Nosa Osaretin
Macomb,MI
Summary
Detail-oriented Senior Accountant with 5+ years of expertise in revenue recognition and financial reporting under US GAAP and ASC 606. Successfully led monthly close processes and reconciled accounts, ensuring audit readiness across various business units. Proficient in ERP systems such as Netsuite, with advanced skills in Excel automation to enhance reporting efficiency. Strong communicator and collaborative team player focused on continuous improvement.
Overview
9
9
years of professional experience
Work History
Engineering Controller
Yanfeng Global Automotive Interiors
Holland, MI
08.2019 - Current
- Recorded monthly journal entries for revenue and expense recognition in accordance with ASC 606 and GAAP.
- Prepared balance sheet account reconciliations, and supported month-end and year-end close processes.
- Created detailed supporting schedules for engineering costs, amortizations, and prepaid expenses.
- Performed margin analysis and variance reporting for budgets vs. forecasts vs. actuals.
- Developed and maintained SOPs for internal controls, improving audit readiness, and compliance.
- Collaborated cross-functionally with operations and procurement teams to align on revenue triggers and expense management.
- Processed intercompany charges for engineering services across domestic and international units.
Plant Financial Analyst
Yanfeng Global Automotive Interiors
Holland, MI
03.2019 - 08.2019
- Facilitated month-end close at plant level, ensuring accurate journal entry posting and cost allocation.
- Analyzed labor efficiency metrics and scrap reports to enhance financial decision-making.
- Reconciled inventory balances and adopted ABC costing for precise valuation.
- Automated manual expense reporting through Excel VBA, cutting processing time by 85%.
Program Financial Analyst
Yanfeng Automotive Interiors
Holland, MI
04.2018 - 03.2019
- Managed revenue recognition and cost allocations for multiple engineering programs under ASC 606.
- Posted accruals, supporting non-recurring entries linked to project milestones.
- Created ETC and EAC reports to analyze budget versus actual variances.
- Assisted in preparing financial documentation and schedules for audits.
- Reviewed purchase orders and approved invoices for accurate program-level financial treatment.
Procurement Analyst (Contractor)
Yanfeng Automotive Interiors
Holland, MI
10.2016 - 02.2018
- Resolved discrepancies exceeding $20M in accounts payable, improving cash flow management.
- Negotiated vendor terms, achieving 11% reduction in sewing equipment costs.
- Ensured compliance with internal financial policies for purchasing, inventory, and logistics.
Education
Bachelor of Arts - Economics
Pennsylvania State University
University Park, PA12-2017
Skills
- Financial reporting and audit support
- Cost analysis and budgeting
- Budget forecasting and margin analysis
- Internal controls and ASC 606 compliance
- Journal entry management
- ERP systems: SAP, QAD, Costpoint
- Advanced Excel and Power BI
Timeline
Engineering Controller
Yanfeng Global Automotive Interiors
08.2019 - Current
Plant Financial Analyst
Yanfeng Global Automotive Interiors
03.2019 - 08.2019
Program Financial Analyst
Yanfeng Automotive Interiors
04.2018 - 03.2019
Procurement Analyst (Contractor)
Yanfeng Automotive Interiors
10.2016 - 02.2018
Bachelor of Arts - Economics
Pennsylvania State University
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