Tim Wood Email & Phone Number

Managed the Stream Energy revenue / gross margin accounting processes* Supervised and led a professional team of senior accountants* Analyzed financial statements on a monthly basis and reported on variances* Supervised/prepared monthly account analysis of balance sheet and income statement accounts* Performed annual financial audit prep, research and support* Analyzed financial information, called attention to trends, made recommendations, collected information and prepared reports* Prepared sales tax, PUC and GRT accounting and remittanceSELECT ACCOMPLISHMENTS* Streamlined the unbilled revenue and TDSP expense recognition process to record revenues and expenses by appropriate production month periods.* Led the revenue accounting team to implement new energy markets and products.* Completely reworked the Renewable Energy Credits (RECs) process to properly accrue and retire all REC obligations.* Improved the unclaimed property / escheatment process for faster, more automated reporting.

Managed the FCP Financial Forecasting and Reporting department to produce the Company`s Gross Margin forecast and annual operating plan. Prepared and presented variance analysis data to senior management* Developed financial models and analytics to support strategic initiatives.* Oversaw and managed daily, monthly, quarterly and annual financial forecasts and reports.* Supervised and led a professional team of financial analysts.* Managed the continued development of budgeting, financial forecasting, operating plan and modeling tools.* Analyzed current and past trends in key performance indicators including all areas of revenue, supply cost and operating expenditures.* Monitored performance indicators, highlighting trends and analyzing variance explanations.* Analyzed complex financial information and data to provide accurate and timely financial recommendations to management for decision making purposes.SELECT ACCOMPLISHMENTS* Created the ESIID revenue forecasting/modeling process which led to more accurate and timely projection of financial results.* Overhauled the retail customer churn reporting process by developing a comprehensive reporting database with drill-down capability.* Created a new production month process that improved the gross margin analytic.* Represented First Choice Power at ERCOT’s Commercial Operations Subcommittee (COPS) in order to advocate and support the company’s interests.* Instrumental in the design and development of the daily gross margin forecasting model, a tool that greatly enhanced the company’s financial projection ability.* Actively participated in the transition of duties from First Choice Power to Direct Energy.

* Developed and implemented the load settlement process in preparation of deregulation of the electricity market.* Developed the accounting processes and procedures to settle complex wholesale load contracts for the emerging Texas deregulated market.* Hired and trained staff to process the wholesale accounting transactions to settle retail customers and wholesale counterparties.* Subject Matter Expert in the detail design of the ERCOT Shadow Settlement and Retail Settlement modules of the LodeStar System.* Led the development and implementation of the SCR727 process for Data Risk Management. * Supported Retail and Third Party REP data synchronization

Comanche Peak Steam Electric Station (Cpses)