HANI NOUVAL, CPA MBA
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Experience
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Blue chip strategy consulting experience with solid history of excellent performance, management capability, and revenue growth.
   

Mergers & Acquisitions Accomplishments

Resolution Performance Products (Shell-Resins), Global Financial Consolidation Manager, Houston, Netherlands, Belgium, Spain and UK (June 2000 to June 2002) The Royal Dutch/Shell Group of Companies announced its intention to undertake a major restructuring of its chemical portfolio in December 1998.
The goal is to focus on major cracker products and petrochemical building blocks. In keeping with it strategic refocusing, Shell Chemicals has identified its Resins and Versatics business as non-strategic.
• Design and develop preliminary financial consolidation process, tasks, workflow, and reports format.
• Participate in the mapping process from legacy systems (SAP R/3 FI/CO, Euro SAP, JD Edwards and APSAP chart of accounts) to Carat Consolidation software chart of accounts using DataLink
• Design the Interfaces between data source systems (SAP R/3 FI/CO, JD Edwards.) include hardware environment (communication, transfer of data, and Citrix server)
• Provide support to CFO, Global and Regional Controller, and other members of the finance support team and IT Delivery Services businesses in Europe/Middle East and Asia Pacific.
• Offer an array of services including application of Generally Accepted Accounting Principles (GAAP), international accounting and reporting advice related to capital restructures, equity investments accounting, reporting and internal controls advice. Research and resolve technical accounting issues, perform due diligence for business development projects.
• Provide corporate financial management for subsidiaries in USA, Netherlands, Belgium, Spain, Italy, Germany, France, Norway, Switzerland, Singapore, Australia, and Japan.

 IPO Experience Accomplishments

Universal Compression, Independent Financial Consultant, Houston Corp. (March 2000 to May 2000) Initial public offering (IPO) for Universal Compression, a leading natural gas compression services company, providing a full range of rental, sales, operations, maintenance and fabrication services and products to the natural gas industry.
The company owns one of the largest gas compressor fleets in the United States, and has a growing presence in international markets including Argentina, Colombia, Venezuela and Australia, the project scope includes:
• Prepare and develop flexible Pro forma financial model for the past four years including Debt / Equity Restructure, Synthetic (operating) lease, Purchase and Leaseback, Off balance sheet financing analysis and Merger and Acquisition transactions for holding and operating companies.
• Working closely with CEO and CFO dealing with underwriters, attorneys, and auditors. • Assist in preparing the financial information and registration statement S-1 including Performa section with related footnotes.
• Research SEC, AICPA and FASB pronouncements, interpretations and regulations
• Perform market and ratio analysis for oil & gas service competitors.

 


The World Bank Group Energy information Administration American Petroleum Institute
Exxon Mobil Financial Accounting Standards Board The Institute of Internal Auditors

 


Global Financial Consolidation System Implementation project (Shell Houston, Netherlands, UK and Spain, 2000)

 

 
Served as project team leader for implementation of Global Consolidation Financial system, participate in the implementation of web-based reporting and consolidation software.
Wrote procedures, developed training manuals and recruited and trained additions to staff.-Decentralized major consolidation financial from USA corporate to Europe and regional level.
Developed staffing needs and recruited, selected and trained personnel. Review the compliance of the worldwide SAP implementations with the corporate guidelines (FI-CO settings), provide advice to the affiliated companies and monitor action plans to achieve compliance.
Participate in the development and maintenance of an interface between SAP and the reporting/consolidation tool.
 
Directed the daily activities of a Financial mangers of 4 performing various Consolidation, financial and accounting duties, including Inter-company reconciliations, General Ledger mapping, Foreign currency exchange, Management Profit & Loss analysis, manufacturing costing, variance analysis, Cash flow analysis, R&D and data systems tasks for Chemical manufacturing production, processing and transmission operations.
 
Essential Duties, Generate, compile and analyze basic, moderate and complex financial information to document business transactions. Perform basic, moderate and complex statistical analysis to determine trends, estimates and significant changes.
Write narrative reports to explain findings. Analyze financial information detailing assets, liabilities and capital. Prepares balance sheet, profit and loss statement and other reports to summarize and interpret current and projected company financial position for managers.
Determines proper handling of financial transactions and approve transactions within designated limits. Monitor compliance with generally accepted accounting principles and company procedures.
Review, investigate and correct errors and inconsistencies in financial entries, documents and reports.
Assist with the implementation of accounting systems and accounting control procedures. Devise and implement a structured system for general accounting.

