Bayu Aditio SE, MBA, CMA, CIBA

About

My name is bayu, i am professional finance with the experience more than 17 Years, i had master degree at business administration finance and my bachelor degree is accountancy, i am also have certified management accountant ( CMA )

Experience

PT True Digital Group

Jan 2020 – Present

Indonesia

Head Of Finance / CFO

• Monthly Close and Transaction Processing • Able to give advice on where company risks to the business from local regulations. • Manage the month-end closing – prepare and review necessary journal entries, accruals, variation analyses for expense and balance sheet accounts • Ensure accuracy, integrity and timeliness for filing of statutory reports, taxation returns (indirect local tax compliance as well as income tax compliance) and statistical information in accordance with the obligations of the legal entity concerned; • Ensure compliance with local accepted accounting principles, legal and ethical framework; and alignment with corporate policies, procedures, guidelines and practices; • Manage accounting of capital projects in Indonesia for effective expenditure control, and ensure accurate and timely booking of spending and commitments; • Implement close process improvements for timeliness of close and accuracy of results • Analyze and evaluate monthly results against budget, forecast, and prior period

PT DNV GL Indonesia

Apr 2017 – Apr 2020

Indonesia

Country Finance Controller

Accounting and reporting • Coordination with in-country Business units on book close activities • Submission of MREP data • Produce draft Management report to Business units for their review • Review for all transaction related with account payable and to ensure the transaction have a proper booking. • Review for all transaction related with account payable and to ensure the transaction have a proper booking. • Balance sheet review and commentaries for all legal entities. Local internal control • Coordinating for Fixed assets sighting activities and ensure proper custodian of fixed assets in country • Coordinates and facilitates on in country internal control matters • Test, document, report and monitor controls as per the Internal Control systems on frequent basis. Implement corrective actions as per management or Global Process Owner advice. • Signing remittance order /cheques and manage cash management activities that could not be performed by the regional centre. Statutory and Tax Compliance • Responsible for all statutory reporting and compliance issues for specific Legal Entities in specific country. • Oversees compliance to statutory rules, supports annual audits and preparation of annual statutory accounts, notes and annual reports • Oversees and signs off reconciliations of major balance sheet accounts • Sign off accounting records/financial statement in compliance with local requirements • Monitor shares capital development and dividends and make sure that equity rules and dividend payment rules are followed and are legally compliant • Oversees tax compliance and supports tax reviews including but not limited to WHT, VAT, CIT, PIT and others • Coordinating with local tax advisor for tax filing • Ensure proper archiving in compliance with local regulation • Highlight regulatory changes to the team where necessary for timely actions

PT ABB Indonesia

Aug 2014 – Aug 2017

Indonesia

Country Controller

1. Leads Corporate Controlling & Planning team in the analysis of the Group’s financial results and coordinates the preparation of the Group’s results analysis, including performance reports for the Executive Committee, commentaries on financial statements for the Board of Directors, on a weekly, monthly, quarterly and annual basis, to support decision making processes. 2. Leads development of world class planning processes for modelling and evaluating ABB's operational and financial performance, including standardized processes and tools to support the planning processes (e.g. Group and Country financial planning). Evaluates the impact of strategic, financial or other major investment decisions on the Group. 3. Leads development and update of budget and forecast instructions, coordinates all requests for changes in the management reporting information in ABACUS. Plans, coordinates and leads the annual Demand Order Estimate reporting process. Provides input for external financial reporting, including management discussion and analysis. Works with the reporting units and countries to follow up on the inconsistencies noted on management reporting information. 4. Drives controlling initiatives for the Group. Leads process improvement and cost saving initiatives to protect and increase the Group’s profitability. Leads and supports global initiatives to achieve excellence in financial controlling and improvement of controlling processes and tools. 5. Formulates and recommends general credit policy with support from the country credit committee, and assures adherence to accepted standards. 6. Reviews major lease, purchase, or conditional sales contract proposals to identify and minimize credit risk. 7. Proposes credit limits and supports Local Divisions on credit decisions. 8. Maintains frequent communications with sales function and performs credit reviews with Local Business Units on a regular basis.

PT APL Logistic Indonesia

Feb 2012 – Jul 2014

Indonesia

Finance Manager

1. Financial Planning, Reporting and Analysis, Ensure monthly closing and reporting process (monthly, quarterly and annually) are done and submitted timely to Management and Regional Finance along with high quality and valid explanations, including timely and qualitative response on corporate inquiries. 2. Management Reporting on LOB perfomance control and analysis, Assist FM to review and monitor Operational Finance Reports of each LOB: CNS, CLS and FWD, both Operational View and Profit Sharing View for Management Reporting, including provide explanation on performance and variances. 3. Proforma Invoices, To review and approve Proforma Invoice Process done by Cashier to ensure correctness and completeness in billing process, especially for CNS business. 4. General Ledger/Controller Package, Maintain and review Balance Sheet (cash and non-cash balance) by monthly, including prepare Controller Package by Quarterly along with Negative Assurance package to Regional Finance Team. 5. G&A, Assist FM in periodic tracking and recommendations, including given highlights to Management and support on cost saving initiative. Variance explanation on actual vs budget performance. 6. External & Internal Control to mitigate exposure, Liase with External and Internal Auditor to ensure Audit Process is done within the schedule time-frame and also to follow up on report findings from internal and external audit to ensure there is no repeat findings in the future. 7. Taxes, To assist and review all Tax Monthly Return and Annual Return Reporting prepared by Tax Consultant to ensure that all Tax Report is correct and complete.

PT Siemens Indonesia

Oct 2008 – Jan 2012

Indonesia

Financial Analyst

• • Checking accurately, maintaining and updating timely the deduction data and records compare with data in SAP in order to ensure the up-date and correct data to be used in further payroll process. • Performing the deduction process and ensure that all related items are included or excluded pursuant to the existing company policies and practices and maintain the file as well as record in order to ensure the up-date and correct data to be used in further process. • Preparing the calculation of personnel income tax to be withheld from the employees' income including final patment of the employees leaving the company in order to ensure the correct data before reporting to the Accounting Department. • Preparing and submitting the reports and payment of tax withheld to the Accounting Department (monthly & annually) in order to follow the government regulation. • Performing payroll accounting in accordance with the required procedures/guidelines (cost allocation/booking). Preparing regularly accrual record of leave every quarterly, THR every month in order to control the accounting process. • Controlling the Human Resources Department's budget compare with actual cost every month in order to ensure the cost within budget and the cost under Human Resources Depatment. • Maintain, up-date and follow-up Jamsostek membership of the local employees including data correction, card lost and saving refund at the end of employment in order to ensure that the employees are covered properly by the Jamsostek scheme. When needed, settle any discrepancies with the Jamsostek company and ensure that the data are kept corrects and up to date. • Prepare monthly closing report, to create accrual VI, accrual pension, accrual LSTR, and Accrual THR for all business unit.

Education

Calwest University

Jan 2020 – Feb 2021

Master Degree, Business Administration Finance

STEKPI Kalibata

Jun 2002 – Jun 2006

Bachelor Degree, Accounting

Bayu Aditio SE, MBA, CMA, CIBA

Skills

Languages