Financial Reporting Analysis

Michelle Crawford-Palsson

San Antonio, TX 210-***-**** *****************@*****.***

Professional Summary

Results-driven financial professional with extensive experience in financial analysis, reporting, and forecasting. Proven track record of leading teams and driving strategic initiatives to ensure financial accuracy, compliance, and operational efficiency. Expertise in managing month-end close activities, overseeing financial controls, and delivering actionable insights to senior leadership. Skilled in fostering cross-functional collaboration to optimize performance and meet tight deadlines, while consistently supporting decision-making processes. Adept at mentoring and developing high-performing teams, managing vendor relationships, and driving continuous process improvements to enhance financial reporting and operational effectiveness.

Areas of Expertise

Financial Analysis & Reporting

Variance Analysis

Revenue Reporting

Ad Hoc Financial Analysis

Accounts Payable

Supply Chain Tracking

Cost Modeling

Documentation & Compliance

Monthly Financial Reporting

Audit Management

ERP Process Improvement

Payment Processing

Data Management & Integrity

Forecasting & Budgeting

Regulatory Reporting

Vendor Management

Career Highlights

Successful $4B Sale and Asset Transition: As a Revenue Manager at PetroLegacy Energy, contributed to the successful sale of the company to Ovintiv, demonstrating strong skills in asset management and investor relations during a significant corporate transition.

ERP Implementation Project Manager: As the Accounting Specialist for Trinity University, I was responsible for managing the ERP system implementation and data migration for Trinity University's $200 million land endowment program.

Settlement of $6B in Trades: As a Senior Revenue Regulatory Accountant, settled a yearly total of $6B and 60 million barrels of crude, indicating proficiency in trading contract analysis and regulatory compliance, along with strong financial acumen in high-stakes environments.

Management of High-Value Exploration Initiative: Managed a sixty well capital exploration program with a budget of $200MM while at Marathon Petroleum, showcasing expertise in project management, financial oversight, and the ability to handle large-scale operations.

Professional Experience

Revenue Manager, PetroLegacy Energy, LLC, Austin, TX November 2022 – June 2023 (Company sold to Ovintiv 2023)

Assisted in $4B sale and asset transition to Ovintiv Inc., ensuring seamless integration of production accounting activities and operational alignment post-acquisition.

Directed monthly production data analysis and reporting in line with reporting deadlines.

Managed data reconciliation and variance analysis, ensuring alignment between Global production systems.

Oversaw client and investor communications during acquisitions and projects, ensuring compliance with reporting requirements.

Provided insights into production forecasts and income projections for accurate financial reporting.

Guided the monthly close process, ensuring accurate estimates and reconciliation with forecasts to meet deadlines.

Led ERP process enhancements and integrations, optimizing workflows and ensuring efficient financial controls across departments.

Directed joint venture audits and addressed inquiries, ensuring regulatory compliance and fostering cross-functional collaboration.

Revenue Manager, Hurd Enterprises, San Antonio, TX November 2020 – November 2022

Oversaw monthly reporting and reconciliation processes, managing various contracts to ensure financial accuracy and timely reporting.

Collaborated with internal and external teams to analyze sales volume data, optimize logistics, and improve production accounting and compliance.

Conducted internal audits of production accounting, ensuring adherence with various reporting requirements.

Reviewed and amended contractual agreements with stakeholders, aligning them with accounting procedures and ensuring accurate reporting.

Performed cost analysis and financial modeling for senior leadership, ensuring accurate forecasting and efficient allocation.

Compiled production data, including expenses and income reports, to optimize accounting allocations and drive profitability.

Prepared and posted monthly journal entries, reconciling production data and related accounts for accuracy and compliance with month-end close processes.

Lead Logistics Accountant, Marathon Petroleum Logistics, San Antonio, TX May 2020 – November 2020

Ensured compliance with logistics and accounting agreements to guarantee accurate reporting and financial controls.

Managed production accounting processes, overseeing the analysis, reconciliation, and production statements across multiple systems.

Developed monthly distribution reports for 50+ logistics entities, contributing to financial reporting and resource planning.

Monitored production volumes and conducted inventory forecasting, assessing capacity and performing market analysis for accurate month-end reconciliations.

Analyzed profit segments and margins across production volumes and allocation methods, supporting reconciliation and reporting in alignment with budgeting practices.

