Accounting Manager
Resume:
Adi Fitra
An innovative senior management with ** years (>12 years at senior position) of experience in Accounting & Finance function, from a full-set of accounting to the financial modeling, who treat Accounting as an art.
+62-856******* ac1nnv@r.postjobfree.com > USD 80,000 pa Bogor, West Java, Indonesia
(Sponsorship required)
Contents
Experience
20 years of total experience
Sep 2016 - Present
Finance & Accounting Expert/Specialist (to the President Director)
PAM Jaya, PD. (Perum Air Minum DKI Jakarta) - State (DKI Jakarta) owned Co. Jakarta Raya, Indonesia
Industry : Utilities (Water)
Specialization : Corporate Strategy / Top Management
Role : Expert / Specialist
Position Level : CEO / GM / Director / Senior Manager
Responsibility:
-Advise the President Director on the company short-term and long-term strategic plan as budget and development in the form of financial modeling and planning;
-Compile and analyse the President Director idea on to the financial strategy in optimizing resources and increase overall revenue and profitability of the company;
-Design and generate internal Financial Model(s) on the projects in order to support company’s strategy (Viability Study);
-Conduct analytical studies, evaluation options and alternatives for recommendation to the finance and accounting issues arise;
-Propose and negotiate a reasonably accurate cost analysis, process costs, inventory management and department activity reports to promote efficiency and controls; and
-Identify financial and management risks and advice the initiation for mitigating the risks.
Accomplishment:
-Generate approach & methodology and designed Financial Modeling for Restructuring project (from regulatory company to an operating company);
-Generate approach & methodology and designed Financial Modeling for Merger and Acquisition on government projects (merging with another local water business company – PAL Jaya);
-Generate approach & methodology and designed Financial Modeling for Restructuring and Expansion projects between PAM Jaya and Private parties (operators PAM Lyonnaise Jaya and Aetra Air Jakarta);
-Exercised and initiate improvements on PAM Jaya’s short-term and long-term plan budget and cost containments for better monitoring and analysis;
-Promote an implementation of Activity Base Costing for costing method is used by the company;
-Exercise and identify Activity Based drivers for better cost control (process and project costing) monitoring and investment cost standardization; and
-Improve and promote SOP and Accounting Policy for transition typed company in relation to the business expansion.
Reason for leaving:
Seeking to leverage my technical and professional expertise to grow in international accounting and finance.
»»»
Mar 2014 - Sep 2016
Finance and Budgeting Division Head
Jakarta Propertindo (JAKPRO), PT. - State (DKI Jakarta) owned Co. Jakarta Raya, Indonesia
Industry : Investment / Holding Co. (Property / Real Estate, Infrastructure & Utility)
Specialization : Corporate Strategy / Top Management
Role : Regional / Country Manager / Controller
Position Level : CEO / GM / Director / Senior Manager
Responsibility:
Business Partnering
-Operate as a financial business partner to the management team on topics such as corporate financial strategies, business projection (financial feasibility study), business performance, operating plan, consolidation, budgeting, forecasting and management reporting;
-Identifying and driving implementation of new or changed financial processes and methods that can improve efficiency, accountability and visibility; and
-Ensuring existence of business strategy plans are based on sound financial analysis.
Accounting, Reporting & Controlling
-Formulating and implementing corporate financial strategies to optimize resources and increase overall revenue and profitability of the company;
-Design and generate internal Financial Model(s) on the projects in order to support company’s strategy (Viability Study);
-Initiate and coordinate corporate financial short/long-term budget and planning as modeling strategy and development guidance to provide corporate with monitoring and analysis;
-Provides advice supports the other business departments and corporation (affiliated company) identifying the issue in relation to the Accounting Principal and Practices, SOP and Business Process Writing;
-Analyze the overall Corporate financial performance and reporting system (financial statements);
-Analyze management reports on cost behavior and analysis for various external and internal uses;
-Optimizing cashflow management on investment monitoring/plan, bank facilities and intercompany fund channeling;
-Promote GCG and continuous learning through Accounting Standard Operating Procedure and Policy improvement;
-Act as a gatekeeper for internal controllership/compliance issues; and
-Ensuring and timely consolidation book closing processes for all business units, holding, affiliated company and inter company activity reports are fairly present and being aligned with GAAP, IFRS and other government requirements.
