Finance Officer

WTW; Jakarta Pusat; On-site; IDR 167,400,000 - 234,360,000; Full time

Job summary

Willis Towers Watson seeks a detail-oriented Finance Officer to join our finance team in Jakarta. This role covers Accounts Payable, Accounts Receivable, Taxation, Treasury, and timely reconciliation activities to ensure financial accuracy and smooth operations.

The candidate will review vendor payments, manage tax documentation, and assist brokers with settlement information while coordinating with internal stakeholders on treasury matters. Strong knowledge of VAT and WHT is preferred.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.
• 3-6 years of experience in accounting, finance operations, taxation, or treasury functions.
• Experience in insurance, broking, financial services, or professional services is a plus.
• Strong knowledge of AP, AR, tax compliance, reconciliations, and treasury processes.
• Familiarity with VAT, withholding tax, and multi-currency transactions.

Responsibilities

• Manage Accounts Payable, ensuring documentation and approvals.
• Oversee Accounts Receivable and settlement processes, including VAT and tax requirements.
• Coordinate Tax collection and compliance activities with external consultants as needed.
• Monitor collections and credit control; escalate overdue accounts.
• Support treasury activities including bank reconciliations and documentation.
• Support intercompany collections and treasury activities including bank reconciliations.

Skills

AP processes

AR processes

Tax compliance

Reconciliations

Treasury

Multi-currency

Education

Bachelor's degree in Accounting/Finance/Business Admin

Job description

Description

About the Role

We are seeking a detail-oriented and proactive Finance officer to join our finance team. This role is responsible for managing a broad range of accounting activities, including Accounts Payable, Accounts Receivable, Taxation, Treasury, and financial reconciliations. The successful candidate will play a key role in maintaining financial accuracy, supporting business operations, and driving timely collection and settlement processes.

Key Responsibilities:

Accounts Payable (AP)

• Review vendor payments and employee reimbursement claims to ensure complete and valid supporting documentation, including tax invoices.
• Verify approvals from local management before processing payments.
• Prepare accounting entries, expense coding, and withholding tax calculations.
• Record and maintain accurate journal entries in accordance with company policies and accounting standards.

Accounts Receivable & Settlement (A&S)

• Review trade Accounts Receivable (AR) allocations and related journal entries.
• Validate withholding tax calculations and accounting treatments.
• Review carrier settlements prior to approval, ensuring accurate application of VAT regulations and tax requirements.
• Prepare commission and brokerage reclassifications, considering withholding tax, foreign exchange impacts, and non-fiduciary account transfers.
• Conduct monthly reconciliation of trade Accounts Payable balances against carrier Statements of Account.
• Support brokers by providing premium settlement information and financial details upon request.

Taxation

• Collect and maintain withholding tax documentation from clients and carriers.
• Prepare tax settlement schedules based on reviewed and validated information.
• Generate and issue tax invoices in compliance with local tax regulations.
• Support tax compliance activities and liaise with external tax consultants when required.

Collection & Credit Control

• Distribute AR aging reports to business stakeholders and monitor collection progress.
• Follow up on overdue client balances, prioritizing material outstanding accounts.
• Escalate long-outstanding receivables to brokers and relevant stakeholders for further action.
• Perform and monitor intercompany collection activities to ensure timely settlement.

Treasury

• Prepare monthly bank reconciliations and investigate outstanding items.
• Support the issuance of bank references and assist with bank guarantee documentation for tender submissions.
• Coordinate with banking partners and internal stakeholders on treasury-related matters.

Qualifications

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.
• 3-6 years of experience in accounting, finance operations, taxation, or treasury functions.
• Experience within insurance, broking, financial services, or professional services industries will be an advantage.
• Strong knowledge of Accounts Payable, Accounts Receivable, tax compliance, reconciliations, and treasury processes.
• Familiarity with VAT, withholding tax (WHT), and financial reporting requirements.
• Experience handling multi-currency transactions and reconciliations.

WTW is an equal opportunity employer.