Business Controller - Performance Materials, India

BASF SE
Godrej One - Mumbai, IN

We are a leading chemical company, with the best teams developing intelligent solutions for our customers, and for a sustainable future.

We connect and develop people with diverse talents all over the world. For you, this means a variety of ways to progress.

Not only your performance but also your personality matter to us, regardless of gender, age, ethnicity, orientation, and background. � At BASF, careers develop from opportunities.�


� � � � � � � � �

About The Role�

  • Lead PM Controlling team in India by steering, providing guidance and inspiring the team to be valued business partners for stakeholders in India.�
  • Be responsible for overall controlling, reporting, business analysis activities and ensuring compliance in India. Represent PM interest in discussion with other functions and units in the countries
  • Be responsible for overall PM site controlling and reporting activities in Thane, Dahej and Panoli. Ensuring site operates with clear visibility of its cost structures and strategies.
  • Drive digitalization initiatives to promote AI usage within Controlling and reduce manual task to increase efficiency of the team

How You Will Do It�

Planning & Performance Management

  • Ensure timely submission of monthly analysis and business commentary to A-PMA Controlling share point (e.g. CM1 margin and Fixed Cost comment, manufacturing cost analysis and commentary, capital expenditure report, raw material cost development report).
  • Conduct business analysis; provide self-explanatory comments in business reports, clearly explaining the reasons for deviations.
  • Ensure accurate data in the systems (esp. Business Warehouses and SAP) and proactively follow up with GB in case of discrepancies, ensure that regional controlling and LBMs are informed.�
  • Lead the annual Operational planning exercise in India
  • Involve strongly in BASF India Limited public listed activities, ensure cost transparency and balance need of the business plus local requirements
  • Manage project controlling (e.g. capacity expansion project)
  • Fulfil ad hoc requests, questions, reports and analysis from RBU and OD.

Business Analysis

  • Conduct CM1 / profitability analysis at Sub-region, product and customer. Provide comments on profitability development.�
  • Continuously monitor fixed and variable cost development. Alert regional controlling team and Business Head in case or current or upcoming deviations. Actively suggest improvement measures / cost saving potentials (e.g. proactive follow up on allocated cost development and accurate allocation keys) and highlight risk.
  • Conduct production cost analysis. Highlight potential for improvement/cost saving. Monitor deviations between standard vs. actual cost data and update standard cost data when necessary.
  • Involve actively in credit management and close work relationship with local credit manager, e.g. highlight overdue for follow up
  • Monitor the inventory development and ensure accurate data; highlight issues to plant management and define corrective measures.�
  • Involve in regional projects as required e.g support investment evaluation, special analysis, studies etc.
  • Use digital tools and AI for analysis, promote usage of self-service reports within the organization

Governance & Compliance

  • Coordinate both internal and external audits (e.g. CEQ, Project audit A/W, operation audit, FRC audit, statutory audit, FX, Tax, Customs, Supplier auditor, including follow up case)
  • Advise Site colleagues on compliance matters
  • Review of sales & cost reports to detect any human errors. Introduce controls to ensure that all provisions, reversals, rebate, intercompany charges and other accounting adjustments are recorded timely to avoid unexpected surprises.
  • Review and timely update cost allocations drivers related to Performance Materials business.
  • Ensure accurate product costing based on standards of BASF group guidelines.�
  • Coordinate with country controller to ensure Signed contract are uploaded into contract management tool

Teamwork and Interface Management

  • Represent teamwork with other related teams; i.e. GBS team, SCM team, site management team and sales team.
  • Lead country controlling team in India on assignments to ensure alignment among local, regional and global stakeholders to fulfil business objective.
  • Identify, trigger and monitor the realization of cost saving potentials and cross BU synergies through process re-engineering in the BU / benchmarking efforts in line with regional policies and procedures.
  • Conduct BU self-audits within the requirements of local Laws. In addition conduct Self-audit upon request or own judgment to ensure strict compliance for all business related processes.

What We Look For�

  • Education: Chartered Accountant
  • Working Experience: 10-15 years in Controlling/Finance/ Business Analysis
  • Technical & Professional Knowledge: Proficient knowledge of Cost Accounting, BASF Reporting & Controlling tools., MARIS, BW, SAP

Work Location

  • Godrej One - Mumbai�
// // //