BASF Senior Accounting Analyst, Asset Management/AROs/Real Estate/Leases in Florham Park, New Jersey
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, age, citizenship, color, religion, sex, marital status, national origin, disability status, gender identity or expression, protected veteran status, or any other characteristic protected by law.
At BASF, we create chemistry through the power of connected minds. By balancing economic success with environmental protection and social responsibility, we are building a more sustainable future through chemistry. As the world’s leading chemical company, we help our customers in nearly every industry meet the current and future needs of society through science and innovation.
We provide a challenging and rewarding work environment with a strong emphasis on process safety, as well as the safety of our employees and the communities we operate in, and are always working to form the best team, especially from within, through an emphasis on lifelong learning and development.
And we are constantly striving to become an even better place to work. BASF has been recognized by Forbes Magazine as one of America’s Best Employers in 2017. Come join us on our journey to create solutions for a sustainable future!
Where the Chemistry Happens…
We are seeking a Senior Accounting Analyst to function out of our Florham Park, NJ location.
Senior Accounting Analyst, Asset Management/AROs/Real Estate/Leases (1801297) – Florham Park, NJ
Formula for Success: You Will…
Support the Accounting and Reporting Manager-Property Accounting with the region’s tangible assets, asset retirement obligations (AROs), as well as Real Estate and lease accounting reporting.
Assist in the development of any required accounting compliance documentation and/or tests for the aforementioned areas.
Analyze the region’s construction in progress (CIP) portfolio, including significant capital projects, with a focus on the U.S. entities to ensure the underlying activity is appropriately reported (capital vs. expense, as well as effective depreciation start dates). Review and analyze the region’s construction in progress (CIP) portfolio for inactive and potential projects for cancellation for risk reporting.
Coordinate with the applicable engineering capital project experts, regional tax experts, the BSA, and the regional finance support to ensure alignment between local tax positions and IFRS accounting positions.
Analyze contractual information to develop relevant lease and asset retirement obligations, as well as provide related accounting guidance to the region’s functional and business teams.
Support the BSA with the development of annual tangible and intangible accounting footnotes, as well as lease-related footnotes.
Prepare accounting positions/responses for tangible and intangible assets, as well as lease activity for the engineering, real estate, and tax groups.
Analyze capital vs. expense accounting positions for the region’s significant proposed capital projects.
Address ad-hoc requests from the engineering, real estate, and/or tax groups, and the development of the accounting impacts for the specific proposed transactions.
Develop information required to support and address the annual audit process or requests from the BASF Group finance team (FFR), as well as the annual Financial Reporting Control Process.
Interact with the Finance Process and Business support areas, the BSA, the regional engineering, insurance, real estate and tax groups, regional manufacturing sites, and business units to ensure appropriate alignment with the role’s underlying responsibilities.
Create Your Own Chemistry: What We Offer You…
Adding value to our customers begins with adding value to you. You@BASF is the suite of benefits, perks, programs and unique opportunities we offer to support you—the whole you—in all stages of your life and career. With you@BASF, you create your own chemistry.
The total rewards that you receive as a BASF employee go way beyond a paycheck. From competitive health and insurance plans, to robust retirement benefits that include company-matching contributions, to making sure you never stop learning, we believe investing in you is investing in our success. Working for a large, global organization, you’ll have a chance to grow professionally and personally, expand your network and build a rewarding and dynamic career.
Ingredients for Success: What We Look for in You…
Bachelor’s degree in Accounting or Finance required; advanced degree is a plus.
A CPA or CMA is preferable.
A minimum of 4-5 years of progressive experience in accounting or finance functions.
Experience with tangible and intangible assets or lease accounting concepts preferred.
Demonstrated working knowledge of accounting theory (IFRS/GAAP).
Strong technical skills in EXCEL are required; SAP knowledge preferred.
Demonstrated ability to communicate verbally and in writing; interact and influence effectively with peers and relevant stakeholders.
Experience effectively working with teams and influencing others.
Ability to make recommendations on accounting treatment and draft accounting memorandum.
Demonstrated ability to interpret information to identify problems and solutions, handle ambiguity and change, as well as explore cause and effect relationships between aspects of issues and proposed solutions.
Excellent organizational, analytical, and problem-solving skills.
Builds strong stakeholder relationships and ensures all appropriate requests are met.
Job: TAFI - Tax & Finance
Organization: N-FFN Finance North America
Title: Senior Accounting Analyst, Asset Management/AROs/Real Estate/Leases
Location: NJ-Florham Park
Requisition ID: 1801297