- Entry level
- No Education
- Salary to negotiate
JV Controller (Job Number: 30950)
We are a leading chemical company, with the best teams developing intelligent solutions for our customers and for a sustainable future. Our success as a company relies on the engagement of our employees. We encourage our employees to develop their strengths, and we recognize their achievements. For you, this means a wide variety of job roles, and exciting opportunities for learning and career development.
BASF has been a committed partner to Greater China since 1885. With investments in Nanjing, Shanghai and Chongqing, as well as numerous sites around the country, BASF is a major investor in China’s chemical industry, and runs the BASF Innovation Campus Shanghai as a global research and development hub. BASF posted sales of over €7.3 billion in 2017 to customers in Greater China, and employed 8,982 people as of the end of the year.
Main objective of the Joint Venture Controller role is the pro-active business partnering and facilitation of the interface between the Joint Ventures of Construction Chemicals in Greater China on one side and Regional Business Unit controlling as well as Greater China Controlling platform on the other side. This role comprises of the tasks to translate the business strategies of the Joint Ventures of Construction Chemicals in Greater China into financial planning & controlling programs/measures, the related KPI tracking as well as the action item follow up to close any gaps involving the following areas/skills for:
Reporting and Monitoring, act as business partner to the team
Drives the collection, validation and reporting of KPIs to relevant parties, ensure acceptance, alignment and timely submission of the required reports. Constantly monitor, improve and automate the data collection and retention processes in order to achieve timeliness and accuracy.
Fosters the role of controlling as a business partner for entire organization by carrying out relevant profitability analyses and cost reviews to constantly improve the business results.
Sets-up and maintains an early warning system in case of any deviation from the budget / KPI and address these deviations timely with Business Managers.
Implements and educates the Joint Venture organizations with the Consolidated Business Steering concept; prepare and share consolidated margin data/analysis at customer/product level and provide recommendations for improvements.
Ensures data accuracy and reliability in local ERP as well as reporting system.
Leads/supports the successful implementation of projects and initiatives set by Division/Region/BU.
Short term/Mid-term Forecast/Operational Planning preparation
Prepares valid forecast and operational planning data as scheduled; aligns budget data with cluster management(s), platform(s) and regional controlling.
Acts as single point of contact and manages the annual operational planning process with coordinating, challenging and guiding the entire organization.
Leads the data collection, update and reporting for the strategies in both countries. Acts as strategic controller and interface for data related to the JVs in Greater China.
Coordinates the commercial strategy with the business teams based on the knowledge of key business drivers based on a deep understanding of the economic situation and market drivers.
Provides financial recommendation on strategy development and resource allocation/optimization to ensure the financial security/objectives are met.
Product costing and cost optimization
Act as the Subject Matter Expert for product costing in the JVs to support valid and sustainable business decisions.
Proactively reviews the cost allocation of direct/indirect cost, local and sub region/region cost and challenge/change misallocations. Pro-actively approach the local platform teams to obtain information about cost deviations to ensure reliable cost data.
Identifies, triggers and monitors the realization of cost saving potentials and synergies through process re-engineering in alignment with regional policies and procedures.
Working Capital Control
Coordinates and drives strict AR management proactively to stay within budget and informs JV GMs and business managers in case of significant deviations together with suggestions about action items.
Oversees tight AR control together with business managers and local credit management and follows up with sales and local/regional credit management team.
About the company
We create chemistry for a sustainable future
In line with our corporate purpose, around 113,000 employees contribute to the success of our customers in nearly all sectors and almost every country in the world.
Our broad portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. In 2014, BASF posted sales of €74.0 billion and income from operations before special items of approximately €7.6 billion. We combine economic success with environmental protection and social responsibility. Through research and innovation, we support our customers in nearly every industry in meeting the current and future needs of society. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future.