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Quana Jones
Cleburne
Summary
Cost accountant and senior accountant with expertise in developing and implementing cost-saving processes across organizations. Proficient in accounting policies, inventory management, COGS, purchasing, and general ledger functions within energy and manufacturing sectors. Strong knowledge of GAAP and Sarbanes-Oxley regulations, ensuring compliance and accuracy. Delivers financial analysis that supports informed decision-making and enhances profitability through thorough reviews and forecasts.
Overview
14
14
years of professional experience
Work History
Material Analyst
Smith & Nephew
Fort Worth
08.2023 - 05.2026
- Tracked raw materials ($6m) and finished goods ($4m) inventory using ERP Infor LN system.
- Developed material management workbook with supply chain manager, detailing inventory, orders, and safety stock.
- Superuser for ERP Infor LN system (excluding quality assurance), adept at resolving inventory discrepancies.
- Collaborated with buyer and planner on item setup, conversion factors, and measurement units.
- Generated monthly supply chain expense, purchase price variance, and inventory movement reports for month-end close.
- Verified inventory movement report alignment with trial balance before departmental distribution.
- Conducted quarterly physical inventories, including count sheets generation and variance report creation.
- Coordinated with warehouse personnel to manage expired/obsolete inventory and complete destruction forms.
Senior Cost Accountant at Spectrum division
Doskocil Manufacturing Company, Inc dba Petmate
Arlington
08.2022 - 02.2023
- Collaborated with plant managers and engineers to construct BOMs in Oracle for new products based on usage analysis of similar products.
- Determined cost of goods for new products and coordinated with sales department to establish pricing strategies.
- Maintained subsidiary accounts by verifying, allocating, posting, reconciling transactions, and resolving discrepancies.
- Managed fixed asset sub-ledger and depreciation schedules, including posting journal entries for depreciation.
- Created monthly journal entries for accounts payable accruals, travel accruals, suspense accounts, payroll, and payroll accruals.
- Executed month-end general ledger reconciliations for goods received/invoice received and inventory management.
- Generated weekly resin summary reports to analyze sales and inventory balances.
- Prepared month-end material account distributions, margin analyses, labor analyses, and variance reports to assess cost allocations.
Senior Staff Accountant
ITW North America Refrigeration – Traulsen
Fort Worth
08.2021 - 07.2022
- Tracked raw materials valued at $1.9 million and finished goods worth $18 million between job production software and Syteline accounting software to ensure balance verification.
- Investigated discrepancies in general ledger balances to identify and rectify issues.
- Reconciled finished goods transfers to Epicore 9 warehouse software, confirming alignment.
- Searched serial numbers to resolve differences between Syteline and Epicore, collaborating with warehouse for adjustments.
- Entered inventory adjustments from production material substitutions, modifications, and cycle counts.
- Generated daily cost roll reports for materials without costs to facilitate purchasing department entries.
- Processed cash receipts from lockbox ACH transactions on daily bank statements; communicated with customers regarding unpaid invoices.
- Conducted intercompany bank transfers, reconciled accounts payable and receivable aging reports.
Senior Inventory Accountant
Alcon Vision, LLC
Fort Worth
03.2018 - 08.2021
- Cost new materials or update old material cost, between 300 to over 15,000 per month. Work with the inventory team on the yearly standard cost roll of 160,000 materials. Download reports from Showcase for JDEdwards costs. Review SAP to determine the cost and make necessary changes.
- Ensured timely and accurate delivery of monthly Standard Cost Change report. Perform analysis of the changes with documentation of who provided the costs, such as intercompany plants, 3rd Party or SAP Supply Price pricing tool.
- Update the Contact Lens Quarterly Reserve reporting of Balance on Hand, Forecast, Excessive and Obsolescence. Monthly Utilization of Scrap and Net Realizable Value of Reserve inventory using companywide costing accounting policies.
- Process month end Balance Sheet Reconciliations for 3 Alcon Divisions and analysis for 22 High Risk and 10 Low Risk accounts, such as Inventory on Hand, Goods –In-Transit, Goods Received/Invoice Received, Sales Returns and Finished Goods Purchased. Upload in Blackline and analyze the variances.
- Create journal entries for accounting updates/corrections to ensure accurate records for Reserves, Unbilled COGs and GRIR Adjustments and Reconciliation True ups, following company procedures and policies per GAAP. Generate Ad-Hoc reports.
- Assist the inventory team with the yearly standard cost roll. Download reports from JDEdwards using Showcase and SAP-IRIS to compare the costs provided by the plants. Work with plant managers to reconcile any differences.
