Emmanuel Dumayas Email and Phone Number

o Oversees coordination of Trade Accountants’ processes including coordination and issue resolution with Front Office (Traders and Commercial Analysts) and with Operations Team especially during month-end and year-end closeo Reviews and approves third party invoice payments processed by Trade Accountantso Performs monthly four-way reconciliation procedure to ensure inventory records (from ICTS System) are reconciled against third-party terminal reports (actual physical inventory), SAP inventory and CIRCA (LIFO costing) inventory reportso Functions as the team’s subject matter expert (SME) o Performs as Trading Finance Department’s Safety Coordinator making sure employees are injury-free and working safely in the officeo Performs as a SOX Assessor on Duplicate Payments for the whole Trading Finance Departmento Actively participates with the Team Leader on AP, AR and Inventory Process Deep Dive Discussionso Supports and often trains new hires during transitionso Spearheaded Process Migration and Process Improvement Initiatives: Initiated and migrated VOPAK Inventory Reconciliation from US to Manila Initiated mid-month reconciliations on inventories to ease bottlenecking of activities during month-end close and to reduce issues encountered during the close Migrated GL account reconciliation for California Sales Taxes  Initiated ICTS System Clean-Up Project (covering 2010 to 2012 transactions) to ensure the trading system only reflects valid and current trades Assisted the Team Leader in rebalancing and redistribution of the team’s workload Initiated collection of long-outstanding receivables from third parties in coordination with the Credit & Collections Department Initiated collection of all outstanding exemption certificates necessary for the filing of California Sales Taxes Improved the efficiency and effectiveness of Manual Journal Entries reviewed by the leadership team

o Interpretation of contracts and validation of required trade information to effectively settle bunker oil payables and/or convey invoices to third party counterparts, affiliates and intercompany entitieso Handled process migration (US-West Coast Division to Philippines) and process clean-up on bunker sales invoicing, primary and secondary bunker costs payments and inventory management o Creates accrual entries to the SAP system for bunker oil deliveries and receipts at month-end close for inventories still to be received or paido Accounts for all associated bunker oil secondary costs to physical bunker transactionso Perform all month-end reconciliations including GL Account reconciliation, ICTS - SAP reconciliation and inventory reconciliation. o Support and provide comments for the balance sheet reconciliation including trace and escalationo Address intercompany imbalanceso Reconciles portfolios and provides preliminary P&L analysiso Work with the front office and/or middle office to update and correct prices and quantities in ICTSo Support SOX controls and testingo Handle ad-hoc inquiries from Front/Middle Office as well as counterparties (third party, affiliates or intercompany)o Handle all other general accounting services that may be required by the Trade Operations Analysts or the Business Units from time to time

o Acts as Compliance Officer to the Insurance Commission.o Oversees the day-to-day operations and activities of the Accounting and Credit & Collections Departments.o Reviewed and initiated structural and operation reforms to the Accounting and Credit & Collection Departments specifically: • added or modified vital documents such as accountable forms and correspondences • modified the system of data entry and output using high level Microsoft Excel functions and formulas to accommodate information requirements, facilitate inter-branch and inter-department coordination of data, and generate crucial figures • empowered branch cashier functions to act as check and balance to the branch head operational authority • established departmental and inter-branch internal audit program and subsequently conducted surprise audits • revamped Credit and Collection’s operational procedures to effectively monitor and collect outstanding receivables and facilitate payment of debt by establishing updated aging of accounts and reinsurance receivables, fostering mandatory demand letters, and coordinated with the Comptroller on staggering payments to long outstanding reinsurance creditors • advanced cash control through revisions of bank reconciliations, improvements on agents’ contingent profit commission computations, investment of excess funds, cash flow analysis and surprise cash countso Handles monthly review and closing of Accounting Books and preparation of monthly and yearly Financial Statements o Prepares management reports such as budgets, receivable analysis & management and investment forecasts.o Ensures adherence of the company to mandatory financial reporting and regulatory rules and regulations such as compliance to PFRS, update on BIR tax codes and issuances and insurance code and memorandums.o Handles the company’s investment portfolio in treasury bills, shares of stocks and special savings accounts.

o Prepares audit engagement letter for the newly acquired clients to be reviewed and approved by the partnero Prepares budgeted hours and fees to various corporate clients to be incurred/billedo Supervises financial audit duties and responsibilities including special audit engagements of a variety of corporate clients delegated to staff to ensure consistent and proper compliance with the Company’s audit rules and policieso Attends, together with the partner and senior associate, consultative discussions with the client’s top management personnel regarding the result of the audito Ensure adherence with the Company’s rules and policies as a whole