Finance and Accounting Manager

PT AQS Group Indonesia; Kota Semarang ꦏꦸꦛꦱꦼꦩꦫꦁ; On-site; IDR 180,000,000 - 320,000,000; Full time

Job summary

PT AQS Group Indonesia is seeking a Finance & Accounting Manager to lead financial operations in a manufacturing setting. You will oversee cash flow, budgeting, cost management, transfer pricing, and financial reporting, while driving internal controls and team performance.

The role requires extensive experience in manufacturing finance, PSAK/tax compliance, and ERP proficiency. Based in Semarang, you will report to the leadership team and contribute to strategic decision-making.

Qualifications

• Minimum Bachelor’s Degree in Accounting or Finance; Master’s Degree preferred.
• At least 7 years of experience, including 3 years in a managerial role.
• Background in a manufacturing company or PMA is preferred.
• Brevet A & B certification is required.
• Strong knowledge of financial management, costing, and transfer pricing.
• Strong analytical and data-driven decision-making skills.
• Able to ensure compliance with PSAK and applicable tax regulations.
• Skilled in cash-flow management.
• Proficient in ERP systems and Microsoft Excel.
• Able to lead and develop the Finance and Accounting team.
• Fluent in English, both written and spoken.
• Willing to be based in Semarang.

Responsibilities

• Monitor daily bank positions, approve payments, manage cash buffers, and maintain a rolling 13-week cash forecast.
• Prepare the annual budget and monthly driver-based forecasts linking to P&L, balance sheet, and cash flow.
• Maintain BOMs, routings, labor standards, overhead rates, and yield assumptions; communicate impact on margins.
• Publish weekly price, usage, efficiency, and product-mix variance reports and identify root causes.
• Maintain intercompany transfer-pricing documentation and policies; ensure tax compliance for exports.
• Deliver month-end closing by Day +5 and prepare financial statements with budget comparisons.
• Ensure accurate invoicing, credit checks, and DSO reduction plans for customers.
• Optimize Cash Conversion Cycle via dashboards and KPI tracking; drive cost-saving initiatives.
• Lead stock counts and inventory valuation; investigate variances and adjust records.
• Coordinate with tax consultants for VAT and income tax filings; maintain supporting docs.
• Manage banking relationships and foreign-exchange hedging per policy; monitor covenants.
• Review capital investment proposals using NPV/IRR; monitor expenditure and benefits.
• Enforce three-way matching, access controls, and segregation of duties; maintain vendor data.
• Maintain Chart of Accounts and automate financial dashboards for accurate reporting.
• Prepare audit schedules; support audits and maintain an audit-issues log.
• Draft SOPs for Finance, Tax, Transfer Pricing, and Closing processes; train staff.
• Set team objectives, coach staff, conduct performance reviews, and lead succession planning.
• Deliver financial bridges and KPI summaries to Directors for strategic decisions.

Skills

Bachelor’s Degree

Master’s Degree

7+ years experience

Managerial experience

Manufacturing background

Brevet A & B

Financial management

Costing

Transfer pricing

Analytical skills

PSAK compliance

Cash flow management

ERP systems

Microsoft Excel

Team leadership

English proficiency

Based in Semarang

Education

Bachelor’s Degree in Accounting or Finance

Master’s Degree preferred

Tools

ERP systems

Microsoft Excel

Job description

Join Our Team as a Finance & Accounting Manager – Manufacturing Industry

We’re seeking an experienced Finance & Accounting Manager to join our growing team in the manufacturing sector. If you’re ready to lead financial operations and strengthen financial control, cost management, and business performance, this is the perfect opportunity for you!

About Us:

PT AQS Group Indonesia is a foreign-owned charcoal factory launched upon the 20+ years of extensive and reputable experience of its founding partners. We regard our charcoal briquette product as a work of art crafted by the combination of the natural riches of Indonesia and the collective minds of industry and market pioneers determined to surpass all competition locally and abroad.

Job Description:

The Finance & Accounting Manager is responsible for managing the company’s financial and accounting operations, including cash flow, budgeting and forecasting, costing, transfer pricing, financial reporting, taxation, treasury, internal controls, audits, financial risk, and team performance.

Key Responsibilities:

Monitor daily bank positions, approve payments, manage cash buffers, and maintain a rolling 13-week cash forecast. Identify potential shortfalls and initiate corrective actions.

Prepare the annual budget and monthly driver-based forecasts covering Profit and Loss, Balance Sheet, and Cash Flow. Link forecasts to production volume, yields, energy consumption per ton, and scrap levels while identifying gaps and proposing mitigation plans.

Maintain Bills of Materials, routings, labor standards, overhead rates, and yield assumptions. Approve cost updates following engineering or price changes and communicate their impact on margins.

Publish weekly price, usage, efficiency, and product-mix variance reports. Identify root causes, assign action owners, and monitor completion to restore margins.

Maintain intercompany transfer-pricing documentation and policies, post monthly true-ups, and ensure compliance with customs, VAT, and income-tax requirements for export transactions.

Deliver an accurate month-end closing by Day +5. Reconcile ledgers, accruals, and provisions and prepare Profit and Loss, Balance Sheet, and Cash Flow reports with comparisons against the budget and latest forecast.

Ensure accurate invoicing and e-Faktur administration. Conduct credit checks, establish credit limits, manage collections and dispute resolution, allocate receipts, and prepare DSO-reduction plans for each customer.

Enforce three-way matching, maintain accurate vendor master data, schedule payment runs, optimize payment terms and early-payment discounts, manage withholding taxes, and improve DPO.

