Wayne R. Hollis, MBA

Senior Financial Analyst / Manager

Ambitious, dedicated and disciplined accounting leader and financial champion, utilizes a proactive approach to overcome hindrances and implement prudent financial management. An Accountant with at least 5 years of varied business and managerial experience with a desire to pursue future leadership opportunities. Financial consolidation reporting with corporate accounting team leadership, manager, supervisor, mentor, and coach encourages personal and professional growth for all to succeed.

INDUSTRIES SKILLS & HIGHLIGHTS

Restaurants Staff Selection / Development

Hotels/Resorts/Timeshares Financial Controls

Utilities Repairs/MUD/Power Plants Communications

Oil and Gas – Upstream Operation Management

Directional Drilling Manager / Team Leader

Manufacturing

ERP & TECHNICAL PROFICIENCIES

Oracle - 3 years Great Plains - 5 years Hyperion - 5 years

SAP/FICO/FA/ Project Accounting Module - Master Lead - 15 years

FINANCIAL ANALYST PROFESSIONAL EXPERIENCE

Techwave Intl. Houston, Texas 9/1/2017 - 4/1/2018

Sr. Data Migration and Validation Team Leader /Manager

Responsible for leading a team of four in financial data migration and validation from five regions in Europe and four-division to SAP Hanna in Houston Texas.

Worked with Data managers in Europe and the United States to ensure the forecasted project timelines were met using water flow mythology.

Assist with the integration of new businesses into Accounting systems

Supervised and managed the communication of deficiencies, setting the agenda to resolve the defects and assigned duties.

Lead a team to test the data as presented from the teams of programmers, documented all data and defects.

Created Error reporting system and priority status.

Tested five legacy systems to SAP HANA, validated data, verified reporting balances and report outputs, and supervised desktop manual and training team.

Build a dashboard to communicate to the CFO team progress, analytical drivers, defects, and resolutions and any additional call-outs.

Direct Energy Houston, Texas 1/2013 - 4/2017

Sr. Financial Analyst, Fixed Assets Lead

Responsible for leading a team of four in financial reporting of fixed asset, AFE processing and general accounting in the monthly close and month-end close and analysis

Analysis

Monthly analysis and reporting of financial results and tracking of various key performance indicators, including Bad Debt Reserves, Accounts Receivable Aging Balances, Margin Analysis Financial Reporting guided the analysis and commentary including the difference between actual to plan, actual to budget, and actual to LV.

Wrote the first-round footnotes to external financial statements.

Analyzed Data in Fixed Assets, General Ledger Accounts, Sale tax, General Accounts, Reports and supporting reports.

General Accounting

Account Mapping in SAP, and Blackline. Additional Experience in Hyperion

Posted Financial Transactions from Sales Tax, Treasury, Project Management, General Accounting, Risk Management just to name a few transactions.

Worked with the Financial Reporting team to ensure account forwards were accurate and process correctly.

Strong understanding of GAAP and International Financial Reporting Standards (IFRS),

Provide timely accounting assistance to accounting managers and operational partners; respond to financial questions and/or concerns

Audit Support

Worked with internal and external Audit team to answer question supply reports, flux analysis, explanations, provided historical data for additional support.

Prepare schedules for quarterly reviews and annual audit

Develop, implement, and maintain systems, procedures, and policies to ensure adherence to company guidelines and compliance with the requirements of Sarbanes-Oxley.

Communications

Ability to build and maintain solid working relationships with other departments and communicate effectively with personnel at all levels

Fixed Assets

Trained associates on SAP Fixed Assets modules for project costing and fixed assets cycle.

Worked with IT to close Fixed Assets Year-End Close.

Determined id the data posting to the account where OPEX or CAPEX,

Helped trained Project Managers and staff on Capitalization requirements for projects.

Project Accounting

Coordinated and capitalized on a $122 million project in the fixed assets system 2 weeks before the deadline.

Designed project criteria for capitalized assets and operating expenses which lead to the reduction of corrections, adjustments by 40%.

Supervise and Manage work closely with the Sr. Project Accountant and Staff Accountant for both Corporate entities in various companies

Reviewed projects before the project set up to ensure guidelines are met increase the setup time by 20%.

Project costing and revenue analysis.

Accounting supervisory responsibility

CIP project documentation

Continuous review and improvement of the project accounting process.

Reconciliation Coordinated the monthly analysis of the balance sheet accounts, which accounts for the group, and assigned the process in Backline to analysts.

Reports

Designed and implemented new reports based on system sources to account for deprecation and fixed assets. Reduced reporting error by 30%.

Assist with the Consolidation and Reporting process at month-end, quarter-end, and year-end.

Provided Financial results via powerpoint presentation, reporting desks, consolidation financial statement reclose and post-close.

Used Presentation in various capacities and with teams to report findings and financial results.

