Job Description
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.
Objective of the Position:
The Chief Financial Officer (CFO) will be a strategic partner to the Board and Management, responsible for financial stewardship, capital allocation, and sustainable value creation for the new legal entity BASF Agricultural Solutions India Ltd.
Given the Company’s stock‑exchange listing in India, chemical manufacturing footprint, and German parentage, the role has a strong emphasis on:
Financial reporting, Indian Accounting Standards, and Tax compliance including intercompany pricing
License to Operate (LTO) with respect to financial and tax
Building a strong, future‑ready finance organization
Key Responsibilities
1. Financial Leadership & Strategy
Lead the development and execution of the Company’s financial strategy, aligned with long‑term business and sustainability objectives.
Oversee budgeting, forecasting, treasury, working capital management, and capital expenditure planning for manufacturing operations.
Provide strategic insights to the Board and CEO on profitability, cost optimization, pricing, and investment decisions.
Support inorganic growth initiatives, including M&A, joint ventures, and technology investments, where applicable.
2. Regulatory Compliance & Governance (Listed Entity Focus)
Ensure full compliance with:
Companies Act, 2013 and SEBI Listing Regulations with respect to financial reporting and matters connected therewith
Indian Accounting Standards / IFRS reporting
Income‑tax, GST, customs, and transfer pricing regulations
Act as a key management representative to the Audit Committee, ensuring high standards of financial integrity and disclosure.
review quarterly, annual, and event‑based disclosures from finance perspective to stock exchanges, ensuring accuracy, timeliness, and completeness.
3. Related Party Transactions (RPTs) & Intercompany Governance
oversee Related Party Transactions with the German parent and global group entities, specifically with respect to:
Arm’s length pricing and transfer pricing compliance
Robust documentation and approval processes
Partner with legal, secretarial, and tax teams to mitigate risks arising from intercompany transactions.
4. License to Operate (LtO) – Financial & Regulatory Stewardship
Act as a custodian of the Company’s financial and regulatory License to Operate, ensuring sustained trust with:
Investors, analysts, and lenders
Joint‑venture and group stakeholders
Oversee financial aspects for reporting purposes.
Ensure robust internal controls, risk management frameworks, and audit processes to protect the Company’s reputation and continuity.
5. Financial Stakeholder Management
Build credibility with banks, financial institutions, rating agencies, and auditors.
Act as a key interface with the German parent company, aligning local statutory requirements with global reporting, and performance expectations.
6. Team Building & Capability Development
Build, lead, and mentor a high‑performing finance organization, covering:
Financial accounting & reporting
Taxation and its related compliances
Business finance
Treasury and internal audit
Key Qualifications & Experience:
Chartered Accountant (CA); MBA (Finance) or equivalent qualification preferred.
20+ years of progressive finance leadership experience, with significant exposure as CFO / Deputy CFO / Finance Head in Listed companies in India (ideally MNCs) preferably in Manufacturing and / or chemical/process industries
Demonstrated expertise in:
Related Party Transactions and intercompany structures
Indian Accounting Standards, taxation, and transfer pricing
presenting finance & related matters to Board of listed Company
Prior experience working with multinational companies (preferably European/German) is highly desirable.
Proven track record of building and leading large finance teams.
Key Competencies
Strong governance mindset with high ethical standards
Ability to operate at Board and Audit Committee level
Strategic thinking with hands‑on execution capability
Strong acumen in steering and handling financial statements (e.g. P&L, Balance Sheet, Cash Flow Statements etc.)
Cross‑cultural effectiveness in global matrix organizations
Clear communicator with strong stakeholder engagement
💡 Quick Summary
Seeking a career-building opportunity? The Chief Financial Officer - BASF Agricultural Solutions India Pvt. Ltd. position is now open for candidates interested in the Event Management Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Event Management Jobs is a plus.