Business Reporting (Senior Specialist) Product Costing & Inventory Valuation
BASF
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Objectives of the Position
- To drive and support SAP and process implementation for projects like M&A projects, NGBA, new company set up and any other projects in the areas of Product Costing and Inventory Valuation
- To drive and support the automation and technology improvement for Asia Pacific Companies
- To implement solutions in line with the BASF governance and BASF Asia-Pacific Service Centre strategy, with appropriate use of technology tools such as SAP improvements, RPA, VBA & VBS, SmartClose etc.,
- Effectively support process improvement by providing automation solution in the Business Reporting area in line with deliverables and manage all stakeholders to ensure deliverables are communicated effectively.
- Effectively support the Business Reporting function in delivery of services to BASF group companies with automation solutions
- To drive and support SAP and process implementation for projects like M&A projects, NGBA, new company set up and any other projects in the areas of Product Costing and Inventory Valuation
- To drive and support the automation and technology improvement for Asia Pacific Companies
- To implement solutions in line with the BASF governance and BASF Asia-Pacific Service Centre strategy, with appropriate use of technology tools such as SAP improvements, RPA, VBA & VBS, SmartClose etc.,
- Effectively support process improvement by providing automation solution in the Business Reporting area in line with deliverables and manage all stakeholders to ensure deliverables are communicated effectively.
Main Tasks
Functional Tasks (including but not limited to):
- Assist to implement solutions in line with the BASF governance and BASF Asia-Pacific Service Centre strategy, with appropriate use of technology tools such as RPA, ION, VBA & VBS etc.
- Drive and support the development and implementation of new business practices and processes in compliance with BASF Group requirements with technology solution, if necessary
- Ensure policies, processes, and business practices comply with and are maintained in accordance to BASF group and regional standards in the developed solutions
- Engage with the project owners, local companies, and relevant functional units / work streams to ensure that project solutions are adopted, implemented, and maintained appropriately.
- Assist to communicate project deliverables to ensure all stakeholders are kept informed on progress and issues/resolutions.
- Conduct training / workshop in project and process solution implementations, if required
- Provide automation knowledge and support in troubleshooting to resolve issues.
- Act as a backup for Expert as and when required.
- Backup and assist to perform Business Reporting tasks of delivery team when required.
- Perform other duties as and when delegated, including job rotation to other functional teams.
Compliance:
- Participate in any compliance audits and respond to audit queries, if requested
- Supporting role to ensure all work documentation and work processes are updated and meet with Internal Control Framework on timely basis.
- Ensure compliance to BASF policies & guidelines, Business Reporting Compliance requirements, local company legal and statutory requirements in the developed automation solutions.
Others:
- Contribute and support the Senior Manager and Managers in the implementation of project initiatives e.g., Continuous Improvements, Internal Control, Six Sigma and Scorecard.
- Support Business Reporting delivery teams through sharing of automation knowledge and experience and best practices
- Such other tasks as BSSCKL management and changing business environment may require to be performed.
- Support team strategic plan and objectives
Service Management:
- Support the Business Reporting delivery teams to deliver services within defined service levels.
- Ensure customer queries are attended to and resolved in a timely, responsible, and proactive manner.
Quality and Continuous Improvement:
- Develop identified / approved measure with available or most appropriate automation tools (RPA / ION / VBA / VBS)
- Identify best practices or automation solutions within and outside of Business Reporting team.
- Support Global Functions and Regional initiatives.
- Assist and support standardization across regions and globally by focusing on alignment of end-to-end business process areas, system and tools.
- Assist in improving productivity of Business Reporting by conducting relevant benchmarking exercise and monitoring through Key Performance indexes.
Planning and Controlling:
- Support to manage costs within project budget expenditure guidelines.
- Assist to plan and monitor project resources / man days.
Project Management:
- Support business requirement / variation from global / regional process, preparation of business case and escalation to relevant global/regional functional units.
- Support regional and BSSCKL Change Management.
