Treasury - Subsidiary Finance (Manager I)

LOCATION

COMPANY

JOB FIELD

JOB TYPE

JOB ID

LOCATION

COMPANY

JOB FIELD

JOB TYPE

JOB ID

Do you want to work with passionate teams, providing excellent business and digital services to the Asia Pacific region?

Do you want an open, supportive, and caring working environment?

Do you view your development needs seriously as we do?

If YES, then take your career to the #NextLevel with BASF !

Objectives of the Position

• Ensure and elaborate on compliance within the corporate finance guidelines in all local companies

• Optimize financing structures to ensure optimal ROI on projects

• Careful selection and determination of the source of capital – determining the debt equity ratio and designing a proper capital structure for the companies

• Establish and affirm dividend policies through Asia Pacific for both majority and minority owned BASF companies

• Enhance economic returns on credit facilities agreed with banks for all local companies

• Put and emphasize on structural project administration from a financial prospective

• Develop efficient and appropriate check list for project requirements such as country regulations on new company set up

Main Tasks

• Responsible for Project financing in Asia Pacific – design and build optimal structure for project financing

• Involve in expertise paper evaluation with the basis of understanding the new business/project requirements, country regulation as well as BASF’s internal guidelines

• Build check list template for new projects to ensure smooth implementation in setting up of new companies as such Local regulatory requirements. Documentation requirement, equity ratio and tax benefit, etc.

• Develop Subsidiary financing format, check list and work flow

• Ensure well coordination with CFT and local companies on dividend declaration

• Develop and design good Global Treasury reporting structure to ensure transparency on cash and risk positions of local companies in Asia Pacific

• Responsible for coordination with treasury platform on requirements, CFT on allocation and banks on disbursement of Credit facilities

• Maintain Banking Relationship and ensure proper reporting on the CFT website on bank visits to ensure clear and open discussions are documented

• Negotiate Transactional Pricing with banks to minimize transactional cost and optimize operational efficiency

• Responsible for Bank account management base on Global bank account guideline. Ensure and enhance bank account streamlining in Asia Pacific

Requirements

Education

• Professional qualification in Finance (eg ACCA, CPA, etc.) or Bachelor’s degree in finance / Accounting

Working Experience

• Working Experience: Minimum 4 years in Finance and/or Controlling Function

Technical & Professional Knowledge

• Must have good knowledge on local countries regulation

• Work with high self-motivation, high reliability and responsibility, dedicated for outstanding performance and passionate to drive team performance and innovation

• Excellent interpersonal skills, very strong leadership skills, collaboration and communication skill, high integrity

• IT Skill: Microsoft Office 365 (Excel, PowerPoint, Outlook), SAP and Business Warehouse, Data Analytic tools (PowerPivot, PBI, Tableau), interest in digitalization trend

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 (https://www.basf.com/global/en.html) .

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A unique total offer: you@BASF

At BASF you get more than just compensation. Our total offer includes a wide range of elements you need to be your best in every stage of your life. That’s what we call you@BASF. Click here to learn more.

Auniquetotal offer: you@BASF

At BASF you get more than just compensation. Our total offer includes a wide range of elements you need to be your best in every stage of your life. That’s what we call you@BASF. Click here to learn more.

Working at BASF: We connect to create chemistry

We are proud of strong history of innovation, which has helped make us who we are today – the world's leading chemical company. Every day, our global team of over 117,000 individuals work together to turn visions for sustainable solutions into reality by connecting with one another and sharing our knowledge.

The right people are crucial for our sustainable success. We aim to form the best team by bringing together people with unique backgrounds, experiences and points of view. Our differences make us stronger and more vibrant. And an open, creative and supportive work environment inspires us to achieve exceptional results.

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For BASF, diversity is one of the essential keys to business success and the well-being of our employees. We promote an inclusive culture that accepts the diversity of people, experiences and capabilities. By embracing talents and abilities of all kinds, we aim to boost creativity and motivation, and enhance our teams’ performance.

Join the team and connect with more than 117,000 other minds.

Kuala Lumpur, 14, MY

BASF Asia-Pacific Service Centre Sdn. Bhd.

Finance, Controlling & Audit

Permanent

97716

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