Summary
Overview
Work History
Education
Skills
Additionalinformation
Selectedaccomplishments
Timeline
Generic

Teresa Lamaye

Molalla,OR

Summary

Energetic and results-driven financial leader with deep expertise in analyzing complex financial data leveraging cost management techniques such as benchmarking, business modeling, cost driver analysis and target costing. Build valuable relationships with both internal and external stakeholders while providing high-level financial guidance to senior leadership. Ability to identify solutions to complex financial problems and streamline processes, drive cost reduction, and increase efficiencies. Guide and collaborate with cross-functional teams, influencing and equipping individuals with resources to achieve business outcomes aligned with strategic vision. Experienced in GAAP and SOX Internal Controls.

Overview

27
27
years of professional experience

Work History

Cost Program Manager

ICHOR SYSTEMS
10.2022 - 02.2024
  • Addressed and resolved technical, financial, and operational concerns by working with team members and directors.
  • Met with project stakeholders on regular basis to assess progress and make adjustments regarding projects in process.
  • Managed multiple strategic projects with numerous sub-projects or workstreams.
  • Enhanced project visibility with regular status updates, leading to increased stakeholder engagement.
  • Developed strategic plans, setting clear objectives and achievable milestones for the team.
  • Engaged and worked alongside cross-functional stakeholders to manage strategic initiatives.
  • Administer controls over the inventory, standard costing, and PPV processes
  • Led the implementation of the transfer of routine cost activities to an off-shore agency for cost reduction
  • Provided leadership and development to the cost accounting team
  • Quarterly E&O inventory reserve calculation for 4 business units within Ichor
  • Oversaw quarterly audits for multiple business units
  • Monthly income statement and balance sheet review meetings with stakeholders
  • Improved work order variances through the implementation of a cross functional team eliminating 1M variance per period improving accuracy in cost of sales at the product level
  • Conduct data analysis and modeling to identify patterns and trends in large datasets

Manager, Cost Accounting

LAM RESEARCH
04.2019 - 08.2022
  • Responsible for the bi-quarterly production labor overhead absorption forecasting for a multibillion-dollar producer of wafer fabrication equipment and related services within semiconductor industry
  • Aided in the training and integration of the newly opened overseas production facility in Malaysia, guiding education of new employees on cost accounting and financial analysis
  • Collaborate with cross-functional teams across product group finance, purchasing, planning, and order fulfillment regarding variance to the financials
  • Spearhead special ad hoc projects at behest of senior leadership, overseeing data validation, SAP UAT integration testing, and process improvement
  • Developed return-to-stock process leveraging SAP that enabled pre-sale customer equipment returns following evaluation periods
  • Developed financial models and forecasts to assess potential savings
  • Performed UAT testing within the functional modules of SAP
  • Inventory, Sales, Production Planning, MRP Supply Chain
  • Provided strategic decision-making support to senior management

Financial Analyst V

LAM RESEARCH
05.2017 - 04.2019
  • Led labor overhead absorption forecasting and analysis of production order variances
  • Collaborated cross-functionally with various teams across several divisions, including product group financing, planning, supply chain and order fulfillment, to evaluate production control and sales order cost variance
  • Conducted detailed financial analysis to identify and evaluate changes in operations, trends and potential areas of improvement.
  • Collaborated with cross-functional teams to optimize budgets, resulting in improved resource allocation.
  • Streamlined financial reporting for better decision-making with clear, concise analysis and presentation.

Cost Analyst, Mobility Division

SIEMENS
01.2015 - 01.2016
  • Coordinated efforts to create new processes and policies for streamlining operations and improving inventory management within SAP ERP system
  • Evaluated and analyzed long-term project procurement risk and provided actual cost of sale analytics based on bill of materials (BOM) to reconcile BOM changes with ERP data
  • Ensured accurate Sarbanes-Oxley Act (SOX) reporting and compliance and maintained precise inventory balances through reconciliation to maintain accuracy for audits
  • Introduced improved standard cost system that enabled more accurate external reporting

Financial Analyst

XEROX
01.2014 - 01.2015
  • Ensured accurate rebate payments to customers purchasing printer ink toner, maintaining highly accurate records and continually auditing processes to avoid duplicate payments
  • Evaluated existing processes within marketing claims department and developed new processes to streamline operations
  • Performed program analysis to assess potential effects of implementing marketing programs on market share and sales volume growth
  • Managed marketing claims denials and customer charge-backs

Assistant Controller

PPM TECHNOLOGIES
01.2011 - 01.2013
  • Oversaw accounts payable (AP), accounts receivable (AR), HR, cashflow management, and collections, and coordinated integration of foreign business entities into corporate accounting system
  • Influenced high-level financial decision-making, maximized returns, and eliminated risk by creating and monitoring accounting policies and procedures
  • Performed month-end closing and variance analysis to ensure Generally Accepted Accounting Principles (GAAP) compliance
  • Improved AR and AP systems by developing and training streamlined, collaborative processes

Education

Bachelor of Science - Business Administration, Major in Accounting

University of Portland
Portland, OR

Skills

  • Business Analysis
  • Performance Metrics
  • Financial Budgeting
  • Forecasting
  • Data Analytics
  • Gross Margin Analysis
  • Complex Data Analysis
  • Strategic Partnerships
  • Strategic Direction
  • Variance Analysis
  • Problem-Solving
  • Project Management
  • Detail Oriented
  • Strategic Planning
  • Process Improvement
  • Team leadership and direction

Additionalinformation

SAP (Advanced), Oracle, Excel (Advanced)

Selectedaccomplishments

  • Strategic Partnerships, Established numerous impactful relationships across Lam Research’s product group finance, engineering, supply chain and production control reducing margin variances an estimated 35%
  • Process Improvement, Spearheaded transformation of Siemens’ inventory management system to enable reconciliation of inventory/sales data with enterprise resource planning (ERP) system data, developing and implementing new inventory control processes and creating all documentation to provide education on new inventory management procedures.
  • Innovation, Development of a new account reconciliation process representing the RMA Ichor owned inventory on hand. This reduced the perpetual inventory on hand to the general ledger reconciliation time by 2 hours.

Timeline

Cost Program Manager

ICHOR SYSTEMS
10.2022 - 02.2024

Manager, Cost Accounting

LAM RESEARCH
04.2019 - 08.2022

Financial Analyst V

LAM RESEARCH
05.2017 - 04.2019

Cost Analyst, Mobility Division

SIEMENS
01.2015 - 01.2016

Financial Analyst

XEROX
01.2014 - 01.2015

Assistant Controller

PPM TECHNOLOGIES
01.2011 - 01.2013

Bachelor of Science - Business Administration, Major in Accounting

University of Portland

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