CFO, FINANCE DIRECTOR

ROY VISWANATHAN, MBA, ACWA

Jakarta, Indonesia M: +62.81.2992.6896 H: +62.21.24523662 ********@*******.*** CHIEF FINANCIAL OFFICER

Industries of Influence: Electrical, Petrochemical, Construction, and Garment industries Progre

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P&L: $100M OVERSIGHT OF 3K+ STAFF BOARD MEMBER (SIOEN GROUP, SE ASIA) TRUSTED FISCAL AUTHORITY GLOBAL OVERSIGHT: INDIA, INDONESIA, CAMBODIA, MYANMAR, & SINGAPORE MILLIONS IN IMPROVED SALES & COST SAVINGS Rich mix of strategic, operational, and tactical financial expertise behind cash flow improvements, increased return on investment (ROI), double digit cost savings, improved sales and operations, strengthened compliance, and visible transformational change. Proven success in building high-performance finance and operational functions/teams, as well as profitable ventures. Premier relationship builder with banks and financial institutions for restructuring debts and optimizing working capital.

$25M in Sales via Startup and New Plant Incorporation Operations across Indonesia, Myanmar, and Singapore

Cross-Functional Leadership Finance & Accounting Best Practices Fiscal Strategy & Business Planning

Budgeting & Forecasting Cash Flow Management Transformational Change Mgmt.

IFRS & GAAP Accounting / Auditing Strategic Contract Negotiations Working Capital Management

Startup / Incorporation Operations Tax Assessments & Savings Financial Planning/Analysis/Reporting

Strategic Initiatives & Projects Board / Leadership Presentations Relationship Building & Management SELECTED PERFORMANCE HIGHLIGHTS

Driver for business growth & change in multi-national and global environments – take-charge CFO and financial director for three manufacturing facilities with combined $100M annual revenues and 3K+ staff. Commercially astute financial management professional with multiple success in realizing organizational cost savings via efficient working capital management ($300K/annum), effective operations management ($400K/annum), outsourcing labor ($160K/annum), and streamlined processes. Visionary and transformational CFO – improved productivity, efficiency, management reporting, and decision-making by improving ERP and management reporting systems (SIOEN GROUP) introduced several reporting and tracking systems and an ERP (PT BUSANA APPAREL GROUP).

Strategic and effective working capital management – ensured business continuity by restructuring $25M in debts, raising $40M in packaging credit and bills discounting, and minimizing $12M in loan requirements. Joint venture (JV) agreements – championed astute management of all global JV agreements totaling $150M.

Financial and operational turnaround specialist – reversed millions in losses, turning underperforming units into profitable ones by improving inventory and stocks, audits and internal controls, improving staff utilization, employing strategic procurement techniques, and introducing new technology. I found him to be an exceptional finance

executive. He has remarkable talent in

financial and strategic planning, profit

improvement and overall increased

operating efficiencies and performance.

Girish HG (Director Sales &

Merchandising) – PT Citra Abadi Sejati

He was adaptable to changes, a good team

player, and enhanced the image of the

company with bankers and other statutory

bodies.

Vivek H. Matani (Director PT. Ispak)

Other prominent wins include:

Millions in tax savings via tax strategies,

audits, and tax planning rigor

Completed seven assessment-year

customs audit in a single effort

Additionally deployed Oracle modules,

Coda Financial systems, and standard

costing and variance analysis systems

PROGRESSIVE CAREER HISTORY & HIGHLIGHTS

Chief Financial Officer – Finance Director SIOEN GROUP – SE Asia July 2007 – Present A €600M leader in coated technical textiles, specialist in fine chemicals and high-end technical apparel – four manufacturing facilities with

$100M in annual revenues and 2,000+ staff Reporting to President Director and Group CEO TEAM S

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Strategically selected within the organization’s executive leadership team to revitalize firm following revenue and profit losses, and deliver YOY exponential profit rise, while establishing efficiency, clarity, and control across the group. Revenue contribution – helped enhance sales by $25M by handling incorporation and startup operations of Semarang plant

