The Indonesian Finance Minister, Sri Mulyani Indrawati, estimates Indonesia’s economic growth in 2023 at around 5 percent (y/y), slightly below the target that was set in the 2023 State Budget (namely 5.3 percent y/y). Strong economic growth and relatively low inflation rate compared to inflation rates in most countries abroad mainly contributed analysts’ positive projections on Indonesia’s economy in 2023.
This year, the Indonesian government puts emphasis in maintaining economic resilience and recovery by ensuring more productive and quality government spending, focusing on varying financing sources that are not vulnerable to global volatility, especially foreign direct investment (FDI) and implementing a comprehensive policy mix to accelerate economic recovery through pro-stability. Also, Bank Indonesia, the central bank of the Republic Indonesia, is taking extra steps and multi-actor synergy in maintaining the country’s inflation stability even though global supply chain disruptions are still ongoing.
With the readiness of the national economy in facing the existing challenges, Indonesia is estimated to become The Bright Spot in Asia. Given the current local and global macro and geo-political development, how should finance leaders in Indonesia be prepared to remain resilient even though the global economy will experience a deeper slowdown in 2023? Moreover, in the race to innovate, automate and transform, and against the continuing uncertainty, how should finance leaders prioritise the many priorities on the roadmap of growth and recovery in the next normal?
Themed “Making Finance a Better Strategic Partner to Business”, FutureCFO Conference 2023 series seeks to bring to the fore strategies, process transformation and technology innovations that aim to do just that – make finance, and the CFO, an even better strategic partner to business.
Taking place on 13 July 2023, the 2nd Annual FutureCFO Indonesia Conference will gather over 120 senior finance professionals from multiple industries in Indonesia. This by-invitation executive gathering will also discuss strategies to confront challenges facing finance function post-digitalisation, stay agile and drive business forward amidst continuing uncertainty and new challenges.
At this year’s in-person event, we will bring together some of the leading minds in finance in the country to solve real-world business problems today and seek to present use cases to answer critical challenges facing the various finance functions such as:
WHO SHOULD ATTEND?
CFOs, MDs, VPs, Directors, Heads, GMs, and Senior Managers, involved in:
The FutureCFO Conference aims to give CFOs, who also act as their company’s strategic business partner and catalyst, insights on ensuring corporate growth and successfully mitigating risks and challenges amidst the current economic and political uncertainties in their countries. The conference will also address strategies and best practices on how CFOs can reimagine finance functions and their organizations to survive and thrive in today’s fast-paced and digitally driven landscape.
This by-invitation only one-day event will gather over 120 senior finance leaders from multiple industries and offers the best opportunity to hear from the industry’s leading professionals, contribute questions from the floor, engage in incisive panel discussions that discuss real-life business cases, updates and strategies to meet the most pertinent challenges facing the finance function in 2020.
We gather 20+ industry speakers and experts from leading organizations for keynote presentations and incisive discussions so you can tap on their invaluable insights and best practices important to your finance function management and transformation.
Be part of our interactive panel discussions that address the current hot topics, share ideas and experiences and get the answers to your pressing questions from prominent finance leaders on stage.
Meet new business partners, engage and forge new connections with fellow finance and treasury leaders in the region, solution providers and many more at our event through luncheons, coffee breaks, one-to-one meetings and informal introductions.
8 hours of learning and networking opportunities packed into 10 in depth sessions. Listen to corporate-driven best practices and case studies sharing that are targeted to your profession through the personalized country-specific conferences we crafted for you - FutureCFO Conferences.
09:00
Allan Tan, Group Editor-in-Chief, CXOCIETY
09:15
The confluence of rising inflation and interest rate, tensions in geopolitical, regulatory changes, energy security, foreign exchange volatility, supply chain disruptions as well as climate change risk had reshaped CFO’s responsibilities in magnitudes. With things are changing rapidly locally and globally, exacerbated by slowing growth, planning for 2024 is certainly not an easy task for finance leaders in Indonesia. CFOs are required to be agile and flexible to capture new opportunities especially with the potential shrinking in customer demands as the world is likely or already in recession.
Moderator:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Panelists:
Chee-Hean Chew, Director & Asia Pacific South Controller, CABOT INDONESIA
Nicky Lee, Director & CFO, INDOSAT OOREDOO HUTCHISON
Niraj Jain, CFO, MATAHARI DEPARTMENT STORE
09:55
Are you feeling the heat of inflationary pressure on insurance costs? As expenses continue to surge, it’s imperative to adopt a strategic approach to address your risk management strategy.
Mukesh Ramani, Natural Resources Growth Lead, Asia, AON
James Ponsford, Head of Growth & Regional Director, Credit Solutions Asia, AON
10:20
Digital transformation has saved many businesses when the pandemic struck. However, in reality, almost no organisation has finished their digitalisation journey. While most organisations are now more digitally mature and they are in the better position to thrive in the post-pandemic era, what businesses are asking for constantly evolves.
Moderator:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Panelists:
Ervina Waty, Group CFO, ATERIA
Riza Nurfadhli, Head of Finance, LION PARCEL [Winner of Most Innovative Use of Cloud, Platforms and Ecosystems Award at FUTURECFO Excellence Awards 2023]
Liana Kuswandi, Finance Director, PRODIA WIDYAHUSADA
Benny Joesoep, Finance and Commercial Director, TRIPATRA ENGINEERS AND CONSTRUCTORS
11:00
11:30
Interviewer:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Interviewees:
Namit Kamra, Corporate CFO, Country Treasury & Insurance Lead, INDORAMA POLYCHEM INDONESIA
Krishna Worotikan, CFO and Diversity/Inclusion Lead, MICROSOFT INDONESIA
12:00
This session will unfold the new expectations for finance role as strategic business partner and how to transform finance function into strategic business-partner, capable of providing critical supports and insights to deliver sustained profitable growth and seamless operational excellence.
