Financial Planning Regulatory Reporting

GUSTAVO GUEVARA

*** ** ***** **, ***** Fl, ***** · +1-786-***-****

**********@*****.*** · LinkedIn: https://www.linkedin.com/in/guevara-gustavo-b6b3175? Experienced Oil & Gas Finance and Accountant with more than 20 years of experience in major projects of oil extraction, distribution, and international trading. Also financial and tax advisor with experience in International Structuring and Compliance, wealth management and personal portfolios. EXPERIENCE

OCTOBER 3RD TO PRESENT

SENIOR FINANCE CONTROLLER, URBANHUB [URBNISTA] – MEXICO CITY Financial Planning and Analysis:

Oversee the annual budgeting and forecasting processes.

Conduct financial analysis and provide strategic insights to support decision-making. Financial Reporting:

Review and approve timely and accurate financial statements in accordance with relevant accounting standards.

Ensure compliance with regulatory reporting requirements. Internal Controls:

Establish and maintain robust internal control procedures.

Conduct regular internal audits to identify and mitigate financial risks.

Conduct External Audits

Cash Flow Management:

Manage and optimize cash flow to meet operational needs and investment opportunities.

Implement effective cash management strategies.

Review and Approve Company Cash Flow

Tax Planning and Compliance:

Oversee tax planning strategies to optimize the organization's tax position.

Ensure compliance with local and international tax regulations.

Coordinate the preparation of regulatory reporting.

Approval of financial and tax strategies

Accounting:

Managing all finance and accounting operations, IT / SAP Management

Preparing and disclosing timely monthly financial statements

Manage all accounting operations including Billing, A/R, A/P, GL.

Manage the capital request and budgeting processes.

Develop performance measures that support the company's strategic direction.

Assist in formulating the company's future direction and supporting tactical initiatives.

Monitor and direct the implementation of strategic business plans.

Oversea and control month end closing activities. MAY 2020 – PRESENT

INDEPENDENT INTERNATIONAL TRADING, PLOTUS GLOBAL TRADING – MEXICO CITY 2

As an international trade specialist, with commodities in: Oil & Gas: refined products, Food-vegetables- fruits, Minerals. Primary job duties:

Analyze foreign trade and monitor the global market.

Monitoring international market performance

Trading on behalf of clients

Liaising with transport, shipping and insurance companies

Devising ‘hedging strategies'

Visiting international suppliers

Interpreting market reports

Negotiating price, specification and logistic details Market Analysis:

Conduct in-depth market analysis specific to Crude Oil, Diesel, JetA1, and JP54 to identify trends, opportunities, and risks.

Conduct in-depth market analysis specific to Minerals and Food like: o Steam Coal

o Green PetCoke

o Copper

o Iron and Steel

o Sugar, Rice and Corn

Evaluate factors affecting the pricing and demand for each commodity.

Stay abreast of geopolitical, economic, and industry-specific factors that impact commodity prices.

Trading Execution:

Execute trading strategies for buying and selling oil and gas commodities.

Manage and optimize the trading portfolio to maximize profitability while adhering to risk management guidelines.

Negotiate Prices and Long Terms contacts conditions.

Advice on Payments Terms Executions thru Credit of Letters (SBLC and/or DLC) Contract Negotiation:

Negotiate and finalize contracts with suppliers and buyers. Contracts with 12 +1 Cargos

Ensure compliance with contractual terms and conditions. Risk Management:

Develop and implement risk management strategies to mitigate market volatility and protect the organization from financial losses.

Monitor and manage exposure limits and position sizes. Collaboration:

Collaborate with cross-functional teams, including operations, finance, and legal, to ensure smooth execution of trades and compliance with regulatory requirements.

Review and Approve Related Documents: LOI, SCP, FCO, SPA, IMFPA Reporting:

Prepare regular reports on trading performance, market trends, and risk exposure.

