Oscar MENDOZA
1271 Sopris Dr.
Tel. -
Houston, Texas 77077
E-mail.-
EMPLOYMENT
Ncondezi Coal & Energy
Senior Consultant / Associate Project Manager
•
•
•
•
January 2014-Present / London, UK & Mozambique
Formulated an overall strategy for successfully shifting the operations and focus of the company from a
Coal mine enterprise to a power generation and power distribution entity.
Worked with KPMG London office, Mining & Energy division, led by Ajay Saldanha, to finalize the
new corporate strategy for board approval and implementation.
Assisted with the development of the MD&A (Management Discussion & Analysis) reports for compliance
with London listing requirements given the new changes in corporate strategy.
Led the working committee responsible for the Coal Supply Agreement (CSA) between the mining
entity (Ncondezi Limitada) and the newly established Power Company (Ncondezi Energy).
•
Prepared the CSA as solid document that would pass all checkmarks with the banker’s due diligence as a 25 year offtake agreement with delivery schedules, change of ownership points, coal quality & specifications, financing
arrangements and legal clause alignment with the PPA, PCA, and the Insurance & Force Majeure clauses.
•
Co-Led the working group alongside Chris Schutte for the Operations & Maintenance (O&M) RFP as well as
the finalized O&M contract which included the scope of work and responsibilities for the O&M operator.
Worked on the Engineering Procurement & Construction (EPC) contracts and assisted with the selection process.
Prepared the Fuel Supply Agreement (FSA) and the Limestone Supply Agreement (LSA) for the
company’s management and made sure the documents would pass through due diligence reviews.
Represented the company in negotiations with the local government as well as the national government for
the various permits and licenses required to advance the project.
Led the Project Risk Evaluation & Management Team.
Built very good relationship with the Portuguese speaking government officials and was invited to
various government functions and conferences.
Participated alongside the Chairman and the CEO at the negotiation table for investment and a Joint Development
Agreement from one of the largest Energy Groups in China.
•
•
•
•
•
•
Prophecy Coal
April 2012-June 2013 / Ulaanbaatar, Mongolia
Country Manager & Executive Director
•
•
•
•
•
•
•
•
•
•
Improved the company’s financial operations and performance, turning the Mongolian operations into cash
flow positive for the first time in the company’s 5 year history in Mongolia
Responsible for cost effective and smooth running of the Company’s operations in Mongolia
Presented to board members an estimate of capital needed during the next fiscal year for the support and
implementation of various programs; recommended adjustments and verified budgets from all departments.
Researched and reported on credit issues concerning fund raising possibilities for various projects.
Assisted in the development of institutional revenue bonding proposals for facilities construction; a sinking
fund and helped close the Waterton $10 million USD Debt Instrument for Prophecy.
Followed the Production Management/ Maintenance Management Methodology and contributed to
the continuous improvement of that methodology.
Provided Vancouver Office with latest status communication, process checks and best practices.
Directed and managed the overall and day-to-day technical and production aspects of mining project.
Prepared multiple drafts of news releases for circulation to the board ahead of submission to the TSX
market, upon approval from a Qualified Person, as that term is defined under NI 43-101.
Collaborated with Ernst & Young for the annual audit of Prophecy Coal and assisted with the explanation
and review of the consolidated financial statements for all subsidiaries while reporting under GAAP.
Ulaan Ovoo & Chandgana Projects- Chief Logistic & Distribution Manager
•
Merged and Implemented Prophecy Coal’s vision and values along with Leighton Asia’s International Mining
Standards and Logistics Best Practices during the development and expansion of the principal mine pit.
•
Was directly responsible for a quarter to quarter production increase of +10%, with equipment Utilization
increasing +20% and fuel expenditure (and loss) decreasing 15% from previous quarter usage rates.
•
•
In charge of ensuring each stage of coal deliveries-- via rail, truck freight cargo, and mines site conveyor belt.
Responsible for the ongoing review of the logistics process, ensuring that it was advancing on time, within
budget and with appropriate quality standards.
•
Frequently visited the main customers, particularly Darkhan & Erdenet Power Plants, and Hutul and Erel cement
plants. These 4 companies accounted for roughly 70 % of sales of extracted coal from the Ulaan Ovoo mine.
•
Developed and fostered the key business relationships and identified the main needs of these
customers, increasing sales by more than 20 % over the course of the calendar year.
Addressed the issue of theft and loss with regards to coal and diesel. Identified the problem and implemented a
couple of very successful solutions. The results were very impressive.
Ensured the proper functioning of administrative procedures and logistics center office.
Responsible for the active management of subcontractors to ensure they are carried out in line with
contractual agreements, particularly subcontractors in charge of coal transportation and freight delivery.
Verify compliance with all controls and documentation required by law.
Monitoring of coal flow from the stockpile site to the point of delivery.
Control and optimize the coal purchase and sell cycle.
•
•
•
•
•
•
•
Procedures and practices were left in place in order for leaner & more efficient mineral extraction and logistic
opportunities to be realized whilst overall standards in Safety & Environmental compliance were optimized.
