Donald Tran

Donald Tran Email and Phone Number

Managing Partner – FP and A and Operations @ Houston, TX, US
Houston, TX, US
Donald Tran's Location
Houston, Texas, United States, United States
About Donald Tran

Senior finance and accounting professional with 14+ years specializing in FP&A and Joint Venture accounting. Expertise in statistical analysis, budgeting, forecasting, modeling, reporting and adhering to GAAP. Proven track record in identifying gaps, providing value-added analysis and timely results. Excellent communicator, and collaborator from field level to board of directors.Financial Planning & Analysis • P&L Management • OneStream • Accounting Operations • Strategic Planning • SAP ERP • Financial Reporting • System Configuration • Sarbanes-Oxley (SOX) • Joint Venture Accounting • Audit • Project Management • Month End Closing • Team Management • KPI Development • Account Reconciliation • MS Office • AFE Navigator • JIBLink

Donald Tran's Current Company Details
Transsani, LLC

Transsani, Llc

Managing Partner – FP and A and Operations
Houston, TX, US
Donald Tran Work Experience Details
  • Transsani, Llc
    Managing Partner – Fp And A And Operations
    Transsani, Llc
    Houston, Tx, Us
  • Transsani, Llc
    Managing Partner – Fp&A And Operations
    Transsani, Llc May 2018 - Present
    Houston, Texas, United States
    • Develop financial models to evaluate monthly P&L against the forecast and budget, and identify drivers and trends to minimize risk and maximize performance• Prepare and develop annual budgets and forecasts for product development, marketing, overhead, and growth• Collaborates with organizations on evaluating and improving daily operations and overall financial performance• Increase profits by researching, developing, and proposing new product lines to increase customer base and retention• Partners with executive managers on designing and implementing policies, processes, and procedures• Created multiple businesses from ground floor construction to interviewing, training, and managing employees
  • Statoil
    Project Manager
    Statoil May 2016 - Jan 2018
    • Direct $390 million farm-in project of investments to increase company working interest by 13%• Build and develop custom reports for Finance and Accounting to increase reporting effectiveness• Perform finance related functions for special projects related to the company’s investments and divestments• Provide resources and input to ensure that projects hit critical milestones and are successfully implemented• Drive continuous improvement focusing on key initiatives, a systematic approach, and stakeholder engagement
  • Statoil
    Senior Financial Analyst, Fp&A
    Statoil May 2014 - May 2016
    • Prepare annual budget and quarterly reforecasts for Eagle Ford asset in coordination with key operations personnel• Prepare variance explanations between budget and actuals to key stakeholders• CAPEX Standardization Project Leader to align all US onshore operated and non operated assets in capital forecasting, KPI tracking, well spending, and accruals• Develop financial models and dashboards to track capital spend and forecasting for upper level management• Analyze business drivers for possible changes and identifying gaps• Develop and track KPIs that reflect and support the company’s strategic objectives• Drive improvement and refine performance metrics, targets, and forecasts; resulting in focused, value-added analyses
  • Statoil
    Senior Joint Venture Accountant
    Statoil Nov 2011 - May 2014
    Houston, Tx
    • Project Leader in charge of design and implementation of new financial model for all US assets including SAP configuration, testing, and implementation• Responsible for correct set up and maintenance of Joint Venture master data in SAP for both Onshore and Offshore activities• Process all of Eagle Ford’s $300 million monthly Operated and Non-Operated Joint Interest Billings, Cash Calls, and track AFEs• Perform monthly variance analysis and review account reconciliations for accuracy• Develop and maintain USA processes, procedures and improvement initiatives for Joint Venture accounting
  • Hess Corporation
    Joint Venture Analyst, Erp
    Hess Corporation Jan 2010 - Nov 2011
    Houston, Tx
    • Direct a 7-month cost recovery assignment which successfully led to the discovery and correction of over $9 million• Perform SAP back end system configuration changes and test in multiple environments • Facilitate and review the setup of new Joint Ventures for Operated and Non-Operated assets in SAP• Assist financial support and shared services business units in maximizing capabilities and ensuring that system configuration supports standard industry processes
  • Bhp Billiton
    Joint Venture Accountant
    Bhp Billiton Jun 2008 - Jan 2010
    Houston, Tx
    • Lead the Global AFE Project Team, which successfully developed a report and set company wide standards for AFE tracking and reporting• Develop standards and control processes to drive global consistency in Joint Venture accounting methodologies• Record journal entries and accruals for month end closing and reporting including the distribution of Joint Interest Billings and Cash Calls• Review JIBs to consider cost recovery issues in accordance with the terms of all Joint Operating Agreements and contracts• Facilitate changes to Joint Venture processes and reporting as required by Joint Venture farm-ins/farm-outs
  • Transocean
    Sox Compliance Analyst
    Transocean Aug 2004 - Jun 2008
    Houston, Tx
    • Lead developer on SOX control database as well as prepare and implement a risk-based audit plan• Plain, scope, and manage departmental process narratives, policies and procedures• Provides written and oral communication on Audit progress to Corporate Executives and Audit Committee• Perform materiality and coverage analysis of significant accounts

Donald Tran Education Details

Frequently Asked Questions about Donald Tran

What company does Donald Tran work for?

Donald Tran works for Transsani, Llc

What is Donald Tran's role at the current company?

Donald Tran's current role is Managing Partner – FP and A and Operations.

What schools did Donald Tran attend?

Donald Tran attended Baylor University - Hankamer School Of Business.

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