Adina Patiu

Experience

• 

  Schlumberger

  Mar 2009 - now

  o Monitor and report on the key performance indicators and objectives within the allocated area.o Preparation of the quarterly and annual financial forecasts and budget.o Preparation and analytical review of management financial information relative to historical trends, forecasts and developments within the industry. Ensure that the goals are challenging but realistic relative to overall market expectations and available resources.o Complete monthly financial reviews and reports, monitor results versus objectives, highlight underlying reasons for variances, and suggest corrective actions.o Review of key tenders (risks and opportunities), contractual terms and evaluate impact on contribution margin associated with pricing in bids vs. optimization of people/resources (i.e. FA, Inventory, M&S...).o Highlight trends in cost inflation and identify opportunities to save and reduce discretionary spend to Supply Chain.o Monitoring the working capital for the business line within the allocated area by understanding Materials Management processes to assess and track efficiency metrics, and optimization of inventory level.o Periodical review of Balance Sheet notes for Product Line specific accounts and assess exposures (including currency risk).o Assess the customers for credit limit, identify any risk receivables and follow up with sales/customer to ensure overall reduction in receivables.o Analyze utilization ratios for tools and people with a view to highlighting inefficient locations or Business Lines and identifying opportunities to maximize the value of resources.o Apply Division specific accounting complexities such as cost and revenue recognition as well as Division FPs.o Ensure compliance with Sarbanes-Oxley requirements as defined in the risk control matrix.o Support internal and external audits. Show less o Balance sheet account review and reconciliation and preparation of associated BS notes. o P&L variance analysis including review of detailed revenue and cost transactions. o Subsystem control including client receivables collections and DSO reporting, fixed assets, payroll and inventory. o Participation to physical count (inventory, fixed assets) and reconciliation with sub-ledger. o Control and preparation of general ledger entries including prepaid, accruals, allocations, etc. o Control over systems posting and reporting. Show less o Managing assets for book and tax, and for accounting for all fixed asset transactions, including acquisitions, transfers, cost center changes, retirements and balance sheet reconciliations.o Post capitalization of assets, asset sales and transactions for transfers in.o Run monthly depreciation and verify transactions.o Clear the suspense/under construction accounts for assets monthly.o Post asset transfers, cost center, and other data changes as required.o Responsible for monthly Capex reporting.o Monitoring inventory valuation and product cost transactions impacting financial reports.o Perform results analysis related to product cost and product revenue.o Prepare balance sheet reconciliations for relevant accounts and certify completeness. Show less

  • EUR Operations Controller ALS &CPS

    Feb 2019 - now

  • Europe Est SubGeomarket Controller & WTT Controller

    Oct 2015 - Feb 2019

  • CEU Internal Auditor & PTS Controller

    Nov 2013 - Sept 2015

  • Management Accountant

    Sept 2012 - Oct 2013

  • CEU Asset& Inventory Management Accountant

    Mar 2009 - Sept 2012