Finance & Accounting Supervisor
Halliburton Worldwide Limited
Total years of experience :22 years, 11 Months
Plan, organize, coordinate, and direct subordinate staff in the daily operations of various finance activities including, but not limited to, accounts payable, accounts receivable, general Accounting, tax related matter.
Review and approve work of subordinate staff.
Continues review of implemented policies and procedures.
Perform financial system functions including entering user-defined codes and settings, inputting and
posting transactions, importing third-party system files, initiating and verifying system processes, researching data and processing reports.
Initiate support cases and work with system support representatives to resolve financial system issues.
Reconcile general ledger accounts and subsidiary ledgers.
Resolve banking issues related to assigned finance functions.
Responsible for month-end activities, reconciliations, and reports;
Responsible for external audit reporting.
Responsible for Sarbanes Oxley act (SOX)
Retrieve and prepare documents for response to Head office, Govt related agencies requests.
Investigate, resolve, address, and/or respond to issues, complaints or inquiries from external entities or
within the company/PSL; respond to requests for service or assistance; coordinate activities with inter-company locations.
Provide staff with tactical and strategic direction.
Help the PSLs on forecasting their LTF numbers in Hyperion/RVCS.
Preparing quarterly Project performance report and sending it to management.
Review and approve work of subordinate staff.
Continues review of implemented policies and procedures.
Working on project cost to complete calculation.
Perform financial system functions including entering user-defined codes and settings, inputting and
posting transactions, importing third-party system files, initiating and verifying system processes, researching data and processing reports.
Initiate support cases and work with system support representatives to resolve financial system issues.
Reconcile general ledger accounts and subsidiary ledgers.
Resolve banking issues related to assigned finance functions.
Responsible for month-end activities, reconciliations, and reports;
Responsible for external audit reporting.
Responsible for Sarbanes Oxley act (SOX)
Retrieve and prepare documents for response to Head office, Govt related agencies requests.
Investigate, resolve, address, and/or respond to issues, complaints or inquiries from external entities or
within the company/PSL; respond to requests for service or assistance; coordinate activities with inter-company locations.
Provide staff with tactical and strategic direction.
Supervise subordinate staff; set work priorities; create work schedules; provide training; conduct
performance evaluations; reward and/or discipline employees.
Responsible for SEC reporting and overall management reporting i.e. profit center and cost center
Assisting management in planning, budgeting & Forecasting in Hyperion/ESSBASE which is integrated with SAP
Plan, organize, coordinate, and direct subordinate staff in the daily operations of various finance activities for LSTK projects, including, but not limited to, accounts payable, accounts receivable, general Accounting, tax related matter.
Liaison with BD and Project Manager on customer and vendor contract clauses/Financial Model.
Helping in completing the Project ITD report to global management.
Monitoring Project performance on the monthly basis.
Help the PSLs on forecasting their LTF numbers in Hyperion/RVCS.
Preparing quarterly Project performance report and sending it to management.
Review and approve work of subordinate staff.
Continues review of implemented policies and procedures.
Working on project cost to complete calculation.
Perform financial system functions including entering user-defined codes and settings, inputting and
posting transactions, importing third-party system files, initiating and verifying system processes, researching data and processing reports.
Initiate support cases and work with system support representatives to resolve financial system issues.
Reconcile general ledger accounts and subsidiary ledgers.
Resolve banking issues related to assigned finance functions.
Responsible for month-end activities, reconciliations, and reports;
Responsible for external audit reporting.
Responsible for Sarbanes Oxley act (SOX)
Retrieve and prepare documents for response to Head office, Govt related agencies requests.
Investigate, resolve, address, and/or respond to issues, complaints or inquiries from external entities or
within the company/PSL; respond to requests for service or assistance; coordinate activities with inter-company locations.
Provide staff with tactical and strategic direction.
Supervise subordinate staff; set work priorities; create work schedules; provide training; conduct
performance evaluations; reward and/or discipline employees.
Responsible for SEC reporting and overall management reporting i.e. profit center and cost center
Assisting management in planning, budgeting & Forecasting in Hyperion/ESSBASE which is integrated with SAP
Responsible for SEC reporting and overall management reporting i.e. profit center and cost center
Assisting management in planning, budgeting & Forecasting in COGNOS which is integrated with SAP
Responsible for General accounting in SAP for GA, Payroll, Accounts Payable and Fixed Assets
Participating in kickoff and checkpoint calls/meetings and roundtable discussions
Reporting/escalating issues
Ensuring compliance with corporate guidelines on monthly books closing & responsible for complete books review before the closure of accounts
Instrumental in routine financial activities of business and suggesting the areas for improvement
Providing the detail financial analysis in user friendly format to operations
Reviewing monthly account reconciliation as required under company policies and rate them accordingly using Halliburton Internal Control tools. (ART - Account Reconciliation Tool)
Assessing Risk control tracking system (RCTS) for General accounting, Tax as per the business policies and practices
Ensuring project costing thru network numbers and project profitability reporting
Responsible for the management of Payroll of Kuwait and Customer payments in SAP
Achieving stated targets of the company with in the time constraint for consistent success of the organization
Updating the standard rates and reduce the difference between GP vs JP.
Monthly FIT
Monthly Regional Variance Commentary System
Reporting various AR related reports to management namely; AR aging, Bad debts provisioning, retentions etc. on monthly basis
Senior Chief Accountant (Reporting to Deputy Chief Financial Officer)
Key Deliverables:
Responsible for financial reporting for the whole 6 division.
Assisting project division in compiling the financial data in the structured manner.
Assisting management in planning, budgeting & Forecasting.
Responsible for preparing analysis report of financial information with the forecast
Assisting financial consultant in devising the financial processes for project division.
