Senior Finance Professional from Oil & Gas Industry

Looking for a challenging and mutually rewarding assignment in the Senior Management for Finance Function in a fast paced and professionally progressive organization in the Oil & Gas sector with excellent career prospects.

Senior Finance Professional offering over 15 years’ of rich experience in Oil & Gas Service Industry organizations in Middle East & India. I am currently designated as Corporate Finance Manager in Dalma Energy LLC, an Oil & Gas Drilling Contractor, owning and operating 22 Rigs with Oil Majors i.e., PDO, Saudi Aramco, ONGC, GSPCL & Repsol in Middle East, India & Algeria. During the period from 01/03/2008 to 31/12/2008, I was also designated as Acting GM (Finance) / CFO and hence reported to CEO and Executive Committee, who are Board Members.

Of the above 15 years, I have been designated as manager and above for over 11 years and have been heading the Finance & Accounts function of the Division/Branch for over 14 years, directly reporting to CEO, CFO or Director Finance.

During these 15 years in Oil & Gas Industry, I was associated with Essar Oil Limited (EOL) in India for over 9 years & since then I am working with Dalma Energy LLC (DEL) for around 6 years in various Operational & Corporate roles, a brief summary of which is as follows :

No. Company Years Period Business Area
1 EOL 3 Year - 6 Months Feb ’94 – Aug ‘97 Offshore Construction Pipe-laying Division
2 EOL 1 year – 3 Months Aug ’97 – Oct ‘98 Corporate (Refinery) Finance Division
3 EOL 2 years Oct ’98 – Nov 2000 Corporate Accounts Division
4 EOL 2 years– 6 Months Nov 2000 – Apr ‘03 Exploration & Production Division
5 DEL 2 years Apr ’03 – May ‘05 Qatar Branch (2 Rigs) – Drilling Business
6 DEL 11 Months May ’05 – Mar ‘06 Aabar Petroleum (Parent DEL – Corporate
7 DEL I Year Mar ’06 - Feb ‘07 Oman Branch (8 Rigs) – Drilling Business
8 DEL 1 year ++ Mar ’07 – till date Corporate Finance – 22 Rigs, 6 countries

The scope of expertise includes managing and monitoring (1) Finance, Accounts & Taxes, (2) Audits & Compliances, (3) Initiating Business Plan, Budgeting & MIS Reporting, (4) Treasury & Working Capital Management, (5) Commercial Functions (6) Tendering & (7) System Implementation, monitoring & up-gradation, both at the Operational and Corporate level. Also got good exposures in (1) Financial Planning, Project Feasibility analysis & Monitoring for new projects, (2) defining financial processes, policies & internal controls, (3) handling due diligences (4) Recruitment of Team Members (5) being member of various steering committees & decision making bodies in the organization.

• Bachelor of Commerce (B.Com); University of Bombay.
• Master of Commerce (M.Com); University of Bombay.
• Associate of the Institute of Chartered Accountants of India.

References

1) Mr. N. Ramesh - CEO, Abraj Drilling Company, Muscat. Mobile – 00 968 95099104.
2) Mr. Mohamed Badawy – CFO, Aabar Petroleum, Abu Dhabi. Mobile - 00 97150 8112567.
3) Mr. A. Petant – Area Manager, Oman Branch, Dalma Energy, Muscat. Mobile : 968 99370857

A) Top-level Management responsibilities for the support functions – Member of Corporate Executive Team & providing Corporate Support to operations in Oman, Saudi, India & Algeria

B) Heading the treasury & finance function.

C) Responsible for Financial Reporting and setting up and development of the financial accounting policies, controls procedures in line with local & international standards and regulatory authorities.

D) Responsible for Business Plan which supports the over all corporate financial objectives of annual budgeting, monthly forecasting and strategic planning and analysing financial performance.

E) Build and maintain strong relationship with banks for the working capital and trade finance requirements of the Company, Participate in securing banking facilities, Loan Syndication and Loan Documentation

F) Responsible for the Statutory Audit for the group and Liaise with Statutory Auditors

G) Responsible for preparing the Commercial aspects of tender and proposal packages in line with Company's tender process policies.

H) Responsible for Taxes, Legal & Insurance requirement of the Company and lease with Insurance Companies, Legal Advisors & Tax Advisors

I) Responsible for providing commercial support, guidance, resources & processes to Operational and functional group, when required and advice & agree on overall commercial strategies with regional and commercial managers