Objective of the position
According to the general guidance from the supervisor, co-ordinate the defined RBUs cross-country in order to support streamlining operation planning and performance reporting, establish and maintain the Company profiles in the assigned sub-region, support to implement cost and operational controls in the HQs and conduct major analysis on Functional costs and projects/business expansion in the sub-region in order to assist in providing reliable data to management for business decision making, enhance operational efficiency and reduce risks.
Main area of Responsibilities
Financial Reporting and Forecasting & Operational Planning:
· Accountable for monthly actual reporting and full year forecasting of P&L. Forecasting processes to be conducted as part of the integrated planning process (supply
FC, demand FC, financial FC). Accountable for developing, tracking and reporting financial scenarios to submitted forecast monthly (risks & opportunities). · Accountable for monthly business analysis of actual and forecasted financial performance against
prior forecast, prior year actuals and budget. Analysis of price, volume and FX impacts. Highlight gaps to management and derive recommendations for countermeasures. · Lead operational planning (= budget) process across all local functions in line with business
unit processes. Submit financial budget for P&L. Consolidate budget proposal incl. qualitative background information / justification. · Constantly improve controlling processes to increase efficiency and effectiveness.
Commercial and Operational Controlling: · Track profitability on product level and initiate countermeasures (e.g. price increases) · Track and support steering of expenses, i.e. selling cost, R&D cost, and manufacturing/tolling cost (if applicable) · Request for ICTPs of new products, providing relevant information relating to market price and local COGS · Support operational business steering with adequate reports, ad-hoc analyses and recommendations · Drive operational excellence projects · Support business to set up appropriate credit limit and credit term between marketing and country credit management team. · Monitor aging of receivables and support collection of overdues via development of payment plans · Support LBM/Marketing/Sales in the design of commercial schemes by providing accurate information and developing comparative models for profit analysis. Prepare the company’s comprehensive Annual Financial Report to management
Bachelor’s degree or above in Financial and Accounting or Business Management
5 years experiences in Financial and Accounting field
Proficient with Microsoft Excel and PowerPoint
Understanding of manufacturing costing, inventory, and data processing
Strong understanding of manufacturing operations desired
Capability to build/maintain excellent rapport with management staff at each facility
Accurate and detail-oriented
Ability to communicate clearly and effectively with people in financial and non-financial roles, including Executives
Good command in English and Thai communication both speaking and writing
We create chemistry for a sustainable future
In line with our corporate purpose, around 115,000 employees contribute to the success of our customers in nearly all sectors and almost every country in the world.
Our broad portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. In 2017, BASF posted sales of €64.5 billion and income from operations before special items of approximately €8.3 billion. We combine economic success with environmental protection and social responsibility. Through research and innovation, we support our customers in nearly every industry in meeting the current and future needs of society. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future.
BASF in Thailand
BASF has been doing business in Thailand for 50 years. With four production sites in the country, the company offers products and solutions for a diverse range of industries – including agriculture, automotive, chemicals, construction, paints and coatings, nutrition and health, personal care and hygiene, and plastics and rubber. Our head office in Bangkok provides sales, customer service, and technical support to all our customers in Thailand.