1. NARMINA ALIYEVA, ACMA
Financial Controller
Email: narmina_alieva@yahoo.com
Phone number + 971 50 643 86 77
EDUCATION AND QUALIFICATIONS
2003: ACMA, Chartered Institute of Management Accountants, UK
1992: Degree of Economist, Azerbaijan State Oil Academy
PROFESSIONAL EXPERIENCE
An accomplished hands-on ACMA Qualified Financial Controller with more than ten years of effective
post-qualified experience of leading domestically located and internationally dispersed financial teams in oil
and gas industry is open for challenging assignments to add value through acting as a Finance Team Lead
and Subject Matter Expert.
BP Plc
Controller (UAE, Kuwait and Northern Gulf) - BP UAE, Abu Dhabi October 2012 – To date
• Effectively led a team of 6 people to provide full financial and accounting support to BP UAE, BP Kuwait and
Northern Gulf activities
• Ensured rigid Internal Controls including Sarbanes Oxley, Internal Control over Financial Reporting, quarterly
Due Diligence processes, Balance Sheet Integrity and Control Evaluation Templates
• Managed and delivered monthly management accounts, budgets, forecasts, year end statutory accounts and
other financial and analytical information in accordance with the divisional and Group timetable
• Delivered a comprehensive comparative analysis between Group Financial Outlook, Group Accounts and
Statutory Reports to ensure integrity and accurate reconciliation of the reports.
• Interpreted and applied accounting standards to ensure that Abu Dhabi reporting complied with all changes in
the Group standards, policies, system and processes
• Coordinated and liaised with auditors until completion of yearly external and internal audits.
• Controlled all journals and final GL balances including review of month end balance sheet reconciliations and
control accounts
• Developed, implemented, maintained and monitored effective and efficient financial controls and processes
• Produced monthly reporting pack to management team and communication to shareholders
• Acted as a Senior Finance Business Partner in implementation of a new Kuwait Technical Service Agreement
• Controlled treasury activities including payments of cash calls to Operating Companies, third party suppliers
and settlement of expenses through electronic transfer or cheques
• Controlled Procurement & Supply Chain process and ensured that all stages of procurement process are
conducted in compliance with corporate guidelines and Anti Money Laundering and Anti-Bribery and
Corruption Act
• Led monthly achievement meetings for communication of financial milestones
• Trained team members to steer performance improvement, and performed various other ad-hoc duties as
needed
Controller (Global Projects Organisation) - BP UK, London April 2009 - October 2012
• Established, developed and successfully managed control team of three geographically dispersed
performance dedicated finance professionals
• Prepared monthly forecast update, primarily by working closely with department heads in forecasting their
department’s overheads.
• Actively engaged in all aspects of projects planning and service delivery teams including effort estimation,
resource planning, forecasts and costs control
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2. • Developed long term/annual business plans/budgets for the central projects team
• Delivered robust long-term and short term plans submissions and actuals reporting and achieved consistent
accuracy and integrity assurance for all submitted reports
• Effectively planned, coordinated and implemented a new time-writing system
• Initiated, managed and implemented continuous improvement of existing transactional processes
• Increased team forecasts accuracy by 20 percent via thoughtful planning, careful monitoring and continuous
fine tuning of forecasting processes
• Achieved accurate forecasting of the charge-out rate by improving the forecasting methodology
• Closely engaged with E&Y and accomplished high level of transparency and complete track records of the
rate calculation
Controller – IT Function BP UK, London January 2005 – March 2009
• Owned the annual and 5 year plan process for IT function working closely with Planning and Strategy
network challenging top down approach and assumptions
• Had primary responsibility for setting up processes/timelines/progress meetings throughout the budgeting
process networking with Financial Controllers and Project Managers across 30 countries
• Led cost cutting exercises and reiterations to the budgets
• Led the Project of simplification and restructuring of MI reporting to get clarity of the costs and their
transparent allocation into recoveries (service allocation)
• Provided IT function senior management with monthly budget variance analysis identifying potential issues
• Led the annual project prioritization exercise to allocate capital resources (annual CAPEX) of the IT function
• Developed and implemented performance management processes to ensure delivery of the IT function
performance contract and provided timely and constructive challenge on progress against milestones, KPIs
and targets
• Consistently ensured that adequate internal project controls are in place to track the financial impacts of
change management
• Delivered quarterly capital allocations supported by complete documentation for E&Y audit purposes
Assistant Controller - BP Egypt, Cairo June 2002 – December 2004
• Provided full financial support to the senior management, including preparation of annual targets
• Played a key role in implementation of Production Sharing Agreement (PSA) accounting in BP Egypt
• Acted as a key focal point responsible for collection, preparation, analysis and submission of performance
management information including key financial statements to BP Headquarter in UK
• Effectively led monthly Performance Management meetings and presented financials to the senior
management
• Solely identified all possible levers to enhance cash inflow as well as associated risks and mitigation
measures in targets delivery
• Developed a transparent and robust KPI reporting system to monitor the performance vs. plan and to support
business decisions
• Proactively collaborated with commercial department to improve long-term forecasting process
• Provided insightful support to Financial Controller in design and implementation of internal controls and
reporting process changes as and when required
• Directed activities of a team in the department to implement a new Performance and Management Information
Process
• Played a visible leadership role in creating a high performance culture in the team
Senior Performance Analyst - BP Azerbaijan, Baku 1999-2002
• Reported to Financial Controller, responsibilities included implementation of Management Information collection
and reporting process within the business; preparation and analysis of financial statements; performance
analysis; cost management; transfer of Azerbaijan related AMOCO books from Houston to BP Azerbaijan; led
benchmarking exercise carried out by Everest Consulting on onshore assets to identify gaps in performance with
best in class onshore assets; became a focal point for accounting services department for BP Group Reporting
requirements
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3. Accountant - BP Azerbaijan, Baku 1998-1999
• Reporting to the Accounting Manager, responsibilities included development of a new method of overhead
costs allocation on an equitable basis across extended portfolio of BP and Amoco’s combined operations,
annual budget preparation and interpretation of regular management reports.
Cost Accountant - BP Azerbaijan, Baku 1996-1998
• Reporting to the Project Manager, responsibilities included financial administration of contracts, development
of cost control techniques, managing relationships with contractors, management reporting, preparation of
month end accrual information, monthly estimation of project cash requirements, analysis of monthly cost
control reports, identification of costs and revenues related to specific business decisions and projects.
Supervisory role included development, implementation and continous monitoring of project cost control
activities in the contractor’s office.
RETAIL TRADING COMPANY
Chief Accountant - Baku, Azerbaijan 1993-1995
• Reporting to the Commercial Director responsibilities included financial reporting to state authorities;
budgeting and setting operational targets; sales and inventory control; tax calculation and reporting
STATE TAX AUTHORITY
TAX ACCOUNTANT, Baku, Azerbaijan 1992-1993
Reporting to the Head of Department, responsibilities included preparation of management accounts and
interpretation of related tax issues, budgets preparation.
SKILLS
Languages: Fluent in English and Russian, Good understanding of Turkish.
General Software: MS Word…Excel…Access…Power Point…Outlook
Accounting & Cost Management Software: SAP, SUN, JD Edwards, Job Proms Cost Control
Trainings: Upstream Advanced Oil and Gas Accounting Workshops, Group Accounting Policy, Leadership
Development courses
REFERENCES ARE AVAILABLE ON REQUEST
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