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Manager Financial

Victoria, British Columbia, Canada
February 13, 2018

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**** ******* ****, # **** ********, BC V*N *X* CANADA

(H)+1-250-***-****/ (M) +1-778-***-**** LinkedIn: Sameer Shah, MBA, AMCT

A seasoned Finance executive, experienced in financial planning & analysis, accounting and wholesale banking services, looking for position as leader of professionals or as an expert contributor. Petroleum, Chemicals & Mining Company (PCMC) 2013 - Present A 4000 employees/$1.2B construction company serving industrial and oil & gas sectors Manager, Finance

Provide leadership in finance: budgeting/reporting, accounting, treasury

Developed and implemented a comprehensive planning/budgeting process providing greater accountability of results to fund the business lines

Evaluated and restructured 11 Joint Ventures leading to their financial turnaround and 5% increase in contribution to PCMC’s net profit

Spearheaded a change management process focused on cost reduction across operations, SG&A, and eliminated non-core businesses. Led to cost savings of 7% ($ 68M). Negotiated contracts with three equipment rental companies to procure saving of $7.9M

Enhanced policies and implemented standardized performance measures.

Key contributor to enterprise-wide implementation of ERP (JDEdwards EnterpriseOne integrated with Oracle EPM Hyperion)

Prepare monthly financial statements per IFRS requirements; KPI analysis reports for the shareholders and the holding company

Engage with internal audit to ensure regulatory compliance and coordinate with external auditors during quarterly reviews as well as the annual audit

Lead staff of CPA’s and analysts

Deutsche Bank 1999 – 2012

A 75,000 employees/ €33.5B global German bank

Head, Global Equity Services for Asia Pacific 2007 - 2012 Various positions in Corporate Banking, Trust & Security Services and Client Management 1999-2007

Participated in several IPO/M&A evaluation and due diligence, documentation for loans/ structured transactions

Responsible for business of Global Equity Services with P&L accountability for Asia Pacific. Managed transaction structuring, business development, sales, and client relationships

Developed equity services business, leading in Asia league tables. Achieved 42% market share in India

Increased the North Asia and Australian equity services business by 500% in three years (or 150% increase in Asia Pacific business)

Managed over 150 relationships (corporations, financial institutions and sovereigns)

Structured a trade finance solution to resolve client’s cash flow issues and secured JSW Steel as new and loyal client

Structured a cross-border reciprocal lending solution with a term debt for the foreign subsidiary of Siemens AG Petroleum, Chemicals & Mining Division, SBG Group 1996 – 1999 Division of one of the largest consulting, contracting and construction companies Manager, Finance & Administration

Prepared monthly and yearly consolidated multi-currency financial statements for parent and international subsidiaries/joint ventures. Prepared variance and other analytical reports using advanced Excel

Ensured accuracy of revenue recognition in accordance with GAAP. Managed timely accruals of receivable, payables and expenses; performed account reconciliations in accordance with statutory requirements

Co-ordinated strategic and business plans preparation; directed development of detailed operating and capital budgets

Arranged funding for import of US$ 100 million of specialty equipment, saving 100bps in financing costs

Assisted with successful migration of the accounting system from Tally to Oracle Financial Strategy Engagement Results


(H)+1-250-***-****/ (M) +1-778-***-**** LinkedIn: Sameer Shah, MBA, AMCT

Petrokemya (SABIC) 1992 – 1996

Affiliate of one of the world’s largest chemicals company Senior Financial Analyst

Provided cost accounting analysis, product line margin analysis and, fixed and variable variance analysis for 6 manufacturing plants

Prepared departmental labor and overhead rates for use in standard costing

Prepared monthly financial package including, P&L, cost of goods sold, balance sheet reconciliations, departmental spending analysis, cost variance analysis, miscellaneous journal entries and sub schedules

Analyzed, reviewed and assessed accounts fluctuations and researched trends in business and industry

Developed long-range plans and budgets

Devised initiatives for cost reduction and operating margin improvements - negotiated an offtake agreement for main raw material with key supplier leading to a 5.5% increase in the profits Ontario Hydro, Canada 1987 – 1992

North America’s largest integrated electricity utility Sr. Financial Planning Analyst

Prepared branch budgets and accounts; implemented time-of-use rates for branch services leading to a 28% improvement in fee recovery

Prepared forecasts for determining energy rates after approvals by the Ontario Energy Board Petrokemya (SABIC) 1984 –1987

Sr. Accountant & Financial Analyst

Produced detailed financial statements, annual budgets, long and short-term plans, variance analysis reports; analysed inventory of raw materials, purchased items, work in process and finished goods at standard cost, identified slow moving items as needed

Academic Credentials

SLC, Diploma in Securities Law Government Law College, Mumbai 2004 AMCT, Qualified Associate Corporate Treasurer, UK 1999 MBA Finance & Information Systems Simon School, University of Rochester 1982 BSc, Mumbai University 1979

Professional Affiliations

Member, Toastmasters 2013 - 2015

Member, Rotary Club, Bombay Pier 2004 - 2013

Member, American Alumni Association 1999 - 2012

Member, AMBA 1982 - 1995

Member, Association of Corporate Treasurers 1999 – Present Awards & Recognition

Best DR Bank Vietnam - Triple A Awards 2012 from The Asset 2012 Triple A Servicing Awards from The Asset to GES Asia, Deutsche Bank 2010, 2011 Highest growth in business for 3 consecutive years from the CEO of Deutsche Bank Asia Pacific 2008 Best deal origination – for New Oriental Education ADR deal by CEO of Deutsche Bank 2004 Technical & Computer Proficiency

Advanced Excel (Pivot Tables, VLOOKUP, VBA, charts), Word, PowerPoint, Outlook, Hyperion, JDE1, Tally, SAGE, Salesforce, Adaptive Planning, Essbase, NetSuite, SQL Financial Strategy Engagement Results

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