Senior Analyst, Treasury Front Office

We are a leading chemical company, with the best teams developing intelligent solutions for our customers and for a sustainable future. Our success as a company relies on the engagement of our employees. We encourage our employees to develop their strengths, and we recognize their achievements. For you, this means a wide variety of job roles, and exciting opportunities for learning and career development.

The BASF Shared Services Center Kuala Lumpur was established in 2005. Located in Kuala Lumpur, it has approximately 700 employees and provides functional services in the areas of Finance, Controlling, Information Services, Human Resources, Environment, Health & Safety, Procurement, and Import-Export Order Management to BASF companies and affiliates in 17 markets across Asia Pacific. BASF also has three other Shared Service Centers that cover Europe and the Americas, located in Berlin and Ludwigshafen, Germany, and Montevideo, Uruguay.

Objectives of the Position

• Responsible for decision making and execution of cash management and foreign currency hedging of assigned companies under the Regional Treasury platform
• Preparation of monthly liquidity forecast reports of assigned companies
• Ensure compliance with internal and external rules and regulations and corporate governance
• Serve as expert for cash and foreign exchange management as well as money market and currency market development for assigned countries in Asia Pacific
• Take initiatives to streamline or re-engineer treasury processes towards digitalization and best practice standards
• Represent as Regional Treasury in global and regional projects for cash and foreign currency management topics

Main Tasks

• Responsible for decision making and execution of cash management and foreign currency hedging of assigned companies under the Treasury Services.
• Monitor cash management and foreign currency exposure of assigned companies on daily basis and make decisions on cash investment, loan draw-down/repayment and foreign currency hedging. Initiate deal entries in SAP and work closely with Back Office to ensure smooth execution, settlement and accounting entries
• Keep up to date on banking products, money market, currency markets and trading systems for assigned countries. Contribute to improvement in cash and currency risk management strategies and IT infrastructure
• Assess and select trading partners for competitive bidding
• Optimize bank account structure in the assigned country
• Preparation of monthly liquidity forecast reports of assigned companies
• Prepare 6-month rolling cash flow forecast on monthly basis for designated companies based on business trends and working capital KPIs
• Improve continuously on forecast accuracy by knowledge sharing and contribution to global liquidity planning community
• Ensure compliance with internal and external rules and regulations and corporate governance
• Strictly follow Group guidelines, policies and procedures in conducting all Front Office operation
• Ensure full compliance with external regulation for all cash management and foreign currency transactions
• Support internal and external auditing of Front Office operation
• Serve as expert for cash and foreign exchange management as well as money market and currency market development for assigned countries in Asia Pacific
• Monitor macroeconomic development in assigned countries
• Monitor money market and currency market development of assigned countries and contribute to cash management and hedging strategies development jointly with CFT.
• Provide advisory services to team members as well as non-treasury colleagues
• Take initiatives to streamline or re-engineer treasury processes towards digitalization and best practice standards
• Review regularly AS-IS operational work flows and identify improvement areas
• Maintain relationship with internal and external business partners, identify new opportunities in operational efficiency
• Identify areas for digitalization to optimize/ improve data transparency and process efficiency
• Represent as Regional Treasury in global and regional projects for cash and foreign currency management topics
• Collaborate with global and regional relevant units (e.g. Treasury Middle Office, Back Office, Process Experts) in cash and foreign currency management projects
• Provide cash and currency management expertise and support to other projects as required
• Perform ad hoc duties as assigned
• Provide backup support to team members when required to ensure smooth Front Office operation
• Support the preparation of desktop manuals for all existing processes of Front Office as part of Business Contingency Plan
• Document knowledge, competencies and skills required for Front Office
• Take up projects when appropriate

Requirements

• Education: Bachelor’s degree in accounting/finance/business/economics, MBA or master’s degree welcome
• Working Experience: at least 5 years’ experiences in finance/ treasury areas preferably with experience in cash management, foreign exchange trading and risk management
• Technical & Professional Knowledge:
• Profound understanding and operation experience in finance and treasury such as cash forecasting, pooling, netting, bank deposits, loans, money market, foreign currency derivatives as well as local finance related regulatory framework and environment in major Asia countries
• Ability in developing and analyzing cash flow statement and liquidity forecast plans
• Excellent interpersonal skills, communication skills and presentation skills
• Strong time management and organization skills
• Results driven and positive team player
• Proficient skills in Excel, Word, PowerPoint, SAP, 360T, Fireapps, Bloomberg and Power BI
• Ability in working with high independency, efficiency and responsibility as well as strong learning ability

For further information, and to apply, please visit our website via the “Apply” button below.

Candidates must be resident in Malaysia, or have the right to work in Malaysia.