Chief Financial Officer (Indonesia)

EXPONENT GLOBAL CONSULTING PTE. LTD.; Singapore; On-site; SGD 120,000 - 200,000; Full time

Job summary

A leading retail group is seeking a Chief Financial Officer based in Jakarta, Indonesia. The successful candidate will lead financial operations, support business growth, and oversee compliance. Candidates should have 20 years of experience with at least 3 years as a CFO, a degree from a premier university, and strong leadership skills in the retail sector. The role requires fluency in English and may benefit from knowledge of Bahasa/Malay.

Qualifications

• 20 years of work experience with 3 years in a CFO role.
• Experience in B2C retail and distribution, preferably in fashion.
• Fluency in English, knowledge of Bahasa/Malay is advantageous.

Responsibilities

• Direct finance affairs including budgeting and accounting practices.
• Support Country CEO for business growth and analytical reporting.
• Restructure finance teams and ensure compliance with policies.

Skills

Leadership

Financial management

Change management

Communication

Presentation skills

Education

Degree in Accounting/Business from a premier university

CA/CPA or equivalent

Job description

The Employer

The Employer is a large retail house with strong presence in several countries in Asia. The highly successful Group operates both franchise operations for top-tier global brands as well as its own brands in fashion and food segments. For its Indonesia business, it is interested in bringing a dynamic new CFO to lead finance and related functions and support the Group management in driving the growth of the company.

Position

Chief Financial Officer (Retail)

Job Code

EXP/CFO/RET/TH/1125

Location

Jakarta, Indonesia

Responsibilities

The selected candidate will be a key business partner to the Country CEO will direct the financial affairs of the company, including its financial plans and budgets, accounting practices including internal controls, the conduct of its relationships with financial institutions, the maintenance of its fiscal records, and preparation of financial reports.

a. Business Support

Support Country CEO and business teams to seek top line growth/bottom line improvements (sales review, finance solution, etc.); Review forecasts and performance at management meetings; Provide analytical support and recommendations; Provide regular reports to global HQ on financial and operational parameters.

Coordinate and direct the preparation of budget and financial forecasts. Lead analysis and interpretation of accounting information in order to evaluate operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the company, driving periodical review and follow up action plan on budget/forecast deviation.

b. Finance Operations & Compliance

Restructure the finance team and processes/systems to ensure compliance with corporate accounting policies and procedures, maintenance of an effective system of internal control and oversees compliance with those controls, continuous monitoring to ensure compliance and improve operating efficiency; Oversee accounting, monthly closing, internal & external reporting and audit; Define workflows and roles in the finance department, coach and train finance staff.

c. Treasury and Cash Flow Management

Ensure banking relations are well-established and closely managed. International Trade Finance, Local currency and Forex requirements are well managed. Approval procedures are well developed and robust; Cash flow forecasting, AP, AR, GL operations are well managed and comply with the country's GAAP.

Requirements

Ideal candidates will have:

• About 20 years of work experience, of which the last 3 years should be in a similar position
• Degree in Accounting/Business from a premier university and CA/CPA, or equivalent
• Strong exposure to B2C retail, sales and distribution businesses, preferably in apparel, footwear, fashion and similar products
• Prior work experience in SE Asia
• Ability to drive change at process as well as organization levels. Ability to drive and motivate the team, set up performance improvement plans to enhance capabilities and get the best output, and push for greater adoption of technology.
• Ability to set up new systems, policies and procedures.
• Strong skills in managing external relations (bankers, auditors, tax consultants, legal counsel etc.)
• Detail driven, high integrity, business savvy. Ability to influence and negotiate
• Strong presentation and reporting skills.
• Fluency in English. Good written and oral communication skills.
• Knowledge of Bahasa/Malay will be advantageous