Ervina WatyChief Financial Officer
Le Meridien Jakarta
About the Forum
Over the past decade, Indonesia has been a consistent performer in an otherwise weak and volatile global economy. Growth has averaged 5.5 per cent a year since 2003 and the economy has proven remarkably resilient, withstanding numerous shocks including the global financial crisis of 2008–09, the end of the China-fuelled commodity boom around late 2011, and acute market pressures during the ‘taper tantrum’ of May 2013. However, the global economic environment is set to become more difficult, with liquidity conditions tightening and risks of escalating protectionism.
As 2019 is the year of presidential campaign, Joko Widodo’s government has dropped nearly US$20 billion of infrastructure projects to focus on social welfare and price controls on staple goods such as fuel, power, rice and sugar.
What impacts these initiatives will have on Indonesia's investment climate? Will Indonesia continue a perceived over-reliance on Chinese investment at a time when economic growth is stagnating?
On the micro front, risk management issues related to the recent natural disasters continue to be on CFO’s top priorities to protect and anticipate business risks arising from unpredictable natural calamities.
Why CFO Innovation Indonesia Forum?
Questex Asia’s longest running CFO Innovation Series has had a long standing history as Asia Pacific’s most resounding and impactful CFO event that deep dives into the finance ecosystem in its entirety, allowing delegates to understand the important succinct issues and challenges that shape trends in GRC, Tax Treasury, FP & A and Technology transformation.
The 6th CFO Innovation Indonesia Forum happening this 14th March 2019 will be the only event that gathers the best in the Indonesian finance community, welcoming over 150 practitioners. Gain valuable insights from more than 18 experts, movers and shakers with success stories as Key Decision Makers in their functional role, as they evaluate and assess the upcoming trends that will impact the Indonesian Finance Community and how and which aspects of their work do CFOs need to gear up to meet the GRC Changes and upcoming GE amidst a destabilizing trade war between US and China.
Key topics at CFO Innovation Indonesia Forum 2019
Who will attend?
Rapid technological advancements are creating waves of disruption across the country. There is a clear and urgent need for organizations to create agility in the business model and take advantage of the rapidly evolving and increasingly digitalized business landscape.
The nature of risk has changed, and this has altered the way of doing business in Indonesia. CFOs now have to build an integrated governance, risk, and compliance (GRC) strategy to better control uncertainties.
CFOs and their teams are increasingly expected to counsel business units on innovative approaches for creating value. They are tasked to use sophisticated analytics to measure and manage organizational performance, so they can better support complex decisions and create more accountability across the company, yet
Why the limited progress? CFOs most often attribute it to not having a clear understanding of all the digitization opportunities in front of them. But the persistence of organizational silos and a lack of digital skill sets within the finance organization are also commonly cited as major impediments.
The CFO's role is becoming more strategically and value orientated. As machines can be run to monitor process costing and highlight patterns of efficiency, the finance function has shifted focus towards value creation and revenue management rather than accounting.
The pace at which business is accelerating is increasing exponentially, and this trend is sure to continue. The new challenges for CFOs igniting this accelerating pace of business can be broken down into 2 key areas: Business Trends and Technology Trends. This session takes CFOs on a journey to better understanding the implications of these trends for the CFO and the business, and offers a strategy on how to get started on unlocking an organization’s digitization journey.
Improving the effectiveness of FP&A processes by providing right metrics, information and tools that support everything from operational decision-making to organizational strategy?
The age of AI, or digitisation, is already here and mostly just getting warmed up. Businesses eager to create a competitive advantage are recognising that the future is in the intersection of humans and machine intelligence. At the end of this session, you will be able to take away how the AI & human partnership will help elevate your business and your team.
As leading organizations seek new ways to manage their Budgeting, Planning & Forecasting processes, we look at key trends which are shaping the future of the field. See how decision making platforms create value by integrating technologies to bridge the gap between Business Intelligence and Enterprise Performance Management, and hear how companies like Coca-Cola and the TACO Group in Indonesia is able to eliminate inefficiencies and connect finance and operations to make better business decisions.
We’ve heard a lot lately about the benefits of AI & RPA solutions but challenges abound when integration is attempted. This session will take you through the key implementation steps, experience and pitfalls to smoothly get things going.
