Teguh Novrian Utomo

Bukit Cimanggu City

Greenland Residence
Blok DD3 no 5 BOGOR
Mobile Phone +628129271207
teguh.n.utomo@gmail.com

Summary of Key Experiences

 18th years working experience with 7 th years senior managerial position, valuable
working experience in MNC with different industries (FMCG, Pharmaceutical,
Automotive).
 Great accounting book keeper, budget & forecast driver, financial strategic
planning creator. Solid experience in supply chain finance, corporate treasury,
financial animator, working capital management, and productivity champions.
 Good analytical and interpersonal skills, strong strategic thinking and problem
solving with high leadership quality to achieve the organization’s goals.
 Assertive, adaptive, creative, networker, can-do attitude.

Employment History

Danone Indonesia (Danone Baby Nutrition)

Operation Business Controller (Apr 2017-Dec 2019)

As Operations Business Controller for Specialized Nutrition (SN) Division, I was part of
the largest SN profit centre globally and work in a highly demanding and fast-changing
environments. Reported to Finance Director Operations and a key member of the
Finance Leadership Team. As a Business Controller, I was responsible for strategic and
operational business planning, financial performance analysis and animation, driving
company budget rolling-forecast as strategic planning cycles, COGS management,
orchestrating alignment between Finance, Operations, Commercial, Regional & Global
key stakeholders, supporting investment business cases, and consolidation & reporting
of results across 4 factories and 3 legal entities.

Key Deliverables
 Support the development of strategic & operational business plan at periodical
intervals. Involve on strategic decision meeting as financial advisor.

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 Drive Annual Budget, 3-years Strategic Planning, and monthly Rolling Forecast with
full finance aspect and lead cross functional teams consist of Finance, Supply Chain,
Manufacturing, Procurement, Human Resource, Master Data, and R&D to ensure
great quality and timely budget exercise. As a result, appointed as the best budget
proposal for the year of 2019 in ASPAC.
 Responsible for overall monthly closing & all management reporting as per Global
calendar. Review accounting JV and ensure all accounting transaction posted
correctly. Perform detail performance analysis for local management (BoD) and
regional stakeholders (ASPAC Finance Regional team)
 Overall COGS and Standard Cost Process (SCP) management.
 Lead the consolidation, analysis and animation of the financial performance of the
business, including intercompany profit reconciliation and elimination.
 Review balance sheet items, profit & loss, and free cash flow for SN division in
monthly basis and perform movement analysis for local management.
 Together with commercial finance to review the financial business case related to
brand development, sales marketing program, and margin analysis.
 Support business as a business partner for New Product Development and key
investment decisions, to leverage company profitability.
 Monitor Supply & Pricing risk in collaboration with Procurement & Supply Chain and
appraise the Operational Leadership Team of financial implication for effective
decision making.
 Finance business partner for Operational Performance & Productivity (OPP), R&D &
Supply Chain to drive productivity, including innovation projects to reduce
production cost and leverage company profitability.
 Support Corporate Financial Internal Audit during audit period by reviewing the
audit protocol, pre audit examinations, and post audit execution and discuss
alternative control to support audit items goals.

Goodyear Indonesia

Operation Finance Business Partner (Mar 2015 – Apr 2017)

As Operations FBP, I was part of the Indonesia Operation Leadership Team and work
with challenging financial situations. Reported to Regional ASPAC FBP and dotted
matrix to corporate Finance Director. As an FBP, I was the key touchpoint for Indonesia
Leadership Team and bring the financial vision into strategic actions for operation.
Together with Plant Director, driving initiatives as principal change agents and working
alongside with Operation Leadership Team.

Key Deliverables
 Principal change agents in the plant, working together with Plant Director to drive
initiatives, working alongside the plant leadership team.

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 Develop cost savings and plant operational plans to support strategic initiatives
(Operational Excellence – e.g. Loss Analysis, Plant Optimization and Lean Run).
 Oversight all savings projects at the plant (Power Steering project database).
 Provide cost risk and benefit for all opportunities in the production plan pattern for
more effective production ways.
 Drive all productivity planning and projects, execute it in an on-time manner as per
commitment during the budget process to ensure saving is delivered as per
expectations.
 Perform tactical analysis to support solid plant decision making.
 Leading all reporting activities, analysis and Capital Improvement Planning.

GlaxoWellcome Indonesia (GSK Pharmaceutical)

Finance Controller (July 2012 - Mar 2015)

As Finance Controller, I was part of Indonesia GMS Division Leadership Team and work
with a strategic work environment during the transition of organizational changes.
Report to Regional ASPAC FC and dotted matrix to Operation Director. As FC, my role
was also to act as Head of Finance for GMS Division and as a business partner for
Consumer Division FD, and Pharma Division FD. My responsibilities were covering
financial and accounting activities for 3 Indonesia manufacturings (2 consumer plants,
and 1 antibiotic plant)

