PHONEMANY KEOMAHAVONG

Financial Manager

Ms. Phonemany Keomahavong is the Financial Manager at ESL, bringing over 25 years of expertise in financial management and accounting. She holds certifications in Finance and Accounting from the Ministry of Finance and the Ministry of Education in Lao PDR, complemented by additional training in computer applications and cleaner production. Proficient in Microsoft Office and skilled in financial analysis, Phonemany is a critical asset to ESL, ensuring seamless project financial operations and compliance. 

Her professional journey spans roles at ESL, Esso Public Co., and KPMG Construction Co., where she managed financial operations, budgeting, and analysis. Since joining ESL in 2006, Ms. Phonemany has contributed to the financial administration of numerous high-profile projects, including hydropower, transmission lines, socio-economic studies, and environmental impact assessments (EIA/IEE) across Laos. 

Key Expertise 

  • Financial Reporting & Analysis: Proficient in preparing detailed financial statements, balance sheets, and income statements. 
  • Tax Compliance: In-depth knowledge of local and international tax regulations to ensure full compliance and optimal tax strategies. 
  • Budgeting & Forecasting: Skilled in developing realistic budgets and forecasts to support business growth and financial stability. 
  • Audit Preparation: Strong ability to prepare for internal and external audits, ensuring transparency and accuracy in financial records. 
  • Attention to Detail: Meticulous approach to financial data, ensuring accuracy and preventing discrepancies. 
  • Technical Tools: Proficient in Microsoft Office Suite and experienced in using platforms like other industry-standard accounting tools. 

Professional Experience 

  • 28 years of experience in accounting in private companies. 
  • manages day-to-day accounting operations, including budgeting, auditing, and maintaining accurate financial records. Her role encompasses preparing financial statements, overseeing compliance with tax regulations, and providing strategic insights to support business decisions. 
  • ensures efficient financial workflows and collaborates closely with management teams to optimize company performance and maintain fiscal integrity. 

Highlighted Projects 

  • Sepon Far Western Prospects Project (2024) – Lane Xang Minerals Limited 
  • Luang Prabang Hydroelectric Transmission Line Biodiversity Survey (2024) – AFRY 
  • Household Income Survey for Milestone Effective Date +10 years (2024), +8 years (2022), +6 years (2020) – Xe-Pian Xe-Namnoy Power Company Limited (PNPC) 
  • Green Climate Fund Microproject (2023) – Environment Protection Fund Office (EFP) 
  • Municipal Solid Waste Management Profiles Consolidation (2023) – WWF 
  • Feasibility Study on Ecolabel Development in Lao PDR (2022-2023) – GIZ Laos  
  • Phu Kham and Ban Houayxai Operations Socio-Economic and Health Survey Xaysomboun Province, Lao PDR (2022) – PhuBia Mining 
  • Data Collection and Preparation of Action Plan on Toxic and Hazardous Waste Management in Lao PDR (2022) – Environment Protection Fund (EPF) 
  • Health Impact Assessment (HIA) for Sun Paper Holding Lao (2021), Sewer and Wastewater Treatment Project (2022) 
  • Review of ESIA Report of the Phou Ngoy Hydropower Project (2021) – CEWA Co., Ltd. 
  • Mine Closure Plan Document Preparation for Kaleum Coal Mine Development (2020) – PSG 
  • Feasibility Studies for several Smelting and Cement Plants (2019–2020) 

 Achievements 

  • Successfully managed over 50 environmental and social consulting projects across diverse sectors.   
  • Streamlined Financial Processes: Implemented an improved accounting system that reduced reporting errors and enhanced monthly closing efficiency. 
  • Regulatory Compliance: Ensured 100% compliance with national tax regulations and financial standards, successfully passing multiple external audits. 
  • Cost Optimization: Identified areas for cost savings that led to a reduction in operational expenses without affecting service quality. 
  • Team Development: Mentored junior accountants, enhancing team productivity and establishing best practices in financial reporting. 
  • Financial Reporting Accuracy: Consistently delivered accurate financial reports on time, supporting key business decisions and client project management.