Curriculum Vitae Mushfig Piriyev e-mail: mushfig-piriyev@hotmail.com mob: +974 71 392 302 Key Competencies: - customer focused & result oriented - business acumen - planning & organizing - problems analysis and solving - communication; information sharing and tasks monitoring - team player; prudent and disciplined Possessing 25 years of: 1. Financial Management & Business Performance Advisory (Management Consulting - KPMG) 2. Financial Management & Business Performance Reporting in Oil & Gas – Exploration & Production / Upstream Business; JV environment and PSA regime; Upstream – Midstream - Terminal Operations - Functional Business Performance & Reporting Support across Azerbaijan – Georgia – Turkey - UK (Operations & Production: crude oil production – 935,000 boed; annual gas production - 12 bn. m3 in peak production phase; 6 production platforms + 1 manifold; 3 oil export pipelines & 1 gas export pipeline – delivering oil & gas to regional and European markets; world-class terminal & processing facility). All supported by 5,500 corporate staff and contractors. 2009 – Present / Senior Consultant – Director (KPMG, Advisory / Management Consulting) I am responsible for improving of finance and performance management systems of the clients’ organizations (Oil & Gas; Oil & Gas Services; Engineering & Infrastructure; Power & Utilities; Manufacturing & Production): - review; diagnosis; setting-up and/or re-establishment of core finance processes; procedures; policies & systems - business decision support (budgeting/planning/forecasting/reporting/cost allocation and analysis) Notable / Selective Clients & Projects Covered (Clients’ names are not disclosed as part of business etiquette) 1. Integrated Energy Engineering & Supply Services (Integrated Services; EPC; PSCM & Drilling. Staff: 1,230 supporting international and local energy onshore & offshore projects) – Qatar The objective of the project was to: develop and implement cost management & cost control tools (SAP based) to ensure accurate and adequate projects’ and service lines’ cost management & profitability monitoring are in place. Rolled-out project and service line cost tracking tools (for analysis of: schedules and costing trends). Implemented provision of planning/scheduling and cost estimation support for proposals and interface management. Facilitated communication amongst project managers and discipline leads. Status: Completed. Project duration: 8 months. Team: 5 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 2. National Oil Company (10th largest in the world: Onshore & Offshore Operations; Drilling; Processing & Refining; LNG; Fertilizers; Polymers production; Marketing & Distribution. Crude Oil Production: 2.5 mbed of; Annual Gas Production: 11 bn M3; 16 subsidiaries) - UAE The objective of the project was to: design – establish – implement Shared Services (SS) organization (business support functions e.g. HR; HSSE; Logistics & Infrastructure; Finance; Office Services; Central Engineering; General Management etc. - $400M/Year) cost reporting & management and MIS reporting in SAP. The process was implemented and fed to the company-wide Financial / Performance Management Reporting & Business Planning Process & Cycle. SS Allocation Model was implemented and rolled-out (8% saving in Opex). Status: Completed. Project duration: 9 months. Team: 5 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 3. Transportation Hub / Unit (estimated spend ca. $10 bn) - UAE The objective of the project was to: review & re-establish business process relating to: performance reporting & management information. Adequate reporting tools & techniques were tested / assessed / implemented as part of Annual Business Planning & Monthly Management Information Reporting Cycle in Oracle (7 finance & business analytics staff eliminated / saved). Status: Completed. Project duration: 8 months. Team: 7 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 4. Regional Municipality (estimated spend ca. $2 bn for 2010 – 2020) – UAE The objective of the project was to: review; analyze and test Infrastructure & Construction projects’ related project & program management costs and performance tracking tools for matter of: correctness; accuracy and adequacy of accounting records and finance data. Core Accounting/Finance/Cost Reporting processes and tools were designed from the scratch and implemented. Status: Completed. Project duration: 12 months. Team: 9 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 5. Offshore Joint Venture Energy Company (Crude oil production: 275K boed) - Qatar The objective of the project was to: oversee consolidation of business planning (budgeting; forecasting & re-forecasting; cost run-rate analysis for both: corporate functions and operations) reporting and monitoring for Management’s awareness. Managed all accounting processes ensuring: integrity; accuracy and adequacy of all: accounting; finance and business data recorded and reported (Month/Quarter/Year–ends). Performed annual audit process support including liaison with external auditors. Status: Completed. Project duration: 8 months. Team: 5 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 6. GTL (Gas-To-Liquids) Company: synthetic fuel plant based in industrial area converting natural gas and producing low sulphur, diesel, naptha and LPG. Processing capacity: 60K boepd – Qatar The objective of the project was to: design & implement corporate management reporting pack: revenue; cost (direct & in-direct); products’ cost base and profit margins; Performed a comprehensive working capital (cash; inventory; payables &receivables) analysis. The team established