Usman Shaikh
Pune
Summary
Director of Finance with over 25+ years demonstrated history of working with Oil & Gas Industry (Halliburton Energy Services Inc.). Skilled in Consolidation, Managerial Finance, JV setup and Accounting, LSTK Accounting, Treasury Function, FP & A, Internal Controls, Cost Analysis, Management Reporting. As a controller and trusted business partner was heading the Finance section with the annual revenue of $6B across MENA Region. Leading the Global Business Services (GBS) with over 600+ employees in India – Bangalore with the focus on creating customer centric, digitized end-to-end process flow across Finance & Accounting functions and geographics with the deep understanding of Industry dynamic.
Overview
28
28
years of professional experience
Work History
Director of Finance – Global Business Services
Halliburton Energy Services
Bangalore
01.2022 - 05.2024
- Leading the integrated services within Finance & Accounting activities (PTP, RTR, OTC, Payroll, GMD, etc.) in collaboration with Accenture for 90+ countries across the globe from Bangalore
- Delivered cost effective solutions, improved customer services, streamlined the operations by way of standardization and automation
- Monitored and reported on cost performance metrics and providing actionable insight
- Create alignment with other business units (Procurement, Logistics, HR)
- Collaboration with Executive Leadership as an integral part of quarterly financial input and strategic guidance
- Empowered and retained the best and the brightest in the organization.
General Manager – Eastern Hemisphere Business Support
Halliburton Energy Services
Dubai
03.2020 - 12.2021
- Successfully lead the team of 50+ employees managing Finance & Accounting activities (PTP, RTR, Payroll) across 30+ countries within Eastern Hemisphere
- Managed Treasury activities involving credit facility of $2B across several banks and was able to improve the cash flow and savings of $ 3M over the period on rates negotiations
- Internal Control, SOX Compliance for all countries under the preview.
Region Finance Controller – Middle East & North Africa
Halliburton Energy Services
Dubai
07.2017 - 02.2020
- Responsible for Financial Planning, Forecasting, Internal Controls, Operating results, Cash Management, Variance Analysis
- Analyzing the financial performance for the region with over $ 6B+ in annual revenue
- Guiding the team in developing the financial model for tenders keeping in mind the growth
- Part of Tender Review and Internal Control Committee
- Hiring the best quality mind and developing high performing team members
- Compliance with US GAAP and Local Laws.
Senior Finance & Accounting Manager – Saudi Arabia
Halliburton Energy Services
Al Khobar
02.2013 - 06.2017
- Responsible for overall Finance & Accounting activities for one of the biggest country globally in terms of Revenue & Margins for Halliburton, Internal Control (SOX, SEC Reporting, Local Statutory compliance, Policies & Business Practice)
- Business partner to Area VP
- Financial reviews, variance analysis across all Product Service lines, compliance with US GAAP, Inventory Management, Corporate tax, Forecasting, Help improve financial Metrix.
Senior Finance & Accounting Manager (New Business Venture, Oman & Southern Gulf)
Halliburton Energy Services
Dubai
01.2008 - 01.2012
- Was in Senior F&A position across several countries within MENA for over 5 years
- Overall responsible for Finance & Accounting of the country, Trusted business partner, cost control, Internal control, CFS, Alignment with Operations and other support functions
- Leading the group of 10+ employees in each of the country
- JV setup in Iraq for New business venture (Fuel Depot project), Camp & Catering operation setup, financial reviews of the project and advisor to Area VP.
Several Positions From Accountant to Accounting Supervisor
Halliburton Energy Services
Sanaa & Dubai
07.1999 - 12.2008
Accountant
Al Futtaim Motors Dubai
Dubai
04.1996 - 06.1999
- Responsible for General Accounting and month end close activities.
Education
Business Leadership Development I & II - Business And Managerial Economics
Texas A&M
Texas A&M07-2015
Diploma in Taxation Law - Taxation
Pune University
Pune - India03-1994
Bachelors of Commere - Finance And Accounting
Pune University
Pune - India03-1993
Skills
- Leadership
- Internal Controls
- Budgeting & Forecasting
- Variance Analysis
- Financial Reporting
- Cross Function collaboration
- Treasury Activities
- Strategic thinking
Accomplishments
- Overall, Winner of the Halliburton Finance Vision Award – 2015
- Certified trainer for “Delivering Financial Performance” program
- Several MVP (Most Valued Performance) through out the carrier in Halliburton
Personal Information
- Date of Birth: 03/22/1972
- Nationality: Indian
Languages
- English
- Hindi
- Marathi
Languages
English
First Language
Hindi
Proficient (C2)
C2
Timeline
Director of Finance – Global Business Services
Halliburton Energy Services
01.2022 - 05.2024
General Manager – Eastern Hemisphere Business Support
Halliburton Energy Services
03.2020 - 12.2021
Region Finance Controller – Middle East & North Africa
Halliburton Energy Services
07.2017 - 02.2020
Senior Finance & Accounting Manager – Saudi Arabia
Halliburton Energy Services
02.2013 - 06.2017
Senior Finance & Accounting Manager (New Business Venture, Oman & Southern Gulf)
Halliburton Energy Services
01.2008 - 01.2012
Several Positions From Accountant to Accounting Supervisor
Halliburton Energy Services
07.1999 - 12.2008
Accountant
Al Futtaim Motors Dubai
04.1996 - 06.1999
Business Leadership Development I & II - Business And Managerial Economics
Texas A&M
Diploma in Taxation Law - Taxation
Pune University
Bachelors of Commere - Finance And Accounting
Pune University
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