Head of Finance (Manufacturing, Malang)

Malang City Permanent View Job Description
We are seeking a hands-on finance professional to establish manufacturing financial planning, forecasting and costing processes from the ground up. Reporting directly to the CFO, you will develop reliable financial models and management reporting to improve cost visibility and support strategic decision-making.
  • Build manufacturing forecasting, costing and financial reporting from the ground
  • Join a growing F&B group with restaurant operations and manufacturing facilities

About Our Client

Our client is a growing Indonesian food and beverage group with an established restaurant network and in-house manufacturing facilities. The business is focused on strengthening its financial planning and reporting capabilities to support operational efficiency and sustainable growth.

Job Description

Key Responsibilities



  • Develop and establish manufacturing budgeting, forecasting and financial planning processes from the ground up.


  • Build financial models to forecast manufacturing costs based on production volume, raw material prices, labour, overheads and operational assumptions.


  • Establish product costing frameworks, including standard costing, bill of materials (BOM), production yield, wastage and cost allocation.


  • Conduct actual-versus-budget and forecast variance analysis to identify cost drivers, inefficiencies and opportunities for improvement.


  • Analyse manufacturing cost structures and profitability to support cost optimisation and operational decision-making.


  • Develop structured management reports, dashboards and financial performance updates for the CFO and Board of Directors.


  • Collaborate with internal teams, including accounting, production, procurement and supply chain, to gather data, validate assumptions and improve financial visibility.


  • Establish consistent financial reporting processes, controls and analytical frameworks to support the manufacturing operation's growth.


  • Provide actionable financial insights and recommendations to the CFO on cost efficiency, resource allocation and manufacturing performance.

The Successful Applicant

Key Requirements



  • Bachelor's degree in Finance, Accounting, Economics or a related field; professional qualifications such as CPA, ACCA or equivalent are advantageous.


  • Proven experience in manufacturing finance, plant finance, manufacturing FP&A, costing or financial controlling.


  • Strong understanding of manufacturing cost structures, including raw materials, labour, production overheads, standard costing and variance analysis.


  • Demonstrated experience in budgeting, forecasting, financial modelling and management reporting.


  • Strong analytical skills with the ability to translate complex financial data into clear business insights.


  • Proficient in Excel and financial modelling; experience with ERP systems and manufacturing costing systems is an advantage.


  • Comfortable working as an individual contributor, building processes and financial models hands-on while collaborating with existing internal teams.


  • Strong communication and stakeholder management skills, with the ability to present financial findings to senior management.


  • Willingness to be based in Malang, Indonesia.

What's on Offer



    • Build from the ground up: Establish manufacturing FP&A, costing and forecasting frameworks with meaningful ownership.


    • Strategic exposure: Work directly with the CFO and contribute to financial visibility and Board-level decision-making.


    • Business impact: Help improve manufacturing cost efficiency and build the financial foundation for a growing F&B group.



    Interested in building a manufacturing finance function and driving better business decisions? Apply now or reach out to learn more about this opportunity.

Contact
Sherlyn Andika
Quote job ref
JN-062026-7036860
Phone number
+62 21 29588801

Job summary

Function
Finance & Accounting
Sub Sector
Financial Planning & Analysis
What is your area of specialisation?
FMCG (Fast Moving Consumer Goods)
Location
Malang City
Contract Type
Permanent
Consultant name
Sherlyn Andika
Consultant contact
+62 21 29588801
Job Reference
JN-062026-7036860

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.