As an experienced Accountant with an extensive background in financial analysis and management needs specific to the manufacturing industry, my scope of expertise encompasses budget forecasting, internal controls, P&L improvements, regulatory compliance, forecasting, and costing.My track record of achieving positive financial results stems directly from my ability to streamline internal accounting operations. I view my role in a company as an opportunity to advance corporate objectives by helping leadership optimize the use of funds. By navigating complex systems and requirements, I consistently unearth new opportunities for cost savings. Here are just a few highlights from my career: ~ Conducted in-depth account examinations resulting in the identification and resolution of $300K of invalid inventory discrepancies. ~ Reduced SAP/BO/HANA processing times 20-30% by effectively streamlining work instructions for month end closing, costing, inventory, scrap, and other transactions. ~ Secured reimbursements for $110K in vendor overpayments by examining high volume of invoices.Could your team benefit from an accomplished professional with aptitudes in cost accounting and financial management? If so, please feel free to connect with me today. I’m always eager to make new professional acquaintances and learn about new opportunities.
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Senior Financial AnalystDahl Consulting Mar 2017 - Apr 2019Scottsdale, Az; Randolph, NjI consulted with Abbot (formerly St. Jude Medical) to provide comprehensive financial and business analyses. I worked closely with the Controller to prepare annual site budgets reflecting projections upwards of $100M. I improved P&L performance by identifying cost-savings and revenue growth opportunities in balance sheets. In addition to analyzing all aspects of spending and generating monthly financial reports, I mentored employees in SAP processes and protocols, including management, procurement, inventory, finance, and documentation.Some of my achievements include:~ Identified and resolved $300K of invalid inventory discrepancies through in-depth account examinations. ~ Reduced work order variance and scrap reporting times 25% by introducing changes to Excel template calculations and formatting. ~ Cut SAP/BO/HANA processing times 20-30% by streamlining work instructions for month end, costing, inventory, scrap, and other transactions.~ Cleaned up $300M of inventory by reconciling IDOC errors between PROMIS and SAP ERP systems.~ Received numerous extensions to consulting contract due to significant value provided and in-depth industry expertise. -
Sap Business AnalystDahl Consulting Sep 2016 - Feb 2017Scottsdale, Az; Randolph, NjAfter being recruited by Abbot (formerly St. Jude Medical Inc.), I served as a consultant providing financial and business guidance. I applied SAP expertise encompassing cost controls, financial management, scrap reporting, month end close, material master, cost estimate, and production orders. I evaluated and revamped standard operating procedures in close collaboration with business leaders. Additionally, I monitored and cleared out finance-related SAP master data. My contributions include: ~ Revamped outdated system to utilize SAP for daily needs, reports, and month end processes. ~ Rapidly implemented user-end system over four months while serving as SAP SME FICO. -
Senior Accounting ManagerSt. Jude Medical Inc. (Currently Abbot) Oct 2006 - Jul 2016Hackettstown & Randolph, NjI steered all aspects of financial and cost planning for multiple sites, including operational expenses, production costs, workforce, and capital expenditures. While forecasting quarterly budgets and supporting financial aspects of annual operations planning, I identified opportunities for materials cost reduction. In addition to generating prompt and accurate month end closings, I trained junior accountants, delegated tasks, and managed performance. Some of my achievements are:~ Resolved $900K reporting discrepancy by eliminating double-reporting error on financial statements. ~ Secured vendor reimbursements of $110K by identifying overpayments. ~ Led division’s charge on implementing and obtaining ISO 14001 Certification. ~ Received Star Award in recognition of taking on additional responsibilities for Portland, OR location. ~ Served as Cost Accounting Lead for multiple re-structures and re-organizations.~ Reduced department costs by leading financial representatives in implementing SAP.
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Senior AccountantSt. Jude Medical Inc. (Currently Abbot) Jan 2002 - Oct 2006United StatesI safeguarded financial assets by developing annual standard costs and conducting annual cost roll transactions. In addition to analyzing balance sheet accounts to identify P&L improvement opportunities, I reviewed and evaluated cost center spending for accuracy and coding. I generated month-end financial reports, reconciled inventory accounts, and performed key metrics and manufacturing variance analysis.Some of my contributions are: ~ Took sole responsibility for setting up standard costs for manufactured products; broke down cost elements for material, labor, and overhead. ~ Streamlined ManFact process to enhance financial performance, variance analysis, scrap reporting, and inventory reporting. ~ Led financial representative in successfully implementing ERP system (ManFact).
Terri Driver Education Details
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Accounting
Frequently Asked Questions about Terri Driver
What is Terri Driver's role at the current company?
Terri Driver's current role is Accomplished Cost Accountant & Financial Analyst. Driving success in the manufacturing industry.
What schools did Terri Driver attend?
Terri Driver attended William Paterson University Of New Jersey.
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