Affendy Osman

CURRICULUM VITAE Name Nationality Gender Age Height/Weight Address in Malaysia : : : : : : Affendy Bin Osman Malaysian Male 46 years 165 cm / 65 kg Bandar Baru Bangi, 43650 Bangi, Selangor, Malaysia Contact no. : Email correspondence: - (mobile phone in Malaysia)- Skills Fluent in speaking, writing and reading in English and Malay language. Fair in speaking, writing and reading in Russian language. : Hands-on experience in SAP FICO system (GL report extraction, CJI3 reporting, WBS/Network creation, Project code setup, Profit Centre/Cost Centre creation, CADO/ZCL reporting, PO extract, AP reporting). Familiar with IFRS standard (especially the latest IFRS16 on lease accounting) (Carigali Hess and Subsea7) Maximo system, I-Pay and JDE AS-400 system (Sapura Acergy and Malaysia Marine and Heavy Engineering) and MRP (Mitsubishi), BFC (Subsea7) Hands-on experience in Microsoft Office (MS Word, MS Excel and MS Power Point). Hobbies : Reading, traveling, sports and listening to music EDUCATION BACKGROUND: 1994 - 1997 : Bachelor of Art (Hons) in Accounting and Business University of Sunderland, England, United Kingdom WORKING EXPERIENCE Duration: June 2017 – Dec 2020 Senior Management Accountant (Project Management and multi-tasking as Cost Controller) Subsea7 Asia Pacific Sdn Bhd Work location - Kuala Lumpur, Malaysia. Job scope 1. Report directly to Finance Manager and Project Manager. 2. Prepare Regional Monthly Performance Report (MPR) and analyze project profitability status via project PMSR report and Cost Model report for Asia Pacific region. Provide variance explanation on changes of YTD Actual against previous month forecast and Budget. 3. Provide monthly forecast for Latest Thinking Forecast (LTF) for department Operating Cost and Overhead in Asia Pacific. Update in BFC system. 4. Review and analyze regional departmental Operating Cost and Overhead. Provide variance explanation between YTD Actual and previous month forecast and Budget for Asia Pacific, Australia and Middle East region. 5. Prepare Monthly Departmental Manpower Utilization report and Dashboard report for heads of Department for manhours recoverability analysis. 6. Prepare month end Accruals for manhours Missing timesheet. 7. Month end closing for inter-region and department cost allocation. 8. Perform cost control functions for Subsea7 Singapore Loyang Supply Base activities. Prepare invoicing to reimburse cost on Rental of equipment, Standard Load Out (SLO), Logistic Base rental (LBR) and HRF (Hyperbaric Rescue Facilities) to respective projects. 9. Perform project accounting and cost control functions for Subsea7 Australia CAPEX Bundle project in Australia and provide monthly Cost report to Project Manager. 10. Project Cost reporting for project studies activities performed in Asia Pacific region. Currently reporting for 5 studies. 11. Preparation and compilation Annual Budget for each department in Asia Pacific region. Provide key messages and assumptions for each budget packages gathered from each departmental head in Asia Pacific. Cost Allocation for inter region and inter department. 12. Calculate White Book Rate (WBR) for each personnel. Upload the rate in SAP. 13. Perform Long Term Cash Flow (LTCF) on monthly basis for Subsea7 UK office regional cash flow management. 14. SAP interface on revenue/cost journal posting, project WBS network setup in CJ20N environment, CADO and ZCL for manhours reporting, invoice coding in VIM, Cost Centre/Profit Centre creation and setup of tendering cost code in SAP. Familiar with other SAP project functions of CJI3, ZKE5Z, ME2J, FBL3N etc. 15. BFC system interface for departmental cost reporting and analysis. Duration: Sept 2013 – Feb 2017 Project Cost Controller Carigali Hess Operating Company Sdn Bhd (a Joint Venture Company between Petronas Carigali and Hess Inc) Work location - Kuala Lumpur, Malaysia. Project involvement Fabrication of Booster Compression project for brownfield FHUC project at Kemaman, Malaysia and greenfield project for EPCIC fabrication of topside, jacket & piles and bridge and the installation of Gas Turbine Compressor and Generator at Ulsan, South Korea (Main contractor – Hyundai Heavy Industry). The Booster Compression platform CKX is to be bridged linked to its existing facilities at Cakerawala Production CKP platform in Block A-18 of the Joint Development Area administered by Malaysia-Thailand Joint Authority (MTJA). Job scope 1. Report directly to Project Service Manager. 2. Prepare monthly Value of Work Done (VOWD) report and forecast expenditure report until project completion which to be presented to Project Service Manager and Project Manager on monthly basis. Highlight any unbudgeted expenditure and analyze variance expenditure against forecast. Also prepare monthly shareholder’s report. 3. Monitor Approved Contract Value (ACV) periodically for all Greenfield project (Milestone contracts) and Brownfield project (Lump sum and day rate contracts) approximately 50 nos. Initiate paperwork for Additional ACV request and liaise with Contract & Procurement counterpart to obtain approval from Company’s Management team and/or Shareholders. 