Finance Manager

POSITION SUMMARY

modernvet is one of Indonesia's fastest-growing veterinary companies, redefining animal care with world-class facilities and services. The Finance Manager leads the full scope of financial management at modernvet, covering finance strategy and FP&A, commercial finance, finance operations, process and control, and finance systems. The role safeguards financial integrity and regulatory compliance while translating financial data into insight that shapes pricing, revenue growth, investment and new branch decisions. The Finance Manager also leads the ERP (Odoo) and RFID initiatives and builds a high-performing finance team. This role requires a commercially minded leader who can balance precision and compliance with the speed and adaptability that a growing multi-branch veterinary business demands.

KEY RESPONSIBILITIES

• Translate company strategy into the annual financial plan and financial model together with the CEO and leadership team.
• Lead the annual budgeting process and monitor financial performance against approved budgets.
• Develop and maintain monthly rolling forecasts for revenue, costs, headcount and cash flow, and update leadership on risks and opportunities.
• Prepare cash flow forecasts and plan funding needs for operations, capital expenditure and new branch openings.
• Manage and analyze Profit & Loss (P&L) performance, ensuring alignment with company financial targets and strategic objectives.
• Conduct regular variance analysis between actual results and budget, and recommend corrective actions and cost optimization.
• Analyze profitability by branch, service line and product, including trends in cost structure, margins and inventory.
• Prepare business cases and investment analysis (capex, new branches, new services) to support strategic decisions.
• Prepare financial reports, dashboards and presentations for management, investors and board members.

• Partner with Operations, Marketing and Medical leaders to drive revenue growth and margin improvement.
• Lead pricing analysis and regular pricing reviews for services, medicines and retail products based on cost structure, market benchmarks and target margins.
• Review and establish product and service strategies based on target margin requirements and overall profitability considerations.
• Develop Revenue Growth Management (RGM) analysis covering price, service and product mix, packages, promotions and membership programs.
• Evaluate commercial spending (promotions, discounts, partnership programs, supplier rebates and marketing campaigns) and measure the return on each investment.
• Track commercial indicators such as average transaction value, revenue per patient, discount rate and margin by category, and recommend actions to branch and commercial leaders.

• Oversee end-to-end finance operations, including accounts payable, accounts receivable, billing, payments and reimbursements.
• Manage working capital (receivables, payables and inventory days) to maintain liquidity and reduce cash tied up in operations.
• Oversee treasury and cash management, including daily cash position, cash flow planning, fund placement and interest earnings.
• Manage banking relationships, banking facilities and financial transactions.
• Enforce reimbursement and payment policies and oversee urgent payments.
• Drive business process improvement, standardization and automation across finance, procurement and inventory operations.

• Lead monthly book closing, approve transactions and resolve discrepancies.
• Ensure compliance with applicable accounting standards and tax regulations, including the preparation and review of annual Corporate Income Tax (PPh Badan) obligations.
• Coordinate with external consultants for accounting records, bookkeeping and financial reporting, and with the tax compliance vendor for tax reporting and taxation advisory matters.
• Design, implement and maintain a robust internal control framework, including approval authority limits, to mitigate financial and operational risks.
• Conduct regular reviews of financial processes to identify control gaps and implement improvements.
• Liaise with external auditors and ensure audit readiness throughout the year.
• Develop and enforce financial policies, SOPs and governance standards across the organization.

• Lead finance-related ERP projects (Odoo), including implementation, integration and enhancement, as well as the RFID inventory initiative.
• Define project scope, timeline, budget and resources, and report progress and risks to management.
• Translate finance and business requirements into system design together with IT, vendors and business users.
• Coordinate user acceptance testing (UAT), data migration, go-live and user training across head office and branches.
• Maintain data accuracy, system access controls and automated reporting within the ERP.

• Oversee the end-to-end procurement process, ensuring purchases align with budgets and company policies.
• Evaluate and manage vendor relationships to ensure competitive pricing, quality and reliable delivery.
• Review and approve purchase orders and vendor contracts in accordance with approval authority limits.
• Drive cost optimization through negotiation, vendor consolidation and process improvement, and ensure a proper audit trail for all procurement transactions.
• Oversee end-to-end stock management and monthly stock opname, analyze the results and follow up with action plans.
• Prepare inventory for new branches, balance stock via inter-branch transfers and review branch item requests to suppliers.

• Lead and mentor the finance team, ensuring smooth operations and team development.
• Support branch launches and cross-functional projects with financial input.
• Collaborate with IT, Marketing and Operations to improve financial systems and processes.