LAURA SABITOVA
e-mail: *************@*****.***
DipIFR ACCA, DipIFR IFA, the Certificate «Professional accountant of RoK»,
the Certificate «Professional accountant of Russia»,
the master «Financial management», Certified Accounting Practitioner,
going through training for ACCA (passed 6 Papers).
KEY QUALIFICATIONS
Over twenty-five years in accounting, planning and budgeting, taxation.
Over twenty years experience in the international oil-extracting companies both onshore and offshore oil fields (ChevronTexaco (USA) 5 years, CNPC (China) 7 years, Lukoil (Russia) 7 years, KazMunaiGas 7 years, ONGC Videsh Limited (India) 7 years).
Responsible for corporate financial reporting (IFRS, US GAAP)
Successful defences of Company’s positions in accordance with tax legislation with respect to outcomes of tax audits and in the Court.
Effective planning and organizational skills.
Over ten years of experience in management (manage 30 employees).
Ability to work with external auditors (Ernst Young, PWC, KPMG, Deloitte) and with internal auditors from Partners.
Ability to prepare and make presentation concerning finance and tax issues.
Verbal and written communication skills.
Excellent knowledge of International Accounting Standards and Tax Code of RoK.
Experienced team worker.
Excellent worker with accounting program SUN Systems, 1C, SAP.
EXPERIENCE
Zhety Aspan LLP
Finance director of group of companies – supermarket galmart
June 2020 – Present
Provide executive leadership with key financial and strategic insights to supporting enterprise decision making
Participate in financial planning activities to develop strategic plans, budget and forecasts and provide clear monitoring
Carry out special financial or planning projects of varying nature and complexity, including new business integration
Ensure optimal process for budgeting and reporting by providing vision, process and guidelines aligned with strategic initiatives
Conduct monthly/quarterly P&L and depletion and profit analysis
Ensure timely reporting of established management information (dashboard, sales / depl / inv, commentaries)
Ensure accurate and timely financial reporting in the system in coordination with accounting
Participate to monitoring of cashflow / OPEX / Capex budgets and performance
Effectively use business systems tools for budgeting, reporting, tracking and analysis
Participate to Closing process for accruals and reversals, inventory reconciliation
Resolve problems of accounting, reporting and taxation areas
Blue Water Shipping LLP (subsidiary of Blue Water International A/S – Denmark)
Finance director for FGP – TCO’s project (Tengizchevroil – Chevron (USA), KMG (Kazakhstan), Exxonmobil (USA), Lukoil (Russia))
April 2018 – March 2020
Manage the Finance group (accounting, reporting and taxation) in Aktau, including hiring and development of stuff and systems to meet demands of internal and external reporting and operational requirements for TCO’s project – Future Growth Project.
Meet all Kazakh Government statistical and tax requirements, company deadlines are met; make sure that all information meets the required standards of accuracy.
Ensure that proper books of accounts are maintained to meet International accounting standards and satisfy internal and external auditors.
Maintain current working knowledge of Kazakhstan taxation and accounting legislation and advise management of impact to company.
Work on timely and correct completion of company in accordance with company instructions.
Resolve problems of accounting, reporting and taxation areas.
Analysis of variances of Performance Budget.
Work with Cash Flow of Project.
Satpayev Operating LLP – Operator (Offshore Oil production Operating activity)
Partners – KazMunaiGas (Kazakhstan), ONGC Videsh Limited (India)
Chief accountant
May 2011- March 2018
Manage the Finance groups (accounting, reporting and taxation) in Atyrau, including hiring and development of stuff and systems to meet demands of internal and external reporting and operational requirements as Joint Operating Company
Meet all Kazakh Government statistical and tax requirements, company and joint venture deadlines are met; make sure that all information meets the required standards of accuracy.
Ensure that proper books of accounts are maintained to meet International accounting standards and satisfy internal and external auditors.
Maintain current working knowledge of Kazakhstan taxation and accounting legislation and advise management of impact to company.
Work on timely and correct completion of company in accordance with joint venture agreements, Kazakhstan Government contract and company instructions.
Resolve problems of accounting, reporting and taxation areas.
Work program and analysis of variances of Performance Budget.
Hertel Kazakhstan (Hertel - global industrial services company of Netherlands)
Finance manager
October 2010 – May 2011
Manage the Finance group - accounting, reporting and taxation - in Aktau including hiring and development of stuff and systems to meet demands of internal and external reporting.
Meet all Kazakh Government statistical and tax requirements, company deadlines are met; make sure that all information meets the required standards of accuracy.
Ensure that proper books of accounts are maintained to meet International accounting standards and satisfy internal and external auditors.
Maintain current working knowledge of Kazakhstan taxation and accounting legislation and advise management of impact to company.
Work on timely and correct completion of company in accordance with company instructions.
Resolve problems of accounting, reporting and taxation areas.
Buzachi Operating LTD (Onshore Oil production Operating activity)
Partners – Lukoil (Russia) and CNPC(China)
Twelve years of continuous work on the project North Buzachi
Chief accountant
December 2008- October 2010
In April 2010, completed the audit report to the operator for 2005-2009.
In 2009, work was carried out with consultants PWC to change the Operator of the ledger and reporting, proposed a new accounting policy.
