Ryan Smith Email & Phone Number

United States

Professional consulting firm specializing in the technical, commercial, operational, due diligence, legal, and financial aspects of the downstream petroleum industries - refining, marketing, storage, distribution, transportation, petrochemicals, and power.

United States

Upstream oil and gas operator engaged in the acquisition and operation of oil and gas assets.

Accountable for all accounting functions for this oil and gas operator while reporting directly to the co-presidents of the company.• Fully responsible for all accounting data entry, revenue allocation entry and distribution, joint interest billing processes, invoice coding approval and payment, financial forecasting, financial statement preparation and analysis, working capital reporting and analysis for long and short term strategic planning and business budgeting, maintaining accounting procedures, monthly tax and production preparation and reporting, and year end 1099 reporting.• Successfully moved and implemented accounting services from being outsourced to being handled in house by company and its employees.• Drafted new accounting procedures, policies, and processes.• Worked with co-president to outline and draft new chart of accounts that were best suited for the company’s needs as well as tailoring naming conventions within the accounting system to better help the organization and customization of data in order to streamline financial reporting from the database.• In charge of non-operator and royalty owner relations as needed in addition to setting up and maintaining credit lines with vendors and making sure every vendor has the proper insurance and master service agreements in place.• Responsible for quarterly and yearly compliance reporting to the company’s bank as well as yearly audits and company tax filings to the IRS and company tax partnership.

Accountable for a wide range of accounting functions and policies for this $35 million EnCap Investments, LP oil & gas exploration portfolio company and its $7 million pipeline subsidiary.• Coordinated an audit of sales and severance taxes paid thereby recouping $181 thousand for company.• Improved year end audit exceptions from over 30 to fewer than 10.• Hands on experience with joint interest billings as well as coding and reviewing invoices before being posted to the accounting database.• Manage a team of 3 outsourced employees.• Increased productivity by streamlining document backup process, invoice approval process, and invoice posting process.• Reviewed delinquent JIB receivables recovering over $300 thousand by preparing ad-hoc reports and data packages for the non-operators who contested the validity of its billing.• Improved operational productivity by developing estimated cash positions and forecasts for long and short term strategic planning and business budgeting.

Master Of Business Administration - Mba

Bachelor Of Science, Finance

Business finance major with elective courses taken in entrepreneurship.