Job Code	:	T20250300001
Education Level	:	S1 / Bachelor Degree
Department	:	Finance
Type	:	Current Period

JOB ROLES

• Develop and implement a treasury management plan and strategy aligned with the company's business objectives, project targets, and payment term forecasts. Evaluate and control cash flow status, cost expenditures, and surplus funds to ensure efficient and effective treasury planning and cash management.
• Manage the payment schedule, including the Accounts Payable (A/P) aging schedule, and ensure the completeness of required documents and administrative processes. Control and evaluate disbursement payments for both corporate and project activities, making adjustments to the payment process where necessary and addressing any payment issues that arise. Ensure payment performance aligns with planned targets and complies with SKK Migas and Bank Indonesia regulations, as well as company policies and procedures.
• Review financial risk assessment and analyse potential financial risk for projects activities. Develop and monitor financial risk management indicator to optimize loan utilization, minimize possible financial risks, and ensure the smoothness of corporate and project funding activities.
• Manage petty cash and cash in bank accounts. To coordinate and control petty cash transactions and to provide daily reporting on the balance of petty cash and cash in bank accounts on daily basis against accounting data and statement.
• Manage the reconciliation of petty cash and cash in bank accounts in accordance with company’s policy and procedures; to ensure petty cash and cash in bank complies with company policy and procedures.
• Monitor and control cash position/cash flow status, available fund and Cash Call. Coordinate the acquisition of funds including drawdown instructions to lenders when funds are required, according to the financing plan and manage the surplus fund investment/ distribution based on company policy and procedures. Coordinate, monitor and prepare internal and external finance reports for cash position/cash flow and to ensure a well-managed cash flow utilization.
• Coordinate and monitor bank accounts including opening/closing and the security account implementation; monitor and evaluate reconciliation with related counterparties and to ensure implementation of bank account security procedures in line with company policy and procedures.
• Oversee and monitor the treasury management under Trustee Borrowing Scheme (TBS) and to ensure all fund flow including loan borrowing, repayment, and disbursement activities comply with the requirements and regulations related to TBS.
• Negotiate with financial institutions and oversee market operations, including foreign exchange (FX), time deposits, and derivatives. Administer guarantees, manage project finance (PF) covenants, and ensure compliance with PF contracts.
• Lead the deployment, integration, and ongoing optimization of the Treasury Management System (TMS) to enhance the efficiency of treasury operations. This role involves collaborating with cross-functional teams to ensure seamless integration with ERP systems and banking platforms, automating processes such as cash flow forecasting, payments, and reconciliations, and ensuring data integrity and compliance. The Treasury Manager also acts as the primary liaison with TMS vendors, provides training to internal teams, and generates insightful reports to support liquidity management and financial decision-making.
• Prepare regular cash flow forecasts (daily/monthly and as required) to meet funding and distribution requirements.
• Conduct financial risk assessments, analyze potential funding risks of project activities, and ensure efficient cash management in compliance with all relevant regulations and agreements.

QUALIFICATIONS

• Bachelor degree in Finance, Accounting, or Economics.
• Tertiary degree in Finance & Accounting is preferred
• Preferably, a minimum of 15 years with at least 8 years in Financial and/or Banking Industry, or finance section in the Oil and Gas industry.

Discipline:

Finance & Accounting

Posting Date

:

12 March 2025