Shelly Butler
Houston,Texas
Summary
Skilled senior financial leader bringing 30+ years of experience working with both service and manufacturing organizations. Proven leadership and successful in leading teams in achieving financial goals. Accomplished in working with executive leaders to develop business, financial and growth strategies.
Overview
34
34
years of professional experience
Work History
Product Line Controller - Drilling
Forum Energy Technologies
02.2022 - Current
- Managed all accounting and finance operations for the Drilling segment – includes global accounting operations, inventory, revenue recognition, financial reporting, forecasting and staff
- Coordinating with business operations partners to analyze financials and prepare budget and forecast analysis globally and at the segment level
- Ensure SOX compliance of team and quarterly reporting of internal control compliance
- Develop and document business processes and accounting policies to maintain internal controls and compliance
- Coordinate with external auditors, internal audit, and support of internal departments such as SEC reporting, transactions services, and treasury.
Controller
Houston Pilots
11.2014 - 03.2022
- Managed all aspects of accounting, financial reporting, banking, insurance, and Human Resources in a multi-entity environment
- Accounting staff functions managed include accounts payable, accounts receivable, general ledger, payroll, and financial statement preparation
- Additional areas of responsibility include cash management, collections, and development of group and casualty insurance programs, including premium negotiations annually
- Managed annual year end audit and all tax compliance with accounting firm
- Managed all banking/financing activities including debt covenant reporting, establishing a line of credit facility and asset financing options – including managing currency and interest rate risk and contract negotiation
- Coordinated with outside legal counsel as required on HR, insurance, and compliance issues
- Prepared periodic financial presentations for partnership and outside parties
- Responsible for distribution calculation and processing to partners.
Finance Manager
Medtrade Inc.
10.2013 - 09.2014
- Managed all aspects of accounting, financial reporting, banking, insurance, and IT functions for US operation
- Accounting functions managed include accounts payable, accounts receivable, general ledger, and financial statement preparation
- Reported financial information to parent company on a weekly, monthly, and quarterly basis
- Additional areas of responsibility include cash management, collections, and banking relationships, including analysis for line of credit
- Coordinated with outside legal counsel and accounting firm on tax reporting and other compliance issues
- Managed staff and implemented process improvements for manual system
- Reviewed systems for analysis, implementation, and preparation for migration to new software.
Director of Accounting & Administration
PetrolValves LLC
06.2007 - 07.2013
- Managed all aspects of accounting, financial reporting, banking, insurance, Human Resources, and IT functions
- Accounting functions managed include accounts payable, accounts receivable, general ledger, payroll, and financial statement preparation with specific focus on contract review and compliance for billing purposes
- Reported financial information to parent company as required
- Additional areas of responsibility include cash management, collections, and development of group and casualty insurance programs, including premium negotiations annually
- Managed annual year end audit and all tax compliance with accounting firm
- Developed and implemented corporate policies related to paid time off, compensatory time off, and expense reporting
- Developed and implemented compensation and employee review plan
- Coordinated with outside legal counsel as required on HR and compliance issues.
Accounting Manager
Hines
01.2005 - 05.2007
- Managed department of up to 8 staff, project and senior project accountants
- Primary departmental responsibilities were to act as the liaison with the regions to ensure quality financial reporting, annual business plan preparation, PBC preparation, and cash flow projections
- This department also served in an SEC reporting support function with regard to consolidation of footnotes and other disclosure items
- Served as project manager for the annual business plan review while partnering with the asset management function
- Served as project manager for the interim and year end audits
- Managed the consolidation process for multiple entities and prepared audit reports
- Participated in management’s assessment of the internal controls regarding Sarbanes Oxley compliance
- Administered debt compliance reporting with lenders.
Corporate Accounting Manager
Grant Prideco
03.2002 - 01.2005
- Managed staff of up to six in general corporate accounting functions
- This includes complete balance sheet and income statement responsibility for the corporate entities as well as Corporate A/P, consolidated roll up of reports for all divisions worldwide, and SEC reporting support
- Served as Corporate liaison for a global G/L implementation with the IT team
- Current responsibilities include ensuring infrastructure consistency through GL maintenance and the global chart of accounts and coordinating communication among divisions worldwide regarding corporate accounting directives
- Prepared budgets and forecasts for multiple corporate cost centers
- Led process mapping for the Corporate Accounting Department for compliance with Sarbanes Oxley and continue to participate in the SOX implementation process
- Coordinate with outside auditors during interim and year end audits as well as SOX testing
- Assist Corporate Controller with projects and analysis as required.
Manager-Global Risk Management Operations
Enron
06.2001 - 12.2001
- Managed budgeting process for Enron Energy Services Operations organization, a $40MM budget
- Implemented operational cost reporting and project reporting procedures
- Implemented metrics data reporting procedures
- Participated in an A/R securitization project for the EES business unit
- Managed staff of one.
