WADE MEDLIN
Houston,TX
Summary
Seeking a position in Accounting/Finance as Controller or CFO.
Overview
33
33
years of professional experience
Work History
Consultant
VGXI, Inc.
Houston, Texas
12.2023 - 02.2024
- Prepared Financial Statements and Footnotes for the Financial Statements for the 2023 Audit Report; Generated financial reports using Sage 50 Quantum Accounting
Consultant
Louisiana-Pacific Corporation
Houston, Texas
01.2023 - 12.2023
- Investigated, Researched, and Cleared issues for GR/IR (Goods Receipt/Invoice Receipt) In SAP
- Documented steps for Process improvements at Company Plants to clear GR/IR more timely
Consultant
MODE Global
Dallas, Texas
01.2022 - 12.2023
- Documented Agent Commission Processes for Two Divisions (Sunteck tts & MODE Transportation) of the Four Billion Dollar Company; Documented Fixed Asset Addition and Deletion Processes into Microsoft Dynamics; Uploaded Fixed Assets into Microsoft Dynamics from Excel Schedules; used in-house Delta Vll software for Journal Entries
Consultant
Pillarstone Capital REIT
Houston, Texas
06.2023 - 11.2023
- Created and Prepared Monthly, Quarterly, and Annually Journal Entries into Yardi Breeze software; completed Monthly bank reconciliations; Created and Prepared Balance Sheet Reconciliations; Assisted in Tenant Rent Role updates; Created Monthly Close Checklist
Consultant
Python Holdings and Subsidiaries
Conroe, Texas
01.2022 - 12.2022
- Prepared client for GAAP audit by creating schedules for property taxes, PPE, loan amortization, prepaid insurance
- Searched for unrecorded liabilities
- Prepared all the Journal Entries for legal accruals, debt issuance costs, accrued audit expenses, warrants, operating leases prepaid rent reclasses, year-end payroll accruals, unbilled revenue, property tax accruals, bad debt expenses, OCL reclasses, software license write-offs, Factoring AR, PPP Loan forgiveness, and unrecorded liability reclasses
- Created Trial Balance Schedule that tracked all JEs thru to new account balances
- Instructed staff on process improvement on accounting procedures
Consultant
Paysafe Limited
Houston, Texas
01.2021 - 12.2022
- Documented procedures for Journal Entries and Balance Sheet Reconciliations; created monthly, quarterly, and annual journal entries into Oracle; uploaded Balance Sheet Reconciliations Into Blackline; prepared monthly variance account analysis for management
Consultant
Pedernales Electric Cooperative Inc.
Johnson City, Texas
01.2020 - 12.2021
- Documented desktop procedures for Balance Sheet Reconciliations; reviewed new prepaid account activity in iVUE and created month end journal entries for Prepaid Accounts in iVUE; prepared and reviewed Monthly Balance Sheet Reconciliations; prepared Income Statement variance analysis reports for management; reconciled Accounts Payable vendor statements to iVUE Accounts Payables and created a schedule identifying the missing vendor invoices; saved and processed vendor invoices to the Accounts Payable Associates; created a new Company Accounts Payable Payment Procedures Policy that implements best practices for the Account Payable Department
Consultant
Waste Management, Inc.
Houston, Texas
01.2020 - 12.2020
- Documented month end desktop procedures for accruals process for Digital Accounting Group; created month end journal entries for Accruals and Prepaid Accounts
- Researched stale accruals in PeopleSoft as to their creditability and informed management of the findings; created an educational accruals explanation document for management; assisted in tracking consulting and other labor costs for the different digital divisions; analyzed and reported expenses thru OneStream XF to the different digital divisions; created schedules to document the digital labor locations
Consultant
Nexeo Plastics Inc.
Columbus, Ohio
01.2019 - 12.2020
- Documented costing procedures and reports for use with SAP and Business Warehouse; performed Month End close procedures, reports and journal entries; prepared monthly GL reconciliations; updated Blackline for monthly tasks and reconciliations; reconciled variances between SAP and business warehouse
Consultant
Flowco Production Solutions Inc.
Houston, Texas
01.2018 - 12.2019
- Created and implemented Invoice Billing processes to submit the approximately 5000 monthly invoices quickly and efficiently by using APD's OpenInvoice and SAP's Ariba
- Implemented steps to reduce customer disputes by setting up a review process before submitting customer invoices
- Used Syspro to develop schedules to track customer invoice status as submitted, approved, or disputed
- Created daily and weekly invoice status reports for management review to assist with forecasting future cash flows
- Worked with IT to use Optical Character Recognition software to match invoices and supporting documents needed for submitting customer invoice
- Implemented new customer invoice submission process resulting in processing time from three months or more to three days or less
- Achieved record collections three months in a row
- Supervised three direct reports and eight admin
- Initiated bi-weekly conference calls with field admins and IT
- Participated in weekly meetings with credit collections and management to discuss customer collection and submission status
- Documented invoicing process improvements for loading into customer accounts payable portals
Consultant
Strategic Materials Inc.
