Xavier BEAUMONT

Head of Finance of CFB Dpt at Compagnie des Bauxites de Guinee (CBG)
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Contact Information
us****@****om
(386) 825-5501
Location
GN
Languages
  • Français Native or bilingual proficiency
  • Anglais Full professional proficiency
  • Espagnol Limited working proficiency

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Barra Christian

"To whom it may concern : I met the first time Xavier in 2019 within our location at Kamsar in the Republic of Guinea and where we worked together at Compagnie des Bauxites de Guinée (CBG) during 4 years. As Head of Finance of the Compagnie des Bauxites CFB Department (Chemin de Fer the Boké), where Xavier is today still responsible for the management (production & Improvement) of Financial data’s and it’s reporting towards our business partners CBG, GAC, COBAD and this in the framework of our established Multi-User and Traction Contracts. Xavier also supported the Compliance organization for which I was responsible for as Compliance Superintendent by contributing in company’s internal Investigations and providing all necessary information’s & data’s in an efficient way, helping us to solve threats in the field of Corruption, Conflict of Interest, Insider trading etc. His capacities to handle and to understand the relations between the financial, contractual & legal and environmental aspects impacting our business, especially for turnkey projects , he always supported the team to prevent the potential financial risk bringing added value and profitability enhancement. Rigorous ,leader, compliant and process minded , Xavier is a professional Finance Manager considering our business Partner’s satisfaction as a key for long term business development. Xavier is also an enthusiastic, respectful and friendly person and especially towards local peoples, always ready to help in any circumstance. Based on my working experience with Xavier, I do not hesitate to recommend him to any companies having international business activities and looking for a strong and efficient senior Finance Manager." Christian Barra.

Bernard Dandoy

I have worked with Xavier for more than 3 years at the Compagnie des Bauxites de Guinée. Xavier is a highly qualified professional person: in addition to his hard skills in accounting & finance, he's constantly focused on the needs of its internal and external "clients" and is always mindful of the benefits for the company. He's definitely a precious asset. Also, Xavier is an easy-going person and it's always a pleasure to have a chat with him.

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Credentials

  • Trace Anti-Bribery Compliance Solutions
    TRACE International, Inc.
    Nov, 2021
    - Nov, 2024

Experience

  • Compagnie des Bauxites de Guinee (CBG)
    • Guinea
    • Mining
    • 200 - 300 Employee
    • Head of Finance of CFB Dpt
      • Jul 2019 - Present

      Key points: • Very exciting challenge to be part of the 1B$ railway extension to double the bauxite transport capacity and to include 2 mining companies (Russian and Emirati) as new customers. • In charge of $55 million of OPEX and $268 million of CAPEX of the multi-user rail extension project, for the largest African producer of bauxite ore, within a joint venture between Rio Tinto, Alcoa, Dadco and the Guinean government. - in 2022, responsible for a new CAPEX project for the rehabilitation of the railway line for $154M in 2 years. Missions: • Management of multi-user contracts and chargeback of operational and project costs. • Responsible for finance and administration of the project and operations, training of the accounting team. • Coordinate and execute all the financial activities, including accounting, taxation, budgeting, management control, forecasting, • KPI reports, financial analysis, cash flow plan and trust bank account management. • In charge of loan contracts and reports to lenders (including IFC, BNPParibas, Société Générale, ING and Natixis) to support the financing of the railway extension project. Main Achievements: • Implementation of a new cost accounting system of the railway department (direct costs), including the distribution of CBG's indirect costs validated by the 2 new users. • As a result of this new analytical system, the chargeback of the share of transactions to the 2 new customers went from $7.9M (2019) to $24.5M (2021), $26M forecast for 2022. • Implementation of OPEX / CAPEX financial reporting to Lenders and CBG management. • A $154M loan from a group of Banks led by the World Bank was granted in November 2020 with all special financial conditions completed. • Autonomy implementation of the railway accounting to meet the requirements of the multi-user contract with recruitment and training of the accounting team.

  • no company
    • France, UK, Swiss
    • Sabbatical Leave
      • Dec 2017 - Jun 2019

      I took a sabbatical year and a half after 17 years in the same company in order to travel, self-study in economics and administrative politics, personal development and communication techniques. I took a sabbatical year and a half after 17 years in the same company in order to travel, self-study in economics and administrative politics, personal development and communication techniques.

