Financial Reporting

7 months 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 **

**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.
- Und

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