Enrique Hernandez

PROFESSIONAL EXPERIENCE

Nabors Industries Ltd. (Reason for Leaving: Major Laid-off) 03/2014 – 02/2015

Project Accountant

Review POs and costs posted to project with managers to identify and correct miscoding.

Work regularly with project managers to review and update project financial forecasts.

Produce reports for Project and Senior Management reviews and Client Reporting.

Provide data to support client man-hour billings (T&M).

Tracks spend against particular assets to facilitate in the closures of AFEs.

Close AFEs for completed projects.

Maintain Up-to-Date cash flow forecast for projects.

Proactively assist with AFE management (revise/extend AFEs as appropriate).

Manage field personnel to ensure PRs are entered and coded correctly, items are received timely and T&M

invoices are reviewed for accuracy.

Ad hoc analytical and reporting tasks.

TMK IPSCO (Contract) 03/2013 –

03/2014

Staff Accountant/Asst. Sr. Cost Accountant

Supervision under Controller; assist Sr. Accountant in carrying out responsibilities for internal day-to-day

financial operations of the accounting department.

Prepare and post journal entry for month end close. Also play a key role in the due diligence effort to ensure

closing deadline of five business day is satisfied.

Complete monthly B/S reconciliations and Bank reconciliations along with Ultra intercompany reconciliations.

Verify and prepare monthly accrual journal entries related to A/P, Bad Debt, Prepaid Expenses, Property Tax, P-

Cards.

Prepare monthly TMK-Ultra direct Cash Flow report and Turnover/Sales/COS/Gross profit analysis to corporate

for reporting purpose.

Job costs analysis; WIP aging analysis; slow moving inventory analysis, inventory turnover.

Provide support for Audit request throughout year.

Maintain files and documentation thoroughly and accurately, in accordance with company policy and accepted

accounting practices.

Year-End Physical Inventory Audit at several locations – Houston, Midland/Odessa, Brookfield,OH.

Helix Energy Solutions Group, Inc. (Reason for Leaving: Assets sold – Laid Off) 12/2009 –

01/2013

Project Cost Accountant

Ensured analysis and understanding of the Project Contract, Scope and utilization of the Cost Control

System.

Prepared and established the Cost Breakdown Structure, and Budget Elements which describe the full

structure to be used in the Cost Control System and that align into the Work Breakdown Structure.

Conducted reconciliation of forecasted and actual expenditures.

Interfaced with the Project Financial Control to provide accurate cash flow forecasts and profit release

as well as to obtain the actual cost expenditures.

Participated on estimate of Variations Orders, prepare supporting data and documentation and

implemented validated VO budgets into the cost control system.

Participated on estimate of Variations Orders, prepared supporting data and documentation and

implemented validated VO budgets into the cost control system and prepare Close out Documentation.

Maintained Fuel Logs on a monthly basis.

Month End duties included booking of Dry-dock Amortization, CTC and CTCS for various monthly

projects, PP& E and Intangibles.

Reconciled CIP and Dry-dock ledger accounts against sub-ledger.

Created and maintained Vessel Utilization on a daily bases.

Set up and assigned new client project numbers, (ACE) capital expenditures and (AFE) authorization for

expenditures.

Populated, adjusted and maintained all ATBs/Cost Trackers for all client projects.

Reconciled ATBs at Month End, booked Accruals if needing.

Update RAW and ATBs on a daily basis for upper management to review.

Liaison between Project Managers and Procurement with project related costs.

Worked with Procurement in receiving open PO’s before month end deadline.

Assisted Controller with amortizing intangible assets, equipment and dry-dock for 2010.

Assisted in cleaning up 2010 ledger accounts.

Liaison between project managers and procurement with project related Purchase Orders/Change Orders.

Setup new projects and administered subcontract documentation, including change orders.

Effectively contact Project managers, regarding contract documents, change orders, along with other contract

modifications and any additional services associated with billing.

Make sure that month end finish due dates and confirming needs are met and project accounting report generation and

analysis are complete

Completed Journal Records and handle questions supporting project managers when incongruence’s arise.

Assisted the accounting team, as needs arise, random demands and projects

Cal Dive International, Inc./Horizon Offshore Contractors, Inc. 07/2000 –

11/2009

Cost Accountant/Project Accountant, 07/2002 – 11/2009 (Company shares bought)

Prepare monthly management reports.

Monitor budget vs. actual for Monthly Tie-Out process with Project Management.

Maintain work orders and purchase orders in order to ensure correct month-end accruals.

Reconcile Cost and Revenue from tracking GL.

Reconcile Direct Operating Expenses (DOE) as needed.

Booking JE in order to adjust books for FLASH.

Analyze Billings for potential omissions.

Knowledge of vessel status with working job and time frame for completion.

Serve as liaison between project management team and A/P in regards to invoices/payments.

Accounts Payable Specialist, 07/2000 – 07/2002

Match Purchase Order or Work Order from with vendor invoice.

Enter vendor invoices into accounting system for payment.

Reconcile vendor statements and provide assistance for Project Accountants.

Pull vendor back up for check writer and provide overall accounting support to assigned projects.

Percentage of Comp Amortization Tables Solomon Great Plains

Management Reports Cost and Revenue Excel JD Edwards

Cost Trackers/Schedulers Internal Audit and SAP Access

E&Y

Reconciliation Peachtree Bilingual

Journalizing

Variance Analysis Word

Oracle/Discovery

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