Executive – Finance

About us

We are ALTANA: one group of companies – four divisions: BYK, ECKART, ELANTAS, and ACTEGA. A global leader in specialty chemicals and with myriad opportunities for you to develop and grow. Enrich your life with this decisive plus!

With more than 8,000 employees, the ALTANA Group achieved sales of over 3 billion euros in 2024. BYK, as part of the ALTANA Group, is a leading global supplier of specialty chemicals. Our innovative and sustainable additives improve scratch resistance and surface gloss, the mechanical strength or flow behavior of materials, and properties such as UV and light stability or flame retardancy.

BYK has been serving its customers in the Indian subcontinent region for more than 3 decades. BYK India Private Limited, incorporated in January 2018, has its registered office in Thane and corporate head office as well as ‘Customer Technology Centre’ in Pune.

Responsibilities

This position is responsible for managing the P2P process for all vendors, adhering to the internal control matrix. It also involves maintaining the fixed asset register (FAR) and managing the depreciation run in SAP. Additionally, this role supports collections and reconciliations and ensures compliance with TDS / TCS regulations. The position also involves preparing and compiling necessary documentation for banks, audits, and assessments.

Key accountabilities

Accounts payable

• Vendor creation and updates, recording of accounts payables, reconciliation, and balance confirmations
• Monthly aging of payables, management of open items, and adjustments against advances
• Creation of purchase orders (PO) for OPEX and CAPEX
• Reconciliation of vendor balances, including quarterly confirmation from vendors and intercompany
• Recording of intercompany transactions, processing payments, and coordinating with consultants for 15CA / CB compliance
• Collaborating with consultants and auditors during audits and assessments
• Maintaining transaction schedules for rent, deposits, interest, consultancy, and other OPEX-related expenses
• In-depth knowledge of TDS rates, withholding tax returns, and GST compliance

Bank transactions and correspondence, fixed assets

• Managing bank transactions, uploading payment requests for intercompany transfers, third-party vendors, and forex transactions
• Assisting with the recording and compilation of documentation for import / export compliance
• Familiarity with EDPMS / IDPMS systems, customs compliance, and payment procedures
• Recording and reconciling fixed assets, preparing the fixed asset register (FAR), and managing monthly depreciation runs
• Conducting physical verification of fixed assets and stock
• Providing timely support for MIS reporting
• Knowledge of statutory payments, custom duties, and GST payments
• Coordinating with statutory auditors, GST / tax auditors, and internal auditors to provide necessary information and documentation

These accountabilities may be extended to enhance the impact of the role on business and innovation.

Requirements

• Graduate / Postgraduate (BCom / MCom) from a recognized university / institute
• 3 years of firsthand experience in accounts payable and fixed assets
• Prior experience in the trading or manufacturing industry is required
• In-depth knowledge of GST and income tax regulations within India
• Proficient in MS Office, particularly Word and Excel
• Strong working knowledge of the SAP FICO module is necessary
• Excellent fluency in written and oral English

Our plus

In the ALTANA Group, you will work in a unique culture of innovation where the utmost importance is attached to promoting individual ideas and abilities as well as open, trusting interaction.
At ALTANA we want to be leading in everything we do. Therefore, active implementation of ALTANA's corporate culture in everyday life is the most effective guideline. Unshakable guidelines of ALTANA's corporate culture are the four corporate values of ALTANA.

• Appreciation
• Empowerment to act
• Openness and
• Trust

They are the basis of the work at ALTANA, across divisions and continents, regions and countries, languages and cultural borders.

Contact

We invite you to get to know us better and to become part of our team. Discover your career plus in specialty chemistry. Please send us your application, preferably via our job market www.altana.jobs.

For further information, please contact:
Priya Gugale, priya.gugale@altana.com, +91 20 6719 0767

The closing date for all applications is 5th July 2025 and shortlisted candidates will be invited for a face-to-face interview. For further information on the company, visit our website at www.byk.com.

ALTANA AG and its subsidiaries is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, among other things, or status as a qualified individual with disability.

Job number: AW00295
Legal entity: BYK India Private Limited
Location: Pune (Maharashtra)