Lisa Brown
Revenue Accounting Manager at TG Natural Resources LLC- Claim this Profile
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Bio
Experience
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TG Natural Resources 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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Revenue Accounting Manager
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Apr 2022 - Present
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Revenue Accounting Supervisor
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Jan 2019 - Mar 2022
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Senior Revenue Analyst
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Mar 2017 - Dec 2018
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Revenue Accountant
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Jun 2015 - Mar 2017
- Responsible for distribution of revenue for both operated and non-operated properties in the East Texas area- Work closely with Production Accounting to validate production data vs. paid volumes- Process revenue related deduction invoices and pipeline cash out invoices- Reconcile numerous general ledger accounts including: Accounts Receivable, Intercompany Accounts, Taxes Payable, Royalty Payable, Accrual Accounts and Cash Clearing- Routinely meet with auditors to provide audit analysis schedules, selection tracing and revenue explanations- Compile information used to calculate revenue accruals for Texas, Alabama and Colorado/Utah asset areas- Analyze monthly revenue accruals for financial statements: review operations reports, calculate weighted average NRIs, analyze non-op trends, COGS rates and tax rates - Prepare monthly revenue variance explanations for Management Report- Created and currently maintain revenue report for management’s use to reflect all revenue activity each month: accruals, actuals, deductions and intercompany transactions- Developed and currently maintain financial close report for management’s use which evaluates two types of variances: month to month and actuals vs. budget. Key components that drive these variances include: price, day, accruals, PPAs, COGS and intercompany transactions- Support large company acquisitions up to $1 billion: participate in due diligence and integration meetings to ensure assets’ revenues will be processed timely and accurately upon revenue “Go Live” distribution date- Highly involved in revenue accounting special projects supported by IT: testing revenue functions within the QRA system- Communicate revenue department needs to develop new reports in SAP Business Objects QQM- Coordinate with outsourced accounting service on a daily basis to manage tasks and provide guidance on revenue processes- Assist Business Development, Land Administration and Reserves departments with special requests
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Samson Resources
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Oil and Gas
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300 - 400 Employee
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Revenue Staff Accountant
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Jul 2013 - Jun 2015
- Responsible for timely and accurate distribution of revenue for both operated and non-operated properties in the following states: Texas, Oklahoma, Wyoming, Louisiana, Kansas, New Mexico, North Dakota and Colorado - Distributed revenue for gas, oil and NGLs: approximately $15 million per month for Samson and its affiliates - Increased monthly distribution responsibility by approximately $10 million per month - Maintained and reconciled monthly close reports: Accounts Receivable, PPA’s, Pricing and Pipeline Allocations - Generated and uploaded journal entries for working interest and royalty interest adjustments in addition to account balance transfers and reclassifications - Facilitated monthly production volumes and identified any variances between actual volumes vs. paid volumes - Processed monthly prior period adjustments (PPA’s) for initial releases, ownership changes and volume reallocations - Communicated with various departments such as Division Order, Regulatory and Land to ensure accuracy of distributions - Tracked and collected missing payments - Trained new hires in the department’s processes and procedures - SAP Implementation: tested revenue functions within the SAP PRA accounting system
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Samson Resources
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Oil and Gas
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300 - 400 Employee
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Joint Interest Billing Intern
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May 2012 - Jul 2012
-Completed a Solar Tax project which allowed the company to receive a renewable energy tax credit -Gained general knowledge of and experienced the month to month responsibilities of a JIB accountant -Completed a Solar Tax project which allowed the company to receive a renewable energy tax credit -Gained general knowledge of and experienced the month to month responsibilities of a JIB accountant
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Samson Resources
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Oil and Gas
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300 - 400 Employee
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Audit Intern
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Jun 2011 - Aug 2011
-Completed an internal audit project which tested the accuracy of billing Major Construction Overhead -Presented project results to management -Worked on routine audit projects in support of my supervisor -Completed an internal audit project which tested the accuracy of billing Major Construction Overhead -Presented project results to management -Worked on routine audit projects in support of my supervisor
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Education
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University of Oklahoma
Bachelor's Degree, Accounting