Petrel EngineeringFinancial Manager
Aug. 2011 - Oct. 2012Cape Town1. Strategic Requirements: - All Financial Reports for all stakeholders are accurate and produced according to schedule. - Manage banking relationships. - Provided valuable contribution to pricing decisions. - Demonstrate a working knowledge of Business Development activities. - Played a key role in developing and implementing the new Business Plan. 2. Management Requirements: - Managed Department Members: Accountant, Bookkeeper, Payroll, IT Administrator, Accounting Intern. - Managed Petrel’s cash flow to the advantage of the company according to the MD & Elgin Group’s expectations. - Managed the budget process and delivered an accurate budget in line with Petrel’s short- and long term business strategy. - Insured the company passed all audits with a minimum impact to Petrel. - Finance and accounting procedures, system, controls and governance were developed, managed, maintained and implemented according to MD’s expectations. - Limits of Authority were developed, implement, managed and maintained. 3. Technical and Training: - Developed, presented and evaluated Petrel’s financial statements and reports as expected (accuracy, frequency, and timing) by Petrel’s MD and the Elgin Group. - Statutory submissions and reconciliations were managed including Tax planning and management (VAT). - Developed, managed, maintained and deployed Petrel’s economics (Overheads, G & A, Production and labor bonus programs). - Established and managed to the advantage of Petrel - Insurances, Letters of Credit, Bank Guarantees and Sureties. - Accounting system conversion to Pastel Evolution from AS400 without material negative impact on Petrel. - Managed and implemented Petrel’s financial and accounting systems and insured processes are properly functioning. 4. Revenue and Profit Generation: