Head of Treasury & Budgeting

PT Amerta Indah Otsuka; Jakarta Selatan; On-site; IDR 240,000,000 - 380,000,000; Full time

Job summary

PT Amerta Indah Otsuka is seeking an experienced Treasury & Budgeting Leader in Jakarta to oversee treasury, budgeting, FX risk management, and strategic financial planning. You will manage cash flow forecasting, liquidity optimization, and intercompany transactions to support sustainable growth.

The role requires a minimum of 8 years in treasury and budgeting, with at least 3 years in a managerial capacity, and a strong background in financial modelling and risk management.

Qualifications

• Bachelor's degree required in Finance, Accounting, Economics or related field.
• 8+ years in treasury, cash management and budgeting with managerial experience.
• CFA/CTP or equivalent preferred.
• Fluent in English.

Responsibilities

• Lead corporate budgeting process by guiding guidelines and templates, directing kick-off and socialisation, consolidating submissions, and steering final approvals.
• Develop and maintain rolling financial forecasts by analyzing actual vs budget usage and adjusting assumptions.
• Support resource allocation with financial insights to guide spending and capital decisions.
• Lead enterprise-wide liquidity management by overseeing cash flow forecasting, multi-entity cash positioning, pooling, and daily balances.
• Oversee banking and treasury activities including credit facilities, investments and loan agreements, monitoring maturities and covenants.
• Oversee FX and currency risk management, forecast currency needs, execute FX transactions, and report exposures.
• Oversee the payment process and corporate credit card activities, ensuring controls and timely payments across entities.
• Oversee intercompany transactions and reconciliations to support liquidity and operations across entities.
• Evaluate financial health by analyzing cash flow, working capital and external conditions for strategic inputs.
• Lead feasibility studies of investment projects with financial modelling and risk analysis.
• Monitor spending and progress of approved projects, providing re-forecasting and reporting.
• Enforce treasury policies and governance, ensure compliance and maintain internal controls.

Skills

Treasury management

Cash management

Budgeting & forecasting

Financial modelling

FX & risk management

Leadership

English proficiency

Strategic planning

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree preferred

Job description

Job Summary

Lead and oversee the treasury and budgeting functions to ensure optimal liquidity management, accurate forecasting, and efficient allocation of financial resources. This role safeguards the company’s financial health through proactive cash flow management, foreign exchange and investment oversight, robust budgeting processes, and process improvements aligned with corporate objectives.

Job Description

Budgeting & Forecasting

1. Lead the corporate budgeting process by guiding the establishment of guidelines, approving templates, directing kick‑off and socialisation sessions, reviewing and consolidating departmental submissions, and steering the final approvalprocess to ensure alignment with corporate strategy and departmental goals.
2. Develop and maintain rolling financial forecasts by analyzing the actual vs budget use, identifying key variances, and updating assumptions based on market trends, business performance, and operational changes, to support strategic decision‑making and ensure financial targets are met.
3. Support resource allocation by providing financial insights that guide spending and capital decisions to ensure alignment with business priorities and operational goals.

Treasury & Cash Flow Management

1. Lead enterprise‑wide liquidity management by overseeing cash flow forecasting, managing multi‑entity cash positioning, pooling, and daily bank balances and reviewing assumptions and scenarios to align funding needs, optimise liquidity, and reduce risks.
2. Oversee all banking and treasury activities, including credit facilities, short‑term investments, and loan agreements, by monitoring usage, maturities, and covenant compliance, while managing renewals and investing surplus funds to safeguard liquidity and optimise returns.
3. Oversee foreign exchange and currency risk management by monitoring positions, forecasting currency needs, and FX transactions execution, while reporting gains, losses, and exposures to support informed decisions and effective risk mitigation.

Payment Processing

1. Oversee the overall payment process by establishing controls, reviewing batch proposals, and ensuring timely execution of approved payments, in compliance with policies and workflows across all entities.
2. Oversee corporate credit card activities by evaluating proposals, coordinating issuance and cancellations, monitoring transactions, and resolving issues to ensure effective, responsible use within risk limits and operational requirements.
3. Oversee intercompany transactions and reconciliations to ensure liquidity, efficiently manage internal cash resources, and support uninterrupted operations across entities.

Financial Health and Benchmarking

1. Evaluate the company’s financial health by assessing historical trends, cashflow, and working capital and monitoring the external economic conditions to proactively provide inputs on financial strategies formulation.

Financial Investment Evaluation

1. Lead and oversee the feasibility study of proposed investment projects from financial perspective (involving financial modelling, business cases, risk and sensitivity analysis, etc.) to assess potential business impacts and guide strategic and operational decision‑making.
2. Monitor the spending and financial progress of the approved investment projects, including providing project re‑forecasting and financial performance reporting.

Risk & Compliance

1. Enforce treasury policies and governance frameworks to safeguard assets, ensure regulatory compliance, and strengthen internal controls, while maintaining up‑to‑date documentation and audit readiness
2. Oversee cash, FX, investment, and risk exposure limits, ensuring alignment with corporate policies, regulatory requirements, and strategic liquidity objectives (including monitoring of inflows, outflows, and tax‑related obligations).

Process Improvement & Strategic Support

1. Enforce the comprehensive assessment and mapping of treasury and budgeting workflows to identify improvement opportunities, while simultaneously supporting the design, implementation, and standardisation of process enhancements and digitalisation initiatives.

• Minimum Bachelor's degree in Finance, Accounting, Economics, or related fields. Master's degree preferred
• Minimum 8 years of experience in treasury, cash management and budgeting, with minimum 3 years in managerial role
• Certification or skills in CFA, CTP, or equivalent preferred
• Proficient in payment process, cash & bank management, budgeting and forecasting, financial modelling (NPV, IRR, payback), foreign exchange and risk management
• Proficiency in English