Ram Menon
***, ******* ********, ***********,
Canada, L5R 2A5
Email: ************@*****.***
Tel : 647- 781- 9364
Detail-oriented Cost Control Professional with 20+ years experience in Project
Controls, Cost Accounting, Cost Analysis, Budgeting, Estimating, Reporting and
Forecast analysis. Key skills and characteristics include : Strong analytical skills
to support business operations through analysis of key performance indicators
and trends; Provide modeling and reporting to facilitate executive-level decision
making; Effective communicator; facilitate liaison across various business units to
promote organizational success; Rapidly adapt to new technologies and possess
expertise with MS Word, MS Outlook, Excel, Lotus 1-2-3, Oracle Financials, JD
Edwards, SAP FI/CO, Great Plains and Agresso; Exposure across various industries
like Engineering, Construction, Mining and Metal, Oil and Gas and Petroleum
refinery. Ability to perform in a fast paced environment; Working towards a
professional designation of PMP & CCC/CCE.
Experience
2012 – Present Hatch – Canada
Cost Controller for Kinross Gold Corp., Tasiast Gold
Mine Project Mauritania, West Africa, 3 bil. USD
Responsibilities included:
• Develop and maintain site Project Cost information;
• Maintain planned and actual cost and commitment schedules in
conjunction with the Lead Cost Controller and site Project
Controls Manager;
• Oversee variations and revisions to existing budgets, as well as
changes to scope and contract variations quotations;
• Verifying & approve Supplier and Sub-contractor Invoices and
time sheets with Purchase orders and Sub-Contract
agreement to match with payment terms and other contractual
agreement.
• Forecast the monthly cash flow
• Monitor, control and report on site cost history and forecast.
• Closeout procedure of P.O’s and Contracts.
2011- 2012 Hatch – Canada
Project Cost Controller for Arecelor Mittal, Baffin Land
Iron Mines Project, Mary River, Nunavut, Canada.
Responsibilities included:
• Prepared cost report updates and report generation for review
by Management;
_
• Worked with various operation and support units to ensure that
accurate and timely cost data was available for preparation of
cost reports;
• Performed cost data processing and analysis to provide
management with project status, monthly cost reports and
forecasts analysis;
• Ensured all cost activities were reported and tracked
accordingly;
• Updated actual plan expenditure profile for client on a monthly
basis;
• Forecasted payments from vendors for monthly invoicing;
• Performed budget setup, allocation and re-forecasting to ensure
all costs were captured;
• Generated change orders and maintained change order status
registers;
• Coordinated with Engineers and Project Managers to facilitate
preparation of Monthly Project Cost Reports;
• Worked closely with the Project teams to identify cost impact of
proposed changes and incorporated them into the Project Work
Plan;
2008 – 2011 HOLMAN BOILERS & TUBE MANUFACTURING AND
SERVICE, TEXAS, U.S.A
Project Cost Accountant and Cost Controls Supervisor
Responsibilities included:
• Budgeting, Budget & Estimation, Actual Cost, Cost to
Completion;
• Final Cost and Percentage of Margin Calculation, Standard
Cost Calculation, Overhead calculation;
• Various Margin Analysis, Percentage of Completion, Revenue
Recognition;
• Prepared Borrowing Credit Certificate; finalized Inventory and
Fixed Assets;
• Preparation of Financial Statements.
• Attended to and resolved audit queries (Outside Auditors and
Various Government Tax Auditors)
2001- 2008 Bantrel Inc., EPCM for Oil and Gas Sector, Toronto ON,
Canada
Cost and Budget Analyst for Petro- Canada, Montreal Refinery
Project, Montreal, Canada; 1.8 bil. USD; Project period 2006 -2008
Responsibilities included:
• Implemented requirements for cost recording and reporting;
_
• Maintained Cost budgets and accurate cost forecasts and
monitored project status (PFSR);
• Performed ongoing Cost data and Cash flow analysis;
• Monitored progress of filed contractors, maintained project cost
change management system (trending) and project job hour
control systems;
• Assisted with Project Financial Reporting per Bantrel and/or
client requirements
Project Cost Controller for Reliance Industries Limited, E& P Jamnagar Refinery Project,
India; 4 bil. USD Project Period 2004-2006
Responsibilities included:
• Engineering Progress & Variance Analysis, Project progress
reports, Man-hour reports, various administrative works and
cost controls works;
• Ensured accurate Project control reports were provided to
internal clients and external organizations in a timely and
professional manner;
• Implemented internal controls and monitored the effectiveness
of the controls for integrity, consistency and accuracy.
Senior Financial Accountant for Suncor Energy Inc., Genesis Project, Sarnia, ON, Canada;
2 bil. USD; Project Period 2003-2004
Responsibilities included:
• Responsible for the entire Financial Department like Accounts
Payable and Accounts Receivable and Coding, Audit, Batching,
inputting and updating cost and financial ledgers
• Maintained Purchase order and vendor files, liaised with
vendors to resolve invoice disputes and payment discrepancies
• Responsible for the Accounts Receivable functions i.e. drafted
client invoices in accordance with contractual obligations,
calculated multiplier and other direct costs of payroll and other
related costs;
• Followed up on discrepancies, omissions and outstanding
invoices to ensure that issues were promptly addressed and
resolved;
• Tracked, monitored and balanced daily input to master files;
• Processed all payments via Cheque and Electronic Fund
Transfers, wire transfers, reconciled Cheque cancellations,
Cheque replacement, rush payments and batch payments;
• Month-end and year-end closing Journal entries
• Maintained commitment reconciliation, general ledger
reconciliation, and liaised with auditors, bankers and other
statutory agencies;
• Prepared and presented monthly reports to Senior
Management;
_
• Prepared complete audit schedule file to facilitate quick disposal
of audit querries;
2001 – 2003 BECHTEL CORP., Ontario, Canada
Accountant
Responsibilities included:
• Responsible for corporate Accounts Payable, Accounts
Receivable, Corporate employees expenses report processing
and other day to day filing and Banking works;
• Processed all payments via cheque and Electronic Fund
Transfers, wire transfers, reconciled cheque cancellations,
cheque replacement, rush payments and batch payments;
• Month-end and year-end closing Journal entries;
• Maintained commitment reconciliation, general ledger
reconciliation, and liaise with auditors, bankers and other
statutory agencies.
1990 – 2000 INTERNATIONAL MECHANICAL & ELECTRICAL COMPANY
(IMECO)
Chief Accountant
Responsibilities:
• Oversaw all the financial activities of the entire company;
• Responsible for the Finalization of the financial statements, Income
and Expenses reports;
• Attended to and performed 8 full cycle Audit Reports and Financial
reports for the company.
.
Educational Qualifications
Certification: Six Sigma – Yellow Belt Bechtel Corporation. (Year 2007)
Auditing University of Toronto (Year 2005)
Intermediate Accounting Centennial College- Toronto ( Year 2002)
M.B.A specialization Finance Madras University (Year 1986 to 1990)
B.Com Calicut University (Year 1982 to 1985)
COMPUTER AND PROFESSIONAL SKILLS
• Primavera, working Knowledge
• Certified Advanced MS Excel
• Statistical Ana Analysis
• Skilled in understanding Technical Processes, Quantity
Determinations, Mathematical and Financial Reports
• Cost/Financial systems and Budget Analysis (e.g.,
forecasting, Project Financial Status Reports (PFSR),
change management, metrics)
• Cash flow development and assessment