Summary
Overview
Work History
Education
Awards
Training And Transition Experience
Timeline
Generic
ARNOL BUNGA

ARNOL BUNGA

West Jakarta

Summary

With over 15 years of experience in finance operations, I currently serve as the Head of Finance Billing Operations at GroupM, the world's largest media investment company. In this capacity, I lead a skilled team, ensuring the accuracy, timeliness, and compliance of all billing transactions and processes.


Previously, I held the position of Finance Advisor Specialist at Accenture China, where I gained significant expertise in managing complex finance projects, leading regional teams, and supporting a range of finance functions, including Record to Report (RTR), Procure to Pay (PTP), and Order to Cash (OTC).


My core competencies encompass finance operations, project management, team leadership, and continuous improvement. I am dedicated to enhancing the efficiency and effectiveness of finance operations, contributing to the growth and success of GroupM and its clients. I value collaboration, innovation, and excellence, and I strive to leverage diverse perspectives and experiences within my team.

Overview

16
16
years of professional experience
4
4
years of post-secondary education

Work History

Head of Finance Billing Operation

GroupM Indonesia
Jakarta, Jakarta
10.2021 - Current
  • Oversaw day-to-day functioning of finance billing operation
  • Proactively drive and streamline the billing process
  • Collaborate with business and operations to complete all billing requirements
  • Managed approximately 4k invoices/month to customers.
  • Align and brief standard billing process and cycles for the new client onboarding
  • Provide support to commercial team during client commercial and financial audit
  • Provide assistant to Finance Director and CFO related to billing operations and another ad-hoc task
  • Identified and proposed suggestions for process improvements to improve service efficiency
  • Managed billing correspondence and handled queries on time for prompt resolution
  • Assigned tasks and managed work of subordinate staff to achieve team goals
  • Collaborated with cross-functional teams to align financial goals with overall company objectives.
  • Strengthened communication between finance department and other business units, fostering an environment of collaboration across the organization.

Senior Finance Billing Manager

GroupM Indonesia
Jakarta, Jakarta
07.2018 - 10.2021
  • Lead and manage Billing team, supervise, and monitor Billing operations
  • Proactively drive and streamline the billing process and oversee day to day billing operations
  • Ensure invoices are timely, accurate and complete in accordance with client requirements and expectations
  • Collaborate with business and operations to complete all billing requirements
  • Manage and set productivity matrix within Billing team
  • Align and brief standard billing process and cycles for the new client onboarding
  • Provide support to commercial team during client commercial and financial audit
  • Provide assistant to Finance Director and CFO related to billing operations and another ad-hoc task
  • Identified and proposed suggestions for process improvements to improve service efficiency
  • Managed billing correspondence and handled queries on time for prompt resolution
  • Assigned tasks and managed work of subordinate staff to achieve team goals
  • Reduced errors and discrepancies in invoicing by closely monitoring billing data and conducting regular audits.
  • Managed monthly billing process to complete billings and returns to meet company revenue recognition policies.

Finance Operation Team Lead

Accenture Technology LTD
07.2014 - 04.2018
  • Manage day-to-day operation of Accounts payable, Accounts Receivable & GL reporting for ASEAN countries
  • Manages month-end, quarter-end, year-end closing of financial records, reviews and provides correction as needed
  • Ensure the delivery teams give a high-quality service to client, customer focused service to client in accordance with agreed Service Level Agreements (SLA) and Operations Level Agreements (OLA)
  • Managed operations efficiently and effectively, verifying customers received exceptional service
  • Monitored operations to ensure employees followed relevant procedures and worked towards defined Key Performance Indicator (KPI) targets
  • Inspired and managed teams in operational improvements, increasing overall productivity
  • Led staff meetings to delegate tasks, assign workloads and communicate changing priorities
  • Support Service Delivery Lead for management task and another ad-hoc task
  • Support month end activities such as prepare monthly financial report package, monthly journal entry, reviewing balance sheet reconciliation, Intercompany reconciliation
  • Support AR & Collection activities such as cash application, sales invoices, sales order, credit note, weekly and monthly AR aging and monthly bad debt provision calculation

Senior Associate, Finance

CapGemini Business Service (China) LTD
10.2010 - 06.2014
  • As R2R & P2P Operation Team Lead Manage day-to-day operation of Record to Report (GL) Team to ensure the accuracy and timely entry of all journal entry, fixed asset process, GL reconciliation, Bank reconciliation, Management reporting, month end closing activity, etc
  • Manage day-to-day operation of Accounts Payable Team to ensure the accuracy and timely entry of all invoices, employee claim expenses, payment process, and monitor service desk QMS
  • Support Team Manager for management task and another ad-hoc task
  • Ensure the delivery teams give a high-quality service to client, customer focused service to client in accordance with agreed Service Level Agreements (SLA) and Operations Level Agreements (OLA)
  • As P2P Analyst: Process invoices in accordance with Capgemini and client invoicing procedures and controls to ensure the SLA achieve the targets
  • Prepare payment proposal and verify payments
  • Reviewing workload and outstanding invoices, monitor blocked and parked invoice reports and ensure aged invoices are followed up on a timely basis
  • Review process and outstanding claims
  • Prepare monthly VAT & WHT Tax report for Indonesia

