Michael Ault Email & Phone Number

Houston, Tx, Us

Manage the fixed asset accounting systems of the largest manufacturer of exterior building products in North America for both residential and commercial building solutions. Maintain capital projects database in conjunction with project managers' budgetary guidelines. Consolidate and reconcile monthly fixed asset roll-forwards for all 8 entities of the commercial group. Prepare monthly reconciliations and journal entries for construction-in-progress and other accounts. Document fixed assets processes and procedures to comply with SOX internal control standards.

Houston, Texas Area

Managed the general ledgers and monthly close processes in both SAP and IFS of this international producer and distributor of specialty mineral products. Processed and reviewed monthly journal entries and account reconciliations of accounting staff. Responsible for reconciling all intercompany transactions of both domestic and foreign subsidiaries. Assisted accounting staff in reconciling numerous other balance sheet accounts of domestic entities.

Houston, Texas Area

Managed the general ledgers and monthly close processes in both SAP and Great Plains of this international specialty chemicals provider. Processed and reviewed monthly journal entries and account reconciliations of accounting staff. Ensured the timely and accurate reporting of all monthly and annual financial information. Established and maintained controls for Sarbanes-Oxley compliance of internal control systems. Developed custom reports and trial balances out of the SAP and Great Plains systems for analytic purposes.

Houston, Texas Area

Reconciled refined product inventory volumes for over 40 mid-continent locations between Phillips 66 and external partners. Interacted with Commercial Billing, Scheduling, and Rack Suspense Departments at Phillips 66. Developed business improvement procedures to further enhance inventory processes. Provided volumetric-related analysis & detail for the Commercial business. Assisted the ICAP Team with documenting the daily reconciliation process. Developed procedures to automate pipeline interface data.

Houston, Texas Area

Responsible for North America Operations monthly close and consolidation of international entities into Hyperion financial reporting system for this satellite communications provider. Reduced monthly close reporting cycle from 8-9 days to 3-4 days to finalize financials. Implemented systems conversion to PeopleSoft from IFS for integration of newly acquired companies. Process owner for Sarbane-Oxley compliance of internal control systems. Managed & maintained accounting department and staff of 11.

Houston, Texas Area

Ensured monthly operations reports were accurate and complete, with variances explained for this international offshore drilling rig owner/operator. Interfaced directly with Rig Managers and Operations Management Team regarding monthly performances of three offshore drilling rigs in South America. Reviewed and approved cash forecasts for three South American countries' expenses. Worked with local countries' accountants on VAT, revenue, and withholding taxes, and all other tax issues.

Houston, Texas Area

Managed PeopleSoft general ledger and financial statements for over 40 business units of a physician practice management (PPM) company operating in 7 states. Consolidated all financial information for FemPartners and subsidiaries, including consolidating and eliminating entries between business units. Supervised Accounts Payable and Payroll functions. Prepared multi-state franchise tax returns. Calculated monthly bank borrowing base and prepared quarterly Bank Covenants package.

Houston, Texas Area

Managed SAP general ledger and trial balances for 48 business units of integrated energy solutions provider. Responsible for monthly consolidated balance sheet and income statement of all three product groups – crude oil, natural gas, and natural gas liquids. Analyzed and reviewed cash, credit card operations and sales reports for over 200 retail service centers.

Houston, Texas Area

Prepared financial statements, footnotes and related disclosures for SEC filings. Prepared monthly and annual consolidated financial statements, including footnote disclosure, for Plains Marketing and four other subsidiary companies. Analyzed, managed, and forecasted cash resources and budget variances. Responsible for net-out of incoming and outgoing wire transfers and analysis of activity.

Mba, Accounting/Finance

Worked during school as a financial planner and accounting assistant for two prominent New Orleans companies.

Bsm, Business Management