CV, Manager, Management Accounting looking to stay in Middle East

Available

Serial No: 16562

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Skills keywords: budgeting, cost control, financial controls, IFRS, taxation

Short Bio:

I would like to contribute to successful growth of a company by providing best of my skills and experience in Auditing, Finance and Tax gained over 12 years in multinational companies, substantiated with ACCA degree. Implementation of SOX controls, System development (Hyperion ERP), MOA revamp project, compliance with Shell Tax control manual, number of Business improvements projects (Cost Leadership ,Budget book revamp and others) are areas where I made contribution along with my team

Current location:  Oman - View on map

Nationality: Kazakhstan

Preferred Sector of Employment:  accounting and finance

Spoken languages: Arabic (Basic), english, Kazakh, russian

Location I am interested in working: Anywhere

Qualifications & Training

London Business School, High Performance Skills for Leaders: Executive programm 2013 Chartered Institute of Taxation,Diploma in International Taxation,UK 2011-curr.

Member of Association of Chartered Certified Accountants (ACCA),UK, First Pass 2010 Kazakhstan Institute of Management, Economics & Strategic Research 1999-2001
Masters degree in Economics-100% Scholarship for excellent performance, GPA 3.87 East-Kazakhstan University, Bachelor Degree in Economics, Honors diploma 1994-1999

Career Summary

Performance Highlights:

• Shell Share award 2013, 2008, 2007–for sustained performance and value to Shell

• 2nd Best Finance Team of the Year Award , 8th Annual CFO Strategies Forum for the MENA Region, Dubai 2014,

• Oman LNG “Taqdeer”-Appreciation Letter– for successful implementation of Hyperion (2014), for successful consolidation of OLNG&QLNG budgets resulted in synergies of $7.7 mln (2013), for conducting Cost Workshop to Shareholders (2012)

• Final 21 nominations for Shell CFO award 2012-part of tax team contributed to recovery of $250M VAT (outstanding since 2008)-alignment of 7 venture partners, negotiation with Government &coordination of VAT audit.

• Double promotion in Deloitte-from Tax Consultant of second year to Senior Tax consultant (skipped level of Tax Consultant of third year) 2005

Oman LNG LLC
March 2012-Present

I am seconded from Shell. Oman LNG produces and sells Liquefied Natural Gas (LNG) and its by-product, Natural Gas Liquids (NGLs). It is the second largest contributor to Oil& Gas revenues in Oman. The major shareholders are the Government of Oman and Shell.

Position: Management Accounting Manager

• Reporting to CFO

• Member of Finance Leadership Team

• Management Information Reporting (MIR) to Shareholders and Board of Directors

• Budgeting, Cost Analysis & Cost Drivers

• Member of C&P committee & Capex Screening committee.

Dimensions: Opex: $US200 mln p.a./ Capex: $US 20 mln p.a./Total Revenue: $US4 billion p.a.

Responsibilities: Achievements:

Staff development (6 direct subordinates) – Graduates and staff development through delegation, on-the job exposure, JSC/Board presentations, trainings

– 2 direct reportees were promoted

ERP Finance Implementation – Hyperion Implementation Lead (Budgeting ERP) & support with ERP (Oracle) implementation

Developed post ERP Budget & Cost procedures

Lead and Drive of Annual Operating and Capital Budgets through active engagement of Budget Holders and Management team Challenged Budget holders which resulted in annual savings of $7 mln average

Presentation of Annual Operating and Capital Budgets to Shareholders Committee and Board Introduced Budget workshop for shareholders (20 members) before Shareholder committee meeting for smooth approval

Lean Focal point in Finance

Effective monitoring and reporting of expenditure, including monthly and quarterly reviews with Management team to meet corporate objectives Controllable Opex is 10% of Corporate Scorecard-Outstanding KPI over the last 3 years

Provide financial advice on Budgetary and cost controls, accruals/VOWD, etc. Conducted In-House Budget Training to Budget

Holders resulted in annual savings of $100K average

Ensure effective cost optimization of Opex and Capex through pro-active engagement of the leadership teams, budget holders and contractors.

-Developed & implemented Chart of Accounts

-Prepared cost leadership project scope, workshops

-Prepared Integrated budget for OLNG & QLNG

within 2 weeks & identified synergies of $7.7 mln.

Review & Evaluate Capital Expenditure Budgets, incl. New Projects evaluation Developed Capex Expenditures Procedure

Hydrocarbon & AP Acts of reconsiliation, reduced time to procces invoices

Fulfilling different stakeholders’ expectations and requirements in view of sensitive information and diverse interests Influencing departments with different backgrounds to work in tandem whilst executing the annual Opex and Capex Budgeting.

