# Stepping Into a Leadership Role: Inside ID FOOD and the Finance Vice President Position
Navigating the landscape of state-owned enterprises requires visionary leaders who can steer multi-layered organizations toward sustainable growth. At the forefront of Indonesia's agricultural and nutritional security stands ID FOOD, a pivotal corporate brand that unifies critical sectors of the economy. For seasoned finance executives looking to make a national impact, understanding this corporate giant and its executive requirements is the first step toward a transformative career move.
## Understanding ID FOOD: The Backbone of Indonesia’s Food Security
ID FOOD serves as the corporate brand name for PT Rajawali Nusantara Indonesia (Persero), functioning as the ultimate parent entity of the State-Owned Enterprises (BUMN) Food Holding.
Legislative Foundation and Establishment
The formation of this strategic holding was officially mandated by the Indonesian government through Government Regulation (PP) Number 118 of 2021. This regulation authorized the injection of state capital equity into PT RNI (Persero), a move further solidified by the Minister of Finance Decree (KMK) Number 555/KMK.06/2021.
The holding's official genesis took place on January 7, 2022, marked by the signing of the government share-inbreng deed between PT RNI (Persero) and five founding food BUMNs. Shortly after, on January 12, 2022, Minister of State-Owned Enterprises Erick Thohir officially unveiled the ID FOOD brand. This rebranding was strategically designed to give the parent company a sharper focus and a modernized operational roadmap.
Core Business Pillars
ID FOOD operates across a diversified portfolio aimed at strengthening the nation's food value chain. Its commercial activities concentrate on three primary sectors:
* Agriculture and Agro-industry
* Livestock and Fisheries
* Trade and Logistics
Group Ecosystem and Subsidiary Network
To execute its mandate effectively, ID FOOD oversees a robust conglomerate comprising five former state-owned enterprises and eleven existing subsidiaries:
* Founding Members: PT Perusahaan Perdagangan Indonesia, PT Sang Hyang Seri, PT Perikanan Indonesia, PT Berdikari, and PT Garam.
* Existing Subsidiaries: PT PG Rajawali I, PT PG Rajawali II, PT PG Candi Baru, PT Perkebunan Mitra Ogan, PT Laras Astra Kartika, PT Mitra Kerinci, PT Rajawali Nusindo, PT GIEB Indonesia, PT Mitra Rajawali Banjaran, PT Rajawali Citramass, and PT Rajawali Tanjungsari Enjiniring.
## Career Opportunity: Finance Vice President at ID FOOD
As the organization continues to scale its operations and optimize its financial health across all member companies, ID FOOD is actively seeking an exceptional executive to fill the Finance Vice President position. This leadership role demands a strategic thinker capable of managing complex financial architectures on a national scale.
Key Responsibilities
The selected candidate will shoulder high-level oversight, focusing on governance, risk mitigation, and capital optimization. Core duties include:
* Policy Development: Overseeing, coordinating, and assessing the creation of standardized guidelines for funding, financial investments, treasury operations, and taxation.
* Strategic Planning: Directing financial planning, treasury management, and financial risk mitigation while supervising execution across all holding members.
* Asset and Liability Management: Managing, coordinating, and evaluating debt and receivables portfolios to ensure compliance and financial stability throughout the entire corporate group.
Candidate Requirements
To qualify for this critical executive position, applicants must meet the following professional and educational criteria:
* Educational Background: Possession of a Bachelor’s or Postgraduate degree in Economics, Financial Management, or a closely related discipline.
* Professional Experience: A minimum of 15 years of progressive experience within a corporate Finance Division across any industry, with a strong preference for candidates boasting a background in the banking sector.
* Core Competencies: Demonstrated expertise in financial restructuring, debt and receivable management, taxation, and treasury operations.
* Soft Skills: Exceptional communication abilities, relentless self-motivation, and advanced problem-solving acumen.
* Language Proficiency: Fluency in spoken and written English serves as a distinct competitive advantage.
## How to Apply
Professionals who possess the requisite background and are eager to drive financial excellence within a vital national institution are encouraged to take the next step. Submit your comprehensive application package directly via email to [email protected].