Addesant Muswar, S.E., Ak., MBA, MSF
Boston, Massachusetts, USA Mobile phone: +1-617-***-****, +62-811****** Email: **********@*****.***, **************@*****.*** https://www.linkedin.com/in/addesant-muswar/
Education
Master of Science in Finance (MSF) 01 April 2022
Master of Business Administration (MBA) August 2021
Hult International Business School Boston, Massachusetts, USA
Bachelor in Accounting (BA) December 2000
University of Indonesia Jakarta, Indonesia
Professional Experience
PT REDPATH INDONESIA—Jakarta, Indonesia Oct 2004 – Dec 2018
Senior Financial Controller. A leading underground mining construction company from Canada that provides engineering and construction expertise in tunnel development, raise bore, and shaft sinking operations for one of the largest gold and copper mining companies in the world.
Acted as company representative with direct reporting to Global CFO in North Bay Canada for project financial and variance analysis reporting, budgeting, and revenue forecast with a team of 12 people in Billing, Supply Chain, Payroll, IT, Accounting, Tax, and Finance.
Strategized company effort in negotiating each project contract with the client
Led project administration and finance worth $100 million in yearly revenue
Improved forecast and financial budget accuracy close to 100% for Indonesia’s operation, and prepared project bids with Engineering and Estimator team.
Reduced collection time from 60 days to 47 days by improving invoice review procedure with the client representative
Innovated supply chain process by implementing automated supplier payment system using ESI AP/AR software
Implemented inventory real-time report for remote underground warehouse, improved custom, shipping, transportation, material request procedure, and performed quarterly audit inventory with the external auditor
Negotiated multi-millions dollar local and international supplier contracts, examined and analysed estimates of material, manpower, drill equipment, performance requirement, delivery schedules and claim analysis document in accordance with project scope agreement
Developed and led change management initiative to increase credibility of Jakarta team to source many imported critical parts within the region
Prepared and reviewed contracts for client, vendor, joint venture and consultant
Implemented JDEdwards (Oracle) software from data transfer, testing, and going live Developed SOP and accounting policy according to Indonesia and IFRS standards. Involved in the software implementation for the Mongolia project
Supervised expatriate and national payroll and provide advice on employee income tax report
Managed employee severance fund ($5 million) and pension investment ($4.5 million)
Helped grow the company from 65 employees to reach 1500 employees and 220 expatriates
Improved communication with the government office in Papua province and Jakarta
Created a joint venture company with a new financial and business model strategy to prepare for the change of regulation for a foreign company in Indonesia
Maintained active relationship with Canadian Embassy and other Canadian companies in Jakarta
PT TRANSNATIONAL GROUP—Jakarta, Indonesia Apr 2003 – Oct 2004
Manager Accounting and Tax. A leading company from Singapore that operate high quality ATM machine rental for Commercial Bank in Indonesia, provide financial service, payroll management and project security personnel.
Acted as company representative to solve all claims between the company and Bank on fake money and troubled ATM machine
Presented consolidated financial report to BOD
Managed financial transactions and claims between the company and Bank
Improved fixed asset list and ATM leasing contract documentation
Improved invoice issuance process and reduce collection time by one week
Improved service and downtime for ATM machine owned and operated by Company
Improved audit process and reduced maintenance cost for the company’s ATM machine
Developed new processes and SOP for fixed asset list, improve inventory control of ATM machine spare parts and transportation vehicle
Improve gas mileage of transportation vehicles using new routes and schedules while reducing ATM machine maintenance time
Implemented change management initiative from old to new website base version of Accpac software for financial report
CENTRAL ASIA RAYA—Jakarta, Indonesia Feb 2003 – Apr 2003
Assistant Accounting Manager. A leading Platinum Award insurance company in Indonesia provide life insurance product and financial service.
Managed financial transactions and claim reports from all branches.
Developed process improvements from manual report book to share drive access
Improved good relationship with Insurance Agency and Tax Office
KOREA EXCHANGE BANK DANAMON—Jakarta, Indonesia Jan 2002 – Feb 2003
Tax Accounting and Bank report Leader. A joint venture bank between Korea Exchange Bank and Bank Danamon provide finance and banking service to Korea company in Indonesia.
Managed bank transaction report to Central Bank
Developed and implement process improvements to streamline Bank reporting workflow
Improved data quality to identify efficiency opportunities in tax reporting
Performed audit transactions and assisted external auditor
Provided accounting reports and tax advice to BOD
SCHLUMBERGER NETWORK SOLUTIONS—Jakarta, Indonesia Oct 2000 – Dec 2001
Senior Finance and Tax Accountant. A leading multinational company in energy and network solutions for oil and gas company. And provide service and expertise in latest energy extraction technology.
Assisted Tax and Accounting Manager in dealing with inquiries from Indonesia Tax Office and auditors
Managed supporting document for tax refund claim and achieved 100% success claim rate
Improved fixed asset list, hardware, and software leasing contract agreement
Assisted with GAAP accounting reports and special projects as assigned by management
Designed and implemented process improvement in reducing the revenue collection cycle
Entrepreneur Experience
PT. LEMONADE MEGAH ABADI—Jakarta, Indonesia Mar 2018 – Feb 2020
Operational Manager / Business Owner. Start business with spouse in beauty salon, spa and organics cosmetics. Involved in improving daily operational and setting up channel distribution. Sold the business to pursue master degree education in Boston, Massachusetts.
PT. GRAHINDO PURI—Jakarta, Indonesia Jan 2019 – Jul 2020
Tax and Business Consultant. Assisted family business in real estate and commercial office rental on the new loan restructuring, new employment strategy and tax compliance.
Implemented improvement in new contract documentation software, new roofing, cashless parking system and new security system for old building, and new hiring scheme using outsource manpower company to replace aging employee. Leave to pursue MBA and MSc degree in Boston, Massachusetts.
Additional Information and Skills
Languages: English (proficient), Indonesian (native), Minang (native), Malaysian (fluent).
Software: JDEdwards (Oracle), Hyperion (Oracle), Primavera, ESI AP/AR, ADP, Accpac (Sage300), Great Plain Dynamics, Macro, VB, MS Office.
Coding: Intermediate level in R for Finance and beginner level in Phyton
Marketing: Salesforce Superbadge - Reports & Dashboards for Lightning Experience
Leadership Development Program: Niagara Institute, Canada, Class of 2008