Ali Athar Email & Phone Number

Oslo, NO

Oslo, NO

• VP OF FINANCE & ACCOUNTING (03/2020-04/2023) | FINANCIAL CONTROLLER (12/2017-03/2020)
• Promoted to Vice President of Finance & Accounting reporting directly to the CFO.
• Preside over all accounting, tax, treasury, finance, cost control, business process improvements and reporting activities
• Charged with building a local/global finance team to support business needs and growth; started at 3 and is now 30 and growing.
• Establish and implement accounting and other fiscal policies as well as procedures such as JIB, cash calls, production entitlement, and budget strategy
• Cultivate, manage, and maintain key external relationships including governmental bodies and JV partners

Oslo, NO

www.bwoffshore.com

Houston, TX, US

• Prepared, analyzed, and distributed Joint Interest Billings (JIBs) to management and JV partners
• Managed monthly and quarterly close activities for operations in Gabon, West Africa, and month/quarter-end BS/IS variance analysis for CAO and CFO
• Ensured proper application of Joint Operator Agreement and Production Sharing Contract
• Managed and maintained annual budget and monthly forecast for Gabon entity
• Responsible for revenue, F/X, DD&A, WIP, ARO, overhead, and impairment
• Prepared and analyzed monthly VAT receivable and withholding tax liability and monthly account reconciliations in BlackLine

Houston, Texas, US

• Promoted to Cost Control Supervisor charged with leading a team of Equato-Guineans in coordination with western expats from planning and production groups to developing complex multi-entity annual budgets
• Generated $200MM annual departmental budgets, including offshore, onshore, maintenance, construction, HES, engineering, supply chain, HR, etc. (40+ departments)
• Calculated DD&A, royalties, dividends, and over-riding partner interests
• Presented budgets to Regional VP, Corporate Planning, and finally to EG Government and local partners at annual budget meetings.
• Partnered with senior management to review monthly and adjusted forecasts to ensure consistency with organizational targets; 2014 year-end, actuals were 0.5% over budget
• Key participant in a complex unitization agreement between Marathon and partner, while offering recommendations to account for DD&A and future project cost allocation methodology

Houston, Texas, US

• Provided general accounting support for three assets (RMO, SWWY, and Permian) including monthly, quarterly and annual close, book journal entries in SAP, and financial adjustments
• Coordinated monthly close activities such as allocations, WBS settlement, and joint venture cutback
• Calculated and prepared monthly and quarterly revenue accruals for all domestic assets
• Analyzed accruals vs. actuals for Natural gas and NGLs, and investigated any variances
• Quarterly calculated DD&A, S&H, OPEX rates for all domestic assets
• Collaborated with field engineers and booked all capital and expense project accruals

Houston, Texas, US

• Plan, Scope, and developed procedures for operational, revenue, financial, field office, vendor, FCPA, and SOX audits for both domestic and international audits
• Managed Staff of up to 8 auditors on time sensitive audits like the 10-K, 10-Q, and Proxy Statement
• Presented final audit reports summarizing the testing conducted, conclusions, and recommended actions to address any control deficiencies to senior management
• Interviewed senior management from various organizations to assist audit management determine high risk areas and develop audit schedule
• Collaborated with PwC and performed process walkthroughs and risk assessments
• Developed an audit program to test IT Reports that were used to generate information used in conjunction with a manual key control, and piloted it in the Revenue Audit

Houston, Texas, US

• Updated monthly Treasury Stock report and Performance Units report, journal entry processing in SAP, accounting for pension related benefits (FAS 87, 106, and 112), and SAP general ledger
• Assisted with 10-Q/10-K SEC reporting, PwC quarterly review, and quarterly pension footnote
• Recorded monthly payroll-related expenses, pension fund administration, stock option processing, critical account reconciliation, bonus accruals and reversals, and vacation and medical accruals
• True-up SAP ledgers per Fidelity and Hewitt annual statements at year-end

• Prepared federal, state, and local tax returns and estimates for individuals, partnerships, C and S corporations, LLCs, and estates
• Collaborated with upper management to identify, analyze, and utilize opportunities to minimize tax burden on clients, including performing accurate and timely tax research and planning
• Examined accounts and records to compute taxes owed according to the prescribed rates, laws, and regulations using accounting software
• Arranged and filed necessary credentials with the IRS (Internal Revenue Service) for a clients
• Communicated clearly with clients during the complete phase of tax return process

Candidate - Executive Mba

Bachelors In Business Administration, Accounting And Finance

O/A-Levels, Business