[Replacement] Head of Finance and Accounting

Job Overview:

The Head of Finance and Accounting will be responsible for leading the financial strategy and operations of the company. This role ensures financial integrity, compliance with regulatory standards (OJK, PSAK, IFRS), and the optimization of financial performance. The ideal candidate has deep experience in insurance finance and accounting, with strong leadership and strategic planning capabilities.

Key Responsibilities:

1. Financial Strategy & Leadership

• Lead the development and execution of financial strategies aligned with corporate goals.

• Provide financial insights and recommendations to the CEO and executive leadership.

• Oversee budgeting, forecasting, and long-term financial planning.

2. Financial & Management Reporting

• Ensure timely and accurate financial reporting in accordance with local (PSAK) and international standards (IFRS).

• Deliver monthly, quarterly, and annual financial reports to internal stakeholders and external regulators (e.g., OJK).

• Present financial performance analyses and KPI dashboards to the board.

3. Accounting Operations

• Oversee day-to-day accounting functions including GL, AP/AR, and reconciliations.

• Maintain internal controls to safeguard company assets and ensure proper accounting procedures.

• Monitor cash flow, treasury, and investment activities.

4. Regulatory & Tax Compliance

• Ensure full compliance with tax regulations and coordinate with tax consultants as needed.

• Liaise with auditors, regulators (OJK, BI, MoF), and other external parties.

• Manage audits, both internal and external.

5. Insurance-Specific Finance Functions

• Handle reserving, claims provisioning, and actuarial collaboration.

• Monitor solvency and capital adequacy ratios.

• Ensure proper handling of premium income, underwriting reserves, and claims payments.

6. Team Leadership

• Lead and develop the Finance & Accounting team, setting clear goals and performance metrics.

• Foster a culture of accountability, collaboration, and continuous improvement.

Requirements:

• Bachelor’s degree in Finance, Accounting, or related field (Master’s or CPA/CA preferred).

• Minimum 10 years of finance/accounting experience, with at least 5 years in a leadership role in the insurance sector.

• Strong understanding of PSAK, IFRS, and insurance-specific financial regulations (e.g., OJK reporting).

• Excellent analytical, strategic thinking, and decision-making skills.

• Proven leadership and stakeholder management experience.

Preferred Skills:

• Familiarity with insurance core systems and ERP (e.g., Oracle, SAP).

• Experience in both life and general insurance is a plus.

• Strong communication skills in both English and Bahasa Indonesia.