Working Capital, Tax & Legal
-Review legal and tax requirements, including review of legal contracts, tax filing, etc.;
-Reviewing corporate income tax rates for reductions where appropriate;
-Ensuring all tax regulations and the requirements are complied to minimize tax risks and exposures;
-Performing ad-hoc investment analysis (includes financial feasibility studies of new projects/businesses); and
-Provide analytical strategy and financial modeling to improve the corporate working capital position.
Accomplishment:
-Generate approach & methodology and designed Financial Modeling for merger and acquisition on government projects between JAKPRO and State Government of DKI Jakarta;
-Standardized internal Financial Modeling to be used for expansion projects plan that inline with local government assignment;
-Initiate and lead JAKPRO’s short-term and long-term budget plan and cost containments for better monitoring and analysis;
-Redefined cost management and identify Activity Based driver for better project cost control monitoring and standardization;
-Implement Advance/Cash monitoring process and Intercompany Policies for better Cash Management;
-Initiate and promote an implementation of JAKPRO Code of Good Corporate Governance policy;
-Improved and re-defined SOP and business process for intercompany activity in relation to the Business expansion; and
-Two years of clean Auditor’s opinion and ‘A’ shareholder’s (State Government of DKI Jakarta) accountability score.
Reason for leaving:
Shareholder assignment to support another company as PAM Jaya, JAKPRO and MRT Jakarta are the State owned Company.
»»»
Feb 2009 - Feb 2014
Finance, Tax & Accounting Division Head
MRT Jakarta, PT. (Mass Rapid Transit Jakarta) - State (DKI Jakarta) owned Co. Jakarta Raya, Indonesia
Industry : Construction / Building / Engineering / Transportation
Specialization : Corporate Strategy / Top Management
Role : Regional / Country Manager / Controller
Position Level : CEO / GM / Director / Senior Manager
Responsibility:
-Design and generate Financial Model in order to support MRT Jakarta Business Plan (Viability Study);
-Influence and stimulate comprehensive legal and regulation framework by ensure maximum value is captured from city redevelopment surrounding stations to support MRT Jakarta Business Plan and its sustainability;
-Ensuring and securing fund needed for MRT are ready for development and its sustainability;
-Optimizing cashflow management on loan/grant (from government) facilities and fund channeling through investment plan and bank facilities;
-Initiate and coordinate financial short/long-term budget and planning as modeling strategy and development guidance to provide company with monitoring and analysis;
-Provides advice supports the other business departments identifying the issue in relation to the Accounting Principal and Practices, SOP and Business Process Writing;
-Designed and initiate Accounting Standard Operating Procedure and Policy for GCG;
-Lead and direct the other department in order to comply with company’s Standard Operating Procedure;
-Identify financial and management risk and initiate the other department in mitigating the risk;
-Minimizing tax risks and exposures by ensuring all tax regulations and the requirements are complied; and
-Ensuring and timely consolidation book closing processes and financial reports are fairly present and being aligned with GAAP, IFRS and other government requirements.
Accomplishment:
-Generate approach & methodology and Designed Financial Model for MRTJ Business Plan to be used as comparative figure on concession agreement negotiation between MRTJ and State Government of DKI Jakarta;
-Draft negotiation scenarios and options on Loan/Grant portions with PM and channeled them with Indonesia Government and State Government of DKI Jakarta;
-Initiate and lead MRTJ’s short-term and long-term budget plan and cost containments for better monitoring and analysis;
-Promote an implementation of Activity Base Costing for costing method is used and analized by the company;
-Design and set-up SOP for pre-operating company and construction typed company that in line with current business process;
-Initiate and promote an implementation of MRTJ Code of Good Corporate Governance policy;
-Compile and present clear and fair financial reports for pre-operating stage of the company; and
-Four years of clean Auditor’s opinion and ‘A+’ shareholder’s (State Government of DKI Jakarta) accountability score.