Served as M&A SME, ensuring compliance and strategic alignment across accounting divisions during acquisitions.

Senior Revenue Regulatory Accountant, Marathon Petroleum, San Antonio, TX January 2019 – April 2020

Led tax and regulatory filings for marketing contracts, ensuring full compliance with reporting and financial regulations.

Reviewed and ensured execution of trading contracts, overseeing deal settlements and financial transaction accuracy.

Facilitated the settlement of $6B annually, ensuring financial accuracy and adherence to payment terms.

Applied expertise in complex pricing structures for trading transactions, optimizing financial controls and cost allocations.

Managed a $200M development project, overseeing financial planning and cross-department collaboration.

Generated revenue statements and managed distributions for 200+ operators, ensuring timely payments and compliance.

Analyzed 20,000 monthly marketing transactions ensuring data accuracy, compliance, and financial reconciliation for month-end close.

Monitored commodity supply for trading contracts, ensuring timely fulfillment and alignment with financial controls.

Intermediate Accountant, Marathon Petroleum, San Antonio, TX March 2016 – January 2019

Managed marketing contracts, ensuring accurate deal settlements, financial reconciliation, and adherence to policies.

Resolved discrepancies in supply movements and shipper statements, driving financial accuracy and optimizing reconciliation.

Coordinated trade agreements and managed transportation costs, aligning with financial standards and payment terms.

Collaborated with marketing and traders to assess complex pricing, ensuring accurate documentation and budget adherence.

Monitored inventory for potential loss risks, implementing corrective actions to optimize management and financial controls.

Managed transportation agreements, ensuring compliance with financial policies and resource efficiency.

Ensured accurate accounting of secondary logistics costs, aligning with forecasts and ensuring timely payments.

Reconciled commodity movements with transportation statements, ensuring financial accuracy and month-end compliance.

Resolved discrepancies across the supply chain, mitigating risks and ensuring compliance with internal controls.

Recorded transportation statements and reconciliations, ensuring compliance and maintaining financial transparency.

Senior Accountant/Investor Relations, RLU Oil & Gas San Antonio, TX August 2015 – March 2016

Reviewed joint operating, transportation, and third-party purchase agreements, ensuring compliance and financial alignment.

Evaluated CAPEX and OPEX costs for freight and transportation contracts, optimizing cost and financial accuracy.

Tracked and analyzed revenue and production data for accurate forecasting and reporting.

Developed budgets for capital projects, aligning with financial goals and operational efficiency.

Reviewed quarterly budgets, ensuring proper expense allocation to third-party carriers and financial control adherence.

Collaborated with stakeholders to ensure accurate financial reporting and cross-functional alignment.

Implemented process improvements across the supply chain to enhance efficiency and financial performance.

Led joint venture audits and responded to joint owner and investor inquiries, ensuring compliance.

Negotiated contracts for in-house capital projects and equipment services, aligning with financial and operational goals.

Accounting Specialist/Endowments, Trinity University, San Antonio, TX February 2014 – August 2015

Managed property and ad valorem taxes, ensuring accuracy and compliance.

Recorded and reconciled royalty income per lease agreements, ensuring timely reporting.

Processed Joint Interest Billings, ensuring accurate financial reporting.

Negotiated lease terms for state-owned minerals in Texas, optimizing financial outcomes.

Led contract negotiations and execution for leasing and transportation.

Maintained land deed files, managing conveyances, assignments, and property sales.

Updated operator leasing activity in the land management system for accurate reporting.

Prepared and presented monthly financial reports to management and the Board.

Collaborated with oil companies on permits, offers, agreements, and legal matters.

Oil & Gas Accountant, EnerJex Resources, San Antonio, TX October 2012 – February 2014

Associate Accountant/Wealth Management, Broadway Bank, San Antonio, TX March 2010 – October 2012

Education

California Coast University, Santa Ana, CA

Bachelor of Science, Business Administration, 3.59 GPA

Additional Skills

SAP S4 HANA

Right Angle ERP

Drilling Info

PakEnergy ERP

Blackline

Microsoft Office (Advanced Excel)

OGSYS ERP

Oildex

Microsoft Power BI

Integra ERP

Petroware ERP

TMW & STAR

FINANCIAL PROFESSIONAL

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