  • SBM Offshore
    • Netherlands
    • Oil and Gas
    • 700 & Above Employee
    • Finance Admin Manager of 2 SBM Joint venture operations
      • Nov 2012 - Nov 2017

      Offshore oil production siteOperations and leasing of the 2 FPSO (Floating Producing Storage and Offloading Unit) ASENG & SERPENTINA for our customers ExxonMobil and Noble Energy.Missions:• Responsible for finance and administration of a joint venture between SBM and GEPETROL (National Petroleum Company of Equatorial Guinea), and of a 100% SBM branch.• Coordinate and carry out the main financial activities: accounting, taxation, treasury, payroll, annual budgets, key performance indicators, cost control. • Design and implementation of financial and administrative procedures for local subsidiaries.• Ensure compliance of companies' operations with group policies, country regulations and partner requirements, compliance with the FCPA (US Anti-Bribery Act).• Liaise with local authorities, partners and clients in financial and tax matters (Board of Directors and General Assembly). • Manage, train and strengthen the local finance and accounting team in line with the relocation of tasks to the local office following the implementation of a new finance and accounting software. Manage / coordinate tax, internal and statutory audits of operations carried out in Equatorial Guinea.Main Achievements:• In charge of a single operation in JV from 2012 to 2016, 2 operations afterwards. • Responsible for a combined operating budget of $94 million, including a workforce of 250 offshore and 35 onshore. • A cumulative cost saving of $6.5M was achieved in 2016 on both operations. • Successful implementation of a new ERP in the subsidiary and staff training. • No dispute in the re-invoicing of operating costs to our customers thanks to the internal control procedure put in place.

    • Project Cost Controller
      • Nov 2010 - Oct 2012

      • Management controller of various projects such as Turrets integrated into tankers to anchor and pump oil from the seabed. Customers: Total, ENI, Chinese and Indian. • Administer all financial information related to project budgets, vendor payments, monthly analysis and reporting, account reconciliation and cash management.

    • Finances & Admin Manager African SBM Branch
      • May 2006 - Oct 2010

      Offshore production site Operation of the FPSO (Floating Producing Storage and Offloading Unit) SERPENTINA for our customer ExxonMobil.Missions:• Yearly Budget, Monthly KPI’s Reporting and variance analysis of the FPSO operations to SBM and ExxonMobil Management. • Accounting, payroll, managing corporate & employees’ local taxes filing & payment. • Cash management with the group and banks of the subsidiary • Ensure relations with suppliers, insurers, internal and external auditors and customs. • IT system management. • Legal registrations with the various ministries.Main Achievements:• Implementation of an effective internal control resulting in no chargeback dispute with the customer. • Due to the reimbursable cost contract, close business relations with the ExxonMobil customer that ensured a regular Cash Flow and budget negotiations beneficial to the company (Bonus based on financial performance).• No financial findings on ExxonMobil auditors report.

  • SBM Marine Nigeria Ltd
    • Cost manager African SBM Branch
      • May 2003 - May 2006

      Offshore production site Operation & leasing of the FPSO (Floating Producing Storage and Offloading Unit) FALCON for our customer ExxonMobil.Missions:• Annual budget, monthly reports of key performance indicators and analysis of deviations from FPSO operations to SBM and ExxonMobil management entities • Analytical breakdown of the shorebase costs between 3 different SBM operations to rebill the client.Main Achievements:• Implementation of an effective internal control resulting in no chargeback dispute with the customer • Constant relationship with ExxonMobil customer (MPN) due to the nature of the contract (refundable cost + Performance-based bonus)

    • Cost Controller for FPSO operations
      • May 2001 - May 2003

      • Management control of lease and operations of various FPSOs (Falcon, Nkossa 1 and Nkossa 2, FSO15, Unity, Kuito) for our chevron customers, ExxonMobil, Total. • Administer all financial information related to annual budgets, supplier payments, analysis of monthly reports, reconciliation of accounts and cash management.

Education

  • DESCF State Diploma
    DESCF (ACA Equivalent), Accounting and Finance
    1995 - 1996
  • Université de Nice-Sophia Antipolis
    DESS Génie développement Industriel, Business/Managerial Economics
    1994 - 1995
  • IAE Nice
    Maitrise des Sciences et Techniques Comptables et Financières, Accounting and Finance
    1992 - 1994

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