Reason for leaving:
Shareholder assignment to support another company as PAM Jaya, JAKPRO and MRT Jakarta are the State owned Company.
»»»
Jul 2005 - Feb 2009
Financial Controller
Eratex Djaja, Tbk, PT. (a Public Listed Company) Surabaya, Indonesia
Industry : Manufacturing / Production
Specialization : Corporate Strategy / Top Management
Role : Regional / Country Manager / Controller
Position Level : CEO / GM / Director / Senior Manager
Responsibility:
-Formulating and implementing corporate financial strategies to optimize resources and increase overall revenue and profitability of the company;
-Conduct analytical studies evaluation options and alternatives for recommendation to the problems arise;
-Provide a reasonably accurate cost analysis, inventory management and department activities report for to promote efficiency and control;
-Coordinate and promote company’s long-term strategy as budget and development guidance plan;
-Analyze the overall Corporate financial performance and reporting system (financial statements);
-Analyze management reports on cost behavior and analysis for various external and internal uses;
-Safeguards assets of the company by providing effective internal controls (4 Entities);
-Optimization of cashflow management on bank facilities, inter-company fund channeling and payable/receivable monitoring;
-Identify financial and management risk and initiate departments in mitigating the risk;
-Minimizing tax risks and exposures by ensuring all tax regulations and the requirements are complied;
-Lead and direct the other department in order to comply with company’s Standard Operating Procedure;
-Provides advice supports the corporate (affiliated company) and departments identifying the issue in relation to the Accounting Principal and Practices, SOP and Business Process Writing;
-Initiate GCG and continuous learning through Accounting Standard Operating Procedure and Policy improvement; and
-Ensuring and timely consolidation book closing processes for all business units, holding, affiliated company and inter company activity reports are fairly present and being aligned with GAAP, IFRS and statutory requirements.
Accomplishment:
-Promoted to Financial Controller position in Dec 2005 from Cost Accounting Manager in Jul 2005;
-Promote an implementation of a new Activity Base Costing method for costing, analysis and based pricing is used by the company;
-Timely and accurate budget, management reporting and monthly costing report;
-Initiate and lead Eratex’s short-term and long-term budget plan and cost containments for better monitoring and analysis;
-Improved and re-defined SOP and business process for intercompany activity for better internal control;
-Redefined cost management and identify Activity Based driver for better project cost control monitoring and standardization;
-Set-up SOPs for the start-up company in relation to the Business expansion;
-Improved integrated MIS and Accounting System that associated with in-house inventory and costing which leads to better, timely and accurate management reports; and Banking transactions and loan restructuring.
Reason for leaving:
Attempted to be part of a pioneer team for the 1st MRT in Indonesia.
»»»
Aug 2003 - Jul 2005
Cost Controller and System Support / Senior Accounting Supervisor
Lafarge Roofing Indonesia, PT. (Monier Group of Company) Jakarta Raya, Indonesia
Industry : Manufacturing / Production
Specialization : Finance - General/Cost Accounting
Role : Management/Cost Accounting/Business Analyst
Position Level : Supervisor / Coordinator
Responsibility:
-Cost calculation for BOM, COGS, WiP and Inventories;
-Analyze cost variances on BOM, COGS and Finished Good against standard/budget;
-Maintain physical and valuation reconciliation of inventory (materials, WiP, finish goods, materials, consumable and spare-parts);
-Reconcile and Analyze of inventory purchase recapitulation (local/imports) for valuation;
-Coordinate with warehouse, factory and inventory process activities and/or physical records variances;
-Comply with all corporate financial reporting programs;
-Maintain book of account payable and prepare account payable analysis at monthly closing;
-Generate cost accounting entry in to the system (MRP, AccPac); and
-Analyze and maintain intercompany and corporate report and monitoring (Hyperion).
