Responsible to provide Treasury Back Office transaction processing support to deliver Treasury Back Office services
Responsible 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 activities
Ensure 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 accurately
Process automatic and manual bank statement posting
Reconcile bank statements and provide unclear bank line items details to responsible parties on monthly basis
Perform bank accounts clearing, monitor bank trade accounts in SAP tallied with bank statement
Process deal (e.g. depositing, funding, derivatives trading) posting timely and accurately
Check and verify the trade confirmation in liaison with related parties e.g. Bank, Treasury Front Office, finance function of local company, intercompany & etc
Process deal settlement (e.g. depositing, funding, derivatives trading) on electronic / paper base accurately on timely basis
Check the validity of mark to market valuation report of derivatives trades during month end to perform MTM valuation posting
Process accrued interest income and expenses as well as loan commitment fees on monthly basis
Process actual interest income and expenses as well as loan commitment fees
Process bank service charges
Update local bank published exchange rates in SAP system on daily or whenever it is required
Process group netting settlement
Prepare daily cash management report and FX exposure report accurately on timely basis
Prepare other Treasury reports in accordance with the local company management and BASF requirements
Process 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 implementation
Prepare training materials and conduct end user trainings when required
Support 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 communication
Any 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 required
Key user for Treasury Digitalization & automation. Eg; Auto bank rule setting, Macro & Power Automate
Act as Area of Competency (AOC) member or topic owner for Treasury processes
Support 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 disciplines
Diploma with minimum 1-2 years working experience in related fields
External experience in a shared service or business process outsourcing engagement will be an added advantage
Good interpersonal skills to communicate to service recipients
Good time management, good organization skills and multi-tasking skills
Ability 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 Point
Knowledge of SAP Systems will be an added advantage
Proficiency in English and other languages required
Knowledge in programing or scripting are an added advantage but not mandatory
