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Controller/Accounting Manager

Location:
Dallas, Texas, 75243, United States
Salary:
Open
Posted:
March 27, 2011

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Susheela Singh

**** ********** *****, ******, ***** 75243

Phone: (469)-***-**** u1db7x@r.postjobfree.com

Degreed accountant with 20 years of experience in oil/gas accounting and business operations

Loyal team player and employee, always motivated to learn and flexible to work long hours

Specialized in streamlining accounting tasks to substantially increase accuracy and efficiency

Experienced and skilled in compiling, reviewing, analyzing applicable source data for contract provisions, complience with accounting procedures and create Excel Worksheets to link input data to generate allocations, post entries, process reports, reconcile accounts and check accuracy

Effective in interacting with marketing, MMS as well other interest owners in resolving inquiries

Proficient working knowledge of Microsoft words, Excel, Power Point, SAP and Artesia systems

Superb franchise owner/operator of retail stores responsible for all phases of business operations

PROFESSIONAL EXPERIENCE

CGI (Contract) Oil & Gas Accountant-12/2008-04/2009

Collect, analyze and recalculate data to check the accuracy of condensate/oil/gas sales allocation against pipe line, run tickets, invoices, price, BTU, working/royalty owners’ distribution table

Design Excel worksheets to enter relevant sales volume, price, BTU to accrue revenue, create JE entries, process reports, prepare gas balancing statement and reconcile applicable GL account

Communicate with pipeline, marketing, division order personnel to resolve any discrepancies

Hunt Oil Company (contract)-12/2007-12/2008

Compile and verify oil/gas revenue data against source documents including contract provisions

Design Excel worksheets to record cash, reconcile reports and make required adjusting entries

Handle account receivable reconciliation project-resolving discrepancies of applicable accounts

Work on suspense projects, GL accounts, collections, income recognition and ownership update

Business Owner and Operator-01/1997-08/2010

Own, operate and set policies/procedures for multiple franchises stores in Dallas Fort Worth area

Hire, train and motivate employees on product knowledge, competition and customer Service

Involve in price negotiation with vendor, pass the saving to clients and generate referral business.

Compare budget against actual, performed variance analysis and make necessary improvements

Achievement awards for years from generating record sales and proving quality customer service

Meridian Oil Co. (Special Project Mineral Management Audits)-08/1996-01/1997

Review Mineral Management Service (MMS) ownership in applicable leases per contract terms Update MMS ownership table per organization’s land and division order department documents Compare data for accuracy and resolve any discrepancies prior to recording or posting entries

Enserch Oil Company: Revenue Accountant-08/1995-07/1996

Perform any duties required for proper gas allocation and accounting of plant liquid production

Prepare, post and process prior period adjustment including owners’ disbursements or refunds

Snyder Oil Company: Tax Project-Accountant (Contract)-06/1995-07/1995

Evaluate and study important data for recording and reconciling State Severance Tax for Utah, Louisiana, North Dakota and Nebraska

Edisto Resources Corporation: Senior Accountant-08/1990-05/1995

Coordinate/discuss with proper gas purchase personnel on product pricing and contract terms

Prepare and invoice producer and shipper for miscellaneous fees such as transportation/gathering

Gather/review data on contract terms, pricing and measurement provisions for off/onshore leases

Set up oil/ gas sales allocations per pipe line statements, marketing and working interest owners

Populate sales, post JE, balance asset/ income/expense accts, increased accuracy and efficiency

Reconcile accounts and record MMS and working and royalty interest owner’s disbursements

Settle the discrepancies with MMS, owners, marketing, pipeline and collect lost revenue/refunds

Interact with company’s marketing/division order personnel, MMS, working and royalty owners

Texas Oil and Gas Company: Senior Accountant-08/1988-08/1990

Calculate over/under delivered volume and prepare gas balancing reports for off/onshore leases

Update MMS, working/royalty interest owners’ distribution table per their contract agreements

Mobil Oil Corporation: Revenue Accountant-04/1986-07/1988

Compute/allocate plant liquids production and residue back to wellhead and the tailgate of a plant

Check applicable general ledger data to record and prepare Severance and Conservation Taxes

Accrue condensate/oil/gas revenue from on/offshore leases per pipeline, run tickets and contract

Handle contract terms, pricing and measurement discrepancies with company personnel/owners

Calculate over/under delivered volume to MMS 2014, make corrections and send refund requests

Arco Oil and Gas Company: Special Project (Contract)-11/1985-03/1986

Handle government audit claims involving analyzing worksheets and recalculating royalties due

General American Oil Company: Accounting Clerk-06/1980-11/1982

Reconcile Cash, bank statements, and prepare lifting cost reports

EDUCATION:

State of Texas Real Estate License-12/2010

BS: The University of Texas at Dallas-1983 (27 credit hours plus Petroleum Accounting)

AA. in Accounting: Richland College, Dallas Texas-1975/Honor Roll & Recognition List

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