Oil Corporation Energy Corp
Resume:
Timothy W. Campbell, CPA
**** ******** ***** *****, ********, Texas 77583 832-***-****
E-MAIL: adn24n@r.postjobfree.com
AP/AR/JIB/OPERATIONS ACCOUNTING
with comprehensive experience in
JIB ACCOUNTING – JV/VENDOR AUDITING - FINANCIAL MANAGEMENT/ANALYSIS – ACCOUNTS PAYABLES – ACCOUNTS RECEIVABLE - STAFF MANAGEMENT - PLANNING/SCHEDULING – OPERATION ACCOUNTING - REPORTING/DOCUMENTATION - BUDGET-PREPARATION/ADMINISTRATION - CRUDE OIL ACCOUNTING GAAP – COPAS – SOX - CERTIFIED PUBLIC ACCOUNTANT – STATE OF TEXAS
Pro-active and results-oriented self-starter with broad experience in all aspects of accounting and financial management. Demonstrated hands on management style in the development and implementation of strategic plans to ensure company growth. Solid planning and organizational skills in coordinating all aspects of each project from inception through completion. Sees the big picture and plans appropriate strategies to achieve results. Well disciplined with proven ability to manage multiple assignments efficiently under extreme pressure while meeting tight deadline schedules. Strong team builder and facilitator, fosters an atmosphere that encourages highly talented professionals to balance high-level skills with maximum production. Ascertains needs and goals, streamlines existing operations, turns around unprofitable functions, envisions new concepts and future trends, and follows through with development, direction, and accomplishment. Effectively communicates direction, commits people to action, and conveys complex information in easily understood formats. Computer literate.
PROFESSIONAL EXPERIENCE / ACCOMPLISHEMENTS
Bruin E&P Operating, LLC – Houston, Texas
Manager AP/Joint Interest Billing/AR/Operations 2018 – Present
Manage the goals and day-to-day responsibilities of the following functional Accounting areas: Capital, LOE, Accruals, Inventory, Accounts Payable, Accounts Receivable, Joint Interest Billing (Operated & Non-Operated), AFE Workflow Coordination, Material Transfers, Proved & Unproved Leasehold, JV/Vendor Audits, and Payouts.
Managed a Team of 7 that consist of multiple areas from Operations, JIB, AP, and AR.
Review and approve journal entries, account reconciliations, account analysis and internal financial statement variances for all managed functions.
Review all SOX controls (monthly, quarterly, yearly) for all managed functions.
Continually review processes to determine if controls are sufficient and review for changes, as needed.
Participate in all controls testing by both Internal and External auditors.
Scheduled and oversaw Vendor and JV Audits.
Understand OGSYS system and processes utilized for each functional area.
Support Accounting group with problem solving and the creation of changes to OGSYS processes to provide data accurately and efficiently.
Proactively interact with Operations and all other departments to understand data needs/requests.
Gain knowledge to understand the operational processes within each department to make sure Accounting is providing the appropriate support.
Continually communicate with all departments to provide an understanding of Accounting requirements.
Actively develop department Accounting staff by answering questions, assisting with process changes and enhancements, knowledge sharing, providing open communication and constant feedback on a daily basis and understand each employee's development needs and learning styles so that coaching is specific to the employee.
Key point of contact to resolve issues, both within the Accounting department and to Operations personnel.
Reduced JIB close, which consisted of three companies, from three days to one.
Improved invoice process turnaround from 5 days to two.
Created LOE and Capital accruals process from inception, for three companies, with continual process improvements.
Actively held AP training for department process improvements.
Improved overall AP process from submission to approval by establishing a weekly aged invoice review report.
Increase capitalization of early pay discounts by 55%
Improved vendor setup turnaround from three days to one day.
Streamlined allocation process, with quarterly validation updates to maximize positive well economics.
Reduced Non-Op process turnaround time.
Reconciled multiple accounts, bringing balances to zero.
Reduced AR by 5% for balance over 60 days.
Implemented netting process for enhanced AR collections.
