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Financial and Accounting professional

Location:
Sugar Land, TX
Salary:
85000
Posted:
April 03, 2020

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Resume:

SERGEY KHODYREV

Sugar Land, TX

832-***-**** adcl0z@r.postjobfree.com

Work eligibility: Permanent Resident (Green Gard)

SUMMARY

Financial Controller with 20 years of extensive experience in the oil and gas industry. Skills consist of financial management (including consolidated financial statements, overall accounting cycle, reporting, operational analysis, modeling, budgeting, internal controls); commercial management (including oil sales execution, market analysis, contracting and risk management, tendering and subcontractors selection), feasibility study and business case assessment obtained under diverse legal structures (Joint Venture Agreement, Development and Production Service Contract, Production Sharing Agreement) in upstream and integrated midstream activities within small, large and mega-projects in the Middle East, Central Asia and Eastern Europe regions. Proficient in a variety of ERP software, MS Office apps (advanced Excel data modeling and analytics skills, advanced Access) and SQL relational databases. Proven track record of accomplishments, achieving desired results and organizational goals. PROFESSIONAL EXPERIENCE

Aug 2012 – present. Financial Controller / Analyst, Lukoil International Lukoil International is an integral part of Lukoil Group. The foreign upstream subsidiary manages Lukoil’s international oil and gas production and exploration projects. Exploration and efficient development of oil and gas fields in a growing number of foreign countries form Lukoil International’ priorities. Lukoil International is implementing around 30 upstream projects in more than a dozen countries worldwide, thereby reaffirming Lukoil Group's position on the global energy market.

• Prepared and presented corporate reporting, management reporting package and analysis, supported the month/quarter/year -end financial cycle to close accurately and efficiently, provided financial statements final review (ensured costs, revenues, allowances and reserves correctly accrued) and posted adjustments if needed; developed, implemented and maintained financial procedures;

• Managed Cost Recovery process in compliance with the Development and Production Service Contract and held responsible for oil export operations in accordance with Export Oil Sales Agreement

(including submitting and reviewing of the Billing Statement, Cost Recovery invoices, ensuring Export Balance Statement is credited by the amount of Operator’s invoice, Oil Lifting Schedule execution and liaising with assigned trader); ensured sustainable financing/funding of local business entity; managed cash-calls, cash balances, forecasted short-term and long-term financial position; ensured the financial exposure to recovery / credit risk is adequate;

• Managed budgeting process, monthly and quarterly estimate submissions, reviewed annual business plan and provided variance reporting, enhanced and maintained operational and strategic business models, prepared business case scenario analysis and economics evaluations, reviewed M&A scenarios;

• Delivered financial expertise over commercial, drilling and construction contracts, verified construction reports, including percentage of completion and earned value calculations; managed the purchase of insurance programs, claims and loss control/recovery activities. Key achievements: set-up the finance and analysis functions from scratch in the course of the project start- up; secured financing strategy into break-even point for multi-billion project. Apr 2012 – Aug 2012 Financial Controller, UCB Pharma Successfully accomplished short-term assignment of the finance processes re-engineering and business practices re-designing, set-up of the corporate financial dashboard in line with corporate strategy and in course with the SAP and Hyperion implementation project. May 2010 – Apr 2012 Financial Analyst / PSL Controller, Halliburton Halliburton is the world’s largest provider of products and services to the global energy industry. Halliburton serves the upstream oil and natural gas industry throughout the life cycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.

• Maintained financial records, managed closing of the financial period, run daily accounting process in accordance to the GAAP, was responsible for internal controls, prepared corporate reporting packages, delivered operational analysis and reporting, delivered on-going optimization of Company's cost structure;

• Managed the process of the preparation of budgets and monthly estimates submissions

(preliminary, update, final), provided explanation on the variances from the budget, provided commentary for actual / forecasted P&L, interpreted financial operating results, assessed the company’s balance sheet on a monthly basis, analysed the assets and liabilities from valuation perspective, maintained Fixed Assets register, WBS and Inventory databases, performed inventory valuation including moving average costing;

• Provided advisory to general management on financial matters including cost structuring, cost reduction, increasing profit opportunities, accruals, procurement and sales activities, ensured compliance with all investment and contract management related issues as well as with all tax, treasury, statutory and financial policies across the region etc.; continuously improved business predictability, influenced decision making process.

