Finance & Accounting Associate Manager

Funding Societies Pte Ltd.; Jakarta Pusat; On-site; IDR 279,000,000 - 446,400,000; Full time

Benefits offered by this job

Flexible vacations

Flexible working

Health insurance

Well-being programs

Company laptop

Job summary

Funding Societies | Modalku is seeking a Finance professional to lead the Accounting team as an Associate Manager in Jakarta. You will oversee day-to-day accounting, month-end closings, and regulatory reporting, while coordinating with FP&A, Tax, and external auditors.

You will drive process improvements, maintain strong internal controls, and develop a high-performing team in a fast-paced fintech environment. Fluency in English and knowledge of PSAK/IFRS are preferred.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field from a reputable university.
• 3–5 years of relevant accounting/finance experience, with 1–2 years in supervisory capacity.
• Strong hands-on experience in full-set accounting and month-end closing.
• Experience in financial services/fintech or regulated industries preferred.
• Familiar with PSAK/Indonesian accounting standards; IFRS is an advantage.
• Experience coordinating with external auditors and supporting statutory audits.
• Strong Microsoft Excel skills; good communication with regional stakeholders.
• Good command of English, both written and verbal.

Responsibilities

• Lead day-to-day accounting activities and ensure timely, accurate recording of transactions.
• Coordinate monthly close, schedules, and deliverables.
• Review journal entries, accruals, and supporting documentation.
• Oversee P&L and Balance Sheet accounts; investigate discrepancies.
• Ensure reconciliation of material balance sheet accounts and proper documentation.
• Support OJK regulatory reporting and tax compliance.
• Coordinate with auditors and support audit processes.
• Lead and develop the Accounting team and ensure timely deliverables.
• Identify process improvements in controls and reporting.

Skills

Full-set accounting

Month-end closing

Excel

English communication

Auditing coordination

Analytical thinking

Education

Bachelor’s degree in Accounting/Finance

Tools

NetSuite

Xero

Job description

Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia, expanding into a leading SME neobank. We are licensed and registered in Singapore, Indonesia, Thailand, Malaysia, and operating in Vietnam, and backed by Sequoia India, Softbank Vision Fund and SMBC bank amongst many others. Funding Societies | Modalku provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual and institutional investors.

And here at Funding Societies | Modalku we live by our core values GETFS:

• Grow Relentlessly: Strive to become our best, most authentic selves.
• Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed.
• Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation.
• Focus on Impact: Create impact through bias for action and tangible results.
• Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession.

The Finance Accounting Associate Manager will be responsible for leading and supervising the day-to-day Accounting team and ensuring accurate, timely, and compliant financial reporting. The role will be hands‑on and closely involved in month-end closing, account reconciliation, financial reporting, OJK regulatory reporting, audit support, and accounting operations.

The position will also act as a key point of coordination between Accounting and other Finance functions, including FP&A, Tax, Treasury, Operations, and other relevant stakeholders. The ideal candidate is a strong accounting professional who can lead a team while remaining hands‑on with the numbers, identify issues early, and ensure accounting deliverables are completed accurately and on time.

What you will do :

Accounting & Month-End Closing

• Manage the day-to-day accounting activities and ensure transactions are recorded accurately and timely.
• Coordinate and monitor the monthly closing process, including closing schedules and deliverables.
• Manage and review journal entries, accruals, adjustments, and supporting documentation prepared by the Accounting team.
• Manage and review monthly Profit & Loss and Balance Sheet accounts and investigate unusual movements or discrepancies.
• Ensure all material Balance Sheet accounts are properly reconciled and supported by appropriate schedules.
• Monitor and resolve unreconciled items and outstanding accounting issues.
• Ensure accounting records are maintained in accordance with applicable PSAK, company policies, and Group accounting standards.
• Coordinate with FP&A on financial data, monthly variance analysis, and management reporting requirements

OJK & Regulatory Reporting

• Support the preparation and submission of OJK regulatory reports and ensure submissions are accurate and completed within the required deadlines.
• Review supporting data and perform reconciliation between regulatory reports and accounting records.
• Maintain proper documentation and working papers supporting OJK submissions.
• Monitor relevant changes in OJK regulations and coordinate with the Finance team to implement required accounting or reporting adjustments.
• Support responses to OJK queries, examinations, and requests for supporting documentation.

