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

AREAS OF EXPERTISE

Former Big 4, Bilingual, CPA, MBA over 15 years of international experience gained in the US and overseas with substantial strategic, financial, and management experience. Strong leadership and analytical skills, exposure to complex business structures, SOX, external and internal audit functions for multi-national companies in US and worldwide.
SUMMARY

Global Business Management   

Transformation Leadership

Over 10 years of Oil & Gas Experience

Worked in over 10 different countries

Marketing/business development aptitude     

High degree of self-confidence and empathy

Entrepreneurial spirit with a strong work ethic                  

Competitive drive and achievement oriented

Diverse Portfolio of Clients in Different Industries          

Cross Culture Diversity

Energy Trading and Enterprise Risk Management

 

Project Management / Process Mapping

Financial / Operational Audits          

Post Merger Integration

Re-Engineering Business Processes (Six Sigma)

Special Projects / Staff Development

Global Consolidation- US GAAP/ IAS                   

Month End Close, OTC, Variance, Ratio

Effective Oral / Written Communication Skills

Cost Management / General Accounting

ERP System Evaluation (SAP, Oracle, PeopleSoft)

 

Sarbanes-Oxley (404) Compliance        

September 1998 to Present. Hani Nouval, CPA Business Owner -Independent Financial Consultant
Following are summary of major projects I contracted and managed.
Nov 2004 to June 2007, British Petroleum (BP Plc), Global Internal Control Advisor

*  Managed and supervised various major processes in IST Trading (Oil, Power, and Gas), Credit, MTM, Enterprise Risk Management, Scheduling, Product Movements, OTC, PTP, Inventory, IST front, middle and back office, Oil Prices, Price Curve, Accruals, Month End Close, and GFO for over $ 100 million exposure to ensure compliance with SOX standard for North America Gas & Power (NAGP), Oil America (OA) –Crude Oil Marketing (CAM), NGL Canada, and E&P Houston GOM.

*  Advised FC&A DCT on $ 40 million ONENGL Project– (SAP, BW, and other ERP accounting applications) to strength process improvement efforts across NGL North America, and coordinate annual audit activities. Engage with project teams to ensure that all delivery of changes is validated in accordance with COSO; COBiT. Resulted in 100 % compliance and reduction of cost of compliance more than $ 200 K for NGL business unit.

Baker Hughes-INTEQ, Sarbanes Oxley Consultant, United Kingdom and Norway, January to July 2004.

* Supervised and managed Sarbanes-Oxley 404 implementation and investigation activity over several major risk processes with more than $ 10 million exposure in North Sea operation (I.e. BH corporate, PPE, Inter-company, revenue, fluids and OTC) Resulted in 100 % compliance and reduction of cost of compliance more than $ 100 K for UK and Norwegian business unit.

* Reviewed policy and procedure documentation (narrative and flowchart), risk quality assessment, remedy audit activity with regional controller, and supported the internal audit director in the development and execution of internal control audit plan.

Protiviti Litigation Service, Fraud, Risk and Financial Analyst (August to December 2003)

* Developed lost profit analyses and complex financial models, as well as comparative and pro forma analyses. Reconstructed financial statements and records using forensic accounting techniques.
* Interacted closely with counsel and company representatives to gather and analyze information, Identify information related to key damage issues, interpret and explained the underlying financial aspects of an engagement to enable counsel to adequately understand the relevant business issues resulted in discovering duplicates payments and costs overcharging by more than $10 million.

August 2002 to February 2003, Ondeo Nalco Energy Services, subsidiary of SUEZ, Global Financial Consolidation Manager

* Supervised financial systems conversion including migration of archived financial data from legacy system (SRC) to CARAT for the year 2002. Managed the corporate consolidated financial with its subsidiaries in USA, Canada, Argentina, Brazil, Colombia, Mexico, Venezuela, Netherlands, Norway, France, UK, Spain, Germany, New Zealand, Russia, Egypt, Saudi Arabia, United Arab Emirate Japan, Singapore, Malaysia, and Australia.

* Oversee the close process and resolved month-end issues as well as the global balance sheet reconciliation process, researched and resolved technical accounting issues, perform due diligence for business development projects resulted in reduction of implementation cost by fifty percents.

June 2000 to June 2002, the Royal Dutch/Shell-Resins, USA, Netherlands, United Kingdom and Spain, Global Financial Consolidation Manager

* Team lead, supervised five mangers and four consultants to design and develop preliminary global financial consolidation process, tasks, workflow, and reports for a $ 40 million global project. Designed, plan, and coordinate efficient closing process to reduce the monthly closing time cycle through implementation of SAP (FI, CO, BW) Management information structures to improve transparency of monthly reporting. Also, ensure that monthly cost information is timely, accurate and meaningful to the business; supporting ad-hoc finance initiatives. Resulted in reducing the global consolidation closing by five days, and increase the work efficiency by seventy percent. Eliminated over 30 administrative hours weekly by designing web-Excel template interface that standardized and automated inter-company reconciliations regarding the group's global consolidations.

* Offered an array of consulting 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 to the CFO office, global and regional controller, finance, and IT delivery services for subsidiaries in USA, Netherlands, Belgium, Spain, Italy, Germany, France, Switzerland, Singapore, Australia, and Japan.

September 1998 to May 2000, Various Financial Consulting Contracts

* Provided financial advisory for Initial public offering (IPO) for Universal Compression, 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 stock price has risen 44 percent since it went public in May at $22 a share.

