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Accounts Payable Accounting

Location:
Placentia, CA
Posted:
November 09, 2016

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Resume:

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Ameneh Omidy

Fullerton, CA

Cell: 714-***-****

acxfkc@r.postjobfree.com

SUMMARY OF QUALIFICATIONS:

More than seven (7) years of progressive experience in Financial Accounting, Cost Accounting, Auditing, and Finance

Advanced knowledge of accounting software (SAP, SAGE, JD Edwards), Microsoft Suite (Excel, Word, and PowerPoint)

Extensive Manufacturing experience, Cost Accounting, and Inventory Management

Logical, analytical skills, attentive to details, excellent organizational and planning skills

Strong time management skills, ability to work and make decisions independently in a fast-paced environment ACCOMPLISHMENTS

Increased accuracy of inventory count by 70% and minimize re-counts by implementing and developing inventory process improvement methods, reduce risk, eliminate non-value added tasks and focus on area that drive value.

Reduced Planned and Actual Material Production Variances caused by work orders over 75% by implementing revised procedures and training production planners, and established bridge communication between Finance, R&D, Color Lab, and production team to finalize Bill of Material and cost before processing work orders.

Increased cash flow over $1,600K by reducing the over 90-day Accounts Receivable (A/R) from $1,840K to $200K and minimizing risk from marginal customers.

Increased internal control over 70% by restructuring and implementing new Accounts Payable (A/P) system with verifying accuracy of every expense before entering payment stream.

Reduced the risk and the month-end close process from 8 days to 5 days by establishing numerous control checklists and correcting transactional issues at the source.

Reduced 30% of salary expenses by contributing to an auditing project, collecting and analyzing data to detect deficient controls, fraud, or non compliance with law, regulations and management policies; this accomplishment was above my scope of duty. EXPERIENCE

Manufacturing / Cost Accountant - PAREXUSA – Anaheim, CA Feb. 2015– Sep. 2016 One of the world’s leading manufacturers / distributors of specialty building materials for the construction industry

Audited bill of materials and routings, and established controls around bills of material modifications to assure timely and accurate representation of standard costs.

Updated standard costs as needed for Bill of Materials (BOM’s) and burden, developed and maintained accurate product costs.

Analyzed and interpreted gross margins, cost variances (PPV, MPV & INV), inventory movements and other accounting reports as related to cost and performed correction entry as required.

Planned, prepared, executed and analyzed monthly physical inventory counts in 12 manufacturing and selling facilities, investigated significant variances, resolved issues and reviewed adjustments then provided timely reports to management.

Worked directly with the plant’s managers and inventory controllers located at 12 facilities to discuss adjustments necessary on inventory discrepancies caused by work orders to accurately state inventory balances.

Maintained plants performance evaluation and measured achievements toward goals through Scorecard by measuring six (6)aspects that included Fixed Costs, Inventory, Safety, Customer Claims, Net Contribution and Labor/ Overhead.

Provided management with daily, weekly / monthly reporting and analysis to measure performance and worked on corrective actions when required.

Senior Accountant - CABKA North America –St. Louis, MO Jun 2013– Jan 2015 A leading manufacturer of innovative products using recycled plastics

Developed Accounts Receivable processes that included payments, review and analysis followed up by direct interfacing with customers on collection matters and disputed resolution.

Responsible for Accounts Payable included audit and investigation of vendor invoice, payment issues, identified delinquent accounts and insufficient payments, maintained vendor accounts and processed journal entries of adjustments to billing

Facilitated "no-fault" internal and external audits as a result of sound record keeping and thorough documentation, and ensured vendor payments were processed within the company’s established terms.

Performed all general ledger (G /L) coding, credit card statement coding, account reconciliations, bank reconciliations, and approve ledger entries by auditing transactions, maintain inventory monthly closing in accounting software. 2 P a g e

Managed and approved the input of all A/P and A/R transactions and journal entries into the accounting system to ensure that all transactions were coded appropriately.

Maintained financial security by following internal accounting controls and performed special projects as needed within accounting department.

Assisted and oversaw month-end close processes with compliance with GAAP. Relocated to US – Obtained US Citizenship and Received Master’s degree in Finance- MO 2010-2013 Senior Accountant - IKCO Automobile Manufacturer Inc. Sept 2006– Sep 2009

$12B multi-national automobile manufacturer (54,000 employees), headquartered in Iran

Performed journal entries into SAP system, account reconciliations, and account balancing

Controlled on maturity date of multiple accounts payable, and oversaw day-to-day activities of the accounts payable department

Followed up on pending accounts receivable and checked all new account information for accuracy Economic & Financial Affairs Auditing Organization Inc., Auditor Jan 2004-Sep 2006 Governmental agency responsible for Auditing / Reviewing company financial statements in Iran

Handled the tasks of verifying the journal and ledger entries of current and concurrent assets, operating expenses

Checked accounting systems and account books to ensure efficiency and effectiveness by using accepted accounting procedures

Checked figures and documents for correct entry, mathematical accuracy, and proper codes

Collected and analyzed data to detect deficient controls, fraud, or non compliance with laws, regulations and management policies

Examined records and interviewed workers to ensure recording of transactions Education

MBA & Finance - Webster University, GPA 3.80 May 2015 St. Louis, MO

Bachelor of Science in Accounting, Azad University Languages

English

Persian/Farsi



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