Houston, Texas
01.2018 - 12.2018
- Prepared audit for PBC Audit Lead Schedules; reviewed and prepared balance sheet reconciliations; reviewed and approved monthly journal entries; designed and created Financial Statement Schedules using Microsoft Dynamics Navision Trial Balance download; assisted with Purchase Price Accounting from the corporate acquisition; added financial footnotes to the Financial Reports for the audit
Consultant
Prince Minerals Inc.
Houston, Texas
01.2016 - 12.2018
- Supervised, reviewed, and researched variances in Monthly Balance Sheet Reconciliations
- Reduced annual audit time by 1000 man hours compared to prior year
- Prepared monthly, quarterly, and annual journal entries for multiple company subsidiaries
- Reconciled Multiple bank statements saving over $225,000 in potential write-offs
- Reconciled multiple intercompany accounts from prior years
- Prepared monthly Flux Analysis Reports for management
- Coordinated and conducted AP Invoice and Material Receipt Project (RNI) and documented over $50,000 AP credits not properly recorded
- Utilized advanced level SAP and IFS skills in researching and analyzing General Ledger and Sub-Ledger transactions and reporting
Consultant
Serta Simmons Bedding
Houston, Texas
01.2015 - 12.2016
- Interim Controller for the Houston mattress manufacturing facility
- Prepared journal entries for monthly, quarterly, and year end close using Blackline
- Prepared monthly balance sheet reconciliations
- Prepared written analysis between monthly actual and budgeted numbers for management
- Supplied support for year-end audit requests
- Assisted with updating facility Fixed Assets schedule
- Supervised Quarterly Physical Inventory and analyzed variance for management
- Supervised Order Entry, Accounts Receivable, Accounts Payable, Cash Applications, Payroll and Credit Card processing positions
- Analyzed hours per piece (HPP) and labor cost per piece (LCPP) for management reviews
- Used in house system OHM
Consultant
Intertek
Houston, Texas
01.2014 - 12.2015
- Canadian Divisional Controller
- Prepared monthly journal entries for monthly close, prepared monthly operating reports for management review, prepared monthly balance sheet reconciliations, developed a monthly close checklist, communicated with Canadian taxing authorities on tax issues, reduced outstanding Accounts Receivables by sixty-five percent, prepared 2015 management budgets and developed a bonus program for salesmen and coordinators; supervised six employees
- As the US Collections Manager, also reduced outstanding Accounts Receivables by twenty percent over a three-month period
- Acted as Intercompany Controller that oversaw over 300 worldwide counterparties with monthly balance reconciliations
- Reviewed, initiated, and authorized payments to the Intercompany Accounts Receivable
- Initiated intercompany corrections with intercompany counterparties
Consultant
Willbros Pipeline Construction
Houston, Texas
01.2012 - 12.2014
- Assisted Divisional Controller with month end percentage of completion revenue and expense projections
- Developed desktop procedures for updating timesheets and uploading rate sheets into JD Edwards
- Developed and prepared worksheet schedules that compared latest Term Revenue and Expenses Forecast to Budget Forecasted Revenue and Expenses
- Acted as North Dakota divisional controller which responsibilities included preparing monthly percentage of completion journal entries
- Collected $1.2 mil in delinquent Accounts Receivables; recovered approximately $2 mil in unbilled revenue and invoiced over $3 mil in backlog work orders
- Assisted in JD Edwards upgrade
- Documented and recorded actual fixed assets to the General Ledger equipment list
- Provided documented steps to improve billing issues with customers
Consultant
CEVA Logistics
Houston, Texas
01.2011 - 12.2012
- Interim Accounting Manager for thirteen entities of CEVA Logistics
- Supervised five accounting associates that prepared and entered monthly, quarterly, and yearly journal entries
- Reviewed, approved and posted journal entries into JD Edwards EnterpriseOne and Oracle
- Reviewed approved, entered, and promoted financials in Hyperion Financial Management (HFM)
- Prepared monthly Close Schedule and monthly Balance Sheet Reconciliation Log
- Maintained monthly closing schedule using Accenture Planning and Control module
- Prepared, reviewed and approved over 200 monthly balance sheet reconciliations
- Reconciled intercompany account balances between CEVA Logistics entities
- Coordinated year-end tax information with CEVA Logistics' Tax Department
- Prepared, reviewed and analyzed flux analysis
- Performed special projects in Accounts Receivables and Legal Expenses for CEVA Logistics
Consultant
BJ Services
Lafayette, Louisiana
01.2010 - 12.2011
- Acted as Interim Accounting Manager for BJ's Completion Fluids Division and BJ's Completion Tools Division
- Prepared monthly and quarterly journal entries in J D Edwards OneWorld (JDE) accounting system and prepared accruals for revenue and expenses
- Prepared monthly topside entries into Business Planning and Compilation (BPC)
- Prepared detailed monthly balance sheet account reconciliations
- Prepared domestic and international weekly sales reports
- Supervised Billing Clerk, Inventory Clerk and Accounts Payable Clerk
- Reviewed all AP checks and AR invoicing before mailing
- Reviewed intercompany transactions and prepared appropriate journal entries
