Eddie Foong

Senior Business Analyst (IT function) for Shell Malaysia Upstream

• Demonstrate exceptional financial stewardship by consistently achieving nearly 100% departmental financial targets (Yearly target of MYR300mil) maintaining zero external audit findings and ensuring no value leakages to Shell in standard IT cost management.
• Proven ability to translate complex financial data into clear, actionable insights, fostering cross-functional collaboration for comprehensive Above Asset Cast reviews.
• Exhibit strong leadership qualities through proactive coaching and supporting, guiding team members through challenging work scenarios and driving collective success together.
• Strong advocate of team’s effort shown in OP22 by winning Year 2022 Finance EVP Award by implementing a single planning process anchored on the regulator’s requirement and only in affected updates to the base plan premised on business triggered events.

Impactful Improvement Projects

• Co-lead the T5 Master Data Team to deliver a sustainable solution for Shell Malaysia Upstream; mainly by introducing a fundamental change to the OEX WBS setup which has created a strong foundation for other scalable improvement initiatives.
• Demonstrated high-impact stakeholder leadership by engaging a wide spectrum of internal stakeholders, from operational teams to senior decision makers – ensuring alignment, buy-in, and smooth execution of change.
• Exhibited strong project leadership by deconstructing complex initiatives into focused workstreams enabling effective prioritization of resources and ensure timely delivery.

Critical Business Values

• Spearheaded the SMEP cost recovery initiative with Petronas since 2023, driving a remarkable turnaround from MYR 0 in 2023 to MYR 20 million in 2025, contributing significantly to the company’s bottom line.
• Successfully pulling together a cross-functional team across SMEP and SBO to deliver high-impact financial outcomes.
• Known for exceptional business acumen, negotiating skills and the ability to articulate complex technical matters to external stakeholders which enhances SMEP’s position as a trusted partner for future strategic growth.
• Led a cross-functional team to substantiate MYR 628mil Gumusut Deepwater Project investment tax allowance claims which work includes corrected asset misclassifications, validate legacy documentation to support historical claims and translated complex cost allocation models into clear financial narratives for local tax authorities.

Business Analyst for Shell Malaysia Upstream

• Finance Focal during the tail end of the development of Malaysia flagship deepwater project with a Capex size of $8bil in a complex operating environment dealing with multiple senior stakeholders both internally and externally.
• Successfully ensured financial governance and strategic continuity during the transition from project phase to asset operations, safeguarding long-term value creation.
• Second project was the beginning of a join development project (GoLaBa) operating in the first dual-operatorship PSC structure.
• Played a critical role in managing and operationalizing numerous agreements between the Operators which is essential to the successful GoLaBa Project
• Maintained high accuracy and diligence in financial reviews, ensuring alignment with contractual and operational requirements.

Critical Business Values

• Played a pivotal role as the lead for the non-technical claim in the Shell vs. GKL Arbitration case, which was successfully awarded in Shell’s favor.
• Spearheaded the submission of a substantial amount of USD 250mil claim related to logistics cost incurred between 2013-2015.
• Demonstrated strong financial leadership and strategic acumen by independently engaging and defending the claim before multiple external stakeholders, including arbitration experts, legal counsel, advisor and 3rd party auditors.
• Contribution was instrumental in securing a favorable outcome for Shell and showcased the ability to navigate complex financial disputes with clarity, confidence and credibility.

Financial Analyst for Shell Indonesia Upstream

• Versatile and result-oriented Finance Analyst with experience delivering month end financial reporting for a newly acquired upstream entity in Indonesia.
• Sole analyst supporting the entity and successfully transition financial data from spreadsheets into SAP, enabling automation and streamlined period end execution.
• Proved to be skilled in financial systems implementation, reporting accuracy and cross-functional collaboration within a newly created team.

Period End Analyst for Shell Malaysia Upstream

• Independent finance professional with hands-on experience supporting the end-to-end period end activities.
• Demonstrated exceptional accuracy and time management by creating thousands of WBS elements under tight deadlines as part of annual business planning.
• Contributed to Global Finance transformation initiatives by successfully implementing process automation for period-end processes.

Accounts Associate for 7 Shell Upstream Ventures in the Asia-Pac

• Responsible for managing Account Receivables for Shell Asia-PAC Upstream entities, debt collection and accuracy of Debtors Balance.
• Spearhead the migration of Upstream AR tasks to the Shared Service Organization, while having to manage stakeholders who are impacted.
• Ability to restructure the wider team portfolio post migration for operational efficiency and delivering impactful outcomes by reducing company’s bad debt.