Accomplishment:
-Accurate and timely reporting of cost calculation and variance analysis;
-Redesigned format and control of Cost Variance between actual, budget, forecast and KPI;
-Initiate clearer analysis of variances for fairer inventory control and valuation;
-Generate and implemented Costing System; Generate and implemented Accounting System and Procedures for the Company;
-Timely and accurate reporting of aging payable and purchase reports;
-Comply with all corporate financial reporting programs;
-Being part of ERP Pilot Project in optimizing usage of accounting software (MRP, AccPac) in to full module system for accounting entries; and
-Maintain and generate Inter-Co reporting through Hyperion for corporate decision making purpose.
Reason for leaving:
Career advancement.
»»»
Jan 2000 - Jul 2003
Accounting Supervisor / Inter-company Coordinator
Citas OTIS Elevator, PT. (OTIS Group of Company) Jakarta Raya, Indonesia
Industry : Repair & Maintenance Services
Specialization : Finance - General/Cost Accounting
Role : Financial Accounting & Reporting
Position Level : Supervisor / Coordinator
Responsibility:
-Maintaining Accounting System and Procedure;
-Perform Contract Costing and cost analysis for management reporting and pricing reference;
-Maintain budget analysis and cash-flow control;
-Coordinate the Inter-Company activities;
-Bank and Account Reconciliation;
-Implement and maintaining accounting software (GL – Exact Software); and
-Perform Tax reporting.
Accomplishment:
-Organized and implemented integration accounting system;
-Managed and maintained cash flow and budget;
-Maintain inter-company reporting and transactions using IMS-System (In-House);
-Maintain and generating Hyperion system for reporting and decision making purpose; and
-Timely taxation reports.
Reason for leaving:
Career advancement and exposure.
»»»
Aug 1997 - Dec 1999
Senior Auditor
Supardan & Mulyana, CPA (a local Public Accounting Firm) Jakarta Raya, Indonesia
Website : -
Industry : Accounting / Audit / Tax Services
Specialization : Finance - Audit/Taxation
Role : Auditing
Position Level : Supervisor / Coordinator
Responsibility:
-Implement audit procedures;
-Create and implement Accounting System and Procedures for client;
-Modification and implementation of reporting system and format from existing client’s software.
Accomplishment:
Implemented Audit Procedures on:
-PT. Dharma Pratama Selaras (Contractor Company – Group);
-PT. Guru Indonesia (Packaging Industry – Jakarta);
-PT. Sumber Karindo Sakti (Wood Industry – Medan);
-PT. Profab Indonesia (Pressure-vessel Industry – Batam); and
-PT. PP Berdikari (Agricultural Industry – Indonesia), etc.
Special consultant for Accounting System and Procedures (create and implantation) for:
-1998 – PT. Guru Indonesia, (include software modification – inventory); and
-1999 – PT. Sumber Karindo Sakti, (include software modification – overall accounting system).
Reason for leaving:
Career advancement and exposure.
