Finance Manager

We are looking for a commercially minded and hands-on Finance Manager to support Bayu Somerset’s growing retail and omnichannel business. This role will be responsible for delivering timely financial analysis, budgeting, forecasting, and performance reporting across our retail outlets, online marketplaces, sales campaigns, and business investments.

The Finance Manager will work closely with management and cross-functional teams to translate financial data into practical business insights, improve cost efficiency, assess the financial viability of new initiatives, and strengthen financial controls. The role also oversees key finance operations including payments, expense monitoring, banking matters, external reporting requirements, and selected payroll-related payments.

This position is suited for someone who is analytical, detail-oriented, commercially aware, and comfortable working in a fast-paced environment where finance is expected to actively support business decision-making and growth.

Responsibilities

• Prepare monthly Profit & Loss (P&L) statements for all outlets and online marketplaces. Conduct P&L analysis and recommend initiatives to improve cost efficiency and effectiveness. Develop and apply performance metrics to assess the performance of different sales channels from various perspectives.

• Prepare P&L reports, budgets, and forecasts for sales campaigns. Regularly produce progress and financial updates for management review. Review management feedback and incorporate it into forecasts to provide better insights into the likely impact on campaign performance.

• Conduct financial analysis and monitor the financial viability and expected performance of projects, sales campaigns, and new capital expenditure (CAPEX) investments across the business.

• Analyse the company's assets and liabilities using financial ratios. Recommend actions to improve the efficiency and effectiveness of asset and liability management.

• Explore tax incentive opportunities at the project level for sales campaigns and new CAPEX investments.

• Explore funding grants and incentive programmes for projects, sales campaigns, and new CAPEX investments.

• Monitor, track, and process monthly expenses such as rental payments, utility bills, and other operational expenses.

• Monitor, track, and process monthly loan repayments.

• Verify and ensure the accuracy of key payment details, including due dates, payment amounts, and descriptions of purchased items or services. Submit printed invoices and payment documents to the Head of Finance for approval prior to processing payments.

• Prepare bulk payment files for upload to the banks' online banking portals.

• Monitor and highlight unusual or irregular transactions.

• Prepare, compile, and submit the required information and documents requested by external parties such as banks, investment companies, government agencies, auditors, and tax agents.

• Manage and respond to finance-related emails, and liaise with relevant parties via phone calls to resolve issues when necessary.

• Verify, manage, and process payments for various payroll allowances, including:

  • TikTok Live Host Allowance
  • Ship-to-Customer Campaign Rewards
  • Staff Performance Awards