Finance AP Manager

Job updated 8 months ago

Job Description

  • Lead and manage daily financial management (Treasury & Money Disbursement).
  • Manage Cash Flow Projection and create a weekly payment plan for OPEX & CAPEX.
  • Ensure the effectiveness of the company's account payable SOP.
  • Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, efficient control, and utilization, including analysis of business unit division costs.
  • Verify that the P&L is accurate (i.e., costs are properly matched to revenue bookkeeping and recorded in the proper accounts) and statements are delivered to appropriate individuals in a timely manner.
  • Monitor and control the financial performance of the business unit, identify areas of risk, and propose solutions to mitigate those risks.
  • Lead, inform, and/or update executives, peers, and subordinates on relevant information in a timely manner.
  • Collaborate with the FP&A Team to ensure all expenses disbursements are in accordance with the budget, Provide analytical support during budget reviews to identify cost-saving and productivity opportunities.
  • Collaborate with other departments, external partners, and non-financial partners to assist in growth and business opportunities, as well as to develop profitability. Manage and review advances and settlement advances.
  • Conduct R&D improvement for the Finance Team (create an effective dashboard that helps track and analyze key performance indicators in the AP department).
  • Assist VP Finance in providing oversight over the daily Finance-related regulatory reporting process to ensure timely and accurate submission of regulatory reports, surveys, and disclosure requirements.
  • Assist VP Finance in providing data for due diligence & audit processes.
  • Assist with ERP process implementation and other ad hoc projects required by VP Finance.

    Requirements

    • Bachelor's Degree (or equivalent) in Finance, Accounting.
    • Knowledge of economic and accounting principles and practices, P&L statements, operating budgets, forecasting and scheduling.
    • Familiarity with Indonesian Generally Accepted Accounting Principles (GAAP) and tax regulations to ensure compliance and accurate financial reporting.
    • 8-12 years of financial reporting experience, preferably with experience working as a Finance Accounting Manager in SaaS Technology/Startup.
    • Proficiency in accounting software/ERP systems used for AR and AP management, such as SAP, Oracle, or other similar platforms, along with strong computer skills, including proficiency in G Suite, data analysis, and reporting.
    • Strong Excel skills, especially in creating dashboards.
    • Detail-oriented, independent, hands-on, results-oriented, with excellent communication and presentation skills.
    • Experience in Audit, preferably with a Big 4 firm.
    • Fluent in English.
    • Management of Financial Resources: Determining how money will be spent to get the work done and accounting for accurate bookkeeping of these expenditures.
    • Analytical/Critical Thinking: The ability to gather and organize information using a logical and systematic process, recognize patterns and relationships in complex data, examine data to identify implications and problems, draw appropriate conclusions, generate alternative solutions to problems, evaluate strengths, weaknesses, and consequences of alternative solutions and approaches to solving problems.

    Interview process


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    8 years of experience required
    Managing 5-10 staff
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    About us

    Privy, formerly PrivyID, is revolutionizing the way people are identified in cyberspace and the way the online transaction is carried out. We believe that Trusted Identity and Digital Signature are the foundations of a healthy online transaction ecosystem. Led by Marshall Pribadi as the CEO who is listed in Forbes 30 Under 30 Asia and an Endeavor Entrepreneur, Privy is growing so fast by having 37 million users and 1.800 enterprise customers in six years.

    Privy is listed as a Certification Authority (CA) under Indonesia's Ministry of Communication and Information Technology to issue electronic certificates with the highest level of verification (level 4). Privy has a Cooperation Agreement with the Directorate General of Population & Civil Registration to support identity verification services in issuing and using electronic certificates and is listed in OJK as Digital Financial Services Innovation, e-KYC cluster.

    Privy obtained ISO 27001:2013 certification in Information Security Management Systems and has gained numerous accolades such as Forbes Asia 100 to watch 2021, part of Google for Startup Accelerator: Indonesia 2021 cohort, The Most Promising Fintech 2017 by Danamon Bank, and the winner of fintech category at 2017 Echelon Asia Summit Singapore.

    Privy has raised US$ 48 million from Series C financing round led by a leading global investment firm KKR & Co. Inc. and our other notable investors are Singtel Innov8, MDI Ventures, GGV Capital, Telkomsel Mitra Indonesia (TMI), Bank Mandiri, Gunung Sewu Group, Mahanusa Capital. We have a very energetic and healthy working cultures with surprising and fun working place. We have our private badminton court, basketball court, mini theatre, coffee bar with trained baristas, and super cool 84-inch Surface Hub. We provide an exceptional supports and rewards to your innovation in which sky is not even the limit.



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