Manager Cost Accounting And Profitability (Shift Timing 5PM- 2AM)

Role & responsibilities

Cost Accounting & Profitability Analysis Manager leads cost center accounting, profitability analysis, income statement, and non-trade accounting activities. The role manages and develops the team, ensures accurate and compliant financial reporting, and acts as a business partner to internal stakeholders. It oversees cost allocation, expense distribution, financial and management reporting, and data consistency while driving process improvements, automation, SLA/KPI performance, and operational excellence. The role also supports audits, internal controls, cross-regional collaboration, and strategic projects to enhance business decision-making and service delivery.

Stakeholder Management

• Understand stakeholder requirements and provide timely, practical, and business-focused solutions.
• Develop strong end-to-end process understanding to effectively support business partners.
• Ensure the team delivers compliant, efficient, and high-quality services by establishing and maintaining technical standards.
• Collaborate with Book-to-Report teams across regions on operational activities and projects.
• Act as a business partner to BASF internal stakeholders, identifying, evaluating, and implementing appropriate solutions.

Team Management

• Provide disciplinary leadership, including work allocation, goal setting, performance management, and continuous feedback.
• Identify employee strengths and development needs and drive individual development and career growth.
• Build an open, collaborative, and engaging team environment that promotes effective communication.
• Mentor Senior Analysts and Analysts, encouraging best practices, quality, and team spirit.
• Drive employee engagement, motivation, and team morale.
• Act as backup for the Director and support additional responsibilities as required.

Project Management

• Lead and support process improvement and optimization initiatives, leveraging digital technologies and automation.
• Monitor SLAs, Balanced Scorecards, and KPIs to ensure continuous improvement in operations and service delivery.
• Ensure stakeholder queries and ad-hoc requirements are addressed proactively and within agreed timelines.
• Understand business requirements and provide customized solutions while maintaining high service quality.

Resource Management

• Effectively allocate resources and responsibilities to ensure compliant and efficient service delivery.
• Manage recruitment activities in line with approved budgets and business requirements.
• Support employee development through coaching, development plans, and regular feedback.
• Conduct regular team meetings and individual reviews to identify and resolve issues in a timely manner.
• Manage and monitor the FTE budget for the team.
• Knowledge Management
• Ensure proper documentation and accessibility of process knowledge.
• Promote effective knowledge sharing and transfer to build sustainable capabilities within the team.

Operational Activities

• Oversee Cost Center Accounting, Income Statement, and Non-Trade Accounting activities for BASF group companies and businesses.
• Review the allocation and distribution of expenses across cost objects and ensure accurate monthly income statement reporting.
• Analyze and ensure consistency between financial and management reporting modules.
• Review the correct allocation and accounting treatment of monthly and annual income statement positions.
• Drive process improvements, automation, and digitalization to enhance efficiency and service quality.
• Act as the SPOC for audits, internal controls, and other key organizational activities.
• Ensure all operational activities are delivered accurately, timely, and in line with SLAs and BASF guidelines.

Preferred candidate profile

• Bachelors degree in finance / CA / CMA
• 10 - 18 years of progressive experience in Accounting, Controlling, Costing, Financial Reporting or Shared Services environments.
• Strong leadership, stakeholder management and people management experience.
• Prior experience of Leading a team of 10 employees.
• Excellent analytical, communication and problem-solving skills.
• Experience working in MNC and Captive GCC experience is preferred
• Knowledge of SAP system is mandatory.