Monroe Consulting Group, an Executive Recruitment firm, is partnering with an organisation in the Industrial sector to hire a GM Finance. This opportunity is based in Indonesia. The successful candidate will lead the Finance, Accounting, and Tax functions, ensuring robust financial management, regulatory compliance, and strategic support for mining operations while driving sustainable business growth and profitability.
Position Overview
Lead the organisation's Finance, Accounting, and Tax functions, ensuring sound financial governance, operational efficiency, and regulatory compliance across the business.
Drive financial performance and strategic decision-making by aligning financial management with mining operations, production targets, and long-term growth objectives.
Key Responsibilities
- Lead and oversee the Finance, Accounting, and Tax functions, ensuring effective financial management and alignment with the company's business objectives.
- Develop and oversee financial planning, budgeting, forecasting, and financial performance analysis to support business growth and profitability.
- Direct financial reporting and accounting activities, ensuring accurate financial statements, timely month-end closing, and compliance with applicable accounting standards.
- Oversee tax management and compliance, including tax planning, reporting, payments, and fulfillment of mining royalty and Non-Tax State Revenue (PNBP) obligations.
- Manage cash flow, treasury activities, and working capital to maintain adequate liquidity and ensure effective utilization of financial resources.
- Monitor budget realization, operational expenses, and financial performance, identifying deviations and initiating corrective actions where necessary.
- Establish and strengthen internal control systems, financial policies, and procedures to minimize financial and operational risks.
- Oversee internal and external audits, ensuring audit readiness, timely resolution of findings, and compliance with regulatory requirements.
- Identify financial and tax risks, evaluate their potential business impact, and provide strategic recommendations to Management.
- Align financial strategies with mining operations, production, and coal sales activities to support profitability, liquidity, and long-term business sustainability.
- Lead, mentor, and develop the Finance, Accounting, and Tax teams by setting performance targets, evaluating results, and strengthening team capabilities.
- Collaborate closely with the Board of Directors (BOD), internal departments, external auditors, tax consultants, banks, and relevant government authorities.
- Present financial analysis, reports, and strategic recommendations to Management to support informed business decisions.
- Maintain strong professional relationships with external stakeholders involved in financial, banking, audit, and taxation matters.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, or a related field.
- A Master's degree and professional certifications such as CPA, CA, or Indonesian Tax Brevet are considered an advantage.
- Minimum 10-15 years of experience in Finance, Accounting, and Tax, with at least 5 years in a managerial position.
- Previous experience in the mining industry, preferably in coal mining companies operating as mine owners or IUP holders.
- Previous experience working at a Big Four audit firm is preferred.
- Proven experience in financial management, budgeting, forecasting, and financial performance analysis.
- Proven experience handling internal and external audits and strengthening internal control systems.
- Strong leadership capabilities, with experience managing, developing, and evaluating Finance, Accounting, and Tax teams.
- Good understanding of the relationship between financial performance and coal mining operations, production, and sales.
Technical / Functional Expertise
- Strong expertise in Financial Planning & Budgeting.
- Strong expertise in Financial Reporting & Accounting.
- Strong expertise in Tax Management & Compliance.
- Strong expertise in Cash Flow & Treasury Management.
- Strong expertise in Financial Analysis & Cost Control.
- Strong expertise in Internal Control & Audit.
- Strong expertise in Mining Finance & Tax.
- Strong knowledge of financial reporting, month-end closing processes, and compliance with applicable accounting standards.
- Solid understanding of tax management, tax reporting, and compliance with mining royalties and Non-Tax State Revenue (PNBP) obligations.
- Experience in cash flow management, operational cost control, and budget utilization.
- Ability to identify financial and tax risks and develop mitigation strategies.
- Experience collaborating with auditors, tax consultants, banking institutions, and government authorities.
Soft Skills & Leadership Competencies
- Strong strategic thinking and business acumen.
- Excellent analytical thinking and problem-solving skills.
- Strong planning, organising, and decision-making capabilities.
- Excellent communication and negotiation skills.
- Effective risk management and stakeholder management capabilities.
- High integrity and professionalism, with the ability to maintain the confidentiality of financial information.
- Detail-oriented, proactive, and results-driven approach.
- Strong sense of accountability and ownership.
- Ability to work collaboratively across departments and influence key business stakeholders.
- Capability to present financial insights and strategic recommendations to senior management and the Board of Directors.