Memorial Resource Production/Amplify Energy Corp – Houston, Texas
Manager Joint Interest Billing 2013 – 2017
Manage the goals and day-to-day responsibilities of the following functional Accounting areas: Capital, LOE, Inventory, Accounts Receivable, Joint Interest Billing (Operated & Non-Operated), AFE Workflow Coordination, Material Transfers, Proved & Unproved Leasehold, JV/Vendor Audits, and Payouts, AP Oversight.
Review and approve journal entries, account reconciliations, account analysis and internal financial statement variances for all managed functions.
Review all SOX controls (monthly, quarterly, yearly) for all managed functions.
Continually review processes to determine if controls are sufficient and review for changes, as needed.
Participate in all controls testing by both Internal and External auditors.
Scheduled and oversaw Vendor and JV Audits.
Understand Bolo system and processes utilized for each functional area.
Support Accounting group with problem solving and the creation of changes to Bolo processes to provide data accurately and efficiently.
Proactively interact with Operations and all other departments to understand data needs/requests.
Gain knowledge to understand the operational processes within each department to make sure Accounting is providing the appropriate support.
Continually communicate with all departments to provide an understanding of Accounting requirements. Managed a Team of nine that consist of multiple areas from Operation, JIB, AP, and AR.
Actively develop department Accounting staff by answering questions, assisting with process changes and enhancements, knowledge sharing, providing open communication and constant feedback on a daily basis and understand each employee's development needs and learning styles so that coaching is specific to the employee.
Key point of contact to resolve issues, both within the Accounting department and to Operations personnel.
Reduced JIB close, which consisted of four companies, two of which were Public, from three days to one.
Worked with Production to reduce lag time from three months to one.
LOE and Capital accruals for two Public companies, one which has fifteen Business Units.
Streamlined allocation process, with quarterly validation updates to maximize positive well economics.
Recovered $2 million through validation due diligence of overhead and other expenses.
Established processes to improve cash management of Non-Op assets.
Reduced Non-Op process turnaround time.
Reconciled multiple accounts, bringing balances to zero.
Reduced AR by 66% in less than six months.
Linn Energy, LLC – Houston, Texas
Joint Venture Audit Coordinator 2012 – 2013
Coordinate joint venture audit activities in compliance with COPAS guidelines.
Develop annual audit plan.
Schedule joint venture audits.
Oversee activities performed by LINN’s audit consultants.
Review, research and resolve audit claims/findings.
Prepare audit responses.
Coordinate audit adjustments to the joint accounts.
Prepare ballots for LINN led audits and analyze ballots received for non-op led audits.
Post and update audit activities in the audit exception tracking system.
Work effectively with Operations personnel and other organizations on audit matters.
Provide audit reports and related updates to Operations Management and others.
Serve as a technical resource on COPAS matters.
Linn Energy, LLC – Houston, Texas
Lead Senior Staff Accountant/ Joint Interest Billing 2008 – 2012
Assist in the integration process for acquired properties for JIB. Verify, reconcile, and load pre-payments and cash calls. Set up allocations. Determine, calculate and record producing, drilling, and major construction overhead. Perform monthly allocation, JIB, invoicing, and statement process. Reconcile and oversee non-op properties for over 300 Operators to keep accounts current. Handled various issues with over 5,000 interest owners to assure timely payments. Record monthly billable expenses, such as labor and vehicle expenses. Reconcile receivable accounts, maintaining a low balance.
Significantly helped reduce over 120 day receivable balances from 50% to 5% within one year.
Discovered unrecorded revenue through JIB netting reconciliations.
Successfully corrected balances between Sub Ledger and General Ledger for various accounts.
Prevented various lawsuits, working closely with owners and Operators, improving relationships.
Reconciled and collected Cash Calls and Pre payment balances.
Created naming convention and maintained monthly, all allocations.
Created analysis for monitoring shut-in wells included in allocations.
Optimized our receivables and cash receipts by reevaluating producing overhead and maximizing drilling overhead.
Standardized JE spreadsheets for vehicle and labor expense.
Discovered software systems tools to enhance work performance (Enertia).
Actively mentor and assist in the development of seven team members.
Strong understanding of COPAS Accounting Procedures.
Analyzed area to assure the billing for all SWD charges.
Consistently met Close deadlines two days ahead of schedule.
Optimized our receivables and cash receipts by reevaluating producing and drilling overhead.
