Ritheesh Valiya Veetil | Freelancer Resume

RITHEESH VALIYA VEETTIL FP&A, Controllership | SAP Deployment Lead | Tax | Auditing | Revenue | Treasury Management A technically astute and competent individual with over 20 years of prodigious experience in ﬁnancial planning & analysis, statutory compliance, IFRS/GAAP compliance, consolidation & ﬁnancial reporting, SAP deployment, and intercompany management across diverse industries and regions. Seeking career advancement with an esteemed organization to leverage my industry experience, strategic leadership, analytical skills, and a deep understanding of global ﬁnancial regulation to deliver strategic value, strengthen internal controls, and support long-term business sustainability. - - Malaysia linkedin.com/in/ritheesh-valiya-veetil-45532a16 SKILLS Financial Planning & Analysis Tax Planning and Reporting IFRS/GAAP Compliance Internal Auditing Intercompany Funding & Netting Consolidation & Financial Reporting Treasury Management Continuous Process Improvement Revenue Management ERP Deployment & Data Migration Management Accounting Team Leadership KEY STRENGTHS Industry Expertise: SAP Financial Systems & Deployment: Extensive experience supporting upstream oil & gas operations through centralized ﬁnance hubs, delivering scalable and standardized ﬁnancial services. In-depth knowledge of regional and country-speciﬁc compliance, tax, and statutory reporting requirements across Asia, Europe, Middle East, and Latin America. Expert in managing full-cycle SAP deployment, including data mapping, system integration, user training, and post-deployment support. Experience leading cross-border rollouts across multiple legal entities, ensuring ﬁscal, tax, and statutory ledger readiness. Adept at troubleshooting system migration issues and aligning project execution with business transformation goals. Taxation & Statutory Compliance: Intercompany & Receivables Management: Proﬁcient in managing corporate tax ﬁlings, VAT, WHT, CIT, and CBC reporting, ensuring compliance with regional and international tax laws. Expertise in liaising with statutory auditors and tax agents, facilitating tax audits, and preparing accurate ﬁnancial statements. Focus on identifying tax optimization opportunities while ensuring all regulatory obligations are met. Thorough understanding of intercompany transactions, including billing, reconciliation, and out-of-balance resolution in Oracle and SAP environments. Expertise in revenue recognition, invoicing, and client statement preparation for large-volume regions. Consistent track record in maintaining clean receivable ledgers and supporting onshore/oﬀshore collection processes. WORK EXPERIENCE SAP Deployment Lead Schlumberger Business Support Financial Hub 01/2022 - Present, Malaysia Global SAP Deployment Initiatives: Leading a high-performing team of 14 SAP deployment analysts to successfully manage and execute complex SAP implementations across multiple regions, ensuring seamless transitions for countries including Algeria, France, India, and Japan. Data Integrity and Validation Across Multiple Markets: Conducting comprehensive reviews and ensuring the accuracy of data migrated into SAP, overseeing the validation process across 27 legal entities, and guaranteeing alignment with ﬁscal, tax, and legal ledgers, signiﬁcantly reducing postdeployment issues. Scalable Data Validation Frameworks: Designing and rolling out standardized procedures for data validation, optimizing the SAP migration process, and enhancing data reliability, leading to faster deployment times and minimized errors in system integration. Stakeholder Communication and Risk Management: Acting as the primary liaison between internal Finance Hubs and cross-functional teams, proactively managing risks and addressing issues related to data migration, load, and validation, while ensuring that all stakeholders are aligned on timelines and requirements. SAP Cutover and Post-Deployment Activities: Managing critical pre-cutover planning and post-deployment support activities, including detailed scheduling, resource allocation, and training for smooth system go-lives, ensuring minimal disruption to business operations. Mentorship of SAP Deployment Talent: Providing mentorship and training to the deployment team, fostering a