* Participated in preparation of the proposed initial public offering (IPO) of Williams Communications (WCS) and to perform a general clean up of financial consolidated accounts, including account reconciliations, and resolution of system issues, as the company transitions to SIMS and PeopleSoft. The public offering raised $680 million and was priced at $23.

* Engaged as Interim Director of Financial Reporting for Cooper Heat-MQS, a multinational industrial company founded in Southport, England in 1958, to consolidate the company’s financial statements of US continent with overseas affiliates in Canada, Mexico, Venezuela, Trinidad, and South Africa according to US GAAP (FASB 52). Works resulted in reducing the global closing by 10 days, and increase the work efficiency by eighty percent.

* Performed economic and finance studies for 800 operated wells by Edge Petroleum Corporation is independent Energy Company engaged in exploration, development, and production of oil and natural gas.; the objective of the study is to determine the feasibility of the prospects net cash flows over the company’s estimate proved reserve. The study resulted in selling of several non- economic operated wells to increase the company’s overall operating cash flow by 25 percent.


September 1996 to 1998     Deloitte & Touche LLP Houston, Texas- Audit Manager

*  Participated in Initial Public Offering (IPO) for group of companies over USA continental. Participated in analyzing contracts revenue and costs for a purchased company in Washington, DC. Performed external audit in testing loans, swaps and financing transactions, and environmental remediation liabilities according to SOP 96-1 for New York Uniform Partnership acquire refineries, marketing facilities, and Joint Venture.

*   Fraud charge brought by the U. S Customs Services against Multi-National company in USA & Mexico, work performed in Monterrey, Mexico includes extracting, sorting, summarizing, and analyzing costs, production and sales data from the clients data base.

*   Worked as a team lead in a systematic Medicare fraud brought by Federal investigation against the largest health-care provider of the nation in its Medicare-billing practice and home health-care operations. Work performed includes coordination with Engagement Risk Services (ERS) team to extract required data from client database, evaluate internal control and computer application systems for material misstatements. In December 2000, the Nashville-based Corporation known as the Health Corporation of America (HCA), agreed to pay the government $745 million to settle charges of fraudulent billing to Medicare and other government agencies.


March 1994 to March 1996, Deloitte Touche Tohmatsu International, Riyadh, Saudi Arabia Financial Consultant Manager

*   Managed $ 2 million project to design and implement financial, accounting, and management information systems for $ 100 million revenue group holding company. The object of the project was to design and develops reports to the managing directors to mange the group in day to day basis. The company is involved in various diverse industries, such as: manufacturing, retail distribution, and construction.  This project involved extensive root cause analysis techniques and process mapping and reengineering. The project was completed three months before the deadline resulted in accelerated profit margins by 30%, and cut expenses by $5M.

*   Participated in $ 10 million purchase investigation assignment. The objective of said assignment was to assist the purchaser in determining fair selling price for many gas stations, provide an analysis for past results and make projection on future performance.


August 1990 to August 1994, Price Waterhouse Riyadh, Saudi Arabia, Senior Auditor

*   Audit experience in various companies in diverse industries such as oil and gas, mining and exploration, technology, aircraft, communications, construction, chemicals, hotels, hospitals, pharmaceutical, insurance, agriculture, and advertising.

*   Participated in crisis claim reports submitted to a multinational oil & gas Saudi Arabian Company for inclusion in their $ 3 billion claim to the United Nations for losses incurred as a result of invasion of Kuwait by Iraq.


QUALIFICATIONS
  • MBA Global Business Management, University of Houston, Accredited by AACSB International, Dec 2005, GPA 4.0
  • USA Certified Public Accountant CPA, Texas, Nov. 1994.

  • February 1990, Bachelor degree, major in accounting with a second class honor, GPA (4.43/5), College of Administrative Science, King Saud University, Riyadh.
  • Currently pursuing a second MBA in Global Finance major with the University of Houston-Victoria, Expected to gradate fall 2009.

PROFESSIONAL AFFILIATION
  • MAGNA-CUM-LAUDE, the National Scholars Honor Society.
  • Beta Gamma Sigma (BGS) International Honor Society
  • Phi Kappa Phi
  • American Institute of Certified Public Accountants.
  • Texas Society of CPA, Houston Chapter
  • Institute of Certified Management Accountants, Houston Chapter.
  • American Management Association

COMPUTER SKILLS
  • SAP (R3, FI, CO, BW, AP, AR, FM, GL, TR, B2B, MM)
  • PeopleSoft's Financial Management Solutions/ Enterprise Internal Controls Enforcer
  • Energy Trading (ET) Front Office System (FOS) (NUCLEUS, Energy Trading (ET) Credit Risk, ET Deal, CACTIS, NYMEX) POWER/EPSILON
  • CARTESIS, CARAT (Financial Consolidation Software)
  • Audit Command Language (ACL) and Folio Views Flow Chart
  • Microsoft Office, Word, Excel (Macros, Visual Basic, complex financial module), Access, Power Point and Microsoft Projects
  • Axentius/ Open Pages/ CAT

LANGUAGES    English, Arabic (spoken and written)


Daily FX Currency Spot & Forward Rates Direct Foreign Investment
global Mergers & Acquisitions information International Country Risk International Finance Center

BP Global American Petroleum Institute Oil World
COSO Sarbanes-oxley AICPA

Bureau of Economic Analysis Cpa Directory American Management Association
Houston Business Financial Mangement Network SEC EDGAR Database