Inventory Control Supply Chain

MAURICE HAMMIEL, M.B.A.

********@*******.***

508-***-****

ACCOMPLISHED ACCOUNTING PROFESSIONAL

Dependable professional bringing together a polished background in finance and accounting with a strong ability to oversee cost management and inventory control. A proven record of complete accuracy in all areas of preparation, reporting and follow through while adhering to all company procedures and policies. Eager to showcase my abilities to add growth and opportunities to a firm or business looking for added success.

SYSTEMS

SAP, Oracle, MS Dynamics GP, JD Edwards, CYMA IV, Therapy Notes, Payspan, PowerLink

MS Word, PowerPoint, Outlook

Move X/M3 Explorer, Resource Advisor

Infor Smart Office

Smartlist, Blackline, Squire, Crystal Reports XI, PayCom, Magnitude, PeopleSoft, Invoice On-Line, XA

KAIZEN, QlikView

MS EXCEL (Pivot Tables, Macros, VLOOKUP, SUMIF)

KRONOS

PROFESSIONAL EXPERIENCE

Thermo Fisher – Franklin, MA 09/2022-Present

Cost Accountant III

Standard Costing:

oFor the NA region, lead all aspects of the annual standard cost update.

oWork with the supply chain and sourcing functions to establish accurate materials costs.

oDetermine the direct labor and overhead rates for the forecasted year by working with the site finance leader and applying a standardized methodology across all sites.

oOversee the annual update in the SAP ERP system and compute the inventory revaluation adjustment.

oPrepare an analysis of year over year variances for both material and labor/overhead costs.

oCommunicate updated standard costs by SKU to the commercial group for use in timely updates to product pricing.

oPrepare and roll standard costs for new items as needed in a timely manner.

oSupport new product introduction (NPI) efforts by performing cost modeling of proposed new products.

Monthly Closing:

oOversee the month end inventory detail report generation out of the SAP EPR system.

oCalculate excess and obsolescence reserve adjustments

oCalculate the accrual and reserves for inventory at risk such as blocked stock and expiry.

oPrepare monthly journal entries for the capitalization of purchase price, material usage, and net absorption variances.

oReconcile the cost of sales transactions between material transactions and general ledger.

oPrepare monthly production volumes reporting (standard hour and units produced).

Other:

oSupport the annual physical inventories and cycle count programs at each site.

oSupport periodic audits of bills of materials.

oDrive standardized daily/weekly metrics reporting for inventory scrap, materials usage, and purchase price variances.

oGenerate daily production volumes reports (standard hours/units).

oParticipate in Lean Manufacturing.

o

Gentex – Dudley, MA 03/2022-09/2022

Cost Accountant III

Responsible for Cost Accounting functions, updating labor rates and working with operations and engineering to ensure integrity of product standard cost – detailed variance analysis

Analyze Value Stream financial results: Revenue, Cost of Sales and Gross Margin as well as department spending

Compare actual product costs with budget, estimates or standards and analyze results

Update Value Stream financial reporting requirements and partner with the Value stream on all financial analysis

Month End close process including necessary journal entries, reconciling inventory and other necessary activities to ensure financial integrity

Responsible for annual site year-end Physical Inventory

Bid and Proposal efforts for Production efforts including Compliance with RFP (Request for Proposal), Product Costing, Rates and Factors, develop summaries for review/submittal

Aid in the annual budget including but not limited to, cost of sales, expense planning and capital plans and location rates

Provide support for external/government audits

Support ad hoc projects and assignments as needed

Saint-Gobain – Worcester, MA 12/2020- 03/2022

Senior Accountant

Delivering high levels of customer service by providing helpful, friendly and informative communications. Being proactive in meeting customer needs and requirements

Leading monthly closings by preparing journal entries, analyzing, and reconciling balance sheet accounts.

Leading the financial reporting process.

oPreparing financial, tax, treasury, and government reports on the customer's behalf.

Ensuring compliance with Saint-Gobain's Internal Control Reference Framework and accounting guidelines established by GAAP and IFRS.

Participating on or leading initiatives to meet SSC goals and objectives.

Participating on or leading customer-sponsored special projects.

Responding to financial and tax audit requests for information and insight.

Applying technical know-how to research and resolve accounting and accounting systems issues.

Kidde Fenwal – Ashland, MA 11/2020-12/2020

Senior Staff Accountant

General accounting related to general ledger, projects, to ensure accuracy of the accounting entries.

Compiles and maintains accounting statements, reports, general ledger accounts, cost revenue reports, balance sheets, and / or bank statement reconciliations in order to ensure smooth functioning of the processes.

Monitors account entries and control activities to ensure accuracy of information.

Prepares journal entries and account reconciliations based on financial data.

Assists on projects, and internal and external audits to ensure quality of project and timely completion.

Prepares basic financial analysis in order to ensure accuracy of financial reporting.

Analyze overhead expenses by department and analyze variances between actual, budget, and forecast

Complete and provide monthly departmental overhead spend files to management team

Assist with Cost Accounting activities such as PPV, freight, and cap variance,

Follows accounting policies and procedures and control processes to ensure work is as per standard defined.

Contract Positions:

Staff Accountant / Analyst

Clarke Distributions – Milford, MA 9/2019 – 12/2019

Saint Gobain – Worcester, MA 6/2019 – 9/2019

Spencer Technologies - Medway, MA 1/2019 – 5/2019

Prepared month end closing, reconciliation accounts, and journal entries.