(Indonesia), Yangon plant (Myanmar), and Asia-Pacific HQ in Singapore improved sales $15M by securing WRAP certification ROY VISWANATHAN, MBA, ACWA +62.21.24523662 ********@*******.*** PROGRESSIVE CAREER HISTORY & HIGHLIGHTS CONTINUED… Chief Financial Officer – Finance Director SIOEN GROUP July 2007 – Present Focus on assessing organizational performance, restructuring financial infrastructure for manufacturing operations, improving group’s technologies and systems, and inspiring teams for optimum performance delivery. Improved profit contribution by securing best sales mix through strategic selection and profitability analysis of buyers. Legal establishment of (3) entities – assumed full authority to manage startup and incorporation operations for Semarang plant in Indonesia, Yangon plant in Myanmar, and the Asia Pacific Headquarters located in Singapore. Cash flow improvement – improved cash flow by $2M by resolving long- term pending tax issues and outstanding VAT assessments. Operational excellence – reduced logistics cost by 40% ($400K/annum) by employing strategic vendor (forwarder) selection methods reduced raw material inventory from 60 to 30 days via revamping inventory process. Strategic negotiations – saved $300K/annum via persuasively and influentially negotiating better terms and conditions with buyers, thus improving working capital scopes and minimizing loan requirements.

Technology advancements – leveraged advanced financial and operational acumen to improve organizational ERP and management reporting system, infusing new content, functionalities, actions, and formats. Closely monitored WIP (Work in Process)

Authored, negotiated, and built consensus

over Collective Bargaining Agreement with

Employee Unions

Introduced sub-contractors for selected

operations for better productivity & efficiency

General Manager Finance PT BUSANA APPAREL GROUP, Jakarta, Indonesia September 2002 – May 2007 Recruited to PT Citra Abadi Sejati – a unit of the Busana Apparel Group, leading garment exporter in Indonesia – Annual turnover of $68M with 4,500+ staff across three facilities Reported to Group CFO, CEO, and President Director TEAM S

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Capitalized on advanced financial acumen, supported by deep understanding of ERP systems to pave way for substantial growth in challenging underperformance and loss-incurring scenarios – strengthened compliance by administering all aspects of financial, customs and social compliance audits. Responsible for cultural, process, operations, and technology turnarounds. Cost savings – saved $600K annually via dramatically reducing garment leftovers from 4% to 2%. Significant profit contribution – credited with establishing fabrics inspection system to timely report defects, thus processing supplier claims on time and minimizing dead stock – Results: enhanced annual profitability by $200K. New process and system introductions – (1) Introduced KPIs for staff performance evaluations, (2) Improved productivity and reduced overtime and rework by launching piece rate basis incentive scheme for workers, (3) Enhanced decision-making by instituting a variety of reporting and tracking systems, and (4) Improved staff utilization through evaluating man/machine ratios. Financial Controller PT WEARWEL INTERNATIONAL, Jakarta, Indonesia February 2000 – August 2002 A leading garment manufacturer with $40M turnover and 3,000 staff Reported to CEO Team size – 7 Indonesia & Cambodia Accomplished Oracle ERP implementation project two years ahead of schedule – additionally deployed systems for standard costing and variance analysis; product costing; HR, inventory, and sales management. Saved $180K every year by negotiating the packing credit and bill discounting facilities for the factory, thus reducing fund dependency from Jakarta, and in turn securing lower interest rates and timely working capital supply. Saved $150K every year via reduced wastage and $80K every year by launching a recovery system for losses incurred through garment defects. Other work history:

Manager, Finance, Accounts and Administration PT DEVRINDO WIDYA – Indonesia September 1996 – February 2000 Senior Finance Officer IPCL – India November 1989 – September 1996 Management Trainee / Assistant Accounts Officer English Electric Company of India Ltd. June 1987 – October 1989 EDUCATION & CERTIFICATIONS

MBA, Master of Business Administration BHARATHIDASAN INSTITUTE OF MANAGEMENT, INDIA 1987 Master of Commerce & Bachelor of Commerce D.G. VAISHNAV COLLEGE, MADRAS UNIV., INDIA 1985 / 1983 Languages: English, Indonesian, Malay, Tamil, Hindi, & Malayalam Associate Member of Cost & Works Accountants of India

$300K

$400K

$160K

Strategic

Negotiations of

Terms & Conditions

Strategic Selection of

Forwarders /

Logistics Costs

Saved Labor Costs by

40% through

Outsourcing

Cost Savings

Per Annum

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