René Concialdi Email & Phone Number

Denver, CO, US

• Manage daily cashflow & analysis for multi-entity bank accounts, including direct interactions with CFO & Controller on debt capacity, borrowings, debt repayments, scheduled interest calculations & payments, vendor.
• Complex, multi-entity transactional accounting with monthly entries, accruals, amortizations, cashflow tracking, and revenue processing combined with due to/from intercompany transactions
• Stringent weekly vendor payments & processes under challenging environments for multiple years
• Review & approve monthly journal entries relating to accruals, prepaids, depreciation, operating expense, inter-company, amortization & review monthly schedules for accuracy to increase efficiency for posting of entries
• Responsible for monthly GAAP entries including SWAP/derivative settlements, mark-to-market entries, debt reconciliations & other balance sheet reconciliations and entries for multiple entities
• Set up Approval for Expenditure budgets (AFEs) & correcting entries to reclass costs across various projects

• Manage & oversee AP team for accurate processing of invoices, credits & vendor inquiries, develop & enhance existing A/P policies & procedures to improve efficiencies
• Expertise in coding, reviewing & approving vendor transactions for multi-entity (E&P and Midstream) operations & intercompany related items as well as expense report review, tracking & payments, credit card.
• Create, manage & maintain electronic approval workflows & disseminate workflow updates to users & approvers
• Lead, develop & mentor team of A/P associates cultivating a positive and collaborative environment with open communication channels
• Coordinate with field personnel & managers to ensure efficiency & quality in A/P processes, approvals & reporting
• Facilitate User Acceptance Testing (UAT) training, meetings & follow up with A/P system developers to ensure successful enhancements & system deployment to production

Denver, CO, US

• Generate monthly internal reporting financials for the High Plains (North Dakota/Montana) operational division
• Host accrual meetings for revenue, lease operating expenses & capital expenditures for AFEs to ensure final approval of entries for the month
• Present financial results & operational explanations for monthly/quarterly changes in EBITDA(X) in terms of revenues & operating expenses to General Manager of the division & other senior executives
• Ad-hoc reporting for various departments to determine cost allocations & comparative reporting across the division
• Assist Cost Center Owners with understanding costs assigned to their groups & assist in discovering ways to minimize General & Administrative spending

Houston, Texas, US

• Production Accountant
• Team lead & mentor to 7 associates on daily functions & responsibilities, provided recommendations to utilize resources for efficient job/project completion, instilled professional development & provided guidance for.
• Trained team members on oil run ticket processes & updates within the various production accounting systems
• Coordinated month-end processes between various field offices & Denver Division office to ensure successful month-end close
• Assisted in deployment & training of new oil run ticket system used by the field & office personnel, while providing suggestions of further improvements for end-users
• Responsible for setting up oil & gas well systems for North Dakota, Montana, Colorado & Wyoming areas of operation using TOW/cs Production Allocation & Reporting Software

Houston, Texas, US

• Accountant – Materials Management/Inventory
• Trained team members on tubular reconciliations for Utah, Wyoming, Colorado & North Dakota
• Trained multiple contractors to be proficient in use of various applications for the Inventory & A/P groups, assigned responsibilities as designated by the manager
• Coordinated various team activities & ensured manager’s expectations were clarified with team members when questions arose
• Responsible for all North Dakota tubular reconciliations for 11 rig drilling program
• Processed daily accounting transactions including material transfers, journal entries, A/P invoices, asset disposition & allocations for various cost centers, AFEs and facilities across the division

Houston, Texas, US

• Senior Accounting Clerk – Accounts Payable
• Processed manual & electronic invoices from vendors; assigned drilling or completion costs to various AFEs or facilities, accrued sales & use tax for applicable cities, counties & states
• Reconciled duplicate entries through a 3rd party software application; requested & processed credit memos relating to duplicate entries with functional audit trail details
• Consistently maintained & managed vendor relationships along with follow-up payment status; assisted vendors with invoice & supporting documentation submission through EDI system (Oildex);
• Processed correcting journal entries & ensured submission of quarterly accrual amounts to HQ.

Greenwood Village, CO, US

• Staff Accountant
• QuickBooks - Accounts Receivable – processed invoices, payment allocations, credit memo issuance, collections, age analysis & review of days outstanding turnover rates, year-end analysis & post year end transactions.
• Accounts Payable – processed vendor invoices, account allocations & reconciliations, confirmed year-end balances & ensured post year-end payments & adjustments
• Payroll & Journal Entries – processed journal entries for bi-weekly payroll amounts, payroll fees & taxes, journal entries for various expenses & lease agreements, provision for bad debt write offs & bank charges
• Bank Reconciliations – entered deposit details, processed check payments, voided & reversed stale payments monthly reconciliation of 3 bank accounts including credit card statements & reconciliations
• General Office Duties – filing related to A/R & A/P, lease agreements, customer correspondences, bank statements, reconciliations, lease agreement details & payroll information packages

Greenwood Village, Colorado, US

• Revenue Staff Accountant
• Full cycle A/R functions; generated invoices by assigning billable hours for consultants’ time & expenses against specific SOW for Time and Material, Fixed Price or Sale projects
• Allocated pre-paid funds & ensured application of funds against correct client POs
• Processed credit memos & write offs with supporting documentation
• Submitted invoices via on-line billing applications i.e. Digital Oilfield/Oildex
• Improved billing cycle & receivables payment timeline – managed to get most accounts within 45 days turn around

• Staff Accountant
• Full cycle Accounts Receivable & Accounts Payable, Bank Reconciliations, Journal Entries
• Purchase order maintenance for A/R & A/P contracts along with review of contract verbiage & terms
• Assisted with month-end close, collected supporting documentation for sales & use tax reporting
• Payroll processing & timesheet system maintenance, expense report processing for reimbursement
• Facilitated new hire orientation & benefits manuals with updates & changes as needed

Bachelors Degree, Accounting

Associates Degree, Accounting