Shubair Jaffery

Controller at Chiyoda International Corporation
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Contact Information
us****@****om
(386) 825-5501

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Experience

    • United States
    • Construction
    • 100 - 200 Employee
    • Controller
      • Oct 2019 - Present

      Houston, Texas Area

    • Assistant Controller
      • Aug 2018 - Oct 2019

      Houston, Texas Area • Reduced time for monthly closing by an average of five days and quarterly international reporting by four weeks, by implementing automated reports and consolidating and eliminating inefficient processes • Prepare and review financial statements and year-end reporting packages • Manage the accounting department and all related functions • Continue to further improve accounting procedures and systems, with a focus on increasing efficiency and accuracy of all reporting and processes… Show more • Reduced time for monthly closing by an average of five days and quarterly international reporting by four weeks, by implementing automated reports and consolidating and eliminating inefficient processes • Prepare and review financial statements and year-end reporting packages • Manage the accounting department and all related functions • Continue to further improve accounting procedures and systems, with a focus on increasing efficiency and accuracy of all reporting and processes • Coordinate and assist with the annual and quarterly budget process • Serve as a liaison to external auditors and coordinate all internal and external audits

    • Finance Manager
      • Mar 2017 - Jul 2018

      Houston, Texas Area • Successfully implemented new ERP system (Microsoft Dynamics) as project manager • Established and further improved the managerial accounting systems and procedures • Managed finance and accounting matters and periodic operations, such as account closing, cash flow management, and funding • Reviewed and assisted in developing and monitoring annual budgets • Prepared and developed appropriate policies, rules and procedures for finance and accounting • Prepared financial reports… Show more • Successfully implemented new ERP system (Microsoft Dynamics) as project manager • Established and further improved the managerial accounting systems and procedures • Managed finance and accounting matters and periodic operations, such as account closing, cash flow management, and funding • Reviewed and assisted in developing and monitoring annual budgets • Prepared and developed appropriate policies, rules and procedures for finance and accounting • Prepared financial reports for executive management, ensuring clarity of business performance, KPIs, reporting and performance analysis • Identified and implemented process improvements and development plans for direct reports

    • United Kingdom
    • Oil and Gas
    • 700 & Above Employee
    • Advisor – Finance & Administration
      • Nov 2016 - Mar 2017

      Houston, Texas Area • Develop and implement improvements on company-wide Accounting, HR, and Operational activities • Prepare tender bids company-wide through coordination with Marketing, Strategic Development, and field offices • Analyze financial provisions in drilling contracts and contract amendments, coordinate cost adjustment calculations and serve as main Marketing contact in contract preparation • Coordinate intermediary vendor approvals and annual reviews

    • Supervisor – Corporate Accounting
      • Mar 2016 - Nov 2016

      Houston, Texas Area • Perform and lead direct reports in accounting close and reporting functions • Retooled existing processes that greatly reduced preparation time, allowed for additional analysis, and provided more effective management reports • Reviewing additional accounting procedures across multiple departments to identify and implement process improvements and enhance reporting accuracy • Prepare and manage budgets, forecasting, and cost control activities for G&A and Office departments. •… Show more • Perform and lead direct reports in accounting close and reporting functions • Retooled existing processes that greatly reduced preparation time, allowed for additional analysis, and provided more effective management reports • Reviewing additional accounting procedures across multiple departments to identify and implement process improvements and enhance reporting accuracy • Prepare and manage budgets, forecasting, and cost control activities for G&A and Office departments. • Support upper management with ad hoc reports, analysis, and projects

    • Supervisor – Project & Technical Finance
      • Feb 2013 - Feb 2016

      Houston, Texas Area • Saved a minimum of 80 project team hours per month by creating and managing an efficient standardized project reporting, cost accounting, and risk analysis tool/report • Created and implemented standardized project WBS planning form for Capital Projects, which provides automation and greater accuracy of project scope and cost development • Implemented new stringent policies and procedures and ensured zero audit findings through pre-audit checks on new build and upgrade projects •… Show more • Saved a minimum of 80 project team hours per month by creating and managing an efficient standardized project reporting, cost accounting, and risk analysis tool/report • Created and implemented standardized project WBS planning form for Capital Projects, which provides automation and greater accuracy of project scope and cost development • Implemented new stringent policies and procedures and ensured zero audit findings through pre-audit checks on new build and upgrade projects • Analyze, forecast, and report on multiple rig construction projects valued at $4.5B+ • Managed up to five direct reports and trained project accounting team to ensure all shipyard projects are executed effectively and in line with local and US regulatory requirements and company policies

    • Sr. Accountant Operations
      • Oct 2011 - Feb 2013

      • Supported Europe, Asia Pacific, and Middle East/Africa Divisions • Finance lead on developing new purchase order review and analysis procedures, as well as mitigating any current issues • Collaborated with multiple departments to create ad hoc reports and procedures

    • United States
    • Oil and Gas
    • 700 & Above Employee
    • Operations Accountant
      • Oct 2007 - Jul 2011

      Sugar Land, TX • Led financial and business related projects and worked with other departments and offshore operations crew in resolving special issues and prepared corresponding analyses and reports • Collaborated with SAP team to develop, test, correct, and implement new reports for financial reporting, supply chain management, and offshore operations group • Trained division team members and managed their progress during the accounting close • Analyzed balance sheet and recovered over $10M in… Show more • Led financial and business related projects and worked with other departments and offshore operations crew in resolving special issues and prepared corresponding analyses and reports • Collaborated with SAP team to develop, test, correct, and implement new reports for financial reporting, supply chain management, and offshore operations group • Trained division team members and managed their progress during the accounting close • Analyzed balance sheet and recovered over $10M in misappropriated revenue and expenses • Created and maintained new processes to ensure accuracy and efficiency of divisional accounting practices for monthly close and reports; resulting in a two day reduction in the time required to close the monthly/quarterly books

    • Internal Audit
      • Oct 2006 - Oct 2007

      • Conducted internal audits of all divisions and departments to assess effectiveness of all critical controls (e.g. SAP/IT controls) • Led new-build project audits of semisubmersible and jackup rigs, both local and international, to test for project’s adherence to projected budgets and timelines, along with the effectiveness of construction safety and operations procedures • Devised and lead multiple international Continuous Improvement initiatives and presented results to executive… Show more • Conducted internal audits of all divisions and departments to assess effectiveness of all critical controls (e.g. SAP/IT controls) • Led new-build project audits of semisubmersible and jackup rigs, both local and international, to test for project’s adherence to projected budgets and timelines, along with the effectiveness of construction safety and operations procedures • Devised and lead multiple international Continuous Improvement initiatives and presented results to executive leadership • Charged with reviewing all company SOX critical controls for effectiveness, and presented findings to upper management

    • Accounting Associate
      • Feb 2006 - Oct 2006

      SMS, Subject Matter Specialist, for companywide SAP implementation. Responsibilities included process recommendations, coordinating and collecting data and business requirements with international Division Controllers, and reviewing and approving new SAP accounting business modules.

Education

  • Baylor University
    BBA, Finance/Managment
    2000 - 2005

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