Adele Ottenhof Email & Phone Number

Calgary, Canada Area

• Westcoast Energy Inc. Corporate GL Advisor
• Manage month end close cycle; including journal entry review for cash transactions, accrual vs budget analysis and reporting, account rec approvals, creating reports for consolidation and financial reporting group
• Organizing and creating Financial Statement reports for companies within the Westcoast structure for the tax department tax filing needs. Created new templates to ease the process for the following year, by using a.
• Revamped Stat Canada report templates using Hyperion smart view in excel to populate the quarterly formsLegacy Spectra US Corporate Benefit & Payroll Advisor
• Manually managed company allocation of benefits and related overhead, based on actual labor percentage per business unit
• Reconciled the interface between SAP accounting and SAP HR system, ensuring payrolls interfaced and the values are reasonable. Requiring re-class, as the HR system is WBS based and SAP operational accounting is cost.

Calgary, Alberta, Canada

• Canadian Corporate GL Advisor
• Manage the Canadian GL close process using the Oracle accounting system: approving entries such as corporate allocations process, accruals and amortizations; account recs and TB sign off, coordinating the reporting of.
• Successfully transitioned Houston located corporate accounting activity into a newly created centralized US GL team located in Calgary; gaining vast efficiency enabling the reduction in staff needed to perform the same.
• Efficiently transitioned a newly merged companies’ (historically Spectra Energy) corporate accounting activity into the central head office corporate GL team; facilitating the transfer of knowledge within the.

Calgary, Canada Area

• Oversaw bank accounts ensuring cash needs for major capital projects was efficiently managed
• Implemented process to manage accounting for all cash activities into the accounting system
• Streamlined daily cash forecasting, short term and long term cash projections, third party payment methods and foreign exchange needs
• Coordinated intercompany cash needs for dividends, capital contributions and created accounting entries for all related activities
• Maintained close relationship with the tax group as cash movement can cause unnecessary tax concerns
• Managed intercompany loans and created a process for accruing and paying interest as well as prepayments and drawdowns

Calgary, Canada Area

• Developed a simplified monthly bank account reconciliation and balance sheet/income statement variance analysis creating a systematized process
• Provided support to aid business units in general accounting and G&A management concepts allowing them to manage and understand their budgets verses actual expenses
• Ensured month end company consolidation within the accounting system ran smooth
• Managed Statistics Canada Reporting creating automated reports to simplify the process
• Oversaw monetary account revaluation ensuring Canadian verses US dollar relationships were correctly reflected in the financials
• Prepared annual financial statements for audit, as well as coordinated corporate audits and external audits

Calgary, Canada Area

• Managed and oversaw setup of master data in accounting system with a focus on projects, cost centers and assets
• Supervised accounting entries to projects, cost centers and assets to ensure costs were tracked correctly
• Determined appropriate asset depreciation methods
• Performed monthly asset depreciation calculation and posting
• Analyzed variance analysis on projects, cost centers and assets
• Oversaw reclamation accounting and performed yearly review

Calgary, Canada Area

• Coordinated joint venture accounting set up within the accounting system
• Ensured partner invoicing followed joint venture agreements to reduce partner invoice discrepancies and later audit queries
• Managed the reconciliation of joint venture payables and receivables
• Collaborated with business units on collections and disputes ensuring project owners knew when there were receivable issues and ensuring partner relationships were maintained.
• Provided accounting support in operated and non-operated joint venture audits to safeguard smooth quick audits

Pass With Distinction

Bachelor Of Commerce (Bcom), Accounting

Diploma, Accounting