reporting tools to conduct performance and trends’ analysis for: revenues; costs; profit margins and cash components. Status: Completed. Project duration: 7 months. Team: 4 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 7. National Drilling Company (largest drilling company in the Middle East with: total fleet of 95 rigs; history of +7,200 drilled wells) – UAE The objective of the project was to: review; diagnose and re-establish core accounting & finance related processes (O2C; P2P; C2R and Plan2Perform – All SAP Based); Ensure correctness all accounting records and financial data in compliance with IFRS & IAS for matter of: business & management and stakeholders’ reporting purposes. Performed 3-annual external audit process support including liaison with external auditors. Status: Completed. Project duration: 7 months. Team: 4 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 8. LNG Operator (Liquefied Natural Gas Operating Company. Annual Production – 42 M.M.T. of LNG by 4 JVs. 7 processing & production trains. World class terminal; storage and processing facilities) – Qatar The objective of the project was to: design & implement cost allocation model for Terminal Operations (Support & Infrastructure; Storage and Processing Facilities). Assets with total value of $1.5Bn.; Annual Opex - $250M.. Annual WP&B; Business reporting and Management Information Pack was prepared and rolled-out. Status: Completed. Project duration: 7 months. Team: 5 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 9. Chemicals Processing Company (Annual average chemicals production capacity of: 3.8 M.T. of Ammonia and 5.6 M.T. of Urea. 11 production plants. 1,400 employees) - Qatar The objective of the project was to: prepare and roll-out Annual and 5-year business planning process (incl. forecasting; cost Margin Run-Rate Analysis) for the company and its subsidiaries. Company-wide annual business planning; Budgeting & Forecasting; Economic & Unit Cost Models and Financial Analysis were refined and presented to the: Management; BoDs and Shareholders. Status: Completed. Project duration: 8 months. Team: 4 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 10. Industrial Technologies Park (production, assembly, storage and sale of a broad range of civil and industrial products, construction materials and components; ca. 2,100 employees; market share - 45%) - Azerbaijan The objective of the project was to: develop finance organizational strategies by contributing adequate accounting; finance and business data; analysis and recommendations into the company’s long-term strategic plan & objectives. Functional objectives were established. Finance Operational strategies were rolled-out (by studying; economic trends; revenue cost optimization opportunities; systems improvements; staff-retraining; forecasting capital & cash resources and developing action plans). Status: Completed. Project duration: 10 months. Team: 4 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 11. Local Branch of International Engineering Procurement & Construction (EPC) Company – awarded 5-year service contract for Terminal & Pipeline Facilities for Global Energy Operator The objective of the project was to: oversee accounting & finance function to ensure proper maintenance and development of all relevant systems and processes relating to: Accounting; Finance; Cost Controlling and Performance Reporting. Implemented SAP change requests and recommended improvements for consideration. Managed preparation of management accounting and projects; cost analysis & controlling reports. Overseen cash-flow planning process. Supported Business Unit Leaders as true business partner in preparation of operational & financial business plans. Status: Completed. Project duration: 6 months. Team: 3 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 12. Petrochemicals Company (Annual Production Capacity of: Polypropylene: 184 K.T.; Polyethylene: 120 K.T.) – Azerbaijan The objective of the project was to: assess and validate periodical financial statements in accordance with IFRS and materially reflect business activities. Conducted regular financial analysis for business improvement opportunities. Overseen standard and ad-hoc analysis to support product lines business performance. Led comprehensive business planning (budgeting & forecasting) processes at the product line level. Assisted in CAPEX portfolio management and evaluation. Synthesized standard reports into monthly business performance and management information pack. Supported senior management as required in analyzing the business performance and making business decisions. Status: Completed. Project duration: 8 months. Team: 4 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 13. Terminal & Supply Base Company (Annual throughput – 15 M.T.; bridges – 13; Warehouse – 66,000 m2) – Azerbaijan The objective of the project was to: prepare annual budgets; long-term investment plans; business performance reviews and accountability reports. Coordinated: 5-year financial forecast projections including full income statement / balance sheet / statement of cash-flows and shareholders’ equity; prepared 3-year corporate business plan; detailed accounting assessment of each investment; managed quarterly OPEX tracking reports and portfolio’s financial statements review and analysis. Status: Completed. Project duration: 7 months. Team: 4 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 14. Oil Refinery (Annual Processing Capacity – 7.5 M.T.; Processes 21 out of 24 grades of crude oil; 15 petroleum products with 45% being exported) – Azerbaijan The objective of the project was to: collaborate with various internal and external parties in implementation of an effective Accounting & Finance Function; lead and oversee annual business planning process; develop and set consistent reporting and analytical frameworks covering key financial metrics and function specific requirements to drive and deliver meaningful business analysis and reporting; oversee the consolidated business reporting and presentation of financial performance. Status: Completed. Project duration: 6 months. Team: 5 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. 