Role & responsibilities
- Ensuring high quality, compliance and efficiency of Business Accounting service delivery in line with SLA, handling of ad-hoc requests and developing/offering (customized) solutions to business partners and assigned legal entities.
- Oversee cost centre accounting, overhead allocation, and standard cost setting; manage product costing cycles including variance analysis (price, quantity, efficiency) and WIP valuation.
- Ensure timely period-end costing runs and inventory valuation reviews; resolve material cost variances with operations and supply chain stakeholders.
- Oversee month-end, quarter-end, and year-end close activities journal entries, reconciliations, intercompany settlements, and GL integrity in accordance with IFRS and applicable local GAAP.
- Maintain SOX-compliant internal controls and audit readiness across all in-scope processes; enforce accounting policies and CoA governance; coordinate with auditors and tax advisors on entity queries.
- Monitor key accounting metrics (close cycle time, reconciliation rates, error rates)



and drive corrective actions where gaps arise.
- Identifying business partners' requirements and maintaining regular exchange and valuable cooperation across finance and operations stakeholders.
- Lead the team across resource planning, recruiting, activity allocation, and budget control; drive motivation and growth through target setting, performance evaluation, and continuous feedback.
- Supporting development and optimization of service processes and fostering the use of digital technologies (automation, RPA, analytics) to enhance value creation.
- Participating in global or regional Business Accounting as well as local Hub projects and initiatives in various roles.
- Proactively contributing to and driving discussions in the Business Accounting Management team with regards to organizational development.
- Acting as the key escalation point for business partners on accounting matters, audit queries, and int

📌 Business Accounting Manager (Hyderabad)
🏢 Basf
📍 Hyderabad