Thein (Andy) Aung Email & Phone Number

Lynn, Massachusetts, Us

New York, Ny, Us

• Inventory valuation and product costing processes for Facilities • Act as a subject matter expert on costing and inventory modules within ERP, explore and offer solutions and best practices• Work with Facility leaders to understand the physical inventory processes, and ensure proper procedures are being followed • Maintain relationships with business partners and finance peers to address information reporting needs. • Develop and publish reporting deliverables for internal and external reporting requirements • Partner with FP&A team on cost modeling, profitability analysis, forecasting and budgeting initiatives • Develop and document controls, processes and procedures related to manufacturing accounting and inventory to ensure SOX compliance • Establish and lead Cost Accounting to support growing operations • Partner with business partners to drive accuracy in process and reporting. • Research and Define variances in weekly and monthly reporting.• Step in as an interim Director of Facility Cost Accounting during the restructuring period.

Burbank, Ca, Us

• Accounting and analysis for inventory, including gross margin, COGS, obsolescence, shrink, and mark out of stock• Presenting results of analyses to management, including obsolescence reserve, product integrity, and freight and duty• Monitoring system interfaces with the front of house systems and general ledger• Forecasting and accounting for product integrity and tooling costs• Driving efficiencies through continuous review and improvement of existing processes• Serving as a resource to FAAs for accounting questions• Supporting Manager on special projects and initiatives, which require partnership with cross functional teams including Finance, Corporate (e.g. Legal, Tax), IT, Planning, and Inventory Control, to ensure that transactions are recorded in accordance with US GAAP• Actively participating in Controllership and Company initiatives

Burbank, Ca, Us

• Accounting and analysis for inventory, including gross margin, COGS, obsolescence, shrink, and mark out of stock• Presenting results of analyses to management, including obsolescence reserve, product integrity, and freight and duty• Monitoring system interfaces with the front of house systems and general ledger• Forecasting and accounting for product integrity and tooling costs• Driving efficiencies through continuous review and improvement of existing processes• Serving as a resource to FAAs for accounting questions• Supporting Manager on special projects and initiatives, which require partnership with cross functional teams including Finance, Corporate (e.g. Legal, Tax), IT, Planning, and Inventory Control, to ensure that transactions are recorded in accordance with US GAAP• Actively participating in Controllership and Company initiatives

Chicago, Illinois, Us

• Collaborate with business owners to understand the underlying business processes to ensure that appropriate actions are in place and that the business activity is recorded in accordance with GAAP • Prepare, analyze, and review financial performance with customer departments • Support and facilitate annual financial planning process • Actively support system upgrade GO-Live Project• Monthly perform JE (Journal Entries) against Balance Sheet and PNL in SAP • Perform monthly Month End processes according to the timelines• Publish Weekly reports to different departments with analysis to make better business decisions• Ensure timely and accurate submission of monthly Forecasts for all the partnered departments• Offer input and suggestions to various departments by investigating and critiquing variances to budget.

Reviewed overall agreements for appropriate charge-offs to productions. Collaborated with Production Accounting and Business Affairs on open items as needed.

San Fernando, Ca, Us

• Participates in the preparation, consolidation, implementation, maintenance and control of the corporation’s annual operating budget • Performs a variety of functions related to budgets and financial reporting as required. • Manages the preparation, development, consolidation, review and analysis of the corporation’s annual operating budget planning process.

Vevey, Ch

• Twice a week performed dual system reconciliations between SAP data vs. FMS (Finance Management System); checking for discrepancies and posting all necessary adjustments to ensure accuracy of the Cost Calculations and weekly Purchase Price Variance (PPV) analysis.• Weekly maintained Costing Master Data (Cost Center, Material Master Data and Recipes) • Monthly performed JE (Journal Entries) against Balance Sheet and PNL in SAP • Performed PPV (Purchase Price Variance) analysis against current year budgeted amounts• Presented quarterly Dynamic Forecast (DF) data• Developed and analyzed yearly Budgeting data using MS-Excel Financial Modeling• Performed all necessary costing-related and pre-Period End Closing health checks and reconciliations to ensure quality of data provided within agreed timelines on a Monthly basis• Executed Monthly Period End Closing activities according to the timelines• Performed Dynamic Forecast of the Goods Produced at Contract Manufacturing Facilities on quarterly basis• Created and analyzed Monthly/Quarterly Reports such as price variance reports, usage reports• Maintained Monthly/Quarterly Reports such as Production reconciliations and semi-finished goods reconciliation.• Trained new employees for their on-boarding, daily/weekly/monthly tasks for the position

Vevey, Ch

● Successfully accomplished Monthly Period End Close (PEC) process for Nestle USA and Nestle Professional Division for smooth month end closing● Prepared and reviewed Sales and RIG/OG report to ensure first time reporting is correct● Published Financial reports such as RIG/OG reports, TDC (Total Delivery Cost) reports, Profit and Loss Reports, New Item Tracking reports● Ensuring first time data accuracy quality of Management Accounting processes & reporting with regard to speed, resources used, quality of the output and data repository● Responsible for posting Recurring and Ad Hoc Journal Entries for Divisions● Responsible for General Ledger Account Closing on various days of the PEC period● Responsible for Balance Sheet Reconciliation after PEC● Lead in updating and improving Sales Report for leaner and faster processing during the PEC.● Utilized Business Objects (BO) and Essabase to extract information for the analysis of new material sales and profit.

Vevey, Ch

Successfully managed a division as an interim Analyst for month end and process improvementsActively participated in OMP formulation for Inventory Control/SBT divisionMade sure 3P inventory processes are aligned with Nestlé’sActed as primary contact for 3rd party contract manufacturing facilitiesIdentified/Resolved over 100 recurring invoicing issue, due to operational error, resulting in reduction of over $200 K accounts payable errorsIdentified/Implemented process improvements with Ryder and Vitality 3rd Party Warehouses.Facilitated cross functional meetings to resolve/escalate open issues as neededReconciled inventory in coordination with the Finance team on a monthly basis to ensure accurate inventory status in SAP.Utilized Business Objects (BO) to extract one time or weekly report for analyzing the data.Resolved disputed invoices for production related to quantity variancesInvolved in a number of mini-projects such as formalizing invoicing procedure and cost analysis for vitalityInvolved in DSD Go Live Testing

Acted as primary contact for 3rd party contract manufacturing facilities Provided Accurate and timely information to different divisions Identified/Resolved re-occurring issues, which may include system and/or operational issues, non compliance to Nestlé reporting requirements, invoicing, etc. Identified/Implemented process improvements Facilitated cross functional meetings to resolve/escalate open issues as needed Reconciled inventory in coordination with the Finance team on monthly basis to ensure accurate inventory status in SAP. Resolved disputed invoices for production related to quantity variances

Master Of Business Administration (M.B.A.), Finance And It

Master Of International Public Policy And Management, Public Policy Analysis

Bachelor Of Business Administration (Bba), Business Administration And Management, General

High School, High School/Secondary Diplomas And Certificates

High School, High School/Secondary Diplomas And Certificates

High School, High School/Secondary Diplomas And Certificates