Cost Accountant Resume Samples

Description :

1. Coordinated actions of auditors at multiple sites and resolved problems occurring during audits.
2. Audited and prepared inventory paperwork and supervised physical counts and Cycle counts.
3. Audited merchandise and equipment inventory.
4. Reviewed daily cycle counts and investigated inventory discrepancies and vendor receipt errors.
5. Sent out Daily and monthly Metrics notifying upper management of the status of the Bank covenants.
6. Efficiently allocated costs and prepared related documentation.
7. Constantly determined and documented costs associated with business activities.
8. Routinely compared estimated costs to actual output costs.

Experience

2-5 Years

Level

Junior

Education

Associates

Description :

1. Responsible for the development of the facilities and administrative (F&A) rate for the College of William and Mary and Virginia Institute of Marine Science resulting in millions of dollars of annual revenue for both institutions.
2. Includes generating various financial reports for use in the preparation of required schedules for the rate proposal.
3. Analyze, verify accuracy and data integrity, and identify areas of improvement to maximize future proposals.
4. Responsible for preparation of the auxiliary indirect cost study in accordance with SCHEV methodology to determine the indirect cost rate to be applied for auxiliary services.
5. Prepare the annual report of amounts recovered from auxiliary services.
6. Analyze and explain major over or under recovery differences between projected and actual recoveries.
7. Coordinate with the budget office and Department of Accounts for the Commonwealth of Virginia to provide a sufficient explanation for the variance.

Experience

7-10 Years

Level

Management

Education

Bachelor Of Arts In Finance

Description :

1. Conducted general ledger (G/L) reconciliations, journal entries, monthly expense accruals, and validated G/L accounts roll-up to financial statements guaranteeing accuracy, completeness, and enabling more intuitive review by management.
2. Prepared weekly Financial Operation Status reporting, supporting weekly financial meeting in 17 Simmons plant locations in The United states.
3. Investigated monthly variance in labor, material and overhead and related findings, making recommendations to plant controller.
4. Set up standard cost, overhead rates, and Raw material cost, ensuring consistency and accuracy.
5. Performed analysis on material variances through E1 (Oracle system), and recommended corrective actions.
6. Oversaw annual re-costing process, ensuring all raw materials, routers, shipping rates and mattress specifications had updated new costs while meeting re-costing deadlines.
7. Coordinates material transfers to other 17 Simmons plants, lowering company's surplus Raw materials inventory.
8. Set up new specifications and new raw materials in Los Angeles plant database utilizing guidelines from corporate database.

Experience

10+ Years

Level

Senior

Education

Certificate In Accounting

Description :

1. Perform month-end close and prepare monthly Financial Statement package.
2. Analyze and reconcile all Balance Sheet accounts.
3. Prepare detailed cost of goods sold analysis and reports.
4. Review all work orders for missing costs and excessive variances.
5. Maintain compliance with Sarbanes-Oxley requirements resulting from thorough examination of and strict adherence to internal control procedures.
6. Fixed Asset Accounting Prepare monthly accruals, expense allocations and cost distributions Review and correct all entries daily prior to posting to the general ledger.
7. Supervise the control and maintenance of Accounts Payable system.
8. Ensure sales tax compliance and verify tax filing with twenty-five states Weekly analysis of backlog, sales, and bookings for US, Canada and Sweden Assist offices in Canada and Sweden as needed Oversee the processing daily invoicing for all shipments and debit/credit memos.

Experience

10+ Years

Level

Senior

Education

B.A. In Business Economics

Description :

1. Communicate effectively across departments to provide quick and accurate resolution to financial issues.
2. Manage fixed assets tracking and reconcile to general ledger.
3. Perform monthly close activities, including allocations and account reconciliations.
4. Produce, review, and present monthly financial reports.
5. Prepared consolidated financial reports on a monthly basis for a joint venture including income statements, balance sheets, and statement of cash flows.
6. Verified revenues and expenses by job during job cost closing.
7. Reviewed figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
8. Classified, recorded, and summarized numerical and financial data to compile and keep financial records, using journals and ledgers.

Experience

0-2 Years

Level

Entry Level

Education

Bachelor Of Arts

Description :

1. Prepared Financial Statements in a Sales industry.
2. Prepared Payroll entries, General Ledger, Accounts Payable, Account Analysis, and Bank Reconciliations duties for each of the Sales Operations.
3. Audited Daily General Ledger Transactions and investigated discrepancies to reconcile Sales to Revenue.
4. Prepared Month-End Close Journal Entries and the Financial Statement Preparation Reports.
5. Prepared Monthly, Quarterly, and Annual Sales and Use Tax Reports for Federal and State.
6. Prepared 1099's, Sales & Use Tax for multiple states.
7. Maintained Capital Asset Value Summaries and Cost on a monthly basis.
8. Reviewed Budgets and prepared Actual to Forecast Reports.

Experience

7-10 Years

Level

Management

Education

Master's In Student

Description :

1. Prepare/Review Journal Vouchers with appropriate supporting documentation.
2. Adhere to Direct Material Standard Cost, Capitalization or Direct Labor and Manufacture Overhead in Inventory, Monthly Purchase Price Variance, Cycle Counting, and Inventory Transfer policy.
3. Ensure corporate reporting deadlines are met for designated reports.
4. Develop forecasts for areas within responsibility interfacing with individuals outside of cost accounting.
5. Establish objectives and implement appropriate processes in line with established financial practices.
6. Ensure budget, schedules and performance requirements are met.
7. Incorporate regulatory and reporting requirements in the Controllers Handbook and RCTS (Risk Control Tracking System).

Experience

2-5 Years

Level

Executive

Education

BA In Accounting

Description :

1. Prepare analysis review with target and present to top management Review standard and actual costs for inaccuracies.
2. Validate the cost of goods sold as part of the month-end close.
3. Calculated standard cost of bill of materials at various stages of NPI program.
4. Accumulate and apply overhead costs as required by generally accepted accounting principles.
5. Work with the materials review board to locate and dispose of obsolete inventory.
6. Report on periodic variances and their causes, focusing in particular on spending variances Analyze capital budgeting requests and Perform cost accumulation tasks as a member of the target costing group.
7. Administered raw material purchases, inventory, and labor; analyzed data obtained and recorded results.

Experience

2-5 Years

Level

Junior

Education

Bachelors In Accounting

Description :

1. Created Accounting reports on Salaried Variance and Raw Material Usage.
2. Prepared Production Analysis and Cost Update reports.
3. Responsible for monthly journal entries, reports and month-end Financial Statements.
4. Assisted Controller in preparing the budget and financial reports.
5. Responsible for the Quality Certification Program and Safety Incentive Program.
6. Prepared monthly payroll and A/P reconciliation.
7. Established extensive training as back up for Systems Analyst, A/R, and A/P, Customer Service Representative, Sales Coordinator HR and Payroll for the employees.

Experience

7-10 Years

Level

Management

Education

Bachelor's

Description :

1. Tracked Overhead, Yield, Spending, and Manufacturing variances.
2. Evaluated manufacturing variances and actual cost analyses to determine production process efficiency.
3. Implemented and performed cycle count procedures, coverage, and reporting.
4. Measured the consistency of procedure applications for Sunnyvale, Beaverton, Thailand, and Cavite.
5. Reconciled multi-location inventories to align physical and booked inventory values.
6. Reconciled COGS and inter-company accounts.
7. Prepared quarterly Overhead Yield and Inventory Spending Analysis reports for forecasting and decision-making.
8. Reduced cost and improved yields thru audits.

Experience

5-7 Years

Level

Executive

Education

M.B.A. In Finance

Description :

1. Enhanced strategic development, conceptualization, and analysis of government financial manufacturing data, contracting, purchasing, and Cost of Goods Sold (COGS) for quarterly reporting schedules.
2. Analyzed financial statements to budgets and reconciled sales of COGS via the GL accounts and income balance sheets.
3. Addressed progress billing requests, estimated OSR schedules, and monthly financial quality reviews.
4. Reviewed contract loss and E&O reserves and updated actual and forecasted expenses for overhead rate calculation.
5. Created and reviewed internal controls for data accumulation and reporting systems and conducted process constraint analysis.
6. Constructed data accumulation systems for a cost accounting system and reported periodic variances and their causes.
7. Analyzed capital budgeting requests and reported margins and breakeven points by products, work centers, and factories.
8. Forecasted tracking of Estimate-at-Complete (EAC) and made adjustments and supported SEC schedules and external audits.

Experience

2-5 Years

Level

Junior

Education

MBA In Business

Description :

1. Performed data accumulation, update bill of material standard costs, and accumulate and apply overhead costs in order to create and review daily, weekly and monthly variance and their causes.
2. Report breakeven points by products and work centers.
3. Input invoices with purchase order and packing slip.
4. Daily meeting talking about efficient way in improving daily production like making suggestions that they should organize warehouse with product in order.
5. Possibly changing temporary worker to eight hour work day instead of 12.
6. Skills Used My years of experience working with accounting and understanding the urgency in getting things done in a timely manner.
7. Meeting expectation as to getting monthly closing done on time.

Experience

10+ Years

Level

Senior

Education

BS In Accounting

Description :

1. Developed and maintained accurate standard product costs and inventory valuations using Oracle Applications, BOM, routings, and Kronos Activities.
2. Analyzed variances, gross margins, reconciled perpetual inventory to G/L.
3. Analyzed excess and obsolete inventory, scrap and manual inventory adjustments monthly.
4. Prepared monthly accruals, closed payables, purchasing, inventory, and cost management modules monthly for USA and Canada.
5. Supported UK and Euro org costing and inventory functions.
6. Supported shop personnel with timesheet edits and timekeeping data.
7. Provided audit support to outside CPA firm.
8. Maintained Kronos 4500 terminals in factory.

Experience

5-7 Years

Level

Executive

Education

Bachelor Of Science In Accounting

Description :

1. Compile and review budgets for various departments to monitor cost control & efficiency.
2. Prepare comprehensive analysis reports showing comparison between expenses and budgets.
3. On-going training of office members on the processes of the financial system (SAP) and how to track their departmental costs.
4. Prepare and explain numerous financial reports for weekly staff meetings.
5. Responsible for forecasting result for mid-month forecasts and 3 month forecasts based on sales forecasts.
6. Reconcile and analyze numerous General Ledger accounts.
7. Prepare a variety of result reports and distribute to upper management.
8. Responsible for month end closings and meeting deadlines.

Experience

2-5 Years

Level

Executive

Education

Bachelor's

Description :

1. Performed comprehensive variance analysis and determined root-cause for each significant variance.
2. Examined standard costs against actuals to identify process inefficiencies and improvement opportunities.
3. Prepared summarized costing reports to ensure effective management decision making.
4. Monitored cycle counting procedures and results to ensure accuracy and effectiveness.
5. Prepared journal entries, and assisted in periodic monthly closings.
6. Reconciled bank and general ledger accounts monthly, including but not limited to inventory.
7. Researched and corrected account discrepancies.

Experience

2-5 Years

Level

Executive

Education

Master Of Science In Accounting