Greater Houston
Malik is a Senior Accountant Specialist at Kinder Morgan, primarily serving Oilfield in the midstream services. Malik also has experience in: - Finance Transformation & Audit Readiness - Business Continuity Management / Disaster Recovery - Business Process Assessments & Improvements - External Audit - Internal Audit - Bankruptcy Investigations - Contract Risk and Compliance
Baker Tilly CFO Advisory Group – Key Focus Areas - Financial Statement Development & Optimization – Assist companies in building, structuring, and refining financial statements to ensure accuracy, compliance, and strategic financial reporting. - Technical Accounting & Reporting – Provide guidance on complex accounting issues, including GAAP compliance, IFRS considerations, and financial disclosures. - Transaction Advisory & M&A Support – Assist with financial due diligence, valuations, and post-merger integration, ensuring smooth transitions and financial reporting alignment. - Process Improvement & System Implementation – Evaluate and enhance financial processes, optimize ERP systems, and implement best practices for efficient financial operations. - Derivative Accounting & Risk Management – Support clients with hedging strategies, financial instruments accounting, and derivative disclosures to manage exposure and compliance. - Strategic CFO Consulting – Act as a trusted advisor to CFOs, offering insights on financial strategy, capital structure, and overall business financial health. - Regulatory & Compliance Advisory – Ensure adherence to SEC reporting requirements, SOX compliance, and evolving financial regulations. - Forecasting & Financial Modeling – Develop robust financial projections, scenario analysis, and cash flow management models to guide strategic decision-making. - Revenue Recognition & Lease Accounting – Provide expertise in ASC 606 (Revenue Recognition) and ASC 842 (Lease Accounting) to ensure proper financial treatment and disclosure. - Audit Readiness & Internal Controls – Help companies strengthen internal control frameworks, prepare for audits, and address financial statement risk areas.
As the sole accountant and controller, I played a pivotal role in establishing and managing the financial infrastructure for Karbon-X, ensuring compliance, accuracy, and strategic financial insights. Key responsibilities included: - Financial Statement Development & Consolidation – Led the preparation and consolidation of financial statements across multiple currencies, ensuring seamless integration of global financial data. - Month-End Close & Reporting – Managed full-cycle month-end close processes, including reconciliations, variance analysis, and financial statement preparation. - Audit Coordination & Compliance – Served as the primary liaison for external auditors, providing documentation, addressing inquiries, and ensuring regulatory compliance. - Technical Accounting & Financial Operations – Oversaw key accounting functions, ensuring compliance with GAAP/IFRS. - CFO Advisory & Executive Collaboration – Provided strategic financial analysis and reporting to the CFO, supporting high-impact decision-making and business strategy development. - Multi-Currency Transactions & Treasury Management – Managed financial operations across various currencies, ensuring proper FX adjustments and consolidated financial reporting. - Process Improvement & System Implementation – Developed and implemented financial processes to enhance reporting accuracy, workflow efficiency, and operational transparency.
- Lead analysis for accruals project, and wrote business unit policy regarding the booking of accruals - Implemented process improvements that resulted in reducing the month end close cycle by 1 day - Addressed accounting policy matters, and provided guidance regarding application of accounting standards - Work with management to provide business, financial, and accounting leadership during the process of identifying, evaluating, and accounting for the two new accounting standards - Assisted in the formulation of 6 new SOX controls and segment policies to comply with legislation and established best practices
- Focus on Technical Accounting and Policy & Compliance - Review of contracts to assess ASC 842 lease impact - Performing analysis for SOX compliance - Development of controls for gaps identified