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Finance Controller

Job Overview


About Us
Fonterra is a global dairy nutrition cooperative owned by 10,500 farmers and their families, united by a fundamental belief in the power of dairy to make a positive difference. We are the dairy co-operative behind some of Indonesia’s favourite dairy brands – Anlene, Anmum, Anchor and Anchor Boneeto.
As the world’s leading dairy exporter and milk processor, Fonterra employs 22,000 people worldwide. A vast network of offices and sites provides diverse career opportunities – including right here in Indonesia.
Our purpose is to inspire families to get the most of their lives through trusted dairy nutrition for a stronger, healthier and happier Indonesia. Every day our local team of more than 290 people are working hard to deliver the world’s best dairy nutrition to Indonesia, and we’ve been following through on this commitment for the past 36 years.
The Opportunity
The Finance Controller will be responsible for all aspects of corporate, compliance, financial and accounting functions including accounting, treasury, cash management, legal, internal controls and statutory matters for both the legal entities and is responsible for producing accurate financial and management accounts.
The role is primarily responsible for but not limited to:
Financial accounting & reporting
  • Develop and maintain timely and accurate financial statements and reports that are appropriate for the users in accordance with GAAP/ IFRS;
  • Develop, implement and ensure compliance with internal financial and accounting policies and procedures;
  • Ensure that all statutory requirements for the company are met in a timely manner including collaboration with tax department for VAT, Withholding Tax & Corporate Income Tax;
  • Document and maintain complete and accurate supporting information for all financial transactions;
  • Develop and maintain systems and processes for cash management, inventory control, accounts payable, accounts receivable and credit management;
  • Reviewing bank reconciliations and managing cash flow including optimisation hedge option;
  • Manage and review cash flow forecasts on a regular basis.
Process Improvement, Efficiency and Governance
  • Ensures the credibility of the results maintained in the General Ledger used for internal and external reporting purposes by streamlining processes, improving controls and ensuring adequate audit trail supported by automated systems;
  • Reduce output time of deliverables to ensure timely data for decision making by stakeholders;
  • Provide business unit comprehensive view of its cash conversion cycle and its working capital needs and participate in driving the working capital improvement initiatives, maximising cash flow and delivering operational efficiencies;
  • Using the zero-based approach for budget prepared the annual budget especially for SGA by partnering with the Commercial Finance Team.
Stakeholder Relationship Building, Networking and Management
  • Educate all business stakeholders in terms of policies, procedures & risk management for the company;
  • Respond to queries in a timely manner (both Internal & external).
Leadership & People Development
  • Build a high performing energetic team;
  • Ensure that the company has robust systems, procedures & processes in place and help drive a continuous improvement culture.
  • Act as the custodian for all legal contracts executed on behalf of Fonterra;
  • Conduct necessary due diligence to ensure Fonterra Group standards are met by partnering jointly with Group legal team and local law firm.
About you
To be considered for this role you should possess:
  • Degree in Accountancy minimally with preference for qualified ACA/ACCA holders;
  • Minimum 3-4 years in financial controllership function with prior external audit experience with Big4 Audit firms;
  • Knowledge of financial management principles and the ability to apply that knowledge in a complex business environment;
  • Knowledge of Indonesian Tax Laws (Direct + Indirect);
  • Solid Team Player & with a hands-on approach.
If you have an eye for detail, are passionate about making a difference, are all about working collaboratively with a high-performing team and enjoy developing clear effective outputs then this is a role for you. Bring your natural ability to add value, get buy in and deliver to business needs to the table.
Take the opportunity to make a difference to millions of lives. We provide nutrition to over a billion people in more than 100 markets, and this would not be possible without our people. Signal your interest and develop your career with Fonterra!
Job Detail
  • IndustryConsumer Goods
  • Career LevelManager
  • ExperienceMin 7 Years
  • QualificationS1
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