Chief Financial Officer
Qatar Gas Transport Company (Nakilat)
Total years of experience :27 years, 1 Months
* Setting up the company’s Vision & Mission as well as short-term and long-term Business Plan along with the company’s
team leaders.
* Responsible for the Company consolidated FS with assets over $8b and a yearly Capex & Opex budget over $2B.
* Working closely with the Company BOD, MD as well as other department directors in all accounting aspects
* Appointed as a Board member representing the Company on its Joint Ventures BOD.
* Developing and maintaining company policies and procedures and ensuring that financial controls are sufficiently
designed and operating effectively.
* Ensuring compliance with all regulatory requirements & obligations to provide appropriate and timely disclosure of
material information.
* Leading the Accounting, Budget, Financial Reporting and Supply departments and ensuring their objectives are in line
with company’s Vision & Mission and Business Plan.
* Challenged to reduce expenses and build a consolidated Finance Organization for Nakilat and its JV’s
* Established centralized procurement team to cover the Corporate and JV operations
* Planned and directed the accurate and timely preparation of financial statements in accordance with IFRS and in
compliance with regulatory requirements for timely submission to various constituencies (Shareholders, BOD,
Management, Doha Securities Market and others)
* Developed and maintained accounting policies and procedures and ensure that financial controls are sufficiently
designed and operating effectively.
* Maintained a strong Accounting organization to support the company’s strategic plan
* Established department objectives and evaluated staff performance.
* Liaison with Doha Securities Market and government authorities.
* Supervised 15 accountants working in General Accounting, Treasury & Commercial sections.
* Prepared financial statements for 22 operated concessions (17 producing / 5 exploration) and 1 non-operated
producing concession
* Prepared Variance analysis for Head office in Houston and internal management
* Reviewed Crude Oil Cost Recovery Statements to local authorities and followed up with them on all outstanding issues
* Accounting & Financial Management
* Financial Analysis & Reporting
* Business Planning & Analysis
* Resource Management
* Growth Strategy Development
* Performance Management
* Prepared DD&A calculation based on reserve reports
* Assisted in preparing Company Budget
* Reviewed Oil and Gas Sales invoices to EGPC & third parties
* Reviewed JV billings and insured proper coding in the Accounting books
* Reviewed all banks reconciliations (over 80 Bank A/C), Partners Billings, Cash Call and followed up on queries
Financial Reporting and Budget Analyst, Qatar Gas Company, Qatar
* Prepared Annual Budget for the Company
* Prepared monthly Financial Statements
* Actual vs. Plan variance analysis to management and shareholders
* Dealt with other departments to insure proper booking of monthly accrual.
* Budget control through AFE system (
* Supervised 5 accountants
* Prepared monthly Financial Statement to the Head office in Madrid.
* Prepared actual month to month and actual month to plan variance comments
* Prepared Crude Oil Sales Invoices to external customers and local authorities
* Reviewed all accounting matters related to 7 operated Concessions by Repsol i.e. Cost Recovery, DD&A, Lifting
Allocation, Partner Billing, Cash call….
* Prepared monthly Financial Statement to the Head office in Houston
* Calculated and booked DD&A
* Prepared Partner Billings and Cash Calls
* Responsible for W/H stock accounting, including pricing, material transfer booking, physical inventory…
* Fixed Assets depreciation.
* Booked JV billings in Conoco’s accounting books.
* Booked Head Office billings and follow up on any outstanding items.
* Reconciled Banks A/C’s and followed up on outstanding items.
* Reviewed and booked petty cash expenditures
Complete analysis of one of the major listed company