Analyst, Business Reporting

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.

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 stakeholders in accordance with established Business Reporting work processes & procedures, in compliance with BASF guidelines & policies as well as Financial Reporting &Local Company legal and statutory requirements.
• To ensure that service quality meet the agreed service level and target agreements.
• To support, collaborate and/ or back up peers/ stakeholders in performing Business Reporting related activities.

Main Tasks

Delivery of Business Reporting activities for either one of the following subject areas

Product Costing & Inventory Valuation:

• Perform Month End and Year End closing activities
• Maintain and update master data for Business Processes, production budget and material
• Update profit center on demand and maintain transfer price
• Calculation of S-Price for externally procured and own manufactured products
• Analysis of process order settlements
• Calculation of PUP for externally procured and own manufactured products
• Posting of inventory provisions
• Calculation of devaluation rates (GIV) applied in the MEC based on BASF rule base

Cost Center & Profitability Accounting:

• Perform Month End and Year End closing activities
• Update of cost center master data
• Update of cost center allocations, manual fixed amount allocations, Fixed & Variable SKF Keys
• Attend queries related to cost center, allocations, APCCII and COPA profitability analysis
• Perform cost allocations in profit & loss statement
• Perform FI-CO module reconciliation and follow up with end users for corrective actions for FI-CO differences
• Perform Transfer Pricing Elimination
• Review & analyze Non-Trade Business transactions

Project Accounting:

• Perform Month End and Year End closing activities
• Project Setup and Maintenance of all relevant project master data
• Financial Evaluation: decision to capitalize or expense project cost
• Project Monitoring: monthly analysis of the project status and important KPI’s
• Project Start-Up: capitalization of project costs to fixed assets
• Closure of Projects
• Monthly closing activities: report project costs in the balance, calculate construction period interests
• Maintenance and support of various tools (IQ, Asset Cockpit, GIP, Auto-WBS, FORCE)

Others

• Ensure compliance with BASF guidelines and policies, as well as Financial Reporting & Local Company legal and statutory requirements.
• Ensure all work and process documentations are updated per the Internal Control Framework.
• Active participation with compliance and/ or quality audit activities.
• Identify, collaborate and/ or support implementation of local/ global project and continuous improvement activities.
• Contribute and support the growth of BASF’s knowledge management with continuous learning and sharing and/ or documenting of new practices.

Requirements

• Bachelor’s degree in Finance, Accounting or related fields
• Recognized professional accounting qualification (e.g. ACCA, CPA, CIMA or MIA)
• Min 2 years of relevant work experience
• Knowledge of SAP or similar ERP systems will be an advantage.
• Good communication & presentation skills
• Versatile and results-oriented in a fast-paced environment

BASF regional service hub has been established since 2005 in Kuala Lumpur. The regional service hub has approximately 700 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. More than 110,000 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 is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2020.

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.