Shafkat Smith
Summary
Enterprising Financial Analyst with proven success in recommending appropriate financial plans based on accurate data collection, financial monitoring and business strategizing. Expertise includes financial analysis and reporting, financial modelling and forecasting. Develops and maintains high standards of quality and issue resolution through effective financial planning. Adept at utilizing top-of-the-line communication skills to build and foster long-term relationships.
Overview
10
10
years of professional experience
Work History
Group Financial Analyst
National Energy Services Reunited – NESR
05.2019 - Current
- Provided vital insights for business development initiatives through diligent market research and competitive analysis.
- Optimized cash flow management through meticulous tracking, forecasting, and proactive communication with stakeholders.
- Achieved significant cost savings by identifying financial inefficiencies and implementing improved processes.
- Facilitated smooth month-end close processes by efficiently reconciling accounts and addressing discrepancies promptly.
- Played a key role in annual audits by preparing detailed schedules, supporting documentation, and assisting auditors throughout the process.
- Collaborated with cross-functional teams to optimize budgets, resulting in improved resource allocation.
- Streamlined financial reporting for better decision-making with clear, concise analysis and presentation.
- Collected data and developed detailed spreadsheets to identify trends and create revenue, profitability, and expense forecasts.
- Reviewed financial reports and streamlined operations to increase productivity and company profits.
- Developed and implemented financial models to analyze complex information and assess health of organization.
- Created and maintained precise and accurate models, charts and reports.
Operational Controllership Analyst
Baker Hughes, A GE Company
10.2017 - 05.2019
- Generated clear, transparent reports supporting business requirements
- Oversaw Statutory Accounts, Annual Report, and market oversight reporting processes
- Coordinated go-live implementation and aided in preparing quarterly financial earnings decks
- Reviewed and analyzed financial reports from various departments for management team submission
- Liaised with cross functional managers on analytics based decisions
- Created monthly flash reports reflecting the company's financial standing
- Managed administrative duties, including month-end accrual preparation and SAP entries
- Applied IFRS/US GAAP policies to company accounts
- Acted as an intermediary between Baker Hughes and Deloitte and Touché, facilitating smooth audit processes
- Worked on the revenue section of audits, ensuring cut-off, completeness, and existence assertions
- Liaised with auditors to explain complexities.
Audit Coordinator
Baker Hughes Inc
02.2015 - 10.2017
- Acted as trusted advisor to colleagues seeking guidance related matters impacting their individual work performance, fostering highly supportive collaborative work environment conducive achieving collective goals success milestones on an ongoing basis.
- Resolved conflicts between departments arising from identified issues during internal audits diplomatically before escalating situations adversely impacting overall corporate performance metrics.
- Communicated effectively with senior management regarding audit findings, presenting clear reports that highlighted areas of concern as well as recommended solutions for improvement measures needed within the organization''s policies or procedures framework.
- Ensured compliance with industry regulations, reducing potential fines and penalties for the organization.
- Applied IFRS/US GAAP policies to company's account
Accountant
Baker Hughes Inc
08.2014 - 02.2015
- Verified purchases, transfers, and inventory sales adjustments, executed accrual preparation in, , analyzed accounts payables, supported month-end reconciliations using Blackline, managed vendor relationships, reconciled statements, handled GRIR clearing, and addressed Vendor
- Operations, Accenture Queries, reviewed AP Vendor SL, and resolved blocked documents
- Maintained strong relationships with vendors through open communication, prompt issue resolution, and reliable payment practices.
Accounting Intern
Baker Hughes Inc
12.2013 - 08.2014
- Collaborated with internal and external auditors to expedite delinquent audits, facilitated accrual preparation, and applied IFRS/US GAAP policies, while conducting SAP analysis for diverse company codes and advising on general account improvements and corrective actions.
Education
Bachelor of Arts - Finance And Management
Murdoch University
Dubai, United Arab Emirates10.2013
High School Diploma -
Foucos A- Levels College
Lagos, NIgeria09.2008
Skills
- Data Analysis
- Financial Modeling
- Comparative analysis
- Financial statements expertise
- Knowledge of ERP (Enterprise Resource Planning) software
- Cash Flow Management
- Budgetary Planning
- Auditing procedures
- MS Office Suite
- Financial and operational reporting
- Forecasting trends
- GAAP and statutory reporting
- Financial Planning
Key Skills
- Tagetik
- Tableau
- GAAP/IFRS
- SAP
- Oracle
- Hyperion (HFM).
Timeline
Group Financial Analyst
National Energy Services Reunited – NESR
05.2019 - Current
Operational Controllership Analyst
Baker Hughes, A GE Company
10.2017 - 05.2019
Audit Coordinator
Baker Hughes Inc
02.2015 - 10.2017
Accountant
Baker Hughes Inc
08.2014 - 02.2015
Accounting Intern
Baker Hughes Inc
12.2013 - 08.2014
Bachelor of Arts - Finance And Management
Murdoch University
High School Diploma -
Foucos A- Levels College
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