P2P Associate

Accenture Technology LTD
04.2010 - 10.2010
  • Review the accuracy and timely entry of all invoices into JDE system
  • Ensure that all invoices are approved by users of each department before payment process
  • Perform T&E check and ensure all T&E claim is compliance with company policy
  • Prepare Bank Reconciliation
  • Intercompany Reconciliation on monthly basis
  • Make a confirmation to all Intercompany in every territory to make sure all payable & receivables tied each other on monthly basis
  • Prepare monthly adjustment journal for prepaid expenses and fixed assets depreciation
  • Preparation of creditors invoices for payment
  • Reconciliation of creditor's statements
  • Review the monthly journals and accruals

Junior Accountant

PT Benar Flora Utama
08.2009 - 03.2010
  • Prepare weekly and monthly AR aging report
  • Issue debits note and credit note
  • Prepare and review the monthly inventory report based on monthly stock checking and balancing
  • Prepare monthly fixed assets depreciation
  • Prepare Bank Reconciliation
  • Cash collection for all overdue invoice on customers
  • Checking the completeness of payment request from the suppliers (invoice, tax invoice, purchase order and delivery order) before release the payment
  • Assisted with preparation of monthly financial statements.
  • Provided support during audits by gathering requested documentation and answering questions from auditors.

Education

Some College (No Degree) - Tax Brevet

PPSDM Prima Mandiri
Jakarta
02.2010 - 03.2010

Bachelor of Arts - Management

STIE SWADAYA
Manado
08.2004 - 09.2008

Awards

  • Power of One Award by PT. Wira Pamungkas Pariwara (GroupM Indonesia), 2019
  • Leadership Award by Accenture Technology Solutions LTD, Dalian, 2017
  • Team Excellence Award by Accenture Technology Solutions LTD, Dalian, 2015
  • Community Foster Award by Accenture Technology Solutions LTD, Dalian, 2015
  • Golden Award by CapGemini Business Service (China) LTD, Foshan, 2014
  • Team Excellence Award by CapGemini Business Service (China) LTD, Foshan, 2014
  • Long Service Award by CapGemini Business Service (China) LTD, Foshan, 2014

Training And Transition Experience

  • Onsite Knowledge Transfer of AR Collection process at Accenture Shanghai office, 08/14/17 - 09/01/17
  • Onsite Knowledge Transfer of AR Collection process at Lenovo Jakarta & Lenovo Shenzhen office, 02/12/17 - 02/24/17
  • Due Diligence Workshop Planning at Triumph Ho Chi Minh, Vietnam, 05/25/15 - 05/28/15
  • Onsite Knowledge Transfer of GL and AR process at Diebold Thailand office, 10/21/14 - 11/01/14
  • Record to Report (GL) & Procure to Pay (AP) GPM Training at Cap Gemini Bangalore, India, 10/21/13 - 11/01/13
  • Record to Report (GL) Pre-Impact Assessment at Ferro Asia Pacific Head Office, Shanghai, 11/10/13 - 11/11/13
  • Procure to Pay (AP) Pre-Impact Assessment at Ferro Asia Pacific Head Office, Shanghai, 11/17/13 - 11/20/13
  • Impact Assessment for Procure to Pay (AP) and Record to Report (GL) at Ferro Suzhou plant, 11/24/13 - 12/07/13
  • Impact Assessment for Procure to Pay (AP) & Record to Report (GL) at Ferro Indonesia plant, 12/08/13 - 12/21/13
  • Invoice Management & EASYprocure UAT at Syngenta Asia Pacific Ltd, Singapore, 05/16/11 - 05/27/11
  • Knowledge Transfer with Client SME at PT. Syngenta Indonesia, Jakarta, 11/01/10 - 03/01/11
  • Invoice Management & EASYprocure UAT at Syngenta Asia Pacific Ltd, Singapore, 10/11/10 - 10/22/10

Timeline

Head of Finance Billing Operation

GroupM Indonesia
10.2021 - Current

Senior Finance Billing Manager

GroupM Indonesia
07.2018 - 10.2021

Finance Operation Team Lead

Accenture Technology LTD
07.2014 - 04.2018

Senior Associate, Finance

CapGemini Business Service (China) LTD
10.2010 - 06.2014

P2P Associate

Accenture Technology LTD
04.2010 - 10.2010

Some College (No Degree) - Tax Brevet

PPSDM Prima Mandiri
02.2010 - 03.2010

Junior Accountant

PT Benar Flora Utama
08.2009 - 03.2010

Bachelor of Arts - Management

STIE SWADAYA
08.2004 - 09.2008

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