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 Main Tasks Functional Tasks (including but not limited to) Compliance Others Service Management 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
Requirements
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
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 €87.3 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 www.basf.com.
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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 – 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.
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Kuala Lumpur, 14, MY
BASF Asia-Pacific Service Centre Sdn. Bhd.
Finance, Controlling & Audit
As an expert in financial reporting and accounting practices, I can attest to the comprehensive and intricate nature of the role outlined in the provided article. My extensive experience and expertise in this field allow me to dissect and analyze the various components mentioned in the job description.
The article primarily focuses on a job opportunity at BASF, specifically within the BASF Asia-Pacific Service Centre (BSSCKL). The position entails delivering General Accounting & Reporting services to customers in the Asia Pacific region. Let's break down the key concepts and requirements outlined in the article:
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Objectives of the Position:
- Deliver General Accounting & Reporting services in compliance with established processes, BASF policies, Internal Control requirements, and local legal/statutory requirements.
- Ensure timely and quality delivery of services, meeting agreed-upon service levels and targets.
- Back up, assist with, and perform Financial Reporting tasks as required.
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Functional Tasks:
- Provide transaction processing support for Financial Reporting with a focus on accuracy, completeness, and timeliness.
- Perform and analyze the booking of accounting transactions and fixed asset transactions.
- Conduct master data maintenance, workings, and account analysis.
- Execute month-end close steps and prepare various financial reports for BASF companies in the Asia Pacific region.
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Compliance:
- Participate in compliance audits and ensure adherence to Internal Control Framework, BASF policies, and local statutory requirements.
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Service Management:
- Execute work according to the service management framework, providing timely and accurate customer service.
- Attend to customer queries and resolve them in a responsible and proactive manner.
- Review backlog and cycle time reports to improve process flow times.
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Quality and Continuous Improvement:
- Identify, recommend, and implement solutions for continuous improvement in consultation with management.
- Update process documentation as needed.
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Knowledge Management:
- Facilitate effective knowledge transfer within the team.
- Contribute to maintaining and updating comprehensive training materials for General Accounting & Reporting.
- Participate in functional training and contribute to the knowledge database.
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Professional Guidance/Multiple Reporting Lines:
- Follow BASF Group guidelines, accounting, and reporting guidelines.
- Understand and adhere to local regulations and statutory requirements.
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Requirements:
- Possess a university degree in finance, accounting, or business studies, or be a Chartered or Certified Professional Accountant.
- Have a minimum of 2 years' experience in Financial Reporting or related accounting functions.
- Preferably have experience working in SAP or other major ERP systems and in a shared service or business process outsourcing engagement.
- Demonstrate knowledge and understanding of Financial Reporting and other accounting functions.
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BASF Asia-Pacific Service Centre:
- Established in 2005, located in Kuala Lumpur, with approximately 1,100 employees.
- Focus on competency and digitalization, providing services in finance, controlling, human resources, and other functional areas.
In conclusion, the outlined role requires a candidate with a strong educational background, practical experience in financial reporting, familiarity with ERP systems, and a commitment to compliance and continuous improvement. The emphasis on service management, quality, and knowledge transfer underscores the importance of maintaining high standards in delivering financial services to BASF's Asia Pacific customers.
