Jawad Olabi Email & Phone Number

Friendswood, Texas, US

Houston, Texas, US

• Responsible for developing & implementing an enterprise-wide common Reporting & Planning Platform
• Enable cross functional strategy coordination between Sales, Planning, and Finance domains
• Unified Business Reporting requirements, with a focus on Valuable & Actionable analytics
• Created Standard Interoperability Protocols, to enable the Integrated Business Planning (IBP) rollout
• Developed Business/Geography specific Operating Models, to establish Reporting and Planning requirements
• Defined various Business System enhancements necessary to unify reporting and satisfy operational visibility

Houston, Texas, US

• Provide financial leadership, including global ownership for reporting, budgeting, & forecasting, ~$4B Rev per Annum
• Responsible for monthly close reporting and ensuring business compliance with internal controls (SOX & GAAP)
• Support development of new business strategy, with main levers including Business Model Optimization, NPD Rationalization, Product Cost Leadership, & Business Digitization
• Responsible for developing the business intelligence portfolio, including a team of 4 Data Scientists/BI Analysts
• Partner with operations to develop data models, automation tools, and data visualizations to guide strategic decisions
• Established Corporate Information Models (CIM), unifying unstructured data sets to support key business decisions

Houston, Texas, US

• Responsible for company wide CAPEX planning of field Equipment across all PL’s, approx. $1B per Annum
• Actively managed the OPEX Budgeting & Forecasting process for the Technology function, approx. $3.5B per Annum
• Responsible for Asset Compliance of the Company’s fleet across all operating geographies, approx. $30+ Billion
• Developed Automated Cost of Service Delivery reporting at the Technology/Geography level
• Led the development of Job Profitability tools, leveraging both Operational & Financial Business Systems
• Supported all Product Lines in extending Maintenance Triggers, reducing maintenance events /spend

Houston, Texas, US

• Led the company’s worldwide transformation initiative around asset ownership (~$20B GBV)
• Revamped the companywide accounting structure to enable virtual visibility & central asset ownership
• Redeveloped the accounting sub-system in all operating geographies to enable P&L capture and visibility
• Managed a team of 40 who performed worldwide asset demarcation, verification, and risk quantification
• Managed a team of 6 Analysts/Controllers in designing, building, and ruggedizing leasing models
• Developed the Perpetual Asset Count program, which cross referenced the ERP, Maintenance System, and actual count records; reducing the count population by ~50% while focusing on high risk populations

Houston, Texas, US

• Developed the segment’s transformation strategy around inventory management (~$500M GBV)
• Led the segment’s global inventory visibility program which required the ingestion of data sets spanning multiple business systems and operating geographies
• Developed a statistical forecasting model to predict inventory levels by location; accounting for incoming pipeline, demand signals, projected revenue, etc.
• Designed the Inventory Risk Assessment Framework, which was deployed as part of the tender review process to quantify financial risks associated with customer T&Cs
• Involved in implementing "Intelligent" Part Numbering (iSKU) schema, enabling attribute-based inventory planning
• Ensured Inventory & Warehouse processes/controls were in place and that inventory controls were effective

Houston, Texas, US

• Lead several region-based audit engagements spanning all business units. Responsible for all aspects of project execution including scoping, resource allocation, implementation, and drafting of final deliverable
• Performed several IT focused reviews (ex: Oracle Procure to Pay) assessing process & system controls
• Engaged in both Due Diligence and Post Acquisition Reviews of several acquired businesses
• Developed key performance indicators to facilitate predictive analytics and quantitative risk assessments
• Managed worldwide business reviews, including global inventory assessments & balance sheet tests
• Developed the Engineering, Manufacturing, & Sustaining audit methodology and work programs

Houston, Texas, US

• Conducted a landmark study on the true cost of internal machining capacity considering the current cost structure, machine availability, and employee efficiency/utilization
• Negotiated a new transfer scheme in which pricing was a function of capacity utilization
• Engineered a new standard costing paradigm which included revisiting all product routings, revising absorption rates (via activity based costing), establishing minimum order quantities on high-volume/low-risk parts.
• Managed/Approved capital expenditure spend in excess of $10 Million
• Conducted a thorough review of all “At-Risk” inventory and its associated obsolescence provision in order to quantity exposure
• Developed new management P&L’s (per product line) via utilization of a modified account structureCommentary: Out of the frying pan and into the fire, this role required a substantial shift in approach as I went from.

Houston, Texas, US

• Deployed the site ERP system (MFGPro) and managed associated training of site staff
• Drafted and deployed the localized standard financial practices (in order to ensure an across-the-board implementation of standard finance practices)
• Implemented all financial controls (segregation of duties, P2P standard, authorization matrix, etc.)
• Analyzed and controlled investments (Capex, Inventory, Projects, DSO)
• Performed monthly reviews of Profit & Loss and Balance Sheet accounts
• Prepared and presented monthly variance analysis by job

Houston, Texas, US

• Streamlined the finance reporting process in order to eliminate non-value added work
• Conducted a review of inventory levels, past & future usage, and obsolesce reserves to gauge accuracy
• Established and analyzed budgetary figures for the 3 legal entities associated with the site
• Completed review of Labor & Overhead rates
• Implemented controls on procurement activity in order to validate firm demand before placing orders

Houston, Texas, US

• Analyzed company-wide Absorption methodologies and their potential implications on pricing/tendering
• Established & analyzed year budgetary figures for the entire segment
• Built Ad-Hoc reporting tools for the Finance Community (via Access and VB)
• Reviewed/Audited reporting methodologies of various centers (inconsistencies in financial reporting)
• Assisted with identifying currency exposure issues related to foreign currency expense

Houston, Texas, US

• Reviewed balance sheet accounts, reconciled and prepared associated balance sheet notes
• Analyzed Profit & Loss variance and reviewed detailed revenue and cost transactions
• Controlled and prepared general ledger entries including prepaids, accruals, allocations, etc
• Controlled inventory including evaluation of product cost, material accuracy, period physical inventory, etc.
• Established standard overhead rates
• Established standards of control over material and finished goods movements.

Houston, Texas, US

• Prepared necessary month end journal entries and account reconciliations as required
• Analyzed and reported to Management spend activity of the plant versus budget and forecast
• Assisted Plant Management in the development of the Annual Budget
• Performed general ledger reconciliation and analysis
• Reviewed standard cost of manufactured products

Charlotte, NC, US

• Conducted timely monthly closing including budget variances and key performance indicators
• Prepared weekly and monthly results of operations to management
• Performed Year end closing functions
• Prepared, coordinated and managed budgets and forecasts (daily, weekly & monthly)
• Analyzed and interpreted financial and accounting information

• Performed accounts payable entries
• Compiled and analyzed financial information to prepare entries to accounts.
• Prepared financial statements

Master Of Science (M.S.), Finance, General

Bachelors Of Science, Accounting

Associate Of Arts, Computer Science