culture of continuous improvement, and ensuring that team members are equipped with the latest knowledge and skills to eﬀectively manage SAP migrations. High-Impact SAP Releases: Successfully coordinating and delivering major SAP releases, such as the X3, X5, and XBP2, by overseeing all deployment phases, from planning to execution, across multiple countries, ensuring all legal and compliance standards are met. Integration of SAP Solutions Across Diverse Regions: Overseeing the integration of SAP systems across various markets with complex legal and regulatory requirements, ensuring compliance with local tax laws, and enabling smooth operations across Eastern Hemisphere countries. Resource Utilization and Process Eﬃciency: Implementing streamlined project management practices, optimizing resource allocation, and reducing deployment timelines by eﬀectively balancing multiple tasks, training schedules, and risk management activities. SAP Deployment Framework Enhancement: Continuously reﬁning deployment strategies and frameworks to increase eﬃciency and reduce system downtime, setting a strong foundation for future SAP releases and establishing best practices for global deployment projects. Page 1 of 3 WORK EXPERIENCE Tax & Statutory Lead – Europe Atlantic (EUR) & Latin America Schlumberger Business Support Financial Hub 01/2018 - 12/2021, France, Austria, Spain, Morocco & Columbia Malaysia Tax Planning and Estimation: Prepared and reviewed tax projections and estimates to support accurate ﬁnancial forecasting and compliance with regional tax regulations. Indirect and Corporate Tax Compliance: Handled monthly indirect tax reporting including VAT and WHT, calculated annual Corporate Income Tax (CIT), and assisted in managing tax assessments in line with local statutory requirements. Financial Reporting and Provisioning: Prepared and reviewed monthly tax provisions for inclusion in ﬁnancial statements, ensuring compliance with IFRS and local GAAP for Europe Atlantic and Latin American entities. Statutory Accounts and Audit Coordination: Finalized statutory accounts and conducted detailed ﬁnancial analyses for review by Geo Units; liaised with statutory auditors and tax agents to complete audits and ﬁnalize tax returns eﬃciently. Tax Audit and Reporting Support: Reconciled and reviewed all tax general ledger accounts, prepared Country-by-Country (CBC) reports, and supported tax audits by compiling required schedules and documentation in compliance with Geo Market requirements. Team Leadership: Led a team of 7 analysts, providing strategic direction, mentoring, and performance oversight to ensure timely and accurate delivery of tax compliance and reporting tasks. Senior Financial Analyst Schlumberger Business Support Financial Hub 07/2014 - 12/2017, Indonesia, Thailand, Australia, Vietnam, Malaysia, Brunei, Myanmar | Business Segment: Drilling, Well Services, Wireline & Geo Services Malaysia Financial Analysis and Reporting: Analyzed and controlled investments (Capex, inventory, projects, and DSO); reviewed P&L and Balance Sheet; presented monthly cost and revenue analysis. Inventory and Fixed Assets Management: Oversaw inventory accounting and ﬁxed asset register maintenance; ensured accurate capitalization, depreciation, and physical veriﬁcation processes in compliance with ﬁnancial standards. Rolling Forecasting (ROFO) and Budgeting: Managed rolling forecasts and annual budgeting cycles; collaborated with cross-functional teams to align ﬁnancial plans with business objectives and drive cost eﬃciency. Strategic Planning and Internal Controls: Assisted with ﬁnancial planning, forecasting, and monitoring results; ensured implementation of ﬁnance practices; identiﬁed and suggested improvements for internal controls. Project Evaluation and Support: Developed ﬁnancial metrics and controls for projects; evaluated currency exposure; supported mentoring of accountants; assisted with audits, fraud investigations, and ad hoc projects. Inter Company Accountant – SMITH Schlumberger Business Support Financial Hub 01/2014 - 06/2014, China, Japan, Indonesia, Thailand, Australia, Vietnam, Malaysia, Brunei, Myanmar Malaysia Intercompany Transactions Management: Processed intercompany incoming and outgoing recharge requests, ensuring timely and accurate documentation