Key Deliverables
 Responsible for implementation of accounting principals, compliance, and ensure
all transaction posted correctly align with local statutory guidance and
international financial reporting standard, and also in good time manner. Ensure
first time right journal transaction performance.
 Review financial statement for division in monthly basis. Represent company and
liaise with external audit to conduct yearly financial audit.
 Responsible for overall Monthly Closing & All Management Reporting as per Global
Calendar. Present the financial performance and its analysis (actual vs budget vs
rolling forecast), highlight for financial risk and action plan to mitigate the issue.
 Drive Annual Budget, 5y Strategic Planning, Monthly Rolling Forecast Process with
full P/L, B/S and FCF. Presenting budget exercise and plan KPI’s to the regional
leadership team.
 Responsible for standard product costing process and ensure that all elements are
considered with maximum product absorption to avoid loss in operations.
 As a financial advisor for operational cost, creating financial animation and financial
overview for each department and share through monthly strategic meetings.
 Ensure that all financial activities are in line with financial SOP, IFRS, and local
statutory guidance (PSAK).
 Managing the financial aspect of site projects, especially budget spending and
capitalizations.

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 Collaborate with the technical department and give advice in financial perspective
for New Product Development, including standard price exercise and return on
investment related to product introduction, including calculation of NPV and
payback period.
 Collaborate with Operating Excellence function to identify any productivity and
operational efficiencies, and ensure for the realization and application.

AVENTIS Pharma (SANOFI Pharmaceuical)

Operation Controller (June 2011 – June 2012)

As Operation Controller, I was responsible for all Operations Finance aspects, including
standard cost calculation, product pricing, operation variance, fixed asset capitalization
and depreciation. I was reported to Regional APJ Finance Director and dotted matrix to
the Site Director. I was also preparing and analysing the actual performance compared
to budget and forecast. Highlight risks and opportunities, communicate to Site
Director, and do proper actions to secure the Company’s profitability. Review and
monitor the progress of operating expenses and ensure it is in line with the budget
commitment. Ensure optimum cost controlling by challenging every department for
actual expenses versus budget versus trend.

L’Oreal Manufacturing Indonesia

Cost Controller Leader (June 2009-May 2011)

As Cost Controller leader, I was responsible to calculate standard product costing and
product pricing (transfer prices) of each SKU mainly during the budget process for the
existing products and new product launches. Prepare and analyze financial actual
performance, do variance analysis of actual results compare to Budget and Trend,
highlight the risk and opportunity, communicate risk and opportunity to Finance and
Accounting Director and Plant Director and do proper actions to secure Company’s
profitability. Together with finance and accounting department on supervising tax
calculation (VAT, Withholding Tax, and Corporate Income Tax). Member of special tax
task force during tax audit, tax court, and tax appeal. I also managing supplier database
in the system and ensure all supplier information such as bank information, contact
address, etc are updated. Collaboration with the Production team to calculate efficiency
and productivity level. Work closely with Logistic Department to make sure that the
Company has the most optimum inventory level, stock coverage, as well as efficient
supplies and create monthly inventory reporting and present it to the Group. And work
closely with the Human Resources Department for headcount follow up and actual
availability hours.
Treasury Officer and promote as Treasury Leader

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(Apr 2003 – May 2009)

As treasury leader, I was responsible for company free cash flow. Managing company
liquidity, cash performance, loan management, hedging transaction, and managing
working capital position. I was also responsible to negotiate with the bank to have the
best interest which mutually beneficial for the company.

Key Projects

 Eagle Project (Danone SN Indonesia) – SAP Implementation for two SFG production
facility in Sentul and Jogja and automatic interface with FG production facility.
 Protein Project (Danone SN Global) – Productivity project with a target of 15%
conversion cost reduction from 2017-2020 collaborate with Mc Kinsey.
 Ruby Project (Goodyear Indonesia) – Radial tire new facility.
 Energy Reduction Program (Goodyear Indonesia) – Productivity target of 8% energy
cost reduction per year.
 Themis Project (GSK Indonesia) – SAP Implementation.
 Coffee Project (GSK Indonesia) – New Pharma stream facilities.
 Orrange Project (GSK Indonesia) – Spin Off Insto brand and its production facility.
 Komodo Project (L’Oreal Mfg Ind) – Duty Draw Back Cash collection of USD 2.5 mn
collected.
 Member of special Tax Force during tax audit, tax court, and tax appeal.
 Various company projects for work efficiencies and company productivities.

Professional Training and Seminar

 Transfer Pricing Audit and Defense (Danny Darussalam Tax Center, Jakarta –
Indonesia, March 2011).
 Root Caused Analysis and Problem Solving (NEVILLE CLARK, Jakarta-Indonesia,
March 2010).
 Motivational Leadership (Management Development International, Hotel salak,
Bogor, August 2006).
 Service Excellence (Bank Universal, Jakarta – Indonesia, July 2002).
 Various internal company training.

Personal Information

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Name : Teguh Novrian Utomo

Date of Birth : November 13th, 1976
Address : Bukit Cimanggu City Greenlad Residence
Blok DD3 no 5 Kel. Sukadamai Kec. Tanah Sareal BOGOR
Marital Status : Maried
Email Address : teguh.n.utomo@gmail.com
Phone : +628129271207
Graduate year : 2000
University : PERBANAS University Jakarta
Major : Finance & Banking

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