As most of the basic and repetitive tasks have been taken by technology, it has become critical to upgrade ones traditional finance skillset to a strategic level and high impact activities in order to support the organization on its critical business issues.
Louis Dreyfus Company
Max Power Group
Mount Scopus Group Indonesia
Pt Bhinneka Mentaridimensi
Siloam Group, Indonesia
Telin (PT Telekomunikasi Indonesia International)
Automation Anywhere Singapore
ICMA Australia Indonesia Branches
PD. Pasar Jaya
PT Teladan Resources
World Wide Fund for Nature (WWF)
BOARD Asia Pacific
PT Evotech Distribusi, BOARD Authorized Solution Provider
* Top 7 reasons why you should Sponsor *
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6. Enjoy a wide reach as your company brand and solutions are amplified at this strategic platform
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Ervina has extensive experienced as a General Manager Business Support, Finance Controller and Finance Manager for more than 16 years and for more than 21 years of experienced in Finance & Accounting Field, with a demonstrated track record of leading the preparation and analysis of financial reports. She also has three years of experience in Sales Department focusing on Mobile Data Services (MDS) on telecommunication company and Product Support (Parts& Service) on Off Road and On Road Truck Industries. Plus several years experienced on Human Resources, Business Process and Business System Department.
Some of her core competencies include:
Rajat has been part of the senior management team with strategic financial oversight of 4 greenfield projects, including 6 legal entities across palm oil and sugar refineries, coffee processing units, biodiesel plant and port operations.
He has established the finance organization, driving internal control, cash management risk management, strategic road-mapping, CAPEX strategy, cost containment and working capital management.
Rajat is also a Board Member on several JVs. Some of his work includes led valuation, due diligence and integration for M&As as well as change management in outsourcing to shared service center.
Fransiscus Budi Pranata or familiar called as Frans holds Doctoral degree in Management, MBA degree and Bachelor degree in Accounting. He is certified of CFA, registered accountant, international certified facilitator and hypnotherapist.
He is a seasoned Finance Director/CFO with 22 years of working experience from manufacture and retail industry both in multinational and local background. He started his career in the big 4 public accountant firm for the first 2 years of his working experience and up to now he focused in the corporate side.
His areas of expertise are in : Financial Information Generation, Budgeting and Forecasting, System Development, Cash Management and Optimization, Operation and Financial Analysis, Cost Accounting, Innovative Program Development, Corporate Accounting and Tax Preparation, P&L Management, Performance Improvement, Auditing and Compliance, Human Resources Management.
His key achievements during his career are:
May has experience in manufacturing, pharmaceutical, sales & distribution and retail industry with 20 years in Indonesia, 1 year in Malaysia and 2 years in USA. She has worked in large multinational Swiss companies, Joint Venture PMA Company and mid-size corporation.
Have been in both senior and middle management role for strategic planning; development, turnaround operations, setup company and expanding company operations.
Her Specialties includes: Qualified cost management accountant, financing requirements, financial & corporate reporting, taxation laws, Indonesian labor laws, common business law, company secretary corporate functions and human resources.
Leon Ruben ("Ruben") is Finance Director of Nielsen Indonesia. Ruben is responsible for planning, directing, and controlling financial operation within the Nielsen organization in Indonesia. Nielsen Finance organization has transformed into modernizes and matrix organization which divide the transactional finance and business finance. His main role is acting as Finance Business Partner which becomes strategic partner to the business in delivering growth and result for the company.
Earlier in his career, Ruben started as auditor and tax consultant at PricewaterhouseCoopers Jakarta. Along the journey before joining Nielsen in 2014, he then became the Controller of Ferro Corp Indonesia and after that Commercial Director & Finance Director of GroupM (A WPP Company).
Born and raised in Jakarta, Indonesia, Ruben studied Accountancy at University of Indonesia then continued his Master in Management at IPMI Business School, Jakarta Indonesia.
Ruben is married with two sons; he is an enthusiast runner and a marathon finisher.
Cendyarani (Cen) has more than 17 years of experiences in Finance & Accounting field, with extensive experience in auditing, financial reporting, financial planning and corporate finance in various industries: accounting firm, palm oil plantation, renewable energy, IT consulting and e-commerce in Indonesia. Worked in a Group with subsidiaries across the ASEAN, she is familiar with the operation in Philippines, Malaysia and Singapore.
