Herbi Rihiratu[1700+]

Current

Superintendent for Assets at PT Kaltim Prima Coal

Past

General Manager at PT Fittaro Sejahtera
Program Manager at GE Money
Business Process improvement project Officer at L'Oreal

BPCS v.6 Supply Chain Project Coordinator at L'Oreal
Stock Controller at L'Oreal
Pépinière Program (Management Trainee) at L'Oreal
Intern in Production Engineering at Komatsu

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Education

New York University - Leonard N. Stern School of Business
GE Crotonville Training
Association for Investment Management and Research also known as CFA Institute

Universitas Indonesia
Universitas Trisakti
Pangudi Luhur

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3 more...

Recommended

1 person has recommended Herbi

Connections

500+ connections

Industry

Mining & Metals

Websites

Herbi Rihiratu[1700+]’s Summary

Corporate Generalist with extensive experience in Consumer Goods and Consumer Finance Industry: L'Oreal and GE Money. Spend 1 year as Management Trainee in L'Oreal, then various position in operations that liase to marketing and industry. Experience in budget projection at GE and credit card program management.

Capital Market and investment specialist by training, have passed 2002 CFA (Chartered Financial Analyst) level 1 exam. Have master (MM) in finance from University of Indonesia, graduate in 2002.

Good Corporate Governance enthusiast, had done research for thesis titled: Development of Good Corporate Governance Questionnaire,(find at: http://tinyurl.com/ys9vf7) , supervised by Prof. Sidharta Utama, Ph.D., CFA, the Vice Dean of Academic Affairs of FE UI, Independent Commisioner of PT Astra Sedaya Finance (Astra Credit Company)

Currently working at Kaltim Prima Coal is the world's largest producer and exporter of thermal coal.

Herbi Rihiratu[1700+]’s Specialties:

Financial Analysis, Good Corporate Governance, Marketing Strategy, Business Development, Stock Controlling, Project Management, Trade Finance.

Herbi Rihiratu[1700+]’s Experience

Superintendent for Assets

PT Kaltim Prima Coal

(Mining & Metals industry)

May 2008 — Present (1 year 3 months)

Control assets and inventory of the Open Pit Coal Mine of PT Kaltim Prima Coal in Kalimantan Timur province.
Manage multiple aspect of the Capital spending, fixed & lease asset accounting processes and control over inventory accounting to ensure timely, accurate and compliance to GAAP, relevant taxation and other regulations.
Trade Finance management
Analyze and propose to KPC management the optimal treatment of capital finance to optimize financial and fiscal benefit i.e. Interest Rate Swap Facilty
Administer leases/loan for capital financing i.e. legal and cash management
Administer trade and banking facilities i.e. bank guarantee facility
Direct the processes of reconciling inventory data. Ensure exposure on obsolete and excess parts in stock are properly managed.
Ensure Internal Audit recommendations are implemented
General Manager

PT Fittaro Sejahtera

(Privately Held; 1-10 employees; Construction industry)

January 2007 — May 2008 (1 year 5 months)

Initiate to participate in Kabupaten tender projects in North Sumatera province.
Capital budgeting and Feasibility study on traditional government market construction.
Pitch to banks and insurance companies.
Feasibility study on palm oil plantation project in East Kalimantan.
Program Manager

GE Money

(Public Company; 10,001 or more employees; GE; Financial Services industry)

March 2006 — December 2006 (10 months)

v NPI leader : Initiate and pitch for new insurance product introduction to be sold to existing credit card customer database of PT GE Money and PT Astra Sedaya Finance (Astra Credit Company).
v Develop new business: analyse credit card customer base, analyse market, select channel (Telemarketing, Point of Sales, Direct Mailing, CRM, Customer Service, or S2S/Service-to-Sales), select product, and select best partner for strategic alliance.
v S1 (GE Growth Playbook) : 5 Years Income Statement Projections of Insurance GE Money and PT Astra Sedaya Finance’s discount insurance.
v S2 : 2 Years Income statement projections of Insurance GE Money and PT Astra Sedaya Finance’s discount insurance.
Business Process improvement project Officer

