Tim Van Roekel
Corporate Controller at IronGate Energy Services, LLC- Claim this Profile
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Bio
Experience
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Knight Energy Services, LLC
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United States
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Oil and Gas
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1 - 100 Employee
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Corporate Controller
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2013 - Present
Houston, Texas Area Responsible for all accounting & finance, reporting, and compliance of IronGate. Built corporate staff of 8, assigned responsibilities and titles, and designated workflow, tasks and priorities. This included daily accounting functions, working with banks & investors, reporting, tax, audit, and credit & collections. • Worked with bankers, lawyers, accounting firms, and private equity group to complete IronGate acquisition, bond financing, and revolving line of credit. Initial bond… Show more Responsible for all accounting & finance, reporting, and compliance of IronGate. Built corporate staff of 8, assigned responsibilities and titles, and designated workflow, tasks and priorities. This included daily accounting functions, working with banks & investors, reporting, tax, audit, and credit & collections. • Worked with bankers, lawyers, accounting firms, and private equity group to complete IronGate acquisition, bond financing, and revolving line of credit. Initial bond offering was $180M and completed a $30M add-on. Work included participation in presentations and providing information for due diligence, presentations, financing, and other meetings. • Participated in investor relations, including quarterly earnings calls, preparation of script for quarterly calls, various bondholder calls, and road show for initial $180M bond offering. • Provided internal and external reporting, coordinated quarterly and annual reporting to bondholders, and worked with Director of IT to develop revenue reporting of certain products. Show less
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Archer - the well company
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Norway
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Oil and Gas
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700 & Above Employee
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Division Controller
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2011 - 2013
Houston As the financial leader of division executive team, responsible for division financial analysis, reporting, annual budgeting, quarterly/monthly forecasting, performance indicators & review, and participation in strategic planning & capital decisions. • Provided financial insights creating an attractive acquisition for a private equity group. Dealt with key issues such as capital spending, product pricing, sales compensation, KPIs, ROI, and product line performance. • Participated… Show more As the financial leader of division executive team, responsible for division financial analysis, reporting, annual budgeting, quarterly/monthly forecasting, performance indicators & review, and participation in strategic planning & capital decisions. • Provided financial insights creating an attractive acquisition for a private equity group. Dealt with key issues such as capital spending, product pricing, sales compensation, KPIs, ROI, and product line performance. • Participated in management presentations to private equity groups; assisted Archer management and accounting firms on due diligence resulting in the sale of the Rental & Tubular Divisions. • Improved division performance & strategic direction by developing process/procedures to measure and monitor KPIs. Show less
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Allis-Chalmers Energy Inc.
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United States
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Oil and Gas
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1 - 100 Employee
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Segment Controller
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2008 - 2011
Houston, Texas Area Responsible for all aspects of segment accounting, internal financial reporting, budgeting, and internal controls with staff of six. The segment had annual revenues of $280M and EBITDA of $74M, which included 4 divisions of Allis-Chalmers. • Developed trusting relationships with all levels of management and operations. Worked with operations extensively to develop understanding of financials, budgeting, and implementation of proper internal controls. • Established and maintained… Show more Responsible for all aspects of segment accounting, internal financial reporting, budgeting, and internal controls with staff of six. The segment had annual revenues of $280M and EBITDA of $74M, which included 4 divisions of Allis-Chalmers. • Developed trusting relationships with all levels of management and operations. Worked with operations extensively to develop understanding of financials, budgeting, and implementation of proper internal controls. • Established and maintained SOX procedures & compliance, coordinating efforts with managers and internal/external auditors. • Implemented training of accounting personnel in various locations to improve the accuracy and timeliness of financial reporting. Show less
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Allis-Chalmers Energy Inc.
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United States
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Oil and Gas
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1 - 100 Employee
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Division Controller
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2006 - 2007
Houston, Texas Area Responsible for all aspects of accounting, internal financial reporting, and budgeting for the Tubular division with $60M annual revenue in 7 locations. Responsibilities expanded in April 2007 to include the Underbalanced Drilling division, 6 additional locations, with $58M annual revenue. Integrated the accounting of two acquisitions into Tubular Services. • Created management reliance on financial reporting by improving accounting accuracy, reducing period close time by 75% and time… Show more Responsible for all aspects of accounting, internal financial reporting, and budgeting for the Tubular division with $60M annual revenue in 7 locations. Responsibilities expanded in April 2007 to include the Underbalanced Drilling division, 6 additional locations, with $58M annual revenue. Integrated the accounting of two acquisitions into Tubular Services. • Created management reliance on financial reporting by improving accounting accuracy, reducing period close time by 75% and time to collect receivables by 20%. Planned and implemented the process of gaining control of financial records and reporting. Show less
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Emco Wheaton
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Germany
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Industrial Machinery Manufacturing
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1 - 100 Employee
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Plant Controller
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2005 - 2006
Houston, Texas Area Responsible for all aspects of accounting, financial reporting, budgeting, and payroll with staff of 3. Included internal controls, inventory, fixed assets, and working with corporate for audit & tax. • Worked closely with various managers to gain control of procedures, financial records, and reporting. This was accomplished in an environment that included high employee turnover and significant system related difficulties.
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Gardner Denver
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United States
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Machinery Manufacturing
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700 & Above Employee
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Accounting Supervisor
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2001 - 2003
Houston, Texas Area Responsible for daily accounting functions, including accounts payable, accounts receivable, customer billing, cash receipts, fixed assets, and payroll. Worked closely with the plant controller on month-end close, budgeting & forecasting, and inventory. • Company was made up of three recently acquired companies and was experiencing considerable employee turnover. Completed integration of accounting and procedures, gained control of financials, and improved period closing from several… Show more Responsible for daily accounting functions, including accounts payable, accounts receivable, customer billing, cash receipts, fixed assets, and payroll. Worked closely with the plant controller on month-end close, budgeting & forecasting, and inventory. • Company was made up of three recently acquired companies and was experiencing considerable employee turnover. Completed integration of accounting and procedures, gained control of financials, and improved period closing from several weeks to one week. Show less
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EY
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United Kingdom
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IT Services and IT Consulting
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700 & Above Employee
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Senior Auditor
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1998 - 2001
Houston, Texas Area Duties included responsibility for daily management of the audit engagements, extensive interaction with the clients, and supervision of the staff auditors. • Performed quarterly reviews, audits and SEC filings for manufacturers, service providers, and exploration & production companies.
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Preston Exploration, LLC
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Oil and Gas
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1 - 100 Employee
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Staff Accountant
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1995 - 1998
The Woodlands, TX Responsibilities included all depletion, depreciation & amortization for the company as well as monthly review and analysis of real estate financials provided by property managers. • Implemented and trained staff for a new software system used for financial budgeting and analysis of the investment properties. • Implemented and maintained the ERP fixed asset module, including guidance to the provider for tax & AMT methods of depletion/depreciation.
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Education
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Northwestern College
Bachelor of Arts (BA), Accounting