Provide insights and recommendations to senior management. MAY 2017 – 2021

COMPANY CONTROLLER AND INTERNATIONAL TRADING, CONSTRUCTORA CONTINENTE Y ENERGIA – MEXICO CITY

Manages business development and new business opportunities

Managing all finance and accounting operations

Preparing and disclosing timely monthly financial statements

Manage all accounting operations including Billing, A/R, A/P, GL, Cost Accounting, Inventory 3

Accounting and Revenue Recognition

Coordinate the preparation of regulatory reporting

Review and Approve Company Cash Flow

Approval of financial and tax strategies

Manage the capital request and budgeting processes

Develop performance measures that support the company's strategic direction

Assist in formulating the company's future direction and supporting tactical initiatives

Monitor and direct the implementation of strategic business plans As an international trade specialist, with commodities in: Oil & Gas: refined products, Food-vegetables- fruits, Minerals, primary job duties:

Analyze foreign trade and monitor the global market. You

Monitoring international market performance

Providing investment advice and market recommendations to clients

Trading on behalf of clients

Liaising with transport, shipping and insurance companies

Devising ‘hedging strategies'

Visiting international suppliers

Interpreting market reports

Negotiating price, specification and logistic details JULY 2013 – MAY 2017

COMPANY CONTROLLER AND SAP IMPLEMENTATION LEADER, CONKOR USA LLC HOUSTON, TX

Manages business development and new business opportunities

Managing all finance and accounting operations

Preparing and publishing timely monthly financial statements

Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition

Coordinate the preparation of regulatory reporting

Support month-end and year-end close process

Manage and comply with local, state, and federal government reporting requirements and tax filings

Approve business processes and accounting policies to maintain and strengthen internal controls

Monitoring of Accounts Receivable aging Report and Collecting and decision maker on future actions

Approve and Control Company Global Budget

Review and Approve Financial Statements Reports, Including Revenues, COGS, and Expenses & FOP and Balance Sheet Commented for monthly variances.

Review Exchange Rate Differences at the End of the Month in USGAAP bases (FASB 52).

Identify development opportunities consistent with the aims of the organization and the operating environment.

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Review and Approve monthly Accruals and Provisions

Review and Approve Company Cash Flow

Analysis and decision maker on Bank Loans

Review and Update Company Policies and Finance Procedures

Pursue and finding of any potential Fraud.

Deal and Assist External Audits.

Develop Bank Relationship and Assist in formulating the company's future direction and supporting tactical initiatives

Monitor and direct the implementation of strategic business plans

Develop financial and tax strategies

Manage the capital request and budgeting processes

Develop performance measures that support the company's strategic direction

Assist in formulating the company's future direction and supporting tactical initiatives

Monitor and direct the implementation of strategic business plans

Assist in formulating the company's future direction and supporting tactical initiatives MAJOR DUTIES AND RESPONSIBILITIES AS SAP IMPLEMENTATION LEADER:

Assists with the qualification of opportunities provided by the Company / account teams

Assists with defining scope, determining resource requirements and timeframes for delivery.

Assess risk and determine mitigation strategies.

Managing project financials including P&L

Manages project to meet or exceeds approved project budgets

Provides leadership to project team by setting direction and priorities for the project

Mentors and encourages skill development of project team members

Provides performance and development reviews for team members

Presents project status and forecast to Company Directors

Approve all Configuration of the core modules:

o Purchasing -MM

o Inventory Management - MM

o FI Module including AR, AP, G/L, Fixed Assets

o SD - Sales Distribution

o Controlling

o Project Service

JANUARY 2010 – JUNE 2011

FINANCE & ADMINISTRATION MANAGER, WEATHERFORD LATIN AMERICA PORT OF SPAIN, TRINIDAD & TOBAGO

Manage and Control Inventory and Fixed Assets Financial Operation

Monitoring of Accounts Receivable aging Report and Collecting

Prepare and Control Company Branch Budget

Prepare Financial Statements Reports, Including Revenues, COGS, and Expenses & FOP and Balance Sheet Commented for monthly variances.

Review and Post Exchange Rate Differences at the End of the Month in USGAAP bases (FASB 52).