- Coordinated the Fixed Asset division between BJ Services and Superior Completion Services
- Managed $3 million Accounts Payable backlog to completion and saved client over $200,000 in duplicate payments
- Prepared weekly payroll for ten plant processing sites and headquarters
- Facilitated transition from JDE to SAP
Consultant
Horizon Wind Energy
Houston, Texas
01.2010 - 12.2010
- Acted as Interim Controller for ten wind farm electrical generating plants
- Prepared monthly and quarterly journal entries for SAP accounting system and prepared accruals for revenue and expenses
- Reconciled actual monthly revenue and expenses to the budget and prepared detailed monthly reports for the variances between month over month income statement account balances
- Reconciled and posted to accounts receivables, prepaid expenses and accounts payable to detailed sub-ledger
- Prepared detailed monthly balance sheet account reconciliations and reconciled all bank accounts for the ten wind farm plants
Consultant
Price Gregory Construction
Houston, Texas
01.2010 - 12.2010
- Assisted in preparation of balance sheet reconciliations for 3rd and 4th quarters 2009
- Reconciled Cash Bank accounts from June 2009 thru January 2010 that posted $100 million of activity per month
- Verified that accounts receivable, accounts payable and payrolls were entered into the general ledger properly
Consultant
JPMorganChase
Houston, Texas
01.2009 - 12.2009
- Acted as Interim Controller for two California electrical power plants
- Prepared monthly and quarterly journal entries for Microsoft Business Solutions-Solomon accounting system and prepared accruals for revenue and expenses
- Reconciled actual monthly revenue and expenses to the budget and prior-year numbers and prepared detailed monthly reports for the variances between actual and budget numbers
- Reconciled accounts receivables, prepaid expenses, accounts payable to detailed sub-ledger
- Reviewed all AP checks and AR invoices prior to mailing
- Prepared monthly Future Cash Flow Schedules
- Documented AP process improvements for AP staff
Consultant
Corsicana Technologies
Corsicana, Texas
01.2008 - 12.2009
- Acted as Interim Controller
- Prepared monthly and quarterly journal entries for SAP accounting system and prepared accruals for revenue and expenses
- Projected future monthly revenue and expenses
- Reviewed intercompany transactions and prepared appropriate journal entries
- Reconciled actual monthly revenue and expenses to the budget and prior-year numbers and prepared detailed monthly reports for the variances between actual and budget numbers
- Reconciled accounts receivables, prepaid expenses and assets-under-construction to detailed sub-ledger
- Developed monthly management history report
- Initiated monthly meetings between management and plant to review sales and expenses
- Maintained plant Fixed Asset schedule for additions and disposals
- Supervised AP clerk, Collections clerk, Inventory clerk, and Customer Service representatives (CSRs)
- Reviewed all AP checks and assisted in billing discrepancies
Consultant
Cameron Valves
Houston, Texas
01.2007 - 12.2008
- Analyzed and reconciled SAP account balances to detailed account balances after SAP conversion
- Prepared and entered journal entries based on reconciliations
Consultant
Noble Corporation
Sugar Land, Texas
01.2006 - 12.2007
- Prepared and filed 2005 Qatar tax return and 2005 Norway tax return
- Prepared detailed schedules to capture capitalized labor on major shipyard projects
- Verified that supporting schedules agreed with actual SEC10-K and SEC10-Q filings and maintained the integrity and upkeep of supporting documentation for these filings
- Prepared segment revenue by country, region, and by top companies for SEC 10-K and SEC 10-Q filings
- Prepared explanations for Rig Day Rates against budget as filed in the SEC 10-K and SEC 10-Q
- Proofed SEC 10-K and SEC 10-Q before release
- Acted as Interim Controller for Gulf Coast Division, which produced 30% of Noble's revenue at the time
- Prepared and entered journal entries for Gulf Coast Division into SAP accounting system and projected future monthly revenue and expenses
- Reconciled actual monthly revenue and expenses to the budget, prepared detailed monthly reports for the variances between actual and budget numbers, and reconciled capital project expenditures to the capital budget
- Prepared monthly variance reports for balance-sheet analysis
- Reviewed inter-divisional transactions and prepared appropriate journal entries
- Reconciled hurricane insurance receivable between Accounting and Risk departments
- Generated management monthly narrative highlighting activities of Gulf Coast Division
Internal-Controls Consultant
Florida Power & Light (GEXA)
Houston, Texas
01.2005 - 12.2006
- Assisted Sales Department to gather prior-billing data for renewals
- Prepared detailed explanation of billing discrepancies and maintained complete error reports
- Reconciled commercial power contracts to billing system to facilitate the contractual transition from GEXA to Florida Power & Light
- Prepared credit/debit schedules to provide data regarding discrepancies between contracts and billings
- Audited and reconciled contracts and then assisted to determine future revenue, expenses and energy hedging
- Prepared MCPE billing reconciliations for largest GEXA customers
Controller
Champion Hi-Tech Manufacturing, Inc.
