Efendi S.
Executive Finance Director
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Dr. Efendi S. is a seasoned finance executive with over 20 years of experience guiding financial operations for multinational organizations in sectors such as energy, engineering & construction, manufacturing, and automotive. As the Country Finance Leader for GE Grid Solutions Indonesia, he oversees comprehensive financial functions, collaborating on a joint venture with PT PLN Persero. His expertise in financial strategy, operational efficiency, and regulatory compliance has driven significant capital optimization and risk management success. Renowned for leading high-stakes transformations and aligning operations with global standards like IFRS and US GAAP, Dr. Efendi adeptly manages treasury, tax audits, and stakeholder relations. He represents GE in cross-border governance, ensuring robust financial planning and capital management. With a strong foundation in strategic finance and a commitment to effective risk management, Dr. Efendi S. continually enhances corporate financial alignment and operational precision.
Experience
CFO and Board of Director
PT Unelec Indonesia and PT Grid Solutions Indonesia (GE Vernova) · 2014 — 2024Provided strategic financial guidance as the Country Finance Leader for PT Unelec Indonesia and PT Grid Solutions Indonesia. Ensured adherence to financial and accounting standards while collaborating on cross-functional initiatives. Managed treasury operations and cash flow forecasting across all product lines. Coordinated funding solutions and maintained working capital planning, engaging with Grid Solutions HQ for capital approvals. Established internal controls and worked with departments to identify and mitigate business risks. Supported commercial teams with financial insights and compliance for project bids, and presented financials for executive decision-making. Represented GE Grid Solutions in the joint venture with PT PLN Persero, managing financial communication and governance reporting. Oversaw tax audits and negotiated with authorities, ensuring compliance and providing necessary data and analysis.GM Accounting, Tax and Treasury
PT Cipta Mortar Utama and PT Prima Rezeki Pertiwi · 2013 — 2014Directed finance, accounting, tax, and treasury functions for two subsidiaries, ensuring accuracy and compliance with corporate policies. Delivered timely financial reports to the parent company in France. Managed daily cash flow and maintained credit facilities with banks, negotiating service terms. Implemented credit policies to minimize financial risk and collaborated with departments to resolve disputes. Managed full scope of tax functions, ensuring compliance and leading tax planning strategies while maintaining relationships with external advisors. Acted as liaison for statutory auditors and regulatory bodies, ensuring accurate reporting and compliance.Senior Finance Manager
PT CG Power Systems Indonesia · 2005 — 2013Oversaw financial operations for PT CG Power Systems Indonesia and its branch offices across Singapore, Australia, and New Zealand. Managed comprehensive financial reporting to the parent company in Belgium, which included statutory reporting and tax filings. Directed cash flow management and banking relationships, overseeing foreign exchange transactions.Finance & Accounting Supervisor
PT Surya Sejahtera Otomotif & PT Citra Langgeng Otomotif · 2002 — 2005Prepared monthly management financial reports and annual financial statements, leading budgeting and forecasting processes. Managed workshop division operations, including inventory control and fixed asset management. Directed client collections to ensure liquidity and submitted warranty claims to manufacturers. Handled full-spectrum tax reporting and coordinated tax audits.Cost Accounting Officer
PT Pantja Motor · 2000 — 2002Managed cost accounting activities, focusing on inventory valuation and reconciliation of financial accounts. Oversaw daily accounting operations, identifying cost-saving opportunities to improve profitability.Accounting Staff
PT Hansnesia Dyeing · 1999 — 2000Handled daily tax operations, including preparation and submission of VAT and Income Tax reports. Managed accounts payable and receivable functions, ensuring accuracy of financial records. Oversaw petty cash disbursement and supported general accounting tasks to facilitate financial operations.
Skills & Expertise
Education
- Doctoral Program in Economics (Accounting Science)Trisakti University · 2022 — 2025
- Master of AccountingGadjah Mada University · 2007 — 2010
- Bachelor of AccountingSTIE Nusantara · 2000 — 2002
- Associate Degree in AccountingUniversity of Indonesia · 1996 — 1999