Senior Analyst, Inter-company Reconciliation

Job Field: Finance/Accounting/Controlling/Audit
Location: Kuala Lumpur, MY, 50000
Company: BASF Asia Pacific
Job Type: Experienced
Job ID: EN_MY_25173

We are the world's leading chemical company because we offer intelligent solutions for our customers and for a sustainable future. We have over 110,000 employees connecting around the world. For you, this means an almost unlimited range of job opportunities, career development and lots of potential to continue learning . At BASF we believe strongly in the power of connected minds.

Description

BASF Shared Services Center Kuala Lumpur, was established in 2005. Located in Kuala Lumpur, the shared services center has 620 employees and provides functional services in the areas of Finance, Controlling, Information Services, Human Resources, Environment, Health & Safety, Procurement and Import-Export Order Management Services to BASF companies and affiliates in 16 countries across the Asia Pacific region. BASF has three other shared services centers located in Berlin and Ludwigshafen in Germany and in Montevideo, Uruguay, that cover Europe and the Americas.

Objectives:

• Provide Inter-company related transaction processing support to deliver Inter-company related services to BSSCKL‘s customers in accordance with established processes and work procedures and in compliance with BASF policies, internal control requirements and local company legal and statutory requirements.
• Ensure that service timelines and service quality are met in the delivery of inter-company transaction, reconciliation and overdue follow up services.
• Coordinate, guide, train and support the analyst in performing Inter-company related function.

Job description:

• Support analyst in processing Inter-company related workflow, by ensuring delivery quality in terms of accuracy, completeness and timeliness on a daily basis.
• Supervise and review the work of Analyst to ensure compliance with the predefined process description and service management frame work.
• Provide assistance and support to team members by sharing inter-company related knowledge and best practices and acting as a mentor to them.
• Support Manager to meet objectives and targets set for sub section by providing an adequate guidance and supervision to Analysts performing the functional tasks
• Ensure team work within the team, cross functional and group companies.
• Ensure all workflow processed according to the establish process documentation and work instruction.
• Act as peer(s) or manager's backup as and when required.
• Train and guide analysts on how to perform reconciliation, and share the best practices and common scenarios.
• Ensure that deadlines for reconciliation are met consistently. Perform analytical review of reconciliation for Accounts Receivable, Accounts Payable, Other Receivable and Other Payable.
• Ensure that deadlines for report submission are met consistently.
• Perform analytical review of overdue report. Ensure the validity and accuracy of the reasoning and propose action provided.
• Coach the team members to trouble shoot issues, queries and challenges related to ICR processes.
• Resolve Inter-company related queries in case it cannot be resolved by Analyst.
• Ensure all queries related to the task are attended on time and resolved within the predefined time frame by means of ticketing tool (gAHD), Customer Satisfaction Measurement Survey and emails.
• Resolve accounting issues in consultation with the Specialist, Manager or Expert.

Requirement:

Education: Diploma or Degree in Accounting.

Working Experience:

• More than 5 years’ experience in accounting including 2 years’ experience supervising accounting team.

Technical & Professional Knowledge:

• Knowledge and understanding of accounts receivable, account payable and general accounting.
• Proficiency in English with good and effective communication skill.
• Knowledge and experience of MS office tools.
• Knowledge of SAP system.

Job Segment: Accounts Payable, Accounts Receivable, Compliance, Finance, Legal