Key achievements: acted as Division Controller for the key Company’s PLSs (Project Service Lines) with annual turnover of more than $1.5Bn, including Sperry Drilling, Baroid, Cementing, W&P and oversaw other servicing functions, including BD; provided financial supervision on localization projects within designated region (M&A analysis and execution).

Jul 2005 – May 2010 Commercial Finance Controller (Economist), ConocoPhillips ConocoPhillips is the world’s largest independent exploration and production (E&P) company, based on proved reserves and production of liquids and natural gas. Headquartered in Houston, Texas, it has operations and activities in 17 countries. At December 31, 2016, ConocoPhillips employed approximately 13,300 people worldwide.

• Was responsible for Commercial Operations; provided financial control over direct oil export and domestic sales, expanded export sales destinations, raised efficiency of sales, delivered energy market and oil sales analytics, ensured financial security of sales, set up and maintained oil tendering process, provided financial expertise of commercial contracts;

• Hedged export deals, provided daily analysis and monitoring of domestic and export oil markets, monitored price trends, price differentials, Worldscale tariffs, insurance rates, port fees, trading costs for the main oil benchmarks and market segments;

• Held responsible for all negotiations for oil trade T&Cs during contract award and execution, dealt with international traders, cargo and freight counter-parties, Central Energy Customs, Central and beneficiary’ banks, Federal Ministry Departments, Federal Tax Departments, Transneft and other TPAa on a regular basis regarding all downstream activities ensuring all necessary operational information/documentation is passed on in due time and documentary requirements are met, ensured that all law obligations are carried out, and that any necessary legal and fiscal requirements are complied with;

• Provided operational and long-term sales planning, business case appraisal, economical modelling;

• Managed financial reporting and ad-hoc reporting processes; controlled company’s cash-flow;

• Maintained sustainable project financing and provided full-scale controls over the Company’s cash flow, dealt with top-tier international banks and investment groups. Key achievements: Acting in compliance with the Joint Venture Agreement secured successful execution of oil sales with annual turnover of more than $1.5Bn; as well as financial supervision for commercial and business expansion projects.

Jun 1999 – Jul 2005, Accounting Supervisor, ConocoPhillips Prepared financial statements and delivered corporate accounting and internal controls in accordance with GAAP, IFRS and Tax Regulations, composed tax returns; set up and maintained the accounting policies and processes for business (Accounts Payable, Receivable, General Ledger, Fixed Assets and Investments, Management Accounting); held responsible for cash balances and banking. EDUCATION

May 2019 CPA – in progress;

2010 – 2012 “Financial Management”; Financial Performance”; “Financial Planning and Analysis”; “Financial Modeling” Halliburton University, training and development courses; 2006 – Extension Program “Mechanics and Operations of Crude Oil & Petroleum Products Trading, Pricing and Risk Management”, The Institute of Petroleum, UK, Certificate; 2002 – Extension Course “Modeling Excellence, Key Ideas (Advanced Excel)”, ConocoPhillips; Sep 1996 – July 2001 MSc Degree in Finance, Northern (Arctic) Federal University, Graduated with specialization in Corporate Finance and Financial Markets, final essay on Feasibility Study for Oil and Gas Production Enhancement Project.

COMPUTER SKILLS

MS Office, Advanced Excel, Advanced Access, SQLite, SAP (and SAP Products), WolfePak, JD Edwards, Navision, Hyperion, Essbase, Cognos, SUN, Primavera, Welltrax, @Risk, QuickBooks, IDEAS



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