Her exposures cover the fundraisings, IPO preparation, Group’s strategic planning, Group's restructuring, companies' set up and acquisitions, as well as directing the whole finance operation.
Thomas is Chief Financial Officer for SAP South East Asia, based in Singapore. Together with his team he is responsible for all finance related activities across South East Asia. He functions as a business partner to the South East Asia Management Team and provides them with relevant information on the state of the business as well as decision support using SAP’s latest analytics tools.
Thomas has over 13 years of professional experience in Finance and Operations and holds a master’s degree in Business Administration from the University of Mannheim/Germany. He started his career at the SAP’s Headquarter in Germany as part of the Global Controlling Team. He spent over 3 years in China where he was responsible for all controlling activities for the local development and support teams. Thomas moved to Singapore in 2009 where he first took over the role as the Head of Regional Controlling for Asia Pacific and Japan before he moved into current role in 2013.
Budi Raharjo Legowo is an Indonesian, currently working as the CFO of Siloam Hospitals Group, Indonesia. A strategic leader with comprehensive management experience. He received his Bachelor of Engineering (cum laude) from Institut Teknologi Bandung (ITB) and his Master of Business Administration (honours) from the University Of Chicago Booth School Of Business.
He is a member of the Indonesian Chamber of Commerce and Industry (KADIN), the P&G Alumni Network Association, and the Beta Gamma Sigma international honor society for collegiate schools of business.
He is also a Council Member in Gerson Lehrman Group and a current reading panelist in Schwarzman Scholars. Budi Raharjo Legowo joined the Board of Directors in 2016 and most recently appointed by Decision of AGMS of 23 March 2016.
Leonardus Wahyu Wasono or being called Sonny is Chief Finance and Business Partner Officer (CFBPO) reporting to CEO Faizal Rochmad Djoemadi.
As CFBPO, Sonny supervises the finance unit on all strategic and tactical matters. He also responsible for developing and executing human resource strategy in support of the overall business plan and strategic direction. Sonny joined Telin in August 2016, pursuant to the General Meeting of Shareholders dated July 1st 2016. Under his leadership, Telin experienced a Transformation Organization that enables every talents to work aligning the Corporate's direction as Global Digital Hub.
Telin was successfully to being named as Asia's Best Employer Awards from Employer Branding Institute and best Dealing with External Environment in Transformation category from SWA magazine.
Prior to joining Telin, Sonny served as General Manager of Budget Planning and Vice President of Financial Planning & Analysis of Telkomsel. Sonny was also served as Senior Vice President of ERP Task Force and Commissioner of Telkom.
Sonny also serves as Director of Telekomunikasi Indonesia International Pte. Ltd. (Telin Singapore) and Director of Telekomunikasi Indonesia International Australia Pty. Ltd. (Telin Australia).
Sonny graduated from STT Telkom Bandung with a bachelor's degree in Telecommunication Electrical and earned a master's degree in Telecommunications Electrical from Royal Melbourne Institute of Technology.
Siow E Hunt has spent more than 12 years working in MNCs from different technology fields spanning computing, cloud, cybersecurity and RPA. He is currently the ASEAN Partner Sales and Channels Manager for Automation Anywhere - the global leader in RPA and the Digital Workforce movement.
Saurabh is an enterprising and motivated professional with over 14 years of experience in Analytics, Enterprise Performance Management & Finance Transformation Solutions. He has worked with leading Big 4 consulting, software services and product companies in key roles.
- Oversee financial management comprising of record to report (R2R), procure to pay (R2P), order to
cash (O2C), treasury and tax.
- Coordinate the preparation of financial statements in accordance with accounting standards.
- Establish and maintain appropriate internal control safeguards.
- Develop and maintain financial policies and operating procedures.
- Ensure compliance with statutory and regulatory requirements.
- Maintain relationship with financial institutions.
- Board member of subsidiaries.
- Direct report to CFO; managed a team of 65 with 6 direct reports.
- Led ERP implementation and change management.
- Developed and executed technology roadmap for finance operations.
- Accelerated growth plan and revitalised product pipeline for B2B and B2G business.
