Financial Accountant: Joint Venture
Jan 11-Present Rio Tinto Iron Ore – Perth, Australia
• Preparing statutory and special purpose financial statements for JV entities
• Preparing monthly reporting packs for JV partners
• Calculating & analysing royalties, blend adjustments & native title liability
• Preparing and analysing cash call working papers
• Ensuring JV activities comply with JV agreements, SOX, policies etc
• Reviewing mine operating, infrastructure, power & intercompany charges
• Contributing to annual JV plan & forecasting JV cost
• Workings on upstream/downstream operating cost for MRRT
• GL reconciliations – scrutiny of GR/IR, debtors & retention balances
• Reviewing and reporting major commitments & FX gain/loss
• Ensuring month end close and reporting is completed as per the deadlines
• Resolving accounting issues related to joint venture entities
• Identifying & actioning process improvement opportunities
• Prepayments, accruals & intercompany charges
Capital Accountant: Joint Venture
May 10-Dec 10 Rio Tinto Iron Ore – Perth, Australia
• Asset reconciliation
• Analysis of assets under construction (AUC)
• Addition / disposal / retirement of assets / unplanned depreciation
• Budget, PEWE & supplement releases for CAPEX
• Liaised with operations to speed up capitalisation (tax cash savings)
• Reviewed capital expenditure applications (CEA)
Achievements
Corrected mine & port cost allocation for inventory valuation
Investigated & corrected distribution model and paid LTD shortfall to inter-co
Improved and reduced reporting time-line
Reconciled and rapid capitalisation to maximise tax savings
Management Accountant
May 08-May 10 Schlumberger Oilfield – Perth, Australia
• Reviewed monthly financial statements and reporting
• Variance analysis and related commentary
• Analysis of Product Revenue Vs. Product Cost
• Analysis of Reimbursable Revenue Vs. Reimbursable Cost
• Analysis & control of inventory & obsolescence
• Prepayments, accruals & intercompany charges
• Rolling forecast & business plans
• Analysis of DIR & DSO & compensation
• Physical count and reconciliation of inventory and fixed assets
• Prepared quarterly snapshot of performance in terms of compensation,
actual vs. plans, revenue by client, DIR, DSO etc.
• Audit of eClaims
Achievements
Significant cost savings in inventory obsolescence
Identified & reported few non-complied eClaims
Identified historical over-provisions for increase in EBIT
Group Accountant
Mar 07-Apr 08 Shedco Group – Perth, Australia
• Reconciled bank, debtors, creditors, intercompany loan accounts
• Maintained fixed assets register
• Processed payroll on weekly basis
• Prepared activity statements, payroll tax and superannuation returns
• Liaised with the external accountants with regard to year end accounts
• Liaised with taxation, financial institution and other statutory bodies
• Answered queries of due diligence team in regard to company take over
• Supervised and trained accounting staff
Achievements
Prepared & reconciled outstanding final accounts of three years
Saved heavy fines & penalties by negotiating with taxation department about
outstanding sales tax, payroll tax and superannuation liabilities
proposed outsourcing of drafting work to reduce cost
Management Accountant
Jan 06-Dec 06 Allied Worldwide, Emerson Network Power Group, Ajilon Group – London
• Produced summary trial balance & reconcile balance sheet accounts
• Produced and compiling management accounts and reporting
• Reconciled variances with forecast and report in financial report
• Analysis of contractor result and consultancy profitability
• Analysis of revenues, operations costs, overheads, etc
• Assisted other month end management accounting tasks
• Assisted regional accountant on month ending processing
Accountant
Oct 04-Nov 05 Crosby Dalwood & Co (chartered accountants) – Adelaide, Australia
Jan 04-Oct 04 Accounting TEK Pty Ltd (public accountants) – Adelaide, Australia
• Preparation & analysis of financial statements and tax returns
• Prepared business & installment activity statements
• Prepayment, accrual and adjustment journals
• Budgets & variances analysis
• Reconciliation of payroll, bank balances, debtors & inter group loan accounts
• Maintained & updated fixed assets register with associated schedules
• Analysis of client business
• Liaison with clients, taxation department, financial institutions
Achievements
Exceed target budget at CD&C
Training & supervision of team members at ATEK
Education: CPA, Certified Practicing Accountant – Australia (2012)
ACMA, Chartered Institute of Management Accountants – UK (2012)
M.Bus (Acc), University of South Australia (2003)
Software: SAP, Value Financials, CAPS, Lawson, MYOB, Quick Books, Solution 6
