Syaiful Bakhtiar Muhammad

Experience

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  Wan Nadzir & Co.

  Feb 2003 - Aug 2005

  Senior Auditor

  Responsible for auditing small and medium sized businesses including government agencies. Main responsibilities are as follows:-Developed audit plan and discussion with client-Financial auditing-Tax planning and accounting services-Due diligence

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  Shell

  Sept 2005 - Nov 2010

  Analyst

  Primarily responsible in ensuring timely management and statutory reporting for MYR 11 billion Downstream Operations for Shell Malaysia.Key accomplishments:-Supported Malaysia's Pathfinder team in implementing the new SAP global platform (GSAP) in 2007.-Ensure the data migration process from legacy system to GSAP platform is completed prior to go-live.-Stabilise the system ans streamline processes post GSAP implementation.-Manage liquidity management activities (FX and money market dealings) for Shell Malaysia entities with local banks and Shell Treasury Malaysia Ltd. (Labuan).-Reduced manual work, time and human error by implementing "quick win" on daily journals. Show less

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  Novo Nordisk

  Nov 2010 - Sept 2014

  Financial Analyst

  Primary responsibility for providing timely financial analysis and actionable insights for DKK 2 billion business area and DKK 1 billion net profit, and DKK 60 million cost planning for the Business Area (BA). In charge of the continuous development of the analytical and data management capabilities.Key accomplishments:-Improved performance management review by revamping Balance Scorecard tracking template.-Proactively monitoring inventories with the new Inventory Tracking tool jointly developed with the operations team.-Designed Currency Converter tool to convert multiple currencies into standard exchange rate.-Enhanced budget control for Management to quickly identify any 'gaps' in achieving BA target/plan during the annual budget meeting with affiliates.-Coordinate BA annual planning cycle activities including quarterly/rolling estimates.-Appointed as SAP BW Brand P&L administrator and SAP BW Super User.-Appointed as BA Risk Management Coordinator to review, challenge and consolidate risk reporting and report to the Risk Office in Denmark.-Responsible fot BAOS FLIT Update newsletter to over 700 employees and elected as Globeshare Champion to revitalise FLIT department intranet. Show less

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  PETRONAS Lubricants International

  Oct 2014 - Oct 2016

  Manager, Planning and Performance

  Responsible for consolidating PETRONAS Lubricants International group legal entities and Country Managed Offices (CMOs) monthly performance to Management Team, consolidating Annual Budget for PLISB Group, and ultimately ensuring effective budget control in order to establish a reliable set of business performance measures/ indicators. In addition, responsible for driving improvements in reports and processes, and promoting standardisation.Key accomplishments:-Delivered 5-years (2017-2021) Annual Budget to PETRONAS Downstream Executive Committee which subsequently approved without major changes.-Revamped consolidation file which reduces preparation time, embedded additional controls to limit errors while meeting the system requirements of PETRONAS Downstream.-Enhanced financial insights into monthly reporting files i.e. margin per litre, volume-price impact, FX impact, DSO, DPO and DIO.-Developed a tool to support consolidation of manual budget files received from 28 subsidiaries which reduce both time and errors.-Simplify and automate reporting packages for PLISB Group Finance eliminating risk of human errors.-Resolved technical/ data integrity enabling online reporting to Group eliminating manual activities.-Facilitate internship student program during their rotation to the Group Finance team. Show less

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  OQ

  Oct 2016 - now

  Senior Specialist, Financial Accounting

  Responsible for accounting advisory, IFRS applications on day-to-day operations, and Financial System support as well as consolidating OQ Group financial results. Provide effective collaboration between Finance and IT in order to turn recommended changes and improvements into realities for the business.Key accomplishments:-Lead a project to assess existing allocation methodology within OQ group, design a new allocation methodology and implement system configuration in SAP.-Finalise the Management Discussion and Analysis (MD&A) section of the OQ Group's USD 2 billion Global Medium-Term Note (GMTN) program.-Lead an implementation project of the Balance Sheet Review system through Trintech’s Certification system.-Developed guidelines for reconcilers and reviewers to follow while performing balance sheet reconciliations.-Contribute to the Month End Close Acceleration project team under the Nakhla program (a program to bring together oil and gas companies within Oman). -Lead a comprehensive site restoration review for OQ Refinery LLC, OQ Aromatics LLC, and OQ Plastics LLC in 2019.-Revamp monthly “flash” report to the Group CEO providing additional data visualisation for more insights.-Improved data integrity on 300++ accounts (data source) which linked to various data models in SAP BW used for reporting and analysis.-Developed CapEx and OpEx guidelines based on OQ RPI's Accounting Policy and IFRS Accounting Standards - used mainly by Project Management Offices (PMO).-Responsible for directing the budget swap automation project, reviewing and endorsing UAT documents as well as presenting training sessions to identified focal points.-Supervised SAP BPC consultant on monthly group consolidation re-implementation project. Show less