Check and monitoring day to day general accounting activities, implement tax regulations, customs regulations and financial accounting systems, including legal compliance as applicable in Indonesia in order to support all accounting activities, including providing benefits for companies through schemes that have been set by the Ministry of Finance. Get the Solution for any problem in FICO module in SAP.
- Job Accountabilities
- Sales & Purchase Accounting
- Receivable Accounting : Responsible for timely and correct accounting of Sales, Receivables from customers and Selling expenses
- Selling Expenses: Ensure that the expenses (Freight charges, Commission on Sales, etc.) are made in line with the agreements and contracts.
- Analyze Expenses to control the cost.
- Debtor control: Continuous monitoring of dues outstanding from local & export customers.
- Review of long over dues with Marketing Department.
- Purchase Accounting and Payable control: Ensure that purchases are accounted for and payments are made timely to suppliers.
- Audits Management
To ensure correctness and accuracy of accounting transactions; so monthly and annual financial statements refer to the accounting standards applicable in Indonesia, also update with the New PSAK such as PSAK 71 to 73
- To ensure Finalization of Monthly/ Yearly books of account as per the Indonesian Accounting standard.
- To Ensure Finalization of Annual Audited Balance Sheet
- To arrange for Accounts audits and provide Clarifications as requested.
Provide quarterly financial statements, and provide the data needed by the External Auditor to be able to complete the company's annual financial statements on time, so company's annual tax report also not late
- Secretarial Functions
- Comply with Articles of association
- Prepare minutes of the Board Meeting, Annual General Meeting
- Prepare other documents as required for compliance and maintain records.
- Legal & Statutory Compliances
- Liaising with various govt department like custom, BI, Income tax and Ministry of Trade etc
- Management of company licensing from OSS system (Additional Permit to produce samples)
- To Arrange New Groundwater Business Permit Ministry of Energy and Mineral Resources
- Submit quarterly reports to BKPM & SIINas
- Submit monthly report to BPS (Central Statistics Agency)
- To ensure legal compliances related to custom Laws & regulations
- Bank & Treasury
Explore viable alternative to the existing banks to process our Export/Domestic rupee bills with reasonable pricing for discounting and realization of Proceeds.
- Explore viable alternative to shift to other banks to open our Import LC with reasonable pricing.
- Submitting the data needed by the Public Appraisal Service Vendor, this appraisal report is required by the bank for collateral
- Submit data report which needed by the bank
- Perform monthly cash op name for petty cash
- Make sure all the vendor payment will transfer with the same bank to reduce the banks charge
- Signing for bank approval both payment and applying for facilities
- To ensure that the interest/bank balance/ entered in SAP are correct
- To ensure that the bank reconciliation and forex entry in SAP are correct
- People Development
- Train and develop the reporting team members for multiple-skills through regular training programs.
- Responsible for implementation of initiatives under the Element “ Information and systems”
Approaching the team to have an attitude of "sense belonging and full of responsibility" and have a positive effect in working is done wholeheartedly and responsibly, and has high initiative to work as a team
Customs & Tax Law Compliance
Ensuring that customs reports refer to PER-19/BC/2018, in order to maintain the green zone so that local sales and material entrance are directly approved by Customs without any delay
Maintain SAP IT Inventory reports requests by customs refer to PER-19/BC/2018
Provide an explanation by presenting the document SAP tracking from the receipt of raw materials until dispatch the yarn and submit the data needed by the customs which is an absolute requirement for ILT to be able to use the conversion price for local sales to Non-Facility Recipient Companies (TLDDP) using customs document BC.25
On time submitted for In house/audited FS to customs regional office Bandung (Monthly, quarterly, semester and annual)
To Ensure and implement all transactions at ILT in compliance with customs and taxation laws through the Regulations of the Minister of Finance
Manage and ensure that all payment and refund transactions are processed before the due date to avoid tax penalties (deposit of Taxes & Duties/ monthly tax returns & reports/Payroll taxes/VAT returns
- To finalize & submit Annual corporate tax, VAT & Withholding taxes
- To finalize, submit and Maintained Corporate tax audit before due date
- Checking all the payment voucher before release the payment
To Make sure all the tax calculation already correct base on the tax regulation which now on always getting update specially for the core tax system
- To ensure all the tax report / calculation on corporate system are based on the minister of finance regulation (Wht, VAT, Dgt, etc.)
- Monthly / Yearly Closing Sales & Purchasing Accounting
- To ensure SAP processes for Monthly & Yearly closing going smoothly
- To ensure all the clearing account BS and PL booked as per Indonesian accounting standard
- Ensure all the expenses, service charge, inland and freight charges, commission, insurance and etc. are pay base on the contract/agreement
- Responsible for timely and correct accounting of Sales, Selling expenses
- Monitoring billing with the correct quantity and amount between good issue from go down and billing by accounting team
- Transfer asset and maintaining prepaid account and amortizations
- Responsible for gr/ir clearing and accrued account to be clear include Advance Payment
- Ensure that purchases are accounted for and payments are made timely to suppliers.
- Make sure all the SAP entry refer to accounting standards applicable in Indonesia