MARINDA SIMMONS
Summary
Experienced finance professional with a strong background in accounting and financial management. Seeking a senior position to utilize analytical and technical skills. Committed to finding a role in a stable environment that promotes lasting relationships within the finance industry.
Overview
24
24
years of professional experience
Work History
Senior Plant Accountant
Geo Specialty Chemicals
04.2015 - Current
- Before divisions were sold, responsible for all plant accounting functions for 16 plants within the company including variance analysis, balance sheet and P&L reporting
- Prepare, review and reconcile balance sheet accounts for my plant
- Improved financial reporting accuracy by streamlining the month-end close process and reconciling key accounts.
- Prepare month end general ledger entries including prepaid, accruals, allocations, etc
- Prepare and distribute monthly close packets to management
- Prepare monthly forecasts and budget to forecast analysis
- Assist in budget preparation, monitoring departmental spending for alignment with company goals
- Conduct monthly meetings with plant management and production staff to support continuous improvements of spending and budgeting
- Saved the company money by creating budget templates for plant to review spending bi-weekly in order to stay on target with capital spending
- Facilitated effective communication between the accounting team and plant management on financial matters, fostering a collaborative working environment.
- Partnered with human resources to maintain accurate payroll records for all plant employees, ensuring timely processing of paychecks and appropriate withholding calculations.
- Enhanced cost control measures through detailed variance analysis of production costs and expenses.
- Managed approx.$5million in various capital projects each year
- Reduced discrepancies in inventory valuation by conducting regular physical counts and maintaining accurate records.
- Oversee the A/R , A/P for site
Senior Cost Accountant – Aftermarket Group
Cameron
07.2013 - 06.2014
- Responsible for monthly close functions including inventory analysis (Raw, WIP and FG),updating E&O, accrual entries and inventory reserves, PPV and order cost variance analysis, ensuring all orders closed properly and completing account reconciliations
- Reviewed gross margins monthly including a detailed review of revenue and cost of sale transactions
- Work with manufacturing, procurement and others to ensure a clear understanding of how the production elements of standard costing interface with the overall costing system
- Coordinate and oversee the global annual physical inventory of raw material/finished goods
- Helped in supporting business decisions by updating financial models and providing trend analysis to operations managers
- Controlled and managed aftermarket projects which included:
- Reviewing invoices and ensuring milestone and progress payments are made and revenue is recognized in correct period
- Reviewing project costs to make sure the team stayed in line with budgets/forecasts
- Providing cost reports and presentations to project mangers bi-monthly with cost updates
Cost Accountant
Compressor Products Int'l
08.2011 - 07.2013
- Responsible for monthly close functions including inventory analysis (Raw, WIP and FG),updating E&O and inventory reserves, closing and completing jobs, accrual entries and reconciliations
- Analyze general ledger accounts monthly for accuracy
- Directed and assisted project leaders with preparing capital requests including cost justification, monitoring and reporting on project status and reporting actual versus planned
- Improved process for ensuring that fixed asset records were maintained accurately including leading first fixed asset inventory in 6 years
- Directed and coordinated annual physical inventories for 16 locations estimating $9.5 million in inventory and assisted with cycle counts for manufacturing facility
- Assisted in financial implementation of new ERP system which included:
- Creating standardized procedures for cost accounting functions
- Leading training for all sites on job costing, part costs, physical inventory and cycle count processes and basic inventory functions such how to handle WIP, plant to plant transfers and parts on the fly
- Completed various cost analysis including gross margin review by product line, job profit/loss analysis, labor overhead analysis and the costs of raw materials
Management Accountant
Sasol North America
01.2011 - 08.2011
- Completed monthly close requirements including journal entries, accruals, COS, SAP allocations/assessments, B/S and I/S analysis
- Assisted with preparation of operating data, financial graphs and other management reports including sales, production, working capital, depreciation and inventory analysis
Accountant II
LyondellBasell Industries
06.2004 - 01.2011
- Strategically prepared yearly budgets and long range plan for plant site
- Prepared monthly cost analysis of Actual v
- Forecast and Actual v budget variances to present to operations, maintenance, and plant managers
- Provided accurate variance explanations for fixed, variable and product costs
- Performed monthly and year to date analysis of CAPEX spend to plan
- Completed monthly close requirements including journal entries, accruals, variance analysis, SAP allocations/assessments, balance sheet and income statement analysis
- Prepared monthly reports by manufacturing units with key financial data for operations personnel and management for monthly cost meetings
Staff Accountant / Senior Gas Accountant
Reliant Energy
09.2000 - 06.2004
- Actualized volumes in internal system to pipeline support by contract and reconcile pools and interconnects and resolve any discrepancies
- Responsible for aiding settlement accounting group with volume discrepancies
- Invoiced and processed monthly settlements and transport invoices with gas customers and pipeline companies
Education
Bachelor of Business Administration - Accounting
University of Houston
01.2021
Skills
- ROSS/Smartclient
- SAP
- Epicor/XL connect
- HFM/Smart view
- Advanced Microsoft Excel
- Sage for fixed Assets
- Inventory accounting
- Variance analysis
- Manufacturing accounting
Timeline
Senior Plant Accountant
Geo Specialty Chemicals
04.2015 - Current
Senior Cost Accountant – Aftermarket Group
Cameron
07.2013 - 06.2014
Cost Accountant
Compressor Products Int'l
08.2011 - 07.2013
Management Accountant
Sasol North America
01.2011 - 08.2011
Accountant II
LyondellBasell Industries
06.2004 - 01.2011
Staff Accountant / Senior Gas Accountant
Reliant Energy
09.2000 - 06.2004
Bachelor of Business Administration - Accounting
University of Houston
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