Business Reporting (senior Associate Analyst) Product Costing & Inventory Valuation 1

Kuala Lumpur, Malaysia

Job Description


We are a leading chemical company, with the best teams developing intelligent solutions for our customers, and for a sustainable future.

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.

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

  • To deliver Business reporting services to BASF\'s internal customers, in accordance with established Business reporting processes and work procedures and in compliance with BASF guidelines and policies, Financial Reporting Compliance requirements, Internal Control requirements and Local Company legal and statutory requirements.
  • To ensure that timelines and quality meet the agreed service levels and targets for enabling country stakeholders drive business/operation with greater transparency and faster
  • To support and back up other analyst in performing Business reporting tasks as required.
Main Tasks

Functional Tasks (Inclusive but not limited):
  • To deliver Business reporting services, by ensuring delivery quality in terms of accuracy, completeness and timeliness.
  • To maintain and ensure master data regarding material ledger, inventory valuation, production planning budget, intra-company transfer pricing, cost center accounting, fixed assets and project accounting are performed timely and accurately.
  • To maintain and ensure monthly standard and actual price calculation for all material included in material ledger are performed timely and accurately with correct stock valuation.
  • To maintain and ensure estimation and year-end inventory valuation are performed timely and accurately follow BASF group guideline.
  • To maintain and ensure the revision and year-end production planning budget are performed timely and accurately follow BASF group guideline.
  • To maintain, review and ensure monthly cost center, cycle allocation and FICO reconciliation analysis are performed timely and accurately.
  • Review and analyze of fixed assets, project accounting transactions and Non-Trade Business transactions.
  • To perform Month end closing and Year End closing activities timely and accurately.
  • To perform analysis with comment on cost variations, non-distributed price differences for all material included in material ledger timely and accurately.
  • To perform analysis with comment for Plan & Actual comparison for Fixed and Variable manufacturing cost and capacity utilization.
  • To perform business analysis and provide advice to customer and controlling units on all matters regarding material ledger, inventory valuation, production planning budget, intra-company transfer pricing, cost center accounting.
  • To trouble shoot and resolve issues related to Business reporting process by working with relevant stakeholders on the queries and issues.
  • To act as business partner for BASF\'s internal customer to suggest and discuss workable solution with customers.
  • To act as backup for Manager on daily task as and when required, and to perform other duties as and when assigned.
Compliance:
  • To participate in any compliance audits and respond to audit queries.
  • To ensure all work documentation and process are updated to meet the Internal Control Framework on timely basis.
  • To ensure compliance to BASF guidelines and policies, Financial Reporting Compliance requirements, local regulation and statutory requirements.
Others:
  • To contribute and support Business reporting Senior Manager, Manager, Regional Process Expert and Subject Matter Expert Lead in the implementation of project initiatives.
  • To support Global Finance Transformation (GFT) initiatives in Business reporting team.
  • To collaborate and support local counterpart team, service management team, regional and country controllers, plant personnel and other Finance service work streams.
  • To drive in transition and migration projects, and support team strategic plan.
  • To act as mentor to Senior Analysts and Analysts to encourage good practice, team spirit and a quality-orientated approach.
Service Management:
  • To perform tasks in accordance with the service management framework, by providing a timely and accurate service.
  • To ensure customer queries are attended and resolved timely, responsible and proactive manner.
  • To ensure all tasks are processed within agreed service timeline.
Quality and Continuous Improvement:
  • To identify, recommend and implement solutions in consultation with Senior Manager, Manager, Regional Process Expert, Subject Matter expert lead for continuous improvement opportunities.
  • To support standardization across regions and globally by focusing on alignment of end to end business process areas, system and tools.
Knowledge Management:
  • To conduct functional training and contribute in training materials preparation in accordance with the established training framework
  • To support in establishing a knowledge database, also of work problems encountered and steps for resolution to facilitate continuous learning, development and cross sharing of knowledge throughout Business reporting team. This is including to document any exceptions to the country\'s end to end process, carry out post mortem for each month end in preparation of Team or Departmental meeting.
  • To ensure update changes to process documentation as and when required.
  • To support new and existing team members through proper knowledge transfer; and sharing of best practice thereby ensuring quality is maintained through if staff transition.
Professional guidance / multiple reporting lines:
  • Assist to delegate work and assign tasks to others in team where requested
  • Assist Manager in day to day supervisory tasks of team
  • Provide guidance and support to the designated Business reporting team
  • Assist managers in providing feedback and reinforcement to team members regarding development needs and opportunities, and secure resources to support development efforts
  • Establishes good interpersonal relationships by helping team members feel valued, appreciated and aware of business performance issues.
  • Assume Manager\'s role in the absence of Manager
  • Follow BASF Group guidelines; accounting and reporting guidelines
  • Understand and follow local regulation and statutory requirements
  • Frequent cooperation within BASF Group Counterparts and/or relevant stakeholders in BASF companies, internal auditors and the other BSSCKL functional teams
  • Global/Regional Finance Reporting functional units
  • Frequent cooperation outside BASF Group
  • Work closely with external consultants, auditors etc.
Degree of Supervision Required in the job:
  • Work with minimal supervision
Minimum Education and Qualification Required for the Position

Education:
  • University degree in finance and accounting or business studies; and/or
  • Chartered or Certified Professional Accountant or equivalent
Working Experience:
  • Minimum 5 years\' experience in finance and accounting functions preferably in Business reporting. Competent candidates with lesser years of experiences are considerable.
  • Experience working in a MNC, shared service center or Malaysian Public listed company is preferable.
Technical & Professional Knowledge:
  • Knowledge and understanding of Business reporting and other accounting functions.
  • Knowledge and understanding of SAP system or other ERP system will be an advantage.
  • Knowledge and experience of MS office tools.
  • Proficiency in English and other languages as required with good communication skills.
BASF Asia-Pacific Service Centre was established in 2005. Located in Kuala Lumpur, the regional service hub has approximately 1,100 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 111,000 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\xac87.3 billion in 2022. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at .

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A unique total offer: you@BASF

At 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@BASF

At 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 chemistry

We 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 117,000 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 BASF

Find out what BASF has to offer as an employer and why you should join our team.

Your application

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Contact us

You 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, MY

BASF Asia-Pacific Service Centre Sdn. Bhd.

Finance, Controlling & Audit

Permanent

86494

ATS_WEBFORM

BASF

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Job Detail

  • Job Id
    JD983669
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned