Financial Reporting (associate Analyst)

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

  • Deliver General Accounting & Reporting services to BSSCKL \'s customers in accordance with established Financial Reporting processes and work procedures and in compliance with BASF policies & guidelines, Internal Control requirements, local company legal and statutory requirements.
  • Ensure that timelines and quality meet the agreed service levels and targets.
  • To back up, assist with and perform Financial Reporting tasks as required.
Main Tasks

Functional Tasks (including but not limited to):
  • Provide Financial Reporting transaction processing support and ensuring delivery quality in terms of accuracy, completeness and timeliness on daily basis.
  • Perform and analyze booking of accounting transactions and fixed asset transactions, master data maintenance, workings and account analysis.
  • Clearing of open items in accounts.
  • Execute month end close steps in accordance with work instructions and month end close checklist.
  • Prepare month-end, quarter-end, year-end and statutory financial reports for BASF companies across Asia Pacific on timely, accurate and complete basis. This would include reports for group reporting, internal management reporting, statutory reporting as well as any agreed ad hoc reports required e.g. audit schedules, tax schedules etc.
  • Co-ordinate month-end, quarter-end, and year-end close activities to ensure timely and accurate closure of accounts.
  • Perform analytical review of profit and loss accounts and balance sheet, trend analysis, cost center checks and transaction posting checks.
  • Trouble shoot to resolve issues related to Financial Reporting processes.
  • Liaise with relevant stakeholders on Financial Reporting work issues and queries.
  • Initiate continuous improvement in the areas of operation.
  • Perform back up function duty when required.
  • Perform other duties as and when delegated, including job rotation to other functional teams as and when required.
Compliance:
  • Participate in any compliance audits and respond to audit queries.
  • Support in ensuring all work documentation and work processes are updated and meet with Internal Control Framework on timely basis.
  • Ensure compliance to BASF policies & guidelines, Financial Reporting Compliance requirements, local company legal and statutory requirements.
Others:
  • Assist and support the SDU Head, Senior Manager, Manager, Assistant Manager and Senior Analyst in the implementation of project initiatives e.g. Continuous Improvements, Technology Enhancement, Internal Control, Six Sigma, Scorecard etc.
  • Such other tasks as BSSCKL management and changing business environment may require to be performed.
Service Management:
  • Execute work in accordance with the service management framework by providing timely and accurate customer service.
  • Ensure customer queries are attended to and resolved in a timely, responsible and proactive manner.
  • Review backlog and cycle time reports to improve process flow times.
  • Ensure all workflows are processed within agreed service timelines.
Quality and Continuous Improvement:
  • Identify, recommend and implement solutions in consultation with SDU Head, Senior Manager, Manager, Assistant Manager and Senior Analyst for continuous improvement opportunities.
  • Update changes to process documentation when required.
Knowledge Management:
  • Assist to ensure effective knowledge transfer as for sustainable development of knowledge within the team
  • Contribute inputs to maintain and update a set of comprehensive and complete training materials of General Accounting & Reporting internal functional training.
  • Participate in functional training in accordance with established training structure
  • Contribute inputs to establish a knowledge database of work problems encountered and steps for resolution to facilitate continuous learning, development and cross sharing of knowledge throughout Financial Reporting team.
  • Support new and existing team members through proper knowledge transfer; and sharing of best practice thereby ensuring quality is maintained through any staff transition
Professional guidance / multiple reporting lines:
  • 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
  • SDU Head, Senior Manager, Manager, Assistant Manager and Senior Analyst and peer team members
  • Service Centre management team
  • 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 is regularly supervised
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 2 years\' experiences in Financial Reporting or other accounting functions. Competent candidates with lesser years of experience are considerable.
  • Preferably experience working in SAP system or other major ERP system\'s work environment
  • Experience in a shared service or business process outsourcing engagement will be an added advantage.
  • Experience working in a MNC or Malaysian Public listed company preferred.
Technical & Professional Knowledge:
  • Knowledge and understanding of Financial Reporting and other accounting functions
  • Knowledge and experience of MS office tools
  • Proficiency in English and other language required with good communication skill
  • Well verse in Japanese will have an added advantage.
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\xac78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at .

Stay alert for possible recruitment fraud!
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If you suspect recruitment fraud and BASF is mentioned, first get in touch with at BASF.

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

85371

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BASF

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Job Detail

  • Job Id
    JD948102
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned