Rafael Paz Email & Phone Number

Corvallis, Or, Us

- Led strategic financial planning and analysis efforts, guiding informed decision-making through robust forecasting, budgeting, and financial modeling.- Oversaw comprehensive financial performance analysis, identifying key trends and opportunities to optimize profitability and operational efficiency.- Collaborated cross-functionally with executive leadership to develop and execute long-term financial strategies aligned with business objectives and market dynamics.- Managed a high-performing team of analysts, fostering a culture of excellence and delivering actionable insights to drive sustainable growth.- Spearheaded cost optimization initiatives, process changes, and transformations, driving operational efficiencies and maximizing bottom-line results.- Developed and executed cash flow liquidity strategies to optimize cash positions, enhancing the company's financial resilience.- Played a pivotal role in supporting strategies aimed at maximizing company value

Houston, Texas, Us

- Responsible for the entire financial, treasury, planning, and accounting operations of J Global Energy Group, including banking, treasury management, credit facilities, liquidity, financial reporting, budgeting, forecasting, accounting transactions, credit risk management, internal control, and tax compliance. -Implementing systems and controls to monitor and improve financial and treasury performance, developing financial plans; provide timely analysis of financial statements, and business processes automation. - Responsible to manage the relationship with the banks market; make sure that all risks related to the cash flow and treasury management are correctly assessed and managed to ensure the liquidity of the company. Lead the strategy to manage credit facilities, secured and unsecured credit lines, trade financing, loans, and cash investments options to support the J Global businesses including Midstream, logistic and transportation and oil commodities trading operations. - Coordinate the quarterly and yearly preparation of the financial package report. Ensure accuracy and compliance with IFRS and US GAAP and establish systems and controls. - Ensured financial and operational efficiency to maximize return on investment, EBITDA, and net income for the shareholders. Support peers and advise the CEO.

Caracas , Distrito Capital , Ve

Responsible for the business strategy, financial planning, and the long-range goals for Integrated EPC Energy Projects in South America (Engineering. Procurement, and Construction). Support the investment strategy, and assess acquisition and partnership opportunities. Make recommendations based on emerging trends, expansion opportunities, competitive threats, the viability of outside business partners, and internal business process improvement. Support Board of Directors and Management Team in strategic planning, financial analysis, and business decisions.Most Notable Achievements: Developed annual budget and long-term business plan which secured US$800M of financing for integrated EPC energy projects. Mapped financial, economic, and decision-making processes for projects valued at +$800M. Prepared project valuation identifying risks and analyzing key metrics such as EBITDA, DCF, NPV, IRR, and ROI to maximize value.

London, England, Gb

Oversaw the financial, planning, treasury, and accounting-related activities of energy projects in the region. Lead the development of financial and planning strategy, capital allocation, investment decisions, business plans, and budgets, as well as M&A aspects. Managed $4.5B in annual revenue, and ~$2.7M in annual operating and capital expenditures across the energy projects. Ensured capital raising strategies, financial controls, and operational efficiency to maximize the return on investment, NI, and collection of dividends for shareholders. Supported peers, advised executives, and reported to the CEO, and BoD. Recovered $1.3B in unpaid dividends for shareholders from 2008 to 2018. Agreed cash flow dividend reinvestment scheme. Consolidated over ~$300M of annual cost savings for oil and gas projects through a budget optimization campaign. Headed the preparation of the short-long-term strategic business plan to secure the financing for 5 Oil & Gas JV Projects. Supported the financial strategy to manage shutdowns and major TA for the two largest oil upgrader facilities, to improve heavy oil quality and refining products, with a capacity of ~130k barrels.  Directed the financial strategy and economic evaluation to expand JV’s portfolio via the acquisition of additional equity participation in an integrated JV oil project from 17% to 40% and the acquisition of two LNG greenfield projects. Redesigned the financial and treasury strategy to negotiate the commercialization of oil and refined product contracts from JV, increasing revenue by approximately $1.2 billion. Developed capital-raising strategies to finance 2 greenfield projects, two LNG projects and the expansion of two largest oil upgrader facilities, including equity and debt loans, dividend reinvestment schemes, and credit facilities for ~4.8M. Partnered with HR to build and establish key performance indicators (KPIs) for a multicultural team of 24 employees.

London, England, Gb

Headed the entire financial decision-making process related to corporate finance, strategic planning, business performance, reporting, and accounting activities of BP. Superintended the project team that successfully managed the migration and business transformation of the financial, accounting, planning, and commercial functions between BP and Rosneft post $55B acquisition in 2013. Supported peers and advised executives, and BoD. Promoted to CFO -Executive Director in 2013.Most Notable Achievements: Consolidated 30% of BP Joint Ventures' annual expenses via budget cost optimization campaign post-M&A and Integration. Led the preparation and approval of the BP Investment Memorandum and Business Plan for 10 years, which secured $600M annually in financing for three integrated energy projects in South America post-M&A Partnered with the Board of Directors and CEO to prepare the negotiation strategy for the payment of outstanding dividends. Recovered $100M in dividends from JVs owed to BP and delivered $50M+ free cash flow to headquarters. Assembled a team of 10 financial specialists to redesign, implement, and standardize financial & accounting processes.

