Ervina WatyChief Financial Officer
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.
Improving the effectiveness of FP&A processes by providing right metrics, information and tools that support everything from operational decision-making to organizational strategy?
Blockchain can potentially maintain and prove the integrity of digital accounting reports for companies. As such, blockchain technology provides real-time access to transaction cash flows, its distributed data also authenticates and confirms every entry by default.
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.
Max Power Group
Mount Scopus Group Indonesia
Siloam Group, Indonesia
Telin (PT Telekomunikasi Indonesia International)
World Wide Fund for Nature (WWF)
PT. Frisian Flag
RB Hygiene Home Indonesia
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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:
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.
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.
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.
Sourav has 16 years' experience in finance, supply chain and ERP systems in India, Mexico and Indonesia. Prior to his current position, he was leading SAP project implementation at PT Ispat Indo, Surabaya and worked in Mexico for 3 years with Arcelor Mittal Mining division. Sourav has participated in various forums (CIMA, CFO Innovation and Crown Leadership).
International finance professional, with experience in business units and HQ, in growth markets and crisis situations, cultural transformation, change management, engagement and development of teams, business partnering, strategy development and implementation, ERP implementations, acquisition projects and integrations.
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.
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.