Phillips Petroleum Company for seven years –
- Chemicals Group
- Wrote procedures for proper accounting for revenue recognition to ensure accounting reflected the substance of the transactions and resulted in compatibility with consolidated form.
- Documented procedures for measuring and reporting manufacturing plant productivity. Consolidated and presented results from 23 subsidiaries to executive management.
- Developed standard documentation of internal accounting controls for worldwide chemical operations to comply with Foreign Corrupt Practices Act. Trained accountants to implement the documentation in five US locations, Brussels and Hong Kong.
- Gas and Gas Liquids Group
- Participated in gas lease audit to ensure compliance. Documented results.
- Documented procedures for proper audit of a producing gas field.
- Internal Audit Department
- Audited regulatory compliance, field operations, joint venture operations, and pricing and settlements for sales and associated royalties. Documented findings and recommendations in management reports.
Texaco, Incorporated for nine years –
- Texaco Trading & Transportation
- Accounted for crude oil trading activities with corporate clients, including determination of pricing and inventory movements through pipelines.
- Documented process improvement projects for management and staff.
- Led team to document crude oil purchases and sales accounting procedures.
- Internal Audit
- Audited all aspects of field operations from drilling and joint ventures, transportation by pipeline and trucking, refining and processing plants, to safety and labor contract provisions. Also financial presentations and accounting practices for income recognition.
- Participated in development of standard testing for hedging and derivatives.
- Contributed to development of COSO internal control, self-assessment database to be implemented worldwide.
SM Energy Company (formerly St. Mary Land & Exploration Company) for thirteen years
- Developed system for monitoring Payouts in accordance with Joint Operating Agreements. Revenue and Expenses were electronically extracted from the accounting system into Excel Spreadsheets to reflect current payout status for all parties to a well.
- Created Power Point presentation on Payouts for presentation to COPAS, Council of Petroleum Accountants Societies.
- Performed financial due diligence for small acquisition and assimilated assets into Company practice.
- Documented accounting procedures for gas gathering system and trained accountants.
- Developed process for locating missing mineral interest owners. Presented to COPAS Revenue Committee.
- Supervised revenue activities for all Oklahoma and New Mexico properties.
- Assisted in evaluating accounting procedures for unitized production.