Michael DeAmbrosis
Head of Finance, Consumer | CFO Powershop at Shell Energy Australia- Claim this Profile
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Bio
Experience
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Shell Energy Australia
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Australia
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Utilities
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300 - 400 Employee
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Head of Finance, Consumer | CFO Powershop
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Jul 2022 - Present
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Arrow Energy
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Australia
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Oil and Gas
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500 - 600 Employee
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Business Finance Manager (Shell Secondee)
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Jan 2020 - Jul 2022
Business Finance Manager across the Arrow business. Lead a team of finance managers covering internal and external business and commercial finance activities, including two joint ventures in the Surat and Bowen basins (Arrow is the Operator of both).Member of Finance Leadership Team and COO Leadership Team.
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Finance and Commercial Finance Manager (Bowen Basin), Arrow Energy (Shell secondee)
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Jan 2017 - Jan 2020
Finance and Commercial Finance leadership of Arrow’s Northern Gas Business including ownership of P&L and Balance Sheet; business partner to Arrow’s General Manager Northern Gas Operations and General Manager Bowen Greenfield assets.Key member of Arrow’s Northern Gas Business leadership team, driving Brownfield and Greenfield strategy and delivery of agreed targets through the Arrow business and joint venture.Lead all Finance and Commercial Finance activities for Arrow Operated Moranbah Gas Project Joint Venture, including discussions externally with JV partner AGL, Finance Committee Meetings (FCM’s) and Operator Committee Meetings (OCM’s).
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Shell
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United Kingdom
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Oil and Gas
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700 & Above Employee
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Operations & Business Services and Prelude Logistics Finance Manager, Shell Australia (Upstream)
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Jan 2015 - Jan 2017
Finance leadership & support of Shell’s upstream operations in Australia; business partner to Shell Australia Upstream’s VP Operations Services.Led a team of seven employees domestically and internationally in the Finance and Logistics / Operations Services teams to deliver timely against business strategy and targets.Member of Operations Services and Logistics leadership team, responsible for ~USD 300Mln in Logistics contractual and discipline spend (Aviation, Marine, Supply Chain) to ensure optimized spend against delivery strategy.Contractual management and commercial finance support in formalizing medium term Logistics strategy for Shell Australia’s Prelude FLNG project, including negotiations of potential new airfield supply chain solution (~USD 100Mln) with Oil & Gas Operators and contractors.Led Finance coverage of Production, Planning & Scheduling, providing commercial finance support for operations readiness of Prelude FLNG, including leading discussions on commissioning LNG and propane cargo procurement, berthing and testing.
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Finance Manager, Shell Australia Lubricants Company (Downstream)
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Apr 2013 - Jan 2015
Finance leadership & support of Shell’s downstream lubricants operations (SALP) in Australia; business partner to SALP Managing Director.Member of SALP’s leadership team, ensuring smooth operations and alignment on business targets and strategy (Safe Operation, Reliable Production, Seamless Conversion, Engaged People) as operations converted into import terminal.Key resource for Lubricants business carve out and ultimate divestment as part of Shell Australia’s ~ USD 3Bln downstream operations to Vitol (deal completion August 2014), working with both internal (Legal, Tax, VP’s, Business Development, central deal team) and external (Vitol VP’s, legal firms) stakeholders.Worked with multiple stakeholders to ensure the SALP business was prepared for a successful cutover on sale completion to Vitol, requiring strong leadership and interpersonal communication skills.
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Prelude Floating LNG Finance Analyst (Upstream)
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May 2012 - Apr 2013
Key finance interface with Prelude FLNG EPCI contractors Technip and Samsung Heavy Industries in Paris, France. Led financial assessments & analysis for various FLNG contracts and sub-contracts; finance lead on FLNG Contracts Board with senior Shell management.Ensured accurate and timely financial analysis for the FLNG scope across all global locations and entities. Involved in developing the Control Framework for the Construction phase of the Prelude project in Korea.Significant stakeholder management, both internally and externally as required.
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Asset Economist (Upstream)
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Jan 2011 - May 2012
Responsible for deal and asset economics for projects within Shell’s Upstream portfolio in Australia.Specifically, lead economist on Shell’s Browse LNG and Evans Shoal LNG assets. Developed a strong understanding of the Upstream business by modeling / forecasting economics on major LNG projects and evaluating developments options (Greenfield onshore LNG, FLNG, backfill) with technical teams to ultimately select options with the highest economic / commercial potential.Regular interaction with senior Shell leaders (VP’s) in Browse Decision Review Boards (DRB’s) and Joint Venture partners including Woodside and Inpex.Lead economist on Shell’s Evans Shoal asset equity purchase (2011). Role involved significant interaction with multiple stakeholders, both internal and external (including JV partners Woodside, BHP, BP Inpex, and CNPC).
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Finance Analyst (Upstream)
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Aug 2009 - Jan 2011
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QIC
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Australia
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Financial Services
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700 & Above Employee
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Investment Analyst
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Jan 2008 - Jun 2009
Graduate program Graduate program
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Deloitte
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Business Consulting and Services
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700 & Above Employee
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Intern, Growth Solutions
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Nov 2006 - Jan 2007
Summer Internship Summer Internship
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Education
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CPA Australia
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The University of Queensland
Bachelor of Business and Bachelor of Commerce, Banking, Finance and Accounting -
St Joseph's College, Gregory Terrace