Global Customs Duty Optimization (Senior Executive)

Objectives of the Position

The purpose of this role is to support customs duty optimization activities across international operations while ensuring compliance with applicable customs regulations. The position is responsible for analyzing customs duty cost developments, monitoring customs duty savings programs, preparing reports and dashboards, and supporting the implementation of customs duty optimization initiatives.

The role collaborates with Customs, Finance, Supply Chain, Procurement, and Business stakeholders to identify savings opportunities, assess financial impacts, and support the realization of customs duty benefits through effective monitoring and reporting.

M ain Areas of Responsibilities and Key Activities

• Support cost-benefit evaluations on customs duty topics to ensure compliance and maximize operational efficiency.
• Analyze customs duty data and prepare trend analyses to identify opportunities for cost optimization and assess potential financial impacts arising from changes in customs legislation.
• Support Expert in collaboration with Finance, Supply Chain, Procurement, and Business Units in customs duty optimization initiatives.
• Monitor duty exemption, deferment, suspension, and other customs savings programs, including associated financial impacts and realized benefits.
• Perform analyses related to tariff classification and other customs-related matters to support customs duty optimization activities.
• Prepare customs duty cost development reports, dashboards, and management updates, including findings and recommendations.
• Monitor duty drawback, refunds, incentives, recovery programs, aging items, and support the tracking of financial exposure, penalties, and fines.
• Monitor and maintain Key Performance Indicators (KPIs) related to customs duty optimization, customs cost developments, and savings realization across the regions.
• Support process improvements, reporting enhancements, automation initiatives, and data quality activities related to customs duty optimization.
• Assist expert with regional stakeholders to collect, validate, and consolidate customs duty-related information.
• Ability to work flexibly and collaborate with stakeholders across different time zones.

Job Requirements

• Bachelor's Degree in Finance, Accounting, Business Administration, International Trade, Supply Chain Management, or related field.
• 3-5 years of experience in Finance, Audit, Customs, Controlling or related fields.
• Knowledge of customs legislation, international import and export regulations, and customs duty optimization programs is an advantage.
• Attention to detail and proficiency in tracking, monitoring, and reporting using dashboards or analytical tools.
• Ability to analyse financial and customs-related data, identify trends or anomalies, and translate findings into actionable insights.
• Knowledge of tariff classification, customs duty regulations, customs legislation, and customs cost optimization principles.
• Continuous improvement mindset with the ability to enhance reporting processes, automation, and controls.
• Proficiency in SAP ERP, SAP GTS, Power BI, or similar reporting and analytical tools is an advantage.
• Ability to work collaboratively across departments with clear communication to business stakeholders.
• Ability to work flexibly and collaborate with stakeholders across different time zones.
• English (fluent in spoken and written communication).

BASF has been present in Malaysia since 1989, and operates a manufacturing plant in Pasir Gudang, Johor. BASF’s Regional Service Hub in Kuala Lumpur provides functional support services to BASF companies in 20 markets across Asia Pacific. BASF also provides infrastructure and utilities support services to its joint ventures BASF PETRONAS Chemicals and Toray BASF Resins at an integrated Verbund site situated in the Gebeng Industrial Zone, Pahang. BASF posted sales to customers in Malaysia of approximately €340 million in 2024 and had 2,579 employees as of the end of the year. Further information is available on www.basf.com/my