Covidien acquired ev3

Managed the entire standard cost system, inventory reconciliations, E&O analysis, variance analysis and month end close.• Performed gross margin analysis, actual vs. annual budget/latest forecast (ASP, cost, product mix).• Developed forecasting models for manufacturing: labor, OH, manufacturing variances, variance amortization, capital spending and period costs. • Completed full GM forecast yearly/quarterly by working with Operations and Finance teams.• Worked closely with Operations Management team to analyze manufacturing practices, cost reduction initiatives and assisted in providing financial/operational solutions.• Integrated new product lines into the cost system as a result of acquisitions and new product development.

Dedicated 100% to implementing new ERP system. Discovery of current business processes, determining how these processes would be handled within the new ERP system. General ledger mapping, data validation and defined reporting requirements. • Maintained cost accounting system, and oversaw various general accounting functions including A/P, A/R, Payroll and month-end close.• Successfully transferred all accounting functions from the St Louis office to Irvine. • Updated/tracked project costs.

Using ERP system, evaluated existing processes to implement changes that improve productivity, accuracy and enforce policies. Processes evaluated included labor posting, inventory transactions, BOM review and data integrity for accurate processing and general ledger assignment.• Team member for integrating new acquisitions into ERP system and for implementation of bar coding system for direct labor entry, data validation.• Prepared journal entries and inventory reconciliations. Key team member for annual physical inventory. • Developed Gross Margin by product reports, monthly analysis and review with operations (ASP, standard cost, manufacturing variances). Provided reports and analyses to management for operational and strategic decision-making and planning.

Managed the entire standard cost system. Performed monthly review/analysis of work orders, variances, COS, and departmental expenses vs. budget, month end close, inventory reconciliations and E&O analysis.

Ensured cost team performed all cost accounting functions correctly and on time. Month-end close, account reconciliations, analysis of variances and inventories. Assisted in completing the monthly and quarterly corporate report packages for consolidation. Responsible for yearly standards setting process, research accuracy of bills of materials, routings, and raw material costs. • Generated and reviewed cost estimates for custom sales group and R&D for new products.• Key member of Sarbanes Oxley compliance team, review business processes and write procedures.• Developed Access databases used to review standard cost changes, inventory revaluation, estimate labor utilization for overhead calculations, track outside processing costs.• Supported implementation of Baan ERP system. Set up G/L integration, scenario testing, validation of data, transactions, processes and reports.