Audit & Compliance

• Coordinate day-to-day requirements from external and internal auditors.
• Prepare and review audit schedules, supporting documents, and explanations requested by auditors.
• Follow up on audit findings and ensure agreed action items are properly addressed.
• Support statutory financial statement preparation and audit processes.
• Ensure accounting documentation is properly maintained and readily available for audit and regulatory purposes.

Team Leadership

• Lead and supervise the Accounting team in day-to-day activities and month-end closing.
• Assign tasks, monitor progress, and ensure timely completion of team deliverables.
• Review team members’ work and provide guidance on accounting treatment and issue resolution.
• Coach and develop team members to improve technical accounting knowledge and overall performance.
• Establish clear working standards and maintain appropriate review and control processes within the team.
• Act as the first-level escalation point for accounting issues within the team.

Process & Internal Control

• Identify opportunities to improve accounting processes, controls, and reporting efficiency.
• Ensure appropriate documentation and supporting evidence are maintained for accounting transactions.
• Work with relevant stakeholders to resolve process gaps and accounting discrepancies.
• Support automation and process improvement initiatives within Finance.

Tax Administration and Compliance

• Assist tax consultants in preparing monthly and annual tax compliance, including providing the required financial data, supporting documents, and reconciliations.
• Coordinate with internal stakeholders and tax consultants to ensure tax compliance deliverables are completed accurately and on time.
• Support the preparation and response to SP2DK (Surat Permintaan Penjelasan atas Data dan/atau Keterangan), including gathering supporting documents and preparing relevant explanations.
• Support tax audits and tax authority examinations, including providing data, documentation, reconciliations, and explanations requested by the tax consultant or tax authorities.
• Monitor outstanding tax compliance matters and follow up with relevant stakeholders to ensure timely resolution.

What we are looking for:

• Bachelor’s degree in Accounting, Finance, or a related field from a reputable university.
• Minimum 3–5 years of relevant accounting/finance experience, with at least 1–2 years in a supervisory or team-lead capacity.
• Strong hands‑on experience in full-set accounting and month-end closing.
• Experience in financial services, fintech, P2P lending, multifinance, banking, or other regulated industries is strongly preferred.
• Familiar with OJK regulations and regulatory reporting, preferably with direct experience preparing or reviewing OJK submissions.
• Strong understanding of PSAK / Indonesian accounting standards; familiarity with IFRS is an advantage.
• Experience coordinating with external auditors and supporting statutory audits.
• Familiarity with Indonesian tax compliance and basic understanding of SPT, WHT, and VAT.
• Experience using ERP systems, preferably NetSuite, Xero, or equivalent.
• Strong Microsoft Excel skills, including experience working with large datasets and reconciliations.
• Good command of English, both written and verbal, with the ability to communicate with regional/international stakeholders.
• Strong analytical, problem-solving, and attention‑to‑detail skills.
• Able to work independently, manage multiple deadlines, and operate effectively in a fast‑paced environment.

Good-to-have

• Experience with ECL / IFRS 9 or PSAK 71 is an advantage.

Selling Points

• Comfortable reviewing details while effectively supervising the team.
• Understands the importance of reconciliation, documentation, and timely closing.
• Understands the importance of accuracy and timeliness in OJK reporting.
• Able to identify unusual movements and investigate the underlying causes.
• Able to explain accounting matters to both Finance and non‑Finance stakeholders.
• Maintains high standards for financial accuracy and documentation.

• Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
• Flexible working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life.
• Medical benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their backs for their loved ones too.
• Mental health and wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we organize org-wide fitness initiatives and engage partners to provide well‑being coaching.
• Tech support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity

Interested to know more about us? Learn about our Stories here.