Arman Batayev, ACCA

Experience

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  EY

  Aug 2011 - Feb 2013

  Staff

  Participated in audit engagements and executed the work plan.Participated in review/preparation of consolidated financial statements. Performed effectively tasks as a team member, sharing responsibility and providing support. Performed audit tests and analytical procedures.

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  KMG EP

  Feb 2013 - Feb 2017

  • Supervised KazGerMunai JV, PKI Inc, KazGPZ LLP in budgeting and economic analysis.• Performed efficiency calculation on geological-technical activities at oilfields.• Prepared reports on cost optimization and processes efficiency after quarterly reviews.• Prepared analytical letters on supervised JV's for Director's review. Evaluated that risk management, control, and governance systems are functioning properly.Issued reports on risk management issues and internal controls deficiencies identified directly to the audit committee and provided recommendations for improving the organisation's operations.Evaluated HSE, construction, and other regulatory compliance.

  • Senior Economist

    Mar 2016 - Feb 2017

  • Senior Auditor

    Feb 2013 - Mar 2016
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  ALMEX PLUS LLP

  Feb 2017 - Mar 2019

  Lead Economist

  •Prepared budget and business plan based on drilling and testing schedule.• Built financial model (NPV and Payback period based on DCF) for oil field’s economic viability.• Prepared monthly management reports and presentation on budget fulfillment, licensing and contractual conditions fulfillment, loan accruals, cash flow forecast.• Reviewed financial reports on IFRS compliance.• Involved in procurement process for compliance to budgetary rules and Subsoil use rules.• Prepared subsidiary company Exploration Production Almex JSC for listing (investment memorandum, all necessary workings with National Bank and KASE) and submit quarterly statements (affiliated, financial reports) and all necessary corporate disclosures according to Kazakhstani legislation and KASE listing regulations.• Work with banks on loan documentations Show less

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  Atyrau Invest Partners LLP

  Oct 2018 - Apr 2019

  Director

  • Strategic management of investment portfolio• Presentation of monthly management reports to partners• Calculation and evaluation of the attractiveness of investment projects• Raising investment capital• Work with banks and brokers• Consulting clients on portfolio allocation

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  Finmentor.kz LLP

  Apr 2019 - now

  Director

  -Advising on Investments, -Consulting on personal finance, -Preparation of finance courses, -Content creator

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  AIFC Business Connect Ltd.

  Apr 2019 - Apr 2022

  Deputy Director

  Maintained continuous pipeline of qualified deals and identified investment opportunities in the market. Deals sourcing of bankable, financially viable projects to be realized in Kazakhstan.

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  JV Zarechnoe JSC

  May 2020 - Aug 2022

  Member Board Of Directors

  • Fulfilled obligations of Independent director and assisted to the general work of the Board of Directors by making recommendations in accordance with the legislation of the Republic of Kazakhstan, the Charter and the Regulations on the Board of Directors, as well as monitoring the work of the Management Board.

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  Volkovgeology JSC

  Jul 2020 - Aug 2022

  Member Board Of Directors

  • Head of audit and risk committee of BoD. • Fulfilled obligations of Independent director and assisted to the general work of the Board of Directors by making recommendations in accordance with the legislation of the Republic of Kazakhstan, the Charter and the Regulations on the Board of Directors, as well as monitoring the work of the Management Board.

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  Qazaq Association of Minority Shareholders

  Oct 2020 - now

  Board Member

  • Drafted and proposed amendments in JSC and KZ securities market laws. • Lobbied rights of minority investors in KZ public companies.

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  Harry Qelm Baabsman Ltd.

  Jan 2022 - now

  Chief Financial Officer

  HQB Ltd. is AFSA licensed Asset management Company.

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  OD Consulting

  Apr 2022 - now

  Managing Partner

  Business formation, Support with Authorization, Deal structuring, M&A, Tax&Accounting in AIFC and Kazakhstan