Sales Project

DENNIS K. LAFFIN, MBA, CPA

**** *. ******** ****** *: 918-***-****

Broken Arrow, OK 74012-9177 C: 918-***-****

abnqn7@r.postjobfree.com

PROFILE

Experienced, cost-conscious and detail-oriented finance professional, with a strong work ethic.

Productive team member and individual contributor with ability to work well at all levels of the

organization. Willing to travel and relocate.

Expertise includes:

• Designing, developing, and implementing sophisticated spreadsheet models for use in the economic

evaluation of corporate capital projects, budgets, long range plans and other special projects.

• Booking asset acquisitions and dispositions in asset module of SAP.

• Excellent written and verbal communications skills.

• Sound working knowledge of probabilistic, discounted cash flow concepts, and corporate taxation.

• Proficient in the use of SAP, Excel, Crystal Ball, PEEP, D-Tree, Word, PowerPoint, Outlook, and

the Internet.

EXPERIENCE

CONOCOPHILLIPS COMPANY 1997-2009

Senior Staff Analyst – Upstream Fixed Assets Accounting, Bartlesville, OK, 2002-2009

• Booked upstream property acquisitions and dispositions in the SAP-based fixed assets

accounting system. Initiated reports to communicate gains and losses to corporate staff. Served as

integral part of corporate acquisitions and divestitures team that averaged eight to ten transactions per

year with sales proceeds or acquisition costs in the $3 million to $200 million range.

• Monitored and made correcting journal entries to corporate cash flow transaction system.

• Monthly closing schedule duties included capital accrual entries and account reconciliations.

• Reported upstream U.S. Lower 48 capital expenditures totaling $2 billion annually and was

commended by outside auditors (Ernst & Young LLP) for consistently accurate reports.

Senior Analyst – Investment Appraisal, Houston, TX, 2001-2002

• Prepared economic analyses used in obtaining Conoco Board of Directors approval for

investment in the Magnolia Field (gross investment of approximately $600 million).

• Used probabilistic spreadsheet modeling skills and knowledge of corporate taxation to make

significant enhancements to existing corporate economic evaluation models for the Magnolia Project.

Operating Unit Analyst, Lafayette, LA, 1997-2001

• Received special awards and recognition for performing economic valuations of producing

properties in areas of responsibility, for assisting other asset teams with their economic analyses, and

for mentoring new hires.

• Coordinated all financial operations for nine offshore and onshore producing properties for the

Gulf Coast Asset Team.

• Provided timely decision support services to engineering staff to determine economic viability of

drilling projects using discounted cash flow and risk analysis concepts.

• Developed long-term operating unit plans, short-term budgets and cash flow forecasts.

• Selected to serve as Finance Section Chief on the North American Incident Support Team, the

Conoco emergency response team for environmental incidents.

CRAWFORD & COMPANY (THE CORNERSTONE GROUP) – Various Locations 1995-1997

Senior Project Accountant – Emergency Response Team

• While on assignment in South Carolina, used contractual interpretation skills to save client

several hundred thousand dollars on contractor invoices.

• Analyzed business interruption claims and recommended settlement amount to attorneys and

adjusters.

• Provided cost containment services for oil spills, pipeline ruptures and other environmental

incidents.

DENNIS LAFFIN, MBA, CPA PAGE TWO

EXPERIENCE (continued)

PHILLIPS PETROLEUM COMPANY 1981-1995

Decision Support Specialist – GPM Gas Corporation, Houston, TX, 1994-1995

• Prepared monthly and quarterly subsidiary operating statistics reports for parent company senior

management and board of directors.

• Reviewed field operating unit capital investment requests for proper use of discounted cash flow

evaluation techniques and measures of merit such as NPV, IRR, DCFROR and EVA.

Materials Management Specialist – GPM Gas Corporation, Houston, TX, 1993-1994

• Procured steel line pipe and other materials and services in support of field operations.

• Reduced cost of steel line pipe by 5 to 10 percent by initiating, developing and implementing a

bid evaluation methodology and related spreadsheet model which improved vendor cost

comparisons.

Business Development Specialist – GPM Gas Corporation, Houston, TX, 1992-1993

• Developed profiles and performed analyses of potential acquisition candidates and customers.

Planning and Development Specialist – Phillips 66 Natural Gas Co., Bartlesville, OK, 1991-1992

• First employee with non-engineering background to be promoted to this position.

• Initiated an analysis of the proposed “Carbon Tax” which demonstrated a severe, negative impact

on Phillips coal mining operations. Phillips Washington, D. C. legislative staff used the analysis to

demonstrate negative aspects of the tax to members of Congress.

• Coordinated development of subsidiary strategic plan and capital expenditure budget.

• Served on corporate task force to revise and implement project justification guidelines.

Contract Administrator – Phillips 66 Natural Gas Co., Bartlesville, OK, 1986-1990

• Transferred to gas processing subsidiary in major downsizing of Phillips Coal staff, but

continued to support coal operations with economic analyses in addition to regular duties.

• Administered gas sales contracts for gas processing plants in Texas and Oklahoma.

• Represented Phillips Petroleum in college recruitment activities and assisted in development of

training program for new hires.

Senior Financial Representative – Phillips Coal Company, Richardson, TX, 1981-1985

• Performed economic analyses on existing and prospective lignite mining properties, working

closely with engineers on mine planning staff.

• Supported marketing staff in negotiations for sales contracts and joint venture partnerships.

• Developed new spreadsheet models for economic and financial analysis and made enhancements

to in-house economic evaluation software.

EDUCATION AND PROFESSIONAL AFFILIATIONS

CPA - Texas Certificate No. 21321 & Oklahoma Certificate No. 9349;

Licensed to practice publicly in both states.

MBA - Emphasis in Finance and Accounting, Southern Methodist University, Dallas, Texas.

BA – European History, Southern Methodist University, Dallas, Texas.

Member of American Institute of CPAs and Oklahoma Society of CPAs.

“Basic Petroleum Geology for the Non-Geologist” course, The University of Tulsa.

“Economic Evaluation & Investment Decision Methods” course, Colorado School of Mines.

Numerous continuing professional education classes in tax and financial accounting.

Treasurer of homeowners’ association.

Conversant in German.

Contact this candidate