Cash Management Officer

Company Overview

Meratus Group is a leading integrated maritime and logistics operator in Indonesia, pioneering innovative solutions that drive efficiency and sustainability in the industry. With a rich history dating back to 1957, Meratus has evolved into a powerhouse, operating over 45 shipping routes, a fleet of 100 vessels, and a network of container terminals and logistics centers.

At Meratus, we are committed to digitalization, innovation, and transformation, ensuring seamless logistics and maritime services across Indonesia and Southeast Asia. Our customer-centric approach and agile operations empower businesses to navigate complex supply chain challenges with confidence.

We take pride in fostering a dynamic and inclusive workplace, where talented professionals can thrive and contribute to shaping the future of maritime logistics. Join us and be part of a team that is redefining industry standards while making a meaningful impact on global trade and sustainability.

Position Overview

The Cash Management Payment position is responsible for receiving, verifying, scheduling, and processing payment requests from various internal departments to ensure payments are made accurately and on time according to company procedures and schedules. This role involves close coordination with the Cash Management Coordinator, Finance team, and business units to ensure smooth financial operations while preventing risks such as double payments and fraud.

Key Responsibilities

1. Payment Scheduling

• Receive payment request documents from the Finance Department (AP, AR, Tax, Corporate Finance) and HRD.
• Verify the completeness of documents and ensure vendor bank account details match with the vendor master data in D365.
• Submit and schedule payments based on due dates, payment schedules, or request dates.
• Monitor outgoing bank account balances and prepare journal entries to transfer funds from incoming to outgoing accounts according to budget and payment needs.

2. Payment Processing

• Set up payment methods such as bank transfers, giro, or checks.
• Follow up on declined or failed payments and resubmit payment requests when necessary.
• Ensure all payment-related documents are archived and recorded properly.

3. Coordination & Collaboration

• Work closely with the Finance team, Strategic Business Units (SBUs), and Strategic Functional Units (SFUs) to ensure smooth payment processes and business operations.

4. Compliance & Corporate Culture

• Ensure adherence to tax regulations and prevent duplicate payments and fraud risks.
• Keep updated with and comply with company Policy, Process, Procedures, and Working Instructions (P3W) related to payments.
• Actively integrate Meratus core values into daily activities and team collaboration.

Key Performance Indicators (KPIs)

On-Time Payment Release

• Urgent payments (TOP cash): 100% released within 1 day after receiving BKK.
• Non-overdue payments: 100% released within 7 days after due date.
• Overdue payments: 100% released within 7 days after receiving BKK.
• Payment re-processing after bank rejection: 100% released within 2 days.

Zero Double Payment

People Development

• Achieve training index of 30 hours per year.

Qualifications

• Education : Bachelor’s degree (S1) in Finance, Accounting, Business Administration, or related field.
• Experience : Minimum 2 years of experience in Finance, specifically in cash management or payment processing.

Competency Requirements

Technical Competencies

• Proficiency in Microsoft Office, especially Excel.
• Familiarity with ERP systems (e.g., Microsoft Dynamics 365).

Soft Competencies

• Strong attention to detail and accuracy.
• Good communication and coordination skills.
• High integrity and commitment to compliance.