Accounting Manager
Resume:
Kerry Kilgore
832-***-**** Cell Phone
************@*******.***
EXPERIENCE
Independent Oil and Gas Consultant
November 2019 – Present
Provide Oil and Gas Consulting services related to system selection and implementation, Oil and Gas Startup’s, Operational Accounting including all phases of Joint Interest, Revenue, and Production Accounting, Gas Balancing, Lease Operating Statements, Variance Analysis, Financial Statement Preparation
Sirius Solutions – Senior Oil and Gas Consultant
June 2016 – November 2019 (Consulting Provided To Multiple Oil and Gas E&P Companies)
Provided project management as Subject Matter Expert related to Oil and Gas Acquisitions and Mergers
Assisted client in process reviews and documentation related to Operational Accounting
Integration planning related to combined synergies between companies
Managed Accounting Implementation Process for new Oil and Gas Startup related to their acquisition of over 385 oil and gas properties
Responsible for all aspects of Oil and Gas Accounting including: Revenue setups and processing monthly revenue, correspondence with royalty owners and Oil & Gas Product Purchasers, monthly revenue accruals, and royalty processing
Joint interest Accounting, including processing and preparation of monthly Joint Interest Billings, review and payment of Non-Operated Joint Interest Billings
Production Accounting related to daily and monthly volume allocations
Severance Tax Calculations and filings
Federal Royalty Calculations and filings with the ONRR
Management reporting including – Lease Operating Statements, Variance and Financial Analysis
Account Setups and monthly Account Reconciliations
Cash Management and Treasury Functions
Purchaser Contract Negotiation
Design, Documentation, and Implementation of Accounting Policies and Procedures
Provided backfill assistance to Client’s Revenue Accounting Group related to the monthly preparation of all phases of revenue accounting for Oil and Gas, Plant Accounting, Cash Management, monthly revenue close, process documentation and Account Reconciliations
Documentation related to process improvements, desk procedures, and controls, with an emphasis on the Revenue, Joint Interest and Accounts Payable functions – Documented workflows and advised on opportunities for improved efficiencies for Mid-Size Oil and Gas Company
Oversight of team responsible for the analysis and payment of liabilities associated with the Bankruptcy proceedings for a Mid-Size Oil and Gas Company including: Sign-off and Approval of Weekly AP Check processing, and wire transfers – reconciliation of Utility Deposits and Letters of Credit related to Bankruptcy Claims
RRP-QStar – Contract Interim Controller
March 2016 – June 2016
Managed Accounting Implementation Process for Equity Backed Independent Oil and Gas Startup
Setup Chart of Accounts, Accounting Records, Division of Interest for 350 wells
Responsible for all aspects of Oil and Gas Accounting including: Revenue setups and processing monthly revenue accruals
Joint interest Accounting, including processing and preparation of monthly Joint Interest Billings, review and payment of Non-Operated Joint Interest Billings
Production Accounting related to daily and monthly volume allocations
Severance Tax Calculations and filings
Management reporting including – Lease Operating Statements, Variance and Financial Analysis
Account Setups and monthly Account Reconciliations
Cash Management and Treasury Functions
Purchaser Contract Negotiation
Design, Documentation, and Implementation of Accounting Policies and Procedures
Oversaw divestiture of all Oil and Gas Assets based on Tag Rights attributable to purchase arrangement
Reviewed Closing Documents and Prepared Closing Entries related to asset sale
RPM Energy Management, LLC – Assistant Controller
January 2015 – March 2016
Managed all aspects of the accounting functions related to Revenue and Joint Interest processing
Responsible for Monthly Accounting Close Process, including management reporting, Lease Operating Statement Review, and Financial Analysis
Oversaw monthly LOE, Revenue, and Capital Expenditure Accrual Process
Ensured Accounting processes were completed timely in accordance with Monthly Close Schedules
Ensured transactions were recorded and documented, with supporting details in accordance with Company Control Policies
Designed, Documented, and Implemented Accounting Policies and Procedures
Constellation Energy – Upstream Accounting Manager
October 2011 – January 2015
Responsible for coordinating the monthly Accounting functions and close process, including Management reporting, Lease Operating Statement Review, Financial Analysis and Account Reconciliations
Responsible for ensuring compliance with the Company’s Bank Loan Covenants
Responsible for overseeing the processing and payment of Joint Interest Billings, including ensuring overall compliance with Joint Operating Agreements and COPAS guidance and procedures
Oversight of monthly revenue processing and royalty distribution
Review of Quarterly DD&A and ARO calculations
Oversight of the Accounts Payable process
Production Accounting related to daily and monthly volume allocations
Monthly Accruals related to Capital Expenditures, Revenue, Lease Operating Expenses
Developed Accounting Policy and Procedures related to SOX Compliance
Ensured Accounting Processes were completed timely in accordance with monthly Close Schedule
Preparation of Annual Departmental Forecast and Budgets
Coordinated annual audit with outside independent auditors
J M Huber Corporation – Huber Energy - Operations Accounting Manager
February 2003 – October 2011
Responsible for all aspects of Oil and Gas Accounting including: Revenue setups and processing monthly revenue, correspondence with royalty owners and Oil & Gas Product Purchasers, monthly revenue accruals, and royalty processing
