Qasim Javaid

• Managed a portfolio of 300+ clients, ensuring accurate and timely billing and collection processes, leading to a 37% reduction in outstanding balances within the first year through streamlined billing procedures.
• v Acted as the primary point of contact for billing and collection inquiries, collaborating with internal and external business partners to resolve discrepancies and maintain positive relationships.
• v Proactively identified at-risk customers, coordinating with Sales, Management, and key stakeholders to implement effective receivables strategies.
• v Analyzed AR aging reports and customer requirements to identify trends, implement collection strategies, and provide tailored recommendations for structure, membership, and billing to support complex needs.
• Processed and reconciled daily AR ledgers, ensuring accurate posting of cash, check, and credit card transactions, resolving discrepancies, and addressing client billing issues.
• Resolved valid deductions, prepared process adjustments, and performed banking and financial tasks to maintain accuracy and guarantee exceptional service.
• Utilize financial software to prepare consolidated financial statements, internal and regularity reports, balance sheet and income statements.
• Established and monitored coding procedures, updated internal files, and supported the Financial Director with special projects.
• Analyzed aging reports and provided recommendations to improve collection efforts and cash management.
• Prepared and presented monthly financial reports to senior management, providing insights into cash flow trends and AR performance.
• Collaborated with cross-functional teams to resolve billing disputes, develop and implement process improvements, and increase customer satisfaction.
• Provided exceptional customer service by addressing client inquiries promptly and professionally.
• Partnered with sales teams to develop customized payment plans for high-value clients, fostering long-term business partnerships.
• Prepared and processed journal entries to record in general ledger and maintain consistent documentation.
• Participated in internal and external audit processes to establish accurate financial records and comply with Generally Accepted Accounting Principles and regulatory requirements.
• Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.

• Processed high-volume invoices accurately and efficiently, ensuring adherence to revenue recognition policies.
• Applied cash receipts, reconciling bank deposits and credit card payments daily.
• Proactively managed customer credit accounts, conducting credit checks and establishing credit limits.
• Collaborated with sales and customer service teams to resolve billing disputes and ensure customer satisfaction.
• Maintained detailed records of all transactions, ensuring compliance with internal controls and audit requirements.
• Assisted with month-end closing procedures, including journal entries and account reconciliations.
• Successfully implemented a new accounts receivable software system, increasing efficiency and accuracy.
• Consistently exceeded performance metrics for cash application and customer satisfaction.
• Identified and recovered $X in previously unapplied customer payments.
• Played a key role in the annual financial audit, providing accurate and timely information to auditors.
• Participated in internal and external audit processes to establish accurate financial records and comply with Generally Accepted Accounting Principles and regulatory requirements.
• Compiled general ledger entries on short schedule with 100% accuracy.
• Developed financial models to assess and analyze financial performance of clients.
• Cooperated with senior leaders to create operating budgets and initiate financial planning.

• Spearheaded the strategic direction and operational execution for three distinct business units, encompassing demand and supply planning, forecasting, inventory management, new product launches, and comprehensive business planning.
• Provided inspirational leadership and mentorship to a high-performing team of 100+ supply chain professionals. Cultivated a culture of collaboration, accountability, and continuous improvement.
• Managed all aspects of the supply chain lifecycle, from strategic sourcing and procurement of raw materials to efficient production planning and seamless final product delivery.
• Leveraged advanced analytics and demand metrics to optimize demand and supply planning processes. Forecasted raw material and inventory requirements with precision to minimize costs and maximize operational efficiency.
• Developed and nurtured strong relationships with key logistics vendors. Collaborated closely with vendor managers and warehouse operations managers to establish operational requirements and ensure seamless execution.
• Conducted in-depth cost analysis to identify cost drivers and implement cost control measures. Executed strategic initiatives to reduce freight costs and optimize overall supply chain expenditures.
• Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
• Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
• Partnered effectively with Operations Departments and contractors to analyze, allocate, and reconcile costs. Streamlined processes for accurate cost allocation and efficient back charge management.
• Ensured timely and accurate payment of invoices in strict adherence to contractual terms and company policies.
• Facilitated the seamless and efficient flow of information across the organization to support effective decision-making and business operations.
• Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
• Followed up with delinquent accounts to obtain funds and reduce aging balances.
• Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
• Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
• Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
• Managed outstanding balance amounts by evaluating reports and determining collection statuses.
• Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
• Enhanced quality and currency of financial information by overseeing revenue collection systems.
• Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
• Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance.