Prepared routine journal entries, monthly financial reports, reconciliations of general ledger accounts for financial statement reporting.

Assisted the CFO with formulation of annual departmental operating, money market, personal property tax assessor financial reports, and capital budgets.

Assisted accounts payable and accounts receivable transactions, general ledgers, fixed assets, invoice, inventory, and shipping.

Assisted in the preparation of actuals vs. budgets, forecasts, cash flow, weekly payroll transactions, weekly review of invoicing, forecasting, shipping and inventory, profit by call, WIN and CNI, accounts payable and accounts receivable international and other regions, PO details, Invoice Detail, and monthly reporting shared services.

Trained Junior Analyst to prepare monthly and weekly financial reporting, forecasting, payroll transaction, invoicing, accounts payable and accounts receivable, and shipping and inventory.

AZZ/CGIT - Medway, MA 1/2017 - 8/2018

Accountant

Prepared routine journal entries, monthly financial reports, reconciliations of general ledger accounts for financial statement reporting, and Budget Summaries, and maintained time and attendance for payroll purposes, as well as those requested on an ad hoc basis for the monthly financial closing process.

Assisted in the preparation of budgets or forecasts, cash flow, transactions and reporting mechanisms that could comprise material transactions, commissions, labor transactions, accounts payable and accounts receivable transactions, petty cash, and their relationship and impact on the monthly Percent of Completion Revenue calculation with the current project budgets and monthly estimates of completion with multi-million dollars’ projects.

Adhered to cycle count performed by Production Control and Manufacturing personnel.

Assisted the Controller with formulation of annual departmental operating and capital budgets.

Prepared work papers to facilitate Internal Audit staff in their review of internal control procedures and the integrity of the financial statements. Researched and resolved a variety of questions posed by the Auditors.

Maintained adherence within the division to SOX policies and procedures as defined by Corporate Accounting.

Teknor Apex - Pawtucket, RI 1/2016 - 9/2016

Cost Accountant (Contract)

Partnered with the plant-manufacturing personnel to reinforce Movex/M3 floor reporting procedures and assisted with the recording of any inventory activity to ensure data integrity on inventory reporting.

Prepared general ledgers and journal entries for selected locations, which included overseeing the material flow of multi-million-dollar projects (BOM, MOM), including all inventory transactions at selected facilities, and reconciled various accounts related to the inventory, such as month-end and quarterly-end closing, clearing accounts, and off site inventories ensuring entries were accurate.

Assisted plant-manufacturing with cycle counting and physical inventories to ensure accurate reporting of inventories and adjustments.

Reviewed all standard cost changes for select product lines including raw materials, wip, and finished goods to ensure accuracy of standard costs.

Reviewed the manufacturing variances and sales margins for selected product lines and prepared operations analysis reports for analytical support to business analysis and production managers.

Prepared annual work center variable and fixed rates per hour.

Assisted in the year-end audit: observed and audited physical inventories at selected facilities, prepared various “Prepared by Client” schedules for the auditors, and collected documentation to satisfy audit requests.

Intel Corporation - Hudson, MA 1/2001– 10/2015

Cost Accountant - 1/2012 – 5/2014

Provided financial and cost analysis, cost allocation, reporting, and cost corrections.

Tracked costs of the production output and spending trends, financial expense reports, inventory, and identified and resolved cost spending.

Collected and processed business analyses and recommendations to an operating group on pricing, capital investment, make vs. buy, product ROI, cost reduction and expense controls.

Managed daily, weekly, monthly and quarterly cost tracking system which focused on cost reduction and management of commodities.

Cost Analyst - 1/2011- 12/2011

Organized cost reduction, expense controls and management reporting financial statement analysis, strategic long range planning inventory, and audits using EXCEL (Ad-HOC, Macro), SAP inputs, Injury Free Environment, and Lean Manufacturing technology.

Team Leader - 1/ 2002-12/2015

Organized and communicated, input financial expense reports, trained, and scheduled the area for the daily task by working with management, engineers, and oncoming shifts.

Communicated the daily summary to oncoming shift of the area and expectations.

Created team’s work schedule, facilitated meetings using Excel and PowerPoint presentations, coordinated the area to run production, and resolved equipment and process to meet daily goals using EXCEL, SAP, KRONOS, KAIZEN, SPEC, and SPC++.

Trained as many as 20-40 individuals to advance their knowledge in the area equipment and process in order to become highly certified.

Updated and communicated the area summary for management, engineers and oncoming shifts, and knowledge of the company system software programs.

Participate in Lean Manufacturing: Six Sigma, Green Belt.

ADDITIONAL EXPERIENCE

Palmer & Hammond – Auburn, MA 2/2020 – 4/2020

Tax Preparer

Advising clients about the tax preparation process.

Preparing and submitting tax returns for clients.

Handling communication from clients and tax authorities.

Providing future tax planning to clients.

Technical Career Institutes - New York, NY 9/1999 – 12/2000

Senior Computer/Electronic Technician

Organized and installed computer hardware and software for registration, faculty and student usages.

Coordinated team for computer server setup for registration and organized and installed updated computer hardware and software for the facility and administration office.

Trained Work-Study students to install Network LAN lines, computer hardware and software and telephone line set-ups.

EDUCATION

Nichols College – Dudley, MA

Master Business Administration – Accounting/Finance

Bachelor of Science in Business Administration– Accounting

Technical Career Institutes - New York, NY

Associate of Occupational Science

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