Identify development opportunities consistent with the aims of the organization and the system environments.

Review and Approve monthly Accruals and Provisions 5

Quarterly and monthly Budget Review versus actual.

Complete End of the Month Reporting in Hyperion according with Company Corporate Schedule. Prepare Journal entries in HFM to correct variances in all different modules: Inventories, Fixed Assets, A/R, A/P, Unbilled Accounts, Revenues and Expenses.

Financial Reports issue in Smartview for variance analysis and reconciliations.

Checking and reviewing of Intercompany Transactions, including Unbilled Accounts, Assets, and Inventory Transfers.

Review Inventory Provisions for Slow Moving, Obsolete and Lower Price Market.

Monitor and ensure accountability for financial performance, processes, and policies.

Ensure that assets, liabilities, revenues, and expenses for responsibility area are accurately reported and accounted.

Ensure that budgets and financial performance are in accordance with business strategic initiatives.

Lead and Manage External and Internal Audit for Venezuela and Trinidad & Tobago Operation, including:

• Coordinate the completeness of all Audit Requirements from Different areas of the Company: Revenues, COGS, Inventory, Fixed Assets, and Accounts Payables, accounts Receivables, Intercompany, Payroll, and Exchange Rate Differences.

• Suggesting improvement of audits, including but not limited to automated auditing and control self-assessments

• Prepare Analysis to satisfy Audits requirements

• Perform follow-up activities with management to ensure the timely resolution of internal control and operational maturity deficiencies.

• Investigated handling of various transactions and accounts to bring out inefficiencies and fraudulent activities

September 2008 – December 2009

JDE IMPLEMENTATION LEADER

Manage project activities in conjunction with JDE Region Project Manager

Manage Operations Team members (Super Users) for task assignments

Set strategies and Plan to coordinate all activities related to Classification of Inventories.

Set up Business Units mapping with Legacy Systems Accounts.

Logistic for all activities related to the Implementation Project like: Design Sessions, Super Users Training, CRP I & II, End Users.

Identify Data Owners and coordinate data validation activities

Monitor all Issues and Task to be completed related to all different modules implemented

Support all local operation and different product lines after GO LIVE November 2007– September 2008

SOX ANALYST – INTERNAL CONTROL

Special Project to reconcile the Fixed Assets and DD&A Accounts

Develop procedures and internal controls based on SOX methodology for the next business areas: Procurement – Supply Chain

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Accounts Payables Treasury

Sales and Cash Receipt Inventory

Closing Process Fixed Assets Allowance Payroll

PETROLERA ZUATA, PETROZUATA – PUERTO LA CRUZ, VENEZUELA

(STRATEGICAL ASSOCIATION BETWEEN CONOCOPHILLIPS INC. AND PETROLEOS DE VENEZUELA) SEPTEMBER 1997 TO OCTOBER 2007

February 2007 – October 2007

CAPITAL INVESTMENT BUDGET CONTROLLER AND ADMINISTRATOR

Support to Drilling, Reservoir, Construction and Engineering Departments.

Capital Budget execution and control.

Global operational and administrative consolidation reporting to top management level.

Budget control and handling. Budget execution for operation areas.

Control the execution of the Upstream Budgets for CAPEX ($155.1MM)

Coordinate and participate in the preparation of short- and long-term financial forecasts

Coordinate and participate in the Annual Business Plan processes.

Perform investment appraisal on new projects.

Analysis of variations between monthly Forecast versus Actual March 2005 – January 2007

INVENTORY ACCOUNTANT (SHARED SERVICE DIVISION)

Designing of spreadsheets to calculate the extra heavy crude oil, naphtha, blend (extra heavy crude oil and naphtha), intermedial products and sub-products (heavy syncrude, light syncrude and gas oil) final inventories and volumetric reconciliation

Calculating and booking of extra heavy crude oil production cost and sub-products (light syncrude, heavy syncrude and gas oil); barrels of production per day: 120,000 Production

Calculating and booking of the extra heavy crude oil cost of goods sold and sub-products (light syncrude, heavy syncrude and gas oil)

Reconcile Crude Oil Inventories for 36” and 24” Pipeline at the Month End Close.

