Summary
Overview
Work History
Education
Skills
Quote
Accomplishments
Timeline
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Shilpa Advani

Shilpa Advani

Trade And Customs Compliance Manager
Dubai, United Arab Emirates,Mob:+971528004150

Summary

Managerial experience with over 20 years of Supply Chain, Tax/Fiscal ,Finance Experience and Trade Compliance functions. Focused on minimizing company liability by keeping all records, processes and training in full compliance with established standards and legal requirements.

Prime background catering to Finance & Supply Chain. Led Global Distribution to manage dynamic turbulent compliance implication as a result of regulations and new sanctions control. Sustain compliance controls in MENA countries including a global scope for Distribution models through continuous training culture.

Involved in special projects including high stake new Business Proposals and Process Engagements. Gained considerable skills during assignments highlighting Client Negotiations, Analyze Business Proposal Profitability, Implementing Internal Controls, Maximize Resource Output Scalability and Compliance Process improvements. Effective speaker and communicate with clarity about expectations, issues and advice.

Proven success in leadership, operational excellence and organizational development with documented success in developing policies, leading training programs and managing reporting to achieve compliance. Firm believer and follower of digital technology and automate systems to enhance compliance.

Recognized for inspiring management team members to excel and encouraging creative work environments. Led Import Export team providing strategic input to reduce trade costs and enhance compliance. Strong communicator when interacting with management and customs officials.

Rated outstanding in yearly assessments and a trusted member of the trade compliance team.

Overview

21
21
years of professional experience
8
8

Years of trade compliance experience

Work History

Trade and Control Compliance Manager - MENA

SLB
Dubai
05.2022 - Current
  • Deliver and track program training for associates and supervisors to safeguard continuing business relationships across all MENA countries
  • Deliver subject matter expertise for internal and external customers on compliance best practices and quality control.
  • Implement rapid action as an account of changes in sanctions and regulations.
  • Ensure systems are always up to date with applicable license determination rules impacting export and re export laws.
  • Hold Integrity moments with impacted audience emphasizing on the importance of compliance
  • Keep abreast of changes in EU, UK, US Laws impacting global operations.
  • Review denied party hits in the system and provide advisory on Do's and Don'ts.
  • Conduct Trade and Customs Compliance Audits in select countries across the globe to evaluate the effectiveness of compliance behavior and practices followed by operations.
  • Participate in investigations occurring either internally or by government agencies for trade regulation issues.
  • Interpret the laws and translate in a language easily understood by operations.
  • Run Assessment exercises in countries to ensure compliance is followed and create remedial work plans if actions are found incomplete or not acceptable.
  • Hold a clear knowledge on the US sanctions related to embargo and sanctioned countries.
  • Mentor Compliance leads in countries to adapt and drive the compliance culture in their area of operations. Develop and maintain dedicated group of individuals with core expertise in trade regulation compliance.
  • Identify and monitor changes to trade control laws and regulations to ensure proper measures are implemented to sustain high level of compliance
  • Maintain Trade Control Compliance function that institutionalizes, formalizes and documents policy, procedures and practices.
  • Escalate violations or significant risks to Director of Compliance

Trade Compliance Process Manager

SLB
Dubai
06.2020 - 04.2022
  • Evaluated impact of process change on overall operation.
  • Prime owner of the compliance program.
  • Responded rapidly to changes in regulations and manage communications and trigger system changes to adapt and adhere to applicable laws impacting imports and exports.
  • Managed change among staff to achieve buy-in and cooperation and overcome resistance.
  • Conducted focus groups, surveys and feedback sessions to gather input from stakeholders.
  • Deployed FTA programs in the US.

Global Import and Export Manager

Schlumberger
Dubai, United Arab Emirates
09.2018 - 05.2020
  • Inspect inbound and outbound products for compliance with established industry standards, company policies and procedures and advise & implement cost saving initiatives.
  • Global point of contact for Import Export personnel across geographies.
  • Extensive 3PL Management.
  • Cross function collaboration with sourcing teams impacting duty savings & Network Optimization
  • Track shipments processing through customs and conducted and lead compliance audits.
  • Review and signed documents on behalf of company in line with power of attorney limitations.
  • Deploy Standard Operation Procedures across all countries and activate data management solution following 100% compliant processes.
  • Identify and resolve process issues to encourage smoother procedures, more efficient workflow and overall business growth.
  • Resolve conflicts and negotiate agreements between parties in order to reach win-win solutions to disagreements.
  • Develop, update and maintain database of existing and potential Import Export rules.
  • Develop standard operating procedures and document workflows for current and future process steps.
  • Conduct training and change management processes to improve operations.
  • Partnering with cross-functional teams to conduct thorough due diligence of SAP deployment across countries.
  • Active participation with Customs on audit closures.
  • Apply standard tables and knowledge of law to calculate duty and tariff payments of each shipment.
  • Designed export strategies to meet project delivery requirements.

