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: Analyze and provide useful information on inventories to mitigate significant impacts on product costs to business units
What's In It for You: Be part of building BASF's new Global Hub in India, a flagship transformation initiativeWork with a globally integrated team spanning Finance and HR functionsCompetitive compensation, benefits, and structured career pathwaysAccess to BASF's world-class learning & development programsInclusive, diverse, and collaborative work cultureHybrid work model (mix of on-site and remote)
Key Responsibilities:
- Perform the monthly valuation of inventories at standard cost and actual cost according to monthly month-end schedule.
- Analyze monthly variations of actual cost, standard cost, and production orders.
- Support in the definition and maintenance of annual operating plan that includes fixed production costs as well as variable rates.
- Perform inventory valuation adjustment. Calculate and account for provisions for low turnover, net realizable value and / or replacement price of inventories according to closing schedule
- Assist to communicate process deliverables to ensure all stakeholders are kept informed on progress and issues/resolutions.
Implement continuous improvement of processes through new technologies and systems actively supporting the horizontal team.
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Minimum Qualifications:
- Graduates of Public Accountant, Business Administration, Economics
- Min 3 to 5 years of experience in relevant domain.
- Strong analytical, problem-solving, and communication skills.
- Ability to work effectively in a multicultural, fast-paced global environment
- High attention to detail and a commitment to data accuracy
Preferred Qualifications:
- Bachelor’s degree in accounting, Finance, Commerce, or a related field.Professional qualifications such as CA, CMA, CPA, ACCA, CIMA, or equivalent (completed or pursuing).
Technical Skills:
