ANH SON
Garden Grove,CA
Summary
Results-driven Cost Accounting Manager experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach. Expertise in interpreting financial data, compiling cost analysis reports, and controlling inventory.
Overview
17
17
years of professional experience
Work History
Cost Accounting Manager
BTC Power, Inc.
11.2021 - Current
- Manage accounting operations by supervising a team of 4 financial professionals, complying with Generally Accepted Accounting Principles (GAAP), and maintaining accurate accounts receivable processes to enhance financial integrity
- Increased cost efficiency by streamlining processes and implementing cost-saving measures.
- Developed and maintained comprehensive cost accounting system for accurate financial reporting and decision-making support.
- Managed budgeting process, ensuring alignment with company goals and objectives.
- Streamlined month-end closing processes, reducing time required while maintaining accuracy in financial reporting.
- Educated operational managers on cost drivers within their departments, promoting a culture of cost awareness throughout the organization.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Support strategic decision-making by collaborating with cross-functional teams, gathering financial data, and utilizing data analysis techniques to drive informed business decisions
- Overseeing the inventory and cost for 2 manufacturing plants in the Philippines and US
- Oversee the month and year-end close processes including accounting practices and internal controls, analyze, interpret financial data, and recommend changes to improve systems and financial performances
- Prepare and present comprehensive cost analysis reports and financial statements to management, highlighting key findings and recommendations
- Develop and implement robust cost accounting policies, procedures, and controls to ensure accurate cost allocation, tracking, and reporting
- Build and maintain monthly management reports and KPI dashboards
- Conduct physical inventories, monitor the cycle count program, and verify all inventory adjustments
- Support the budgeting and forecasting process by providing cost-related inputs and analyzing cost trends and impacts
- Lead the annual audit process with external auditors.
Cost Accounting Manager
Sechrist Industries, Inc.
08.2019 - 11.2021
- Managed 1 direct report: Accounts Payable Clerk
- Oversaw the inventory and cost for a manufacturing plant in Anaheim
- Performed gross margin analysis, actual vs
- Annual budget/latest forecast (ASP, cost, product mix)
- Performed accounting activities related to month-end close including inventory valuation, manufacturing variances, absorption, and spending analysis
- Managed annual product costing process to develop accurate standard costs, including materials, labor, and overhead rates
- Partnered with Manufacturing Operations to develop and maintain accurate standard costs in conjunction with current and proposed BOM’s
- Led development of the annual operations budget and ongoing forecasting activities
- Partnered with Operations Management team to analyze manufacturing practices, cost reduction initiatives and assisted in providing financial/operational solutions
- Prepared working capital/cash flow forecasts.
- Collaborated with cross-functional teams to identify opportunities for cost reduction and process improvement.
- Assisted in the preparation of annual budgets, forecasts, and long-range financial plans.
- Reviewed product costs, identifying variances and opportunities for improvement.
Cost Accounting Manager
Intellisense Systems, Inc.
01.2019 - 12.2019
- Managed A/P and cost accounting (2 direct reports – 1 staff and 1 A/P)
- Oversaw the inventory and cost for a manufacturing plant in Torrance
- Developed financial analysis and reporting metrics to aid management decision making and maximize plant financial and cost performance
- Supported internal and external reporting requirements as it related to various Defense industry required compliance such as annual Incurred Cost Submission
- Developed, updated, and implemented procedures to handle cost controlling and long-term management
- Monthly inventory reconciled and led year-end physical inventory
- Analyzed actual manufacturing costs and prepared periodic reports of actual production costs
- Reviewed, analyzed, and reconciled GL accounts including payables, receivables, cash, pre-paid, fixed assets, and accrued liabilities
- Prepared reporting schedules and support audits (both financial and government cost audits).
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
Senior Cost Accountant
Epson America, Inc. (OTCMKTS: SEKEY)
11.2013 - 01.2019
- Identified and ensured adequate controls and reporting for inventory, gross margin reporting, including standard costs and all period costs and variances: warranty reserves, excess and obsolete material costs and reserves, scrapped material, and purchase price variances
- Participated in the month end close process, preparing journal entries related to inventory, cost of sales and operating adjustments, reconciliations, and month end reporting
- Prepared supporting schedules for the quarter and annual SOX/J-SOX audit
- Supported financial planners with budgeting, forecasting, and planning
- Coordinated with Latin subsidiaries to prepare the monthly intercompany profit/loss elimination.
- Proactively addressed ad-hoc reporting requests from senior management, delivering accurate and timely information for strategic decision-making purposes.
Senior Accountant
Maxum Petroleum
07.2007 - 10.2013
- Recommended and implemented ideas and innovations to improve upon existing systems, work processes, and procedures affecting month-end and quarter-end financial closes
- Prepared documentation and provided support for the annual independent audit
- Executed month-end closing process and reconciled general ledger accounts
- Reviewed raw materials, work-in-process and finished goods and analyzed cost flow process
- Managed fixed assets records and assisted in the capital planning process for both future capital spending and the evaluation of past capital projects resulting in accurate monthly forecast.
Education
Master of Arts - Business Administration – Management
Lamar University
Beaumont, TXBachelor of Arts - Business Administration - Accounting and Finance (Double Major)
California State University
Fullerton, CASkills
- SAP Implementation
- ASC 606 and ASC 842 implementation
- Financial reporting and analysis
- GAAP and IFRS principles
- Strong interpersonal skills
- Self-starter
- Project Management
- Cost Accounting
- International Financial Reporting Standards (IFRS) Compliance
- Financial Reporting
- General Ledger
- MAS 90
- MAS 200
- SAP S/4 HANA (Implementation)
- Fourthshift
- Misys
- PeachTree
- Deltek Costpoint (Government Contracts)
- Excel (Advanced)
- Tax Compliance
- Internal Controls
- Profitability Analysis
- Month-End Close
Timeline
Cost Accounting Manager
BTC Power, Inc.
11.2021 - Current
Cost Accounting Manager
Sechrist Industries, Inc.
08.2019 - 11.2021
Cost Accounting Manager
Intellisense Systems, Inc.
01.2019 - 12.2019
Senior Cost Accountant
Epson America, Inc. (OTCMKTS: SEKEY)
11.2013 - 01.2019
Senior Accountant
Maxum Petroleum
07.2007 - 10.2013
Master of Arts - Business Administration – Management
Lamar University
Bachelor of Arts - Business Administration - Accounting and Finance (Double Major)
California State University
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