Joint interest Accounting, including processing and preparation of monthly Joint Interest Billings, review and payment of Non-Operated Joint Interest Billings
Production Accounting related to daily and monthly volume allocations
Severance Tax Calculations and filings
Federal Royalty Calculations and filings with the ONRR
Monthly Account Reconciliations
Close, consolidate, and analyze month-end financial statements
Review Marketing Arrangements and Gas Purchase Contracts
Management reporting including – Lease Operating Statements, Variance and Financial Analysis
Coordinated annual audit with outside independent auditors
Member of software conversion task force and implementation steering committee
Developed Accounting Policy and Procedures related to SOX Compliance
Member Texas Property Asset Divestiture Task Force
Obtained Texas Severance Tax Credit resulting in $365,000 refund
Texas Independent Exploration – Revenue Manager
February 2003 – February 2005
Responsible for all phases of revenue and royalty accounting – Duties included:
Processing of monthly revenue and payment of associated royalties
Monthly Revenue Accruals
Royalty Owner Inquiries and Correspondence
Severance Tax Reporting
Texas GLO State Royalty Payments
Federal Royalty Calculations and filings with the ONRR
Monitor daily cash flow
Developed Revenue Close Schedule resulting in improved accuracy and reporting
Reorganized / Streamlined online reporting for Federal and State Royalties
Monthly Management Reporting
Account Reconciliations
Review Marketing Arrangements and Gas Purchase Contracts
Design, Documentation, and Implementation of Accounting Policies and Procedures
Production Accounting related to daily and monthly volume allocations
Preparation of Audit Schedules related to annual independent audit
Whitmar Exploration - Controller
February 2001 - February 2003
Oversaw the daily Accounting Operation for a small Independent Oil and Gas Exploration Company
Responsible for all phases of revenue and royalty accounting, including revenue accruals, royalty payments, preparation of royalty payments, preparation of State severance tax and regulatory reports - Preparation and monitoring of Gas Balancing Statements, Gas Nominations, and Gas Marketing Agreements for all company operated wells - Assisted in the acquisition of various state and federal leases, monitored new well filings and drilling reports for Company and outside operated wells - monitored daily cash flow - special projects as assigned by the Company President - Reviewed monthly financial statement preparation
Obtained Texas Severance Tax Credit resulting in $315,000 in refunds
Purchased approximately 15,000 acres of Federal Leases through BLM Auctions
Averaged $20,000 Monthly net profit for Whitmar's Marketing Affiliate
Negotiated $5 million bank line of credit
Developed revenue close schedule resulting in improved accuracy and reporting
Reorganized / Streamlined online reporting of Texas royalty obligation to Texas GLO
Novistar Inc. - Client Lead
August 2000 - February 2001
Managed a staff of three revenue accountants, one Production Analyst and one Division Order Analyst responsible for all phases of revenue and royalty accounting for client - Duties included revenue accruals and royalty payments, preparation of severance tax reports for various states, regulatory reporting for both state and federal agencies
Developed revenue close schedule resulting in improved accuracy and reporting
Oversight of revenue conversion of over 3,000 oil and gas properties acquired by client
Oversaw the processing of approximately $600 Million in Gross Revenue for client
Worked with client to analyze producing properties regarding profitability
Tribo Petroleum Corporation- Revenue Supervisor
June 1998 - August 2000
Managed a staff of three revenue accountants and one revenue clerk responsible for all phases of revenue and royalty accounting for parent company and six subsidiaries. Duties included revenue accruals and royalty payments, preparation of severance tax reports for various State agencies and special projects
Developed revenue close schedule resulting in improved accuracy and reporting
Reorganized / Streamlined online reporting of Federal Offshore royalties and reporting of State royalty obligations to the Texas GLO
Oversaw and Managed $60 Million Acquisition of over 600 producing properties
UMC Petroleum - Contract Revenue Accountant
March 1996 - June 1998
Accrual of revenue, payment of royalties for various onshore and offshore properties, maintenance of various Net Profit Interest, recording natural gas sales, purchases, and exchanges, invoicing customers, and managing receivables, monitoring natural gas transportation costs, and preparation of gas balancing statements
Anadarko Petroleum Company - Contract Revenue Accountant
February 1992 - March 1996
Accrual of revenue, payment of royalties for various onshore and offshore properties, maintenance of various Net Profit Interest, recording natural gas sales, purchases, and exchanges, invoicing customers, and managing receivables, monitoring natural gas transportation costs, and preparation of gas balancing statements
Pennzoil Company - Senior Accountant
July 1976 - February 1992
Supervised accrual of revenue and payment of royalties, reconciliation of accounts receivable, preparation of Federal royalty reports, reconciling gas balancing statements, preparation of monthly severance tax reports, maintenance of division of interests, recording spot sales, and analyzing variance in production
Education
Tyler Jr. College - 1972 - 1974
Associate Degree - Business
Baylor University - 1974 - 1976
BBA, Accounting
Computer Applications
Ogsys
Excalibur
Bolo
Quorum
Enertia
EnergyLink
DocVue
Open Invoice
Advanced Excel, MS Office
Power Point
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