Cost Analyst - Precix Inc - MA
(2023-04)
- Provide prompt support for management decisions, build up and maintain an off-SAP costing model to provide prompt analysis associated with changes of material price, BOM, and routing.
- Gross margin analysis.
- Costing sensitive analysis for changes of material price, BOM, and routing.
- Determines cost and raw material requirement for budget.
- Any analysis associated with costing and inventory.
- Determine relevant and reliable product cost, work with operation and engineering teams to update material price, BOM, and routing parameters to ensure cost reflect latest condition as much as possible.
- Material & operating variance analysis, analyze PPV and operating variances to spot issues of value chain then provide variance review with operations and Supply Chain.
- Prepare business unit P&L report, split monthly P&L report into different business units based on cost allocation.
- Optimize inventory combination and provide finished goods turnover analysis, build up and maintain monthly finished goods turnover to inventory management and sales team for clears overviews in finished goods conditions.
- Month-end and year-end close, update standard cost for coming periods, prepare inventory reconciliations, determine inventory reserves, and any other variance analysis.
- Prepare annual budget reports, prepare annual sales budget report by working with sales team; produce raw material requirement report according to determined sales budget report.
- Manage and analyze cycle count variances, issue cycle count variance analysis to operation managers to review their operations.
- Calculate relevant inventory value, investigate and control impacts of material price change to on-hand inventory.
- Manage construction in progress, review and analyze construction in progress by summarizing spending, progress, and completion.
Regional Cost Manager – North America - Interplex - RI
(2022-05 - 2023-03)
- Prepare gross margin analysis and quantify impact of variation in selling price and unit cost.
- Review and verify of P&L production accounts to ensure production and price variances are valid and not erroneous.
- Review cycle account results and reconciliation; Ensure remedial actions taken to address master data errors (e.g. BOM) or process issues.
- Review producing activities of work centers to ensure existing BOMs reflect current conditions.
- Prepare analysis of production variance and work with operating, engineering, and planning teams to identify root causes and mitigation.
- Generate, maintain, and monitor standard cost to ensure accuracy and latest of product/part costing.
- Prepare month-end close for production accounts and generate necessary adjusting journal entries.
- Other operating/producing related analysis.
- Assist in special projects as required.
Cost Accounting Manager - A.T. CROSS - RI
(2017-03 - 2022-04)
- Prepared and analyzed inventory and margin reports, conducted research and performed analytical studies in regard to cost analyses and profitability.
- Assisted in month-end close, prepared journal entries as necessary, analyzed inventory evaluation, inventory roll forward.
- Calculated and analyzed cost variances.
- Calculated and maintained deferred and amortized expense.
- Implemented month-end close of the general ledger.
- Reconciled global inventories.
- Prepared and reconciled consignment costs and inventories.
- Worked in special projects as required.
- Maintained cost accounting data and system.
Cost Analyst (OPT - Contract Position) - George Patton Associate, Inc. - RI
(2015-02 - 2015-11)
- Built up and maintained cost information of inventory.
- Conducted inventory / pricing Analysis.
- Approved accounts payable and investigated the discrepancies.
- Compiled and analyzed performance of products and implemented inventory management.
- Analyzed and researched open or incomplete items, took actions to resolve and close discrepancies.
- Third Party Sales / Expense Recognition.
Internal Control and Administrative Director, Office of the CEO - Canlead International Co., Ltd. - Taiwan
(2008-12 - 2012-06)
- Established and maintained a system of internal controls and a program of internal control review.
- Performed management accounting analysis and provided recommendations to the CEO.
- Planned and established self-built ERP system with IT department to integrate and standardize the business and accounting information.
- Identified business risks in key operational areas and proposed improvement plans.
- Introduced and attained ISO27001 (Information Security Management) certification.
- Supported multiple functions such as Corporate Finance General Management, Human Resources, Operations, and Marketing.
- Performed other duties as assigned.
FP&A and Cost Accountant - Yulon Motor Co., Ltd. - Taiwan
(2006-01 - 2007-03)
- Resolved discrepancies between actual and standard costs through comprehensive cost analysis and inter-department cooperation.
- Provided detailed reports on periodic variances and their causes, with a special focus on spending variances.
- Prepared annual business interruption insurance file.
- Produced, maintained, and reconciled accounts payable accounts.
- Validated the cost of goods sold as part of the month-end close.
- Planned and supervised over $100 million general expenditure budgets and achieved 25% expenditure deduction compared to the previous fiscal year.
- Planned annual capital budgets to maintain the company's growth and decrease the liquidity risk.
- Analyzed Capital budgeting requests.
- Reported on margins by profit center and vehicle model.
- Generated departmental performance reports for the weekly upper management meeting.
Senior Auditor - Deloitte & Touche LLP - Taiwan
(2003-09 - 2005-07)
- Managed various auditing tasks and prepared reports on auditing activities for the clients including public and non-public companies.
- Performed internal control and substantive tests.
- Provided suggestions to effectively enhance clients' operation efficiency and reduced their operational risks. Performed analytical procedures/analyses to identify unusual financial statement discrepancies.
- Identified and communicated accounting and auditing matters to seniors and managers.
- Verified clients' compliances with tax regulations and provided tax consultation to help clients fill income tax returns.
