Josh Molcak Email & Phone Number

Calgary, Ab, Ca

Calgary, Alberta, Canada

- Prepare quarterly financial statements and MD&A using IFRS.l and present findings to the Board of Directors.- Monthly operational and financial reporting and consolidation including ARO, DD&A, IFRS 16 calculations.- Regulatory reporting for Statistics Canada, ESTMA, etc.- Support to treasury and banking functions ensuring compliance with covenants.- Primary contact and support for external audits.- Other ad hoc responsibilities as required.

Calgary, Alberta

- Provide leadership of a team of 4-6 accountants with varying responsibilities and general oversight of the general ledger. - Foster an environment where teamwork, communication, and process improvement is encouraged.- Financial Reporting and financial analysis completed on a monthly, quarterly and annual basis.- Prepared Financial Statements according to Accounting Standards for Private Enterprises (ASPE).- Prepared corporate budget and forecasts.- Maintenance and oversight of internal controls.- Responsible for various external reporting such as StatsCan, ESTMA, T-Forms, etc.- Primary contact for external audits, joint venture audits, etc.- Oversight of treasury, cash management, payroll, insurance and risk management. - First line contact for I.T. issues, primary contact for I.T. providers.

Calgary, Alberta

Member of the Board of Directors. Included a two year stint as President of PASC. Spent time as Board Liaison for Joint Interest Research Committee, Joint Venture Auditing Committee, Financial Accounting Research Committee and Marketing and Membership Committee.

Calgary, Canada Area

- Managed a team that ranged in size between 3 & 6 members.- Prepared a monthly variance analysis report comparing actual operating and capital results to budget and forecast using various analysis tools (Qbyte, Essbase, Outlook). - Prepared the operational and capital portions of the quarterly and annual financial statements (IFRS). - Prepared and reviewed all inbound and outbound statements relating to equalizations, acquisitions and divestitures.- Coordinated proactive analysis of operating results with operations engineers and senior management. - Worked across functional groups to reduce both operating and G&A costs significantly. - Monthly reconciliation of various balance sheet accounts including accrued A/P & A/R, suspense, capital and royalty accounts- Tracked and ensured correction of missing revenue, royalties, and processing income. Recovered over $1MM in processing income and other revenue that had previously been missed.- Ran financial modeling and project economics on major new facility and large drilling projects.- Involved in economic analysis of potential merger and acquisition opportunities.

Calgary, Canada Area

Performed monthly analysis of operating expenses, comparing actuals to budget using Essbase and Enterprise One (JD Edwards) programs. Created and enhanced several Excel spreadsheets to facilitate this analysis.Prepared a monthly report that detailed operating expense performance and gave a year to date update compared to guidance. Prepared a weekly capital report that was reviewed by senior management. Responded to all joint venture and external audit queries as required on a timely basis. Prepared monthly operating and capital expense accruals & DD&A entries.

Calgary, Canada Area

Performed monthly analysis of sales volumes, operating expenses and royalties for all wells and facilities in the Grande Prairie area, comparing actuals to budget using Essbase and Qbyte Outlook programs. Created several Excel spreadsheets to facilitate this analysis.Prepared operational budgets pertaining to the Grande Prairie area. Prepared Business Team Reports and presented variance analysis reports to Management Committee on a monthly basis. Responded to all Joint Venture Audit queries as required on a timely basis using Filenet, OpenInvoice and Outlook. Completed Equalizations for major gas plants. Identified and corrected billing errors related to operating expenses on over 90 wells in the area. Performed a review of variable overhead rates and handling fee calculations of all wells and facilities in the entire organization. Corrected all errors and collected over $300,000 in unpaid overhead and handling fees from partners.

Calgary, Canada Area & Houston, Tx

Worked in Canada and the US on the joint venture related aspects of the implementation of a major ERP system. Created more than 50 test cases and coordinated the testing process for all joint venture tests cases completed in Canada. Loaded legacy data from Qbyte FM into the new system and ensured the validity of the data that others had loaded. Ensured that the interfaces to other programs worked properly (Jiblink, Qbyte PA) and that issues specific to Canada were looked after and correctly addressed (GST, Production Month)An extensive understanding of all aspects of the SAP program was obtained.

Calgary, Canada Area

Performed monthly production cycle for production, revenue, royalties and expenses for various oil and gas batteries using Qbyte PA (Enerstream) and the Petroleum Registry of Alberta. Resolved all A/R issues pertaining to these areasPerformed monthly revenue reconciliations, net profit interest calculations, and other royalty calculations. Trained new co-workers on production accounting and payout procedures.