Mária Ecsedi

- Support Hardware Business by calculating and publishing product unit base manufacturing cost (BMC) used in the pricing tools

- Calculate and present Average Unit Cost for existing and future Storage products considering supplier cost projections, historical configuration data, expected rates

- Evaluate key performance indicators and make variance analysis regularly, making data-driven adjustments to improve Gross Profit

- Collaborate with cross-functional teams to gather necessary information for accurate cost estimations

- Ensure data integrity between the different systems

Highlights:
- Selected for the WW pilot CGMA Leadership Program (Chartered Global Management Accountant)
- Led automation initiatives that decreased manual team effort by 20%

• Managed Product Costing and Accounting Process/Ledger

- Ensured timely and accurate recording and reporting consistent with US GAAP, IBM Accounting practices and Procedures and Hungarian Statutory Rules

- Highlighted risks to management to be able to meet financial commitments

- Ensured transparency, effective communication towards up-line and cross functions
- Acted as a Trusted Business Advisor for company management in complex decisions

- Created financial dashboards to provide insights into key performance indicators, identify opportunities for cost reduction

- Educated operational managers on cost drivers within their departments, promoting a culture of cost awareness throughout the organization
- Implemented and regularly reviewed financial controls with focus on control points, documentation, reviews and audits
- Received the "Project of the Year 2015" award for managing a Worldwide Key Project (Legal entity change)

• People Management responsibilities (10 employees):

- Maintained workload balancing
- Evaluated quarterly, yearly performance, provide continuous feedback

- Mentored new and junior staff members fostering professional growth within the department

• Coordinated and controlled the daily work of the Cost Accounting Team, including
  - Part number costing, sales order costing, material master maintenance, price uploads and cost request handling
  - Month-end closing activities
  - Monthly account reconciliation
  - Forecast and Fall Plan activities
  - Physical Inventory Taking related booking
• Operative responsibilities
  - Calculated and analyzed the Product Cost of High End Storage products including the Cost Variance Rate calculation
  - Finance Focal point of the Physical Inventory Taking (Verification of the Separation and Clarification items)
  - Proactively supported and Finance Focal point of the PWC, Tax Authority and Internal audits
  - Prepared Business Controls measurements (SOX, Management Self Assessment of Controls) and develop critical areas
  - Process maintenance/update and documentation preparation / follow up archiving process
• Talent management, providing feedback, workload balancing
• Education highlights:
  - Trusted Business Advisor I-II. courses
  - Leadership trainings and exam

• Committed to continual improvement, gained experience of all positions, tasks like:

- Maintain material master from Cost Accounting point of view - Part number costing
- Cost and Price calculations of special projects, shipments
- Inventory Accounting

- Conducted in-depth material variance analysis to identify root causes of discrepancies between actual results versus projections, informing corrective actions as necessary

- Collaborated with cross-functional teams to identify areas for operational improvements, resulting in significant cost reductions

- Audit support (PWC, Tax Authority, WW Audit, Import-Export)
- Reporting to Business Controls and General Management

- Facilitated smooth month-end close processes by efficiently reconciling Resource, Freights expenses and Warranty accounts and addressing discrepancies promptly

- Enhanced forecasting and budgeting accuracy through strong cross-functional collaboration

• Professional Development Studies: Chartered Global Management Accountant (CGMA) - Management Level Diploma, 2022