Job Description

Objectives of the Position

• To deliver Business Reporting services to BASF’s internal customers, in accordance with established Business Reporting processes and work procedures and in compliance with BASF guidelines and policies, Financial Reporting Compliance requirements, Internal Control requirements and Local Company legal and statutory requirements.
• To ensure that timelines and quality meet the agreed service levels and targets for enabling country stakeholders drive business/operation with greater transparency and faster.
• To support and back up other analyst in performing Business Reporting tasks as required

Main Tasks

To deliver Business Reporting services, by ensuring delivery quality in terms of accuracy, completeness and timeliness:

• To maintain and ensure master data regarding material ledger, inventory valuation, production planning budget, intra-company transfer pricing, cost center accounting, fixed assets and project accounting are performed timely and accurately.

• To maintain and ensure monthly standard and actual price calculation for all material included in material ledger are performed timely and accurately with correct stock valuation.

• • To maintain and ensure estimation and year-end inventory valuation are performed timely and accurately follow BASF group guideline.

  • To maintain and ensure the revision and year end production planning budget are performed timely and accurately follow BASF group guideline.

  • To maintain and ensure monthly cost center, cycle allocation and FICO reconciliation analysis are performed timely and accurately.

  • To perform and analyze of fixed assets, project accounting transactions and Non-Trade Business transactions

  • To perform Month end closing and Year End closing activities timely and accurately.

  • To perform analysis with comment on cost variations, non-distributed price differences for all material included in material ledger timely and accurately.

  • To perform analysis with comment for Plan & Actual comparison for Fixed and Variable manufacturing cost and capacity utilization.

  • To perform business analysis and provide advice to customer and controlling units on all matters regarding material ledger, inventory valuation, production planning budget, intra-company transfer pricing, cost center accounting.

  • To trouble shoot and resolve issues related to Business Reporting process by working with relevant stakeholders on the queries and issues.

  • To act as back up for other senior analyst and analyst on daily task as and when required, and to perform other duties as and when assigned.

  Requirements

  • University degree in finance and accounting or business studies
  • Minimum 2 years’ experience in finance and accounting functions preferably in Business Reporting Competent candidates with lesser years of experiences are considerable.
  • Minimum 2 years' experience in General Ledger, R2R, cycle maintenance experience
  • Ideally experience in overhead management or product costing
  • Mandarin is preferred due to China portfolio