Financial Reporting (Analyst)

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 Financial 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 ensure delivery quality in terms of accuracy, completeness, and timeliness on a daily basis.
• Perform and analyse booking of accounting transactions, fixed asset transactions, master data maintenance, and account reconciliation including account clearing.
• Perform analytical review of profit and loss accounts and balance sheet, trend analysis, and transaction posting checks.
• Prepare and coordinate for month-end, quarter-end, year-end, and statutory financial reports for BASF companies across Asia Pacific on a 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.
• Troubleshoot and liaise with relevant stakeholders to resolve issues and queries related to Financial Reporting processes.
• Participate and contribute in working groups with specific expertise knowledge.
• Perform backup and other duties as and when required or delegated.

Compliance and Quality:

• Participate in any compliance audits and respond to audit queries.
• Support in ensuring all work documentations and work processes are updated in compliance with BASF policies & guidelines, Financial Reporting Compliance requirements, local company legal and statutory requirements.

Continuous Improvement and Projects:

• Identify, recommend, and implement solutions for continuous improvement opportunities.
• Assist and support the implementation of project initiatives e.g. technology enhancement, internal control, merger and acquisition etc.

Knowledge Management:

• Contribute inputs to maintain and update a set of comprehensive and complete training materials of Financial Reporting functional training.
• Participate in functional training in accordance with established training structure.
• Contribute to knowledge database by updating company-specific procedures and issue logs (including resolution and preventive action) to facilitate continuous learning, development, and knowledge retention.
• Support new and existing team members through effective knowledge transfer and sharing of best practices for sustainable development of knowledge within the team.

Frequent collaboration with relevant stakeholders:

• Counterparts in BASF companies, internal/external auditors, external consultants, and BSSCKL cross-functional units
• Corporate Finance unit
• Global Financial Reporting functional units

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 3 years’ experience in Financial Reporting or other accounting functions. Competent candidates with lesser years of experience are considered.
• 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 Malaysia 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 skills.

The BASF Service Hub Kuala Lumpur (BASF Asia-Pacific Service Centre Sdn Bhd) is strategically located in the capital city of Malaysia. Since its inception in 2005, the hub has expanded from 130 employees to over 1,300 employees currently and is expected to keep growing. As an ISO 9001:2005 certified organization, the Service Hub Kuala Lumpur is committed to delivering high-quality expertise and services in finance, people, supply chain, EHSQ (environment, health, safety, quality), product safety, and digital. We take pride in providing our business services to BASF companies and affiliates across 20 markets in the Asia Pacific region and beyond. Moreover, we offer our services in 8 different languages to cater to the diverse needs of our stakeholders. Our focus on competency and technology-driven solutions allows us to consistently deliver exceptional services, thereby contributing to the success of our businesses. BASF also has two other regional hubs located in Berlin, Germany, and Montevideo, Uruguay, which cover the European and American regions.

BASF Service Hub Kuala Lumpur was recognized with nine prestigious awards in 2024, reflecting its commitment to creating a vibrant, inclusive, and empowering workplace. These awards include winning the title of Operational Excellence in HR at the GBS Asia Awards 2024, multiple accolades at the Life at Work Awards 2024, where the hub was recognized as First Runner-up for Workplace Excellence (International Organization) and CEO Champion (International Organization), as well as Second Runner-up for Best International Organization. The hub also won the title for Excellence in Learning Tech Advancement System and a Certificate of Excellence in Talent Management and Leadership at the HRD Awards 2024. Furthermore, the hub secured a Bronze Award for Excellence in Digital Transformation at the HR Excellence Awards 2024 and received a Bronze Award for Human Resources Impact and an Honorary Award for Creative Talent Management Impact at the SSON Impact Awards Asia 2024.

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 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, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States.

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.