PROFESSIONAL EXPERIENCE

Confidential,Venezuela.

Company Controller and SAP Implementation Leader
Major Duties and Responsibilities as SAP Implementation Leader:

• Manages business development
• Assists with the qualification of opportunities provided by the Company / account teams
• Assists with defining scope, determining resource requirements and timeframes for delivery.
• Assess risk and determine mitigation strategies.
• Managing project financials including P & L
• Manages project to meet or exceeds approved project budgets
• Provides leadership to project team by setting direction and priorities for the project
• Mentors and encourages skill development of project team members
• Provides performance and development reviews for team members
• Presents project status and forecast to Company Directors
• Approve all Configuration of the core modules:
• Purchasing - MM
• Inventory Management - MM
• FI Module including: AR, AP, G/L, Fixed Assets
• SD - Sales Distribution
• Controlling
• Project Service

Confidential

• Monitoring of Accounts Receivable aging Report and Collecting
• Prepare and Control Company Branch Budget
• Prepare Financial Statements Reports, Including Revenues, COGS, and Expenses & FOP and Balance Sheet Commented for monthly variances.
• Review and Post Exchange Rate Differences at the End of the Month in USGAAP bases (FASB 52).
• Identify development opportunities consistent with the aims of the organization and the operating environment.
• Review and Approve monthly Accruals and Provisions
• Prepare and review Company Cash Flow
• Analysis and decision maker on Bank Loans
• Review and Update Company Policies and Finance Procedures
• Persue and finding of any potencial Fraud.
• Deal and Assist External Audits.

Confidential,
Finance and Administrator Manager January 2010 - June 2011

• Manage and Control Inventory and Fixed Assets Financial Operation
• Monitoring of Accounts Receivable aging Report and Collecting
• Prepare and Control Company Branch Budget
• Prepare Financial Statements Reports, Including Revenues, COGS, and Expenses & FOP and Balance Sheet Commented for monthly variances.
• Review and Post Exchange Rate Differences at the End of the Month in USGAAP bases (FASB 52).
• Identify development opportunities consistent with the aims of the organization and the operating environment.
• Review and Approve monthly Accruals and Provisions
• Quarterly and monthly Budget Review versus actual.
• Complete End of the Month Reporting in Hyperion according with Company Corporate Schedule. Prepare Journal entries in HFM to correct variances in all different modules: Inventories, Fixed Assets, A/R, A/P, Unbilled Accounts, Revenues and Expenses.
• Financial Reports issue in Smartview for variance analysis and reconciliations.
• Checking and reviewing of Intercompany Transactions, including Unbilled Accounts, Assets and Inventory Transfers.
• Review Inventory Provisions for Slow Moving, Obsolete and Lower Price Market.
• Monitor and ensure accountability for financial performance, processes, and policies.
• Ensure that assets, liabilities, revenues, and expenses for responsibility area are accurately reported and accounted.
• Ensure that budgets and financial performance are in accordance with business strategic initiatives.
• Lead and Manage External and Internal Audit for Venezuela and Trinidad & Tobago Operation, including:
• Coordinate the completeness of all Audit Requirements from Different areas of the Company: Revenues, COGS, Inventory, Fixed Assets, and Accounts Payables, accounts Receivables, Intercompany, Payroll, and Exchange Rate Differences.
• Suggesting improvement of audits, including but not limited to automated auditing and control self assessments
• Prepare Analysis in order to satisfy Audits requirements
• Perform follow-up activities with management to ensure the timely resolution of internal control and operational maturity deficiencies.
• Investigated handling of various transactions and accounts to bring out inefficiencies and fraudulent activities