Contents
Education
1997
University College Sedaya International (UCSI)
Bachelor's Degree in Accounting Malaysia
Degree: Bachelor of Arts in Accounting
1997
London Chamber of Commerce and Industry (LCCI)
College Diploma in Cost Accounting Malaysia
Degree: Higher Group Diploma in Cost Accounting
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Certification and Licenses
2006
Indonesia Association of Accountant (IAI)
Certified Cost Analyst
2012
Center of Financial and Procurement Institute (LKPP)
Procurement Expert for Government Good/Service
1996
Informatics Institute - Malaysia
Microsoft Office
2000
Indonesia Association of Accountant (IAI)
Brevet A&B (Indonesia Taxation)
Contents
Skills
Advanced
-Financial Modeling Merger/Acquisition, Restructuring and Business Expansion, (+ 11 years 11 months);
-Budget and Cost Containment / Analysis, (+ 11 years 11 months);
-Process Costing and Variance Analysis (BOM, COGS, WIP and Inventory), (+ 7 years 4 months);
-Project Costing and Variance Analysis (Construction in Progress), (+ 7 years 6 months);
-Contract Costing and Variance Analysis (Service & Maintenance), (+ 3 years 6 months);
-Activity Based Costing, (+ 13 years 10 months);
-Financial Statements Analysis, (+ 11 years 11 months)
-Consolidation Reporting, (+ 6 years 1 months);
-Management Reporting and Analysis, (+ 13 years 10 months);
-Corporate Income Tax, (+ 6 years 1 months);
-Accounting Principals (GAAP & IFRS_ and Practices, SOP and Process Writing, (+ 11 years 11 months);
-Code of Good Corporate Governance policy, (+ 8 years 3 months);
-Accounting System and Procedures consultant (System specialist), (+ 2 years 4 months);
-Full-Set of Accounting, General Ledger & Closing, (+ 11 years 1 month);
-Inter-company Transactions and Reporting, (+ 9 years 7 months);
-Account Payable (A/P) & Account Receivable (A/R), (+ 16 years 6 months)
-Accounting Data Entry and Reconciliation, (+ 5 years 5 months);
-Loan/Grant (Drafting, Negotiations and Channeling), (+ 8 years 7 months);
-Loan restructuring, (+ 3 years 7 months);
-Cashflow Management, (+ 11 years 1 month);
-Migration of Accounting and Reporting System (software), (+ 5 years 6 months);
-Hyperion reporting system maintainance, (+ 5 years 5 months);
-AccPac Accounting System maintainance, (+ 5 years 6 months);
-MRP Accounting and Manufacturing (Costing) System maintainance, (+ 1 years 11 months);
-Auditing, (+ 2 years 4 months).
Contents
Supplement Information
Type: Technical Training
Description:
Jakarta-Indonesia 2012
Electronic Based Audit Application (e-AUDIT)
Auditing Center of Financial and Procurement Institute – LKPP
“Understand the application, system works, procedures and policy of online/sumulation electornic based audit (e-Audit) standard of LKPP (Center of Financial and Procurement Institute)”
Jakarta-Indonesia 2009
Edward Peterson Financial Modeling Workshop
Risk and Decision Analysis Financial Modeling Solution (Edward Peterson)
“Financial Modeling for Corporate Budgeting Workshop”
Batam-Indonesia 1999
Revaluation of Fixed Assets
Finance Surveyor Indonesia
“Revaluation of Fixed Assets and its Understudy of Taxation, Finance and Business aspect.”
Jakarta-Indonesia 2009
Procurement Workshop
Procurement Japan International Cooperation Agency
“Procurement Workshop (Japan ODA Loan)”
Type: Clinical Experience
Description:
Jakarta-Indonesia 2009
GAAP Seminars
Accounting Indonesia Association of Accountant - IAI
“Convergensi IFRS terhadap business”
Jakarta-Indonesia 2007
Lean Manufacturing Workshop
Manufacturing Concept Textile/Clothing Technology Corporation
“Lean Manufacturing Workshop – Executive Overview”
Kuala Lumpur-Malaysia 2012
Improving Managerial Skill
Managerial Center of Financial and Procurement Institute – LKPP
“Coaching, Counseling and Mentoring”
Type: Professional Associations
Description:
Bangkok-Thailand 2012
Asian Confederation of Institute of Internal Auditors
Auditing The Institute of Internal Auditors Bangkok
“2012 ACIIA Conference on Internal Auditing”
Kuala Lumpur-Malaysia 2009
Asian Confederation of Institute of Internal Auditors
Auditing The Institute of Internal Auditors Malaysia
“2009 ACIIA Conference on Internal Auditing”
Jakarta-Indonesia 2009
Leadership Seminar
Management The Financial Club
“Leadership to Deal with Crisis and Change”
Contents
Additional Info
Expected Salary
> USD 80,000 pa
Preferred Work Location
California - USA, Other work locations
Other Information
Career Objective:
Seeking for a management and/or an executive position to diversify my portfolio in leadership and develop a holistic-viewpoint in leveraging my technical and professional expertise to grow in international accounting and finance.