4. Analyze variance report between Estimate at Completion (EAC) and approved Authorities for Expenditure (AFE) and Work Program and Budget (WP&B) to ensure efficient project cost control. 5. Develop Project Cost model and allocate cost to respective Work Breakdown Structure (WBS) based on EPCIC milestone and unit rate/time rate of specific contract ranging from FHUC, marine spread activities, personnel lodging, chopper utilization, FSE services at site, Source Inspection (SI) and General Inspection Service (GIS) contract. 6. Prepare project WP&B budget for new project business cycle for- based on projected EPCIC milestone and manpower plan for project. Represent Booster project for presentation to Company’s Management team during WP&B exercise. 7. Ongoing exercise on Project Cost Reduction activities. Liaise with Project Manager and Package Engineer. Managed to reduce approximately USD100M from approved AFE of USD795M for the past 3 years in the project. USD12M cost reduced for the completed Brownfield project in October 2014. 8. Prepare Project Cash flow report and Project S-Curve. 9. Initiate the 3 monthly Cash Call report to Finance Department. Coordinate with Project Manager and Company’s Management team in case for early payment/settlement to contractors. 10. Issue Purchase Requisition and Service Order to contractors in SAP. Support Finance department on SAP requirement such as to perform Service Entry and Service Acceptance for invoice payment. Dealing with Contract & Procurement personnel for Change Order proposal and administration. 11. Manage Account Payable and liaise with contractors to solve any issues relating to invoice deliverable. Educate contractors to comply with Company’s internal Policy & Procedure regarding invoicing, payment and taxes. So far have performed Contract closure for approximately 30 contracts for the completed Brownfield project. 12. Currently perform Contract Administration scope for the Greenfield EPCIC contract (Value USD417M) contracted with Hyundai Heavy Industries Co Ltd. Prepare correspondence letters to contractors pertaining to Project issues as and when required. 13. Involve in processing Change Order claim by contractors (Issue Instruction Form, verify Change Order Procedure, initiate Internal Line Approval for the Change Order). 14. Liaise with Project Planner/Scheduler on Level 4 project Schedule to ensure cost allocation is based on project progress. Liaise with Project Engineer, Package Engineer, Contract & Procurement Analyst and Contract Administrator for project progress during each package Milestone Completion achievement. 15. Interface with SAP system and I-Pay system on daily basis 16. Adhere and committed to HSE policies and procedure. Participate in internal HSE events such as 2016 1.5MM Manhours without LTI, HSE Fall Prevention campaign, UCUA campaign etc. Involved in preparation for HSE tokens to winners and personnel. 17. Appointed by project management to coordinate ad-hoc activities such as coordinating between contractors (training company and event venues), Human Resource Department and offshore personnel with regards to 9 separate events for offshore/onshore training between April 2015 to Oct 2015. Duration: Oct 2012- Sept 2013 Senior Project Cost Controller SapuraAcergy Sdn Bhd (a Joint Venture Company between Sapura Energy Bhd and Subsea 7 Ltd) Work location - Kuala Lumpur, Malaysia. Project involvement T&I projects involved is Gorgon, Australia for fabrication, transportation and installation and vessel operations to support for transportation and installation, heavylifting and pipelay of various projects such as Lando (Vietnam) and Protexa (Mexico). Job scope 1. Prepare Progress Monthly Status Report (PMSR) for Sapura 3000 vessel and Cargo Barge utilization and EPCC project and presented to CEO, Finance Director and Project Manager. 2. Report directly to Project Manager and Vessel Asset Manager. 3. Perform Variance Analysis report for expenditure with previous month and WP&B budget. 4. Develop Project Cost model for Gorgon Australia project. 5. Liaise with Project Planner, Project Engineer and Project Manager for project progress. 6. Verify Purchase Requisition and Request for Service and allocate into respective Cost Code and WBS code. 7. Manage Account Receivable and issuance of invoice to client 8. Manage Account Payable and liaise with vendors on payment issues. 9. Prepare project budget (WP&B) for the new financial year and Vessel’s White Book Rate for Sapura 3000 vessel and barge. 10. Monitor CAPEX budget. 11. Prepare Project Cash Flow Report. 12. Interface with SAP system and Maximo system. 13. Supervising 3 subordinates. Duration: May 2004 – Sept 2012 Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) (a wholly own subsidiary of MISC Bhd and part of Group of Petronas Malaysia) 1) Project Accountant (multi-tasking as Project Cost Controller) (from October 2011- Sept 2012) Work location - Kuala Lumpur, Malaysia. Project involvement Contract close out for the Engineering, Procurement, Construction, Installation and Commissioning - EPCIC contract for Block 1 Turkmenistan Gas Development. Job scope (Project Accountant) 1. Prepare monthly project financial result. Also performed monthly Revenue and cost analysis. 