Treasury Subsidiary Financing (Manager)

BASF

  • Kuala Lumpur
  • Permanent
  • Full-time
  • 1 month ago
We are a leading chemical company, with the best teams developing intelligent solutions for our customers, and for a sustainable future.We connect and develop people with diverse talents all over the world. For you, this means a variety of ways to progress.Not only your performance but also your personality matter to us, regardless of gender, age, ethnicity, orientation, and background. At BASF, careers develop from opportunities.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
  • Emphasize structural project administration from a financial perspective
  • 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 a check list template for new projects to ensure smooth implementation in setting up new companies as such Local regulatory requirements. Documentation requirement, equity ratio and tax benefit, etc.
  • Develop Subsidiary financing format, check list and workflow
  • Ensure well coordination with Corporate Finance (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, Corporate Finance on allocation and banks on disbursement of Credit facilities
  • Maintain Banking Relationship, clear and open discussions are documented
  • Negotiate Transactional Pricing with banks to minimize transactional cost and optimize operational efficiency
  • Responsible for Bank account management based on Global bank account guidelines. Ensure and enhance bank account streamlining in Asia Pacific region
  • To identify, evaluate and drive the implementation of continuous improvement initiatives, digitalization, internal control requirements and any other project roll outs
  • To perform other duties as and when delegated
RequirementsEducation
  • Professional qualification in Finance (eg ACCA, CPA, etc.) or Bachelor's degree in Finance /accounting
Working Experience
  • Minimum 4 years in Corporate Finance and/or Treasury Function
  • Experience in banking Industry will be an advantage
Technical & Professional Knowledge
  • Must have good knowledge of local countries regulations
  • Technical & Professional Knowledge
  • 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 skills, high integrity
  • IT Skill: Microsoft Office 365 (Excel, PowerPoint, Outlook), SAP and Business Warehouse, Data Analytic tools (PowerPivot, PBI, Tableau), interest in digitalization trends
The BASF Service Hub Kuala Lumpur (BASF Asia-Pacific Service Centre Sdn Bhd) is strategically located in the capital city of Malaysia. Since its inception in 2005, the hub has expanded from 130 employees to over 1,300 employees currently and is expected to keep growing. As an ISO 9001:2005 certified organization, the Service Hub Kuala Lumpur is committed to delivering high quality expertise and services in finance, people, supply chain, EHSQ (environment, health, safety, quality), product safety and digital.We take pride in providing our business services to BASF companies and affiliates across 20 markets in the Asia Pacific region and beyond. Moreover, we offer our services in 8 different languages to cater to the diverse needs of our stakeholders. Our focus on competency and technology-driven solutions allows us to consistently deliver exceptional services, thereby contributing to the success of our businesses. BASF also has two other regional hubs located in Berlin, Germany, and Montevideo, Uruguay, which cover the European and American regions.BASF Service Hub Kuala Lumpur was recognized with nine prestigious awards in 2024, reflecting its commitment to creating a vibrant, inclusive, and empowering workplace. These awards include winning the title of Operational Excellence in HR at the GBS Asia Awards 2024, multiple accolades at the Life at Work Awards 2024, where the hub was recognized as First Runner-up for Workplace Excellence (International Organization) and CEO Champion (International Organization), as well as Second Runner-up for Best International Organization. The hub also won the title for Excellence in Learning Tech Advancement System and a Certificate of Excellence in Talent Management and Leadership at the HRD Awards 2024. Furthermore, the hub secured a Bronze Award for Excellence in Digital Transformation at the HR Excellence Awards 2024 and received a Bronze Award for Human Resources Impact and an Honorary Award for Creative Talent Management Impact at the SSON Impact Awards Asia 2024.At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers' green transformation. 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, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at .Stay alert for possible recruitment fraud!
This can include fake websites, fake job offers, or contact from a person falsely claiming to represent BASF.
Remember, neither BASF nor our representatives will ever request money from a job candidate.
If you suspect recruitment fraud and BASF is mentioned, first get in touch with at BASF.A unique total offer: you@BASFAt 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.A unique total offer: you@BASFAt 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 chemistryWe 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 120,000 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.About BASFFind out what BASF has to offer as an employer and why you should join our team.Your applicationHere you find anything you need to know about your application and the application process.Contact usYou have questions about your application or on how to apply in Europe? The BASF Talent Acquisition Europe team is glad to assist you.Please note that we do not return paper applications including folders. Please submit copies only and no original documents.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, MYBASF Asia-Pacific Service Centre Sdn. Bhd.Finance, Controlling & AuditPermanent125234ATS_WCMS_WEBFORM

BASF

Similar Jobs

  • Treasury Manager (Project Financing)

    • Kuala Lumpur
    Treasury Manager (Project Financing) Job Opening for a Market Leader in the Chemical Manufacturing Industry Your new company A world market leader in the chemical manufacturing ind…
    • 25 days ago
  • Treasury Manager (FMCG)(KL)

    Michael Page

    • Kuala Lumpur
    • RM 108,000-144,000 per year
    The Treasury Manager oversees both the strategic and day-to-day operations of the company's treasury activities, focusing on efficient cash flow management, risk mitigation, financ…
    • 1 month ago
    • Apply easily
  • Senior Treasury Manager (KL)

    Michael Page

    • Kuala Lumpur
    • RM 192,000-216,000 per year
    This job requires you to be in charge of Treasury while assisting the Head of Tax & Treasury in daily treasury matters. You will in be in charge of 1. Cash Management & Liquidi…
    • 2 months ago
    • Apply easily