Co-ordinate with the business heads and provides necessary data for the preparation of budgets.
Responsible for routine financial activities of business and suggesting the areas of improvement in Oracle Financial.
Providing the detail financial analysis in user friendly format to operations.
Facilitate strategic planning across the group production & monitor the performance against the plan.
With the co-ordination of IT, make sure the Oracle financial functionality and reporting is going smooth.
Being a Lead Management Accountant in Halliburton and Working in SAP environment, my responsibilities include;
•Responsible of SEC reporting and overall management reporting i.e. profit center and cost center wise.
•Country focal point for the current SAP up gradation project (To SAP 7.1). Participate in kickoff and checkpoint calls/meetings. Participate in surveys and roundtable discussions. Report/escalate issues.
•Help management in planning, budgeting & Forecasting in COGNOS which is integrated with SAP.
•Country lead for taxation and reporting (Deemed profit basis).
•Compliance with corporate guidelines on monthly books closing & responsible for complete books review before the closure of accounts.
•Responsible for General accounting in SAP for GA, Payroll, Accounts Payable and Fixed Assets.
•Involve in routine financial activities of business and suggesting the areas for improvement. Also providing the detail financial analysis in user friendly format to operations.
•Review of monthly account reconciliation as required under company policies and rate them accordingly using Halliburton Internal Control tools. (ART - Account Reconciliation Tool).
•Assessor of Risk control tracking system (RCTS) for General accounting, Tax, Accounts receivable as per the business policies and practises.
•Ensure project costing thru network numbers and project profitability reporting.
•Provides ad-hoc reports as and when the operation team requires. Various analysis on revenue & profitability, product wise, rig wise, well wise, contract wise profitability etc.
• Coordinating with the operations department for the arrangement of guarantees & reviewing format to ensure that format and conditions are as per the customer contracts.
• P2P - Purchase to Pay - Analyzing vendor reconciliation and solving any outstanding issues.
• Meeting with vendors to improve the invoicing system to reduce the cost & timely processing of invoices.
Being a ‘Financial Controller’ of Telecom based Company, I am responsible for,
• Overall strategic financial management.
• Overall financial software management (ACCPAC) that includes, maintenance of general ledger, vendors and customer statements, Cost Estimations, Bills of Material, Assemblies and procurement.
• Integration of MIS(Developed Internally) with ACCPAC(Branded Accounting Software) which helped to bring the Cellular Operator Billing down by 50%, streamlined order entry process, combined all data bases, helped to control /monitor customer support cost etc
• Preparation and presentation of financial statements in compliance with the international accounting standards, international Auditing standards, Corporate Law, Tax Laws.
• Ensured congruence with managements objectives through orchestration of financial tools such as Budgeting, Forecasting, Cash flow management, Break even analysis etc
• Design customized reports (financial & operational) and reporting structure from ACCPAC.
• Directly monitoring and delegating the jobs to the finance managers/staff at Lahore, Karachi and Head office.
• Evaluation of business growth and developments by using various reporting tools like CFO & KPI
• Allocate expenses and revenue to defined cost centers to determine product/segment wise profitability- Marginal costing, Absorption costing etc.
• Asset management and design/ensure implementation of safeguard controls.
• Interface with all Government institutions e.g. CBR, PTA etc.
• Strategic monitoring for all imports-Keeping in view the custom tariff and trade controls and taxes at source.
• Managing capital funding requests from initial documentation to approval through cost controls, financial analysis, cost reporting, cash flow forecast, variance analysis, audits and capitalization.
• Conducting financial and sales tax audits.
As a ‘Finance Manager’ of Al-Shaikh Communication, responsibilities Included,
• Design, implement and ensure compliance with the accounting system and internal controls i.e. Tools for internal controls which detect, correct and prevent errors, such as, system documentation, reconciliations, segregation of duties, and compliance with hierarchy of the internal controls.
• Developed and maintained Group Annual Budget and its Analysis.
• Developed and monitored operational data and its analysis.
• Preparation of cash flow forecasts, cash collection reports.
• Evaluation of business growth and developments by using various reporting tools like CFO & KPI.
• Co-Controller of 28-Branches all over the Kingdom, 600-employee of the Communications Company.
• Responsible for Accounting Policies & Procedures. Created Policies Manual; restructured reporting procedures; strengthening compliance with existing and new policies and procedures.
• Preparation of annual financial statements; coordination with independent auditors.
• Planned and implemented decentralized cash forecasting system, involving all 28 domestic offices, replacing a completely centralized cash forecasting system.
• Designed and implemented unbilled receivables reporting system, to speed billings.
I have more than 4 years of rich IT plus Finance & Audit (external) experience, during which I have provided ACCPAC Accounting and Functional services to premier organisations of Pakistan. I was responsible for;
• Training and facilitation, especially in project management and business planning.
• Consultation with the business users and sponsors
• Developing training programs and course material.
• Analysis, Design, testing and documentation.
• project management; technical and applications
• Database administration and selection of hardware and software.
• Analyzed scope of projects to estimate programmability time.
During my working in Hussain Chaudhury Consulting, I worked solely or with team in the following institutes
• ESBI-UCH Power Plant
• Clover (Pak) Limited
• MJ Industries (Weaving Unit)
• Norwegian Church Aid (NGO)-Kabul
• Ali Education Institute
• H. Karim Buksh (A chain of departmental stores)
• STAR Technologies
• Swiss Development Corporation
• Afghanistan Research Evaluation Unit
• Dutch Committee for Afghanistan
• Punjab Club
Bachelors in Commerce-Hailey College of Commerce Punjab University
Chartered Accountant (Finalist) from the Institute of Chartered Accountants of Pakistan (ICAP) in March 2001. Majors include Accounting, Auditing, Taxation and Corporate Law.