Finance Manager

modernvet; Jakarta Pusat; On-site; IDR 500,000,000 - 900,000,000; Full time

Job summary

Modernvet is seeking a senior Finance Controller in Jakarta to lead all financial operations, including accounting, taxation, procurement and inventory management. The role drives monthly closings, budget processes, and internal controls, while coordinating with external advisors to ensure tax compliance and accurate reporting.

The ideal candidate has 7+ years in finance, CA/CPA/CMA or equivalent, and deep knowledge of Indonesian tax rules with PSAK/IFRS.

Qualifications

• Bachelor's degree in Accounting or Finance.
• CA/CPA/CMA or equivalent is a strong advantage.
• Minimum 7 years in finance and accounting, with at least 3 years in a managerial or controller role.
• Proven experience overseeing multiple finance functions including accounting, procurement, inventory.
• Experience in retail, healthcare services or multi-branches operations is preferred.
• In depth knowledge of Indonesia taxation (PPh, PPN) and financial reporting standards (PSAK, IFRS).
• Strong financial analysis skills including P&L analysis, cash flow management, budgeting and forecasting.
• Proficient in accounting software (Odoo) and advanced Microsoft Excel.
• Sound knowledge of Internal Control Frameworks and financial risk management.
• Familiarity with procurement processes, vendor management and inventory costing methods.
• Ability to communicate financial information clearly to non-finance stakeholders.

Responsibilities

• Oversee and supervise all financial operations covering Finance, Accounting, Taxation, Procurement and Inventory Management
• Ensure compliance with applicable accounting standards and tax regulations, including the preparation and review of annual Corporate Income Tax (PPh Badan) obligations
• Coordinate with external consultants for accounting records, bookkeeping and financial reporting, and tax compliance vendor for tax reporting and taxation advisory matters
• Lead monthly closings, approve transactions, and resolve discrepancies
• Enforce reimbursement/payment policies and oversee urgent payments
• Support finance system integration and lead financial projects (e.g., RFID, Odoo)
• Develop, implement and continuously improve financial processes, controls, policies and reporting instruments to support business growth and operational efficiency
• Lead the annual budgeting process and monitor financial performance against approved budgets and drive cost efficiency
• Manage and analyze Profit & Loss (P&L) performance, ensuring alignment with company financial targets and strategic objectives
• Monitor company spending and conduct regular variance analysis between actual expenditures and budget allocations, providing recommendations for cost optimization
• Oversee the end to end procurement process, ensuring purchases align with budgets and company policies
• Evaluate and manage vendor relationships to ensure competitive pricing, quality and reliable delivery
• Review and approve purchase orders and vendor contacts in accordance with approval authority limits
• Drive cost optimization initiatives through negotiation, vendor consolidation and process improvement
• Ensure proper documentation and audit trail for all procurement transactions
• Oversee end to end stock management and monthly stock opname and analyze result and action plan of stock opname
• Prepare inventory for new branches and balance stock via inter-branch transfers.
• Review inventory listings and branch item requests to suppliers
• Create SOP to improve business processes (or automation)
• Design, implement and maintain robust internal control framework to mitigate financial and operational risks
• Conduct regular reviews of financial processes to identify control gaps and implement improvement
• Liaise with external auditors and ensure audit readiness throughout the year
• Develop and enforce financial policies, procedures and governance standards across the organization
• Oversee cash flow planning and optimize interest earnings
• Manage banking relationships and financial transactions
• Lead and mentor the finance team, ensuring smooth operations and team development
• Support branch launches and cross-functional projects with finance input
• Collaborate with IT and marketing to enhance financial systems and processes
• Accurate and timely financial reporting (monthly, quarterly, and annual)
• Well-managed annual budget with ongoing variance monitoring and cost control
• Achievement of targeted profit margins and overall financial performance
• Full compliance with accounting standards and tax regulations
• Robust internal control framework with zero recurring major audit findings
• Optimized inventory levels with accurate valuation and minimal discrepancies
• Efficient, policy-compliant procurement with documented cost savings
• Healthy cash flow position with optimized banking arrangements
• High-performing finance team with clear development plan

