Manager FP&A
MAERSK
Total years of experience :12 years, 6 Months
Competitors benchmarking/Market intelligence:
Responsible for the quarterly reviews of our competitors’ financials based out of their Interim reports/Annual reports.
Calculation and analysis of EBITDA-margin of our competitors/peers and present the business drivers and commentaries to the SLT (Senior leadership team including CEO)
Analysis of the fleet composition of our competitors and contract coverage for 12 months forward and 24 months forward.
Preparation of 1 pagers for all our peers/competitors consisting of the significant KPIs along with the news section to bring out the industry condition and measuring Maersk performance against peers and present to SLT
Deep dive analysis for the best in the industry competitor and preparation of the slides for the SLT
Analysis and preparation of the synthetic EBITDA-margin (having similar fleet composition that of our peers - how would Maersk’s EBITDA-margin look like)
Sales, General and Administrative cost analysis of our competitors in comparison with Maersk.
Quarterly preparation and analysis of the backlog contract of our peer group based on the contracts they would have been awarded.
Quarterly analysis of impairment, cash positions and financial restructuring of our competitors and present to the SLT.
Reporting, Analysis & ROFO
Monthly financial reporting of Maersk supply service to bring out the actual vs ROFO vs budget. Explanations/reasons for the spikes.
Monthly preparation of the Operation Key Figures report - depicting some details such as the vessels status, performance, contract days, lay-up status, revenue and so on.
Monthly preparation of the vessels KPIs - Customer satisfaction, fuel efficiency, adherence to supply chain, speed test, safety and health and incidence free operation.
Monthly operational costs analysis and reporting.
Coordinating with the onshore colleagues for the preparation of the ROFO.
Weekly analysis of the spot contracts and fleet utilization and thereby recommending business partners.
Key achievements:
Developed the competitors’ benchmarking model to capture the performances of our peer group and thereby explaining the various drivers behind good or bad performances of our competitors.
Developed a model to capture the synthetic EBITDA-margin of MSS. Having a fleet composition similar to our competitors how would our EBITDA-margin look like.
Worked on the deep dive analysis of the competitor securing the best in the class performance and thereby able to explain the gap between them and MSS.
Developed the impairment model to facilitate the decisions on the impairment loss bookings for MSS.
Developed a model around the fleet utilization for spot contracts and thereby helping to assess how efficiently the fleets are being utilized.
Manager - MIPA (Management Information, Planning and Analysis) (2015 - 2016)
Successfully migrated from Australia and France the roles and responsibilities of a Project Finance Accountant for the Project Browse (FLNG project)
Responsible for an in-depth analysis of IDT costs and HOS costs for both SDA and SGPD and present to the SMT.
Responsible for an in-depth analysis of the T&E expenses and present to the SMT with commentaries and suggestions.
Data analysis on the IDTA and HOS time writing sheet and providing solution and following up with concerned stakeholders.
Preparation of VOWD based on the estimation and providing the information to the Project Services.
Reviewing and approving of invoices from the various hosting nations to SGPD for this project.
Cost Center and WBSE data analysis for accurate reporting and recovery mechanism.
Monthly reviews with the Operator and understanding their requirements and providing the required information on time.
Managing and leading a team of 10.
SHELL
Assistant Manager- MIPA (Management Information, Planning and Analysis) (2011 - 2014)
Successfully migrated and is entrusted with the responsibility of handling MIPA Turkey Retail B2C business in terms of the following:
Month End closing activities:
Pre-close and Post Close Financial Reviews of Shell Turkey with multiple entities.
Analyzing, calculating and posting of accruals, provisions and reclassification entries within tight schedule.
Reporting & Analysis
Sales performance reporting & analysis with commentaries for the RMT
Preparation of consolidated financial results to depict actual vs plan vs PY results with commentaries
Working capital analysis of the Retail B2C business for the Shell Turkey and presenting it to SMT.
Fuel product unit margin analysis and Lubes product unit margin analysis and providing commentary to SMT.
Inventory/stock (fuel and lubes) analysis.
Cash flow analysis of the Retail B2C business for the Shell Turkey and providing commentaries on our cash position to SMT.
Lubes performance report and analysis on the various lubes products and their margin and explaining the drivers and confirmation via business partnering
1060 Sites profitability analysis and bringing out the negative profitability sites and the reasons behind the poor performances and presenting the PPTs to the DMs and TMs.
Opex analysis for Shell Turkey and presenting it to the budget holders for their further course of action.
Shell Turkey’s market share analysis and reporting to the higher leadership team.
Budgeting & Forecasting:
Coordinating & executing with the FiB in the production of T&R (Annual budgeting) and making sure in complying with the uploads in the tools.
Quarterly preparation of LE (Latest estimates) for Turkey B2C and reviewing with FM and uploading in the LE tool.
Leadership: Supervised and developed a team of 7.
SHELL
Senior Analyst (2009 -2011)
Trading North America (Canada) -Successfully managed the migration and was entrusted the role of a senior analyst.
Key achievements:
Automated the site profitability reporting for 1060 sites by working on correcting the data quality issues in the systems and getting the report substantially automated which helped in saving 3 working days in a month and enhanced data accuracy and fit for purpose commentaries.
Identified the loopholes in the lease contracts and executed the corrective measures to bring about a significant bottom line impact for Retail B2C business.
Built a model around the lubes profitability and scenario analysis which helped in identifying the product mix that should be focused on developing a topline growth.
Been part of the team which helped in simplifying and fully automating the invoicing process for Shell energy trading
Developed the latest estimates model for a smooth LE process and developed the Lubes performance analysis model to help Lubes manager to take/maintain corrective actions
General accounting, financial planning and analysis and month end closing and reporting