Cost Accounting & Inventory Reconciliation Expert

Robert E. Zimbalist

**** *. ****** ******

West Islip, NY 11795

Home: 631-***-****

CAREER QUALIFICATIONS SUMMARY

Management experience in finance, accounting and auditing. Contributed to the profit and sales margins for all corporations by controlling costs, increasing profits, analyzing costs, proposals, negotiations of contracts, on site audits of divisions to assess management risk, profitability, and compliance. Managed all aspects of cost accounting, financial analysis, inventory control, direct labor and the absorption of overheads, achieving performance objectives.

EDUCATION

MBA, New York Institute of Technology, Old Westbury, New York.

BS in Business Administration, State University of New York, Stony Brook, New York. Emphasis in Finance, Accounting, and Management.

EXPERIENCE

Senior Inventory Accountant Amneal Pharmaceuticals

• Responsible for month end inventory reconciliation for multiple branches between subledger and

General ledger. Investigation of Inventory Account variances and Journal Entries to reconcile Raw Materials, Packaging Components, Bulk, Finished Goods and WIP.

• Month end Manufacturing Variances and Purchase Price Variances with analysis and correcting journal entries to reconcile variances and correct standard costs if major cost changes occur. • Responsible for the calculation and maintenance of product costs, and for ensuring accuracy of systems and inventories.

• Destruction of materials and Inventory adjustments in JD Edwards along with assisting production in closing work orders with manufacturing variances.

• Provides relevant information to management, including the operations team for actual and budgeted costs.

• Calculate and maintain standard product costing, provide costing information for budgets and estimate costing for new products in the New York locations.

• Review Inventory status and recommend reserves as appropriate based on company policy including slow moving, obsolete and excess material.

• Assist in managing weekly cycle count program with the stockroom and internal and E&Y auditors during physical counts of inventory selections at the facilities.

• Set up of BOMs and updates of BOMs for bulk production BOMs and finished goods packaging BOMs in JD Edwards. Enter new raw materials into JD Edwards.

• Work with internal and external auditors for quarterly and year end audits.

Senior Cost Accountant

Hale and Hearty

● Month End closing, and reconciliation of all commissary and store inventories and the preparation and posting of all of journal entries.

● Reconcile the Perpetual and General Ledger Inventory on a monthly basis. ● Verify Invoices, Accounts Receivables, Purchase Orders, Cash Flow, Bad Debt Analysis, and Store Bank Reconciliations on a monthly basis.

● Updated standard costs in ERP system on a monthly basis and cycle counts on a daily basis. ● Analysis of overheads, operational expenses and capital expenses on a monthly basis. ● Performance of the physical inventory on a monthly basis, and reconcile variances to the

general ledger and the Perpetual Inventory. PPV analysis and explanation of the variance to standard costs. Fiscal yearend audit with external auditors.

● Analysis and recording of reserves on slow moving finished goods, raw materials, waste, disposal and donations of inventory on a monthly basis.

Senior Cost Accountant / Pricing Analyst Nassau Tool Works

• Month End closing, processing of journal entries, and analysis of the production journals for recording all labor material and overhead costs associated with the project.

• Reconcile the Perpetual and General Ledger Inventory on a monthly basis.

• Verify Invoices, Accounts Receivables, Purchase Orders, Cash Flow and Bad Debt Analysis on a monthly basis.

• Update standard costs in ERP system and cycle counts on a daily basis.

• Prepare Cost of Goods Sold schedule, and Revenue Forecasting schedule.

• Analysis of overheads, operational expenses and capital expenses on a monthly basis. • Performance of the physical inventory, reconciliation and fiscal year end audit with external auditors.

• Analysis and recording of reserves on slow moving finished goods and raw materials on a monthly basis.

• Proposal preparation and Cost Analysis of Proposals, TINA audits, contract negotiations, and manpower planning on all manufacturing and development contracts for the division.

GKN Monitor Aerospace

Senior Cost Accountant

• Month End closing, processing of journal entries, and analysis of the production journals for recording all labor material and overhead costs associated with the project.

• Reconcile the Perpetual and General Ledger Inventory on a monthly basis.

• Verify Invoices, Accounts Receivables, Purchase Orders, Cash Flow and Bad Debt Analysis on a monthly basis.

• Update standard costs in ERP system and cycle counts on a daily basis.

• Prepare Cost of Goods Sold schedule, and Revenue Forecasting schedule.

• Analysis of overheads, operational expenses and capital expenses on a monthly basis. • Performance of the physical inventory, reconciliation and fiscal year end audit with external auditors. • Analysis and recording of reserves on slow moving finished goods and raw materials on a monthly

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