Head of Payable, Dragon Oil Turkmenistan Limited
Head of Payable | Dragon Oil Turkmenistan Limited • Turkmenistan • July 2012 - December 2016 Head of Payables Managed all activities in accounts payable function, developing, implementing, and maintaining systems, procedures, and policies to ensure adherence to company guidelines. Ensured timely payments of vendor invoices and expense vouchers and maintained accurate records and control reports. Key Accomplishments: • Led continuous process improvements, implementing computerized accounting system that decreased month-end closing tasks from seven to three days. • Managed quality improvements to invoice processing, integrating electronic data interchange system with supply chain management processes. • Met KPI criteria for 95% of invoices received and paid within 30-day terms; averaged 600 invoices monthly, with total invoice amount of more than $95M USD. • Finalized outstanding recoverable amount of $695k USD backdated from 2005; applied appropriate accounting treatment in 2016
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