Fahmida Khan
Huntingdon Valley,PA
Summary
Results-driven accountant with forward-thinking approach centered on company success and competitive growth. Demonstrated record of success in building successful teams and managing profitable operations.
Overview
19
19
years of professional experience
Work History
R2R Chief Accounting Manager
SKF USA
03.2022 - Current
- Manage legal reporting for three legal entities, ensuring compliance with defined processes and corporate governance standards.
- Ensure timely and accurate reporting to group finance and other stakeholders.
- Manage the financial closing process, including reconciliations and adjustments.
- Oversee consolidation and reporting for multiple entities.
- Work closely with auditors during internal and external audits.
- Maintain and strengthen internal controls to safeguard company assets and ensure compliance with financial policies.
- Oversee standard costing, inventory valuation, and cost analysis.
- Supervise and mentor an accounting team of three, ensuring development and performance management.
- Work closely with global finance teams for group reporting and financial consolidation.
VP/Director of Managerial Accounting
Philadelphia Macaroni Company
08.2019 - 03.2022
- Oversaw inventory control of raw materials and finished goods across 6 manufacturing plants and multiple 3PLs, ensuring accurate stock levels and timely replenishments.
- Managed product maintenance, bill of materials, and costing processes in Sage, optimizing financial and operational reporting.
- Analyzed raw material shrinkage and identified inefficiencies in production processes, reducing shrinkage from 4.5% to 2.0%.
- Directed cycle counts and physical counts at primary warehouses and 3PLs to ensure accurate inventory records.
- Identified inefficiencies in warehouse practices and developed processes to reduce loading dock detention time and improve cycle count discrepancies.
- Worked with 3PL to automate shipping and receiving documentation between 3PL and plants, eliminating manual recording and enhancing operational efficiency.
- Led the completion of the annual audit and prepared financial statements in accordance with accounting standards and regulations.
- Served as a key member of the ERP implementation team, contributing to the successful integration of new systems and processes across the organization.
- Contributed to the team responsible for merging accounting policies during the acquisition of a company with 2 additional plants, ensuring seamless integration and consistency across operations.
Senior Accountant - Direct to Consumer
Lenox
08.2017 - 08.2019
- Prepared monthly, quarterly, and annual financial statements, including P&L and balance sheets.
- Managed general ledger entries, ensuring accurate recording of all financial transactions, including sales, refunds, and shipping costs.
- Reconciled bank accounts, credit card accounts, payment gateways, and other e-commerce platform transactions to resolve discrepancies.
- Oversaw inventory accounting, including cost of goods sold, product returns, and inventory reconciliation.
- Conducted financial analysis to assess sales trends, operating costs, and profitability, identifying opportunities for cost optimization.
- Assisted in budgeting and forecasting for sales and SG&A, ensuring alignment with financial goals and adjusting forecasts as necessary.
- Ensured compliance with accounting standards and regulations, implementing internal controls to prevent fraud and preparing for external audits.
- Contributed to the successful implementation of an Order Management System (Jagged Edge) and e-commerce platform (Shopify), enhancing order processing and integration capabilities.
- Assisted in processing returns, refunds, chargebacks, and fraud prevention efforts to ensure accurate financial records and mitigate financial risks.
Senior Cost Accountant - Supply Chain
Lenox
03.2014 - 08.2017
- Recorded financial transactions for goods in transit, tracking and reporting the movement of inventory and ensuring accurate financial reporting of these transactions.
- Managed Purchase Price Variance (PPV) accounting, ensuring cost fluctuations were properly tracked and analyzed for accurate financial records.
- Oversaw the standard cost rolling process for new outsourced items, ensuring costs were accurately updated and reflected in product pricing.
- Led the annual cost roll for 8,000 individual SKUs, ensuring all product costs were properly allocated, updated, and aligned with business objectives.
- Built product and kit structures in AS400, optimizing the system for efficient tracking and reporting of inventory and production costs.
- Contributed to the successful implementation of Hyperion Essbase, helping integrate this advanced financial management tool into the accounting and reporting processes.
- Merged product structures of a newly acquired sterling silver flatware company, aligning their cost and product structures with existing systems and streamlining operations.
- Conducted SG&A (Selling, General, and Administrative) analysis for supply chain activities, helping to identify areas for cost reduction and improved profitability.
- Collaborated with the Import/Export and Logistics departments to ensure accurate recording of customs duties and freight charges, incorporating these costs into the PPV for accurate financial reporting.
Factory Accountant/Plant Services
Philadelphia Macaroni Company
08.2006 - 03.2014
- Managed inventory levels, conducted regular physical counts, and reconciled discrepancies to maintain accuracy.
- Developed production schedules and collaborated with teams to optimize production efficiency and meet customer demand.
- Oversaw purchasing, vendor negotiations, and ensured timely delivery of raw materials and finished goods.
- Managed shipping processes, optimized routes, and ensured compliance with import/export regulations.
- Supervised warehouse operations, staff, and safety protocols, ensuring efficient storage and distribution of products.
- Coordinated with cross-functional teams to align inventory, production, and shipping with business goals.
Education
Master Of Business Administration - Finance
West Chester University of Pennsylvania
West Chester, PABachelor Of Science - Accounting
Saint John's University
Queens, NY05.2006
Skills
- Microsoft Office
- SAP
- Oracle JD Edwards
- SAGE
- AS400
- SARA Masterpiece
- Infor XA and M3
- QuickBooks
- Power BI
- Hyperion
- Smart Link
- Qlikview
Timeline
R2R Chief Accounting Manager
SKF USA
03.2022 - Current
VP/Director of Managerial Accounting
Philadelphia Macaroni Company
08.2019 - 03.2022
Senior Accountant - Direct to Consumer
Lenox
08.2017 - 08.2019
Senior Cost Accountant - Supply Chain
Lenox
03.2014 - 08.2017
Factory Accountant/Plant Services
Philadelphia Macaroni Company
08.2006 - 03.2014
Bachelor Of Science - Accounting
Saint John's University
Master Of Business Administration - Finance
West Chester University of Pennsylvania
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