SAP (PRA, FICO)
Jean Cannu
Elizabeth,CO
Summary
Senior level Oil & Gas professional with management experience offering 14 years of oil and gas expertise in Revenue, State Production Tax Compliance, Federal Royalty Compliance, and Marketing functions.
Overview
14
14
years of professional experience
Work History
Marketing Accounting Supervisor / Senior Revenue Accountant
INEOS Energy
10.2023 - 10.2024
- Manage marketing entity and leading transition of Houston marketing office to in house accounting function creating alignments with current SAP system.
- Implemented tracking and accounting processes for Pipeline and Plant imbalances and method for allocating back to well level utilizing in house tools and Chemical Analysis & SPF tools within SAP.
- Utilized industry knowledge, problem solving and analysis in creating accurate and efficient monthly Revenue workbooks and processes for operated oil and gas allocation and valuation, aligning the workbooks for SAP PRA uploads.
- Monthly Accruals, Nominations, Shrink and Yield Calculations, Account reconciliations, Revenue Analysis tools, Monthly Regulatory Tax and Royalty filings and master data maintenance.
- Created workbooks using third party statements to analyze volumes and values, and having read contracts for each third party vendor, to date have identified $10M in recoupable funds for the business that is now currently in legal negotiations.
- Continued system testing and troubleshooting, creating bugs and user stories and seeing them to completion.
- Revenue and Marketing point of contact for legal in continued compliance reviews and ongoing marketing arrangements.
- Revenue point person for various commercial and business development deals with partners, creating monthly process to accommodate working interest settlement diversity within SAP.
- Created SQL queries within Snowflake to prepare various reports for the business, as well as to streamline current processes.
Senior Regulatory and Revenue Accountant
Caerus Oil & Gas
11.2022 - 11.2023
- Manage Manual compliance reporting to State Regulatory Agencies for Royalties and Severance Tax as well as ONRR filings for assets in UT & CO
- Monthly Revenue duties of accruals, actuals, analysis and special projects as needed including creating workbooks that allowed for further analysis of CO and UT ad valorem data to allow for Year over Year review.
- Identified UT Tax risks and provided recommendations for improved tax calculation and reporting to consulting firm filing UT Taxes.
- Experience in BOLO, created and modified queries for better analysis on data.
Regulatory Supervisor/Sr Mktg & Rev Accountant
QEP Resources
02.2011 - 01.2022
- Acquired extensive Regulatory experience in Quorum and SAP for production taxes related to ND, TX, WY, UT, LA in reporting and master data maintenance and a working knowledge of regulations within each state.
- 1099, DR21W, Federal and Foreign WH experience
- Successfully led a regulatory team of five accountants in system conversion from Excalbir to Quorum (QRA), and then from QRA to SAP. Creating specific user stories for regulatory to incorporate nuances of revenue processes for each state. Ensuring testing and documentation was provided before approving resolutions.
- Performed Marketing Functions utilizing Allegro tools, and performing accounting duties for Oil Marketing provided to Revenue as well as maintaining marketing entries for the Mustang Springs Oil Terminal.
- Led a team of contractors during periods of acquisitions or divestitures performing special projects for gas balancing settlements. Quality assured the data, and did research to ensure accurate ending balances for settlement, as well as incorporating correct pricing calculations for settlements against balances for each party.
- Managed large scale Louisiana and WY Production tax audits that resulted in minimal or no tax due. Performed walk throughs to the State, provided information for ad hoc data requests throughout and negotiated waivers for penalties and interest.
Education
Masters Professional Accountancy -
Metropolitan State University of Denver
Denver, CO05.2015
B.S. Accounting - undefined
Metropolitan State University of Denver
Denver, CO12.2012
Skills
- Strong Verbal, Analytical and Creative Problem Solving Skills
- Experienced in risk mitigation for revenue owner compliance and tax compliance
- In depth knowledge of upstream, midstream and marketing functions
Software
Quorum (QRA)
BOLO
Snowflake
Timeline
Marketing Accounting Supervisor / Senior Revenue Accountant
INEOS Energy
10.2023 - 10.2024
Senior Regulatory and Revenue Accountant
Caerus Oil & Gas
11.2022 - 11.2023
Regulatory Supervisor/Sr Mktg & Rev Accountant
QEP Resources
02.2011 - 01.2022
Masters Professional Accountancy -
Metropolitan State University of Denver
B.S. Accounting - undefined
Metropolitan State University of Denver
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