Finance Manager
About the job
- A bachelor's degree in Accounting, Finance, or a related field is required; a master's degree is a plus.
- At least 8–10 years of experience in Finance, Accounting, and Tax, including at least 3–5 years at the managerial level.
- Strong experience handling the end-to-end finance function, including Accounting, Tax, Treasury, and FP&A.
- Proven experience in business controlling or commercial finance is mandatory.
- Strong knowledge of Indonesian tax regulations, including VAT, WHT, and Corporate Income Tax.
- Experience handling tax audits and liaising with tax consultants.
- Solid understanding of financial reporting, month-end closing, and statutory reporting.
- Experience in budgeting, forecasting, and financial analysis (FP&A).
- Strong knowledge of balance sheet reconciliation, accruals, and P&L analysis.
- Familiarity with inventory management, stock opname, and cost control.
- Experience managing AP, AR, and treasury/payment processes.
- Experience handling external audits and internal controls.
- Familiarity with SAP or other ERP systems.
- Fluent in written and spoken English.
- Ability to work under pressure and meet tight deadlines.
- Improve the quality of VAT monthly compliance, withholding tax, tax accounting, and corporate income tax, and ensure compliance with tax regulations.
- Liaise and coordinate with tax consultants for CIT calculations and support tax audits.
- Support data requirements for transfer pricing documentation.
- Manage bookkeeping and timely month-end closing, ensuring accurate reporting results.
- Manage profit centers, cost centers, and general ledger accounts.
- Submit monthly, quarterly, and yearly group and statutory reports on time.
- Conduct regular stock counts and liaise with warehouse and retail teams and other involved parties.
- Engage in benchmarking studies to identify potential operational improvements.
- Review company bottlenecks and recommend changes to improve overall company throughput.
- Monitor balance sheet reconciliation.
- Coordinate the annual audit process and liaise with external auditors.
- Monitor overheads, accruals, and realization.
- Reconcile AP for intercompany and local trade.
- Reconcile prepaid and advance payments and GRIR accounts.
- Prepare journal entries, send them to the COE team, and check general ledger balances after posting.
- Ensure setup of projects related to vendors, customers, inventory management interfacing, and other related areas.
- Monitor and coordinate accounts receivable and credit limits with the AR team.
- Review AP payments for processing, including withholding tax calculations.
- Review and coordinate with local banks on payment or financing facility documentation.
- Liaise with banks regarding updates to authorized signatories, agreements, and related matters.
- Prepare local statutory reports for Bank Indonesia (SIMODIS).
- Prepare quarterly local statutory reports (LKPM).
- Prepare management reports and external reports, including reports for BP.
- Coordinate with relevant teams on OI, claims, and related matters.
- Coordinate budgeting and forecasting with stakeholders on P&L building, monitoring, and control; provide data or reports to help teams improve profitability.
- Provide detailed P&L analysis and reports to the internal PUIG ID team.
- Experience in the FMCG, retail, or beauty industry.
About the company
LUXASIA operates as an omnichannel beauty brand-builder in Asia Pacific. It helps luxury beauty brands enter markets and grow by delivering integrated services across luxury retail, online commerce, consumer marketing and analytics, and supply chain management. The company works with a broad portfolio of over 100 brands and has joint ventures with major players like LVMH, Revlon, Puig, Shiseido, and Orveon to extend its reach. Its platform combines on-the-ground retail presence with digital channels and data-driven marketing to manage every step of a brand’s growth in the region. LUXASIA differentiates itself through its scale (15 markets and 2700 employees), deep regional expertise, and a full-suite, end-to-end service offering under one roof. The company's goal is to help luxury brands successfully enter Asia Pacific and expand their market presence, while providing opportunities for its people to grow and contribute as part of a collaborative team.
Company Size
501-1,000
Company Stage
N/A
Total Funding
$6.9M
Headquarters
Singapore, Singapore
Founded
1986
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Simplify's Take
What believers are saying
- 2026 awards in Malaysia, Vietnam, and Indonesia validate recent retail execution.
- New boutiques and concepts in Malaysia, Vietnam, and Indonesia show active door expansion.
- India luxury beauty demand is forecast to double by 2028, supporting brand onboarding.
What critics are saying
- Luxury beauty dependence leaves 90% of revenue exposed to brand-partner concentration.
- Localization in India is running late, threatening Fenty and Laura Mercier execution.
- Any major brand exit would damage LUXASIA's omnichannel model and partner credibility quickly.
What makes LUXASIA unique
- LUXASIA spans 15 APAC markets, serving 100-plus luxury beauty brands.
- It owns end-to-end capabilities: retail, ecommerce, consumer marketing, analytics, and supply chain.
- Its India and Southeast Asia localization wins attract brands like Creed, Fenty, and Chantecaille.
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Benefits
- Health Insurance
- Mental Health Support
- Training Programs
- Employee Discounts