Mychelle H Nguyen
Tampa, FL ***** 858-***-****
ad7jyv@r.postjobfree.com https://www.linkedin.com/in/mychelle-nguyen Systems used: SAP- 6 years, IMB TM1 (Cognos)-3 years, Propricer- 3 years, Epicor- 2 years, Excel& PowerPoint- 12 years Education
− Master of Science in Information Systems (MSIS), Supply Chain Management, San Diego State University, 2017
− Bachelor of Science (BS), Finance, San Diego State University, 2013 Professional Experience
CIRCOR AEROSPACE & DEFENSE, Tampa, FL
Cost Accounting Manager Mar 2022 – Dec 2023
• Led the 4-day month end close, prepared journal entries, and reconciled subsidiary ledgers.
• Calculated & recognized revenue and profit based on the percentage of completion, ensuring it reflects the actual progress of the project.
• Reviewed contracts and coordinated with project managers to issue progress billings.
• Tracked and recorded all costs associated with production, including direct materials, direct labor, and overhead.
• Monitored the progress of long-term projects to apply the percentage of completion method accurately.
• Analyzed variances between actual and forecasted costs to identify discrepancies and for cost improvement opportunities.
• Prepared financial statements reflect accurate cost information and revenue recognition and internal reports for management to make informed decisions based on cost and revenue data.
• Enhanced the revenue recognition process to decrease monthly reporting time by 50%, so revenue reporting can be done on a weekly basis vs monthly basis.
• Performed weekly standard cost update for new inventory and annual cost roll up for all inventory.
• Ensured revenue recognition practices comply with accounting standards such as IFRS 15 and ASC 606.
• Supported internal and external audits by providing necessary documentation and explanations related to cost accounting and revenue recognition.
• Led annual physical inventory counts for Tampa site, then performed and reported any inventory variance analysis.
• Provided cost data for government proposals in compliance with FAR, DCAA/DCMA government contracting and cost principles.
• Created, tested, and implemented IT objectives to refine current Epicor cost accounting system. NORTHROP GRUMMAN, San Diego, CA
Senior Program Cost Analyst July 2019-Mar 2022
• Provided EVM analysis, EAC forecasts, and financial metrics for about 20 contracts with approximate value of $45M.
• Ensured Estimates-to-Complete aligns to initial proposals by developing, analyzing, and monitoring cost KPIs to actuals.
• Monitored programs’ performance and milestones against internal financial metrics (Sales, EBIT, Cash, AR), and presented these metrics on monthly and quarterly financial month end to leadership.
• Prepared high fidelity government TINA proposals, RFPs, cost plus, firm fixed, time & materials proposals using ProPricer.
• Increased budget forecast accuracy through constantly monitoring and analyzing data from Engineering, Operation, and Program Management teams.
• Ensured adequate funding availability by maintaining accurate records of expenditures, directing expenditure projections and ensure timely submission of incremental funding requests.
• Performed schedule risk assessments to identify and mitigate program cost and scheduling risks. Promptly communicate risks and opportunities as identified to finance management and business partners. RAYTHEON TECHNOLOGIES, Chula Vista, CA
Senior Associate, Financial Compliance & Audits Support June 2018 - May 2019
• Achieved 100% compliance according to Sarbanes-Oxley (SOX) Auditing Standards by monitoring accounting and financial reporting. Streamlined internal and external audits through advance planning of audit support.
• Assessed financial reporting effectiveness by conducting bi-annual testing of the internal financial control framework.
• Restored effectiveness of organization’s control environment through partnership with functional teams to solve compliance issues and develop risk mitigating strategies.
• Calculated risk score for sixteen business units world-wide by partnering, providing guidance, and reviewing final assessments provided by each site controller.
• Created and implemented change control management for key financial reports. Finance Rotational Associate June 2017 - June 2018
• Rotated through three areas withing the Finance Organization: Operation, Program, and Finance System
• Developed a CAPEX proposal that came under budget by 25% and cut energy cost by 30%.
• Led a Continuous Improvement Kaizen event that cut manufacturing operation expense by 11%.
• Prepared and presented month end and cost accounting analysis to Program Managers and leaderships.
• Improved forecast accuracy for overhead, labor, and headcount by partnering with Operation team leaders. Program Manager, Commercial Aftermarket Sales & Service Oct 2013 – June 2017
• Managed and forecasted inventory demands for multiple product lines with net inventory of $17M.
• Developed an Excel forecast model leveraging consumption demand and aircraft maintenance cycles to increase forecast accuracy by 15%, decreased net inventory by $3M.
• Implemented Just in Time inventory strategy to optimize inventory capacity planning and resolve any inventory shortcomings.
• Prepared monthly reviews with leaderships to report the programs’ KPIs against actual performance monthly programs.
• Developed phase-in / phase-out strategies for configuration changes by partnering with Engineering, Operation, and Procurement.