Director - Finance, Banyan Tree Escape Balak

Banyan Group; Tanjung Raja; On-site; IDR 2,000,000,000 - 3,600,000,000; Full time

Job summary

Banyan Group invites a seasoned Director - Finance to lead the pre-opening and early operations of Banyan Tree Escape Balak. You will establish the financial foundation, build robust controls, and partner with owners and management to drive profitability.

The role requires Indonesian tax and accounting expertise, luxury hospitality experience, and the ability to supervise a finance team across multiple sites in Indonesia. English and Bahasa Indonesia fluency is essential.

Qualifications

• Bachelor's degree or higher in Accounting, Finance, or related fields.
• 8–10 years of progressive finance experience, with at least 3 years in a senior finance leadership role within luxury hotels or resorts.
• Proven pre-opening experience is strongly preferred, ideally in a luxury resort setting.
• Strong knowledge of Indonesian taxation, accounting standards, and statutory reporting requirements.
• Proficiency in hotel financial systems (e.g., Opera, Micros, SAP) and advanced Excel skills.
• Fluency in English and Bahasa Indonesia.

Responsibilities

• Lead all Finance functions, including accounting, purchasing, receiving, income audit, cost control, and credit management.
• Develop the pre-opening Finance master plan, including organization structure, manning guides, recruitment timeline, and training schedule.
• Prepare and manage the pre-opening budget, cash flow forecasts, and annual operating budgets in coordination with department heads.
• Set up financial systems and infrastructure, including the chart of accounts, PMS/POS and accounting system integration, banking arrangements, and payment processes.
• Establish accounting policies, internal controls, and standard operating procedures in line with company requirements and local regulations.
• Establish purchasing and procurement procedures, supplier relationships, and operating equipment and inventory controls ahead of opening.
• Ensure timely and accurate monthly financial reporting, including management accounts, variance analysis, and forecasts.
• Ensure full compliance with Indonesian taxation, accounting standards, and statutory requirements, including corporate tax, VAT, withholding tax, and local regional taxes.
• Manage relationships with external auditors, tax consultants, banks, and government authorities.
• Monitor revenue, costs, and profitability, providing insights and recommendations to improve financial performance.
• Oversee cash management, credit control, and working capital to safeguard company assets.
• Support the management team and owners with financial analysis, investment appraisal, and business planning.
• Ensure effective internal audit processes, risk management, and fraud prevention measures.
• Lead, train, and develop the Finance team, building strong local talent and succession plans.
• Provide regular Finance updates and reports to Regional Finance / Corporate, owners, and senior management.

Skills

Leadership

Budgeting

Taxation knowledge

Hotel systems

Excel skills

English fluency

Bahasa Indonesia

Stakeholder mgmt

Education

Bachelor's in Finance/Accounting

CPA/ACCA/CMA

Tools

Opera

MICROS

SAP

Job description

Banyan Group is an independent, global hospitality company with purpose. We pride itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans 100 hotels and resorts, more than 140 spas and galleries, and 20 plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Academy. We are committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.

Founded in 1994 on the core concept of sustainability, Banyan Tree Holdings seeks to create long-term value for all stakeholders and destinations across its network of properties, products and brands, through a purpose-driven mission.

With over 13,000 associates across 23 countries, the Group established the Banyan Academy in 2008 to support its goals by advancing people development, management excellence, and fostering learning with integrity and meaning.

Banyan Group has received over 3,000 industry awards and accolades since its inception. It has also received recognition for its commitment to environmental protection and community development through its non-profit arm, the Banyan Global Foundation, which aligns the Group’s efforts with the United Nations Sustainable Development Goals (UN SDGs).

Position Summary

Banyan Tree Escape Balak is seeking an experienced and strategic Director - Finance to lead the Finance function through the pre-opening phase and into full operations. Reporting to the General Manager, you will establish the financial foundation of the resort, set up robust systems and controls, and act as a trusted business partner to the management team and owners.

The successful candidate will be a commercially minded finance leader with strong knowledge of Indonesian accounting, taxation, and statutory requirements, and a solid background in luxury hospitality. This role will drive financial excellence by ensuring accurate reporting, strong internal controls, and sound decision-making that supports the resort’s profitability and long-term success.

Candidates with proven experience in luxury hospitality or resort pre-openings in Bali or elsewhere in Indonesia are highly preferred.

Responsibilities

• Lead and manage all Finance functions, including accounting, purchasing, receiving, income audit, cost control, and credit management.
• Develop the pre-opening Finance master plan, including organization structure, manning guides, recruitment timeline, and training schedule.
• Prepare and manage the pre-opening budget, cash flow forecasts, and annual operating budgets in coordination with department heads.
• Set up financial systems and infrastructure, including the chart of accounts, PMS/POS and accounting system integration, banking arrangements, and payment processes.
• Establish accounting policies, internal controls, and standard operating procedures in line with company requirements and local regulations.
• Establish purchasing and procurement procedures, supplier relationships, and operating equipment and inventory controls ahead of opening.
• Ensure timely and accurate monthly financial reporting, including management accounts, variance analysis, and forecasts.
• Ensure full compliance with Indonesian taxation, accounting standards, and statutory requirements, including corporate tax, VAT, withholding tax, and local regional taxes.
• Manage relationships with external auditors, tax consultants, banks, and government authorities.
• Monitor revenue, costs, and profitability, providing insights and recommendations to improve financial performance.
• Oversee cash management, credit control, and working capital to safeguard company assets.
• Support the management team and owners with financial analysis, investment appraisal, and business planning.
• Ensure effective internal audit processes, risk management, and fraud prevention measures.
• Lead, train, and develop the Finance team, building strong local talent and succession plans.
• Provide regular Finance updates and reports to Regional Finance / Corporate, owners, and senior management.

Qualifications

• Bachelor's degree or higher in Accounting, Finance, or related fields. Professional qualification (CPA, ACCA, CMA, or equivalent) is preferred.
• Minimum 8-10 years of progressive finance experience, with at least 3 years in a senior finance leadership role within luxury hotels or resorts.
• Proven pre-opening experience is strongly preferred, ideally in a luxury resort setting.
• Strong experience in the Bali or Indonesian hospitality market is highly preferred.
• Excellent knowledge of Indonesian taxation, accounting standards, and statutory reporting requirements.
• Proficiency in hotel financial systems (e.g., Opera, Micros, SAP, or similar) and advanced Excel skills.
• Strong analytical, commercial, and strategic thinking skills with a business-oriented mindset.
• Strong leadership, communication, and interpersonal skills with the ability to influence stakeholders at all levels.
• High level of integrity, with a proactive and hands-on approach.
• Fluency in English and Bahasa Indonesia.
• Ability to work effectively in a multicultural environment.

We regret that only shortlisted candidates will be notified.