GB/G Senior Associate Specialist, Competence Center (FRC & Accounting Compliance)

 

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. 

 

 

            
 

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 purpose of this role is to ensure high-quality, compliant, and efficient execution of end-to-end Purchase-to-Pay processes by managing financial controls, payment operations, reconciliations, and audit coordination, while driving continuous improvement and mitigating organizational risks

What's In It for You

 

• Be part of building BASF's new 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

 

A. Financial Risk & Controls (FRC)

• Execute daily and periodic controls to ensure accuracy, completeness, and compliance of invoice postings and P2P activities
• Monitor and analyze key FRC KPIs (e.g., Spot-check, Overdue, Blocked invoices, Duplicates) and develop actionable insights
• Design and implement strategies to improve control frameworks and ensure alignment with financial integrity standards.
• Support internal and external audits by performing pre-audit controls and addressing audit findings with sustainable solutions

 

B. Payments Operations

• Ensure timely and accurate execution of vendor payments, including validation of payment proposals and post-payment monitoring
• Perform payment quality checks and proactively identify and resolve payment errors with stakeholders.
• Monitor payment KPIs (e.g., payment accuracy, late clearing) and drive improvement initiatives.
• Manage payment calendars and ensure continuity of operations considering regional holidays and business constraints.

 

C. Accounting & Compliance

• Perform GR/IR and P2P-related account reconciliations ensuring accuracy and timely resolution of differences.
• Prepare monthly reports and analyze reconciliation KPIs to improve financial processes.
• Collaborate with controllers, legal entities, and business reporting teams on financial topics.
• Act as focal point for external audits, coordinating responses, documentation, and corrective actions.

 

D. Continuous Improvement & Process Excellence

• Identify opportunities for automation, standardization, and process simplification across P2P.
• Challenge existing processes and controls using data analysis and KPIs.
• Drive initiatives aligned with Lean Six Sigma and digital transformation frameworks.

 

E. Stakeholder & Team Collaboration

• Coordinate workload planning across FRC, Payments, and Accounting/Compliance processes.
• Partner with “Business Oriented” teams, controllers, and stakeholders for issue resolution and improvement initiatives.
• Mentor team members, share best practices, and support capability development within the team.

 

Minimum Qualifications

 

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field Experience
• Min 8 to 12 years of professional experience in finance or similar.
• 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

Technical Skills

 

• Advance Microsoft Office tools and SAP advance, basic/intermediate PowerBI
• Lean Six Sigma, Power BI (preferred)
• Excel VBA (nice to have)

 

About BASF:

At BASF, we believe that great chemistry starts with great people. We foster a workplace where curiosity is encouraged, diverse perspectives are valued, and every employee is empowered to make a meaningful impact. Our culture is built on trust, collaboration, and a shared commitment to continuous growth - both for the business and for the individuals within it.At BASF, your development never stands still. Employees have access to structured learning pathways, international exposure, and cross-functional mobility across a truly global organization. We are committed to inclusion and equal opportunity, and we actively invest in the wellbeing, development, and long-term career growth of our people. Whether you are early in your career or bringing deep expertise, BASF offers the scale of a world-leading company with the sense of purpose and community that makes it a place where people genuinely thrive.

 

For questions contact Muktha B.P, M: +91-8069541986.