2. Reporting directly to Deputy Project Director. 3. Manage Account Receivable and a team for billing to client on a cost-plus basis (reimbursable project). 4. Prepare a weekly debtor’s ageing report and monitor debtor’s payment progress. 5. Manage Account Payable and monitor creditors ageing and payment process (more than 50 numbers of vendors). 6. 6.Manage withholding tax payment for non-PE subcontractors. Ensure Finance team in Turkmenistan transfer the fund to local tax department accordingly. 7. Liaise with external auditor for annual/interim audit. 8. Supervising 5 subordinates. 9. Interface with SAP system. Job scope (Project Cost Controller) 1. Project cost monitoring on Value of Work Done (VOWD) and future expense for main package of MCRA topside fabrication (subcontractor ILK Insaat) and drilling package (subcontractor Van Oord). 2. Reporting directly to Project Operation Manager. 3. Invoice verification and liaise with subcontractors and Package Engineers on any payment issues and Change Order administration. 4. Prepare forecasted man-hour cost, project cost incurred and cost committed and project cash flow. 5. Team members for contract closed out. 2) Project Accountant (multi-tasking as Project Cost Controller) MMHE and MMHE-Technip JV branch in Turkmenistan (from Sept 2005 - October 2011) Work location - International posting based in Ashgabat/Kiyanli, Turkmenistan. Project involvement Joint venture project between Malaysia Marine and Heavy Engineering Sdn. Bhd. (MMHE) and Technip Geoproduction (M) Sdn. Bhd. (TPGM) which commenced in 2004. The project is to jointly provide Engineering, Procurement, Construction, Installation and Commissioning EPCIC contract and the Front End Engineering Design – FEED contract to a client, Petronas Carigali in respect of Turkmenistan Block 1, Phase 1 Gas Full Field Development project at Kiyanly, Turkmenistan (offshore of Caspian Sea) and Kuala Lumpur, Malaysia consisting of fabrication of the Magtymguly MCRA and MDPA Platform, construction of Onshore Gas Terminal, Gas Condensate & MEG Offshore Pipelines, Onshore Gas Export Pipeline & Metering and Single Buoy Mooring System. Job scope (Project Accountant) 1) Reporting directly to Country Manager on corporate matters. 2) Prepare monthly Financial Report of the branches for its activities in Turkmenistan for submission to project office in Kuala Lumpur and head office in Pasir Gudang, Malaysia. Liaise with counterpart of joint venture at Technip Geoproduction Malaysia in Kuala Lumpur. 3) Liaise with operation department and subcontract department at site in Kiyanly on milestone payment progress and issues. 4) Manage operating fund of the branch for supporting project requirement for payment of its project expenses, taxes and administrative expenses. Prepare monthly operating fund report to Project Director. Fund float managed is approximately at USD2MM per month. 5) Manage monthly payroll system for locals and expatriates staff for salary and allowance which consist about 500 staff at project site office in Kiyanli, Turkmenistan. 6) Manage branch tax filing and payment of Profit Tax, Witholding Tax, Income Tax, Social Security and Municipal Tax as per requirement of Turkmenistan Tax Code. 7) Manage banking transactions of the branch in Ashgabat and Kiyanly. 8) Prepare yearly budget proposal to project management team. Prepare financial proposal to project management team in order to support project financial decision. 9) Prepare branch’s policy and procedures with regards to financial and administration matters. 10) Liaise with local external auditor (BDO) on annual branch tax audit. Liaise with local authority from local tax department on branch tax audit. 11) Coordinate and liaise with client’s project service team regarding invoicing issues. 12) Prepare reconciliation on account payable/receivable to support any issues arises with subcontractors or client. 13) Supervise a team of 8 local staff (Finance Executive/Assistant) in Finance Department who located in two locations in branch office in Ashgabat and site office in Kiyanly. 14) Support office administration, logistic, human resource and procurement matters. Well verse with the process of office administration, logistic, human resources and procurement in Turkmenistan. Job scope (Project Cost Controller) 1) Project cost monitoring on Value of Work Done (VOWD) and future expense for main package of MCRA topside fabrication (subcontractor ILK Insaat) and catering package (subcontractor Damaq and DHU). 2) Reporting directly to Project Operation Manager. 3) Invoice verification and liaise with subcontractors and Package Engineers on any payment issues and Change Order administration. 3) Internal Audit Executive (from May 2004 - Sept 2005) Work location - Pasir Gudang, Malaysia Job scope 1) Compliance financial audit on account receivable/payable, petty cash, accruals, banking transaction, treasury, inter company transactions etc based on company policy and procedures, Malaysia Accounting Standard Board, International Financial Reporting Standard etc. 2) Prepare audit report for review of Audit Manager. 3) Ad hoc audit/Special audit on internal employment affair as and when require by company’s management.