Accounting & Finance Operations Manager

PT Bumi Suksesindo (BSI), the Tujuh Bukit Gold Mine, is an open-pit mine in Banyuwangi, East Java, that excavates mineral ore and extracts its gold and silver content using an efficient leaching method.

BSI operates the Tujuh Bukit Gold Mine based on an Operation and Production Mining Business Permit (IUP OP) held since 2012, covering a 4,998-hectare area within a production forest area in Sumberagung Village, Pesanggaran District, Banyuwangi Regency. Only 1,115 hectares of the 4,998 hectares are utilized by BSI for mining operations.

Construction began in 2014, and the Tujuh Bukit Gold Mine started mining its first ore in 2016 and produced its first gold in 2017. It continues to be one of the largest primary gold mines in Indonesia. In 2016, the Tujuh Bukit Gold Mine was designated as a National Vital Object due to the quality of its mineral resources, which are recognized by the state as a strategic asset.

As part of the Merdeka group, which is committed to sustainable mining, BSI protects the environment, minimizing and restoring the environmental impacts of its mining operations. As part of implementing international best-practice mining standards, BSI conducts progressive reclamation that begins immediately after one section of land is no longer in use, without waiting for the entire land area to be fully mined.

About the Position:

The Finance & Accounting Operations Manager plays a critical role in managing the financial operations of a site. He/she must ensure that the site operates within budget and complies with all financial regulations while maintaining high standards of financial reporting and control.

Responsibilities:

• Ensuring the implementation of all financial transaction records into the system follows Indonesian financial accounting standards (PSAK).
• Managing daily petty cash and bank operations, including the disbursement and reconciliation of funds.
• Maintaining accurate records of all petty cash and bank transactions, ensuring they are properly documented and authorized.
• Monitoring and controlling expenses to ensure they are within the approved budget.
• Ensuring the timely preparation and submission of petty cash and bank reports to corporate accounting.
• Ensuring compliance with company policies and procedures, as well as legal and regulatory requirements.
• Developing and implementing internal controls to safeguard company assets and prevent fraud.
• Supporting periodic audits of petty cash accounts to ensure accuracy and completeness.
• Supporting the ongoing development of the BSI life-of-mine (LOM) models.
• Driving and supporting the annual budget and quarterly forecast process in partnership with site personnel.
• Developing budget and forecast reports as defined by the Operations General Manager and executive.
• Presenting budgets and forecasts to General Managers.
• Ensuring all cost reconciliations are completed in a timely manner (by Day 3).
• Performing analysis and cost reviews to ensure costs are posted to the proper department and are in line with accounting principles and regulations.

Qualifications:

• A bachelor's or master's degree in one of the following fields: finance, accounting, management, economics, or information systems.
• Minimum 10 years of experience in accounting, finance, or a related field, including 5 years as a senior in the mining industry.
• Expert knowledge and application of accounting practices and standards.
• Improve business processes understanding and ensure that visits are taken to various parts of the operation to increase knowledge to assist with reporting, forecasting and budgeting setup and understanding;
• Continue to review and improve models required during the operational phase of the BSI Stock Model and the Allocation Model.
• Proficiency in Microsoft Excel and experience with ERP software (e.g., SAP or Pronto) is preferred.
• Fluency in English, with excellent written and verbal communication skills.
• Develop the finance team members to provide coverage for all tasks;
• Set objectives and schedule effective rotation of staff. Anticipate work requirements in advance and implement contingencies where necessary.
• Willing to be placed at Banyuwangi with a roster schedule.