JASON GALLANT, CPA, CGA
CONTACT
SUMMARY
I am a designated CPA with 15 years of progressive experience in the Upstream Oil & Gas and Oilfield Services Sectors. Currently seeking new opportunities.
WORK EXPERIENCE
VP of Finance
ERS Inc.
Feb 2017 - August 2018
Successfully developed and executed a transition plan to relocate the organization’s finance and accounting functions from Edmonton to Calgary. Recruited and built an effective team in Calgary.
Methodically identified significant gaps in inventory process and workflows, and implemented training and procedures which reduced month-end inventory variances by 95%.
Eliminated inefficient workflows and implemented rigorous controls over accounting data and accounting processes, reducing the month end reporting time by 15 days each month.
Developed and maintained close working relationships with lenders in the oilfield services space, secured critical funding for growth initiatives.
Managed all aspects of financial reporting to the Board of Directors, the executive, and external stakeholders. Coordinated and managed the year-end financial audit engagement and notices to reader.
Closely managed cash position and operating line. Proactively engaged with key lenders to ensure working capital availability.
Controller
Tuscany Energy Ltd.
Jan 2010 - Dec 2016
Accurately prepared Interim and Annual Consolidated Financial Statements and MD&A for review by the CFO and the Board of Directors.
Provided meaningful data to senior management by redesigning and maintaining a rolling cash flow budget document which was integrated with the company’s financial working papers, and developed a weekly and monthly reporting package for senior management and the Board of Directors.
Timely completion of monthly accounting cycle by managing and supporting a team of operations, joint venture, and production accountants, including the preparation of month-end accruals, allocations, and overhead calculations, month-end close, and financials.
Achieved a seamless transition to IFRS by working closely with the Company’s software providers, developing a model to handle the relevant retrospective calculations required to determine opening balances, booking legacy GAAP closing entries, and coordinating with the Company’s external auditors to ensure an unqualified opinion early in the process.
Responsible for the coordination and management of financial and joint venture auditors, and conducting Tuscany’s audits of joint venture partners.
Assistant Controller
Diaz Resources Ltd.
Jun 2008 - Dec 2010
Ownership of working paper calculations supporting the Interim and Annual Financial Statements, and the Notes thereto, including Depletion & Depreciation, Ceiling (Impairment) Tests, ARO provision, Deferred Tax Provision, Translation and Consolidation of two U.S. Subsidiaries, and U.S. and Canadian Tax working papers as required.
Performed a thorough assessment of the companies’ internal controls and developed C-SOX compliant internal control testing, monitoring, and documentation.
Created a challenging and engaging work environment for the accounting staff by mentoring, advocating for continual professional development, and encouraging respectful and open communication between staff and management.
Senior Accountant
Diaz Resources Ltd.
Jan 2007 - May 2008
Enhanced performance of complex spreadsheet models by developing an Excel Add-in to forecast declines for use in Cash Flow model using C# and Visual Basic.
Ensured timely collection of joint venture receivable balances through proactive engagement with partners to identify and permanently resolve disputed charges.
Operated and Non-Operated joint venture accounting for two Canadian parent companies, and three US subsidiaries.
AFE management, including creation, setup, cash calls.
Deposits, Bank reconciliations, Royalty and Lease rental payments.
Handled Revenue, Crown Royalties, Freehold Royalties, GORR, Payouts, and Equalizations.
Joint Venture Accountant
Canetic Resources Inc.
Jan 2006 - Dec 2006
High volume operated and non-operated joint venture accounting desk.
Timely collection of joint venture receivables through effective communication and dispute resolution with partners.
Significantly reduced manual entries by developing an Excel spreadsheet upload for field allocations.
Provided custom reporting by developing MS Access queries tied directly to QbyteFM back-end.
Accounts Payable Analyst
Acclaim Energy Trust
Jan 2005 - Dec 2005
Accurately coding and entering vendor invoices in QbyteFM, weekly cheque run, account reconciliations.
Accounts Payable Analyst
Devon Canada Corporation
Jan 2004 - Dec 2004
Accurately coding and entering high volume of vendor invoices in QbyteFM. Special assignment to Jackfish Lake project.
EDUCATION
Chartered Professional Accountants of Canada (2008)
CPA, CGA
Mount Royal University (2004)
Bachelor of Business Administration - Accounting
VOLUNTEER EXPERIENCE
Beltline Neighborhood Community Association
Treasurer (Former)
Solarium Condominium Board of Directors
Vice President
PROFESSIONAL AFFILIATIONS
Financial Executives International
Member