Intern, Treasury
- Kuala Lumpur
- Training
- Full-time
- 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
- 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
- Identify, recommend, and implement continuous improvement opportunities in quality and efficiency to support smooth implementation
- Prepare training materials 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
- Responsible for exchange rates update in SAP system on daily or whenever it is required
- Act as Area of Competency (AOC) member or topic owner for Treasury processes
- Currently pursuing Diploma or Bachelor's Degree in Accounting, Finance & Business or Professional Certification in Accounting
- Able to commit up to 6 months duration..
- Proficient in oral and written English
- Proficient in Microsoft Excel and Power Point
- 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
- Willing to work at Mercu Aspire, Bangsar (next to Abdullah Hukum LRT station)
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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 & AuditInternship120998ATS_WCMS_WEBFORM