BASF
Website:
basf.com
Job details:
Responsibilities: `We are establishing a Global Capability Center (GCC) in Hyderabad to support our company’s digitalization initiatives. As part of this strategic expansion, we seek a highly skilled and experienced Finance, Controlling & Tax Manager to manage all financial operations, statutory compliance, and tax-related matters for the GCC. This is a critical role requiring a self-driven professional who can independently handle end-to-end finance and compliance responsibilities. Key Responsibilities
- Financial Management
- Oversee all financial operations for the GCC, including budgeting, forecasting, and financial planning.
- Ensure accurate and timely preparation of financial statements in compliance with local GAAP and corporate standards.
- Manage accounts payable, accounts receivable, and general ledger activities.
- Monitor cash flow, working capital, and liquidity requirements.
- Implement internal controls to safeguard company assets and ensure financial integrity.
- Controlling & Reporting
- Develop and maintain cost control systems to monitor operational expenses.
- Prepare monthly, quarterly, and annual financial reports for corporate headquarters.
- Conduct variance analysis and provide actionable insights to management.
- Support digitalization projects with cost-benefit analysis and ROI calculations.
- Ensure compliance with corporate reporting standards and timelines.
- Taxation & Compliance
- Manage all direct and indirect tax obligations, including GST, income tax, and withholding tax.
- Ensure timely filing of tax returns and adherence to statutory deadlines.
- Liaise with tax authorities and external consultants for audits and assessments.
- Stay updated on changes in tax laws and implement necessary adjustments.
- Handle transfer pricing documentation and compliance for intercompany transactions.
- Regulatory & Statutory Compliance
- Ensure compliance with Companies Act, labor laws, and other applicable regulations.
- Coordinate statutory audits and internal audits; address audit observations promptly.
- Maintain accurate records for regulatory inspections and filings.
- Treasury & Banking
- Manage banking relationships and ensure smooth operations for payments and collections.
- Oversee foreign exchange transactions and compliance with FEMA regulations.
- Implement efficient cash management strategies.
- Risk Management
- Manage Credit Risks
- Identify financial risks and implement mitigation strategies.
- Ensure compliance with corporate risk management policies.
- Stakeholder Management
- Act as the primary finance contact for corporate headquarters and local authorities.
- Collaborate with HR, procurement, and operations teams for financial support and guidance.
- Further aspects
- Represent the Finance, Controlling and Tax function on the company’s Steering Team.
- Liaise with relevant functional counterparts in our central Controlling & Finance organization in Germany as well as in our other GCCs.
- Drive improvements for processes relevant to the Finance, Controlling and Tax function. Qualifications: `
- Education: Chartered Accountant (CA).
- Experience: Minimum 6–8 years in finance, controlling, and taxation roles, preferably in multinational or GCC environments.
- Strong knowledge of Indian GAAP, IFRS, and corporate reporting standards.
- Expertise in direct Internal and indirect taxation, including GST and transfer pricing.
- Hands-on experience with ERP systems (SAP preferred) and digital finance tools.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and manage multiple priorities.
- Strategic thinking with attention to detail.
- Strong ethical standards and integrity.
- Ability to adapt to a fast-paced, digital-first environment.
- Proactive and self-motivated with leadership qualities. What we offer: Be part of a global leader in digital transformation, working in a vibrant Digital Hub that values innovation, agility, and cross-functional collaboration. Shape the future of BASF’s digital landscape, contributing to projects that drive sustainability and make a real impact. Thrive in a high-performance culture that supports your personal and professional growth, offering diverse learning opportunities and career development. Enjoy a modern, inclusive work environment where your ideas are valued, and your curiosity and ambition are encouraged. Benefit from flexible working models, international networking, and a strong sense of purpose as we enable our customers’ green transformation and lead the way in digital excellence. [to include specific local benefits]. Profession / Occupation / Studies: Years of experience: 7+
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