Position Summary
The Finance is fully responsible for overseeing the overall financial management of Masagi Hospitality, including financial recording and reporting for all business units (Waterpark, Restaurant, and Cottage), employee payroll management, cash flow control, and the preparation of accurate and timely financial reports to support management decision-making.
Key Responsibilities
Financial Recording & Reporting – Business Units
- Record all financial transactions, including income and expenses, for each business unit: Waterpark, Restaurant, and Cottage, both separately and on a consolidated basis.
- Prepare monthly financial statements, including Profit & Loss, Balance Sheet, and Cash Flow Statements, for each business unit and the consolidated group.
- Conduct daily reconciliation of cash, bank accounts, and revenue from each business unit, including waterpark ticket revenue, restaurant cash receipts, and cottage revenue.
- Ensure that all supporting financial documents, including invoices, receipts, and payment records, are properly documented and systematically archived.
- Monitor and report budget variances (Budget vs. Actual) for each business unit.
Payroll Management
- Calculate and process salaries, allowances, overtime, bonuses, and other employee compensation for all employees across all business units during each payroll period.
- Manage the calculation and deduction of employee income tax (PPh 21), BPJS Ketenagakerjaan, and BPJS Kesehatan in accordance with applicable regulations.
- Ensure that salaries and other employee entitlements are paid accurately and on time.
- Prepare and distribute payslips and respond to employee inquiries related to payroll.
- Maintain and regularly update employee information relevant to payroll calculations and administration.
General Financial Management & Internal Controls
- Manage the company's overall cash flow, including forecasting operational funding requirements.
- Manage Accounts Payable (AP) and Accounts Receivable (AR), including vendor/supplier payments and collection of outstanding receivables.
- Prepare and monitor operational budgets for each business unit in coordination with Management.
- Implement and maintain internal controls over expenditures, including the application of an approval matrix for financial transactions in accordance with the authority limits stipulated under Article 5 of the Agreement.
- Maintain the integrity of the dual-control verification process for payments to new or previously unverified bank accounts or counterparties.
External Coordination & Compliance
- Coordinate with tax consultants, external auditors, banks, and other relevant external parties as required.
- Ensure the company's compliance with applicable tax obligations, including monthly and annual tax reporting and payments.
- Provide financial analysis, recommendations, and insights to the Director/CEO to support business and strategic decision-making.
Work Location & Working Arrangement
- Bandung - Hybrid
- The position operates under a hybrid working arrangement, with a requirement to attend or conduct on-site visits to the business units (Waterpark, Restaurant, and/or Cottage) for a minimum of four (4) working days per week.
- The remaining working days may be performed remotely, provided that the Finance remains accessible and fully responsible for completing assigned tasks within the required deadlines.
- The schedule for visits to each business unit will be coordinated with Management based on operational requirements and financial reporting/payroll periods.
Targets & Key Performance Indicators (KPIs)
- Monthly financial reports for each business unit are completed and submitted within the deadlines established by Management.
- Payroll is processed and paid on time, with a high level of accuracy in all calculations.
- Full compliance with applicable tax and BPJS obligations, with no delays in reporting or payment.
- Accurate financial records and proper reconciliation of cash and bank balances for each reporting period.
- Effective budgetary control, demonstrated by minimal unexplained variances between budgeted and actual results.
- No violations of the authority limits stipulated under Article 5 of the Agreement during the evaluation period.
General Qualifications
- Minimum Bachelor's degree (S1) in Accounting, Finance, or a related field.
- Must Stay and located in Bandung area
- Proven experience in finance/accounting, preferably with experience managing multiple business units or working in the hospitality, F&B, leisure, or related industries.
- Strong understanding of basic accounting principles, taxation (including PPh 21), BPJS, and payroll processes.
- Proficient in accounting software and spreadsheet applications, particularly Microsoft Excel.
- Detail-oriented, honest, trustworthy, and capable of maintaining the confidentiality of company financial information and employee data.
- Able to work independently while effectively coordinating with teams across multiple business units.