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

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

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

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

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 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

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

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.

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.

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