GIRISH CHAND

Senior Manager - Finance and Planning at Emirates National Oil Company

• United Arab Emirates - Dubai
• My current job since September 1998

Senior Manager Finance & Planning - Marketing Segment

• January 2011 to April 2014

Senior Manager Finance & Planning - Marketing Segment (Jan 2011 till date)
Leading Dubai Govt Downstream Oil and Gas Company

Providing financial leadership covering the following areas: • Advisory role and business support to MD and business leaders
• Strategy formulation and implementation
• Business Planning and Performance Management
• Business Development and financial feasibility
• Financial Reporting and Management decision support systems
• Corporate Governance and Risk Management functions
• Company Secretarial function for joint ventures
• Treasury and Working Capital Management
• Financial Accounting and Control
• Adhoc special reviews and business restructuring
• Interaction with various audits - Statutory, Internal and Government

Chief Financial Officer at Retail Segment

• United Arab Emirates
• October 2007 to January 2011

Chief Financial Officer - Retail Segment (Oct 2007 - Jan 2011)
Leading Dubai Govt Downstream Oil and Gas Company

Providing financial leadership covering the following areas: • Advisory role and business support to CEO - Retail and business leaders
• Strategy formulation and implementation
• Financial Plans and Performance Management
• Business Development and financial feasibility
• Financial Reporting and Management decision support systems
• Corporate Governance and Risk Management functions
• Company Secretarial function for joint ventures
• Financial Accounting and Control
• Treasury and Working Capital Management
• Adhoc special reviews and business restructuring
• Interaction with various audits - Statutory, Internal and Government

Manager - Group Financial Accounting and Control at Group Financial Consolidation

• October 2004 to October 2007

Manager - Group Financial Accounting and Control (Oct 2004 - Oct 2007)
Leading Dubai Govt Downstream Oil and Gas Company

Responsible for the following areas: • Group Financial Consolidation
• Financial Accounting and Control
• Development of Policies Procedures and System
• Adhoc special reviews
• Group Coordination with group entities on various audit functions (Statutory,
Internal and Government)


Earlier Roles in Leading Dubai Govt Downstream Oil and Gas Company

Finance Manager at Fuel Oil Trading

• January 2003 to October 2004

• Finance Manager - Fuel Oil Trading (Jan 2003 - Oct 2004)

Senior Analyst at Group CE Office

• July 2002 to January 2003

• Senior Analyst - Group CE Office (Jul 2002 - Jan 2003)

Manager Finance at Bunkering Unit

• January 2001 to July 2002

• Manager Finance - Bunkering Unit (Jan 2001 - Jul 2002)

Controller - Internal Audit and Business Support at Bunkering Unit

• September 1998 to January 2001

• Controller - Internal Audit and Business Support (Sep 1998 - Jan 2001)

Senior Internal Auditor at Al Rostamani Group

• United Arab Emirates
• August 1995 to September 1998

• Senior Internal Auditor - Al Rostamani Group, Dubai (Aug 1995 - Sep 1998)

Internal Auditor at Al Shamali Group

• United Arab Emirates
• October 1992 to August 1995

• Internal Auditor - Al Shamali Group, Dubai (Oct1992 - Aug 1995)

Senior Consultant, Management Audit at Mahajan & Aibara

• India
• August 1990 to August 1992

• Senior Consultant, Management Audit - Mahajan & Aibara, Mumbai (Aug 1990 to Aug 1992)


Accomplishments
Board level dealings and Advisory: • Handled the Company Secretary role for over 6 years in a JV with an Oil Major
successfully managing the Corporate Governance requirements
• Advised senior management on JV matters and handling of shareholder matters
• Coordinated the presentations made by Management to the Ministry on controlled
product pricing
• Coordinated with Consultant and subsequent presentations to Govt department for price
increase on vehicle registration


Strategy formulation and execution: • Key Member of the Strategy formulation team for the Marketing and Retail business for over 6 years.
• Led the newly formed Marketing segment strategy formulation including the vision,
mission and strategy imperatives.
• Led the Group initiative on Balance Scorecard (BSC) development in the Retail Segment with the formulation of the key value drivers, KPI and initiatives, Subsequently also
coordinated the BSC development for the newly formed Marketing Segment and the reporting business units.
• Developed periodic monitoring tools including business units meetings to drive
performance and achieve BSC targets. Achieved above target performance for the segments over the 4 years.


Planning and Performance Management: • Led the business planning process for the Retail and Marketing segment for over 6 years
• Translated the Group aspirations and targets for the segment into individual business
unit targets
• Coordinated the strategy segment and business unit planning process in line with the
Group guidelines
• Developed periodic monitoring tools including business unit meetings to drive
performance and achieve budget targets. Achieved above target performance for the segments over the 6 years.


Financial and Management Reporting
• Overall responsibility for financial statements in accordance with IFRS for the Retail and Marketing segment (7 business units) for over 6 years, successful audit closure with
Big 4 audit firms
• Responsible for periodic management reporting using Cognos BI platform
• Initiated the process of individual profit centre reporting at the net profit level for the
Retail segment. This has enhanced the profitability focus on the individual profit
centres.
• Handled Group consolidation and reporting during the Group Finance stint.
• Developed dashboard for Senior Management on customer and product profitability.
• Developed system for monthly review of business units results incorporating financial
parameters and business feedback on financial performance and key business
developments.


Framework of Control: • Over 20 years extensive experience in development and review of control framework
documents including Delegation of Authority, varied policies on credit, financial
accounting and control including financial accounting manual, sales pricing, business
process in both Internal Audit and Finance roles.
• Secretary to JV Audit Committee to oversee implementation of audit recommendations for business unit.


Restructuring, New Ventures and Divestment: • Key focal point of the first phase of legal restructuring of the Market segment. Developed an elaborate plan and led a multi-functional team to successfully execute the name
change for the Marketing company involving multiple business.
• Key focal point for divestment of the Chemical business within the Marketing segment,
managed to divest the business with minimal current assets writedown.
• Key member of the Retail team involved in divestment of the vehicle repair JV to joint
venture partners
• Successfully setup the Finance function and the initial framework of control policies and procedures for the new Bunkering and Fuel Oil Trading joint ventures
• Interacted with leading management consultants i, e Mckinsey, Booz, AT Kearney on various Group organisation reviews
• Active member of the multi-functional team involved in various Organisational and
Business process study during the Internal Audit stint


Staff development and engagement: • Extensive experience in dealing with large Finance department setup (over 30 staff) and spread across different business units
• Ability to encourage staff to deliver their best in an open environment of individual
contribution, constant learning and empowerment.
• Ability to coach and mentor UAE National staff across various levels from entry to professional categories
• Leadership role in team building across functional teams using specific team building
events and segment team participation in Group sporting events.