Regional Lease and Reporting Accounting Specialist (Leasing)
BASF
Kuala Lumpur, Malaysia
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Role Purpose
The Regional Lease & Reporting Accounting Specialist is responsible for managing lease accounting activities and financial reporting across Asia Pacific. The core function combines lease accounting, financial reporting, compliance, and regional oversight. In addition, the role also supports financial governance by managing budgets, tracking spend, validating invoices, and ensuring accurate financial reporting.
Key Responsibilities
- Supervise and review the lease administration activities for offices and production facilities across the APAC region. This includes working in partnership with country-specific Real Estate teams, Local Finance, and Hub Finance and Controlling, to maintain seamless lease operations and compliance.
- Oversee the monitoring of BASF’s global real estate database (REFX) in close cooperation with the Global Real Estate Contract Management (RECM) team. Ensure that all documentation and contracts relating to BASF’s APAC real estate adhere to professional standards and are accurately maintained.
- Support regional benchmarking initiatives, including the facilitation of global office benchmarking projects. Provide assistance to global benchmarking efforts to ensure consistent and effective evaluation of real estate performance.
- In collaboration with Hub Controlling, actively monitor REFM (Real Estate and Facility Management) costs throughout the APAC region. This process is essential for identifying opportunities to improve costs and optimize financial efficiency across the portfolio.
- Provide support in managing and monitoring functional costs by participating in the budgeting process for both capital expenditures (CAPEX) and operational expenditures (OPEX). This includes ensuring that budgets are accurately planned, tracked, and analysed to meet organizational objectives.
- Assist in preparing financial evaluation to calculate the estimated Net Present Value (NPV) and payback period for a new office relocation option, begin by identifying all key cash inflows and outflows associated with the move—including lease payments, renovation costs, operational expenses, and potential cost savings.
- Maintain and regularly update a comprehensive database of market rents and comparable properties. This database serves as a key resource for conducting analyses on lease transactions, enabling informed decision-making based on current market conditions.
- Coordinate and support requests for updates or periodic reports to stakeholders. This involves gathering relevant data, preparing clear and concise reports, and ensuring timely communication to keep all parties informed regarding real estate and cost management activities.
- Assist in gathering and validating the latest Full-Time Equivalent (FTE) data for each country’s Real Estate and Facility Management (REFM) operations. Ensure that this information is accurately compiled and shared with the Hub Controller, enabling effective monitoring and allocation of resources across the APAC region.
- Assist in collecting and submitting the periodical allocation key to Hub Financial Reporting team for all countries, with particular attention to China entities. Liaising with local teams to ensure accurate and timely collection of relevant data, validating the allocation key figures, and submitting them according to reporting requirements.
Qualifications & Requirements
Education
- Bachelor’s degree in Finance, Accounting, Business, or related field.
Experience
- 2-3 years’ experience in Finance, Accounting, Business Control, or FP&A.
- Experience in Facilities Management, Real Estate, Property, or Service Industry preferred.
- Familiar with vendor management, contract financials, and cost controls.
Skills & Competencies
- Strong financial analysis and reporting skills.
- Knowledge of OPEX/CAPEX models, accrual concepts, and budget management.
- Proficient in Excel, financial modelling, SAP, and reporting tools.
- Good understanding of procurement, contracts, and commercial terms.
- Analytical, detail‑oriented, and comfortable with numbers.
- Strong communication and stakeholder management abilities.
