Academic:
• Oxford Brookes University, B.Sc. in Applied Accounting
• Member of Association of Chartered Certified Accountants (ACCA) of UK.
• Chartered Financial Analyst (CFA) (All 3 levels passed)
CAREER HIGHLIGHTS
Schlumberger
Schlumberger is the leading oilfield services provider, with over 155,000 employees and revenue of $42bn. It is listed on NYSE.
Project Financial Analyst (Cost Management Project) – Nov 2013 to Date
• Project set up, training and financial analysis. Define business strategy, governance structure and annual business plan. Implementation of new business & financial systems, processes & procedures.
• Collect data and perform research & strategic analysis to identify preliminary focus areas for improvement; validate focus areas and advice to senior management. Define top-down targets.
• Conduct meetings & presentations with senior management to engage segments (operations) and functions. Buy strong engagement of operations management and function managers.
• Perform analysis and develop business cases for prioritized initiatives. Increase visibility of current costs & improve business processes for cost optimization. Financial report of project status to Area VP.
• Monitor initiatives implementation. Initiatives with clear ownership, metrics and criteria for success under continuous monitoring. Setup monitoring process and KPIs.
Senior Management Accountant (Arabian Geo-market) – April 2012 to Oct 2013
• Prepare monthly consolidated financial statements for Saudi and Bahrain including Joint venture.
• Prepare annual budget forecast and subsequent review; participate in budget review meetings with operations and presenting final budget to management. 12 month rolling forecast including operating and capital expenditure budgets. Compile the 5 year business plan.
• Reporting periodic consolidated financial statements, project reports, budgets, KPIs, cash flow, variance analysis, IBT comments & balance sheet comments to area controller.
• Analyzing financial performance and so contributing to medium and long-term business planning/forecasts, analyzing variances and exploring potential problems with line managers.
• Provide technical and other support for tenders, mergers and acquisitions and research projects.
• Treasury report financial risk exposures analyze impact and make proposals to manage risks, maintain liquidity throughout the year, working capital management and reduction of foreign exchange exposures.
• Providing support service by working with operations & research departments and the management team to help make financial decisions;
• Facilitating MI segment integration with SLB post acquisition. Overseeing day to day financial and accounting activities and reviewing monthly reports for three entities. Review payables and receivables.
• Tax entries and preparation of tax statement of earnings for three entities.
• Co-ordinate and prepare annual budgets, Ensuring spending is kept in line with the budget; including CAPEX, tender analysis etc.
• Liaising with other function managers to put the finances and accounts in context;
• Producing periodical and ad hoc management reports, analyze business performance / results, providing feedback to Senior Management.
• Improving an effective internal control system & liaise with internal & external auditors, department managers and senior management. Implementation of new tools & techniques to improve accounting and reporting process & system in order to increase efficiency & productivity.
Qatar Power Company
Ras Laffan B 1025MW Gas fired Power Station & 60 Migd Desalination plant. A joint venture of International Power-GDF Suez (Listed on LSE) & Qatar Electricity & Water Company (listed on DSM).
Financial Accountant – January 2009 to March 2012
Finance Officer – November 2007 to December 2008
Skills & Responsibilities:
• Produce monthly financial statements with in-depth analysis of various operational & financial components in accordance with IFRS and subsequent review with Business Manager.
• Quarterly reporting of financial position and comparatives to QEWC. Group reporting of financial statements, KPIs & management reports to QEWC & International Power.
• Monthly work in progress costs, Ad hoc reports, capitalization & apportionment of project costs during the construction phase.
• Monthly management reporting, variance analysis & forecasting and forecast review meetings. Analyzing and investigating reasons for variances with budgets & forecasts.
• Treasury & cash flow management. Sweeping bank accounts; Ensuring & maintaining liquidity to meet monthly requirements & depositing surplus funds.
• Affecting monthly loan interest payments based on LIBOR, sending monthly draw down requests and ensuring compliance with the loan agreement.
• Maintaining fixed asset register, running depreciation & preparing monthly schedules for equity, loans and intercompany transactions.
• Checking relevant interest rates & affecting periodic Hedge interest payments.
• Coordinate with Auditors to finalize regulatory tasks and timely reporting of issues
• Affecting Equity bridge loan interest payments. Monthly withholding tax payments.
• General accounting, payroll and gratuity provision & accounting.
• Periodic inventory reporting and reconciliation. LC costing, goods in transit, EPC and warranty spares.
• Reviewing bank reconciliation and all closing activities, finalization of schedules and GL maintenance.
International Power Company
100% owned subsidiary of International Power – GDF Suez (FTSE 100 Company). 1292MW Oil fired Power station
Management Accountant – June 2007 to October 2007
Management Trainee Finance – June 2006 to May 2007
Skills & Responsibilities:
• Monthly management reporting, variance analysis & forecasting and forecast review meetings. Analyzing and investigating reasons for variances with actual –v- budgets & forecasts.
• Preparation of annual budget, and periodic reviews investigating the reasons for variances.
• Assimilate, analyze and present financial and non-financial KPIs to internal stakeholders facilitating effective decision making and providing better insight of the business
• Preparation of monthly Operations & Maintenance Report and Finance Report to CEO of HUBCO & Station Manager.
• Cash flow forecasting for the year identifying shortfall & surplus. Placement of excess funds & breaking deposits where required.
• Interpretation of Operations & Maintenance Agreement and Power Purchase agreement with different entities including HUBCO, WAPDA and the Govt.
• Raising Fixed and Variable Income Invoices, Plant betterment invoicing and qualifying expenditures. Negotiating and settling disputes in light of the operations & maintenance contract.
• Managing & periodical reporting of all account receivables and account payables, ageing and payments.
• Preparation of annual business plan, in coordination with operational & business managers to meet deadlines in accordance with company policy and reporting it to regional office.
• Formulating landed cost sheets & affecting all foreign currency payments.
• Ensuing compliance of all documents with the company’s internal procedures and regulatory authorities.
• Submission of withholding tax & commercial tax. Treasury & bank correspondence.
• Establishing, operating and revising accounting systems to meet new financial requirements.
Fixed Asset Audit:
• Conducted a detailed audit of Fixed Assets of the Power Plant; comprising I&C, IT, Mechanical, Electrical, Services, Corrosion & Stores.
IKON Technologies
Finance Officer – June 2004 to May 2006
Skills & Responsibilities:
• Managing & periodical reporting of all receivables and payables and ageing to CEO and other departments.
• Affecting monthly variable interest payments on the running finance account.
• Monthly closing, accruals & adjustments up to finalization of accounts.
• Verify monthly payroll & invoices for payments, posting of accounting vouchers & journal entries, calculation of depreciation & unearned income etc.
• Prepare periodic reports on the organization’s financial status and co-ordinate the preparation of departmental budgets.
• Establishing, operating and revising accounting systems to meet new financial requirements.
• Treasury, local and out of station bank reconciliations and systematical checking of daily bank position to for liquidity requirements.
• Bank correspondence i.e. issuing Earnest monies, Bank guarantees, Interest payments etc.
• GL and chart of accounts maintenance. Submitting pension, Income tax and VAT tax returns.
• Responsible for following finance policies in area of work i.e. General Ledger/Bank work, fixed asset accounting.
• Interaction with external audit staff to ensure effective and timely completion of audit.
• Streamline and amend changes to chart of accounts.
TECHNICAL PROFINCIENCIES
IT Skills:
• MS Office & MS Outlook. Experienced in the use of spread sheets, financial modeling.
• ERP systems; Lawson, Oracle, Hyperion & Smart view reporting, Sun systems, Maximo.
• Vision Excel & Vision Executive.