•
Supervised the Ground Works, Waste removal, Mine Pit Optimization, Camp layout design and
operation, Gradient Profiling, Passways, Drainage lanes, etc. for both the mine pit area and the mine site.
Liaison with Mongolian government ministries as well as liaison with any potential JV partners.
Established & managed the new operations office for Chandgana Coal in Mongolia.
•
•
•
Successfully converted an exploration license into a mining license and provided Vancouver with monthly
reporting as well as preparation of exploration budgets and reconciliation of expenditure against budget.
•
•
Supervised and reported to Vancouver on all technical input into exploration on possible JV licenses in Mongolia
Was directly responsible for all license applications and renewals as well as compilation of bi-annual and annual
license reports for the Ministry of Mineral Resources.
•
Reduced exploration and drilling costs by $350,000 in 2012, based on allocated budget estimates by creating an RFP
for the drilling contracts via bid submission (not customary in Mongolia, but effective in Latin America).
•
Studied drilling efficiencies & delays and hired Kravits Geological Services as responsible for mine
supervision and increased productivity by more than 50%.
Mongolia Asset Management
Chief Financial Officer
2011-Present/ Ulaanbaatar, Mongolia
•
Prepare and review Financial Statements for companies invested by the fund across various sectors, including
real estate development, financial services, logistics and transportation, mining, retail, mining supply, food &
beverage, educational assets, funds and fund management.
•
Conduct Quarterly presentations to Board of Directors in the Asset Advisory Group regarding all major finance,
investment and risk management decisions that the Fund has considered or is in the process of consideration.
•
Responsible for leading and organizing the financial reporting and responsibilities for all three global offices
for the Group; in London, Singapore, and Ulaanbaatar along with the Chief Investment Officer.
Directly responsible for the Fund and Advisory Group’s interim reports, annual accounts, quarterly and annual
report, along with the annual fund performance overview investment newsletter.
Prepare financial documents and reports for compliance with Bermuda Monetary Authority and the Monetary
Authority of Singapore (MAS) with IFRS and GAAP compliance accordingly.
Financial modeling of both public and private portfolio companies with expected revenue forecast and quarterly
budget scenarios.
Established new program for more efficient budgeting and accounting by utilizing INTACCT software
which allowed streamline reporting across three different countries.
Improved the financial forecasting for all companies within the portfolio by setting up monthly review of cash
flow and operating results and then establishing new key performance indicators with corresponding director
and personnel for accountability and responsibility.
Manage over a dozen portfolio companies – initiating and approving business plans along with the
Investment Decision Committee.
Reduced the operating expenses in several invested companies by having more focused operations being
handled simultaneously through the Singapore back office.
Financial and business reporting directly to DELOITTE, the auditors for Mongolia Frontier Fund, managed by
Mongolia Asset Management.
Work with APEX fund administrators for providing all financial documents, portfolio equity balances, FX
reserves and reconciliation, cash balances, & fixed income instruments with corresponding maturity and balances
in order to prepare monthly statements for fund investors in accordance to regulations.
•
•
•
•
•
•
•
•
•
Co-Founder and Managing Partner
•
•
•
•
•
•
•
•
•
•
•
•
Assisted with the development of the first Hedge Fund and mixed asset fund with a pure focus in Mongolia.
Maintain investment thesis on various investment opportunities across various sectors.
Participate in investment decisions; maintain asset models, and valuations at the fund level.
Deal sourcing and idea generation.
Sat and currently sitting on the board of various public and private companies.
Responsible for the development, marketing, sales and implementation of unique investment products
for marketing purposes across the Asian and Former Soviet Bloc region as well as sourcing new
investment opportunities regionally.
Directly responsible for developing and implementing corporate governance policies and procedures for
companies and projects within the Portfolio.
Responsible for supervising regulatory reporting responsibilities.
Assist with established management teams for strategic turnarounds and expansion plans.
Conduct due diligence and site visits on numerous projects and investment opportunities within Mongolia.
Participate in business development and marketing for invested companies resulting in joint ventures, increased
revenue numbers and better company visibility and recognition.
Member of the Investment Decision Committee responsible for approval in fund capital disbursement
for investment projects under consideration.
Frontier Securities
Chief Operating Officer- Head of Research and Origination
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Assisted with the development of a Proprietary Investment Fund focused on Mongolian Equity Markets.
Created and updated policies and procedures manuals. IFRS, FRC Mongolia compliance, Privacy &
Confidentiality, and employee manuals for Frontier Securities, which was practically non-existent or obsolete.
Created Analyst Reports for Mongolian companies, particularly in the Mining Sector and Industrial Sector.
Worked in conjunction with the Trade and Development Bank for a $50 million USD Credit Linked Note.
Received exclusive mandate to perform several equity private placements within the Mongolian Stock Exchange
and Toronto Stock Exchange.
Advised various companies across different sectors and development stages on debt and equity financing to
optimize capital structure.