London, England, Gb

Controlled the entire financial, accounting, and planning functions of BP Regional BU, which include budgeting and forecasting, financial modeling, internal controls, and reporting activities, totaling $1.0B annual revenue and $300M in expenses across BP’s Projects. Led the quarterly and yearly preparation of the financial package for BP Regional BU. Played a key role in the implementation of the SOX compliance process. Promoted to Director of Finance in 2012Most Notable Achievements: Increased cash flow by $130M through the declaration and collection of past dividends from 2008 to 2010. Collaborated with the external auditors to close financial and operational issues in order to have the approval of the Financial Statements by the Board of Directors. Executed Inventory Control and Audit process, reducing inventory loss by 33% annually versus the previous year through process standardization, training, and performance audit. Advised BP President and Board Members on the development of the business financial strategies for the preparation and execution of the annual and long-term plans. Secured an equity loan of $40M to repair critical infrastructure for BP’s projects which led to a 25% increase in revenues. Partnered with HR function to build and establish personnel development and succession plan for 16 employees in finance. Coordinated the execution of internal and external audits to review the execution of the construction, and maintenance contracts related to BP's development projects, achieving the recovery of US$650K for improper charges made to BP from contractors.

London, England, Gb

Coordinated all financial, accounting, and planning activities of BP Regional Business Unit in coordination with BP-USA headquarter. Key member of the team that successfully completed the migration and integration of the entire corporate functional business processes between BP Venezuela and BP Colombia to form “a Regional Busines Unit” post-M&A of BP assets. Mitigated financial risks/impacts and loss of value for BP post-M&A to the new business model. Named “HSE Champion” at BP Business Unit.Most Notable Achievements: Prepared excel-based financial forecast for $100M for three Joint Venture Oil & Gas Projects. Developed several business scenarios to identify and monitor key business drivers and risks. Coordinated JVs financial and performance reviews to evaluate KPI's Objectives. Coordinated quarterly performance reviews with the BP President and Management Team to identify risk and opportunities and maximize BP’s value.

London, England, Gb

Coordinated the Planning & Performance management activities of BP regional projects in Lati-America in coordination with the USA headquarter. Advised the negotiation to transfer BP equity share participation consequent to the migration of three Energy Projects from Operating Service Agreements (OSA) to Joint Ventures (JV). Mitigated financial risks/impacts and loss of value for BP during the migration to the new business model. Lead and developed a single economic and financial model to support the preparation of Investment Memorandums for three non-operated oil projects (JVs) with investment totaling $1B.Most Notable Achievements: Supervised cross-functional teams on budgeting for Production (58mboed), Capital ($160M), and Cost ($180M) of short and long-term plan preparation for BP Latin America Business Unit. Coordinated quarterly performance reviews with the CEO and Management Team to identify risk and opportunities. Supervised the preparation of the Long-Term Plan and Investment Program for BP as non-operator. Evaluated new projects for economic viability through excel modeling for NPV, IRR, and payback.

London, England, Gb

Ensured and coordinated the proper cash flow management of BP Regional Business Unit, in accordance with the policies and procedures for corporate headquarter to ensure the availability of resources and liquidity that cover the financial obligations of the company with suppliers, employees, and government entities as well as the delivery of relevant and reliable economic information for decision making.Most Notable Achievements: Supervised seven accountants, achieving a 97% reduction in response times in the different processes and outstanding treasury and accounts payable obligations with internal and external customers. Successfully coordinated the weekly management of cash flow, maintaining a balance of obligations and business needs, aligned with the policies and procedures required by BP Corporate Treasury in the USA. Created and implemented an accounts payable department in the BP headquarter offices in Venezuela, which allowed an optimal service to suppliers and internal and external customers. Lead a campaign to strengthen internal control procedures in the area of accounts payable and treasury, in order to prevent fraud and comply with policies and procedures of BP Corporate.

London, England, Gb

Responsible to coordinate the preparation of monthly and yearly financial statements of BP’s entities in Latin America. Guaranteed the recording and reporting of all accounting transactions on the financial system (SAP/IBM) in compliance with the International Standards Accounting Policies and BP’s Policies. Reporting procedures and internal controls premises including banking transactions, investments, accounts receivable, accounts payable, accruals, provisions, costs, revenues, and allocations in order to provide to the company a comprehensive and accurate financial information. Responsible for corporate consolidation. Managed the closing schedule and reporting process with the corporate headquarter in the USA. Ensured accuracy and compliance with IFRS and GAAP. Coordinate the preparation of the 20F Form according to SEC. Performed cost analysis and control systems to improve cost efficiency. Operating and capital expenditure analysis. Provided accounting and financial guidance to other departments. Budget preparation and consolidation.Most Notable Achievements: Drove significant improvement in the standardization of the accounting and reporting process.

Certificate In Negotation, Business

Strategic Planning & Financial Strategy - Master Program, Finance And Planning

Certificate In Hydrocarbon Industry Management, Energy Industry

Master’S Degree In Finance, Finance And Business Administration

Bachelor’S Degree In Economics, Economics And Finance