Manager-Career Development-Associate & Analyst Program
Enron
05.2000 - 06.2001
- Managed Career Development staff of two
- Facilitated rotation management and staffing of A&As in numerous Enron business units (primarily EES and EBS)
- Counseled supervisors and A&As on the performance review process, performance issues, etc
- Managed performance review process for YE 2000
- Participated in recruiting events and planning events for the current pool
- Administered and coordinated the annual survey process
- Participated on team to implement a new system to replace the current database
- Managed staff of two.
Manager/Controller-Enron Investment Partners
Enron
05.1999 - 05.2000
- Managed accounting and financial reporting for EIP, HEOF and HEOF Management Corp-all venture capital funds
- Responsibilities included both management financial reporting and corporate reporting and analysis
- Additional responsibilities include coordination of compliance reporting by portfolio companies to ensure covenants were met, including review of financial statements versus projections.
Senior Specialist-Enron North America Business Analysis & Reporting
Enron
01.1999 - 05.1999
- Responsible for accounting and financial reporting functions for Enron Economic Development Corp
- And Clean Energy Solutions (both Enron subsidiaries)
- Responsibilities included both management financial reporting and corporate reporting and analysis
- Collaborated on a strategic sourcing team to revise and implement a new employee relocation policy, including an RFP and vendor selection
- Prepared schedules for tax and audit departments.
Specialist-Enron Capital & Trade Resources Consolidated Reporting
Enron
04.1998 - 05.1999
- Responsible for fixed asset and deferred expenditures accounting, including establishing procedures with operating personnel as well as reconciliations, system testing and budgeting
- Prepared management reports for work order trend analysis
- Supervised staff as required, including reviewing journal vouchers and account reconciliations
- Prepared schedules for tax and audit departments.
Vice President & Controller
Howell Transportation Services, Inc.
08.1991 - 04.1998
- Transitioned from a subsidiary of a publicly held company to privately held and coordinated all accounting, financial reporting, banking, and insurance functions that were previously centralized
- Accounting functions managed include accounts payable, accounts receivable, general ledger, payroll, and financial statements
- Additional areas of responsibility include cash management, collections, development of group and casualty insurance programs, including premium negotiations, yearend audit coordination and supervision of staff
- Involved in analysis for acquisition studies, budgeting, and development of the employee benefit plan.
Accounting Manager
Howell Transportation Services, Inc.
01.1993 - 01.1996
- Responsible for all areas of accounting and reporting, including financial statements, analysis reports and variance studies; profit planning; pro forma analysis for acquisition studies; development of systems and integration; and supervision of staff
- In addition, coordinated all audit functions at year end
- Prepared traffic data for various analysis and insurance reporting.
Senior Accountant
Howell Transportation Services, Inc.
01.1991 - 01.1993
Education
Bachelor of Business Administration in Accounting -
Texas A&M University
Skills
- ERP Systems Expertise
- Financial statements expertise
- Cash Flow Management
- Budget Preparation
- Revenue Recognition
- Team Oversight
- Cost accounting
- Financial statement review
- Risk Management
- Financial Management
- Internal Controls
- Investment Analysis
- Cash Flow Forecasting
- Financial Forecasting
Systems
- Business Central
- Navision
- OneStream
- Sage
- Quickbooks
- Timberline
- Movex
- SAP
- Microsoft Excel
- Word
- PowerPoint
- Office
Timeline
Product Line Controller - Drilling
Forum Energy Technologies
02.2022 - Current
Controller
Houston Pilots
11.2014 - 03.2022
Finance Manager
Medtrade Inc.
10.2013 - 09.2014
Director of Accounting & Administration
PetrolValves LLC
06.2007 - 07.2013
Accounting Manager
Hines
01.2005 - 05.2007
Corporate Accounting Manager
Grant Prideco
03.2002 - 01.2005
Manager-Global Risk Management Operations
Enron
06.2001 - 12.2001
Manager-Career Development-Associate & Analyst Program
Enron
05.2000 - 06.2001
Manager/Controller-Enron Investment Partners
Enron
05.1999 - 05.2000
Senior Specialist-Enron North America Business Analysis & Reporting
Enron
01.1999 - 05.1999
Specialist-Enron Capital & Trade Resources Consolidated Reporting
Enron
04.1998 - 05.1999
Accounting Manager
Howell Transportation Services, Inc.
01.1993 - 01.1996
Vice President & Controller
Howell Transportation Services, Inc.
08.1991 - 04.1998
Senior Accountant
Howell Transportation Services, Inc.
01.1991 - 01.1993
Bachelor of Business Administration in Accounting -
Texas A&M University
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