Leading Business process improvements,

implement the Budgetary controls & policies -Developed Overhead Allocation for Corporate costs

-Budget book revamp project (from 140 pages to 70)

-In the process of development KPIs for Budgeting

Benchmarking with other LNG plants Automated Benchmarking reports in Oracle

Internal Audit action points in Opex &Capex Timely closure of action points

Shell Kazakhstan Development BV
2006 –Feb 2012
Position: Tax Advisor& SOX focal point: Kashagan and Pearls Projects

Dimensions:

Shell holds a 16.8% in PSA which includes the giant offshore Kashagan field and is the world’s largest crude oil development project(estimated total reserves of 13 bln). Shell also holds a 55% stake in the Pearls project and 40% equity in the project Operator (CMOC).

Responsibilities/ Achievements:

Staff development (3 direct subordinates) – Setting task and targets and IDP for direct subordinates

– On-the job exposure, trainings for staff

– Mentoring to help and advice on getting CIMA degree

– 1 staff was promoted to Senior Tax accountant

Advising to enquiries of Shell entities and

businesses on tax issues & active member of

Caspian Tax leadership team – Tax support for new business development projects

– Advised on Permanent establishment risk of Shell

Global solution in Kazakhstan

Compliance with Tax Management Control and Shell Financial Controls Manual

– Implemented tax guidelines and tax accounting policy to improve internal control & sign-offs wrt GALP

– Implemented SOX in taxation

Tax optimization and cost saving projects Tax saving ideas using double tax treaty provisions

VAT refund Contributed to recovery of VAT $x mln (outstanding since 2008)-align 7 JV partners &coordinating VAT audit

Input to BP wtr Group tax charge projection and Effective Tax Rate, and tax review of DFWs Advised on utilizing tax losses using lower depreciation rates during BP review ( $160 mln saving)

Tax audits coordination & tax appeals – Reduced Initial tax audit results 2004-2006 by 10 times

– Won Tax appeal of 2010 Pearls tax audit (no assesments)

– MK liquidation tax audit for 5 years-no tax assessment, initial exposure was $x mln

Review of CIT,VAT,WHT,PIT returns

complied with PSA & tax legislation – All reports were submitted before deadline

– Successfully completed reconciliation with the Tax authorities for 2008-2011

Business improvements in taxation Automation of preparing of CIT, VAT,PIT returns

Tax assurance&compliance,Group tax reporting All reports In Garance are complied with SOX controls

Deloitte & Touche Kazakhstan
08/2004-June 2006
Position: Senior Tax Consultant

Responsibilities/ Achievements:

Staff development -In-house tax trainings for tax assistants

-Performance appraisals after each project, address & closure of competency gaps

-Lead projects up to 15 staff (delegation & coaching)

Tax reviews of major taxpayers as Exxonmobil, PetroKazakhstan, Kazmunaigaz, Bechtel Inc etc. for compliance with legislation Identified tax risks&recommended solutions, which significantly reduced tax assesments

Tax optimization and cost saving projects Generated tax saving ideas using double tax treaty provisions

Lead tax audits and tax appeals preparation Won several tax appeals with minor assesments

Microsoft Kazakhstan LLP
08/2003-08/2004
Chief Accountant (acting)

Responsibilities/ Achievements:

Staff development Coaching & development of 1 accountant

Preparation of Financial accounts to Head office and Government All reports were submited on time and without errors

AP,AR, Bank payments, fixed assets accounting Internal audit with no action points. Clean external audit report

Reporting to tax authorities (CIT,PIT,WHT,VAT) All reports were submited on time

Baker Hughes International Incorporated (Oil&Gas service company)
5/2002-7/2003
Position: Senior Fixed assets &Revenue Accountant

Responsibilities: Achievements:

Staff development Supervision& coaching of two graduates

Fixed assets accounting – Custom Declarations automation: upload from Excel to Accounting system-reduced entry time from 40 to 10 min

– Developed Fixed assets register& annual Stocktaking process

Sales& Billing Introduced monthly acts of reconciliation for better control

Arthur Andersen
5/2001-5/2002
Position: Audit Specialist

Responsibilities/ Achievements:

Audit of Sales, AR, AP, Fixed Assets of

Oil and Gas companies & Banks Audited around 20 companies in one year with frequent travels

Stocktaking & Audit of Inventory

Appreciation letter from client for helping to develop Stocktaking Inventory control procedure

Business improvements Simplified audit checklist for small companies