Michael Dunham Email & Phone Number

Houston, Texas Area

• Integrated Purchasing/Sales Systems with Accounting System - US• Evaluation, acquisition and implementation of new accounting package for Chinese operations• Design and implementation of employee benefit package – Health, Dental, Vision, 401k• Prepared due diligence packages for possible divestiture• Oversaw the preparation of revised tax filings for multiple years resulting in tax reductions of $500k+• Implemented new payroll system• Revamped collection processes reducing receivables over 90 days by $300k+

Houston, Texas Area

•Negotiated and closed acquisition expanding the business horizontally•Setup line of credit and term loans for asset acquisitions•Tax optimization of US entities and international contracts•Developed alliances with fabrication facilities around the world to enhance design and fabrication process while reducing costs and expedite product delivery•Created internal reporting system including extensive project based reports•Redefined budgeting and forecasting process and procedures•Implemented tender board review for all purchases over $50k•Upgraded accounting system & tightened internal controls•Managing offices in various U.S. locations, UK, Singapore, Brazil & India

Houston, Texas Area

•Revamped regulatory reporting and legal structure•Negotiated with IRS to reduce historical interest & penalties by $1mm•Developed in-house tax preparation group for expats saving $450k annually•Restructured insurance programs to cut costs by $177k annually•Streamlined consolidation process and conversion to IFRS

Greater Atlanta Area

•Created full set of internal reports including departmental and project P & Ls•Setup $3mm line of credit to increase working capital •Negotiated and closed merger with regional architectural & planning firm•Brought tax work in-house to reduce audit costs by 43%•Developed interface with state agencies to cut receivable agings by 12 days•Implemented maintenance systems at 23 facilities increasing revenue by $370k

El Tigre, Venezuela

•$2 billion start up E & P project in Eastern Venezuela including local staff of 47•Worked with GM to develop infrastructure, government relationships, set up expat housing, risk management, HSE network, logistics and vendor relations•Ran implementation project of full suite of Oracle financials including all accounting, purchasing, inventory and O & M•Participated on team to negotiate an alliance with Schlumberger •Developed a financial data integration program that directly linked to state oil company’s (PDVSA) financial system to expedite payments. Reduced days outstanding by 22oSystem was later marketed to other operators in Venezuela

Quito, Ecuador

•Managed $1.6b project in Venezuela including local staff of 23•Developed online integrated budgeting/reporting/purchasing system in Venezuela•Developed financials models of all contracts worldwide for use in budgeting, forecasting and capital allocations•Acted as government liaison on a $2.3b project in Ecuador, including the successful renegotiation with Petroecuador of our existing contract in company’s favor •Setup economic models for all fields within the project•Developed government reporting system to transmit budget, billing and operational reporting-Venezuela•Implemented a company wide production, revenue, joint interest and royalty system•Managed hedging program for worldwide oil & gas reserves – Average contract $1.2b•Participated on team to implement Hyperion accounting consolidation and external reporting package•Discovered discrepancies in gas plant realization programs that reduced royalty payments related to liquids extractions by nearly $1mm per year

Master Of Business Administration (M.B.A.), Finance, General

Bachelor'S Degree, Accounting And Finance