Moderator:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Panelists:
Novita Kwee, CFO & HR Business Partner, ABC PRESIDENT INDONESIA
Anuj Kumar Maheshwari, Group CFO, KANMO GROUP
Darma Nubary, Group CFO, SAMATOR GROUP
Chee Kien (CK) Loh, Regional Sales Manager, ASEAN, CCH Tagetik, WOLTERS KLUWER
12:40
13:45
Finance functions want to close faster, cheaper and with fewer errors. According to a recent Gartner survey, 55% of finance functions aim for a touchless close by 2025.
The pandemic, including social and operational restrictions it imposed, rising needs of the stakeholders and macro-economic pressures are creating impetus for a touchless close. However, to achieve a touchless close, it will require finance leaders and controllers to move beyond automation and into autonomous finance.
14:10
Today’s CFOs are often tasked to ensure their organisation’s sustainable initiatives successful. With the myriad and speed of ESG developments, creating further value for the organisation and calculating the value of the return of ESG initiatives are difficult.
Interviewer:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Interviewees:
Beatrix Isabella, Finance & Administration Director, GREENPEACE SOUTHEAST ASIA
Dr. David Kiki Baringin M. T. Samosir, Head of Finance and Toll Road Operations, TRANS BUMI SERBARAJA
14:40
Pritika Bhattacharjee, Vice President, Research in the Gartner Finance Practice says: “CFOs are telling their FP&A leaders that they need to improve flexibility of budgeting and forecasting, enable faster capital reallocation, and updated financial models to reflect rapidly changing business realities”.
With economic activity slowing down, optimising sales is often a challenge for many businesses. As businesses enter into low-growth and high-cost setting, securing collections has become difficult and cash flows get increasingly difficult to predict.
Moderator:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Panelists:
Subhashish Datta, CFO, KALTIM PRIMA COAL
Thila Nadason, Finance Director, MAYBANK INDONESIA
Risa Kurniawati, Finance Director, SHISEIDO COSMETICS INDONESIA
Rahadian Ratmawijaya, Site Finance Director, SOUTH PACIFIC VISCOSE (SPV)
15:20
15:50
When the pandemic hit, organisations pushed themselves to rapidly modernise their applications and platforms and in the pursuit of cost savings, many aimed to become ‘cloud-first’ enterprises. However, as businesses squaring up this year, organisations may overspend on their cloud technology and struggle to keep the cloud costs under control. This session will delve into FinOps or cloud financial operations, an approach that let organisations realise the maximum business value from using the cloud by making data-driven spending decisions.
Interviewer:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Interviewees:
Novy Wulansari, Finance Director, ANUGRAH ARGON MEDICA
Leon Ruben, Senior Finance Director, PRINCETON DIGITAL GROUP
16:20
Gartner predicts that by 2024, 30% of organisation will implement and use AI-enabled processes within their financial management infrastructure. Also, 40% of organisations in service-oriented sectors will consolidate their core financial and operational solutions in a single ERP system.
To prepare for the future of finance function, CFOs will need to assemble a squad of finance employees that speak data and even write in Python.
Moderator:
Allan Tan, Group Editor-in-Chief, CXOCIETY
Panelists:
Albert Ishak, COO, AIRBUS INDONESIA
Ashish Agarwal, CFO, JIVA
Fransetya Hutabarat, CFO, KILANG PERTAMINA INTERNASIONAL
Andrew Ling, Director and CFO, TUNAS RIDEAN
17:00
COO
AIRBUS INDONESIA
Group Editor-in-Chief
CXOCIETY
Director and CFO
TUNAS RIDEAN
Group CFO
KANMO GROUP
CFO
JIVA
Finance & Administration Director
GREENPEACE SOUTHEAST ASIA
Business Solutions Consultant, Lead
SYMTRAX
Finance and Commercial Director
TRIPATRA ENGINEERS AND CONSTRUCTORS
Regional Sales Manager, ASEAN, CCH Tagetik
WOLTERS KLUWER
Director & Asia Pacific South Controller
CABOT INDONESIA
Group CFO
SAMATOR GROUP
Head of Finance and Toll Road Operations
TRANS BUMI SERBARAJA
Group CFO
ATERIA
CFO
KILANG PERTAMINA INTERNASIONAL
Head of Growth & Regional Director, Credit Solutions Asia
AON
CFO and Diversity/Inclusion Lead
MICROSOFT INDONESIA
Senior Finance Director
PRINCETON DIGITAL GROUP
Finance Director
PRODIA WIDYAHUSADA
Natural Resources Growth Lead, Asia
AON
Corporate CFO, Country Corporate Banking, Treasury & Insurance Lead
INDORAMA POLYCHEM INDONESIA
Director & CFO
INDOSAT OOREDOO HUTCHISON
CFO
MATAHARI DEPARTMENT STORE
CFO and HR Business Partner
ABC PRESIDENT INDONESIA
Finance Director
ANUGRAH ARGON MEDICA
Site Finance Director
SOUTH PACIFIC VISCOSE (SPV)
Finance Director
SHISEIDO COSMETICS INDONESIA
Head of Finance
LION PARCEL
[Winner of Most Innovative Use of Cloud, Platforms and Ecosystems Award at FUTURECFO Excellence Awards 2023]
CFO
KALTIM PRIMA COAL
Finance Director
MAYBANK INDONESIA
Speaking Opportunities:
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