28 Sep
|
Basf
|
Hyderabad
LOCATION
Hyderabad, IND
COMPANY
BASF Global Business Services Private Limited
JOB FIELD
Finance, Controlling & Audit
JOB TYPE
Permanent
JOB ID
144599
FLEXIBLE WORK OPTIONS
On-site
BASF Overview
BASF has successfully partnered India’s progress for more than 130 years. As of the end of 2025, BASF had 2,455 employees in India with 8 production sites and 45 offices throughout the country. The Innovation Campus Mumbai and the Coatings Technical Center in Mangalore are both part of BASF’s global technology platform. In 2025, BASF registered sales of approximately €2.2 billion to customers in India. Further information is available on www.basf.com/in
About the Role
The Senior Cost Center, Profitability Accounting Specialist supports business units in preparing company income statements, focusing on cost center allocations, variance explanations, and monthly EBIT analysis. Operating with a high degree of autonomy, the role also supports non-trade activities, leads process improvements, contributes actively to business-transformation initiatives and global communities, and shares knowledge and best practices across the team.
What's In It for You
- Be part of building BASF's current Global Hub in India, a flagship transformation initiative
- Work with a globally integrated team spanning Finance and HR functions
- Competitive compensation, benefits, and structured career pathways
- Access to BASF's world-class learning & development programs
- Inclusive, diverse, and collaborative work culture
- Hybrid work model (mix of on-site and remote)
Key Responsibilities
- Perform daily and monthly activities related to Cost Center Accounting, Income Statement, Profitability Accounting, and Non-Trade processes for BASF group companies and businesses in the Americas.
- Process the complete monthly distribution of expenses across cost objects and generate monthly income statements to support business decision-making.
- Ensure consistency and accuracy of information between the financial accounting and management accounting modules.
- Review and analyze the correct allocation of monthly and annual income-statement positions.
- Analyze variances against prior periods and support monthly EBIT reporting and explanations.
- Actively participate in merger, acquisition, and divestiture projects involving business lines or companies.
- Participate in global communities by supporting the subject-area lead and/or area expert.
- Improve process design and workflow by identifying opportunities for enhancement and automation through new technologies and systems, and help ensure correct implementation.
- Support key organizational requirements, including audits, internal controls, reconciliations, and process-efficiency initiatives.
- Share knowledge and best practices to help colleagues develop their skills.
Minimum Qualifications
- Education: Professional qualification in Finance (e.g. B com, CA, CMA, etc.) or MBA or master’s degree in finance / accounting or related disciplines
- Work Experience: A minimum of 5 years of experience in accounting, finance, business reporting, or a related field.
- Process Knowledge: Strong understanding of cost center accounting, expense allocations, income-statement reporting, profitability analysis, non-trade processes, and month-end activities.
- Decision-Making: The role operates with a high degree of autonomy and makes timely decisions without immediate consultation when appropriate.
- Leadership: No formal leadership position is required; however, the role is expected to share knowledge and best practices to support team capability development.
- Project Experience: Project-related experience is preferred.
- Core Skills: Strong analytical capability, customer focus, problem-solving, organization, prioritization, proactivity, autonomy, attention to detail, collaboration, and effective communication.
Technical Skills
- Solid knowledge of Microsoft Office applications.
- Advanced Excel skills are required.
- Working knowledge of SAP is required.
- Fluent English is required.
- Strong knowledge of financial and management accounting processes, cost objects, profitability analysis, and internal controls.
- Experience with process improvement, automation, or new technologies is an advantage.
- Experience in a shared services, multinational, or GCC environment is preferred.
📌 GB/G CCPA & Cost Charging Specialist (Hyderabad)
🏢 Basf
📍 Hyderabad