Denny Clark, CPA

Assistant Controller at Civitas Resources, Inc.
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Contact Information
us****@****om
(386) 825-5501
Location
Denver Metropolitan Area

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Experience

    • United States
    • Oil and Gas
    • 100 - 200 Employee
    • Assistant Controller
      • Nov 2021 - Present

      Denver, Colorado, United States

    • United States
    • Oil and Gas
    • 1 - 100 Employee
    • Operations Accounting Manager
      • Mar 2020 - Nov 2021

      Denver, Colorado, United States

    • United States
    • Oil and Gas
    • 1 - 100 Employee
    • Accounting Manager
      • 2017 - Mar 2020

      Led various month-end close processes, including revenue, capex and LOE. Reviewed and approved monthly derivative, royalty interest, and oil pricing transactions with vendors throughout country, including quarterly mark-to-market evaluations of all hedging positions. Managed three direct reports. Created ad hoc reports for upper management, including cost incurred, LOE/BOE and production analysis. Coordinated and worked directly with internal/external auditors during quarterly reviews and… Show more Led various month-end close processes, including revenue, capex and LOE. Reviewed and approved monthly derivative, royalty interest, and oil pricing transactions with vendors throughout country, including quarterly mark-to-market evaluations of all hedging positions. Managed three direct reports. Created ad hoc reports for upper management, including cost incurred, LOE/BOE and production analysis. Coordinated and worked directly with internal/external auditors during quarterly reviews and annual 10-K audits. Prepared varies financial statement sections within 10-Q and 10-K, including disclosures in MD&A section, while complying with GAAP and oil and gas requirements. Reviewed and prepared payroll and G&A monthly. • Revamped LOE, capex and revenue accrual methods for improved efficiency and accuracy, minimizing differences month over month. • Controlled key accounting components of $500,000,000 bond offering, including revenue, capital, and LOE analysis in relation to company’s operations. • Transitioned accounting department from five- to 20-person accounting team, bringing outsourced duties in-house. • Shortened monthly close from 30 days to 11, providing company with numbers two weeks earlier to enable re-forecast and budget month-over-month. Show less

    • United States
    • Oil and Gas
    • 1 - 100 Employee
    • Assistant Controller
      • 2015 - 2016

      Greater Denver Area Directed revenue and AP accountants to ensure accurate processing of accounting transactions in compliance with oil and gas industry standards. Managed journal entries, invoices and reconciled accounts for monthly and annual closing. Served as point person for annual financial statement audit, including coordination of company resources to assist auditors. • Prepared financial budget with company president and director to forecast future activities with emphasis on comparing projected… Show more Directed revenue and AP accountants to ensure accurate processing of accounting transactions in compliance with oil and gas industry standards. Managed journal entries, invoices and reconciled accounts for monthly and annual closing. Served as point person for annual financial statement audit, including coordination of company resources to assist auditors. • Prepared financial budget with company president and director to forecast future activities with emphasis on comparing projected versus actual revenue received. • Filed annual tax returns for seven entities in collaboration with external tax professionals. • Created internal controls to comply with established best practices and debt covenants. • Prepared financial statements in compliance with GAAP and official oil and gas requirements. Show less

    • United States
    • Accounting
    • 1 - 100 Employee
    • Senior Audit Associate
      • 2011 - 2015

      Greater Denver Area Managed team members on all phases of corporate audit engagements, with emphasis in oil and gas and software clients. Specialized in revenue recognition, including VSOE and multiple element arrangements. Led technology niche group, discussing specific accounting topics related to industry. Consulted with business owners on implementation, execution and compliance of entity level controls. • Directed, trained and mentored associates as well as assessed annual performance. • Created… Show more Managed team members on all phases of corporate audit engagements, with emphasis in oil and gas and software clients. Specialized in revenue recognition, including VSOE and multiple element arrangements. Led technology niche group, discussing specific accounting topics related to industry. Consulted with business owners on implementation, execution and compliance of entity level controls. • Directed, trained and mentored associates as well as assessed annual performance. • Created engagement budgets as part of audit proposals to encompass amount of time and financial considerations required for audit. • Developed and maintained excellent working relationships with all levels of client staff to increase satisfaction and strengthen rapport. • Organized annual volunteer opportunities. Show less

Education

  • Arizona State University
    2009 - 2010
  • University of Iowa
    2003 - 2007

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