Summary Qualification:
-Unique combination of 11 years financial modeling experience, as MS Excel power user with a very complex formulas for scenarios and options, strategic planning, multiple costing method and system standardization;
-Various costing implementation, in which includes 5 years of experience in setting up a new implementation of Activity Based Costing method (Eratex Djaja Tbk, PT. 2005-2009 and PAM Jaya 2016);
-Setting-up new SOPs and it implementations in relation to the business expansion (MRT Jakarta, 2009-2014 and PAM Jaya 2016-Now);
-Bachelor of Art in Accounting with Higher Group Diploma in Cost Accounting (London Chamber of Commerce and Industries – LCCI) and Certified Cost Analyst (Indonesia Association of Accountant – IAI);
-Strong command in excel spreadsheet, financial modeling and cost analysis;
-Excellent reporting skill software and presentation.
Personal Traits And Attitude:
-Detailed person with strong desire to excel;
-Self-starter, highly motivated and driven;
-Passion for continuous learning and personal growth;
-Excellent cross-cultural communication skills;
-International living experience and regional exposure.
Contents
About Me
Gender
Male
Age
40 years
Telephone Number
ac1nnv@r.postjobfree.com
Address
Komp. BPPB Blok I No. 3, Kel. Pasirmulya – Bogor, West Java, Indonesia - 16610
Nationality
Indonesia
(Require sponsorship to work in USA for H1B Visa)
Contents
References
Name : Hamish McBean Stephens
Phone : +61-404-***-***
Email : ac1nnv@r.postjobfree.com
Address :
307/2 Grose street
Deakin, ACT, IT 26000
Australia
Reference Type : Professional
Occupation : Associate Director (KPMG - Australia)
Name : Thomas P. Loftus, Jr.
Phone : +2-10-913-****
Email : ac1nnv@r.postjobfree.com
Address :
563 Elizabeth Road
San Antonio, TX 78209
US
Reference Type : Professional
Occupation : Sr. Railway Financial Expert (PADECO Co. Ltd.)
Name : Howard Sudibyo Halim
Phone : +1-909-***-****
Email : ac1nnv@r.postjobfree.com
Address :
12321 Chacoma Way
Victorville, CA 92392
US
Reference Type : Personal
Occupation : Final Assembly Mechanic (Excellon Automation Co., retired in 1995)
Name : Erlan Hidayat
Phone : +62-811-***-***
Email : ac1nnv@r.postjobfree.com
Address :
Jakarta, IT
Indonesia
Reference Type : Professional
Occupation : President Director / CEO (PAM Jaya, PD., 2016-current)
Name : Tribudi Rahardjo
Phone : +62-811-***-***
Email : ac1nnv@r.postjobfree.com
Address :
Jakarta, IT
Indonesia
Reference Type : Professional
Occupation : President Director (MRT Jakarta, PT., 2010-2014)
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Links
https://www.linkedin.com/in/adi-fitra-a7b849aa/
http://www.pamjaya.co.id/
http://www.jakarta-propertindo.com/
http://jakartamrt.co.id/
http://www.eratexco.com/
http://www.monier.co.id/
http://www.otis.com/site/id/
http://www.ucsiuniversity.edu.my/
http://www.lcciasia.com/
http://iaiglobal.or.id/v03/home
http://www.lkpp.go.id/
http://www.informaticseducation.com/
Contents <point+click on the text, to go to the selected content>
Experience 1
Sep 2016 - Present Finance & Accounting Expert/Specialist (to the President Director) 1
Mar 2014 - Sep 2016 Finance and Budgeting Division Head 2
Feb 2009 - Feb 2014 Finance, Tax & Accounting Division Head 3
Jul 2005 - Feb 2009 Financial Controller 4
Aug 2003 - Jul 2005 Cost Controller and System Support / Senior Accounting Supervisor 4
Jan 2000 - Jul 2003 Accounting Supervisor / Inter-company Coordinator 5
Aug 1997 - Dec 1999 Senior Auditor 5
Education 6
Certification and Licenses 6
Skills 6
Supplement Information 7
Additional Info 8
About Me 9
References 9
Links 10
Contact this candidate