Cost Controller resume examples

• Identified and investigated variances to financial plans and forecasts by interpreting financial results.
• Analyzed budgets, financial reports and projections for accurate reporting of financial standing.
• Assumed ownership of accounting, forecasting and strategic supply planning.
• Improved supply chain processes by implementing cross-functional efforts in customer service and repair operations.
• Managed high volumes of financial activity in a fast-paced, risk-based corporate environment.

• Closely monitored the performance of current portfolio of specialty IT projects and made changes to achieve performance targets.
• Drafted meeting agendas, supplied advance materials and executed follow-up for meetings and team conferences.
• Monitor and report performance of Projects in areas of cost control, forecast accuracy and performance measurement.
• Induct new project managers with project cost controls requirements, budgeting and forecast processes

• Responsible for project controls function for portfolio of Sustaining Capital Projects Lihir Operations PNG, capital spend $138m USD.

• Managed efficient working of all operating procedures required for effective project controls across the portfolio.
• Supervised invoice processing, purchase orders, expense reports, credit memos and payment transactions.
• Coded and entered at least [Number] invoices each day into the in-house accounting software.
• Balanced monthly general ledger accounts to accurately record cost and month end accruals.
• Successfully implemented new technologies and process automations to encourage continuous improvement.
• Facilitated successful internal and external audits through sound and thorough documentation.
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• Supported and coordinated project management through analytical, problem solving and decision making skills.
• Produce and coordinate project cost reports.
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• Generated purchase requests and vendor paperwork in
• Implemented systems to improve process efficiency.
• Trained and promoted continued education for all team members.

1 - Cost Controller / Cost Accounting Manager (01/17 - 07/18):

Responsible for Costing Systems and Cost Allocation, Project Budgeting, Inventory Control, AFE, Drilling and Production Planning, Internal Controls over Purchasing and Drilling/Production Operations, Cost Accounting Policies and Management Reporting.

• Reviewed capital project financial justifications over $300M annually & setup AFEs, ran budgets, managed job costing systems, performed variance and profitability analysis
• Sat in Supply Chain Council for effective purchasing risk control and aided technical team in cost risk identification and mitigation, monitored project risk and enhanced containment plans
• Managed equipment and inventory audit and project internal controls and ensured adherence to cost control and performance methodologies, policies and practices

2 - Accounting Manager / Senior Accountant (04/12 - 12/16):

Responsible for Accounting Close and Reporting, Joint-Interest Billing and Revenue Recognition, Review of Royalties and Taxes, and Internal Controls over Financial Reporting and Fixed Assets

• Modelled Fixed Assets Reporting, Revenue, Royalties, Tax reporting templates (excel, VBA) for IFRS and OHADA Compliance.
• Complete eradication of accounting close lateness, and successful delivery of complete and accurate financials for 4 years
• Enhanced cost allocation for operated/non-operated properties, and improved accretion and decommissioning reporting
• Instilled control/SOX compliance consciousness in team for accurate financial reporting and asset accounting

Configured ERPs, built of Analytic and Financial Models and offered Training. Clients; Telecom, Manufacturing, Financial Services

• Designed investment, financial projection, business valuation models, analytic and reporting tools in Excel/VBA, R, SQL
• Implemented accounting and ERP packages; QuickBooks, Peachtree, BS1-Enterprise, AdminSoft, and trained users on its use
• Trained client staff on data analytic on excel pivot tables, lookups, index, match, power pivots, conditional statements, Macro, VBA

Full Cycle Accounts Payable, Expense Control and Payment Processing and Archiving

• Instituted cost savings strategies; trimmed invoice approvals and automated payables, travel and entertainment processes.
• Enhanced payables analysis and financial reporting; achieved curtailed man-hours, reduced cost, and accurate and timely accruals.
• Remodeled monthly and quarterly invoice payment forecast; aided in working capital management.
• Minimized late invoice payment to 6% in 1st year, 3% in subsequent years processing 9,000 transaction monthly.

Monthly and Year-End Accounting Close, Technical Accounting Guidance, Drafting Accounting Memo and Updating Policies

• Led local and regional hub IFRS Reporting teams, consolidated hub financial statements and advised right treatment of transactions, met deadlines and lessened complexity around financials to acceptable levels.
• Coordinated accruals and period-end adjustment processes and streamlined to group requirements; resulted in proper
  cost capturing and IFRS reporting.
• Rejuvenated IFRS accounting procedure manual and gave support to complex accounting issues, consistently met deadlines.
• Coordinated financial forecast/projections preparations; designed excel macro enabled, VBA working templates and established financial analytic framework for decision making

A/AR Cycle Management, CAPEX/OPEX Review, AFE Management, and Inventory Flow, Cash Forecasting, Payment Processing and Reconciliations, Business Process Improvements

• Enhanced & improved overall accounting and working capital management including statutory financials, corporate taxes, invoice processing and local treasury.
• Diminished month end financial close by 2 days, moderated accounting error margin to 2% and saved between $30,000
  - $50,000 yearly in hiring external consultants for tax return preparation and accounting advisory.
• Aided CFO in reducing late invoice payment and disputed invoice claims to 5%, produced sound cash forecast, facilitated building happy and engaged teams.
• Instituted technical accounting guides; accounting under successful efforts, enhanced DD&A models, DR&A provisions 

Financial statements preparation and audits including planning, execution and reporting. Tax Returns & Payroll, Internal control assessments and testing. ISA, GAAS, IFRS, US GAAP. Direct engagement clients;- Manufacturing, Pharmaceuticals, Transportation, Retail, Insurance, Services

• Enhanced design and effectiveness of internal controls; performed walk-through of complex business processes, analyzed results.
• Demonstrated competence in control verification and compliance to established policies.
• Planned and executed operational audits of various business areas; implemented risk-based audit methodologies.
• Provided financial statements audits and consulting across various industries; financial services, insurance, retail, manufacturing
• Revamped clients' accounting plans and reporting processes and offered support to key clients' staff.