ERNEST NAPITUPULU
Taman Duren Sawit, Blok B1 No.15, Jl. Rawa Domba, Jakarta 13440,
Indonesia
Telephone 62-21-8600108; 0915-8041609(Manila, Phils)
Email ernestnapitupulu@ibm.net
BACKGROUND SUMMARY
Has eleven years of professional experience in finance,
accounting and administration fields, including management of large number
of staffs. Extensive background in formulation of funding strategy through
money market and capital market instruments, on shore and off-shore as
well as other type of resourcess. Exposure in Initial Public Offering,
rights issue, bonds issue, mergers and acquisitions, and due diligence
processes. Established and developed accounting system for hotel and
property companies including its construction and operation. Outstanding
inter-personal and communication skills, ability to build, develop and
influence team members supported by a strong leadership ability. Hard
working, highly motivated, decisive and ambitious.
EDUCATION
Asian Institute of Management, Manila, Philippines, 1998-1999
Candidate for the degree of Master in Management
(Under Asian Development Bank Scholarship program)
Philippine Union college, Manila, Philippines, 1983-1986
BSC - Accounting
PROFESSIONAL EXPERIENCE
PT. Jakarta International Hotels & Development Tbk
(A leading hotel and property development company, listed in the Jakarta
Stock Exchange and served as the holding company with total asset of US$
1.25 Bio as of December 31, 1997)
Accounting And Finance Manager, August 1993 - May 1998
Assist the Finance Director in maintaining the day to day group financial
operations including projects finance. Control and monitor the financial
performance of Hotel Borobudur Inter-continental, Jakarta (a 5-star
diamond hotel with 700 rooms.
Handling the treasury functions of the Company, including loan maintenance
and restructuring. Established, developed and maintained company's
accounting and finance systems including its related policy and procedures
Hotel Atlet Century Park, Jakarta
(A leading three-star hotels in Jakarta, managed by Century Internaitonal
Hotels, Hong Kong)
Assistant Financial Controller, October 1992 - August 1993
Assist the Financial controller in all financial aspects fo the company.
Responsible for the preparation of financial reports, forecasts and other
related areas including cash flow management. Responsible for the
training and supervision of Accounting department. Advised property owner
on the establishment of the company's policy & procedures including its
proper implementation.
Gudang Garam Surya Hotel And Cottages, Prigen, East java
(A three-star mountain resort hotel with 300 rooms, owned by PT. Gudang
Garam Indonesia)
Financial Controller, November 1991 - October 1992
Establised the hotel accounting systems and its computerization as well as
its related financial policy and procedures. Handling all financial
affairs, preparation of financial reports and forecasts. Trained and
supervised the work of all accounting staffs. Assisted the
management/property owner in all matters including loan applicaiton and
maintainance
Surya Beach Cottages, Sanur, Bali
(A three-star beach resort hotel with 300 rooms)
Accounting And Finance Manager, September 1988 - November 1991
Represented the property owner from the construction period until its full
operation. Established the Company's organizational system including its
policy and procedures. Managed the accounting and finance department
including its personnels training. Responsible for working capital loan
application, maintenance and repayment
American International Assurance Company, Ltd., Jakarta
(Life and general insurance company associated with American International
Group, USA)
Accountant, June 1987 - September 1988
Maintained and controlled company's ledgers, including its monthly
closing. Responsible for monthly tax planning and filing
Controlled insurance agents' commission payment and its related records
maintenance. Participated directly in the Company's annual budget
preparation.
OTHER INFORMATION