across entities. Accounts Operations in Oracle ERP: Handled Accounts Receivable billing, Accounts Payable booking, payment processing, and cash allocation with precision in Oracle ERP. Reconciliation and Reporting: Performed reconciliation, conﬁrmation, consolidation, and reporting of Accounts Payable, ensuring intercompany balances were accurate and aligned. Out-of-Balance Monitoring: Prepared monthly Intercompany Out of Balance (OOB) reports and reconciled intercompany loan accounts, contributing to global ﬁnancial integrity. Senior Receivable Accountant – Saudi Arabia Schlumberger 01/2010 - 12/2013, Saudi Arabia, Bahrain & Neutral Zone | Business Segment: Well Services, Wireline, Testing & Drilling Dahran, Saudi Arabia Client Billing and Receivables Management: Executed end-to-end client invoicing, ﬁeld ticket validation for Aramco and BAPCO, and collection tracking. Prepared client statements with comments and managed segregation of receivables for streamlined reporting. Revenue Accounting and Reconciliation: Managed revenue recognition and reconciliation processes, ensuring accuracy in ﬁnancial reporting. Generated periodic revenue reports and maintained compliance with regional accounting standards. Senior Management Accountant – Saudi Arabia Al Mawarid Group of Companies 03/2004 - 12/2009, Riyadh, Saudi Arabia Financial Reporting and Analysis: Prepared monthly ﬁnancial reports, including balance sheet notes and comprehensive management reporting, ensuring accuracy and timeliness in alignment with corporate standards. Budgeting and Strategic Planning: Led annual budgeting cycles, including institute planning and capital budgeting processes, to support long-term ﬁnancial objectives and informed decision-making by senior management. Page 2 of 3 PROJECTS Project Title: SAP XBP2 Release Deployment | Company: Schlumberger Business Support Financial Hub, Malaysia (09/2023) Project Description: SAP rollout for France legal branches across Africa, South America, and Europe. Project Title: SAP X5 Release Deployment | Company: Schlumberger Business Support Financial Hub, Malaysia (03/2023) Project Description: SAP deployment across ﬁve countries focusing on legal, ﬁscal, and tax compliance. Project Title: SAP X3 Release Deployment | Company: Schlumberger Business Support Financial Hub, Malaysia Duration: (03/2022) Project Description: Deployment of SAP for 27 legal entities across ﬁscal, tax, and legal ledgers. ACHIEVEMENTS Recognized as WSV Quality Performer 2010 by Arabian Geo Market for outstanding service quality in revenue management across Saudi Arabia and Bahrain. Received the Bright Ideas Recognition Award in 2018 for creating an automated macro that streamlined the Intercompany Out-of-Balance (OOB) Reconciliation process. Honored with Excellence in Customer Service Award (2023) by South East Asia Geo Units for exceptional support during SAP Deployment Release. Received Special Recognition for Customer Service Excellence (2024) for key contributions to the successful XBP2 SAP Deployment Release. CERTIFICATIONS Certiﬁcation in Business Analysis & Process Management | McMaster University, Canada Certiﬁcation in Corporate Finance Essential - IESE Business School, University of Navarra Certiﬁcation in Global Procurement & Sourcing | Rutgers, The State University of New Jersey Certiﬁcation in Project Management Principles & Practices | University of California, Irvine Division Certiﬁcation in International Business Essentials | University of London Certiﬁcation in Data Analysis and Visualization | The State University of New York Six Sigma Yellow Belt | Board of Regents of the University System of Georgia Excel Skills for Business | Macquarie University, Australia EDUCATION Master of Commerce (MCom) in Finance & Accounting University of Calicut Master of Business Administration (MBA) in Finance Sikkim Manipal University. Bachelor of Commerce (BCom) Finance & Accounting University of Calicut. Pre – Graduation in Commerce (Finance) University of Calicut. PERSONAL DETAILS Nationality: Indian Passport Number: Z- Date of Birth: 25th May 1981 Civil Status: Married REFERENCES Mr. Hussain Abbas Al-Elg | Finance Manager – Schlumberger Saudi Arabia Mr. Khaled Zaki | Geo Unit Tax Manager - Schlumberger UAE Contact :-- - Contact :-- - Page 3 of 3