Key Responsibilities
Day to Day Treasury Management
- Lead daily treasury operations including on time payment processing, Cash flow forecasting, liquidity management, and working capital optimization.
- Manage relationships with banking partners
- Develop and maintain treasury policies, controls, and governance frameworks.
- Monitor foreign exchange exposures and support hedging activities where applicable.
- Identify opportunities to reduce bank charges, transaction fees, and interest expenses through improved treasury structures and banking negotiations.
Accounts Payable Operations
- Oversee end-to-end accounts payable processes for store operations, mall vendors, marketing services vendors, logistics providers, and corporate suppliers.
- Ensure accurate and timely invoice processing, payment execution, and vendor reconciliations.
- Improve AP turnaround time, controls, and vendor service levels.
- Manage payment schedules while optimizing cash flow and maintaining supplier relationships.
- Lead month-end closing activities related to AP and Treasury.
- Ensure compliance with internal policies, tax regulations, and audit requirements.
Automation & Digital Transformation
- Drive implementation of host-to-host banking integrations to enable automated payment processing, bank statement retrieval, and reconciliation.
- Partner with IT, ERP teams, banks, and external vendors on system integration projects.
- Improve straight-through processing (STP) and reduce manual intervention across payment and reconciliation workflows.
- Develop dashboards and reporting automation for cash visibility, payment status, and treasury KPIs.
- Identify opportunities for process simplification & standardization
Risk Management & Controls
- Strengthen payment controls, authorization matrices, and fraud prevention measures.
- Ensure compliance with banking regulations, tax requirements, and company policies.
- Support internal and external audits related to treasury and AP activities.
- Maintain strong internal controls over cash management and payment processing.
Qualifications & Experience
- Bachelor's degree in Finance & Accounting
- Minimum 12-15 years of experience in Treasury
- Experience in retail operations preferred.
- Strong understanding of Indonesian banking systems and payment infrastructure.
- Strong understanding of cash flow forecasting, payment controls, and AP processes.
- Experience managing high transaction volumes in complex operational environments.
- Strong stakeholder management, problem solving, communication and leadership skills.
