John Annand
John Annand
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Consulting Chief Financial Officer
at 88 Energy Ltd

Position: Consulting Chief Financial Officer

Dates Employed: Jul 2016 – Present

Location: Perth, Australia

Currently working as a consultant with 88 Energy Limited which is the Operator of both conventional and unconventional oil projects on the North Slope of Alaska. My role at 88 Energy includes the implementation of financial systems and processes to ensure compliance with the relevant joint venture agreements and reviewing key contractual arrangements to assist in developing joint venture management strategies. In addition, I have been mentoring staff to help them better understand the finance processes within their roles and responsibilities.

Key accountabilities include:
- understanding the various Project Icewine agreements in order to implement systems and processes to ensure that all material financial and reporting obligations are being met;
- mapping and amending the various financial processes across both 88 Energy and Project Icewine to ensure consistency allowing for more efficient financial reporting and analysis;
- the design and implementation of a monthly Project Icewine financial statement preparation process;
- the design and implementation of a Project Icewine cash call process; and
- the design and implementation of a cost recovery process for 88 Energy as Operator of Project Icewine

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