Operations Controller - Distribution Entity

Schlumberger
Dubai, United Arab Emirates
01.2018 - 12.2018
  • Responsible for successful finance team migration to central Hub in Kuala Lumpur, Malaysia.
  • Enhanced accounting system efficiency and effectiveness through robust Balance Sheet self audit review and aligned data for high management review.
  • Proactively identified all accounting errors by developing cross-referencing databases.
  • Analyzed financial data derived from multiple reporting systems to develop recommendations for operational and performance improvements. Reduced DSO to impressive 45 days post deploying Continuous improvement trigger.
  • Organized budget documentation and tracked expenses to maintain tight business controls.
  • Analyzed finances to create detailed forecasting reports using data analytics.
  • Minimized financial risks, liabilities and insurance claims by coordinating corrective actions.
  • Conveyed pivotal operational improvements to boost performance using financial data from reports.
  • Streamlined daily reporting information entry for efficient record keeping purposes.

Global Direct Sales Manager

Schlumberger
Dubai, United Arab Emirates
12.2015 - 12.2017
  • Head the Logistics Function covering 40+ Countries ( Europe, Africa, Middle East, Latin America transactions with third party clients.
  • Directly involved in major operations to manage the different players involved and ensure the Skills Quality of the service provided by the Distribution teams.
  • Defining the balance between external and internal distribution providers.
  • Accountable for establishing Operational Procedures with Third Party Logistics Providers and Reporting Customs.
  • Ensured compliance with Trade Customs Control and Local regulations.
  • Set up KPI and review quality of service providers.
  • Boosted Revenues by 30% YOY.
  • Reduced Total Transport and Mobilization costs by 10bps.

Fiscal Manager - Global Distribution Entities

Schlumberger
Dubai, United Arab Emirates
03.2013 - 11.2015
  • Manage team of 10+ Direct and Indirect Reports.
  • Responsible for the preparation of Legal accounts in accordance with Local/ Country GAAP.
  • Outstanding.
  • Responsible for producing local statutory accounts and ensuring compliance within filing deadlines.
  • Manage and motivate assigned Accounting personnel in alignment with the finance center objectives in order to promote maximum staff member benefit and effectiveness as well as overall functional productivity.
  • Maintain functional efficiency and productivity by designing, implementing and coordinating accounting processes.
  • Monitor, review and evaluate existing procedures in the areas of accounting, revenue control and investments, budget, purchasing, contract administration, enterprise and other financial functions for efficiency of operations.
  • Supervise the smooth and timely completion of monthly accounting processes, including preparation of Management reports, other Financial Procedures and standard Profit & Loss Account.
  • Transfer Pricing draft covering multiple countries on a Cost Plus and Resale Minus strategy.
  • Finalized the Fiscal accounts returns of 5 Entities in a turnaround of 12 months.

Operations Controller

Smith International
Dubai, United Arab Emirates
01.2011 - 02.2013
  • Analyze and control investment (Client Receivables, Caped, R&E Expenditure and Projects).
  • Develop and evaluate business financial metrics and drivers.
  • Assisting in review and analysis of budget requests for needs to stated objectives and historical basis of use.
  • Owner of Authorized Bidding Sheet for a Division.
  • Consolidating monthly and Quarterly Financial Reports.
  • Provide detailed comments on report variances and other important observations.
  • Review balance sheet accounts relating to area of responsibility.
  • Review detailed net income statement, evaluate trends and make conclusions.
  • Business consultant to Operations Managers guiding them to maximize profits.
  • Achievements.
  • Achieved Target DSO of
  • Highlighted key elements responsible for Low IBT and improve productivity with optimizing existing stock on hand.

Assistant Manager

Smith International Inc
Dubai, United Arab Emirates
08.2009 - 12.2011
  • Area in charge for reporting Monthly financial numbers for MEA Product lines.
  • Monitor Results versus forecast and Objectives.
  • Analyze and assist Managers on DSO & Inventory Turn improvement.
  • Run Area Financial reports and submit to locations in MEA.
  • Active participation in the finalization of Segment Planning Process.