Month-End Close Redesign Project
(Shell Houston, Netherlands, UK and Spain, 2001)
One of my clients, a chemical manufacturing company, recognized the need to redesign their monthly closing process. I was selected to conduct workshops with Global and regional CFO, controller and financial managers from USA, Europe and Asia pacific, and identify and document the present process. Working closely with the client.
Working as a global team, we developed opportunities for improving the current process by eliminating and shortening steps or altering the schedule of events. The new process was documented in a future state process map. The team presented a comprehensive action plan with tasks assigned to specific team members in addition to a detailed process mapping of both the 'present state' and the desired 'future state' of their month-end close process.
A new closing schedule was created, resulting in a reduction of the monthly close process from eleven to five days without any changes or upgrades to the existing systems. The client benefited from more timely and useful information and increased process efficiencies and resource utilization

Litigation Service - Dispute Analysis Consulting
Provide comprehensive financial, economic and strategic advice to companies with complex business problems.
I provide a broad range of consulting and forensic accounting services and alternative dispute resolution forums. Specialty practice areas include economic and financial analysis.
Responsibilities may include, but are not limited, to the following: developing lost profit analyses and implementing financial models, as well as conducting comparative and pro forma analyses, reconstructing financial statements and/or records using forensic accounting techniques, analyzing and critiquing opposing party claims, interacting closely with counsel and company representatives to gather and analyze information, developing proposals for potential new engagements, drafting preliminary reports of findings, reviewing documents and depositions to identify information related to key damage issues, interpreting and explaining the underlying financial aspects of an engagement to enable counsel to adequately understand the relevant business issues.

Following is a list of Sectors and Fortune 500 Companies I served for the last 15 years

Aerospace
* Bell Helicopter Textron, Middle East www.bellhelicopter.textron.com
* Sikorsky International, Middle East www.allsystem.com

Automobile Manufacturing
Naghi Motors, BMW, Middle East http://www.bmw.com.sa/

Energy: Exploration and Production (upstream)
* Shell Chemical, Houston, Texas www.shell.com
* Aramco, Saudi Arabia www.saudiaramco.com
* Saudi Basic Industries Corporation (SABIC), Saudi Arabia www.sabic.com/
* Edge Petroleum, Houston, Texas www.edgepet.com
* Pride International, Houston, Texas http://www.prideinternational.com

Energy Field Services
* Universal Compression, Houston, Texas http://www.universalcompression.com
* Ondeo-Nalco Energy Services http://www.ondeo-nalco.com
*Harco Technologies, Middle East http://www.harcolabs.com
* Baker Hughes, Houston-Texas, Aberdeen-UK, Stavanger-Norway http://www.bakerhughes.com

High Tech: Software Developer
* Computer Sciences Corporation, Austin, Texas http://www.csc.com
* AMD, Austin Texas, Silicon Valley, California http://www.AMD.com

Investment Bank/Advisors
* Islamic Investment Company, Middle East http://www.albaraka.com/
* Dar Al- Maal al-Islami, Bahrain, Middle East http://www.dmitrust.com/
*Islamic Takafol & Retakafol (Bahamas) http://www.islamic-banking.com/insurance/companies.php

Holding Company/Conglomerate
* Resolution Performance Products, Houston, Texas www.resins-versatics.com
* Cooper heat-MQS, Inc, Houston, Texas http://www.cooperheat-mqs.com
* Al-Muhaidib holding Companies, Middle East http://www.muhaidib.com.sa
*Aldrees & Sons Company http://www.nusacc.org/members/chambdir/mem/10000076.asp

Hotels
* Marriott, Middle East
* Holiday Inn worldwide, Middle East
* Saudi Hotels & Resort Areas, Middle East
* Saudi Hotel Services Co. -Riyadh Palace Hotel, Saudi Arabia

Manufacturing Chemicals
* Shell Chemical, Pernis, Netherlands www.shell.com
* Resolution Performance Products, Houston, Texas www.resins-versatics.com
* Arabian Danish Paint Company, Middle East
* International Paint Middle East, Middle East

Manufacturing Industrial
* Stewart Warner Instrument Corporation, Chicago, Texas and Mexico http://www.stewartwarner.com
* National Factory for Glass Industries, Middle East http://www.zoujaj.com
* Saudi American Glass Company, Saudi Arabia http://www.skyscrapers.com/english/cd/co/?id=111814

Manufacturing Textiles
Dale Tile International, Monterrey Mexico

Mining/Natural Resources
* Arabian American Development Company Co, Middle East

Real Estate: Commercial Property Management:
* Hines, Houston, Texas www.hines-ww.com
* PM Realty Group, El Paso, Texas http://www.pmrealtygroup.com

Telecommunications
* Williams Communications, Houston, Texas http://www.williamscommunications.com/
* Digital Natcom, Middle East http://www.natcom.com.sa/people_at_natcom.htm