Derek Cohen

Property Accountant at White Rock Oil and Gas, LLC
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Contact Information
us****@****om
(386) 825-5501
Location
Dallas, US

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Experience

    • United States
    • Oil and Gas
    • 1 - 100 Employee
    • Property Accountant
      • Feb 2021 - Present

      Plano, Texas, United States

    • United States
    • Oil and Gas
    • 700 & Above Employee
    • Revenue Accountant
      • Sep 2019 - Feb 2021

      Dallas/Fort Worth Area • Book non-marketed revenue for assigned remitters/purchasers including Shell Trading, Phillips 66 Company, Occidental Energy Marketing, Plains All American, Oneok Field Services, and more through SAP PRA • Provide division order team with information such as interest type, NRI, county/state, API #, etc. necessary to correctly code payments to owners in IBM Lotus Notes, then set up DOI accounting and corresponding Venture DOI’s in SAP • Make Prior Period Adjustments for marketed team in… Show more • Book non-marketed revenue for assigned remitters/purchasers including Shell Trading, Phillips 66 Company, Occidental Energy Marketing, Plains All American, Oneok Field Services, and more through SAP PRA • Provide division order team with information such as interest type, NRI, county/state, API #, etc. necessary to correctly code payments to owners in IBM Lotus Notes, then set up DOI accounting and corresponding Venture DOI’s in SAP • Make Prior Period Adjustments for marketed team in terms of change in ownership and delivery networks • Maintain SOX Control through regulatory reporting of production spikes and dips, price variance monitoring, and negative taxes, and update necessary well information in ARIES Well Monitoring • Set up properties to accounts receival measurement points in SAP PRA to code cash to the marketed team for operating working interest assets • Account Reconciliation in Microsoft Access. Research and provide information for management regarding reasons for suspense, accounts receivable balances, etc. Show less

    • Financial Analyst
      • Jun 2018 - Aug 2019

      Dallas-Fort Worth Metroplex • Gather and compile data (mineral/royalty interest, lease/title agreements, net mineral acreage valuations, etc. into a single consolidated spreadsheet • Produce net present value estimates of potential mineral rights investment undertakings through the use of discounted cash flow analysis as well as proforma financial statement projections.

    • Oil & Gas Student Intern
      • Jun 2017 - Aug 2017

      Dallas-Fort Worth Metroplex • Gathered and analyzed data on potential mineral interest owners, and compile data into a consolidated spreadsheet. • Performed net mineral acreage valuations to create offer letters unique to each mineral interest owner to acquire potentially profitable oil & gas plays.

    • United States
    • Real Estate
    • 1 - 100 Employee
    • Commercial Real Estate Student Intern
      • Feb 2017 - May 2017

      Dallas-Fort Worth Metroplex • Collected and consolidated research relevant to investing, operating and developing commercial real estate in the DFW area • Oversaw office logistics including communications with potential investors and coordinating meetings with clients

    • United States
    • Financial Services
    • 200 - 300 Employee
    • Investor Accounting & Reporting Intern
      • May 2016 - Aug 2016

      Dallas-Fort Worth Metroplex • Reconciled general ledger accounts through Excel modeling to organize, analyze, and keep track of payments, disbursements, and escrow • Collaborated with interns in Chicago to prepare presentations for management regarding the performance of each department

    • Student Intern
      • May 2014 - Aug 2014

      Dallas-Fort Worth Metroplex • Constituent casework involving the creation and organization of campaign supporter/donor database • Prepared event space for campaign events and managed correspondence related to fundraising for the campaign • Contacted over 2,000 constituents in a fundraising capacity

Education

  • Southern Methodist University - Cox School of Business
    Bachelor’s Degree, Finance, General
    2014 - 2018
  • Trinity Christian Academy

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