Management Accountant

Smith International Inc
Dubai, United Arab Emirates
11.2007 - 07.2009
  • Co ordinate with HQ on financials.
  • Manage Bond / Guarantee requirements for the region.
  • Assist Managers during Budgeting process.
  • Prepare monthly financial reports and distribute to Managers.
  • Analyze monthly financial Numbers and prepare commentary on variances and anomalies.

Field Accountant

Smith International Inc
Dubai, United Arab Emirates
05.2003 - 11.2007
  • Supervised accurate, efficient and compliant completion of monthly financial reporting packages.
  • Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
  • Prepared corporate fiscal and business plans to help strategically direct business operations and strengthen controls.
  • Worked singlehandedly to create annual budget and track actual expenses against projected expenses.
  • Calculated salesperson commissions based on established parameters and disbursed timely payments.
  • Managed budgets, assets, portfolios, accounts payable and receivable and general financial reporting procedures.
  • Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
  • Created and distributed reports on internal and external finances, audits and budgets.

Education

Bachelors of Commerce -

RA Podar College Of Commerce And Economics
Mumbai, Maharashtra, India
07.1992 - 1997.12

OnlineIBFD - International Online Tax Course -

IBFD
Online
10.2015 - 2015.10

ITA 110 - Double Taxation Relief -

IBFD
Online
12.2015 - 2016.01

Financial Internal Training Covering Aspects of Tax, Compliance, Legal, Operations Integrity, Fiscal Reporting, Inventory And Fixed Assets, Balance Sheet, Net Income Statement And Accounting -

Schlumberger
Malaysia
04.2012 - 2012.04

Continuous Improvement Practitioner CourseCourse To Increase Operational Efficiency, Enhance Output And Reduce Costs And Aim At Wasteelimination. - Operational Efficiency

Schlumberger
Internal Coaching
07.2017 - 2017.07

Management Essentials - Management

Schlumberger
Internal Coaching
11.2017 - 2017.12

Skills

    Accounting & Auditing

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Quote

It is never too late to be what you might have been.
George Eliot

Accomplishments

  • Achieved $1.5m savings in customs duties by deploying a team of Free Trade Specialist and releasing a US Free Trade Agreement program targeting select countries as a pilot project.
  • Collaborated with team of global compliance experts in the organization along with Legal counsels in operating countries to achieve excellence in managing the compliance impact due to conflict of Russia-Ukraine War. Awarded Bronze Medal in Performed by SLB initiative.
  • Developed Import Export Manuals process matrix identifying Key Metro stops and mentored Import Export / Compliance lead in operating countries to define the activities encompassing the end to end process.
  • Successfully deployed 12+ SAP Global Trade Compliance System for various operating countries globally in collaboration with IT support deployments teams. Closely work with system program managers to ensure system is aligned, updated and agile to incorporate changes in regulations.

Timeline

Trade and Control Compliance Manager - MENA

SLB
05.2022 - Current

Trade Compliance Process Manager

SLB
06.2020 - 04.2022

Global Import and Export Manager

Schlumberger
09.2018 - 05.2020

Operations Controller - Distribution Entity

Schlumberger
01.2018 - 12.2018

Management Essentials - Management

Schlumberger
11.2017 - 2017.12

Continuous Improvement Practitioner CourseCourse To Increase Operational Efficiency, Enhance Output And Reduce Costs And Aim At Wasteelimination. - Operational Efficiency

Schlumberger
07.2017 - 2017.07

Global Direct Sales Manager

Schlumberger
12.2015 - 12.2017

ITA 110 - Double Taxation Relief -

IBFD
12.2015 - 2016.01

OnlineIBFD - International Online Tax Course -

IBFD
10.2015 - 2015.10

Fiscal Manager - Global Distribution Entities

Schlumberger
03.2013 - 11.2015

Financial Internal Training Covering Aspects of Tax, Compliance, Legal, Operations Integrity, Fiscal Reporting, Inventory And Fixed Assets, Balance Sheet, Net Income Statement And Accounting -

Schlumberger
04.2012 - 2012.04

Operations Controller

Smith International
01.2011 - 02.2013

Assistant Manager

Smith International Inc
08.2009 - 12.2011

Management Accountant

Smith International Inc
11.2007 - 07.2009

Field Accountant

Smith International Inc
05.2003 - 11.2007

Bachelors of Commerce -

RA Podar College Of Commerce And Economics
07.1992 - 1997.12
Shilpa AdvaniTrade And Customs Compliance Manager