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General information

All posting locations: Jakarta, , Indonesia

Job Function: 03 - Finance

Department: 03 - 09 - Treasury- Investor Relations- and Cash Management

Date Published: 18-Jan-2021

Job Type: Regular

Description & Requirements

Working Capital

1. Responsible for closing the Accounts Receivable (aging and position)- insurance receivable- provisions for bad debt receivables (liaise with commercial team)- including reconciliation for receivables ledger and sub-ledger

2. Perform analysis on Operating Cash Flow and Net Income to obtain visibility of occurred transactions and provide insights whenever possible

3. Provide the deep dive analysis and exercise on Working Capital to help Business Partners (S&OP- Procurement- Sales Finance- and Supply Chain Finance) to make decision- with examples as following:

  • How much materials to be purchased or product to be made- to maintain healthy stock of goods?
  • How many months of purchase that our prepayment can cover?
  • How much dividend to be paid based on current year performance?

4. Prepare detailed reports to support analysis as below:

  • Updating receivables forecast and actual based on information from commercial team (sales and collection)
  • Prepare and ensure inventory (balance) movement is reasonable to be used for reports; with detailed analysis on the cause of the movement by category- which are driven by sales/production/purchase
  • Update financial figures number in MPR and MFR and make sure all the actual financial figures is tied up to management report from Controlling Department
  • Collect- provide- and reconcile data for monthly report (Performance Deck and Forecast) as well as weekly report to management

5. Assist in preparation and data collection for forecast cycle (monthly)- actual performance- and AOP (annually)

6. Prepare weekly analysis on Receivables to provide information for Head of Treasury in order to obtain better understanding in ongoing collection

7. Prepare monthly report to BOD and Sales Leaders in regards of outstanding Receivables

8. Perform analysis on Forecast and Actual Working Capital Performance and prepare the materials to be presented to International HQ and ASIA.

Financial Reporting

  • Assist with preparation of forecast cycle (monthly)- 2H target (mid-year) and AOP (annually) for working capital- below EBITDA items- and OFCF
  • Preparation and data gathering for routine report preparation- including but not limited to: (1) working capital closing report; (2) Accounts receivable aging position; (3) MPR; (4) MFR

Equal Opportunity Employer–minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity