Quang Vuu

Senior accounting professional with 20+ years of experience specializing in fixed assets, capital projects, depreciation, CIP, acquisitions and divestitures, inventory control, and audit support within oil & gas and large corporate environments. Extensive hands-on expertise across SAP, OGYS, PROSYSTEM Fixed Assets, and Lawson. Recognized for strong cross-functional partnership with operations, project teams, auditors, and tax advisors to ensure accurate capitalization, regulatory compliance, and reliable financial reporting.

Fixed Assets Senior Accountant at BASA Resources (2024-01 – Present)

Fixed asset accounting for three legal entities, overseeing acquisitions, divestitures, inventory accounting, and full asset lifecycle management.

• Executed monthly close and post-close activities, coordinating with external counterparties to ensure timely and accurate reporting.
• Reconciled and recorded tubing and inventory transactions from 12 operational yards on a monthly basis.
• Conducted quarterly site visits with yard superintendents to validate inventory counts and asset records within OGYS.
• Reviewed and recorded monthly material transfers from six operating regions, ensuring proper classification and valuation.
• Monitored idle inventory and ensured appropriate accounting treatment and reporting.
• Maintained and reconciled fixed asset records in OGYS, ensuring data integrity across multiple entities.
• Uploaded, maintained, and reconciled fixed asset data in PROSYSTEM Fixed Assets, including depreciation calculations and reporting.
• Performed year-end fixed asset close activities and reconciliations in OGYS and PROSYSTEM.
• Supported the Controller with year-end close processes and fixed asset disclosures.
• Responded to audit requests and accompanied auditors during annual physical asset inspections.
• Prepared and filed annual personal property tax renditions for 14 county jurisdictions (ad valorem).
• Maintained holding schedules and coordinated agricultural and timber exemptions with county authorities and external tax advisors.

Fixed Assets Senior Accountant at Energy Transfer (2016-01 – 2024-01)

• Served as primary SAP user for fixed assets and capital project accounting, maintaining AFE master data, budgets, and capital plans.
• Performed end-to-end capital project accounting in SAP, partnering closely with project managers to ensure accurate cost allocation and timely capitalization.
• Reviewed and approved AFEs to determine proper capitalization versus expense treatment in accordance with company accounting policies.
• Managed the fixed asset subledger in SAP, including asset setup, additions, transfers, retirements, and disposals, ensuring accurate book and tax depreciation.
• Executed monthly close activities in SAP, including preparation, posting, and reconciliation of depreciation and amortization journal entries.
• Monitored Construction in Process (CIP) for impairment, ensuring timely in-service placement, accurate useful lives, and correct asset classifications.
• Produced monthly, quarterly, and annual fixed asset and depreciation reports from SAP for management and audit purposes.
• Supported quarterly financial audits, SOX compliance, and internal audits by providing SAP reports, reconciliations, and system documentation.
• Assisted with annual budgeting and forecasting by leveraging SAP data to project depreciation and select O&M expenses.
• Processed capital project billings and invoices in SAP in compliance with construction contract requirements.
• Participated in SAP system enhancements, process improvement initiatives, and special projects.
• Utilized SAP Fiori extensively for asset setup, transfers, disposals, depreciation processing, and GL and asset reporting.

Fixed Assets Senior Accountant at Rent-A-Center, Inc. (2007-01 – 2016-01)

• Maintained fixed asset records within Lawson Accounting, including asset setups, transfers, and disposals.
• Processed vendor payments and resolved invoice discrepancies.
• Performed account reconciliations and supported monthly financial close activities.
• Analyzed fixed asset data and implemented workflow and process improvements.
• Identified and resolved accounting issues with strong analytical judgment and attention to detail.

Time & Expense Internal Auditor at Ernst & Young, LLP (1999-01 – 2007-01)

• Audited approximately 3,000 employee expense reports monthly for IRS and firm policy compliance.
• Prepared journal entries to reclassify or write off noncompliant expenses.
• Reconciled balances for separated employees and reviewed suspended expense reports.
• Implemented corrective actions and managed high-volume workloads while consistently meeting audit deadlines.

Bachelor of Science in Business Administration – University of Texas at Dallas