Objectives of the Position

Responsible to provide Treasury Back Office transaction processing support to deliver Treasury Back Office servicesResponsible in providing timely and accurate information on companies’ information on liquidity status and forecast, debt and foreign currency exposure for decision making at treasury Front Office for depositing, loan draw down and hedging activitiesEnsure timely and accurate deal confirmation and posting of treasury related transactions including fund transfer, accrual and actual interest, commissions, bank charges, month to month value posting

 

Main Areas of Responsibilities and Key Activities

Functional Tasks (including but not limited to):

Ensure all treasury related transactions are processed in system as per SLA timely and accuratelyProcess automatic and manual bank statement postingReconcile bank statements and provide unclear bank line items details to responsible parties on monthly basisPerform bank accounts clearing, monitor bank trade accounts in SAP tallied with bank statementProcess deal (e.g. depositing, funding, derivatives trading) posting timely and accuratelyCheck and verify the trade confirmation in liaison with related parties e.g. Bank, Treasury Front Office, finance function of local company, intercompany & etcProcess deal settlement (e.g. depositing, funding, derivatives trading) on electronic / paper base accurately on timely basisCheck the validity of mark to market valuation report of derivatives trades during month end to perform MTM valuation postingProcess accrued interest income and expenses as well as loan commitment fees on monthly basisProcess actual interest income and expenses as well as loan commitment feesProcess bank service chargesUpdate local bank published exchange rates in SAP system on daily or whenever it is requiredProcess group netting settlementPrepare daily cash management report and FX exposure report accurately on timely basisPrepare other Treasury reports in accordance with the local company management and BASF requirementsProcess treasury related month end closing accurately and timely

Compliance:

Participate in any compliance audits and respond to audit queries (for both internal and external)Ensure all work documentation and work processes are updated and met with BASF policies & guideline, local company’s policy, legal and statutory requirements

Quality and Continuous Improvement:

Identify, recommend, and implement continuous improvement opportunities in quality and efficiency to support smooth implementationPrepare training materials and conduct end user trainings when requiredSupport new and existing team members through proper knowledge transfer; and sharing of best practice thereby ensuring quality is maintained through any staff transition

Others:

Support Business Continuity Plan (BCP) through resource planning, backup, and communicationAny other tasks due to Service Hub KL management strategy and/ or changing business environment may require to be performed

Additionally, for Associate Analyst:

Responsible for exchange rates update in SAP system on daily or whenever it is requiredKey user for Treasury Digitalization & automation. Eg; Auto bank rule setting, Macro & Power AutomateAct as Area of Competency (AOC) member or topic owner for Treasury processesSupport Internal, Regional and Global projects as and when required

 

Job Requirements:

Education

Bachelor’s Degree or Diploma in Finance/ Accounting or related disciplines or Professional qualification in Finance (e.g., ACCA, CPA, etc.)

Working Experience & Skills

Fresh graduate with Bachelor’s Degree in Finance/ Accounting or related disciplinesDiploma with minimum 1-2 years working experience in related fieldsExternal experience in a shared service or business process outsourcing engagement will be an added advantageGood interpersonal skills to communicate to service recipientsGood time management, good organization skills and multi-tasking skillsAbility to work independently with minimal supervision, and to excel under pressure for meeting any tight deadlines

 

Technical & Professional Knowledge

Knowledge of MS Office Applications, especially MS Word, Excel and Power PointKnowledge of SAP Systems will be an added advantageProficiency in English and other languages requiredKnowledge in programing or scripting are an added advantage but not mandatory