Karen E. Howell Email & Phone Number

Houston, Texas

Houston, TX

• Completed daily/monthly reconciliation/settlement for as many as 50+ third party gas and oil vendors; worked with traders and schedulers to correct any discrepancies.
• Downloaded from Allegro to Excel, to share preliminary settlement statements with counterparties.
• Updated the Cash Forecast, as needed, in Allegro.
• Actualized natural gas pipelines- PG&E, KRGT, EPNG, SoCal, WFSC, GTN, TWP - and their imbalances; balancing to pipeline statements monthly; settled transportation costs of ~ $4M+/month.
• Recorded monthly journal entries, as part of the close process, in PeopleSoft 9.0, including AR and AP; completed monthly general ledger reconciliations, in Assurenet.
• Responsible for the West Region margin reconciliation at the estimate close and the actual close; explained the prior period adjustments, at the actual close.

Houston, Texas Area

• General Accounting Supervisor, Customer A/R and Patient Trust
• Supervised five direct reports for the month-end process including the analysis of financial statement variances for the Texas Division, seventy facilities.
• Supervised three direct reports for the reconciliation of 190 patient trust, petty cash checking accounts, to fulfill a fiduciary responsibility of long term care entities.
• Supervised assigned balance sheet account reconciliations and work with the field to clear outstanding items (decentralized a/r on four different subsystems).
• Responsible for maintaining the Department’s monthly checklist for close (Sarbanes-Oxley compliance).
• Prepared/reviewed PBC audit schedules, as related to the accounts receivable, and participate in the annual external audit.

Houston, Texas Area

• Feb 2003 - Nov 2005 General Accounting Supervisor
• Rebuilt the general accounting group, from two senior accountants and four clerks to four senior accountants.
• Supervised/mentored the general accounting group to meet the Company’s month-end process deadlines.
• Coordinated the monthly, general ledger scrub, related to 121 active retail sales centers, discontinue operations, and corporate office.
• Ensured that all prepaid assets are amortized and monthly accruals are posted.
• Oversaw completion of monthly true up of sales related purchase orders.