(FANR) - as Accounts & Finance Controller
Federal Authority for Nuclear Regulation
Total years of experience :21 years, 9 Months
November 2008 to till date working at Federal Authority for Nuclear Regulation (FANR) - as Accounts & Finance Controller:
The responsibilities incurred:
• Establishment of Accounting Policies and Procedures for FANR in co-ordination with KPMG (Financial Advisory)
• Acting as a Finance Manager till December 31 2010 since the date of joining and reporting directly to Deputy Director General of Administration Division.
• Preparation and submission of FANR's Annual Budget (Activities, Books & Periodicals, Equipment, etc.)
• Co-ordination and Finalization of Manpower Budget with HR Department.
• Submission of Actual costs reports and monitoring of funds utilization.
• Formation of resources for Finance section with relevant and required sub-ordinates and other resources (System, Manpower, etc.)
• Involved in Tender Committee to support the FANR's procurement and bidding process.
• Liaison with EAA (Executive Affairs Authority) regarding payments and account reconciliation (FANR was funded by EAA until formation)
• Providing assistance and guidance to other FANR departments such as HR, General Services for the implementation of their policies & procedures.
• Verification of all the financial documents prior approval by Deputy Director General.
• Verification of contract documents in order to have a unified financial terms & conditions in FANR.
• Providing guidance in ERP-Financial implementation process.
• Verification of Monthly Payroll and the initiation of pay-slips system in FANR.
Budgeting, Cost Control and Monitoring, Reporting, Financial Procedure and Policies, Tender Boar representation for Commercial bids.
• March 1997 to November 7 2008: Zakum Development Company (ZADCO) - Abu Dhabi - UAE
Position Held: "Budget & Cost Controller"
In the Petroleum Development Department
Preparing the Annual budget of Department's for various activities (such as Technical Studies, Routine & Non-routine, Movable Assets, Contracted & Direct Hire Personnel's and Books & Periodicals, Telecommunication requirements and Employees Training & Mission)
Further, this involves the preparation of budget collection forms to gather the plans and requirements of respective department / section.
Analyzing Actual Costs and Commitments with budget and perform Variance Analysis and ask for justification from budget user for the same.
Verification of commitment documents such as Service and Call-off Orders from departments as part of procurement process for their requirements.
Assist and verify in preparing the contract & Service Order Amendments / Extensions - Processing of Invoices according to signed contracts and Service Orders & Call-off Orders - Identify and quantify Back-charges of third parties - Processing of Authorization for Expenditures (AFE) from ADMA-OPCO for Drilling Activities, preparation of AFE's for Moveable Assets and Un-budgeted / Transfer items - Checking of Adma Cash-calls against budget and Bar-chart - Processing of Training & Mission Orders - Preparation of Letters of Intent and Letters for unsuccessful bidders.
Offshore Experience:
Since February 2000 to 12 Jan 2003, working at Zakum Oil Production Site as Budget & Cost Controller on a rotation basis of 4 weeks (ON) at field and 4 weeks at Abu Dhabi (OFF) . During this period at site, the responsibilities incurred are:
• Verification of all financial matters including preparation of budget for Site operations, Employees Training and Mission, Books & Periodicals, Direct Hire & Contracted Personnel, Projects and Movable Assets.
• Verification & Processing of financial transactions through MAXIMO (for creation of stock / service requests) as part of procurement system.
• Preparation of monthly site cost report and monitoring the status of budget.
• Verification of Commitments for Material & Service requirements.
• Checking of site invoices for Technical Studies, Projects, Catering & Accommodation and other miscellaneous expenditures incurred by site.
• Preparation & Follow-up of Site Assets (Movable Assets)
• Teaching of Financial Procedure and Process to Site Employees for the smooth running of financial activities at SITE.
• Maintenance and Follow-up of periodical Reports for Training Activities, Population Statistics and other financial events for reporting to Site Management.
• May 1994 to March 1997: Khoory Enterprises - Dubai - UAE
Position Held: "Branch Accountant for two branches"
In the Accounts Department
Preparation of Journal Vouchers includes the Recording of Journal Vouchers under American Journal System - Reconciliation of Debtors & Creditors and Bank Accounts - Preparation of year end statements for Finalization of Accounts - Preparation of Trial Balance & Balance Sheet.
• May 1993 to Nov 1993: Commercial Goods Transports (p) Ltd - Madras - India
Position Held: "Contracts & Business Development Executive"
In the Business Development & Contracts Administration Department
Responsible for Development of sales - Customer Counseling - Preparing and Finalizing Transport Contract and Finalizing with Customers
• April 1991 to March 1993: N.M. Tannery - Trichy - India
Position Held: "Accountant"
In The Accounts & Records Administration Department: Responsibilities Incurred: Responsible for Labors Payroll System - Record Maintenance of organization's accounts - Preparation of Financial Statements
• December 1988 to January 1990: Precision Fastenings - Madras - India
Position Held: "Accountant"
In The Accounts Department: Responsibilities Incurred: Managing overall Accounts in the Company such as Preparation of Journal Voucher, Processing of Requisitions and Purchase Orders, Finalizing of Accounts (Trial Balance, Profit & Loss a/c and Balance Sheet), Reconciliation of Accounts with Debtors, Creditors and with Banks, Stock Control Levels & Maintenance of Storage Account Ledgers.
• Masters in Philosophy (M.Phil) in commerce - from University of Madras - Madras, India.
• Masters in Commerce (M.com) - from Bharathi Dasan University, Trichy, India 1986 To 1988
• Bachelor of Commerce (B.com) - from Bharathi Dasan University, Trichy, India 1983 To 1986