Houston, Texas
01.1991 - 12.2005
Education
BBA - Accounting
TEXAS A&M UNIVERSITY
BBA - Finance
Skills
- Certifications and Technical Skills
- Certified Public Accountant License #069445 Texas
- ERPs-PeopleSoft, SAP, JD Edwards, Microsoft Dynamics Navision, Microsoft Solutions-Solomon, In House Systems – IFS &
- OHM, Syspro, iVUE, Delta Vll; Hyperion Financial Management, Business Planning and Compilation, Excel, Rosetta, Microsoft
- Word, OneStream XF, Yardi Breeze, OGsys, Sage, NetSuite, Quickbooks
- Other Invoice Billing Portals-OpenInvoice, SAP Ariba, & CorTex: In House Portals- Oxy, Noble, SWN, Ascent, and I2X
- Financial reporting
- Verbal and written communication
- Best practices implementation
- Business analysis
- Reports and documentation
- Attention to detail
- Processes and procedures
- Trend analysis
- Strategic growth management
- Problem solving
- Process improvement
Additional Information
- FDIC Receivership Assistance Services (RAS) Clearance May 2018
Affiliations
- Vice President of HOA
Languages
Spanish
Limited
German
Limited
References
References available upon request.
Timeline
Consultant
VGXI, Inc.
12.2023 - 02.2024
Consultant
Pillarstone Capital REIT
06.2023 - 11.2023
Consultant
Louisiana-Pacific Corporation
01.2023 - 12.2023
Consultant
MODE Global
01.2022 - 12.2023
Consultant
Python Holdings and Subsidiaries
01.2022 - 12.2022
Consultant
Paysafe Limited
01.2021 - 12.2022
Consultant
Pedernales Electric Cooperative Inc.
01.2020 - 12.2021
Consultant
Waste Management, Inc.
01.2020 - 12.2020
Consultant
Nexeo Plastics Inc.
01.2019 - 12.2020
Consultant
Flowco Production Solutions Inc.
01.2018 - 12.2019
Consultant
Strategic Materials Inc.
01.2018 - 12.2018
Consultant
Prince Minerals Inc.
01.2016 - 12.2018
Consultant
Serta Simmons Bedding
01.2015 - 12.2016
Consultant
Intertek
01.2014 - 12.2015
Consultant
Willbros Pipeline Construction
01.2012 - 12.2014
Consultant
CEVA Logistics
01.2011 - 12.2012
Consultant
BJ Services
01.2010 - 12.2011
Consultant
Horizon Wind Energy
01.2010 - 12.2010
Consultant
Price Gregory Construction
01.2010 - 12.2010
Consultant
JPMorganChase
01.2009 - 12.2009
Consultant
Corsicana Technologies
01.2008 - 12.2009
Consultant
Cameron Valves
01.2007 - 12.2008
Consultant
Noble Corporation
01.2006 - 12.2007
Internal-Controls Consultant
Florida Power & Light (GEXA)
01.2005 - 12.2006
Controller
Champion Hi-Tech Manufacturing, Inc.
01.1991 - 12.2005
BBA - Accounting
TEXAS A&M UNIVERSITY
BBA - Finance
Similar Profiles
HEMALI PATELHEMALI PATEL
Quality Control Document Specialist III at VGXIQuality Control Document Specialist III at VGXI
Chukwunyereze EneChukwunyereze Ene
Chart Retrieval Specialist at EpisourceChart Retrieval Specialist at Episource
Daniel PerezDaniel Perez
Medical Lab Technician (Lead Tech) at HCA Clear Lake Regional Medical CenterMedical Lab Technician (Lead Tech) at HCA Clear Lake Regional Medical Center
OLABISI OLANREWAJUOLABISI OLANREWAJU
Patient Services Representative at Cencora/LashGroupPatient Services Representative at Cencora/LashGroup
Carlos BatallaCarlos Batalla
Server at Navy BlueServer at Navy Blue