Linn Energy, LLC – Houston, Texas
Senior Accountant/ Operations Accounting 2007 – 2008
Generated Monthly Revenue accruals for Texas Panhandle and Oklahoma regions. Estimates calculated based on recording and following historical trends, applied to daily field estimates. Worked closely with Operations to record, verify and reconcile monthly Oil, Gas, and NGL production. Communicated monthly results of production, cost, and revenue to Operations and Management, including analyticals.
Created Excel worksheets to calculate and adjust monthly accruals.
Created and maintained various reporting schedules for Operations and Management.
Created and maintained Lookback analysis for Revenue, Expenses, and Transportation.
Continual development of accounting, reporting, and Operation’s process.
Murphy Oil Corporation – El Dorado, Arkansas 1996 - 2007
Senior Accountant / Corporate Accounting
Record journal entries to various general ledger accounts relating to G&A expenses, share of investments, taxes, interest expenses-outside and intercompany, incentive awards, stock option exercises. Maintain records relating to incentive awards such as restricted stock, stock options, and other compensation expenses, and Treasury shares. Consolidated financial statements for reporting and month-end close, such as Balance Sheet with analysis, Capital Expenditures, and Debt Schedules. Complete and file forms for Governmental reporting. Monthly, Quarterly, and Annual financial forecasting. Compile and report Consolidated budget. Earnings per share calculation. Year end audit work papers and Thrift Plan. Knowledge of general accounting principles. Intercompany and other account reconciliations. Sarbanes-Oxley compliance documentation. Variance Analysis. Stand Alone statements including Cash flow. Debt Compliance reporting.
Completed conversion from Lotus 1,2,3 to Excel.
Updated account reconciliations with intercompany.
Developed compliance for EPS with forfeitures, and Executive Compensation for SEC reporting.
Murphy Oil Corporation 1993-1996
Intermediate Accountant / Sales and Inventory Accounting
Responsible for recording and reporting all gasoline and petroleum products sales and exchange. Maintain accurate inventory accounting. Documented and reconciled accounts with other companies concerning exchanges involving volumes and dollars.
Self trained and taught in this position while keeping responsibilities current.
Updated many reconciliations that were behind.
Murphy Oil Corporation 1992-1993
Intermediate Accountant / Crude Pipeline and Exchange Movements
Responsible for interpreting agreements established by Crude Reps. System input to record information to compute the transactions for movement through pipelines or exchanges with other companies. Developed, recorded, and reconciled nettings with companies on buy/sell agreements.
Made current all reconciling accounts, correcting and collecting any insufficiencies with other companies.
Murphy Oil Corporation 1991-1992
Accountant / Crude Receipts and Payments
Responsible for recording crude oil pricing for Price Master, for total system’s function. Interpreted and recorded all agreement with interest holders to calculate royalty payments and MMS. Verified and made adjustments and corrections to coding made by accounting assistants.
Complete success rate for crude oil price for entry which affected various other company departments.
Murphy Oil Corporation 1990-1991
Associate Accountant / General Accounting
Coding and analysis for various wholly owned subsidiaries. Trained on each desk within the department gaining understanding of basic company functions. Recorded general journal entries, voucher payments. Handled accounts payables and receivables. Reconciled cash accounts, and intercompany accounts.
Moved through department within short period of time.
EDUCATION / SPECILIZED SKILLS / COMPUTER SKILLS / PROFESSIONAL AFFILIATIONS
BBA Degree: Accounting with Honors – University of Louisiana at Monroe formerly Northeast Louisiana University
Certified Public Accountant
Certified Lean Six Sigma Black Belt
Great Oral, Communication, and Analytical skills
Excel, Microsoft Word, J.D. Edwards One World Citrix, Enertia, OGSYS, BOLO, AFE Navigator
Texas State Board of Certified Public Accountants
REFERENCES
Micah Doucet
Riviera Resources
600 Travis
Houston, Texas 77002
Connie Singleton
Murphy Oil Corporation
200 Peach Street
El Dorado, Arkansas 71730
Vincent Butler
Midvalley Pipeline
1509 Long Lonesome Rd
Bastrop, LA 71220
Margie Robinson
HHOG
1040 Morning Glory Rd
McComb, Mississippi
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