Justin Hatfield, Cpa, Macc Email & Phone Number

Regulatory, Royalty, and Production Tax Lead for Uinta Basin Assets

Denver, Colorado, United States

- Resolved outstanding and current regulatory compliance reviews, audits, and data mining requests with ONRR- Calculated and performed unbundling to maximize regulatory allowances and deductions with ONRR- Applied deductions to proper periods and documents appropriate support for royalty purposes- Analyzed contracts and other legal documents to ensure full compliance with Federal regulations- Modernized and fully documented royalty reporting processes, implementing efficiencies… Show more - Resolved outstanding and current regulatory compliance reviews, audits, and data mining requests with ONRR- Calculated and performed unbundling to maximize regulatory allowances and deductions with ONRR- Applied deductions to proper periods and documents appropriate support for royalty purposes- Analyzed contracts and other legal documents to ensure full compliance with Federal regulations- Modernized and fully documented royalty reporting processes, implementing efficiencies throughout.- Provided additional regulatory support to the Revenue team as needed.- Performed and cleaned up account reconciliations and statements of accounts up to 24 months past due. Show less

Denver - Dallas - Houston - Tulsa

- Regulatory lead for all clients including production taxes, Federal/Indian Royalties, and state royalties - Experience with regulatory requirements in AR, CA, CO, FL, LA, NM, ND, TX, UT, WY, ONRR- Performed supervisory review of all monthly, quarterly, and annual reports prepared by Opportune’sAnalysts for all clients ensuring timely and accurate reporting.- Coordinated and resolved all compliance inquiries and audits- Implemented benchmarks, process improvements, and… Show more - Regulatory lead for all clients including production taxes, Federal/Indian Royalties, and state royalties - Experience with regulatory requirements in AR, CA, CO, FL, LA, NM, ND, TX, UT, WY, ONRR- Performed supervisory review of all monthly, quarterly, and annual reports prepared by Opportune’sAnalysts for all clients ensuring timely and accurate reporting.- Coordinated and resolved all compliance inquiries and audits- Implemented benchmarks, process improvements, and standardization across multiple clients - Reviewed supporting documentation to be in compliance with SOC 1 requirements- Provided technical expertise to internal staff and external clients regarding reporting requirements,regulations, and existing procedures. Suggested alternatives when appropriate. Show less

Denver, Colorado

- Responsible for performing federal and Indian mineral royalty audits, research, and reviews.- Performed analytics to determine royalty and allowance compliance.- Regularly performed multiple audits at time and met deadlines responsibly.- Participated in special projects to improve CPE reporting and to apply industry systems knowledge to improve processes.- Suggested alternatives and developed workbooks to improve audit accuracy and efficiency.- Selected for and… Show more - Responsible for performing federal and Indian mineral royalty audits, research, and reviews.- Performed analytics to determine royalty and allowance compliance.- Regularly performed multiple audits at time and met deadlines responsibly.- Participated in special projects to improve CPE reporting and to apply industry systems knowledge to improve processes.- Suggested alternatives and developed workbooks to improve audit accuracy and efficiency.- Selected for and participated in the Washington, DC rotation program.- Assigned and lead several concurrent high-profile audits. Show less

Denver, Co

Denver, Co

- Provided services to multiple clients at a time encompassing the entire revenue process from booking revenue, to revenue close, to distribution, to all regulatory reporting, including key account - ONRR & Regulatory expert on staff to assist with other clients issues as they arose- Developed internal tools to improve efficiency and accuracy or revenue booking and regulatory reporting that were implemented company wide.- Experience with regulatory reporting in Colorado, Montana, New… Show more - Provided services to multiple clients at a time encompassing the entire revenue process from booking revenue, to revenue close, to distribution, to all regulatory reporting, including key account - ONRR & Regulatory expert on staff to assist with other clients issues as they arose- Developed internal tools to improve efficiency and accuracy or revenue booking and regulatory reporting that were implemented company wide.- Experience with regulatory reporting in Colorado, Montana, New Mexico, Texas, Utah, Wyoming, Southern Ute Tribal reporting, and ONRR Federal and Indian reporting. Show less

Denver, Co

- Calculated and reported Federal royalties for multiple states and regions.- Prepared and reported severance, royalty,and other tax reports and monthly payments to various states and areas.- Prepared wire payment requests and uploaded 2014 detail each month - Resolved prior reporting issues as they arose & submitted corrected reporting.- Utilized knowledge of ONRR royalty reporting requirements and regulations to avoid penalties and fines.- Assisted with ONRR audits by… Show more - Calculated and reported Federal royalties for multiple states and regions.- Prepared and reported severance, royalty,and other tax reports and monthly payments to various states and areas.- Prepared wire payment requests and uploaded 2014 detail each month - Resolved prior reporting issues as they arose & submitted corrected reporting.- Utilized knowledge of ONRR royalty reporting requirements and regulations to avoid penalties and fines.- Assisted with ONRR audits by responding to document requests, coordinated with outside Federal auditors to ensure audit processes were completed smoothly & efficiently.-Helped develop methodology on how to calculate and report ONRR 2014 Product Code 15-Helped develop and test tax and regulation modules in Quorum during the ERP transition prior to Go Live- Completed monthly account reconciliations and assisted in revenue booking Show less

Denver, Colorado

I performed Federal Audits to ensure royalty payors were properly reporting and paying their royalties on minerals, oil, gas, and other natural resources severed from Colorado.- Performed federal mineral royalty audits, research, and reviews.- Performed analytics to determine royalty and allowance compliance of large oil and gas companies.- Reviewed other auditor’s work and providing basic audit training.- Regularly performed multiple audits at time and met deadlines… Show more I performed Federal Audits to ensure royalty payors were properly reporting and paying their royalties on minerals, oil, gas, and other natural resources severed from Colorado.- Performed federal mineral royalty audits, research, and reviews.- Performed analytics to determine royalty and allowance compliance of large oil and gas companies.- Reviewed other auditor’s work and providing basic audit training.- Regularly performed multiple audits at time and met deadlines responsibly.- Developed an understanding of unique and complex issues related to the oil and gas industry, Code of Federal Regulations (CFR), and Yellowbook (GAGAS) Requirements- Managed the Mineral group’s file room and tracked audits that were to be transferred for permanent storage with the Federal Government.- Completed three large audits that were started by other agents that left the department, while staying under budgeted audit production hours- Was the Mineral group’s training coordinator for CPE requirements & managed the federal library by updating it with new court cases and regulations. Show less

- Individual, Partnership and Corporate Tax - Helped develop, evaluate, and test asset tracing software for litigation clients.- Prepared and managed interrelated individual, trust, and partnership tax returns for a client whose annual billings exceed $4 Million.

- Appraised current processes used to engineer new technological communications networks with process owners and documented with flowchart software.- Evaluated processes of acquired companies to develop efficiencies and suggest alternatives.

Internal Audit Intern

Internal Audit Intern

Macc, Accounting

Activities and Societies: Beta Alpha Psi, AICPA, Colorado Society of CPAs, Executive Mentor Program

Bacc, Accounting

Activities and Societies: Beta Alpha Psi, Colorado Society of CPAs, AICPA

Architecture

Education record