- Contribute to the provisional reporting of Excessive and Obsolescence, Scrap and Net Realizable Value of inventory. Provide a monthly report on Standard Cost Changes, along with analysis of changes.
- Perform month end Balance Sheet Reconciliations and analysis for High Risk and Low Risk accounts, such as Goods –In-Transit, Goods Received/Invoice Received, Sales Returns and Finished Goods Purchased.
- Generate journal entries for Accruals, Adjustments, Reconciliation True-ups and Reserves.
Senior Accountant
Halliburton (Jet Research Center)
Alvarado
05.2017 - 07.2018
- Performed activities involving complex accounting reports and accounting analyses with related spreadsheets and applications input. Prepared and posted journal entries and accruals for Goods Received and Invoice Received, Inter-company Transfers, and Excess and Obsolete Inventory and other transactions as needed.
- Review and monitor transactions, in SAP, for accuracy and timeliness. Researched and resolved intricate accounting issues and transactions including related internal controls.
- Assisted with the yearly standard cost rollout, including labor rate, fixed and variable overhead and purchased standard cost. Involved in creating a yearly budget. Responsible for weekly forecast, WIP and direct sales reports.
- Participated in 3-day month-end close and prepared, analyze and distributed financial results including variance explanations for purchase price variance up to $700K, standard cost variance up to $60K and productive hours to 12K hours.
- Responsible for reviewing and setting up standard costs for both new purchased and manufactured parts.
Accountant – Accounts Payable Support
XTO Energy Inc.
Fort Worth
01.2012 - 04.2017
- Tracked approximately 500 Performance Bonds for Federal, State, County and City Entities to ensure the renewing and/or cancellation of $10M of bonds. Including Nationwide, Statewide, Performance, Operator, Drilling, Pipeline, Right of Way and Road Bonds.
- Developed policy & procedure for performance bonds, how to process different bonds and when they can be cancelled. The 200 bond cancellations resulted in a savings of $45K in premiums per year. Process continues to be followed.
- Assisted with both internal and external audits, including SOX audits.
- Reconciliation of General Ledger Accounts from AS400 to BSAM Access Program for $45K to $70K. Download Vendor list from AS400 Access system to create Excel report for the ExxonMobil EDM RPS website to determine if there are any EPA or Federal government sanctions on a specific vendor, if so, put the vendor on hold.
- Request and validated ACH information for Vendor Authentication.
- Manage Permanent and Temporary Invoice Approval Requests per Delegation of Authority Guidelines (DOAG) in ADP. The invoice approval amounts ranged from $1K to Unlimited. Permanent invoice approval for supervisors, managers and executives. Temporary – is a request from an invoice approver for a lateral or subordinate to have temporary invoice approval for a designated time.
Inventory Accountant
XTO Energy Inc.
08.2012 - 12.2012
- Conducted physical inventories in assigned Division yards, valued at $250K to $5M per yard, verified count with inventory manager, reconciled prior year physical with current year.
- Communicated the discrepancies with manager and supervisor, determined appropriate research to investigate differences.
- Generated journal entry to adjust inventory to actual after reconciliation; sent to manager for approval; upload to AS400 accounting software.
- Ensured accurate inventory for Division yards in Cendec system.
Education
Bachelor’s Degree - Finance
Abilene Christian University
AbileneSkills
- ERP systems (Infor LN, JD Edwards, SAP, AS400, GEAC, Oracle, Cendec, Sage, MAS90, Syteline, Epicor)
- Inventory management
- Accounting principles
- Open Invoice/ADP integration
- Cost analysis techniques
- BOM creation processes
- Variance reporting methods
- Financial reconciliation practices
- Business intelligence
- Data analysis skills
- Microsoft Excel proficiency
- Standard costing
- Accounts payable management
- Visio and LexisNexis applications
- Process improvement
- Cost accounting
- Month-end closing
Timeline
Material Analyst
Smith & Nephew
08.2023 - 05.2026
Senior Cost Accountant at Spectrum division
Doskocil Manufacturing Company, Inc dba Petmate
08.2022 - 02.2023
Senior Staff Accountant
ITW North America Refrigeration – Traulsen
08.2021 - 07.2022
Senior Inventory Accountant
Alcon Vision, LLC
03.2018 - 08.2021
Senior Accountant
Halliburton (Jet Research Center)
05.2017 - 07.2018
Inventory Accountant
XTO Energy Inc.
08.2012 - 12.2012
Accountant – Accounts Payable Support
XTO Energy Inc.
01.2012 - 04.2017
Bachelor’s Degree - Finance
Abilene Christian University