Finance Associate

https://bappebti.go.id/pialang_berjangka/detail/935

Position: Finance & Admin Executive

Salary: IDR 7,000,000 (USD 425) - IDR 9,000,000 (USD 545)

Position Summary

Reporting to the Director, the Finance and Accounting Manager is responsible for managing the day-to-day finance and accounting operations, including entering journals, managing accounts receivable and payable, and other select finance-related administration.

Major Duties & Responsibilities

1. Financial Reporting & Compliance

* Prepare monthly, quarterly, and annual financial statements in accordance with PSAK and Bappebti regulations.

* Ensure timely submission of financial reports to regulatory bodies (e.g., Bappebti, OJK, Bank Indonesia).

* Maintain compliance with capital adequacy requirements (e.g., minimum paid-up capital and equity thresholds for SPA providers and participants).

* Oversee financial risk exposure, including margin adequacy for open positions (e.g., 200% of initial margin as per Bappebti rules).

* Collaborate with the Risk Management team to ensure compliance with margin calls and equity requirement.

2. Cash Flow & Treasury Management

* Monitor daily liquidity and variation margin from trading

* Oversee margin deposit flows ensure timely fulfillment of clearing obligations.

* Manage bank reconciliations, fund transfers, and liquidity planning to support trading operations.

3. Audit & Internal Controls

* Coordinate with internal and external auditors during financial audits and regulatory inspections by JFX, Bappebti, OJK or Bank Indonesia.

* Manage and verify reimbursement claims, ensuring compliance with internal policies and supporting documentation.

* Review, process, and monitor payment requests for operational and administrative expenses, coordinating with relevant departments for timely disbursement.

* Maintain accurate records of outgoing payments and support monthly reconciliation and audit readiness.

* Implement and monitor internal controls to ensure financial integrity and prevent fraud.

4. Member Liaison & Financial Coordination

* Oversee generation of client financial statements, margin reports, and transaction summaries.

* Liaise with members to coordinate the calculation of profit and loss (P&L) and applicable interest rates.

* Ensure timely and accurate communication of financial data to support settlement, reporting, and compliance processes.

Essential Qualifications

* Accounting or Business Management (Finance) Degree

* At least 5 years Finance experience, accounting and/or reporting

* Proficiency in Microsoft 365 applications (i.e., Outlook, Word, Excel, etc.) with expertise in Excel required.

* Sound knowledge of accounting principles, standards, and regulations.

* Experience overseeing the annual audit.

* Familiarity with Indonesian tax regulations and payment procedures, including e-Bupot, e-Faktur, and monthly/annual tax reporting (e.g., PPh 21, PPh 23, PPN).

* Good attention to detail

* Good planning and organizational skills

* Good time-management skills

* Ability to resolve problem and queries quickly and eaiciently

* Good written and verbal communication skills in English and Bahasa Indonesia