Manager Management

Jack Faubion

Email: *********@********.***

Address: **** * **** ****

City: Houston

State: TX

Zip: 77098

Country: USA

Phone: 713-***-****

Skill Level: Senior

Salary Range: $208,000

Willing to Relocate

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

Jack C. Faubion, CPA

4136 North Boulevard Park

Houston, TX 77098

713-***-**** (cell)

*********@********.***

EXECUTIVE SUMMARY

* Experienced financial executive in the energy industry.

* A founding Member of an E&P startup formed for the acquisition of producing properties.

* Extensive experience in bank financing arrangements for working capital loans and letters of credit, financial reporting including preparation of US GAAP basis financial statements, treasury, cash management, income taxes, internal controls and back office functions including historical cost and mark-to-market accounting.

* Experience in accounting and income tax planning and compliance for oil & gas drilling and production activities.

* Experience in federal and state income tax planning and compliance for corporations, partnerships, and high net-worth individuals.

PROFESSIONAL EXPERIENCE and ACCOMPLISHMENTS

Chief Financial Officer (2010 - present) for White Marlin E&P, LLC, an E&P startup, with responsibility for its organization, administration, finance and development of a comprehensive financial model for the evaluation of oil & gas properties and presentations to New York and Houston based private equity firms as well as other finance providers. Evaluated over 40 acquisition opportunities in Texas, Louisiana and the GOM before suspending operations concurrently with the decline in oil & gas prices in 2Q 2012.

Controller, Vice President Finance and Chief Financial Officer (1980 - 2010) for Vanguard Petroleum Corporation, a privately held energy firm trading natural gas liquids (NGLs) and producing oil & gas. At its peak, trading operations exceeded 90,000 barrels per day with revenues in excess of $400 million annually. Investments in oil & gas properties consisted of non-operated working and royalty interests in over 300 onshore wells in Texas, Oklahoma, Kansas and Louisiana.

Accomplishments

* Negotiated, closed and implemented a borrowing base loan agreement in the low eight figures for working capital loans and letters of credit with a regional bank following termination of a long-term relationship with a money center bank.

* Negotiated, closed and implemented a series of borrowing base loan agreements in the low to mid eight figures with a money center bank for working capital loans and letters of credit during the difficult post-Enron period and the period of rapidly increasing energy prices following Hurricanes Katrina and Rita.

* Designed and implemented a system to administer and account for over-the- counter financial instruments including NGL swaps and options.

* Managed the implementation of integrated accounting software (OGSYS) for oil & gas drilling and production activities.

* Managed the spin-off of the oil & gas production subsidiary and S election.

* Managed the formation of family limited partnerships as part of comprehensive estate plans for high net-worth individuals.

* Designed and implemented an integrated distribution, accounting and cash management system for trading operations.

Other areas of responsibility and authority

* Federal and state income, excise and sales/use taxes

* Employee benefits and qualified retirement plans

* Information technology management

Staff Accountant, Audit Senior and Audit Manager (1972 - 1980) at

Arthur Andersen specializing in annual audits of publicly traded energy companies. Worked directly with top financial management and reported to the Audit Committees of Boards of Directors. Planned and administered complex audit engagements while supervising, counseling and training senior and staff accountants

PROFESSIONAL

Certified Public Accountant (Texas # 12354)

Member - American Institute of CPAs and Texas Society of CPAs

EDUCATION

Rice University, Houston, TX

* Bachelor of Science in Accounting (1972)

* Bachelor of Commerce (1971)

COMMUNITY INVOLVEMENT

Director, The Leukemia and Lymphoma Society

Director and officer, The Alumni Association of Rice University

Director and officer (including President and Treasurer), The R-Association

of Rice University

Director and Treasurer, state and local U.S. Swimming organizations

REFERENCES

Available upon request

Contact this candidate