# Exploring ID FOOD: Indonesia’s Strategic State-Owned Food Holding Company
ID FOOD serves as the overarching corporate identity for the Indonesian State-Owned Enterprise (BUMN) Food Holding, officially known as PT Rajawali Nusantara Indonesia (Persero). Established under Government Regulation (PP) Number 118 of 2021, this strategic entity was created to bolster national food security through the integration of key agricultural and industrial assets.
Following the formal transfer of government shares on January 7, 2022, and the official rebranding launch by the Minister of State-Owned Enterprises, Erick Thohir, on January 12, 2022, ID FOOD has emerged as a centralized hub for food sovereignty. The transition to the ID FOOD brand provides a unified vision and strategic direction for the company’s operations in the agricultural, livestock, fishery, and logistics sectors.
## The Structure of the ID FOOD Ecosystem
The ID FOOD ecosystem is comprised of five specialized state-owned entities alongside eleven existing subsidiaries. This collaborative structure enables a comprehensive approach to managing the nation’s food supply chain.
Core Member Entities
* PT Perusahaan Perdagangan Indonesia: Focused on domestic and international trade.
* PT Sang Hyang Seri: Specialized in agricultural products and seed production.
* PT Perikanan Indonesia: Centered on sustainable fishery resources.
* PT Berdikari: Dedicated to livestock and protein security.
* PT Garam: Managing national salt production and distribution.
Subsidiary Network
The holding group further extends its operational capacity through:
* Sugar Industry: PT PG Rajawali I, PT PG Rajawali II, and PT PG Candi Baru.
* Plantation & Agriculture: PT Perkebunan Mitra Ogan, PT Laras Astra Kartika, and PT Mitra Kerinci.
* Logistics & Distribution: PT Rajawali Nusindo, PT GIEB Indonesia, and PT Mitra Rajawali Banjaran.
* Manufacturing & Support: PT Rajawali Citramass and PT Rajawali Tanjungsari Enjiniring.
## Career Opportunity: Finance Vice President
As part of its ongoing expansion and institutional strengthening, ID FOOD is currently seeking a seasoned Finance Vice President to provide high-level leadership for its financial operations.
Key Responsibilities
The successful candidate will oversee a diverse range of fiscal activities, including:
* Formulating and evaluating guidelines for corporate funding and capital investment.
* Directing treasury policies and standards to ensure financial liquidity.
* Establishing tax compliance guidelines and monitoring their implementation across all holding members.
* Managing holistic financial planning, including comprehensive risk assessment and mitigation.
* Overseeing the strategic management of corporate debts and receivables to ensure optimal asset utilization.
Professional Requirements
To qualify for this executive role, candidates should possess:
1. Education: A Bachelor’s or Postgraduate degree in Economics, Financial Management, or a related field.
2. Experience: A minimum of 15 years of professional experience in a finance division; candidates with a background in the banking industry are highly preferred.
3. Core Competencies: Demonstrated proficiency in financial restructuring, debt/receivable management, taxation, and treasury operations.
4. Soft Skills: Exceptional communication skills, strong problem-solving capabilities, and high self-motivation.
5. Language: Fluency in English is considered a significant advantage for international reporting and stakeholder engagement.
How to Apply
Qualified professionals who meet the requirements and are prepared to contribute to Indonesia’s food security mandate are encouraged to submit their applications. Please direct your professional resume and cover letter to the recruitment team at [email protected].