Cost Accountant
Bread Ahead
Total years of experience :10 years, 6 Months
Procurement & Supply
• Ensuring procurement needs are met and compliant with the organization’s Finance Policy, internal controls, procurement best practices and supporting policies, protocols, and standard operating procedures to achieve the goals of fair, open and transparent procurement opportunities.
• Liaises with management and internal departments to develop procurement and contract documents including revision of Instructions to Bidders as appropriate for the procurement, to review specifications and revise as appropriate, to assist with developing criteria for evaluating submissions, responding to vendor inquiries, and evaluating submissions.
• Developing and proposing to management on sourcing and procurement strategies and plans.
• Lead the supplier relationship management process to achieve better pricing and quality of service.
• Recommending the direction of present and future product lines by reviewing product specifications and requirements, appraising new product in alignment with requirements management and analytics division.
Cost Accounting
• Developing and maintaining the cost accounting system, documents, and records of the organization.
• Analyzing and recommending costs and cost savings, preparing and complete internal cost audits and complying with Generally Accepted Accounting Principles (GAAP) for financial statements.
• Analyzing any changes in goods or services provided in order to determine what effect it has on the cost also analyzing manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Making estimates of new and proposed product costs and provide management with reports that specify and compare factors that affect prices and profitability of products or services.
• Conducting physical inventories and monitor the cycle count program.
Prepared financial documents like income statements and balance sheets
* Worked with auditors both within and outside of the company to ensure legal
compliance
* Made sure all bookkeeping is accurate and adheres to state laws
* Created budgets or advise on the creation of budgets
* Properly stored and managed financial data
* Regularly reviewed bookkeeping for accuracy
* Reviewed and updated accounting processes as needed
* Made financial recommendations
* Managed or worked on an accounting team
* Maintained confidential and secured storage of important financial information
Prepare asset, liability, and capital account entries by compiling and analyzing
account information
* Document financial transactions by entering account information
* Recommend financial actions by analyzing accounting options
* Summarize current financial status by collecting information; preparing balance
sheet, profit and loss statement, and other reports
* Substantiate financial transactions by auditing documents
* Maintain accounting controls by preparing and recommending policies and
procedures
* Guide accounting clerical staff by coordinating activities and answering questions
* Reconcile financial discrepancies by collecting and analyzing account information
Led and motivated a team, meeting set sales targets & growing market share.