15. Branch of International Engineering & Industrial Services Organization - 540 staff located both: onshore & offshore rendering: maintenance; modifications & fabrication; scaffolding; coating & insulation services to energy projects – Azerbaijan (HQ’ed in Western Europe) The objective of the project was to: assist MD and Group Finance in development and implementation of: goals; policies & procedures and priorities relating to Accounting & Finance. Developed and Managed monthly and other periodical business and financial reporting (incl.executive reporting; P&L; business flash; cash flow projections and revenue forecasts). Preparation of a full-set of business planning and financial forecasts (based on operational data & anticipated projects). Status: Completed. Project duration: 5 months. Team: 3 consultants. Client feedback: Positive. Project completed and delivered on time and to the budget. - supervising consultants (coaching and influencing) during client assignments - participating in service line’s business development activities 2005 – 2009 Finance & Business Performance Advisor (BP E&P, Business Performance Reporting) - Azerbaijan As Finance & Business Performance Advisor I was supporting Business Support & Infrastructure Group with: financial management & business performance reporting. - regular reviews and analysis of business processes for Business Support & Infrastructure Group’s Activities (General Business Support; Infrastructure; Shared Supply Base and Marine Operations) for business planning and analysis purposes - periodical reviews of Business Support & Infrastructure Group’s Activities processes with the respective Business Owners for matter of adequacy efficiency - performing change management processes for Business Support & Infrastructure Group’s Activities - ensuring all financial management and reporting deadlines are met and financial records are maintained (in SAP) - provision of financial control of over operating and capital expenditures <$270M - business and operational demand studies for short and long term planning - preparation and ownership of analysis and reports for senior management including (VP Levels) - ownership and update management of corporate costs (overheads): schedule and allocation basis - analysis and update of fixed asset register (FAR) for Net Book Value (NBV) balances and ongoing additions - interaction with external auditors and resolving procedural and monetary issues - coaching and influencing team members - interaction with external (statutory) auditors Ernst & Young / EY - interaction with JV partners’ auditors (ExxonMobil, Total; Statoil; Shell; Chevron; SOCAR) Recognition Awards For: o in recognition of supporting Year End close process – Jan 2007 o in recognition of resolving partners’ audit claims (saving of $15M BP Net). Managed to network; communicate and visit global functional sites (Hong-Kong in 2005; Houston/USA in 2005 and KL/Malaysia in 2007) – Sep 2008 2000 – 2005 Cost Analyst - Management Accountant - Senior Management Accountant (BP E&P, Management Accounting) - Azerbaijan As Senior Management Accountant I was responsible for: Business Support & Infrastructure Management Accounting; preparation accurate and timely financial and management accounting reports for Business Support & Infrastructure Group - set-up and preparation of process flow charts for Business Support & Infrastructure Group’s Activities (General Business Support Activities; Infrastructure; Shared Supply Base and Marine) - ownership and control over allocation of >$120M shared costs (overheads) to Joint Ventures - shared services cost allocation model review, analysis and update - conducting cost analysis and management; budgeting and forecasting activities - maintaining financial and management accounting databases - provision of regular interface to understand functional cost analysis (drivers and variances) - preparation of financial management reports - cash flow forecasting for shared services operations - ensuring accurate and appropriate recording and analysis (P&L; Balance Sheet) in JD Edwards - interaction with external (statutory) auditors Ernst & Young / EY - interaction with JV partners’ auditors (ExxonMobil, Total; Statoil; Shell; Chevron; SOCAR) Recognition Awards For: o significant personal contribution to meet continual growing business demands – Aug 2002 o in recognition of hard work and commitment shown during year end activities – April 2003 o in recognition of dedication demonstrated during Direct JV Audit – Oct 2003 o in recognition of the efforts in resolving partners’ audit claims (saving of $300K BP Net) – Oct 2004 o in acknowledgement of achieving Recognized Status to the application (Business Controls Compliance Reporting) by the BP’s Group Control Team – Nov 2004 Education & Trainings: Chartered Institute Of Management Accountants / CIMA (UK), Advanced Diploma in Management Accounting (2006) Petroleum Economics (2005) State Economic University - Bachelor (1998); Master (with honors) (2000) – Economics Languages: Azerbaijani – fluent / native English - fluent Russian – fluent