Confidential,
JDE Implementation Leader September 2008 - December 2009

• Manage project activities in conjunction with JDE Region Project Manager
• Manage Operations Team members (Super Users) for task assignments
• Set strategies and Plan to coordinate all activities related to Classification of Inventories.
• Set up Business Units mapping with Legacy Systems Accounts.
• Logistic for all activities related to the Implementation Project like: Design Sessions, Super Users Training, CRP I & II, End Users.
• Identify Data Owners and coordinate data validation activities
• Monitor all Issues and Task to be completed related to all different modules implemented
• Support all local operation and different product lines after GO LIVE

Confidential,Internal Control November 2007 - September 2008

• Special Project to reconcile the Fixed Assets and DD & A Accounts
• Develop procedures and internal controls based on SOX methodology for the next business areas:
• Procurement - Supply Chain
• Accounts Payables
• Treasury
• Sales and Cash Receipt
• Inventory
• Closing Process
• Fixed Assets
• Allowance
• Payroll

Confidential, Venezuela
September 1997 to October 2007
Capital Investment Budget Controller and Administrator (February 2007 - October 2007)

• Support to Drilling, Reservoir, Construction and Engineering Departments.
• Capital Budget execution and control.
• Global operational and administrative consolidation reporting to top management level.
• Budget control and handling. Budget execution for operation areas.
• Controlthe execution of the Upstream Budgets for CAPEX ($155.1MM)
• Coordinate and participate in the preparation of short and long term financial forecasts
• Coordinate and participate in the Annual Business Plan processes.
• Perform investment appraisal on new projects.
• Analysis of variations between monthly Forecast versus Actual

Inventory Accountant(March 2005 - January 2007)

• Designing of spreadsheets to calculate the extra heavy crude oil, naphtha, blend (extra heavy crude oil and naphtha), intermedial products and sub-products (heavy syncrude, light syncrude and gas oil) final inventories and volumetric reconciliation
• Calculating and booking of extra heavy crude oil production cost and sub-products (light syncrude, heavy syncrude and gas oil); barrels of production per day: 120,000 Production
• Calculating and booking of the extra heavy crude oil cost of goods sold and sub-products (light syncrude, heavy syncrude and gas oil)
• Analyzing and calculating real cost of goods sold variance against forecast
• Reconciling final inventory volume against SAP entries
• Developing, updating and preparing procedures for inventory crude and materials valuations
• Designing of SOX Matrix of Risk and Flowcharts for Inventory Crude and Materials processes for SOX Certification purposes
• Leading and coordinating physical counts of inventory
• Analyzing and booking of material price changes (SAP Material Ledger Module)
• Reconciling and analyzing differences in materials physical counts
• Performing and booking of materials price test (market price versus SAP materials average price)
• Performing and booking of materials obsolescence and low movement provision
• Booking of expenses for materials freight and duties
• Analyzing the liability accounts (Good Receipts / Invoice Receipts Account) and booking adjustments for difference between Billed and Receipt.
• Preparing inventory statistics for management
• Calculating and booking of Materials Declared Surplus and loss provisions

Intercompany Coordinator(September 2003 - February 2005)

• Designed and implemented a procedure for handling, booking, and approving all the intercompany charges
• Designed a SAP report for all Expatriates assigned for United States and Venezuelan tax purposes
• Booked payroll and reimbursable expenses
• Reviewed and coded intercompany billing
• Generated and reviewed reports for internal control purposes
• Supported company controller by reviewing and updating all finance procedures; performed internal audit in the accounting department; and handled disbursement processes

Corporate Accountant (February 2002 - September 2003)

• Calculated and booked exchange rate gain and loss
• Calculated, booked, and reconciled long and short term debt accounts
• Consolidated financial statement for Petrozuata and affiliates
• Book ing and reconciliation of significant variances analysis of Selling and Administrative Expresses Distribution.
• Analyzed and reconciled intercompany accounts
• Created and administered Company Master Accounts

Inventory Accountant (January 2000 - January 2002)