- Support in defining functional specification for project implementation.
- Assist to provide guidance as well as proactive consulting for optimization of process.
Knowledge Management:
- Assist to ensure effective knowledge transfer as for sustainable development of knowledge within the team
- Assist to provide operational and strategic support in designing, implementation and continuous improvement of Business Reporting internal functional training to maximise learning process based on current and future business needs.
- Ensure develop solutions being documented and published accordingly in intranet.
- Ensure all newly learn techniques and tools about technology being documented in intranet.
- Work with the relevant stakeholders to understand service delivery information and technical knowledge and keep up to date on changes that may impact the training content and training delivery.
- Establish a knowledge database of work problems encountered and steps for resolution to facilitate continuous learning, development, and cross sharing of knowledge throughout General Accounting & Reporting team.
- Provide coaching to new and existing team members through proper knowledge transfer; and sharing of best practice about technology thereby ensuring quality is maintained through any staff transition.
Global / Regional Application Coordination:
- To drive and support communication with Global / Regional Application Owner
- Assist to establish training needs, organize, and conduct trainings on global / regional applications.
- Assist in designing first level support and train users accordingly.
- Data quality monitoring and improvement via technology enhancement
Professional guidance / multiple reporting lines:
- Provide guidance and support to the designated Business Reporting team in terms of automation and technology.
- Assist managers in providing feedback and reinforcement to team members regarding development needs and opportunities, and secure resources to support development efforts.
- Establishes good interpersonal relationships by helping team members feel valued, appreciated, and aware of business performance issues.
- Follow BASF Group guidelines; accounting and reporting guidelines.
- Understand and follow local regulation and statutory requirements.
- Assume Expert’s role in the absence of Expert.
Frequent cooperation within BASF Group:
- Counterparts and/or relevant stakeholders in BASF companies, internal auditors and the other BSSCKL functional teams
- Managers, Senior Managers, Analysts, and peer team members
- Service Centre management team
- Global/Regional Finance Reporting functional units.
- Global Finance Transformation team / Project Management team
Frequent cooperation outside BASF Group:
- Work closely with external consultants, auditors etc.
Degree of Supervision Required in the job: Works with minimal supervision
Minimum Education and Qualification Required for the Position
Education:
- University degree in finance and accounting or business studies; and/or Chartered or Certified Professional Accountant or equivalent
Work Experience
- Minimum 5 years’ experiences in Business Reporting or other accounting/technology function including 2 years specialized in or have competent knowledge in Book to Report process/Finance technology processes development.
- Competent candidates with lesser years of experience are considerable.
- Experience working in SAP system or other major ERP system’s work environment.
- Preferably internal delivery experience in BASF companies
- Preferably experience in project management
- Experience in a shared service or business process outsourcing engagement will be an added advantage.
Technical & Professional Knowledge:
- Knowledge and understanding of Product costing and Inventory valuation is important. Other accounting functions exposure in business reporting or finance / controlling area is added advantage.
- Knowledge and experience of MS office tools, new technology such as Artificial Intelligence, Machine Learning, Robotics Process Automation, etc. will be added advantage.
- Proficiency in English and other language required with good communication skill
BASF Asia-Pacific Service Centre was established in 2005. Located in Kuala Lumpur, the regional service hub has approximately 1,200 employees and growing. Focused on being a competency and digitalization driven hub, it also provides quality functional and know-how services in the areas of finance, controlling, human resources, real estate and facilities management, communications, environmental, health and safety, procurement, import-export order management, and information services to BASF companies and affiliates in the Asia Pacific region. BASF also has two other regional hubs located in Berlin, Germany, and Montevideo, Uruguay that cover the Europe and Americas regions.
At BASF, we create chemistry for a sustainable future. 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 six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
This job is no longer accepting applications
See open jobs at BASF.See open jobs similar to "Business Reporting (Senior Specialist) Product Costing & Inventory Valuation" Imagine.