Sindhu Nair

 Demonstrated consistent performance of 95% on the shared services KPI with great focus on relationship building working through cross-functional partnership.
 Managed non-operator audits for with a resultant cost leakage of 0.09%.
 Responsible for General ledgers for all operated and non-operated joint ventures.
 Manage monthly and year closings for all operated Assets in accordance with the corporate reporting timetable.
 Responsible for day to day accounting processes, working in shared service environment to ensure proper books of accounts are maintained in accordance with corporate standards.
 Manage preparation of monthly partner billings and cash calls for all operated licences, ensure partners are cash called per their WI as per JOA terms for appropriate funding.
 Carrying out monthly and annual closing of JV gross and review of net books. Ensuring a soft close through providing information that is more current and better analyzed.
 Presenting a true and fair view of the annual financial position of the company by way of timely preparation of balance sheet by completing all accounting standards of the corporation as a whole
 Driving operational excellence through strengthening of accounting controls, month end closing procedure optimization, and accuracy of finance, accounting & cost reporting.
 Perform balance sheet and P&L reviews including shared cost accounting.
 Providing financial direction for long-term strategic planning and key financial objectives for annual plan while preparing variance analysis & statement of cash flows for internal/external reporting.
 Ensure control and accounting processes comply with Group policy and statutory legislation as well as underlying JOA obligations.
 Manage the financial and budgetary control element of all Joint Venture expenditure.
 Maintain process, systems and structure to facilitate effective cost control across the business and strong financial control environment for development projects through interface with the business.
 Ensure all AFE’s and asset budget amendments are raised and approved in accordance with Company policy and JOA requirements.
 Manage Joint Venture external audits.
 Working across departments to enable joined up decision making based upon financial data. Manage financial and budgetary control element of JV expenditure in co-ordination with the business partners.
 Create and update process documents for shared service centers by identifying key controls within the process.
 Support group external and internal audit through interface with Group Financial Reporting Team.
 Co-ordinate the accounting aspects of tariffs.
 Facilitate preparation of Ad hoc analytical data.
 Establish development programme for the Joint Venture Accounting Team.
 Develop and manage succession plan for the Joint Venture Accounting Team, engage in recruitment plan.
 Participate in discussions with the commercial and legal team to stay updated with implementation of any Opcom /Fincom decisions.

o Provided financial support through financial management & control on Exploration & Production Yemen Joint venture project.
o Maintaining updated accounting policies and procedures (SOP) including financial management & internal
o control mechanisms to minimize financial risk for the group.
o Reviewing and finalizing the Budgeting and running forecast for the E&P; Establishing financial scenarios based
o on rolling forecast and beyond budgeting guidelines and presentation of actual performance to head of budgeting.
o Managed JV accounting, planning, tracking, variance analysis, quarterly and annual reporting, using sound financial acumen; managed overall statutory reporting by preparing annual audited financial in accordance with the relevant GAAP and IFRS as well as SOX compliance.
o Producing cost reports for Capex and Opex projects that provides detailed analysis to AFEs and workover plans; thereby providing project insight and recommendations to department heads.
o Review variance analysis against budget/ forecasts;address the cost overruns and recommend effective action.
o Carrying out closing of CO module in SAP by updating the investigation of the cycle variances and updating the cycles.
o Attending to various tax queries, audits, Objections; reviewing and finalizing TP docs for subsidary and liaison
o with external consultants.
o Carried out activities of transaction processing, including Process month and end year process, accounts payable/receivable, general ledger, stock management, payroll and utilities, treasury, cash forecasting, Opex expenditure variance analysis, capital assets, reconciliations etc.
o Hold distinction in achieving set performance target within stipulated time frame, and assure regular reporting to senior management to bolster their decision making capabilities by leading accounting & cost control team; was considered to be the most reliable source for analytical requirements.
o Manage financial operations, developing a core understanding of the operations of the company, its business, cash obligations, cash flow analysis, and record-keeping.
o Represent the organization externally, as necessary, such as banking and investor meetings.
o Supervise the credit control function.
o Apportion the general overheads in line with the budgeted costs.
o Produced financial reports evaluating completed projects, identifying current trends and evaluating variances.
o Compiled data to generate financial statements including cash flow, P&L, and balance sheet for review by management.
o Analyzes complex financial data and extracts and defines relevant information.

Significant Accomplishments:
 Reviewed and finalized the monthly accounts and issued Monthly Management reports (monthly group result with
deviation summary).
 Spearheaded plan to synchronize business processes to reduce lead time during a major re-organization.
 Successfully implemented SAP & applied various reports in sap with help of internal IT department and report writer/linking various interfaces.
 Assisted Treasury efforts to raise Working capital facility for business growth through effective credit policies.
 Enforced excellent cost controls for production, drilling, and project department as well as running costs base of 93m$ in 2015.
 Partnered with cross functional departments in order to reduced open purchase orders by 65% which resulted in a cost savings of $2M.
 Created budgets & forecasts with strict guidelines and timetables, ensuring labor and materials costs were minimized by 4%.

