Reade Taylor

Operations Accounting Manager at Tauber Oil Company
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
US

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
You need to have a working account to view this content.

Experience

    • United States
    • Oil and Gas
    • 1 - 100 Employee
    • Operations Accounting Manager
      • Aug 2020 - Present

    • United States
    • Oil and Gas
    • 100 - 200 Employee
    • Back Office Accounting Supervisor
      • Oct 2019 - Aug 2020

      Lead a team of 6 settlement accountants responsible for refined products, crude oil, NGL, and CNG deals. Review open trading system AR/AP aging items report on a weekly basis and work with the team to resolve. Monitor KPIs related to speed of AR processing timing through a comparison of movement date vs. invoice creation date. Ensure business continuity through cross training and that desk procedures have been documented. Oversee daily cash wire forecast for accuracy and work with Treasury to resolve issues.

    • Regional Finance Supervisor
      • Jul 2017 - Aug 2019

      Supervise a diverse team of 5 accountants locally as well as remotely located covering 12 sites (3 in FL, all of MS, AL, and TN). Perform monthly closing tasks including Income Statement expense account review, approve journal entry accruals/re-classes/deferrals, and Balance Sheet reviews. Oversee accounts payable, fixed assets, ad hoc reporting, and lead special projects for the Finance Hub. • Successfully consolidated the quarterly allowance for doubtful accounts true up calculation journal entry for all of the South Region sites • Conducted an audit of Purchase cardholder approvers to ensure alignment with line manager for entire South Hub • Compiled a repository for all lease activity for the region. This enabled leadership to have 100% visibility for all Lease activity whether expense or income producing and accessibility to all relevant terms and conditions. o Compiled a repository for all lease activity for the region. This enabled leadership to have 100% visibility for all Lease activity whether expense or income producing and accessibility to all relevant terms and conditions.

    • Senior Finance Analyst
      • Apr 2012 - Mar 2016

      Supported the following major projects organizations: Deepwater, Unconventionals, and Downstream. This was an individual contributor role where my primary focus was on business planning, monthly reporting to the VP and general managers, month-end close, and many ad hoc requests. • Reduced overhead travel and accommodation costs by over $1M in the Unconventional organization which was 100% over budget – process improvements were realized with training of the technical staff. • Increased visibility regarding the overall profitability of the Deepwater organization by creating a P&L report out by technical staff member. This encompassed all aspects of overhead costs of $200M+ (salary & burden, training, travel, contract staff costs, etc.) and the $300M+ revenue stream realized via billable hours to the customer. This was done at the request of the VP and thus enabled sound business decisions. • Eliminated waste by persuading the Deepwater VP to streamline monthly reporting from 4 MS PP reports to a single monthly “One Pager”.

    • United Kingdom
    • Oil and Gas
    • 700 & Above Employee
    • Accounting Supervisor
      • Nov 2007 - Apr 2012

      Successfully managed a diverse team of up to 14 financial analysts for both the Products and Crude Trading organizations. My team was responsible for reconciling/reporting out all aspects of Profit and Loss between the Trading books and the Financials to finance leadership as well and internal customers in the Trading business. · Project Manager - resolved the Crude Trade book to Financial Gap which historically had ranged between $50M to $60M. This project revealed disconnect in transportation costs and inventory losses not accounted for properly. At 2010 this Gap was corrected and/or explained down to under $1M. Awarded for this accomplishment.· Participated in weekly project status update meetings with the global leader for crude trading North America throughout the duration of the project (1 year) reporting progress and effectively addressing technical questions.· Successfully facilitated monthly Trade Book to Financials GAP analysis meetings. The audience for this SOX control consisted of the finance manager, head of finance North America, risk control manager, as well as other members of leadership. · Elevated the $100M+ Fuel Oil cost recon to new levels of accuracy as this was typically out of balance by 20% to 30%. The Fuel Oil book was the test pilot for this new cost reconciliation process which was later rolled out to all of the other trade books resulting in all costs matched and accounted for.

    • Senior Financial Analyst
      • Jun 2004 - Nov 2007

      Value Added Problem Resolution• Uncovered a $2.2 million-dollar financial discrepancy where Shell had under billed a 3rd party customer. I facilitated a meeting involving scheduling, trading and the settlements group, which ensured procedures were in place to process these sales accurately.- Uncovered a $1 million dollar financial discrepancy involving a manual price deal where Shell Trading had under billed a customer. This discovery in part sparked interest in whether or not so many "manual price" deals are really necessary and how truly accurate TB PNL is with so much manual effort.

    • Settlement Analyst/Recon Analyst
      • Jun 2001 - Jun 2004

      o Inventory reconciliation analyst responsible for three Northeast terminals. Journal entries, accrual entries and all aspects of month end close activities were handled in SAP to ensure all volumes were correctly accounted for. o Sales settlement analyst responsible for all pipeline deals - $1.8B in revenue and a total of 2,100 transactions in a given year. o Inventory reconciliation analyst responsible for three Northeast terminals. Journal entries, accrual entries and all aspects of month end close activities were handled in SAP to ensure all volumes were correctly accounted for. o Sales settlement analyst responsible for all pipeline deals - $1.8B in revenue and a total of 2,100 transactions in a given year.

  • Chevron USA
    • Houston, Texas Area
    • Operations Specialist
      • May 1998 - Jun 2001

      o Daily responsibilities included account receivables, account payables, contract administration, product invoice settlements, and monthly inventory reconciliations. o Closed out trades with 3rd party brokers after markets closed and met margin calls if needed at the start of each trading day. o Daily responsibilities included account receivables, account payables, contract administration, product invoice settlements, and monthly inventory reconciliations. o Closed out trades with 3rd party brokers after markets closed and met margin calls if needed at the start of each trading day.

Education

  • Texas A&M University - Mays Business School
    BBA, Finance
    1995 - 1998

Community

You need to have a working account to view this content. Click here to join now