Shari Patrick Email & Phone Number

Houston, Tx, Us

Houston, Texas, Us

Collaborate and act as a sounding board with stakeholders to vet ideas and recommend solutions for commercial Targa Liquids Marketing and Trading issues.Perform monthly intercompany account reconciliation and coordinate the timely resolution of all discrepancies with affiliates. Reconcile the weighted average cost of goods sold (WACOGS) for all downstream products and locations between two systems.Provide support and analysis for 10-Q and 10-K Management Discussion and Analysis (MD&A) reporting. Participate in MD&A and Disclosure Review meetings with the Executive Team. Prepare supplemental accounting entries as needed to assure accuracy and completeness of segment results. Use knowledge and expertise to prepare ad-hoc reports as necessary.

Houston, Texas, Us

Subject matter expert for business unit, working closely with Middle Office, Scheduling, Traders, & Compliance to ensure timely and accurate information is reported in accounting numbers. Redesign U.S. business accounts receivable aging report streamlining the reporting process. Also, significantly reduced the time to resolve discrepancies between the ledger and associated sub-ledgers.Process invoices for biodiesel, ethanol, crude oil, renewable energy credits (RINS), and Petrochem-Asia.Reconcile accounting results to risk/position reports and third-party statements.Roll inventory, report gains/losses.Reconcile intercompany accounts between U.S. & and other regions.

Gathered product movement information (Right Angle, SAP, Inspection Reports, Terminal Operating Statements, and Book Inventory) and performed timely and accurate reconciliations of volumes (including recording gains/losses) between the company systems and third-party statements on a monthly basis.Worked closely with internal counterparts and third-party counterparties to resolve all outstanding issues.Responsible for month-end close related duties related to NGL inventories.Performed plant accounting for an NGL Processing Plant utilizing a pricing model based on prior productivity and prices to determine the optimum NGL daily product production levels.Pre-user acceptance testing of IT rollouts related to trading and assisted with testing the transition from desktop-based Business Objects reporting to web-based reporting.Companies included ConocoPhillps, Gavilon Group, Phillps66, Plains, and BP. Commodities covered Natural Gas, Gasoline & ULSD, NGLS, and Crude Oil.

Supervised Middle Office/Risk Management and Control Group of three people.Responsible for testing two major risk system implementations including the transition from Access-based price curve calculation to the calculation of price curves within the risk system itself, for financial reporting purposes, and the transition to using third-party price curves instead of trader marked spreadsheets, on a daily basis, for internal and financial reporting purposes. Maintained risk management system data functions, profiles, groups, and authorizations used to value accurately and report MTM P&L positions and risk exposures for the natural gas, power, and crude oil portfolios.Ensured end-of-day calculation of the portfolio was timely, complete, and accurate. This included review of the curve load process, calculation routines, and oversight, review, and drilldown of P&L.Performed independent price valuation process including: maintenance of cross-reference tables between third party and internal price curves; verification of primary and secondary curve relationships; upload and calculation of new price curves; analysis of significant variances between external and internal price curves and resulting MTM values by strategic business unit to deal level. Worked across the organization to resolve outstanding issues related to trading, settlements, confirmations, and credit.Streamlined several manual processes.

Managed staff of three people responsible for formulating and forecasting earnings for DMT (weekly, monthly, quarterly, and yearly) and communicating earnings' results to upper management.Met weekly with traders and accounting department to determine results of operations.Captured and reported origination deals to the President of DMT Origination.

Houston, Texas, Us

Supervisor, Mid-Office Risk Management - Energy Services (7/1999–11/2000) Supervised staff of three people.Responsible for preparing the mid-month and final Physical and Financial Flash, monthly MTM Roll and Gross-Ups (netouts/setoffs) for the corporate Balance Sheet.Maintained a risk management system to ensure compliance with corporate risk policies and procedures.Assisted information technology department in the design and creation of Credit Disclosure, Netout/Setoff Credit Reserve, and Delivered and Transacted Volume Reports.Accounting Analyst, Financial Reporting - Houston Lighting and Power (7/1998–7/1999)Responsible for preparing the monthly internal Financial Statements as well as the Income Statement Analysis Package, Houston Industries Consolidation Package, City of Houston Income Statement and Balance Sheet, and Operations and Maintenance Variance Analysis.Prepared Public Utility Commission Quarterly Report, and Management Discussion and Analysis portions of the required Securities and Exchange Commission filings annual Form 10K and quarterly Form 10-Q

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

Bachelor Of Business Administration (Bba), Accounting