Sanjeev Bapna
Sharjah,UAE
Summary
Chartered accountant with over 25 years of experience in the energy sector, specializing in strategic and organizational planning to drive sustainable growth. Proven track record in financial analysis, problem-solving, and effective communication, resulting in enhanced operational efficiency. Strong collaborative leadership skills foster accountability and ownership within teams. Proficient in diverse business applications and adaptable to changing work environments, committed to continuous improvement and organizational success.
Overview
33
33
years of professional experience
9
9
years of post-secondary education
Work history
Senior Finance Manager
Petrofac International Limited
Sharjah, UAE
2023.08 - 2026.02
- Business partner for Asset Development division of the organization with P & L accountability, assisting in business growth & strategy, risk management of ongoing projects, setting up entities, JV and due diligence processes to assist in commercial decision making & Tax optimization, assisting in ERP implementation & technological improvements, mentoring & coaching of shared services & regional accounting teams.
- Present Organization is a UK-based FTSE MNC organization providing expertise in the energy Sector in terms of EPC services, engineering services, integrated energy development projects, operations, and maintenance contracts etc. to Oil & Gas, water and green energy Companies all around the globe.
- Senior Finance Manager-UAE (Asset Development division) Dec 21- Current
Finance & Taxation Manager
Petrofac International Limited
Sharjah
2017.09 - 2021.12
- Budgeting, forecasting and reporting for various energy, renewable energy, water & EPC & PMC ongoing jobs across various geographies and multiple entities.
- Working capital and liquidity management across various ongoing projects.
- Assisting in completion of statutory, internal, tax & local audits across various geographies. Responsible for Internal controls and compliance for the division.
- Active involvement with management for budget & forecast preparation, commercial decision making on pre and post award of projects, cost control & project reviews & profitability & cash management for the division.
- Responsible for Oracle cloud implementation & technological improvements.
- Developing accounting & finance teams in shared services & regional setup & regular coordination with other functional teams.
- Finance & Taxation Manager- Sharjah, UAE (EPC & division) Sep 17- Dec 21
Finance & Taxation Manager
Petrofac International Limited
Sharjah
2016.02 - 2017.09
- Responsible for project management for Kuwait ($ 3 bn JV with JV partner) & Algeria (worth $1.7 bn 3 live projects) regions of operations by way of coordination with project personnel, commercial team, shared services personnel & local finance team at site for all AR, AP, inter company, fund & project management functions of day-to-day operations & reporting activities during execution of projects.
- Monthly management reporting presentation, budget & forecasts, risk reviews & mitigations & overall assessments of projects in line with company policies & internal control processes to senior management.
- Finance & Taxation Manager- Sharjah, UAE (E&C division) Feb 16-Sep17
Finance and Taxation Manager
Petrofac International Limited
Sharjah
2011.08 - 2015.09
- Reporting, budget and forecasting, Statutory audits & compliance, JV management across all O & M & PMC projects across various geographies.
- Finance and Taxation Manager- Sharjah, UAE (O & M division) Aug 11-Sep 15
Finance Supervisor
Baker Hughes
Mumbai
2007.02 - 2011.07
- Responsible for divisions manufacturing compressors, gas turbines & specialized equipment for the energy sector, water & gas industries etc.
- Responsible for monthly closure of accounts in SAP and reporting under HFM through detailed monthly reporting packs with complete accuracy per US GAAP.
- Responsible for statutory and legal compliances for the division including self-audits (CSA), SOX compliance, statutory, local and internal audits.
- Responsible for preparation and review by management for business plans, MIS and variance analysis, Inventory and cash management, AP and invoicing, Fixed Asset accounting, CAPEX and OPEX analysis of value addition models.
- Baker Hughes is a Fortune 500 US based Oil and Gas organization providing expertise services in terms of Specialized tools and Engineering Services to oil Companies all around the globe.
- Other Progressive experience, India
AGM-Finance
Kalpataru Projects India Ltd
2006.06 - 2007.02
- Accounting, MIS, budget and compliance for various projects.
