Planning Analyst Advisor
Occidental Petroleum Of Qatar
مجموع سنوات الخبرة :35 years, 5 أشهر
Modelled Field Fiscal Terms in Excel for Project Scoping/screening and running sensitivities
Project Authorizations Controls and Reporting (AFEs)
Screening of Well Economics
Support Analysis/Economics for Engineering Projects
Provide Analysis and Economics Support for Ad-hoc Management requests
Cost Model Updates/Variance Analysis for Oil Reserves Reporting
Capex Reporting, KPIs, Dashboards
Cost/Benefit Analysis of Logistics decisions
Business Partner ( Jan 2013 to Present )
Effective Jan 2013, assumed the role of a Business Partner to engage directly with technical faculties of the organization and implement the Finance vision as a partner.
•Define the Operating Rhythm for Finance
•Evaluated the Operations Department interface for the Estimation/Budget process, assess adequacy of resources and staffing, review of SOPs for content, relevance and adequacy in view of the SAP implementation. Close out with recommendations for changes to the Operations Manager, highlighting easy wins and follow up action items.
•Replicate learnings and experience with business partnering in Operations to other departments like Engineering & Projects.
•Lead the Finance support and advise for the implementation of high value Asset Integrity projects.
•Finance focal point for development of an OPEX Model.
•Finance Focal point to work with the business to implement the AFE process.
•Support the QC of data and Financial models used for evaluating contract extensions.
•Focal point to rationalize allocation of common field cost allocations and improve transparency.
Head of Financial Planning & Business Support -(4+ years)
•Lead the Budget and Forecasting process, ensuring alignment with Corporate and Partner guidelines.
•Present the Business Plans and Work Program/Budgets to relevant stakeholders and solicit approvals.
•Track and Monitor revisions to the Forecasts and pro-actively manage overruns to the Work Program & Budgets.
•Introduced a Financial Reporting Pack for the organization to track operating results.
•Focal point for providing guidance on accounting policies.
•Integrated the Fiscal/Tax Model with Financial Reporting to address IFRS translation.
•Run Sensitivity Analysis and develop thumb rules for Financial Metrics.
•Reporting and Controlling of major field development project.
•Compile presentation material for group CFO/CEO and stakeholder meetings.
•Propose the Crude Oil Lifting program between Maersk and Qatar Petroleum, minimize the exposure to under/over lifts.
•Provide evaluation of Vendor Financials during the bid process.
•Supported legal with review of Financials relating to Contractor insolvency.
Economics/Performance Management & Cost Control
•Support Economic Analysis for major development project.
•Evaluate cost/benefit of major maintenance programs.
•Portfolio/Oil Reserves Reporting.
•Review and Set up of Dashboards.
•Scorecard Reviews, provide commentary for Finance Sections.
•Provide inputs to establish the KPIs.
•Ensure compliance with group accounting policies, document exceptions. Develop SOPs.
•Review of Commitment and Budget overruns.
Budgeting & Reporting:
•Focal point for compilations of Business Plans/Forecasts.
•Review and standardize Budget and Forecasting processes across departments.
•Support the reporting aspects for new field acquisitions.
•Draft Resolutions for Budget Increases and Revisions.
•Review Operating Results with management.
•Scorecard Review and KPI tracking.
•Review inputs to the Sarbanes Oxley compliance requirements.
•Economics & Planning:
•Evaluate business alternatives and report on Economic Indicators.
•Provide Analysis and Economics Support for Ad-hoc Management requests.
•Developed cost models to handle probabilistic workings.
•Perform Capital post audits and AFE documentation.
Treasury:
•Supervise the Treasury function.
•Review of Partners’ Cash Calls and Joint Interest Billings.
•Reporting of Joint Venture interest.
•Review of Operating company budget assumptions and related GAAP/IFRS provisions.
•Finalization of Accounts for the year-end and liaison with the Statutory Auditors.
•Planning the Accounting structure and chart of accounts.
•G/L closing and review of account Reconciliations.
•Review Month end/Year end accruals, Receivables and Payables.
•Model the Recovery Rates for Secondment Services to projects.
•Working Capital management.
•Consolidation of group accounts and set-up Accounting structure for various divisions.
•Liaise with bankers for arranging direct and indirect facilities
•Provide input and make recommendations with regard to general corporate financial forecasts as well as operating and capital budgets.
•Working on new acquisitions and business set up.
•Functioned as the Accountant of Qatar Shell Service Company which involved maintaining the accounts of the company and reporting of results to the local management and head office.
•Audit Planning and execution of interim and final audit. Develop audit programs.
•Review client’s business and environment, perform risk assessments and evaluate controls.
•Conduct various audit tests and conclude on results of testing.
•Finalization of Accounts and Drafting of Audit Opinion.
•Compile reports to address audit issues, findings and recommendations to client management.
•Participated and assessed controls in several physical inventory/ stock taking for various clients.
•Setting up of PC based Accounting software (DacEasy) for various small sized clients.
ACMA
ACA
B.Com - Bachelor of Commerce