Ethel J. Duncan

**** ****** ***** *****~ Missouri City, TX 77459

Home 281-***-**** Cell 281-***-****

E-mail: acqzuj@r.postjobfree.com

Objective: To provide my expertise and knowledge in oil and gas accounting in a challenging and rewarding work environment by being a key contributor and team player.

Professional Experience:

05/15/2014 – 11/15/2014 OXY Petroleum - Contract Revenue Accountant

Processed Oil, Gas, and NGL sales in an Oracle software application environment

Perform volume & value trend analysis and provide explanation for exceptions

Set-up and update Agreements when needed

Clear unidentified cash from outside operated properties that were not set up in Oracle

Other duties and responsibilities as assigned

01/26/1976 – 01/15/2014 EP Energy E&P Company, LLC (formerly El Paso Corporation and The Coastal Corporation)

Titles: Senior Accountant, Accountant, Staff Accountant, Junior Accountant, Accounting Assistant, Senior Accounting Clerk

Reconcile volumes against purchaser statements

Processed volume and contractual allocation for over 800 wells with 5 different contracts in the Rockies

Record and monitor prior period adjustments on a monthly basis

Gas Balancing Coordinator for the Revenue Department which includes the summary of gas imbalances and reserves, make-up gas, operated, non-operated and inactive wells, PDS Gas Balancing Website, and Gas Balance Settlements

Ensure Desk Procedures on the Gas Balancing and Gas Reserve Process are kept up-to-date

Provide training on valuation processes which include correcting contract allocation errors, creating journal entries, gas balancing, spreadsheet analysis, updating Y flags, ARMR processes, exception reports, roll-off report, and debit pay and debit suspense analysis.

Reconcile gas balancing balance sheet accounts for operated and non-operated wells.

Upload monthly reconciliations into the General Ledger system (ARMR) by the designated deadline

Provide necessary documents for external and internal audit requests

Implemented the process improvement for Utah Oil CA which saved approximately three work-days each month on contractual allocations due to different contracts

Prepared a Gas Balancing Presentation to the Revenue groups ensuring accountants understood the Gas Balancing Process

Responsible for reconciling and recording Gas Reserves and preparing yearly journal entry for all areas (i.e. Onshore, Texas Gulf Coast and Offshore)

Participated in the QRA Upgrade Testing – CA results to check total sales ties in TOW, RD Ultimate report for bookings and differences and Gas Balancing Exception report for issues

Research and resolve inquiries from Owner Relations in a timely manner

Communicate with both internal and external customers in a polite and appropriate manner

Evaluate current processes for improved efficiencies and identify and implement changes as needed

Process and post journal vouchers for revenue accounting transactions and communicate with Land Administration regarding Division of Interests

Work closely with Contracts and Production departments to improve pricing and volume allocation processes in order to reduce variances

Record monthly oil and gas revenues which included booking and disbursement of revenue and royalties

Analyze and reconcile crude and gas production receivables balances

Process prior period adjustments and prepare database PPN explanations

Use reporting tools to review and explain volume tolerances and variances

Participated in the parallel testing of the Premas system to the Empire system. Processed transactions in both systems which required overtime. Due to commitment in getting the testing done, implementation of Empire was successful.

Technical Skills/Training:

Microsoft Office/ Excel

Quorum Revenue Accounting (QRA)

Empire System

Premas Mainframe System

Cognos Impromptu Query System

Business Objects

PeopleSoft

Oracle/Discoverer

Education:

Wharton County Junior College

Personal Attributes:

Attentive to details and organization

Self-motivated and goal-oriented

Willing to accept responsibility and learn from mistakes

Possess a high level of personal and work ethics

Team Player

Good communication skills

Ability to identify, understand, prioritize, and complete complicated tasks

As a member of Team Ergo since 2005, I have attended several Ergonomics workshops and helped several co-workers in establishing proper work stations setups to help reduce injuries

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