• Lead the development of comprehensive project quotations by meticulously analyzing Bill of Quantities (BOQs) within project tenders, factoring in material costs, and ensuring alignment with project requirements and budgetary constraints. Prepare detailed cost documentation throughout the project lifecycle.
• Collaborate closely with project teams to oversee project closeout procedures. Provide expert cost analysis for the finalization of contract completion certificates, project close-out reports, and lessons learned documentation.
• Maintain and refine the Project Work Breakdown Structure (WBS). Develop and manage project budgets in strict adherence to approved estimates and contractual obligations. Critically review and monitor project schedules, ensuring alignment with actual progress.
• Evaluate project timelines and proactively identify potential delays by rigorously tracking actual progress against established baselines. Collaborate closely with project planning engineers to maintain schedule integrity and optimize productivity.
• Spearhead negotiations with suppliers and contractors. Conduct thorough assessments and provide technical guidance on contract changes, ensuring compliance with contractual terms and conditions. Expertly estimate the financial impact of proposed changes.
• Analyze contract documents and correspondence to identify potential risks and claims. Develop well-supported responses to address inquiries and concerns from project clients, consultants, and subcontractors.
• Critically evaluate existing project documentation, tracking, cost monitoring, and record-keeping procedures. Provide recommendations to mitigate risks and enhance operational efficiency.
• Represent the organization in internal and external meetings with project clients, consultants, and subcontractors. Coordinate with management on operational activities that may impact contractual rights and obligations.
• Ensure timely and accurate payment of invoices in accordance with contractual terms, company policies, and industry best practices. Verify that payments align with agreed-upon quantities, quality standards, delivery schedules, and pricing.
• Support project teams in the development and implementation of Value of Work Done (VOWD) and Earned Value Management (EVM) methodologies. Provide expert oversight for the development, review, and monitoring of project schedules, integrating subcontractor and vendor schedules into the master program.
• Coordinated financial aspects of large- and small-scale projects with acute sense of budget constraints.
• Redistributed workloads where appropriate to alleviate pressure on team members and maintain equitable working environment.
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.
• Performed banking, business administration and financial tasks to guarantee five-star service for clients.

This project involved leading a high-performing team of 7-8 cost controllers, planning engineers, and document controllers across the UAE, Malaysia, and Iraq. As part of Weatherford, a global oilfield services giant with operations in over 100 countries and a workforce exceeding 50,000, I played a critical role in the financial management of a major EPCC (Engineering, Procurement, Construction, and Commissioning) project for PETRONAS CARIGALI IRAQ HOLDING B.V. in the Garraf field.

Project Highlights:

Scope: FEED, Detailed Engineering, EPCC of First Commercial Production (FCP) Facilities.

• Contract Value: $224 Million (initial) / $172 Million (revised).
• Responsibilities: Developed a robust project financial model encompassing Client Billing and Percentage of Completion (POC) methodologies for accurate cost and revenue tracking.
• Conducted rigorous monthly and quarterly reviews, analyzing actual project figures from Hyperion/JD Edwards against forecasts and budgets aligned with the agreed-upon project schedule and Work Breakdown Structure (WBS).
• Prepared and presented comprehensive monthly and quarterly project reports to Country, Regional, and Global Management, highlighting key performance indicators and financial health.
• Closely monitored project cash flow, ensuring timely client billing and receivable confirmations.
• Reviewed purchase orders (POs) and Authorization for Expenditure (AFEs) for all capital and project purchases, demonstrating a thorough understanding of contract types, measurement methods, and technical specifications.
• Developed and maintained detailed financial reports covering capital expenditure, planning & budgeting, billing & receivables, financial reporting, procurement, payroll, and cash flow management, empowering project managers with insightful cost analysis.
• Analyzed project close-out reports, providing expert commentary and contributing to lessons learned.
  Ensured full compliance with company policies, procedures, and local regulations in the UAE and Iraq, maintaining strict control over project expenditures.
• Oversaw timely payment of invoices in accordance with contractual terms and company policies.
  Collaborated with the Project Team to implement Value of Work Done (VOWD) and Earned Value Management (EVM) processes, ensuring consistent project tracking and performance measurement.
• Provided expert support to the Procurement Team in negotiations, contract change assessments, and compliance verification.
• Reviewed and monitored overall project planning and scheduling activities, including schedule risk analysis, progress tracking against milestones, and baseline comparisons.
• Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
• Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
• Managed outstanding balance amounts by evaluating reports and determining collection statuses.

This experience demonstrates my expertise in managing complex oil and gas projects, ensuring financial discipline, and driving successful project outcomes in challenging international environments.