Shu Shan Chen Email & Phone Number

Whippany, New Jersey, United States

• • Key member of the Finance team for $150M manufacturing entity in Aerospace and Defense Sector.• Review and execute cost reduction initiatives, capital expenditures and financial budget. • Develop and maintain financial models to analyze overhead and fixed manufacturing expenses to reduce cost and drive EBITDA growth.• Heavily involved in developing annual P&L, Balance Sheet, Working Capital, Capital Expenditure, Departmental spend and Headcount plans.• Implemented procedures for cost controlling, overhead and SG&A expenses to drive expense reduction. • Support executive team and site leadership to identify, drive, and track process improvements throughout the site.• Partner with Operations leadership to report and manage labor utilizations including overtime and efficiency, while highlighting areas for improvement.• Manage, track, and analyze NRE revenue, ensuring proper Revenue Recognition and milestones.• Designed and implemented workflow to transition back-office functions to low cost offshore team to reduce overhead cost.• Manage offshore Accounts Receivable and Accounts Payable team of three.• Manage and oversee monthly, quarterly, and annual close process, associated reporting, and ERP system rolls.• Manage fixed asset ledger and capital appropriation process site wide, including ROI (Return on Investment), and budget to actual spending. • Manage and drive working capital improvement. • Train and develop new team members of various levels.

Whippany, Nj

• Analyzing and implementing procedures for cost controlling, overhead and SG&A expenses. • Review, and execute cost reduction initiatives, capital expenditures and financial budget worth $100 million annually. • Analyzing financial data and developing financial models and cost projections using Syteline and Advanced Excel. • Provide monthly/quarterly performance report on manufacturing costs, such as: labor, raw material and overhead.• Perform audit cycle count, reconcile G/L (General Ledger) and monthly cost system closings.• Analyze and record intercompany transactions between corporate, TransDigm Group, and Whippany plants.• Support the executives and cross function teams by developing financial models through benchmarking and process analysis. • Record and process payroll for 100 plus employees.• Provide guidance and manage AP personnel as well as process payment via check and wiring.• Gathers and compiles information for monthly closing and review financial statement. • Review and approve purchase order requisition and returns to vendors. • Interact with internal and external auditors to follow U.S. GAAP and improve procedures to reduce fraud. • Record fixed asset and calculate monthly depreciation.

Lake City, Sc

• • Analyzing, reviewing, and implementing procedures for cost controlling and capital expenditures for $1.2 billion polyester fiber business. • Analyze cost behavior, conduct cost-profit and volume-price & production mix/yield variance analyses using AS400 and Advanced Excel.• Conducting cost analyses, benchmarking, and risk assessments.• Develop, install and implement production-reporting procedures using advanced excel and AS400 modules.• Develop metrics and financial models to generate performance indicators for efficiency measurement leading to net saving of $750,000 annually.• Plan and analyze data to determine the manufacturing costs, such as: labor, raw material, overhead, and inventory for petro-chemical manufacturing plant.• Identify the indirect and direct cost to provide product cost information by applying the cost allocation plan principles Review PSI (Production, Sales, & Inventory) report and the actual expenditure versus company’s budget to resolve receiving, material usage and PPV (Purchase Price Variance) issues.• Compute tax adjustment, property tax, R&D Tax Credit, and tax depreciation. • Analyze foreign exchange and intercompany transactions between manufacturing plants at Nan Ya’s global account level.

Tampa/St. Petersburg, Florida Area

• Performed sensitivities analysis using pivot table on cost and profit margin and prepared operating budgets. Prepared reports comparing budgeted costs with actual costs.• Analyzed cost behavior, conducted cost-profit and volume-price & production mix/yield variance analyses using Quickbook, advanced MS Excel techniques and MS Access.• Prepared, examined, and analyzed accounting records, financial statements, expenses report, comparative statement of unit cost report, and Gross/Net profit reports to validate accuracy and conformance to GAAP and FASB standard• Performed bank account maintenance and reconciliation and prepared the payroll and expense reimbursement report.• Filed franchise tax and assisted CPAs for preparing the income tax.