Tax

Analyzed all sales use tax in two countries including sales use, GRT, PUCA, Property Tax, and HST/GST Canadian taxes, prepared summary gained approval to write-off $3.4 million in duplicate and posting errors.

Managerial

Managed a team of three onshore and five offshore in the Fixed Assets process.

Managed a team of three people to analyzed and make a recommendation in the clean up of various accounts such as taxes, and balance sheet accounts.

Baker Oil Tools Houston, Texas 11/2008 - 1/2013

US Sr. Accountant

Helped prepare Sox report and analysis

Prepared and process Rotator and Expat Payroll

Designed, Trained, and Inter/Intra – Company for all five divisions of Baker Hughes worldwide.

Master FICO user fir SAP conversion from Infinium to SAP.

Assist with the month-end close, flux analysis, audit request, and Adhoc reporting.

Tatum LLC Houston, Texas 10/2007 – 10/2008

Senior Associate / CFO and Controller Services

Responsible for the design and training and implementation of new process improvements and data migration.

Designed and prepared the reconciliation process for various companies

Coordinated staff to write procedures of their job for my review and efficiently reduced reconciliation from 3 weeks to 5 days with explanations.

Trained selected individuals on Great Plains 10.0 general ledger and financial reporting.

Implemented new process improvement in account analysis and reconciliation process, facilitated meetings to identify the root cause and recommend solutions.

Skyport International Houston, Texas 10/2002 - 3/2007

Controller

Prepares a weekly cash flow forecasting 13 weeks out or as appropriately requested

Prepared full set of financial statements including, Balance sheet accounts, Income Statements, Owner's, Equity, Cash Flow Statements,

Signed all payroll checks

Signed all check disbursements.

Prepare IFRS consolidated financial statements, GAAP financial statements

Established Internal Controls, documentation and standards

Developing internal accounting policies and procedures

Reviewed audit and flux analysis from exteriors auditors for distribution

Managing the various small liquidity and reducing its operational, financial and reputational risk

Maintain bank accounts, loan accounts and investment accounts, credit accounts, and purchase cards

Prepare the three company’s borrowing base monthly

Reviewed and reported Cash Flow

Prepared and presented financial standing to the board of directors.

Prepared financial statements for Bankruptcy court

Analyzed two companies’ contracts finding $3.4 million in lost revenue

Found equipment not paid by two large clients with a value of $4.2 million.

Helped new owner transitions process to a Canadian based and closure of US company.

Phillip Utility Management Houston, Texas 02/1999 - 05/2002 Controller

Reviewed explanations of fluctuations in monthly, quarterly, and annual financial results for reporting, and internal and external auditors.

Established Sox reports and reviewed analysis by accountants

Approved all accounts payable checks

Approved all payroll reports, adjustments, cash position and signed payroll checks.

Served as Director of Acquisition for potential companies in Texas for small MUD districts.

Performed pre-acquisition analysis to buy or not to buy.

Responsible for Post Acquisition conversation of all policy, financial and training new staff.

Sunterra Resorts Conroe, Texas 02/1996 - 05/1998

Project Controller

Approved all accounts payable checks and ensured proper supporting documentation

Reviewed and approved payroll

Reviewed and approval of all sales bonuses and sales bonuses payout to customers.

Analyzed project status and deed in lieu of foreclosure.

Reported to the corporate office that the property was insolvent and recommended bankruptcy.

Omni Hotel Houston, Texas 11/1993 - 01/1996

Assistant Controller

Approved all accounts payable checks and ensured proper supporting documentation

Reviewed and approved payroll

Reviewed all accounting payable, accounts receivable, income audit, and nights of audit work.

Prepared budget for the controller

Managed Managers across the hotel in the forecast and budget forecast.

Reviewed monthly expenditure and payroll by the department with managers and explanation of variances before month-end close.

Managed inventory controls for linen, and food and beverage.

Managed the cash policy of the hotel for all outlets.

Trained day time accounting staff as well and night audit staff.

Served and the Manager on Duty

Marriott Hotels International Houston, Texas 11/1988 - 01/1993 Assistant Controller

Approved all accounts payable checks and ensured proper supporting documentation

Reviewed and approved payroll

Reviewed all accounting payable, accounts receivable, income audit, and night audit work.

Prepared budget for the controller

Managed Managers across the hotel in the forecast and budget forecast.

Reviewed monthly expenditure and payroll by the department with managers and explanation of variances before month-end close.

Managed inventory controls for linen, and food and beverage.

Managed the cash policy of the hotel for all outlets.

Trained day time accounting staff as well and night audit staff.

Served and the Manager on Duty

Sunbelt Hotels Houston, Texas 05/1982 – 11/1988 Accounting Manager

EDUCATION

Master Business Administration-Accounting, Keller Graduate School of Management

Bachelor of Science – Finance University of Houston-Downtown

Professional References will be provided upon an interview with an employer

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