Charlie Cheah is currently the Director of Strategic Accounts, leads and drives the business commercial strategy in collaboration with business partners and organizations. Prior to Esker, Charlie was the Assistant Vice President of Procurement at ASTRO for 9 years responsible for all high value procurement and tender activities, SAP implementation, in-house trainer for SAP (MM) and project management for P2P initiatives. Prior to joining ASTRO, Charlie held the position of Head, Procurement & Logistic at OPCOM for 7 years and responsible for providing operational and financial leadership in Finance, Marketing and Production Division in addition to successful MRP implementation and ISO certification. Charlie also had a short stint with TIMES as Accounts Officer, responsible for Accounts Receivable. Charlie holds a Finance tertiary background and is a certified ISO auditor.
Professional Background :
- Auditor KAP Buntaran & Buntaran 2006
- Auditor & Consultant KAP Supoyo, Eddy & Rekan 2006-2009
- Financial Analysis PT Philips Indonesia 2009-2011
- Cost Accountant & Assistant Plan Controller PT Philips Indonesia 2011-2013
- Financial Controller & FP&A Manager PT Philips Indonesia 2013-2014
- Business Platform Controller SEA RR PT Bekaert Indonesia 2014 – 2017
- Financial Controller Wire & Dramix SEA PT Bekaert Wire Indonesia 2017 – Now
- Financial Controller PT Bekaert Trading Indonesia 2017 - Now
- Financial Controller Region Australia and New Zealand BOSFA Co 2017 – Now
- Trainer Finance for Non Finance SEA Region 2017 - Now
- Head of Information and Communication ICMA Indonesia 2015-2018
- President of ICMA Indonesia 2018 - Now
- Founder Lean Accounting Indonesia 2018-Now
Iman is an Audit, Tax and Financial Executive with more than 20 years of professional experiences, with professional certifications. Extensive knowledge and experiences in finance, auditing, taxation and business process improvement. Notably achievements in improving company's financial system, procedure, and performance; successful delivery of SAP implementation projects and setting-up company's operation.
Started career in Big 4 accounting firm, as auditor for 2 years, and as tax consultant for 6 years, continued by more than 14 years managerial and leadership experiences as Business Partner, Finance Executive and Board member. Industry exposures covers manufacturing, technology, FMCG, heavy equipment, construction, distribution, plantation, banking, telco, hospitality, Oil & Gas (Upstream-Downstream), mining, power generation services, retail, advertising, media & communication services. Currently as Senior Vice President in investment holding company, with a diversified investments portfolio that currently focuses on five core businesses including agro resources, energy, industrial, strategic properties, and media.
Ken Lee was appointed Commercial Director, Corporate Sales of SWIFT in October 2016. He is based in Kuala Lumpur, Malaysia. Ken is part of APAC Corporate Sales team and is responsible for managing existing and recruiting new corporate customers in ASEAN Region.
Ken has over 19 years of sales experience in selling software and solution to financial institutions and corporates in ASEAN region. Before joining SWIFT, Ken worked with a number of software houses in Malaysia, including Microsoft, IBM and Dell with responsibilities for account management, business development and regional sales activities. He is multilingual and capable in speaking English, Mandarin, Bahasa, Cantonese and Hokkien.
Aria is currently working at WWF Indonesia as the Director of Finance and Administration.
World Wide Fund for Nature (WWF) is the largest independent conservation organization in the world, serving in more than 100 countries. Currently, WWF Indonesia operates in 32+ sites, in the country with one of the richest biodiversity.
He was the CFO for Bhakti Coal Resources and PT. Jawamanis Rafinasi.
Education & Certification:
Edmund is a Senior Solution Architect for BOARD Asia Pacific where he heads the Presales & Solution Consulting function. His main responsibilities include presales consulting, project management and business planning.
Besides BOARD, Edmund has also worked with Kofax for APJ region to establish the APJ Go-To-Market strategy and presales activities. He was also an entrepreneur providing consultancy service in the area of Business Intelligence and Corporate Performance Management under his company, Effectus Consulting.
Eddy Kwan is the Director for PT Evotech Distribusi.He has experience in experience in Data Analytical and Business Process Solution.
