Finance Director (Technology)

Monroe Consulting Group; Indonesia; On-site; IDR 1,500,000,000 - 2,500,000,000; Full time

Job summary

Monroe Consulting Group Indonesia, an Executive Recruitment firm, is partnering with a leading IT organisation to hire a Finance Director - Technology. Based in Indonesia, this role drives financial governance, growth, and strategic business partnering within a dynamic tech environment.

The successful candidate will lead finance, governance, and commercial performance across the group, while partnering with regional leaders to support transformational initiatives and robust financial controls.

Qualifications

• Bachelors in Finance/Accounting/Economics or related field.
• Master's degree or MBA preferred.
• 15+ years in finance with 10+ in senior leadership.
• Experience in IT system integrator/ technology firm.
• Experience with regional/global HQs in a multinational/matrix.
• Strong IFRS knowledge and revenue recognition expertise.

Responsibilities

• Lead the finance function: budgeting, rolling forecasts, monthly close, and reporting.
• Ensure IFRS/PSAK 72 revenue recognition for project-based contracts.
• Oversee WIP, unbilled/deferred revenue and project cost accruals.
• Provide financial insights to senior management and regional leadership.
• Lead deal desk: pricing, bids, terms, and profitability analysis.
• Develop financial models for proposals; assess margins and risks.
• Partner with PM/ops to monitor budgets and variances.
• Oversee treasury, tax compliance, and working capital management.

Skills

Finance leadership

Cross-functional leadership

Stakeholder management

Strategic thinking

Financial planning & analysis

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree or MBA

Tools

SAP

Oracle

Microsoft Dynamics

Hyperion

Anaplan

Excel

BI tools

Job description

Monroe Consulting Group Indonesia, an Executive Recruitment firm, is partnering with a leading organisation in the Information Technology sector to hire a Finance Director - Technology. This opportunity is based in Indonesia and presents an exciting opportunity for an experienced finance leader to drive financial governance, commercial performance, and sustainable business growth within a dynamic technology environment.

Position Overview

Lead the finance function, overseeing financial reporting, commercial finance, governance, and operational performance across the organisation.
Drive strategic decision-making, business transformation, and sustainable growth through strong financial leadership and business partnering.

Key Responsibilities

• Lead the overall finance function, including budgeting, rolling forecasts, monthly closing, statutory reporting, and group reporting in accordance with IFRS and local accounting standards.
• Ensure accurate revenue recognition for complex project-based and multi-element contracts, including long‑term projects, software licensing, and managed services.
• Oversee work‑in‑progress (WIP), unbilled revenue, deferred revenue, and project cost accruals, ensuring strong financial controls and reporting discipline.
• Provide financial and commercial insights to senior management and regional stakeholders, covering profitability, margins, business performance, pipeline conversion, and budget variances.
• Lead commercial finance and deal desk activities, reviewing bids, tenders, pricing structures, payment terms, contract risks, and profitability before submission.
• Develop and challenge financial models for commercial proposals, considering product margins, service costs, subcontractor expenses, financing, foreign exchange exposure, and other commercial risks.
• Partner with project management and operational teams to monitor project budgets, cost‑to‑complete, change orders, claims, and overall contract profitability.
• Oversee billing, collections, working capital, cash flow, treasury, banking relationships, and foreign exchange exposure.
• Manage tax compliance, including corporate tax, VAT, withholding tax, transfer pricing, customs, and import duties.
• Oversee business support and shared services functions, including procurement, supply chain, vendor management, contract administration, order management, general affairs, facilities, and administration.
• Strengthen governance, internal controls, risk management, and compliance with local regulations and group policies.
• Drive finance transformation through improvements in ERP, financial planning tools, reporting dashboards, process automation, and data quality.
• Build, lead, and develop a high‑performing finance and business support team, fostering strong business partnering across commercial and operational functions.
• Act as a strategic business partner to the Country Managing Director and business unit leaders, supporting business strategy, growth, and operational performance improvement.
• Present financial and commercial performance to regional and group leadership, providing insights to support strategic planning and key business decisions.
• Lead financial planning and performance management processes, ensuring alignment between local business objectives and regional or group expectations.
• Champion operational performance improvement initiatives across the organisation, partnering with business leaders to refine processes, systems, and cost structures.

Key Requirements

Qualifications & Experience

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A Master's degree or MBA is preferred.
• Minimum 15 years of finance experience, including at least 10 years in senior finance leadership roles.
• Strong background in an IT system integrator, technology distributor/reseller, IT services provider, or multinational technology company.
• Experience working with regional or global headquarters in a multinational or matrix organisation.
• Demonstrated ability to lead cross‑functional teams, ideally covering finance, procurement, administration, and business support.

Technical / Functional Expertise

• Deep understanding of IFRS 15 / PSAK 72, particularly revenue recognition for project‑based businesses, multi‑element contracts, software, and services.
• Proven experience in commercial finance, deal desk, bid and tender pricing, contract evaluation, and project financial control.
• Strong knowledge of Indonesian tax regulations, transfer pricing, treasury, and statutory compliance.
• Advanced knowledge of ERP and financial planning systems such as SAP, Oracle, Microsoft Dynamics, Hyperion, or Anaplan, alongside strong Excel and BI capabilities.
• Excellent stakeholder management, commercial negotiation, and communication skills, with the ability to engage senior executives, customers, vendors, and banking partners.
• Fluent in English, both written and spoken.

Soft Skills & Leadership Competencies

• Strong commercial acumen, strategic thinking, and analytical capabilities.
• Proven track record of driving business transformation and operational improvements.
• Demonstrated ability to build and develop high‑performing teams.
• Strong influencing and stakeholder management skills across different organisational levels.
• Ability to lead effectively within a regional or global matrix organisation