MS Office
Chad Thomson
Sr. Cost Analyst/Accountant
Port Elizabeth
Summary
Perceptive Cost Analyst offering more than 15 years of experience in developing and managing project estimates by coordinating with colleagues and clients. Successful in devising bid proposals in line with client specifications and objectives through clear communication and attention to detail. Driven to minimize costs by continually comparing project costs to estimates and coordinating with leaders on cost-cutting methods.
Organized and dependable candidate successful at managing multiple priorities with a positive attitude.
Detail-oriented team player with strong organizational skills. Ability to handle projects with a high degree of accuracy.
Overview
15
15
years of professional experience
2
2
Languages
Work History
Senior Cost Analyst
Lear Corporation
10.2016 - 01.2023
- Monitored industry trends to stay informed on best practices in cost management strategies.
- Coordinated with department heads in developing budgets that align with their respective objectives while meeting company-wide financial targets.
- Mentored junior analysts, fostering professional development and enhancing overall team performance.
- Conducted in-depth audits of project expenses, identifying areas for potential savings or reallocation of funds.
- Delivered timely presentation of findings to key stakeholders using visual aids, ensuring clear communication of results.
- Analyzed competitor pricing strategies to maintain a competitive edge while maximizing revenue generation.
- Increased profitability by identifying inefficiencies in the supply chain and recommending improvements.
- Supported business growth initiatives by providing accurate cost projections and risk assessments.
- Evaluated investment opportunities by analyzing projected returns, risks, and overall impact on company finances.
- Streamlined budgeting processes, resulting in more efficient decision-making and resource management.
Cost Controller
Continental Tyres South Africa
02.2013 - 09.2016
- Conducted regular budget reviews, ensuring optimal allocation of resources throughout project lifecycle.
- Prepared monthly financial reports, highlighting key variances between actuals versus budgets or forecasts to assist in corrective actions where necessary.
- Ensured compliance with company policies and regulatory requirements through diligent monitoring of expenses and budgets.
- Mentored junior team members on best practices in cost control procedures and techniques.
- Enhanced communication between finance and operational teams, fostering a collaborative approach to cost control efforts.
- Monitored inventory levels, implementing controls to minimize stock discrepancies while maintaining adequate supplies for business operations.
- Assisted in the development of annual budgets based on historical spend analysis, projected needs, and strategic goals.
- Supported project teams by providing valuable financial insights and recommendations for improved performance.
- Managed financial data with precision to ensure accurate reporting and informed decisionmaking.
- Collaborated with various departments to identify opportunities for cost reduction and process improvement.
- Optimized budget allocation for increased efficiency and reduced waste in multiple projects.
- Analyzed cost trends, leading to timely identification of potential issues and proactive solutions.
- Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
Financial Controller
SJM FLEX South Africa
01.2008 - 01.2013
- Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
- Assisted in the preparation of annual tax filings, ensuring full compliance with local, state, and federal regulations while minimizing tax liabilities where possible.
- Collaborated closely with department heads to establish accurate budgets and monitor performance against targets.
- Ensured compliance with regulatory requirements by conducting thorough internal audits and implementing necessary corrective actions.
- Enhanced cash flow management with timely accounts receivable monitoring and collections efforts.
- Conducted regular variance analyses between actual results and budget projections to identify trends or issues requiring further investigation or action by management staff.
- Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls.
- Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
- Prepared accurate financial reports and monthly statements for accounts receivable.
Education
Bachelor of Science - Cost And Management Accounting - BTech Degree
Nelson Mandela University
Port Elizabeth, South Africa 04.2001 -
Bachelor of Science - Management - Diploma
Nelson Mandela Metropolitan University
Port Elizabeth, South Africa 04.2001 -
Skills
Internal Controls
Value Engineering
Stakeholder Communication
Pricing strategy
Cost Estimation
Profitability analysis
Variance Analysis
Cost accounting
Data Analytics
Forecasting Techniques
Decision Support
Team Collaboration
Organizational Skills
Excellent Communication
Relationship Building
Software
SAP
SYSPRO
Interests
OUTDOORS AND SPORT
COACHING KIDS FOOTBALL
ONLINE BUSINESS AND FINANCE
Timeline
Senior Cost Analyst
Lear Corporation
10.2016 - 01.2023
Cost Controller
Continental Tyres South Africa
02.2013 - 09.2016
Financial Controller
SJM FLEX South Africa
01.2008 - 01.2013
Bachelor of Science - Cost And Management Accounting - BTech Degree
Nelson Mandela University
04.2001 -
Bachelor of Science - Management - Diploma
Nelson Mandela Metropolitan University
04.2001 -