Ladonia Bailey

Experience

1. Senior Volumes Accountant

   Oxy

   Jun 2018 — Present

   Regularly work with a team of volume accountants to perform monthly volumetric allocations by analyzing lease, trucking, pipeline statements and other transporter reports. • Reconcile transportation invoices to trading system, resolving discrepancies timely to process payment. • Reconcile actualized volumes per our trading system with our revenue accounting group for equity and 3rd party lease purchases and resolve discrepancies in a timely manner. • Accountable for contributing to monthly close • Assist in customer disputes (pricing/volume) • Create, enhance and maintain data for audit (Excel and Software based) • Attend customer meetings with Originators, Operators and Management as needed • Collaborate with project team, product control, revenue accounting and Operations to improve processes and provide reliable analysis. • Work with project team and Operations to improve the accuracy of forecasted lease and truck volumes. • Provide support and assistance to the settlements team, lease operations, and revenue accounting to research and resolve prior period volumetric discrepancies. • Analyze trading activity and explain variances between current month, prior month, and forecasts. • Reconciliation of general ledger accounts for inventory and related costs. • Review and record monthly journal entries to the general ledger for commodity purchases, sales, transportation and fees for accruals and actualized activity. • Assist in testing and analysis for new trade system implementation (Allegro 8.0 and SAP). • Gather supporting documents and provide explanations for audit request for consolidated and stand-alone financial statements (as applicable). • Document and update desk procedures for assigned tasks.

Skills

• General Ledger
• Budgets
• Financial Accounting
• Auditing
• Sarbanes-Oxley Act
• Financial Reporting
• Accounts Receivable
• Accounts Payable
• Customer Service
• Payroll
• Budgeting
• Microsoft Office
• Financial Analysis
• Internal Controls
• Leadership
• Accounting
• Account Reconciliation