Indofood Sukses Makmur Jobs: Junior Manager Treasury
PT Indofood Sukses Makmur Tbk is one of Indonesia’s most prominent and diversified food manufacturing companies. Established in 1990 under the name PT Panganjaya Intikusuma, the company adopted its current name in 1994 and has since grown into a vertically integrated enterprise that spans the entire food production chain. This integration allows Indofood to manage every stage of its operations from agricultural cultivation and raw material processing to manufacturing, marketing, and distribution ensuring consistent quality and efficiency across its product lines. Bogasari, Indofood’s flour milling division, is one of the largest in Southeast Asia. It produces wheat flour and pasta and operates supporting units in shipping and packaging. Bogasari’s facilities are strategically located to serve both domestic and export markets, and its products are widely used by bakeries, food manufacturers, and households. The division’s scale and efficiency contribute significantly to Indofood’s overall supply chain reliability and cost management.
The Agribusiness group encompasses activities such as seed breeding, oil palm cultivation, milling, and the production of cooking oils, margarine, and shortening. It also engages in the cultivation of sugar cane, rubber, and other crops. This group operates under subsidiaries including Indofood Agri Resources Ltd and PT Salim Ivomas Pratama Tbk. Its vertically integrated model supports both upstream and downstream operations, enabling Indofood to maintain control over raw material quality and supply stability.
Indofood’s Distribution group manages one of the most extensive distribution networks in Indonesia. This division ensures that Indofood’s products reach consumers across the archipelago, including remote and rural areas. It also distributes third-party products, leveraging its logistical infrastructure to maximize market coverage and operational efficiency. The group’s reach and reliability are key to Indofood’s ability to maintain its market dominance and respond quickly to changing consumer demands.
As of 2023, Indofood reported revenues of approximately IDR 111.7 trillion and a net profit of IDR 8.1 trillion. Its total assets stood at IDR 186.5 trillion, with equity reaching IDR 100.4 trillion. These figures reflect the company’s financial strength and its ability to generate consistent returns for shareholders. Indofood’s products are exported to various regions including Asia, Australia, and Europe, further reinforcing its position as a global player in the food industry.
The company is led by Anthoni Salim, who serves as President Director and CEO. Indofood is a subsidiary of First Pacific Investment Management Limited, which holds a majority stake of 50.07%. The leadership team includes experienced professionals overseeing key divisions such as noodles, dairy, plantations, and distribution. Their strategic vision and operational expertise have been instrumental in Indofood’s sustained growth and resilience.
Indofood’s history is marked by several key milestones. In the late 1960s, PT Lima Satu Sankyo began producing Supermi, the first instant noodle in Indonesia. Indomie was introduced in 1972, followed by Sarimi in 1982 and Chiki in 1983. The establishment of Bogasari Flour Mills in 1971 was a significant step in securing raw material supply for its food products. Over the decades, Indofood has expanded its portfolio and infrastructure, becoming a cornerstone of Indonesia’s food industry.
Indofood is currently hiring for the position of Junior Manager Treasury, to be placed in one of its Business Units.
Junior Manager Treasury
- Placement: Jakarta Utara
- Status: Experienced - Permanent
Job Description
- Review and verify supporting documents for all payment plans and activities submitted for approval.
- Review funds, process Letters of Credit (L/C), verify the accuracy of fees and L/C amounts, check the completeness of import documents, prepare PN or TR, and distribute the relevant documents.
- Follow up on required data, review, monitor, and record all financial transactions and supporting documents related to journal vouchers.
- Prepare reports including Payable Outs, L/C Usage Outstanding, TR Loan List, USD Purchases, Cash Flow Projection, and Cash Flow Actual.
- Process loan repayment / payment transfers, administer payment requests, validate fund drop requests, follow up on payment realisation, and post transactions to the General Ledger (GL).
- Receive and verify billing documents related to goods purchases and repair expenses.
- Monitor receipts and supporting documents for the settlement of cash advances and received payment requests.
- Process bank transfers and prepare cash bank position reports.
Job Requirement
- Bachelor's degree in Accounting / Finance
- Minimum 3 years of experience at Junior Manager level (for Junior Manager level), or minimum 2 years of experience (for Supervisor level) in Treasury, Finance, or Banking.
- Good knowledge of Capex Budgeting (for Junior Manager level).
- Good leadership, analytical, communication, and negotiation skills.
- Proficient in English.
- Note: This position is open to candidates at Supervisor to Junior Manager level.
For those interested, please apply through the Indofood Career website at link below.
Together with Indofood, realize your best potential and build your dream career
Only candidates who meet the qualifications will be contacted via official Indofood telephone or email.
Indofood never asks for payment at any stage in the recruitment process or to cover a range of expenses, such as transportation, accommodation, medical check up, psychological test or any other expenses.
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