Afdhol Marthoni

Afdhol Marthoni, SE, CA

Finance, Accounting & Tax Specialist | 22+ Years Experience

Versatile and highly experienced Finance, Accounting, and Tax professional with over 22 years of leadership and hands-on expertise in financial reporting, budgeting, tax compliance, ERP systems, and data analysis.

Jatimakmur, Pondok Gede, Bekasi. Indonesia

Professional Experience

1. Head of Finance, Accounting & Tax
PT Nutra Herbal Indonesia (Holding Company of Digital/E-Commerce Business)
Jan 2022 – Present
  • Manage financial reports and analysis for management and external stakeholders to support decision-making processes
  • Lead the budgeting and forecasting processes and monitor the variances to ensure effective resource allocation
  • Develop and implement tax strategies to ensure compliance with all regulation and requirements and optimize the organization's tax position
  • Provide leadership and direction to the finance, accounting, and tax teams. Develop a culture of continuous learning and professional development
  • Maintain cash flow planning and ensure adequate liquidity for daily operations for multiple entities
  • Lead on the set up and implementation of new integration system ERP (Epicor) to enhance efficiency and effectiveness
  • Collaborate and support to provide business review and tax impact on every commercial transaction to other departments
2. Head of Finance, Accounting & Tax | IT Manager
PT Windsor Indonesia (Holding Company)
June 2013 – Sept 2021
  • Manage all of finance, accounting & taxation activities for all group including consolidation reports
  • Manage the budget process, including forecasting, variance analysis, and reporting
  • Collaborate with cross-functional teams to identify and analyse financial risks and opportunities
  • Liaise with Authorities; BKPM, Bapepam and OJK, ensure compliances with all regulatory
  • Manage all tax-related issues, including tax audits, objections, and appeals to the tax court
Awards & Achievements :
  • 2015, Win at Tax court on appealing of tax dispute and safe Rp 1,5 B as result
  • 2014, safe Rp 2,4 B as result reforming in merger and Acquisition
  • 2013, Win at Tax court of tax objection and safe Rp 8,3 B as result
  • Drove Rp 400 M in annual tax saving through reforming marketing activities
3. Finance and Administration Manager
PT Oceancash Felts, Subsidiary of Oceancash Malaysia
Dec 2010 – June 2013
  • Establish financial policies, procedures, for new manufacturing business
  • Prepare monthly report to Head Quarter - Oversea
  • Set up manufacturing process, stock report and inventory management for daily operations
  • Manage all the banking activities and liaise with bank officer including monthly and quarterly report and requirements
  • Manage budget and forecasting activities
  • Manage and reporting all taxes (E-SPT & E-Filing) and liaise with the tax officer
  • Manage for all company licenses requirements and administration, including manpower for all local and expatriate staff
Awards & Achievements :
  • 2012, make a good at tax objection and safe Rp 1,1 B as result
  • 2011, Succeed to get Bank Term Loan Rp 20 B of working capital
4. Finance Accounting & Tax Manager
PT Inai Kiara Indonesia, Subsidiary of Inai Kiara Malaysia
Dec 2008 – Dec 2010
  • Oversee the financial and accounting functions of the company, and reporting
  • Develop financial strategies to improve financial performance and achieve business objectives
  • Maintain cashflow, budgeting and forecasting
  • Liaise and manage relationship with Bank Officers and negotiate on business terms loan
  • Ensure compliance with all relevant tax laws and regulations
Awards & Achievements :
  • 2010, Succeed to drawdown Bank Term Loan Rp 160 B ; Rp 140 B for Purchasing vessel and the rest for working capital

Core Skills & Tools

Accounting & Finance:

  • Financial reporting and analysis
  • Cashflow, budgeting and forecasting
  • Financial modelling
  • Business restructuring, merger, acquisition & liquidation
  • Strong computer skills and analysis
  • Skilful tax preparation and management

Technology and Software Management:

  • Advanced Excel (Power Query, Pivot, VBA)
  • Microsoft SQL Server
  • Microsoft SSIS / SSAS
  • Microsoft Power BI
  • Basic Python for data analysis
  • BC 5 Accounting
  • SQL Accounting System
  • Accurate Accounting System
  • ERP Epicor System

Academic Background

  • Bachelor of Accounting Degree (S1), State Andalas University - 2005
  • Diploma of Accounting Degree (DIII) State Andalas University - 2002
  • Tax Brevet A, B & C, Indonesia University - 2008

    Brevet A: Individual Taxation, Brevet B: Corporate Taxation and Brevet C: International and Tax Treaty

  • Transfer Pricing and Practical Documentation
  • English course LIA, Moco, - 2000 & 2002
  • Business valuation, Aswath Damodaran – Delloite 2014
  • Leadership and business partnership by Philips - 2005
  • Computer and analysis course:
  • Excel Macros VBA programming
  • Power query and pivot analysis
  • Pivot & Dax Business intelligence
  • BI data modelling and Dashboards
  • SQL Server integration services
  • BI, SSIS, SQL Server & SSAS analysis
  • Phyton fundamental data analytics
  • Phyton for Accountant
  • SQL Accounting System
  • Accurate Accounting System
  • ERP Epicor System

Language:

  • English - Proficient
  • Indonesia - Native

Professional Experience (Continued)

5. Finance & Accounting Manager|Tax & Accounting Executive
MMC Oil & Gas Sdn Bhd, Subsidiary MMC Oil & Gas Malaysia
Aug 2006 – Nov 2008
  • Preliminary company set up, registration BKPM, business license, expatriate work permit
  • Prepared financial report to the management
  • Maintain project cashflow, budgeting and forecasting and liaise with bankers
  • Prepare monthly payroll calculation and withholding tax computation
  • Managing for all taxation; Monthly & Yearly report (E-SPT); corporate & expatriates
  • Liaise with external auditor and tax officer
  • Liaise with government authorities ; BKPM, MIGAS, to comply all requirements, procedure and reports for Oil & Gas company

6. Chief Accountant | Finance & Accounting Staff
PT Sumber Setamurni - Distributor of Philips Lighting
2002 – 2006
  • Handling for accounting & finance, including A/R, A/P financial report and analysing
  • Implement all the requirements from Philips Indonesia such, order and stock management
Awards & Achievements :
  • Jan 2006, 1st Tean Winner of QIC Philips Indonesia Competetion, and assigned to compete at Asia Pacific level in Penang Malaysia
  • Apr 2006, 1st Exhibition winner QIC Philips Asia-Pacific at Penang Malaysia