Accounts Payable Marketing

Cynthia Drumheller

*** ******** ***** 832-***-****

Waxahachie, TX 75165 ******************@*****.***

EMPLOYMENT HISTORY

TEMA Oil and Gas Company, Houston, Texas/Sr Revenue Accountant/Sept 2013 to July 2016

Experience in Enertia

Record revenue.

Prepare and submit severance taxes for TEMA as producer and Gateway as purchaser.

Prepare 1099’s.

Reconcile A/R and A/P accounts.

Payouts

Various Financial Entries

Prepare the revenue side of divestures.

Prepare accruals.

Do pricing for the purchaser.

Vendor Setups for Accounts Payable

State royalties in Texas and New Mexico.

Occidental Petroleum Inc., Houston, Texas/Sr Regulatory Accountant/Sept 2001 to July 2013

Used my experience in Severance Tax preparation and reporting for four States to advise and assist my supervisor (who was new), and train and assist eight other regulatory accountants in our department.

Met the monthly deadlines for the State Severance Tax reports for Texas, Kansas, Oklahoma and Colorado using Oracle and extensive Excel spreadsheets I developed.

Used my knowledge of the Oil and Gas industry to assure Oxy was reporting their tax liability accurately (according to regulations) and that revenue was accruing the tax liability correctly.

Researched incentives and saved Oxy up to $500,000 monthly applying tax incentives.

Prepared the annual Colorado Severance report along with the DR21W’s required for the applicable royalty owners.

Worked with the various State programs, such as, Petro, CONG, and KOLAR and maintained our lines of communication with the States.

Tested and Implemented departmental upgrades in the various programs.

Trained new accountants on reporting severance taxes and on the aspects of Oracle for each of these four States. ( I, eventually, became a project person.)

Worked with our Acquisition group.

Reconciled Account Payables for twelve companies.

Coordinated and responded to outside audits.

Burlington Resources, Ft. Worth, TX/Contract/June 2000 to June 2001

Responsible for identifying and applying $30 million in unidentified cash.

Used TOW to identify ownership decimals for proper placement of the monies.

Used and developed Pivot Tables for the monies received on each company.

Mobil Oil Inc., Dallas, TX/Expert/March 1981 to Aug 1992

Worked data analysis in conjunction with our home office in Fairfax.

Supervised 10 accountants

Used the relevant research of contracts, agreements, ownership, pricing, and flow of the gas to write a gas allocation statement for the Cameron plant in Louisiana.

Gathered all the information (volumes, pricing, tests, and purchasers) needed to prepare the gas allocation statement for Cameron meeting the monthly deadlines with accurate information.

Provided owners with required leases settlement statements and prepared the appropriate severance tax reports and MMS reporting.

Maintained pipeline over/shorts.

Gathered the information needed to book revenue and pay royalties for leases Oxy operated.

Worked with the DOI to ensure correct payables.

Booked and reconciled receivables

Maintained lease over/shorts.

Skills

Enertia

Oracle

Business Objects

Excel

Access

PowerPoint

Prezi

CONG

Petro

KOLAR

OGARD

ONRR

Special Projects

TEMA-Reconciled accounts that had not been reconciled for 10 years

TEMA-researched the various expense accounts and prepared the Texas State marketing deduct refund

TEMA-streamlined various revenue excel worksheets

Oxy Petroleum-Recovered $45M from the State of Texas for cost to market refunds

Oxy-Streamlined tax reports in Excel

Oxy-Created new Tax Calculation Definitions (TCD) in Oracle for tax accrual basis

Reduced the number of TCDs used for Texas gas in the Oracle system from 50 ambiguous letterings to 7 that the revenue accountants could understand and use without confusion

Oxy-Organized and presented annual classes for the revenue accountants

Developed a PowerPoint presentation to teach new revenue accountants how their job affected regulatory reporting..

Oxy-Sarbanes Oxley testing

Reviewed controls for Fixed Assets, AFEs, banking, receivables, and Hyperion .

Followed transactions to assure compliance with controls.

Reported findings in the PeopleSoft Risk Management program.

EDUCATION/CERTIFICATION

MBA (concentration in Marketing) University of St. Thomas, Houston, TX

Accredited Petroleum Accountant (APA)

Teaching Certificate in Mathematics and Chemistry Texas Wesleyan University, Ft. Worth, TX

BBA, Accounting (major), Economics (minor) University of Texas at Arlington, Arlington, TX

PROFESSIONAL MEMBERSHIP

COPAS (Houston affiliate, Petroleum Society of Houston)

Former Chair, Education Committee

References are available upon request.

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