Chief Accountant-financial controller-cost controller
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Education: 4
Experience: 10 years
Relocation: Yes - Internationally
Industry Experience |
10 years |
|
Other |
Career Objective
I am seeking a spuervisory accountin/financial position as i always like a new challenges where my creativity and skills could be developed and improved.
Professional Experience
cost recovery controller:
Responsibilities\Tasks:
-Analyzing all expenditures incurred by the joint venture company and classify costs to main activities (Capex, Opex, Indirect cost G&A) and on monthly basis.
-Accountable for preparation of cost/Oil recovery statements submitted to EGPC & E-Gas on a Quarterly basis.
-Prepare monthly consolidation to JVs cost statements and to assist AFE's tracking control.
-Control Joint Venture cash funding (cash call, debit note) & preparing monthly cash reports showing transferred funds, expenditures and remaining bank cash balances reconciled to cash book.
-Review quantities information per type of product (Gas, Condensate, and LPG) plus pricing calculations of sale on monthly basis. Reviewing sales invoices and checklist to ensure the completeness of documentation.
-Assist in preparation of the operating/capital budgets by preparing relevant cost data and allocation of indirect costs reports.
-Assist Financial Controller in the preparation of consolidated and segmented analysis of the financial result each month end, quarter and year end.
-Preparing various reports including financial projections, reconciliation reports and accrual reports.
Control opening & closing stock balances per type of product monthly.
-Control of capital assets and processing depreciation entries.
-In time control & reconcile Intercompany accounts and receivable accounts as well.
-Follow & apply SOX control procedures through the revenue cycle & centurion accounting system “IDEAS”.
-Insuring proper recording of payable invoices into the accounting system and insure the payment controls are applied & follow the payment runs on due date.
-Preparing cash call, periodic reconciliation of cash payments & bank statements.
-Participate & assist Accounting Manager in the monthly, quarterly and annual closing of the accounts for cost recovery purposes and preparing cost recovery statement.
Eductation
B.Sc Degree in Commercial Studies – (English Accounting Section) 1999, From TANTA University, Egypt.
•Graduation Grade: Good
•Diploma in Finance & Banking (Arab Academy for Science and technology-Egypt)
•Currently I am proceeding my second year MBA.
Certification
8.1 From Jan.06 till current:Cost Recovery/ Receivable Controlling in Centurion Petroleum Corporation (Division of DANA GAS-UAE).
Centurion Energy International Inc. is an international oil and gas company headquartered in Calgary, Alberta, Canada. The company is engaged in oil and gas exploration and production with its properties currently located in Egypt, Tunisia and offshore West Africa.
Centurion was incorporated in 1997 and since then has built a solid reserve base of over 97 million boe. Aggressive expansion of Centurion’s Nile delta natural gas properties in Egypt are fuelling an exponential growth profile that resulted in 2005 exit production rate of 38,000 boe per day. A multi-well drilling program is currently underway to further explore and develop Centurion's lands in the Nile Delta region of Egypt.
The corporation was acquired by DANA GAS since Jan.07.
Additional Information
6.1 Member in Wadi Degla Sporting Club.
6.2 Member in Egyptian Democratic National Party.
6.3 Leadership personality and have ability to follow up individuals within a team.
6.4 Good all around communications and reporting skills.
6.5 Bright dynamic ambitious with friendly personality consistent with high-self motivation.
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