Kenneth W. Lee
The Colony,United States
Summary
Experienced leader with strong background in guiding teams, managing complex projects, and achieving strategic objectives. Excels in developing efficient processes, ensuring high standards, and aligning efforts with organizational goals. Known for collaborative approach and commitment to excellence.
Overview
23
23
years of professional experience
1
1
Certification
Work History
Senior Director of Corporate Finance and Treasury
Pioneer Natural Resources
05.2022 - Current
- Retained all the responsibilities from my Senior Director of Corporate Finance
- Oversee all treasury functions and supervise all treasury staff
- Maintain relationships and communication with several banks
- Responsible for cash management, including investing excess cash in low-risk instruments ($1 to $3 billion)
- Responsible for liability management, including new bond issuances, interest payments, and debt retirements
- Managed the company's two billion revolving line of credit, including negotiating terms
- Responsible for the company’s stock repurchase program ($4 billion), requiring coordination with several different banks
- Responsible for managing the company's credit risk and its policies to mitigate credit risk
Senior Director of Corporate Finance
Pioneer Natural Resources
06.2015 - 04.2022
- Oversee corporate financial planning and analysis department
- Evaluate mergers and acquisitions activity, including two acquisitions totaling over $20 billion and three divestitures
- Worked with senior executives and investment banks to evaluate return metrics and other financial statistics
- Coordinate with asset teams to consolidate each group’s operational data, capital expenditures, and production information into company-wide forecasts
- Coordinate with all other corporate functions to ensure the financial model inputs are current and accurate
- Work closely with the executive committee and the chief financial officer to forecast the economic impact of various scenarios, including changes in activity levels, different commodity pricing, and potential mergers and acquisitions
- Simplified the budgeting process for general and administrative expenses by implementing a top-down approach
- Prepare presentations for quarterly board of directors’ meetings, investor conferences, and internal management committee use
- Managed the derivative program, including both commodity and interest rate derivatives, entered into derivative contracts with various banks, and worked with the accounting department for proper financial statement disclosures
Western Asset Team Finance Director
Pioneer Natural Resources
09.2014 - 06.2015
- Worked with the subsurface and operations teams to prepare production forecasts and capital budgets
- Coordinated with corporate accounting functions, including financial reporting, corporate accounts payable, treasury, tax, joint interest billing, and property accounting
- Prepared quarterly financial statements and management operation presentations
- Prepared quarterly financial statements for two separate joint ventures
- Supervise analysts and accounts payable staff
Alaska Controller
Pioneer Natural Resources
05.2010 - 09.2014
- Responsible for routine functions, including revenue accounting, month-end accruals, monthly reporting, and financial planning
- Prepared all statewide regulatory filings, including production tax, property tax, state royalties, and state economic reports
- Coordinated with corporate accounting functions, such as financial reporting, corporate accounts payable, treasury, tax, joint interest billing, and property accounting
- Prepared quarterly financial statements and management operation presentations
- Supervise senior analysts and accounts payable staff
Manager, Corporate Finance
Pioneer Natural Resources
05.2008 - 05.2010
- Redesigned the company’s outdated financial model to reflect current accounting standards
- Implemented new modeling software to automate and enhance the accuracy of the modeling process
- Gathered financial and operational data from various departments to ensure the model uses the most current information available
- Utilized information generated from the model to prepare internal management reports as well as slides, tables, and graphs for board and investor presentations
Senior Accountant, Financial Reporting
Pioneer Natural Resources
11.2006 - 05.2008
- Prepared and submitted SEC documentation including 10Q,10K, S-1 Registration Statement, and 11K Retirement Savings Plan
- Prepared monthly and quarterly internal financial reports
Senior Accountant, Financial Reporting
Trammell Crow Company
02.2005 - 11.2006
- Prepared and submitted SEC documentation including 10Q,10K, and 11K Retirement Savings Plan
- Created and maintained the quarterly financial report designed to automatically update all financial information from data prepared by multiple departments throughout the company
- Prepared presentations for management to use in communications with the board of directors and investors
Audit Senior
Grant Thornton LLP
07.2004 - 02.2005
- Performed audits, compilations, and reviews for financial institutions, hedge funds, retail companies, manufacturing companies, and benefit plans
- Clients included both publicly held and privately held companies
- Drafted financial statements and footnote disclosures
Audit Associate
Grant Thornton LLP
12.2002 - 06.2004
- Performed audits, compilations, and reviews for financial institutions, hedge funds, retail companies, manufacturing companies, and benefit plans
- Clients included both publicly held and privately held companies
- Drafted financial statements and footnote disclosures
Staff Accountant
Stovall Grandly & Whatley LLP
04.2002 - 12.2002
- Performed audit procedures for financial institutions, governmental entities, and manufacturing companies
Education
Bachelor of Business Administration - Accounting
THE UNIVERSITY OF TEXAS AT ARLINGTON
Arlington, Texas05.2002
Skills
- Collaborative leadership
- Policy development
- Stakeholder relations
- Reporting expertise
- Strategic planning
- Budget management
- Strategies and goals
- Business planning
- Financial management
- Financial reporting
Certification
Certified Public Accountant, Texas
Timeline
Senior Director of Corporate Finance and Treasury
Pioneer Natural Resources
05.2022 - Current
Senior Director of Corporate Finance
Pioneer Natural Resources
06.2015 - 04.2022
Western Asset Team Finance Director
Pioneer Natural Resources
09.2014 - 06.2015
Alaska Controller
Pioneer Natural Resources
05.2010 - 09.2014
Manager, Corporate Finance
Pioneer Natural Resources
05.2008 - 05.2010
Senior Accountant, Financial Reporting
Pioneer Natural Resources
11.2006 - 05.2008
Senior Accountant, Financial Reporting
Trammell Crow Company
02.2005 - 11.2006
Audit Senior
Grant Thornton LLP
07.2004 - 02.2005
Audit Associate
Grant Thornton LLP
12.2002 - 06.2004
Staff Accountant
Stovall Grandly & Whatley LLP
04.2002 - 12.2002
Certified Public Accountant, Texas
Bachelor of Business Administration - Accounting
THE UNIVERSITY OF TEXAS AT ARLINGTON
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