 Spearheaded a team of 6 to manage, direct and control all aspects of General, cost and financial accounting activities
 Stellar in initiating the creation of profitability (customer /service line) reports in cognos, identifying the direct costs applicable and method for appropriate allocation of indirect/ controllable costs.
 Successfully improved operating costs through monitoring KPIs and identifying causes and management of projects for optimization of operating costs, fixed assets investment cycle.
 Preparation of operating budgets, and conducted detailed analyses to explain variances between actual and forecasted expenditures.
 Developed reports that have provided value for strategic decision making:
 A realistic cost system helped on reducing or eliminating costs with no added value, to eliminate unprofitable activities, customer, effective pricing to low margin but high volume customers
 Played a vital role in implementing all IT systems to support the achievement of the planned growth of the company within the business strategy of the Company by developing BI reports in Cognos.
 Developed feasibility reports for capital requisitions by department heads.
 Analyzed daily Sale / transaction spend of the sector and correspond it across the group for better understanding the transaction and marketing.
 Analysis of overheads for pricing.
 Breakeven analysis for product lines.
 Examined the monthly results and summarized the profitability reports for products and customers.
 Setting Proper Internal Control Procedures for all the Finance & Accounting activities
 Analysis of operational Revenue and Expense of all BUs & issuing MIS Reports for Contribution/Profit optimization & cost controlling.
 Reviewing capital investment opportunities - Evaluating returns through NPV, Payback, IRR, ROI etc.
 Preparing & Evaluating Cash Flow, Fund Flow & Ratio Analysis Statement

 Finalized monthly management accounts & reported it to H.O with a strict deadline using “Magnitude“, a special consolidation software.
 Close out of month end project accounting in SAP in adherence to strict processes and monthly deadlines by leading the financial cycle of 3 transformer service contracts worth over 300m$.
 Skillfully carried out review and variance analysis of business operating working capital KPIs'. Led SAP implementation and end user training in UAE and Kuwait branches, achieving go live in 4 months. Roll out of project budget, timesheet, travel expense and supplier chain management processes.
 Review of risks, opportunities and contractual claims.
 Preparation and presentation of detailed project profitability and recovery analysis to project management
 Preparation of annual plan and quarterly forecasts in line with reporting schedule.
 Acted as a focal point of contact between statutory and internal auditors, procurement and finance in areas of special projects, cost and inventory control.
 Stellar in improving management information reports and educating the project managers on the cost impact of various activities.
 Productively Liaised with bankers for issuing LC’s & Bank Guarantees as per the requirement of business & arranged finance
 Supervised the credit facilities usage / requirement of the business (LC’s & Guarantees) thereby managing the working capital requirement.
 Negotiate for prices offered by vendors for raw material and services.
 Recommended costs effective measures for cutting costs and prepared detailed costs reports to review with departmental managersto ensure full understanding and adherence to their respective departmental budgets.
 Achieved significant reductions in accounts receivables level from 60 days to 45 which minimized the risk from marginal customers and timely vendor reconciliations by implementing working capital reduction programs.

 provided a financial overview and leadership for all major operating activities including development of business/profit plans.
 Performed the entire gamut of accounting functions encompassing varied MIS report preparation, accounting control, liaising, tax assessment, periodic bank reconciliation, balance sheet finalization and cash reconciliation statement.
 Systematized accounting procedure involving finalization of balance sheet and compliance with internal & external audit.
 Developed, motivated and educated the senior team members on various operational matters and guided them towards successful outcomes and attainment of business objectives.
 Evaluated cost accounts functions and prepare summarized reports to ensure effective management
 Managed accounts payable, accounts receivable, payroll, bank reconciliations and month end activities.
 Spearheaded efforts to identify, analyze, measure, control and report credit risks thereby displaying a firm commitment to the highest standards in Risk Control.
 Conducted daily cost analyses including purchase price variances, process order variances and margin review.
 Reviewed existing systems & procedures and designed internal controls/quality audit checks for various operational areas for achieving higher operational efficiency, resource rationalization and cost reduction.
 Played pivotal role in performing statistical, cost & financial analysis of data reported in the financial systems
 Laison with banks and other financial institutions for the company’s diverse investment plans for long term and short term periods.
 Judiciously maintained the book keeping and general ledger accounts and annually prepared the financial statements and coordinated with internal and external auditors.
 Completed ascertained tasks and took initiatives for various accounting assignments. Maintained amicable relations with seniors and colleagues. Documented all major activities for effective reference and use