BackOffice Associates solves the world’s most complex data transformation challenges through our unique combination of data expertise, intelligent software, and solution accelerators, leading to superior business outcomes.
SAP Concur takes companies of all sizes and stages beyond automation to a completely connected spend management solution encompassing travel, expense, invoice, compliance and risk. Our global expertise, industry-leading innovation and dynamic ecosystem of diverse partners and applications unlock powerful insights that help businesses reduce complexity and see spending clearly, so they can manage it proactively. For more information please visit www.concur.com.sg.
Automation Anywhere is the leader in Robotic Process Automation (RPA), the platform on which more organizations build world-class Intelligent Digital Workforces. Automation Anywhere's enterprise-grade platform uses software bots that work side by side with people to do much of the repetitive work in many industries. It combines sophisticated RPA, cognitive and embedded analytic technologies. Over 1,400 organizations use this AI-enabled solution to manage and scale business processes faster, with near-zero error rates, while dramatically reducing operational costs. Automation Anywhere provides automation technology to leading financial services, insurance, healthcare, technology, manufacturing, telecom and logistics companies globally.
Esker helps organizations eliminate paper and improve business processes by integrating on-premise and on-demand document automation with applications - for higher efficiency in sales order processing, invoicing, accounts payable and purchasing to shorten order-to-cash and procure-to-pay cycles. Built on patented technology, Esker solutions address the challenges of manual document processing that limit an organization’s ability to increase speed and accuracy, raise productivity, reduce complexity, control costs and improve customer satisfaction. Over the past two decades Esker has become a worldwide leader in document process automation with offices in North America, Europe, Australia and Asia, and partners in more than 80 countries.
SWIFT is a global member owned cooperative and the world’s leading provider of secure financial messaging services. We provide our community with a platform for messaging and standards for communicating, and we offer products and services to facilitate access and integration, identification, analysis and regulatory compliance.
Our messaging platform, products and services connect more than 11,000 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories. While SWIFT does not hold funds or manage accounts on behalf of customers, we enable our global community of users to communicate securely, exchanging standardised financial messages in a reliable way, thereby supporting global and local financial flows, as well as trade and commerce all around the world.
As their trusted provider, we relentlessly pursue operational excellence; we support our community in addressing cyber threats; and we continually seek ways to lower costs, reduce risks and eliminate operational inefficiencies. Our products and services support our community's access and integration, business intelligence, reference data and financial crime compliance needs. SWIFT also brings the financial community together – at global, regional and local levels – to shape market practice, define standards and debate issues of mutual interest or concern. SWIFT’s strategic five year plan, SWIFT2020, challenges SWIFT to continue investing in the security, reliability and growth of its core messaging platform, while making additional investments in existing services and delivering new and innovative solutions.
Headquartered in Belgium, SWIFT’s international governance and oversight reinforces the neutral, global character of its cooperative structure. SWIFT’s global office network ensures an active presence in all the major financial centres.
Founded in 1994, BOARD has enabled more than 3,000 companies worldwide to rapidly deploy Business Intelligence and Corporate Performance Management applications on a single integrated and programming-free platform, in a fraction of the time or cost required by traditional BI or CPM solutions. BOARD is available for On-premises and On-cloud deployments.
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA supports its 200,000 members and 486,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 101 offices and centres and more than 7,200 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
ACCA is currently introducing major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. More information is here: www.accaglobal.com or contact ACCA Indonesia at 021-2788 7830 or firstname.lastname@example.org.
SigmaConso specialises in Corporate Performance Management solution that automate financial processes including Financial Consolidation, Reporting, Budgeting, Forecasting and Analysis. Regional headquartered in Singapore, SigmaConso Asia is serving the niche market in the region, especially in Malaysia, Indonesia and Thailand.
Sigma Conso today provides over 600 international groups with tailored and flexible solutions that facilitate their financial management. Our product line includes full web software that is high in expert content, user-friendly, flexible, high performance, and easy to maintain by users.
For more information, please log on to www.sigmaconso.com.
CFO INNOVATION (www.cfoinnovation.com) is an online publication, research provider, and conference organizer that focuses on issues specific to top level finance managers in the corporate sector in Asia and China. Our targeted events across Asia attract hundreds of CFOs from multinationals and other major enterprises every year.