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 and 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.