Assistant Finance & Accounting Manager

PT Formosa Bag Indonesia; Jawa Tengah; On-site; IDR 300,000,000 - 600,000,000; Full time

Benefits offered by this job

Executive compensation package

Global exposure

Job summary

PT Formosa Bag Indonesia is seeking an Accounting and Financial Manager to oversee daily operations, ensure GAAP/PSAK compliance, and drive standardization of accounting processes across the organization.

You will lead month-end/year-end closings, manage cash flow, tax compliance, and coordinate internal and external audits, reporting to the Board of Directors. Fluency in English is required, Mandarin preferred due to international stakeholders.

Qualifications

• Bachelor’s degree in Accounting or Finance with 5+ years in manufacturing finance.
• Experience with GAAP/PSAK and financial reporting to boards.
• Strong tax knowledge including VAT and corporate taxes.
• Ability to lead audits and internal controls.
• Proficiency in English; Mandarin preferred for international stakeholders.

Responsibilities

• Oversee full-cycle accounting and reporting to deadlines.
• Lead month-end and year-end closings.
• Manage cash flow, AR, AP, fixed assets and inventory.
• Coordinate external audits and maintain financial archives.
• Ensure compliance with GAAP, PSAK, and internal policies.

Skills

Financial analysis

Internal controls

GAAP & PSAK

Audit coordination

Taxation compliance

Education

Bachelor’s Degree in Accounting

CA/CPA certification advantageous

Tools

ERP systems

MS Excel

Job description

Oversee daily accounting operations and full-cycle accounting standardization and reporting. Lead month-end and year-end closing processes within corporate deadlines, and prepare accurate financial management and analysis reports for the Board of Directors. Manage cash flow, internal controls, and reconciliation processes for accounts receivable, accounts payable, fixed assets, and manufacturing inventory. Take full accountability for precise calculation, monthly declaration, and annual reporting of all company tax components including VAT/PPN, PPh 21, PPh 22, PPh 23, PPh 25, PPh 26, and PPh Article 4 paragraph 2. Act as the primary anchor for annual external financial audits and manage financial archives systematically.

Key Responsibilities

1. Full-Cycle Accounting Standardization & Reporting: Oversee daily accounting operations, audit financial vouchers, expense reports, and payment documents to ensure absolute compliance with GAAP, PSAK, and internal corporate policies. Lead month-end and year-end closing processes strictly within corporate deadlines, and prepare accurate financial management and analysis reports for the Board of Directors.

2. Cash Flow Management & Internal Controls: Oversee regular and rigorous reconciliation processes for accounts receivable (AR), accounts payable (AP), fixed assets, and manufacturing inventory (organizing periodic stocktaking). Establish and continuously improve financial internal control workflows to mitigate risks and enhance working capital efficiency.

3. Tax Kepatuhan & Bonded Zone Risk Control: Take full accountability for the precise calculation, monthly declaration, and annual reporting of all company tax components (including but not limited to VAT/PPN, PPh 21, PPh 22, PPh 23, PPh 25, PPh 26, and PPh Article 4 paragraph 2). Manage annual corporate tax returns (SPT) and coordinate tax audit defenses with a solid understanding of customs regulations under Bonded Factory conditions.

4. Audit Coordination & File Standardization: Act as the primary anchor for annual external financial audits, manage financial archives systematically, and seamlessly execute specialized financial assignments directed by top management.

Job Requirements (Qualifications)

Education & Experience:

1. Bachelor’s Degree (S1) in Accounting, Finance, or Fiscal Management from a reputable university. Minimum of 5 years of progressive experience in manufacturing Finance & Accounting, with at least 2-3 years at a Senior Supervisor or Assistant Manager level within a large-scale, export-oriented manufacturing firm.

2. Bonded Zone & Taxation Expertise: Robust and practical expertise in operational tax practices and regulations strictly within a Bonded Zone / Bonded Factory (Kawasan Berikat) ecosystem. Holding a Tax Brevet A & B certification is highly advantageous.

3. Financial Analysis & Abnormal Issue Troubleshooting: Outstanding proficiency in financial data analysis, internal operational review, and a proven ability to detect, investigate, and rectify financial anomalies or discrepancies within operational workflows.

Language Proficiency (Critical Requirement):

1. Mandarin: Professional working proficiency (fluent in spoken and written business communication) is highly preferred to facilitate direct, unhindered reporting and alignment with executives and the Board.

2. English: Working proficiency for professional correspondence, corporate reporting, and handling global ERP system modules and international auditors.

Leadership & Demeanor: Possess a firm, decisive, and highly ethical leadership style. Ability to effectively mentor an internal accounting team, maintain high discipline under tight closing schedules, and exercise uncompromising professional integrity.

What We Offer

Highly competitive executive compensation and benefits package tailored to language competencies and proven manufacturing expertise.

Key leadership role driving standard operating efficiency in a rapidly expanding multinational manufacturing firm in Jepara.

About Us

Founded in 2014, PT Formosa Bag Indonesia is a proud subsidiary of Korrun Group, one of the world’s leading manufacturers of bags and luggage based in China.

Located in Tegowanu, Grobogan – Central Java, Indonesia (about 1 hour from Ahmad Yani International Airport, Semarang), our factory produces high-quality bags for global brands such as NIKE, Kipling, Dell, Vera Bradley, Wenger, Briggs & Riley, and Crazy Creek

With over 8,000 employees and 160 production lines, our facility has a monthly capacity of 1,5 million pieces, specializing in backpacks, luggage, notebook bags, and other travel accessories.

A Member of Korrun Group

About Us

Founded in 2014, PT Formosa Bag Indonesia is a proud subsidiary of Korrun Group, one of the world’s leading manufacturers of bags and luggage based in China.

Located in Tegowanu, Grobogan – Central Java, Indonesia (about 1 hour from Ahmad Yani International Airport, Semarang), our factory produces high-quality bags for global brands such as NIKE, Kipling, Dell, Vera Bradley, Wenger, Briggs & Riley, and Crazy Creek

With over 8,000 employees and 160 production lines, our facility has a monthly capacity of 1,5 million pieces, specializing in backpacks, luggage, notebook bags, and other travel accessories.

What can I earn as an Accounting and Financial Manager