Our client is a highly dynamic and rapidly expanding diversified group of companies with a strong presence in Indonesia, managing a robust portfolio of both core holding operations and multi-sector subsidiaries. Known for its agile market expansion and strong corporate governance, the group drives large-scale strategic initiatives, asset optimization, and complex joint ventures. To support its accelerated trajectory, the organization focuses on institutionalizing financial excellence, securing structured corporate financing, and maintaining an optimized, integrated financial ecosystem across all its business entities.

The Head of Finance will oversee, strategically direct, and manage the comprehensive financial ecosystem of the group, encompassing both the holding company operations and its multi-sector subsidiaries. This pivotal role requires a seasoned financial leader to maintain absolute financial integrity, ensure strict regulatory and tax compliance, optimize liquidity, and aggressively secure corporate financing to support ongoing business expansion and strategic investments.

Key Responsibilities

1. Financial Planning, Management & Accounting

Holding & Subsidiary Oversight: Establish, monitor, and standardize robust accounting and financial practices, workflows, and internal controls across all business units and subsidiaries.
Financial Reporting: Oversee the preparation of accurate, timely, and consolidated financial statements (P&L, Balance Sheet, Cash Flow) in full compliance with local and international financial reporting standards (PSAK/IFRS).
Budgeting & Analysis: Lead the annual budgeting, rolling forecasting, and financial modeling processes. Analyze operational variances and provide data-driven insights to the executive board.
Performance Monitoring: Review and evaluate subsidiary financial performances regularly, identifying financial risks and operational inefficiencies.

2. Taxation Strategy & Compliance

Tax Management: Direct and manage corporate tax planning, structural compliance, and optimization strategies for the holding company and its subsidiaries.
Compliance: Ensure all local corporate income tax, VAT, and withholding tax filings are precisely managed, accurate, and submitted on time to prevent regulatory exposures.
Audit & Transfer Pricing: Manage relationship frameworks with external auditors and tax authorities; oversee transfer pricing documentation (TP Doc) and intercompany transactions within the group.

3. Treasury & Liquidity Management

Cash Flow Optimization: Centralize and manage the group's liquidity, optimizing working capital requirements, cash allocations, and fund movements between the holding entity and subsidiaries.
Risk Management: Manage financial risks, including foreign exchange (FX) exposures and interest rate fluctuations, utilizing appropriate hedging mechanisms where necessary.
Banking Relations: Maintain and nurture deep corporate relationships with primary banking partners, financial institutions, and cash management solution providers.

4. Corporate Financing & Capital Structure

Fundraising & Capital Strategy: Structure and secure diverse financing facilities (including bank loans, project financing, trade financing, or alternative capital options) to fund capital expenditures (CAPEX) and strategic corporate growth.
Deals & Agreements: Negotiate competitive interest rates, financial covenants, credit terms, and facility documentation with lenders.
Covenant Monitoring: Ensure strict monitoring and absolute compliance with all financial covenants attached to outstanding credit lines across the group.

Job Requirements

Education: Bachelor's or Master's Degree in Accounting, Finance, or a related discipline from a reputable institution. Professional qualifications (e.g., CPA, CA, CFA, or Brevet A/B/C) are highly advantageous.
Experience: A minimum of 15-20 years of progressive corporate finance and accounting experience, with at least 5 years in a senior leadership role (Senior Manager / VP / Head level) managing finance operations within a holding company or a diversified conglomerate ecosystem.
Technical Skills:

Deep expertise in financial modeling, corporate treasury networks, and large-scale corporate financing procedures.
Thorough knowledge of Indonesian tax regulations, PSAK, and corporate compliance structures.
Proficiency in enterprise-level ERP systems (e.g., SAP, Oracle).

Leadership & Soft Skills:

Strong business acumen with a consultative, solution-oriented approach to complex financial challenges.
Proven ability to communicate effectively with C-level stakeholders, bank directors, and regulatory bodies.
Strong team leadership capability to mentor and upskill finance teams across multiple subsidiaries.