Nasir

To become corporate leader with variety of experience in finance and accounts.

Statutory reporting:
-Preparation of annual and interim financial statements in compliance with IFRSs and other regulatory requirements.
-Preparation of Concession wise accounts for submission to Directorate General Petroleum Concession
-Preparation of schedules/reconciliations in support to the financial statements.
-Preparing schedules/workings of provision for decommissioning cost, amortization of development and production assets and reconciliation of intangible assets.
-Review of tax workings/computations in accordance with Fifth Schedule of Income Tax Ordinance, deferred taxation working as per IASs and tax treatments as per Petroleum Concession Agreements.
-Monthly review of General ledger, departmental cost, classification of cost and reasons of variations.
-Recognition, measurement and disclosures as per IFRSs for specialized industrial Oil and Gas assets.
-Compliance with the code of corporate governance, public sector companies rules.
-Response to government, senate and national assembly questions/queries relating to the Company’s financial statements.
-Monthly review of drilling cost, projects in progress, intangibles and exploration and evaluation assets
Coordination:
-Regular coordination with Company’s statutory auditors, government auditors & internal audit department of the Company to ensure successful conduct of statutory audits, interim reviews and other assignments.
-Coordination with production, exploration, drilling and other departments of the Company for compilation of information.
-Attending meetings regarding technical statuses of exploration activities and treatment of cost accordingly.
-Preparation of information required by investors and governing bodies as and when required.

Management reporting:
-Preparation of variance analysis of Company’s operational and financial results on quarterly basis for the management and Board of Directors.
-Review of Director’s Report and Executive Summary of financial and operating performance for the Board of Directors
-Preparation of ratios, horizontal and vertical analysis for incorporation in annual report
-Review and financial analysis of non-performing fields locations with recommendations to the management to overcome operating losses.

Cost and Management Accountant -(Finalist)
(Institute of Cost and Management Accountants of Pakistan)

Two Year Post Graduate Diploma in Management Accountancy (Institute of Cost and Management Accountants of Pakistan)

Bachelors of Commerce 1st Division

OIL AND GAS DEVELOPMENT COMPANY LIMITED (OGDCL)-PAKISTAN (www.ogdcl.com)
OGDCL is the Pakistan’s leading exploration and production company. The company is listed in all three stock exchanges of Pakistan and its Global Depository shares are listed in London Stock Exchange. Company has employees over 10,000 and annual turnover of more than USD 2.5 billion