Financial Reporting

3 weeks ago

Kuala Lumpur, Malaysia BASF Asia-Pacific Service Centre Sdn. Bhd. Full time

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 **

**O**bjecti**v**es of t**h**e **P**osi**t**ion**
- Assume functional leadership role in the Financial Reporting team.
- Effectively manage, supervise and support the Financial Reporting team members to deliver services to BASF group companies in compliance with BASF policies & guidelines, internal controls requirements, local company legal and statutory requirements.
- Ensure that service timelines and service quality meet the agreed service levels and targets.
- Coach and develop the Financial Reporting team members to meet defined service standards through structured training and on the job coaching.
- Contribute and support the Department Head, Managers and Experts in the implementation of project initiatives e.g. Continuous Improvements, Technology Enhancement, Internal Control, Balance Scorecard and any other ad hoc project roll outs etc.
- To back up, assist with and perform Financial Reporting tasks as required.

**M**ain **T**as**k**s**

Functional Tasks (including but not limited to):

- Supervise and monitor the Financial Reporting transaction processing and ensure delivery quality in terms of accuracy, completeness and timeliness on daily basis.
- Review and analyze the booking of accounting and fixed asset transactions, master data maintenance, account reconciliation including account clearing as performed by the Financial Reporting team members.
- Supervise and monitor to ensure month-end, quarter-end and year-end close steps are executed in accordance with work instructions and month end close checklist to ensure timely and accurate closure of accounts.
- Perform analytical review of profit and loss accounts and balance sheet, trend analysis, cost center checks, fixed asset checks and transaction posting checks.
- Supervise and monitor to ensure timely, accurate and complete preparation of month-end, quarter-end, year-end and statutory financial reports for BASF companies across Asia Pacific. 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.
- Be a “Key User” within the team by providing expert knowledge/guidance/training to peers, Senior Analysts and Analysts to trouble shoot or liase with relevant stakeholders to resolve issues/queries related to Financial Reporting processes to improve their on-the-job ability.
- Lead in working groups (i.e. Smart Close, Final Sprint, RRM, CbCR & etc.) with specific expertise knowledge.
- Act as a backup for Manager when required or assist manager on planning of tasks and resources within a Team:

- Support team strategic plan and objectives including organizing the daily business within the team.
- Ensures a functioning back up regulation.
- Allocates additional and/or temporary tasks which arises through the daily business.
- Support the Manager with personnel planning and participate in hiring process as and when required.
- Assist managers in providing feedback and reinforcement to team members regarding development needs and opportunities, and secure resources to support development efforts
- Drive team motivation and moral by establishing good interpersonal relationships by helping team members feel valued, appreciated, and aware of business performance issues.
- Participation in the personnel development and appraisal
- Assume hands on, perform back up, other duties as BSSCKL management and changing business environment may require to be performed.

Compliance and Quality:

- Manage and participate in any compliance audits and respond to audit queries.
- Accountable in all work documentation and work processes update/development to meet Internal Control Framework and ensure compliance to BASF policies & guidelines, Financial Reporting Compliance requirements, local company legal and statutory requirements.

Continuous Improvement and Projects:

- Identify, drive, and implement solutions with proactive measures in consultation with Department Head and Managers/Experts for continuous improvement opportunities.
- Act as mentor to Analysts to encourage good practice, team spirit and a quality-orientated approach.
- Lead regional projects and participate in global project

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