Provided two Canadian junior mining firms with consulting services regarding compliance with Financial
Regulatory Commission of Mongolia (FRC) in order to synergize the companies home compliance
requirements with Investment Industry Regulatory Organization of Canada (IIROC) and Financial Industry
Regulatory Authority (FINRA).
Successfully placed several follow on offerings with green-shoe clause and helped maintain stability price levels.
Presented consultancy services on credit issues, such as Commercial Properties Loan, to the client from small
and medium-sized companies
Provided mining companies with credit recommendations, credit reports, and financial stability findings.
Directly responsible for the launch of new investment banking products and initiatives including private equity
placements, pre-IPO allocation and valuation, company credit risk profiles, and various advisory services..
Worked closely with private equity funds, mining funds, financial services, food & beverage companies,
and supply chain firms as well as construction assets.
Actively raised funds for various Greenfield and Brownfield projects.
Led M&A initiatives, portfolio sales and company/asset divestitures.
Co-Lead the Shenhua acquisition of a majority stake in Mongol Metal Mining’s iron ore deposit in the Northern
Region of Mongolia.
Morgan Stanley
Senior Equity Analyst—Metals and Mining, Steel, Coal & Iron Ore
•
•
•
•
-/ Ulaanbaatar, Mongolia
2010/ Tokyo, Japan
Covered a wide range of global mining equities, from junior coal and iron ore companies to diversified
global miners and steel producers.
Visited multiple mine sites through South East Asia and Asia Pacific, including, but not limited to Indonesia,
Mongolia, Thailand, Myanmar, and Cambodia; to conduct extensive valuation work for various mining
projects on behalf of institutional investors.
Contributed to the commodity price forecast within the MS team database and provided values were within the
125% price range within 12 months. Received several accolades and commendations for commodity forecasting.
Was included in the Latin American Mining Record for the price forecast on Brazilian Iron-Ore headed to Asia,
specifically to China and Japan.
Boston Consulting Group
Summer Internship
•
•
•
2009/ Tokyo, Japan
Worked with the Post Merger Integration Team on categorizing the potential landscape of revenue and cost
opportunities for Culture Convenience Club, the parent company of TSUTAYA, upon their JPY 18 billion ($200
million USD) acquisition for a 20% equity stake of Kakaku.com.
Assisted with identifying adequate sources of value for the acquisition and understanding the best
synergistic approach for attaining the most appropriate corporate culture.
Presented the strategic tactic of having Culture Convenience Club assist Kakaku with reaching the entire potential
market for their services by utilizing CCC’s large-scale sales force and vast brick-and-mortar TSUTAYA locales to
accelerate Kakaku’s sales while simultaneously increasing Kakaku’s brand awareness and value.
EDUCATION
International University of Japan
2008 - 2010/ Niigata, Japan MBA
in International Management
The IUJ Business School is consistently ranked as the top University in Japan, within the top 5 MBA programs in
Asia, and among the top schools in the world by leading business and education publications including CNN & The
Economist. http://en.wikipedia.org/wiki/International_University_of_Japan
•
•
•
•
•
Graduated Salutatorian (cumulative 3.93 GPA) with 4 concentration areas (first in school history). Finance and
Accounting concentration focused on IFRS/GAAP accounting and J-SOX compliance.
Elected President of the Graduate School for International Management Council (Student Body)
Created the “Investment Club” in IUJ with the goal of simulating and understanding equity, derivative,
futures, options, and Forex trading.
Was selected by University Professors as one of 3 students to compete in the National University of
Singapore Stock Pitch Competition where the top 10 MBA Programs in Asia compete.
Received a full scholarship from the Inter-American Development Bank (IADB) for the duration of the 2
year MBA Program. This scholarship is sometimes compared to a Fulbright Scholarship in the US or a
Rhodes Scholarship in the Commonwealth.
University of North Texas
1999 - 2003 / Texas, USA
B.A.
•
International Studies Major with emphasis on Economic Development in Emerging Markets and
International Finance (Graduated with Honors with a 3.95 Major GPA)
•
Vice President of the Hispanic Business Student Association (UNT Chapter)
•
Member of the Accounting Club
•
Facilitated the creation of the Student Investment Group, secured a $250,000 matching contribution
as Principal investment amount; competed at the Redefining Investment Strategy Education (RISE)
COMPUTER & TECHNICAL SKILLS
Forex Funnel, ACCENT, MINEX, SPSS, Barra, Datastream, Bloomberg, Oracle, Basic VBA, PMI-PMP, SIX
SIGMA Green Belt, Crystal Ball, Monte Carlo, STATA, SAP, SQL, MS Office,
LANGUAGE SKILLS
Spanish
Native Language
English
Near Native
Japanese Elementary
INTERESTS & FACTS
•
Scored 730 on the GMAT Exam.
•
Active equity and security trader online in the NYSE, NASDAQ, AMEX, TSX, TSX-Ventures, Tokyo Stock
Exchange, and the Bolsa Mexicana de Valores (Mexico) as personal investment management.
•
Official Member of MENSA (scored 99 percentile on Standardized I.Q. Test).
