Job Description

Do you want to work with passionate teams, providing excellent business and digital services to the Asia Pacific region?Do you want an open, supportive, and caring working environment?Do you view your development needs seriously as we do?If YES, then take your career to the #NextLevel with BASF !Objectives of the Position

• Provide Accounts Receivable (AR) & Inter-Companies Reconciliation (ICR) services to business units in accordance with established processes, work procedures and in compliance with BASF policies, Financial Reporting Compliance (FRC), local company legal and statutory requirements.
• Ensure that timelines and quality are met within the agreed service levels agreements

Main TasksFunctional Tasks (including but not limited to):

• Process incoming receipts made by customers with various payment method in accordance with Service Level Agreements (SLA)
• Process customer rebates contract maintenance & rebate settlement credit notes for 3rd party customers
• Generate statement of accounts & dunning letters for the customers
• Resolving account discrepancies such as unallocated/unidentified receipts
• Process Trade AR expected credit loss & specific provision and write-offs of bad debts according IFRS 9
• Provide the balance confirmation for 3rd party customers upon request from end-users
• Generate periodic/ad-hoc AR reports in accordance with end users and/or BASF requirements
• Perform customer reconciliation per request from auditor or customers
• Process exceptional customer invoices, debit notes and credit notes (whenever necessary)
• Clearing and monitoring of open items in General Ledger accounts related to customers
• Process customer refund
• Ensure that queries are attended according to the agreed timelines
• Support in transition/projects activities and perform testing
• Initiate and execute inter-company reconciliation in accordance with process documentation by identifying the reason of inter-company differences
• Perform month end and year end close activities to ensure timely and accurate closure of accounts
• Perform investigation for Condor discrepancies and provide adjustment via Adrian portal before reporting deadline
• Ensure all inter-company differences upon investigation are justifiable and coordinate with the stakeholders for resolution
• Perform follow up and monitoring on inter-company receivable overdue aging transactions
• Coordinating and investigate unsuccessful settlement request (SR) creation
• Provide advice and guidance to relevant recipients on commission error for resolution
• Reconcile the data maintenance in inter-companies\' vendors & customers are accordance to the inter-company guideline i.e.: payment term and currency
• Ensure no retrospective adjustment for posted invoices at the time new maintenance taken place
• Attend to inter-company reconciliation related queries from stakeholders

Compliance

• Participate in any compliance audits and respond to audit queries (for both internal and external)
• Ensure all work documentation and work processes are updated and met with BASF policies & guideline, local company\'s policy, legal and statutory requirements

Quality and Continuous Improvement

• Identify, recommend, and implement continuous improvement opportunities in quality and efficiency to support smooth implementation
• Prepare training materials and conduct end user trainings when required
• Support new and existing team members through proper knowledge transfer; and sharing of best practice thereby ensuring quality is maintained through any staff transition

Others

• Support Business Continuity Plan (BCP) through resource planning, backup and communication
• Any other tasks due to Service Hub KL management strategy and/ or changing business environment may require to be performed

Additionally, for Associate Analyst:

• Act as Area of Competency (AOC) member for Accounts Receivable process including but not limited to
• AUTOBANK key user to maintain AUTOBANK rules to enable auto post and clear of incoming receipts and/or
• Rebate Process key user as the first escalation point and support new process implementation & improvement
• Intercompany Reconciliation process
• Prepare of Credit Risk Management reports and ensure reports in compliance with global and regional Credit Risk Management policies, procedures and guidelines and address to ad-hoc queries
• Perform CARAT report validation and resolve when discrepancies
• Handling inter-company master data coordination which involved new inter-company setup, liquidation, merging and inter-company general data changes
• Act as Countries Cluster Lead to coordinate all the country\'s inter-company reconciliation related activities
• Support Internal, Regional and Global projects as and when required

RequirementsEducation

• Bachelor\'s Degree or Diploma in Finance/ Accounting or related disciplines or Professional qualification in Finance (e.g., ACCA, CPA, etc.)

Working Experience & Skills

• Fresh graduate with Bachelor\'s Degree in Finance/ Accounting or related disciplines
• Diploma with minimum 1-2 years working experience in related fields
• External experience in a shared service or business process outsourcing engagement will be an added advantage
• Good interpersonal skills to communicate to service recipients
• Good time management, good organization skills and multi-tasking skills
• Ability to work independently with minimal supervision, and to excel under pressure for meeting any tight deadlines

Technical & Professional Knowledge

• Knowledge of MS Office Applications, especially MS Word, Excel and Power Point
• Knowledge of SAP Systems will be an added advantage
• Proficiency in English and other languages required
• Knowledge in programing or scripting are an added advantage but not mandatory

BASF Asia-Pacific Service Centre was established in 2005. Located in Kuala Lumpur, the regional service hub has about 1,200 employees and growing. Focused on being a competency and digitalization driven hub, it also provides quality functional and know-how services in the areas of finance, controlling, human resources, real estate and facilities management, communications, environmental, health and safety, procurement, import-export order management, and information services to BASF companies and affiliates in the Asia Pacific region. BASF also has two other regional hubs located in Berlin, Germany, and Montevideo, Uruguay that cover the Europe and Americas regions.At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of \xe2\x82\xac68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.Stay alert for possible recruitment fraud!
This can include fake websites, fake job offers, or contact from a person falsely claiming to represent BASF.
Remember, neither BASF nor our representatives will ever request money from a job candidate.
If you suspect recruitment fraud and BASF is mentioned, first get in touch with at BASF.A unique total offer: you@BASFAt BASF you get more than just compensation. Our total offer includes a wide range of elements you need to be your best in every stage of your life. That\'s what we call you@BASF. Click here to learn more.A unique total offer: you@BASFAt BASF you get more than just compensation. Our total offer includes a wide range of elements you need to be your best in every stage of your life. That\'s what we call you@BASF. Click here to learn more.Working at BASF: We connect to create chemistryWe are proud of strong history of innovation, which has helped make us who we are today \xe2\x80\x93 the world\'s leading chemical company. Every day, our global team of over 120,000 individuals work together to turn visions for sustainable solutions into reality by connecting with one another and sharing our knowledge.The right people are crucial for our sustainable success. We aim to form the best team by bringing together people with unique backgrounds, experiences and points of view. Our differences make us stronger and more vibrant. And an open, creative and supportive work environment inspires us to achieve exceptional results.About BASFFind out what BASF has to offer as an employer and why you should join our team.Your applicationHere you find anything you need to know about your application and the application process.Contact usYou have questions about your application or on how to apply in Europe? The BASF Talent Acquisition Europe team is glad to assist you.Please note that we do not return paper applications including folders. Please submit copies only and no original documents.For BASF, diversity is one of the essential keys to business success and the well-being of our employees. We promote an inclusive culture that accepts the diversity of people, experiences and capabilities. By embracing talents and abilities of all kinds, we aim to boost creativity and motivation, and enhance our teams\xe2\x80\x99 performance.Join the team and connect with more than 117,000 other minds.Kuala Lumpur, 14, MYBASF Asia-Pacific Service Centre Sdn. Bhd.Finance, Controlling & AuditPermanent108535ATS_WCMS_WEBFORM

BASF