Senior Manager Finance Accounting - Automotive Industry

Wirehire; Bekasi; On-site; USD 50,000 - 100,000; Full time

Job summary

An established industry player in the automotive sector is on the lookout for a seasoned finance leader to drive strategic financial initiatives. This pivotal role involves overseeing financial planning, budgeting, and cash flow management while collaborating closely with senior leadership. The ideal candidate will possess extensive experience in finance within the manufacturing domain, particularly in electronics, and will play a crucial role in optimizing financial performance and mitigating risks. Join this dynamic team to contribute to impactful decision-making and foster a results-driven environment that values innovation and excellence.

Qualifications

• 15+ years of finance experience in manufacturing, especially electronics.
• Proven success in budgeting, forecasting, and cash flow management.
• Strong understanding of cost reduction and foreign exchange risk.

Responsibilities

• Collaborate with CEO on budgeting targets and KPI adherence.
• Develop cash flow projections and analyze potential challenges.
• Ensure compliance with financial regulations and accounting standards.

Skills

Budgeting

Forecasting

Cost Reduction

Cash Flow Management

Foreign Exchange Risk Management

Analytical Skills

Strategic Thinking

Communication Skills

Education

Bachelor's degree in Finance

Master's degree in Finance or related field

CPA or CMA certification

Tools

Financial Software

ERP Systems

Job description

Our client is a reputable and expanding manufacturing company within the dynamic automotive industry. They are committed to strong financial management and strategic planning to support their continued growth and operational excellence. They foster a collaborative and results-oriented environment where finance plays a critical role in achieving their business objectives.

Job Summary:

Our client is seeking a highly experienced and strategic finance leader to take on a senior role within their organization. This individual will be responsible for overseeing all aspects of financial planning, budgeting, costing, cash flow management, and cost reduction initiatives. The ideal candidate will possess a deep understanding of financial principles within a manufacturing environment, particularly within the electronics sector, and have a proven track record of driving financial performance and mitigating financial risks. This role will work closely with the CEO and other senior leaders to provide financial insights and guidance to support strategic decision-making.

Responsibilities:

• The successful candidate will collaborate with the CEO to establish budgeting targets for all departments and ensure adherence to departmental KPI targets.
• This individual will partner with the Sales Department on all projects prior to RFQ submission to review and approve costings before quotations are finalized. They will also actively participate in Value Analysis/Value Engineering (VAVE) projects with the Sales Department to identify and implement cost reductions.
• The role involves developing and maintaining robust cash flow projections that incorporate all project cash inflows and supplier cash outflows. This individual will analyze potential cash flow challenges proactively and propose solutions to optimize the company's cash flow position.
• Working closely with the CEO and HRD, the Senior Finance Manager/Director/CFO will establish and drive internal cost reduction initiatives with clear targets for Cost of Goods Sold (COGS) and Selling, General, and Administrative Expenses (SGA). This will be a key performance indicator for this position.
• This individual will proactively anticipate future currency fluctuations, particularly between USD and IDR, and work closely with banks to implement hedging strategies or other methods to minimize potential losses due to exchange rate differences. They will also develop and propose strategies to the CEO to improve the company's exposure to exchange rate risks.
• The role will require providing insightful financial analysis and reporting to senior management.
• This individual will ensure compliance with all relevant financial regulations and accounting standards.
• Depending on the specific title, this position may involve building and leading a high-performing finance team.
• The successful candidate will contribute to the overall strategic planning and decision-making of the company.

Qualifications:

• A Bachelor's degree in Finance, Accounting, or a related field is required. A Master's degree or relevant professional certification 1 (e.g., CPA, CMA) is highly preferred.
• The ideal candidate will possess at least 15 years of progressive experience in finance roles within a manufacturing environment, with significant experience in the electronics industry being a strong advantage.
• Proven experience in budgeting, forecasting, costing, and cash flow management is essential.
• Demonstrated success in identifying and implementing cost reduction initiatives is required.
• A strong understanding of foreign exchange risk management and hedging strategies is necessary.
• The successful candidate will possess excellent analytical, problem-solving, and strategic thinking skills.
• Strong communication, interpersonal, and presentation skills are crucial for this role.
• The ability to work effectively with cross-functional teams and senior leadership is required.
• Proficiency in relevant financial software and ERP systems is expected.