Monroe Consulting Group, on behalf of a leading multinational trading and distribution company, is seeking a strategic and commercially minded General Manager - Finance, Accounting & Tax to lead the finance organization in Indonesia.
This role is ideal for a senior finance leader with extensive experience in financial management, taxation, treasury, governance, and leadership development within multinational environments. The successful candidate will serve as a key business partner to local and regional management, driving financial excellence, operational efficiency, compliance, and organizational capability.
Position Overview
The General Manager - Finance, Accounting & Tax is responsible for overseeing all finance, accounting, tax, treasury, reporting, compliance, and internal control activities for the Indonesian business.
The role will ensure strong financial governance, optimal working capital management, regulatory compliance, and alignment with regional and global headquarters while developing a high-performing finance organization.
Key Responsibilities
Finance Operations & Treasury
- Lead monthly, quarterly, and annual financial closing processes in accordance with PSAK, IFRS, and Group accounting standards.
- Manage cash flow, liquidity planning, and banking relationships.
- Lead negotiations with banking partners and oversee financing arrangements.
- Manage foreign currency exposure and implement appropriate hedging strategies.
- Oversee ERP financial operations, preferably SAP, including:
- Financial approvals
- Business process controls
- Credit management
- Accounts receivable
- Collection processes
- Ensure compliance with Indonesian banking and import-customs-related financial requirements.
Taxation & Compliance
- Oversee all corporate tax activities, including:
- Corporate Income Tax (PPh Badan)
- VAT (PPN)
- Withholding Taxes (PPh)
- Tax reporting and filing
- Manage tax audits and interactions with tax authorities.
- Lead transfer pricing compliance activities.
- Coordinate with external tax consultants and advisors.
- Monitor tax regulation changes and ensure timely implementation.
Management Accounting & Financial Reporting
- Lead annual budgeting and quarterly forecasting processes.
- Conduct budget-versus-actual analysis and provide actionable recommendations.
- Oversee management reporting, including:
- Profit & Loss
- Balance Sheet
- Cash Flow
- Accounts Receivable Aging
- Inventory Turnover
- Loan Position Reporting
- Monitor working capital and capital efficiency metrics such as:
- ROIC
- EVA
- DIO
- DSO
- DPO
- Cash Conversion Cycle
- Ensure accurate and timely reporting to regional and global headquarters.
Governance, Risk & Internal Control
- Develop and maintain:
- Accounting policies
- Delegation of Authority (DoA)
- Credit control policies
- Standard Operating Procedures (SOPs)
- Strengthen internal controls and approval workflows.
- Ensure proper segregation of duties and accountability structures.
- Lead internal and external audit activities.
- Support enterprise risk management and compliance initiatives.
- Ensure full alignment with Group governance standards.
Leadership & Organizational Development
- Lead and develop the Finance, Accounting, and Tax teams.
- Coach and empower finance managers and key personnel.
- Establish performance goals and conduct regular performance evaluations.
- Build technical and leadership capabilities across the function.
- Develop succession plans and mentor high-potential employees for future leadership roles.
Key Requirements
Essential Qualifications & Experience
- Minimum 15 years of experience in Finance, Accounting, and Tax.
- Minimum 5 years in a managerial or senior leadership position.
- Prior experience as a Finance Manager or above within a multinational or foreign-owned company in Indonesia.
- Strong experience leading financial closing processes under PSAK and IFRS.
- Proven experience managing external audits.
- In-depth knowledge of Indonesian tax regulations, including:
- Strong treasury management experience covering:
- Cash management
- Banking negotiations
- Foreign exchange management
- Understanding of Indonesian banking and import-customs finance requirements.
- Demonstrated experience developing successors and future finance leaders.
- Strong ERP expertise, preferably SAP.
- Bachelor's Degree or higher in Accounting.
- Brevet A/B certification or equivalent tax qualification.
- Business-level English proficiency.
- Native or business-level Bahasa Indonesia proficiency.
Preferred Qualifications
- Experience within:
- Trading
- Distribution
- Chemicals
- Similar working-capital-intensive industries
- Professional certifications such as:
- MBA or equivalent management qualification.
- Previous Big Four audit firm experience combined with commercial industry experience.
- Experience working in a Japanese company environment.
- Familiarity with the RINGI approval process.
- Experience in:
- Business process improvement
- Automation initiatives
- RPA solutions
- Business Intelligence tools such as Tableau
Ideal Candidate Profile
The ideal candidate is a senior finance executive who combines strong technical expertise in accounting, tax, treasury, and governance with proven leadership capabilities. This individual should be capable of acting as a strategic business partner, driving financial discipline, improving working capital performance, strengthening controls, and developing future finance leaders while operating effectively in a multinational reporting environment.