Altare J. Newton

                                                17822 Echobend Lane

                                                Spring, TX 77379

                                                832/559-7233 (Home)

                                                832/229-2971 (Cell)

                                                jim504@gmail.com (email)

Summary

Financial professional with 17 years oil & gas experience in financial services, procurement, facility, records and risk management.

• SAP/Oracle/Tobin financials     
• Purchasing – SCM/ MRO/PO/SRO/Contracts Terms & Conditions/Certificates of Insurance   
• Collections - JIB receivables/Cash Calls
• Facility Management

Professional Experience

                                    Dominion Exploration and Production, Inc.

                                    Associate Accountant (receivables)                               2006-2008

• Monitored JIB A/R balances - SAP.
• Reconciled JIB A/R accounts and resolved discrepancies through research and working with partners until both parties agree on outcome.
• Prepared monthly delinquent report on the status of all past due customers.
• Mailed payment collection letters on delinquent accounts on quarterly basis.
• Responded to customer refund request and payment collection email.
• Prepared demand letter request and delinquent A/R balance write offs and submitted to management.
• Worked with process assistants to resolve monthly cash posting discrepancies by contacting customers to verify exactly what check is paying.

                                 Sourcing Agent (Purchasing – Supply Chain Mgmt)     1999-2006

• Issued PO’s, change orders and extensions. MRO: prepared SRO on any/all equipment for repair. Utilized vendor list for repair/replace equipment.  Primary, secondary, and as many as forth and fifth tier repair companies utilized for repair services. Advised operation/production management of cost and lead line on work.  Reviewed repair invoices for accuracy.  Routed repair invoices to department management for approval and payment.  Due to different stages of drilling and production in some cases same/similar equipment not being used from one rig location was transferred (MT) in order to continue drilling/ production to the rig in need.            

• Set up service contracts (2900) to limit company liability exposure by reviewing terms and conditions, certificates of insurance, EEOC, W-9 and supplier contact information. Initiated imaging contracts for quicker response time to management and legal. Run monthly report and submit to management - SAP.
• Traveled to OKC office to process 700 (+) service contracts due to expertise in T&C review.  
• Vehicle fleet coordinator, ordered new vehicles/scheduled delivery and registration/inspection tag renewals. Arranged old vehicle pick up/disposals.
• Performed pipe inventory reconciliations.
• Acted as supplier diversity liaison.
• Assisted Facilities Mgr with building services. Supervised employee office moves, issued access badges, set up employee garage parking/pass.

                                    Financial Services (Risk Management)                         1996-1999

• Monitored Certificates of Insurance for compliance by checking coverage limits, endorsements and expiration dates - SAP.
• Mailed COI renewals to vendors and entered renewal information.
• Worked with Supply Chain Mgmt to ensure vendor compliance.
• Release invoices for payment.

                              Office Services                                                                 1991-1996

·        File room

·        Mail room

Education:

• Warren Easton Sr. High School - HS Diploma
• Southern University of New Orleans – 109 credit hrs earned towards BA in Bus Adm. (Intend to complete undergrad degree, not currently enrolled).