Senior Finance Manager

Rentokil Initial; Bandar; On-site; IDR 500.000.000 - 700.000.000; Full time

Job summary

A leading global pest control company is seeking a Head of Finance for its operations in Indonesia. The role involves strategic planning, managing financial activities, and ensuring compliance with regulations. The ideal candidate will have at least 10 years of experience in finance, strong leadership skills, and be adept in financial forecasting and analysis. This position offers a unique opportunity to guide financial planning for a market leader.

Benefits

Leadership development programs

Competitive salary

Comprehensive benefits package

Qualifications

• Minimum of 10 years of industrial experience in finance & accounting roles preferably for a multi-national company.
• Strong financial modeling and IT practical skills, particularly in MsExcel.
• MNC experience and demonstrated leadership & communication skills.

Responsibilities

• Develop strategy focused on growth and translate it into financial plans.
• Manage annual operating plan and monitor delivery including P&L and KPIs.
• Oversee credit management and collection objectives.

Skills

Leadership

Financial forecasting

Financial analysis

Compliance

Communication

Education

University degree / CPA

Tools

MsExcel

BI systems

Job description

Overview

• Head of the finance function for Brunei
• Engage with the business to develop the strategy with a focus on growth. Translate the business plan into financial plan
• Accountable for the annual operating plan and monitoring delivery - P&L, cash flow (receivables in particular) & KPIs
• Run the forecast process to identify business risks and mitigation options to keep the countries on plan
• A key member of the country management teams as the commercial insight for the business
• With the MD deliver growth and profit agenda through commercial analysis of Cleaning Services, Drainage, Pest Control and Hygiene to identify the best options
• With the MD, deliver acquisition growth through a pipeline of deals
• Keep the business up to date with relevant statutory, internal, or external regulations, standards, and codes of good practice
• Manage the day-to-day financial activities of the organization
• Control its financial resources and ensure that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards
• Activities include: month-end closing, financial analysis and reporting; taxation; insurance; credit control; accounts payable and receivable; inventory and costs control

Duties & Responsibilities

• 1. Strategic Plans, budgets, financial evaluation
• 1.1 Liaison with the Senior Management to develop, analyse and support the financial business plan proposals, associated key performance indicators, working capital and capital expenditure plan for the division annual budget in accordance with corporate guidelines and divisional growth objective.
• 1.2 Develop and prepare the annual budgets in accordance to the framework of the corporate budget.
• 1.3 Evaluate and prepare financial justification and impact for any major investments including capital expenditure, major jobs/works, new/replacement products/services proposals.
• 1.4 Participate and support assigned corporate projects.
• 2. Trading results analysis, KPIs and forecasting
• With the objective of identifying opportunities for improvement in business management, enhanced trading performance, cost reduction and precision in results forecasting.
• 2.1 Prepare and analyse the monthly and quarterly financial trading results against budget, prior year and forecast targets for the areas/branches.
• 2.2 Prepare and analyse monthly KPIs, management statistics and trend data for the areas/branches.
• 2.3 Coordinate monthly re-forecasting of trading projections for the area/branches providing support in order to improve the precision and reliability of forecasts.
• 2.4 Participate with senior management in monthly country review meetings.
• 3. Working Capital
• 3.1 Proactively support and promote all initiatives on reductions of branch stocks, materials and equipment for rental lines.
• 3.2 Monitor the monthly trends of inventories and adoption of inventory control measures. Initiates corrective action where there is an opportunity for improved control or inventory reductions.
• 4. Fixed Asset Management
• 4.1 Prepare revised monthly capex spend forecast for consolidation into company balance sheet and cash flow.
• 4.2 Undertake periodic rotational reviews of asset registers to scrutinize for potential obsolete items.
• 5. Procedures, Controls and Compliance
• 5.1 The Finance Manager has a direct responsibility to comply with the Company policy and procedures, maintain control procedures intact, observe and apply corporate governance, and to adopt the Group Corporate Social Responsibility mandates.
• 5.2 Undertake when required program of branch/site visits to perform controls and compliance reviews and to support the branches with training guidance.
• 5.3 Broadly monitor all activities throughout the division to satisfy on a “reasonableness test basis” that there are no apparent material breaches of responsibility or control which will adversely affect the reported results or future performance of the division.
• 5.4 Draw minor breaches requiring corrective action to the attention of the respective managers with a request for corrective action and follow through to ensure the required action takes place.
• 5.5 Promptly advise the Managing Director/Finance Director of any material breaches identified (or suspected material breaches) and await their instruction on the required course of action.
• 5.6 Recommend changes to procedures and controls in order to improve efficiencies, remedy a control weakness, or enhance business performance.
• 5.7 Follow through on all non-conformance/weakness identified in Internal Audit reports to ensure remedial action is completed and correct ongoing procedures adopted.
• 6. Systems, Training and Support
• 6.1 Participate and liaison with the Finance Director and as necessary with the Central IT / Other Department on systems development project planning / training / implementation for the country.
• 6.2 Prepare and deliver presentations / training modules to the Managing Director and Senior Managers and functional staff as required.
• 6.3 Provide proactive support for the company missions/objectives, the management and staff to assist them in the efficient performance of their responsibilities.
• 7. Operations
• 7.1 To ensure that regular formal reviews are held for staff in the team. Annual appraisals must be completed particularly for your direct reports, with more than six months working experience.
• 7.2 Manages and supervises direct line staff on a day to day basis, where applicable.
• 7.3 Any other duties as needed.
• 8. Collection Management
• 8.1 Oversee the credit management to customers
• 8.2 Oversee achievement of monthly collection and DSO Budget

Prerequisites

• Finance Manager for a medium size or SME companies
• MNC experience
• Experienced finance professional from the Services Sector
• University degree / CPA
• Qualification in finance / accounting with track record of delivering value to the business beyond audited accounts
• Leadership of small team
• FP&A
• Working capital management, particularly receivables
• Investment analysis
• Audit experience (strongly preferred)
• M&A (added advantage)
• Work Experience: Minimum of 10 years of industrial experience in finance & accounting roles preferably for a multi-national company
• Demonstrated leadership & communication skills: 5 years in finance management positions in a matrix organisation and at ease dealing with leaders in other disciplines
• Expertise in several finance disciplines with FP&A a must have
• Strong financial modelling and IT practical skills, particularly in MsExcel
• BI systems (not essential)

Competencies

• Deliver Results: The drive and ambition to achieve goals/objectives and the discipline, organization and perseverance to deliver outstanding customer service.
• Act Commercially: The ability to gather and make sense of large amounts of information and apply it to make business and customer focused decisions
• Manage Self: Managing own emotions to remain calm, focused and optimistic while dealing with a constant stream of demands
• Coach and Develop: The encouragement of long term development of others to build capability.
• Work With Others: Building relationships and collaborating with others (e.g. customers, colleagues, partners and suppliers) to achieve our mission.
• Display Leadership: The ability to inspire others to achieve Rentokil Initials objectives and to hold them accountable for high standards of performance.