Treasury (Associate Analyst)

ACCA Careers; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading financial service provider in Kuala Lumpur is looking for a Treasury Associate to support back-office transaction processing and ensure compliance with BASF policies. The ideal candidate will hold a Bachelor’s Degree in Finance/Accounting and possess strong interpersonal and organizational skills. The role involves a variety of duties including deal processing and reporting, with opportunities for continuous improvement and professional development.

Qualifications

• Fresh graduate with Bachelor's Degree in Finance/Accounting or related disciplines.
• Diploma with minimum 1-2 years working experience in related fields.
• Good proficiency in English and other languages required.

Responsibilities

• Provide Treasury Back Office transaction processing support.
• Ensure timely and accurate deal confirmation and posting.
• Prepare daily cash management report and FX exposure report.

Skills

Interpersonal skills

Time management

Organization skills

Multi-tasking skills

Education

Bachelor’s Degree in Finance/Accounting

Diploma in related disciplines

Tools

MS Office Applications

SAP Systems

Job description

Objectives of the Position

Responsible to provide Treasury Back Office transaction processing support to deliver Treasury Back Office services. Responsible in providing timely and accurate information on companies’ 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

The BASF Service Hub Kuala Lumpur (BASF Asia-Pacific Service Centre Sdn Bhd) is strategically located in the capital city of Malaysia. For further information and to apply, please visit our website via the “Apply” button below. Candidates must be resident in Malaysia, or have the right to work in Malaysia.