Optimize the Cash Conversion Cycle, including DSO, DIO, and DPO, through Power BI or Tableau dashboards, weekly action plans, and monthly KPIs. Co-lead cost-saving initiatives and ensure that realized savings are reflected in the Profit and Loss statement.

Ensure the accurate valuation of raw materials, work in progress, and finished goods. Lead cycle counts and physical stock-taking, investigate discrepancies, and ensure that inventory variances are recorded correctly.

Coordinate with tax consultants to prepare and review VAT and Income Tax filings, including PPh 21, 23, 25, and 26. Ensure timely submission and payment and maintain supporting documents for export incentives.

Manage banking relationships, credit facilities, and covenant compliance. Monitor foreign-exchange exposure from import and export transactions and execute hedging activities in accordance with company policy.

Review investment proposals using NPV, IRR, and payback analysis. Monitor project expenditure and conduct post-implementation and benefit-realization reviews.

Enforce the three-way matching process, approval matrix, appropriate user access, and segregation of duties. Maintain accurate vendor data and resolve control gaps.

Maintain the Chart of Accounts, standardize system postings, automate financial dashboards, and ensure a source of accurate financial information.

Prepare audit schedules and Provided by Client lists, support audit walkthroughs, resolve findings promptly, and maintain an updated audit-issues log.

Draft and update SOPs for Finance, Tax, Transfer Pricing, and Closing processes. Train Finance staff and conduct refresher sessions for non-finance teams.

Set team objectives, coach Finance and Accounting staff, conduct performance reviews, and lead succession planning while promoting cost discipline and cash ownership.

Deliver clear reports to Directors, including financial bridges, trend analyses, KPIs, and risk and countermeasure monitoring to support strategic decision-making.

Identify and assess financial risks, including credit, foreign-exchange, and liquidity risks. Coordinate with insurance brokers to maintain appropriate coverage and monitor claims and policy renewals.

Qualifications:

Minimum Bachelor’s Degree in Accounting or Finance; Master’s Degree preferred.

At least 7 years of experience, including 3 years in a managerial role.

Background in a manufacturing company or PMA is preferred.

Brevet A & B certification is required.

Strong knowledge of financial management, costing, and transfer pricing.

Strong analytical and data-driven decision-making skills.

Able to ensure compliance with PSAK and applicable tax regulations.

Skilled in cash-flow management.

Proficient in ERP systems and Microsoft Excel.

Able to lead and develop the Finance and Accounting team.

Fluent in English, both written and spoken.

Willing to be based in Semarang.

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Your application will include the following questions:

• Berapa gaji bulanan yang kamu inginkan?
• Berapa tahun pengalaman kerjamu sebagai manajer akuntansi dan keuangan?
• Berapa tahun pengalaman kerjamu di Industri Manufaktur?
• Apakah kamu memiliki Sertifikat Brevet A Dan B?
• How many years' experience do you have as a Transfer Pricing Manager?
• How many years' experience do you have as a Financial Reporter?
• Do you have Costing Analysis experience?
• Produk ERP apa saja di bawah ini yang bisa kamu gunakan?
• Pernahkah kamu bekerja dalam peran yang membutuhkan pemahaman mendalam tentang PSAK?
• Bagaimana kamu menilai kemampuan bahasa Inggrismu?

Manufacturing, Transport & Logistics 51-100 employees

PT AQS Group Indonesia is a foreign investment project launched upon the intensive and reputable experience of its founding partners. We are a coconut shell charcoal factory based in Dubai, UAE and we have been pioneers of our field for more than 20 years. We regard our charcoal briquette product as a work of art crafted by the combination of the natural riches of Indonesia and the collective minds of industry and market pioneers determined to surpass all competition local and abroad. We are looking for likeminded members excited to join our team and contribute to the success of our company and the satisfaction of our customers around the world.

To be part of this team, you are someone who is:

Determined to be the best in what you do in all places, in all times, and for whatever it takes.Keen on working with a team within a culture of professionalism, cooperation, and immediate results.Confident of your skills and able to make the best decision at any given circumstance like an exceptional leader.Loyal and supportive to the people who invest their energy and time for the sake of the same results you wish to achieve.A talented communicator who always knows how to behave and can highly differentiate right from wrong.Brilliant, creative, proactive and thirsty to perfect the processes and techniques related to your tasks on daily basis.Mindful of the long-term goals and attentive to short-term treads on the way to ultimate success.

PT AQS Group Indonesia is a foreign investment project launched upon the intensive and reputable experience of its founding partners. We are a coconut shell charcoal factory based in Dubai, UAE and we have been pioneers of our field for more than 20 years. We regard our charcoal briquette product as a work of art crafted by the combination of the natural riches of Indonesia and the collective minds of industry and market pioneers determined to surpass all competition local and abroad. We are looking for likeminded members excited to join our team and contribute to the success of our company and the satisfaction of our customers around the world.

To be part of this team, you are someone who is:

Determined to be the best in what you do in all places, in all times, and for whatever it takes.Keen on working with a team within a culture of professionalism, cooperation, and immediate results.Confident of your skills and able to make the best decision at any given circumstance like an exceptional leader.Loyal and supportive to the people who invest their energy and time for the sake of the same results you wish to achieve.A talented communicator who always knows how to behave and can highly differentiate right from wrong.Brilliant, creative, proactive and thirsty to perfect the processes and techniques related to your tasks on daily basis.Mindful of the long-term goals and attentive to short-term treads on the way to ultimate success.