Fin. Manager
Kanoo Liwa Trading WLL
1999.11 - 2006.06
- Responsible for finance and administrative functions of Bahrain operations including statutory & internal audits.
AM –Mgt. Acc
Atul Limited
1999.07 - 1999.10
- Extensive cost accounting in manufacturing setup and preparation of statutory cost records.
AM –Comm
Metrochem Industries Limited
1997.03 - 1999.06
- Project and Fixed asset accounting during new plant setup, working capital management and standard costing.
Industrial Trainee
Citibank NA
1995.02 - 1996.02
- Planning and actioning on delinquencies on sophisticated collections system for Equity Advance and car loan division.
Article ship
Kothari & Company
1993.01 - 1995.01
- Statutory audits, Tax audits, and Internal Audits of Manufacturing, Investment, Leasing, and Trading companies.
Education
Chartered Accountancy - Finance, Accounting
ICAI
India 1992.01 - 1996.01
Company Secretaryship - Corporate Laws and Governance
ICSI
India 1993.01 - 1996.01
Cost Accountancy - Cost accountancy
ICWAI
India 1993.01 - 1995.01
B. Sc - Physics
Calcutta University
India 1992.01 - 1992.01
Skills
- Positive attitude
- Focused and delivery oriented
- First time every time approach
- Accountability and ownership
- Collaborative Leadership
- A Chartered Accountant with 25 plus years of experience in the energy sector with ability to plan, coordinate & meet deadlines of designated job functions & highly capable of successfully contributing to organization
- Strategic & organizational planning aligning business strategies to achieve business goals and drive sustainable growth
- Enjoy stimulating, challenging and dynamic work environments
- Quick learner with an ability to adapt to new systems and changes in work environment
- Excellent communication, interpersonal, strategic planning, financial analysis, problem solving, organizational and leadership skills
- Proficient in various business applications
Accomplishments
- Instrumental in delivering operational excellence in each year of operation with substantial cost savings, working capital management, optimization of resources & achieving full compliance.
- Passionate about aligning financial strategies for cost and tax optimization, finance and system transformation and operational excellence to achieve business goals and drive sustainable growth.
- Recognition by Region for excellent growth & performance during the year 2010 for the division & also acknowledged for best plan presentation for the year 2011 showing the best incremental growth in revenues and profitability.
- “Zero” Bad debt/ delinquency record for the division.
- Focal contact point for FCPA audits and compliances for the division.
PROFESSIONAL DEVELOPMENT
- Management Program - UAE
- Supervisor cornerstone-KL
- Active member of ICAI Dubai chapter
SUPPLEMENTAL INFORMATION
- UAE driving license
- Travel for work and leisure
- Sports Enthusiast
Affiliations
- Sports enthusiast
- Movies and Music
Timeline
Senior Finance Manager
Petrofac International Limited
2023.08 - 2026.02
Finance & Taxation Manager
Petrofac International Limited
2017.09 - 2021.12
Finance & Taxation Manager
Petrofac International Limited
2016.02 - 2017.09
Finance and Taxation Manager
Petrofac International Limited
2011.08 - 2015.09
Finance Supervisor
Baker Hughes
2007.02 - 2011.07
AGM-Finance
Kalpataru Projects India Ltd
2006.06 - 2007.02
Fin. Manager
Kanoo Liwa Trading WLL
1999.11 - 2006.06
AM –Mgt. Acc
Atul Limited
1999.07 - 1999.10
AM –Comm
Metrochem Industries Limited
1997.03 - 1999.06
Industrial Trainee
Citibank NA
1995.02 - 1996.02
Company Secretaryship - Corporate Laws and Governance
ICSI
1993.01 - 1996.01
Cost Accountancy - Cost accountancy
ICWAI
1993.01 - 1995.01
Article ship
Kothari & Company
1993.01 - 1995.01
Chartered Accountancy - Finance, Accounting
ICAI
1992.01 - 1996.01
B. Sc - Physics
Calcutta University
1992.01 - 1992.01