• Develop and issued procedures for inventory control, accounting, and periodic physical inventories
• Reconciled inventory accounts for materials and crude ($141MM)
• Developed and prepared monthly management reports regarding inventory levels, including an analysis of significant variances
• Classify and book down-hole drilling equipment into capital and expense accounts
• Planned, coordinated, and participated in periodic physical inventories in both company and third party warehouses
• Calculated, analyzed, and accounted for monthly lifting costs

Payments Coordinator(December 1998 - January 2000)

• Analyzed and forecasted cash requirements associated with $2.1 billion extra heavy oil project and on-going operations
• Posted all payment transactions in SAP
• Reconciled VAT and withholding tax accounts
• Prepared aging reports and analyzed unpaid items
• Reconciled corporate bank accounts

Accounts Payable Analyst(January 1998 - December 1998)

• Reviewed invoices to ensure compliance with Venezuelan tax law, confirmed existence of properly authorized purchase orders or contracts, and posted invoices into SAP accounting system
• Reconciled withholding tax account

SAP Implementation Team(September 1997 - December 1997)

• Implemented SAP as new operative system for accounting department
• Reconciled assets, banking, tax and liability accounts from Legacy System to SAP system and input all initial balances for new SAP accounts
• Booked and reconciled all the accounting operations during the transition period from Legacy System to SAP

Confidential,Venezuela
Accounts Payable Analyst January 1996 to September 1997

• Reviewed invoices posted by accounts payable clerks
• Ensured existence of vendor bank account data, proper accounting for withholding tax, and compliance with Venezuelan tax law
• Followed up to ensure payments were made on all posted invoices
• Reconciled corporate bank accounts and forecasted funding requirements

Resume for Gustavo Guevara
Addendum

SKILLS
Computer Software: Microsoft Excel (advanced), Microsoft Word, Microsoft PowerPoint, SAP (R/3 & 4.5 - certified)
Assigned as SAP Power User for Finance and Material Module
Bilingual (Spanish/English) - read, write and speak

TRAINING
SAP ( R/3 & 4.5 - Interprise)

• 710 Maintenance Notification
• 720 Maintenance Work Order.
• 300 Inventory / Warehouse Overview.
• 320 Warehouse Management
• 315 Inventory Management II (Physical Count)
• SAP 251 External Services Management
• SAP 1000 Cost Controlling
• SAP 1010 Cost Master Data Maintenance
• SAP 1020 Planning Processing and Revaluation
• SAP 1030 Processing Settlement
• SAP 1040 Cost Reporting
• SAP 1070 IM Overview
• SAP Material Ledger
• SAP A/P and A/R Module
• SAP D45FI Financial Accounting
• SAP Automatic Payment Process
• SAP PS and Project Management Overview
• SAP Business Warehouse

ADDITIONAL TRAINING/SEMINARS:

• Petroleum Fundamentals, University of Texas at Austin Division of Continuing Education.
• Elementary Drilling, University of Texas at Austin Division of Continuing Education.
• Oil and Gas Accounting, instruction provided by Conoco Inc.
• The 7 Habits of Highly Effective People, instruction provided by Conoco Inc.
• Target Development, instruction provided by Conoco Inc.
• Duty Process for Oil Projects, instruction provided by Aduanera Transmundial.
• Inflation Adjustment for Financial Statement, instruction provided by Espinheira Sheldon y Asociados.
• International Accounting Principles, Deferred Taxes, instruction by Espinheira Sheldon y Asociados.
• Process & Procedures Elaboration.
• Time Management Course
• Team Building
• Withholding Tax Reconciliation
• NIIF - NIC Updating and Application
• Upgrading, Refination and Economy Seminary for Heavy and Extra Heavy Crude Oil by Baker Oil Tools.
• SOX 2006 - Internal Audit
• Updating of International Financial Information Rules (NIIFS - NIC) Spinheira Sheldon y Asociados
• Leadership and Excellence: Key for a Service Organization Success
• Budge Control and Formulation (IESA - Caracas)
• Skills Training for Enterprise Excellence (Weatherford - Venezuela)