Bill Usage of 24” & 36” Pipeline Services to Join Clients

Analyzing and calculating real cost of goods sold variance against forecast

Reconciling final inventory volume against SAP entries

Developing, updating, and preparing procedures for inventory crude and materials valuations

Designing of SOX Matrix of Risk and Flowcharts for Inventory Crude and Materials processes for SOX Certification purposes

Leading and coordinating physical counts of inventory

Analyzing and booking of material price changes (SAP Material Ledger Module)

Reconciling and analyzing differences in materials physical counts

Performing and booking of materials price test (market price versus SAP materials average price)

Performing and booking of materials obsolescence and low movement provision

Booking of expenses for materials freight and duties

Analyzing the liability accounts (Good Receipts / Invoice Receipts Account) and booking adjustments for difference between Billed and Receipt.

Preparing inventory statistics for management

Calculating and booking of Materials Declared Surplus and loss provisions 7

September 2003 – February 2005

INTERCOMPANY COORDINATOR

February 2002 – September 2003

CORPORATE ACCOUNTANT

December 1998 – January 2000

PAYMENTS COORDINATOR

Analyzed and forecasted cash requirements associated with $2.1 billion extra heavy oil project and on-going operations

Posted all payment transactions in SAP

Reconciled VAT and withholding tax accounts

Prepared aging reports and analyzed unpaid items

Reconciled corporate bank accounts

January 1998 – December 1998

ACCOUNTS PAYABLE ANALYST

September 1997 – December 1997

SAP IMPLEMENTATION TEAM

PETROLEOS DE VENEZUELA S.A., P.D.V.S.A. – PUERTO LA CRUZ, VENEZUELA January 1996 to September 1997

ACCOUNTS PAYABLE ANALYST

EDUCATION

SEPTEMBER 2001

PUBLIC ACCOUNTANT, UNIVERSIDAD DE ORIENTE

SKILLS

• Computer Software: Microsoft Excel

(advanced), Microsoft Word, Microsoft

PowerPoint, Microsoft Visio

• SAP (R/3 & 4.5 - certified)

• Assigned as SAP Power User for Finance and

Material Module

• Quickbooks

• Bilingual (Spanish/English) - read, write, and

speak

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ACTIVITIES

I played soccer from 8 years old and played all active tournaments thru. I played professional Soccer in Venezuelan Soccer Professional league for two years with Anzoategui F.C. Also golf player and all sports lover and fan.

ADDITIONAL TRAINING/SEMINARS:

Petroleum Fundamentals, University of Texas at Austin Division of Continuing Education.

Elementary Drilling, University of Texas at Austin Division of Continuing Education.

Oil and Gas Accounting, instruction provided by Conoco Inc.

The 7 Habits of Highly Effective People, instruction provided by Conoco Inc.

Target Development, instruction provided by Conoco Inc.

Duty Process for Oil Projects, instruction provided by Aduanera Transmundial.

Inflation Adjustment for Financial Statement, instruction provided by Espinheira Sheldon y Asociados.

International Accounting Principles, Deferred Taxes, instruction by Espinheira Sheldon y Asociados.

Process & Procedures Elaboration.

Time Management Course

Team Building

Withholding Tax Reconciliation

NIIF – NIC Updating and Application

Upgrading, Refination and Economy Seminary for Heavy and Extra Heavy Crude Oil by Baker Oil Tools.

SOX 2006 – Internal Audit

Updating of International Financial Information Rules (NIIFS - NIC) Spinheira Sheldon y Asociados

Leadership and Excellence: Key for a Service Organization Success

Budge Control and Formulation (IESA – Caracas)

Skills Training for Enterprise Excellence (Weatherford - Venezuela)

OSHA Certification Training (Conkor USA LLC – Houston, Tx, USA)

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