Mohammad Ibrahim Email & Phone Number

Saudi Arabia

Description • Leads Finance and Operations controls for a business, which represents 25% of Schlumberger’s Well Completion activity worldwide• Develops and executes Finance Strategy plan for ongoing operations.• Produces financial reports including annual budget, rolling forecast, profit and loss statement• With full accountability for P&L and segment profitability, leads Forecasting, Budgeting, Reconciliation, GAAP Compliance, and manages a team of 4 professionals• Oversees controls on segment working capital of $ 120m, with average inventory of $70m, receivables of $50m• Drives robust internal controls and full compliance with Schlumberger Financial procedures and code of ethics• Encourages strong focus on receivables management, has cut segment DSO to 50 days from +90 days average country wide• Maximizes free cash flow by managing working capital component, participated in reducing inventory level by $10m through monitoring slow moving items and finding new opportunities in different countries• Continuously improves Finance function processes, Ex new invoicing process, and Inventory tracking system, achieved IBT improvement of 200 bps through cost control initiatives, re-engineered bonus / over time policies and localization for new products• Analyses profitability of new business opportunities, reviews contracts, Tendering terms, evaluates risk versus reward • Designs and delivers financial training for 100 field engineers and managers

• Led Operations controls on multiple projects including conventional / unconventional wells and offshore fracturing.• Fully accountable for overall segment financial management and profitability• Prepared integrated mega tender incorporating 8 Schlumberger product lines with value of $1.5B• Achieved IBT improvement of 132 bps through cost initiatives ex like localization, product versioning and people and assets utilization • Maximized free cash flow by working capital component to maximize cash, reduced DSO by more than 38 days• Drove full compliance with internal policies, code of ethics and GAAP• Produced periodic financial reports including annual budgeting, rolling forecast, profit and loss statement• Conducted financial training for field engineers and managers

Bahrain

Led Operations Controls on the +$90m high profile contract to drill the 1st integrated offshore well in Bahrain, which was announced as a big discovery and included 7 Schlumberger product lines• Established BAPCO Project Team including PMO and Finance function, defined all project processes, policies and procedures• Managed all Project Finance, accountable for project profitability and economic evaluation• Performed variance analysis of project performance against forecast benchmark and identified actions to improve project profitability through back to back contracts, 3rd party management and Non-productive time optimization • Produced financial reports including annual budgeting, rolling forecast, profit and loss statement

• Led financial analysis on $530m Enterprise transformation program, which was a vision of becoming the best-run company in the world• Participated in over 35 initiatives including Technology Lifecycle Management, asset and people utilization, supplier management, receivables management, delivered sustainable annual savings of $62m

• Responsible for overall financial management and profitability at one of Schlumberger’s five key global Drilling Bits manufacturing centers with responsibility for the Middle East and central Asia • Established and designed the manufacturing center project financial processes and Absorption costing • Cut repair cost by 2% through cost optimization