CFO

Asiacruit; Jakarta Barat; On-site; IDR 1,000,000,000 - 1,500,000,000; Full time

Benefits offered by this job

Competitive executive compensation package

Career growth opportunities

Collaborative working environment

Job summary

Asiacruit is seeking a Chief Financial Officer (CFO) to lead financial strategy and governance for a growing multi-entity organization in Indonesia. The successful candidate will optimize profitability and manage financial operations across various locations.

Ideal candidates will have a strong finance background, with at least 10 years of experience in progressive finance leadership roles and expertise in PSAK and IFRS. This role offers an opportunity to drive key business initiatives and collaborate with senior leadership.

Qualifications

• Minimum 10 years of progressive finance leadership experience.
• At least 5 years in a senior finance leadership role like CFO.
• Strong knowledge of PSAK and IFRS.

Responsibilities

• Lead financial strategy and governance for a multi-entity organization.
• Optimize P&L performance and drive profitability initiatives.
• Oversee financial operations across multiple branches.

Skills

Financial strategy

Budgeting and forecasting

Financial reporting

Stakeholder management

Tax compliance

Risk management

Leadership

Communication

Education

Bachelor's Degree in Accounting, Finance, or related field

Master's Degree

Professional certifications (CPA, CA, CFA)

Tools

SAP Business One

Job description

At Asiacruit, we connect top talent with forward-thinking organizations across industries. Our mission is to help businesses grow through smart, strategic, and people-focused solutions. We support companies by providing high-quality talent for both local and global markets. If you are an accomplished finance leader with expertise in multi-entity operations, financial strategy, and corporate governance, we invite you to apply.

Position Overview

We are seeking a highly experienced Chief Financial Officer (CFO) to lead the overall financial strategy, governance, and performance of a growing multi-entity organization in Indonesia. The successful candidate will play a critical role in driving profitability, optimizing financial operations, strengthening internal controls, and supporting executive decision-making. This position requires a strategic finance leader with extensive experience in financial planning, reporting, treasury management, taxation, and stakeholder management across complex business structures.

Financial Strategy & Leadership

• Develop and execute short-term and long-term financial strategies aligned with corporate objectives.
• Serve as strategic advisor to the CEO and Board of Directors on financial performance, investments, risk management, and business expansion opportunities.
• Drive profitability initiatives and optimize overall P&L performance across the organization.
• Provide financial insights and recommendations to support strategic business decisions.

Multi-Entity Financial Management

• Oversee financial operations across multiple branches, business units, and subsidiaries.
• Consolidate financial reports accurately and ensure timely reporting across all entities.
• Ensure consistent application of PSAK, IFRS, and corporate accounting policies.
• Manage treasury, cash flow, working capital, and capital structure to maintain strong financial health and liquidity.

Budgeting, Forecasting & FP&A

• Lead the annual budgeting and business planning process across all entities.
• Develop rolling forecasts and long-term financial projections.
• Monitor financial performance against budget and strategic objectives.
• Conduct financial modelling, scenario analysis, and business performance evaluations to support growth initiatives.

Internal Controls & Risk Management

• Establish and strengthen financial governance frameworks and internal control systems.
• Identify, assess, and mitigate financial, operational, and compliance risks.
• Ensure adherence to taxation regulations, legal requirements, and internal policies.
• Promote best practices in corporate governance and risk management.

ERP & Financial Systems Management

• Oversee the utilization and optimization of SAP Business One (SAP B1) across all finance functions.
• Drive continuous improvement initiatives within financial systems and reporting processes.
• Ensure data accuracy, reporting integrity, and operational efficiency across multiple entities.

Financial Reporting & Compliance

• Ensure timely preparation of monthly, quarterly, and annual financial reports.
• Present financial performance reports, business insights, and strategic recommendations to senior leadership and the Board.
• Lead external audits and coordinate with auditors, regulators, and tax authorities.
• Ensure compliance with PSAK, IFRS, corporate governance standards, and statutory reporting requirements.

Stakeholder & Banking Relations

• Build and maintain strong relationships with banks, investors, financial institutions, and external stakeholders.
• Lead negotiations related to financing facilities, credit lines, fundraising activities, and investment arrangements.
• Support mergers, acquisitions, restructuring activities, and strategic financial transactions as required.

Qualifications

Education

• Bachelor's Degree in Accounting, Finance, or a related field from a reputable university.
• Master's Degree is an advantage.
• Professional certifications such as CPA, CA, CFA, or equivalent are highly desirable.

Experience

• Minimum 10 years of progressive finance leadership experience.
• At least 5 years in a senior finance leadership role such as Finance Head, Finance Manager, Finance Director, or CFO.
• Minimum 3–5 years in a Chief Financial Officer or similar executive position.
• Experience within FMCG, distribution, retail, or multi-branch/multi-entity organizations is highly preferred.
• Proven experience consolidating financial reports across multiple subsidiaries, branches, or business units.

Technical Expertise

• Strong knowledge of Indonesian Financial Accounting Standards (PSAK) and IFRS.
• Deep understanding of Indonesian corporate taxation and regulatory compliance.
• Advanced expertise in Financial Planning & Analysis (FP&A), Financial Modelling, Budgeting & Forecasting, Treasury Management, Financial Reporting, and Risk Management.
• Hands‑on experience with SAP Business One as a primary ERP platform.
• Experience in mergers & acquisitions, corporate restructuring, or deal structuring is an advantage.

Leadership & Communication

• Proven ability to lead and develop large, geographically dispersed finance teams.
• Strong business partnering and stakeholder management capabilities.
• Excellent presentation and communication skills with the ability to engage Board members, investors, and executive leadership teams.
• Strong analytical thinking, strategic planning, and decision-making abilities.

Preferred Requirements

• Chinese national or Chinese professional currently residing in Indonesia.
• Strong English communication skills, both written and verbal.
• Experience working in multicultural and fast-paced business environments.

Why Join

• Opportunity to serve as a key member of the executive leadership team.
• Lead the financial strategy of a growing multi-entity organization.
• Drive business transformation, profitability, and long-term growth initiatives.
• Work closely with senior leadership, investors, and Board-level stakeholders.
• Competitive executive compensation package and career growth opportunities.
• Dynamic and collaborative working environment with significant strategic impact.