Manage the Finance groups (accounting, reporting and taxation) in Aktau including hiring and development of stuff and systems to meet demands of internal and external reporting and operational requirements as Joint Operating Company
Meet all Kazakh Government statistical and tax requirements, company and joint venture deadlines are met; make sure that all information meets the required standards of accuracy.
Ensure that proper books of accounts are maintained to meet International accounting standards and satisfy internal and external auditors.
Maintain current working knowledge of Kazakhstan taxation and accounting legislation and advise management of impact to company.
Work on timely and correct completion of company in accordance with joint venture agreements, Kazakhstan Government contract and company instructions.
Resolve problems of accounting, reporting and taxation areas.
Successful defence of Company’s positions in accordance with tax legislation with respect to outcomes of tax audits at the Committee of Finance Police and the Tax committee of Ministry of Finance and in Courts.
Perform supervisory and administrative functions for accounting, Tax and reporting departments of over thirty employees.
Cash call from Partners for Operating activity.
Work program and analysis of variances of Performance Budget.
Tax manager
January 2005- November 2008
Verification of correct compilation of tax returns (under and not under Contract with Government) and reports on electronic monitoring for two partners and operator.
Preparation of Annual Tax Return (under and not under Contract with Government), Balance sheet and other Financial Reports for two partners and operator.
Responding to inquiries during tax audits of local tax authorities and Ministry of Finance, external audits (Ernst Young, PWC, KPMG, MinTax), partner’s audits, internal corporate audits.
Successful defence of Company’s positions in accordance with tax legislation with respect to outcomes of tax audits at the Committee of Finance Police and the Tax committee of Ministry of Finance and in Courts.
Maintain current working knowledge of Kazakhstan taxation and accounting legislation and advise management of impact to company.
Resolve tax problems.
Perform supervisory and administrative functions of six tax accountants.
CNPC (Buzachi) International Inc (China)
Tax compliance supervisor
July 2004 – December 2004
Responsibilities - the same as at the Branch of «Texaco North Buzachi, Inc
ChevronTexaco (USA)
TEXACO NORTH BUZACHI, INC.
Tax compliance supervisor
April 2000-July 2004
Verification of correct compilation of tax returns and reports on electronic monitoring.
Preparation of Annual Tax Return, Balance sheet and other Financial Reports.
Responding to inquiries during tax audits of local tax authorities and Ministry of Finance, external audits (Arthur Andersen), partner’s audits (Nimir Petroleum), internal corporate audits.
Participation in negotiations with the Ministry of Energy and the Ministry of Finance of Republic of Kazakhstan on the matter of amendments to the Subsurface User Contract.
Successful defence of Company’s positions in accordance with tax legislation with respect to outcomes of tax audits at the Committee of Finance Police and the Tax committee of Ministry of Finance.
Maintain current working knowledge of Kazakhstan taxation and accounting legislation and advise management of impact to company.
Resolve tax problems.
Supervision of three tax accountants.
Awarded by Company’s Recognition Award for successful VAT return from the budget (VAT being returned as a payment against other taxes, as well as in cash).
TEXACO NORTH BUZACHI, INC.
Accountant
October 1998- April 2000
Preparation and submission of OPEX (Operating Expenses) and CAPEX (Capital Expenditures) reports of the Company to management.
Participation in preparation of Company’s budget.
Preparation and submission of Joint Venture Billings reports to partners.
Work with Sun System software at programmer’s level: designing of reports’ structure in accordance with Company’s needs in financial reporting.
JSC “Airport Aktau
Deputy Chief Accountant
April 1997 - October 1998
Management and control of accounting divisions.
Preparation of balance sheet and financial reports.
Preparation and submission all tax returns.
JSC “Airport Aktau
Supervisor of Mutual payments department
December 1996 – April 1997
Maintaining of journal-orders on settlements with air companies
Reconciliation and control of customers’ payments
Mangistau Administration of State Committee on Finance and Currency Control
Controller-auditor January 1996 – November 1996
Deputy Chief Accountant November 1993 – January 1996
Mangistau Regional statistical Agency
November 1990 – November 1993
Senior economist
Supervisor of Social Statistics Group
Leading economist of Department of Social Statistics
Economist of Department of Capital Construction
Atyrau Regional Statistical Agency
August 1990- November 1990
Engineer, Modeling and Programming Department
EDUCATION AND TRAINING
Moscow Institute of Economy, statistics, information science, Moscow.
Holder of a master's degree - Finance management.
October 2007 – February 2010
Passed all three exams for CAP (Certified Accounting Practitioner) professional qualification - Financial Accounting 1, Tax and Law, Management Accounting 1. I have certificate of CAP.
November 2004 – July 2005
University of International Business, Almaty
«International Accounting Standards» seminar
April 2003
Becker Conviser, Almaty
CPA Review Course
July 2001- October 2001
Central Asian Personnel Consulting, Almaty
Time management Course
September 2001
In-office training at Texaco Headoffice, Aberdeen, UK
November 1999
Regent Language Training, London
Business English Course
August 2000- September 2000
Alma-Ata Institute of National Economy, Almaty.
Data Processing Department
Qualification: Engineer-Economist, Diploma with honour
September 1985- June 1990
SKILLS
People skills – ability to effectively work
Good managerial, administrative skills, team work.
PC literate: Sun System, Microsoft applications
Extensive knowledge of laws of the Republic of Kazakhstan
Languages - Kazakh – native, Russian– fluent, English – fluent