Skills

Finance leadership

P&L analysis

Cash flow management

Budgeting & forecasting

Internal controls

Vendor management

Inventory costing

Communication to non-finance

IFRS/PSAK knowledge

Education

Bachelor's degree in Accounting or Finance

CA/CPA/CMA or equivalent

Tools

Odoo

Microsoft Excel

Job description

Key Responsibilities

• Oversee and supervise all financial operations covering Finance, Accounting, Taxation, Procurement and Inventory Management
• Ensure compliance with applicable accounting standards and tax regulations, including the preparation and review of annual Corporate Income Tax (PPh Badan) obligations
• Coordinate with external consultants for accounting records, bookkeeping and financial reporting, and tax compliance vendor for tax reporting and taxation advisory matters
• Lead monthly closings, approve transactions, and resolve discrepancies
• Enforce reimbursement/payment policies and oversee urgent payments
• Support finance system integration and lead financial projects (e.g., RFID, Odoo)
• Develop, implement and continuously improve financial processes, controls, policies and reporting instruments to support business growth and operational efficiency

Planning, Pricing Analysis & Reporting

• Develop financial models and forecasts with leadership
• Analyze pricing, cost structures, margins, and inventory trends
• Prepare financial reports for management, investors, and board members and ensure accurate and timely financial reporting to management
• Support decision-making with data insights
• Review and establish product strategies based on target margin requirements and overall profitability considerations

Budgeting & Cost Control

• Lead the annual budgeting process and monitor financial performance against approved budgets and drive cost efficiency
• Manage and analyze Profit & Loss (P&L) performance, ensuring alignment with company financial targets and strategic objectives
• Monitor company spending and conduct regular variance analysis between actual expenditures and budget allocations, providing recommendations for cost optimization

Procurement

• Oversee the end to end procurement process, ensuring purchases align with budgets and company policies
• Evaluate and manage vendor relationships to ensure competitive pricing, quality and reliable delivery
• Review and approve purchase orders and vendor contacts in accordance with approval authority limits
• Drive cost optimization initiatives through negotiation, vendor consolidation and process improvement
• Ensure proper documentation and audit trail for all procurement transactions

Inventory Management

• Oversee end to end stock management and monthly stock opname and analyze result and action plan of stock opname
• Prepare inventory for new branches and balance stock via inter-branch transfers.
• Review inventory listings and branch item requests to suppliers
• Create SOP to improve business processes (or automation)

Internal Control

• Design, implement and maintain robust internal control framework to mitigate financial and operational risks
• Conduct regular reviews of financial processes to identify control gaps and implement improvement
• Liaise with external auditors and ensure audit readiness throughout the year
• Develop and enforce financial policies, procedures and governance standards across the organization

Cash & Banking Management

• Oversee cash flow planning and optimize interest earnings
• Manage banking relationships and financial transactions

Team Leadership & Operational Support

• Lead and mentor the finance team, ensuring smooth operations and team development
• Support branch launches and cross-functional projects with finance input
• Collaborate with IT and marketing to enhance financial systems and processes

KEY DELIVERABLES

• Accurate and timely financial reporting (monthly, quarterly, and annual)
• Well-managed annual budget with ongoing variance monitoring and cost control
• Achievement of targeted profit margins and overall financial performance
• Full compliance with accounting standards and tax regulations
• Robust internal control framework with zero recurring major audit findings
• Optimized inventory levels with accurate valuation and minimal discrepancies
• Efficient, policy-compliant procurement with documented cost savings
• Healthy cash flow position with optimized banking arrangements
• High-performing finance team with clear development plan

Qualifications

Education & Certifications

• Bachelor’s degree in Accounting, Finance or a related field
• Professional certifications (CA, CPA, CMA or equivalent) is a strong advantage
• Minimum 7 years of experience in finance and accounting with at least 3 years in a managerial or controller role
• Proven experience overseeing multiple finance functions including accounting, procurement, inventory
• Experience in retail, healthcare services or multi-branches operations is preferred
• In depth knowledge of Indonesia taxation (PPh, PPN) and financial reporting standards (PSAK, IFRS)
• Strong financial analysis skills including P&L analysis, cash flow management, budgeting and forecasting
• Proficient in accounting software (Odoo) and advanced Microsoft Excel
• Sound knowledge of Internal Control Frameworks and financial risk management
• Familiarity with procurement processes, vendor management and inventory costing methods
• Ability to communicate financial information clearly to non-finance stakeholders