L'Oreal

(Public Company; 10,001 or more employees; OR; Cosmetics industry)

February 2005 — February 2006 (1 year 1 month)

v Control project management for company wide innovation projects.
v Working aligned with corporate MIS Manager for implementation of projects.
v Report directly to Finance and Administration Director and President Director, the milestones and tasks updates in the project management.
v Create Net Sales reports daily on all business division to the Management Committee.
v Initiate Net Sales Reporting for Consumer Product Division.
BPCS v.6 Supply Chain Project Coordinator

L'Oreal

(Public Company; 10,001 or more employees; OR; Cosmetics industry)

June 2004 — January 2005 (8 months)

•BPCS (Businnes Planning and Control System), pronounce "bee picks" is categorized as ERP software.
Consult users in Supply Chain (Finance and Operations) area for accommodating tailor-made process while emphasizing adherence to the L’Oreal internal control standard.
• Reengineer existing business process in the Supply chain i.e. warehouse activities, customer service activities and procurement activities.
• Write all documentation manuals on BPCS for Operations department.
• Plan and conduct new process trainings for BPCS users in Supply Chain (Finance and Operations) area.
• Act as Users Champion or Help Desk for all users in Supply Chain (Finance and Operations) area.
Stock Controller

L'Oreal

(Public Company; 10,001 or more employees; OR; Cosmetics industry)

October 2003 — May 2004 (8 months)

• Act as a liaison between local marketing, marketing - Asia zone, factory and product registration department to eliminate disturbance in L’Oreal’s torrent product launches each month.
• Develop yearly budget and trends for stock situation for Consumer Product Division’s L’Oreal Paris brand.
• Ensure the alignment of actual and trend of inventory in term of Days of Inventory and in term of value.
• Organize and coordinate the Business Division forecast meeting (with Marketing, Commercial, Operations and Finance) to procure goods/stock
Pépinière Program (Management Trainee)

L'Oreal

(Public Company; 10,001 or more employees; OR; Cosmetics industry)

September 2002 — September 2003 (1 year 1 month)

Analyses department for improvement project. Change department every 3 months. Departments list: Finance and Operation (Consolidated Reporting System and BPCS (ERP) system), Marketing luxury product division (Biotherm Brand), Industrial management (L'Oreal Factory cost accountng).
Intern in Production Engineering

Komatsu

(Public Company; 10,001 or more employees; Machinery industry)

March 1999 — June 1999 (4 months)

•Accomplished reduced man-hour by 26% or 49,1 m.o. IDR p.a. in PC 750 excavator production line.
•Evaluate and assess the PC 750 excavator production line using Statistical Quality Control tools or what we called Kaizen tools or the “Eight Steps”.
•Determine and write the renewed working standard procedure for seat block installment process.
•Complete a two-day Quality Control Circle LEADER training program.

Herbi Rihiratu[1700+]’s Education

New York University - Leonard N. Stern School of Business

Valuation , Finance , 2009 — 2009
GE Crotonville Training

Foundations of GE Leadership 2006 — 2006

Regional Training for Management in Indonesia
Association for Investment Management and Research also known as CFA Institute

CFA (Level 1) , Financial Analysis , 2002 — 2002
Universitas Indonesia

MM , Magister Manajemen Keuangan (Financial Management) , 2000 — 2002

Thesis titled: Development of Good Corporate Governance Questionnaire, supervised by Prof. Sidharta Utama, Ph.D., CFA. Find my theses at : http://tinyurl.com/ys9vf7

Activities and Societies:

Good Corporate Governance Case Training in IICD
Universitas Trisakti

ST , Sarjana Teknik Mesin (Mechanical Engineering) , 1994 — 1999
Pangudi Luhur

Highschool 1992 — 1994

Additional Information

Herbi Rihiratu[1700+]’s Websites:

Herbi Rihiratu[1700+]’s Interests:

Studying Austrian Economics, News on US Politics, Studying Corporate Governance, Environmental Studies, Carbon Finance, Carbon Solutions. Singing in Church Choir. Listening to Christian Music.