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Kristen Fouke Simpson is a seasoned accounting professional with expertise in the energy industry, possessing a strong educational background in business and petroleum technology. She has extensive experience in accounting, analysis, and revenue management, with a proven track record of successfully identifying and resolving discrepancies, and implementing process improvements. With a strong foundation in Microsoft Office and Excel, Kristen has worked in various roles, including Operations Accountant, Senior Revenue Accountant, and Revenue Accountant, and has demonstrated her ability to work effectively in fast-paced environments. She holds a degree in International Business from Oklahoma State University and a PetroTech certification in Petroleum Technology/Technician from Tulsa Technology Center-Lemley Campus.

Credentials

  • MS Excel 2010
    Brainbench Certifications
    Feb, 2013
    - Apr, 2026

Experience

    • Operations Accountant
      • Jul 2022 - Present

    • Senior Revenue Accountant
      • Jul 2020 - Jul 2022

    • Revenue Payout Accountant
      • Sep 2014 - Apr 2020

      • Analyze and monitor all operated and non-operated payout cases• Successfully identified an internal accounting error, resulting in reduction of over $80K in accruals, preventing the possibility releasing accrued amount to outside party• Effectively coordinate with internal departments to ensure accurate accounting on payout situations, including communications with land, division order, gas balancing, JIB/AP, revenue, materials, etc.• Evaluate weekly authorizations to drill for any possible payout implications• Set up all payout situations for tracking and statement dispersal• Process all necessary revenue adjustments upon effective date of payout for all affected owners

    • Revenue Accountant
      • Oct 2013 - Feb 2015

      Defined procedures for creation of property set-ups required for processing revenues in Quorum and essential in troubleshooting system errors.Analyze and record monthly operated revenues and OBO revenues, confirming accuracy of payment and volumes.Prepare monthly revenue cash clearing entries.Reconcile accounts receivable and general ledger accounts.Effectively communicate and coordinate with internal departments as well as external purchasers.

    • Operational/JIB Accountant
      • Jan 2013 - Oct 2013

      Succeeded in pinpointing, scrutinizing and disputing material charges sent in error resulting in a savings of $280K for the company.Influential in creating several accounting processes in transitioning to a new system, including check write and check void processes.Created value by streamlining existing processes, utilizing pivot table analysis for accurate and expedited work flowProcess and analyze all OBO invoices ensuring accuracy of coding as well as validity of charges. Perform back-up responsibility of weekly check writes.Investigate accuracy of coding to accounts, properties and AFEs making manual journal entries where required

    • Drilling Administrative Assistant
      • Apr 2011 - Jan 2013

      Monitor all daily drilling and completion operations and distribute daily drilling reports to partners. Permit each well loocation according to state and federal regulations, including surface and groud water permitting for drilling and fracturing operations. Monitor and analyze drilling costs through turning over to the production department, utilizing pivot table analysis and historical trends.

    • Revenue Accountant
      • Apr 2007 - Apr 2011

      Record revenue, reconcile accounts receivable and general ledger accountsWork closely with other departments and external purchasers to resolve discrepanciesInput and analyze monthly oil and gas receiptsComplete Excel spreadsheets to produce revenue worksheets and allocationsMaintain working papers to support payments/revenue in a neat and orderly fashionCreate and manage multiple purchaser files and revenue agreements

    • Records Assistant
      • May 2006 - Apr 2007

      Maintain all filings for Division Orders, Land, Lease, Well logs, and Prospects filesInventory and update all records sent to off-site storage

    • Supervisor
      • May 2003 - Apr 2006

      Supervise barista team of 3-8 people to ensure quality performance. Reduce bottlenecks and enhance in-store customer experience. Maintain cash drawers and deposits. Manage in-store safe and reconcile partner barista cash drops. Assist management team in implementing store policies and procedures.

Education

  • 2007 - 2011
    Oklahoma State University
    BA, International Business
  • 2013 - 2015
    Tulsa Technology Center-Lemley Campus
    PetroTech, Petroleum Technology/Technician
  • 2005 - 2009
    Tulsa Community College
    AS, Business Administration
  • 2000 - 2002
    The American Musical and Dramatic Academy
    Musical Theatre

Suggested Services

This profile is unclaimed. These are suggested service rates with 0% commision upon successful connection

Industry Focus. “Energy”

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