GRACE ZHAO
St. Thomas
Summary
Positive, analytical thinker with knack for precision and accuracy. Proficient in cost analysis methods and financial data management, leveraging advanced Excel and accounting software skills. Dedicated to optimizing financial performance and contributing to effective cost control strategies.
Cost accounting professional with strong track record in financial analysis, budgeting, and cost control. Expertise in variance analysis, cost allocation, and financial reporting. Known for strong team collaboration, reliability, and adaptability to changing needs. Skilled in using financial software and ERP systems to drive efficiency and accuracy.
Overview
33
33
years of professional experience
Work History
Cost Accountant
Masco Canada Limited
01.2023 - Current
- Create and maintain accurate standard costs for all products. Analyze cost variances and produce reports to management
- Monitor and analyze inventory cycle counting process including variances
- Prepare month-end financial closure report
- Perform bank reconciliation, inter-company cross-charges, capital expenditures and supporting roles for various manufacturing departments
- Conduct in-depth variance analysis to identify root causes of discrepancies between actual results versus projections, informing corrective actions as necessary.
- Strengthen internal controls by reviewing existing processes and recommending enhancements to safeguard company assets.
Senior Accounts Receivable
Masco Canada Limited
01.2020 - 01.2023
- Managed customer rebates and sales agencies commission program
- Interacted with internal and external customers to resolve outstanding payment issues and incorrect credit issues as they arise
- Collaborated with cross-functional teams to resolve billing discrepancies and prevent revenue leakage.
- Collaborated closely with the sales team, ensuring alignment between invoicing practices and contractual agreements with clients.
- Assist supervising and mentoring finance team to problem solve
Junior Accountant
Masco Canada Limited
10.2018 - 12.2020
- Processed employee expenses after careful review
- Managed customer credits, returns claims
- Performed reconciliations of large supplier statements and posting payment details in accounting system
- Assisted with other accounting tasks such as month end journal entries
- Assisted with preparation of monthly financial statements.
- Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
Finance Clerk- Accounts Receivable/ Accounts Payable
Buckland Custom Brokers Ltd.
01.2014 - 10.2018
- Processed financial transactions accurately, improving efficiency in daily operations.
- Managed routine accounting tasks to ensure smooth financial workflows.
- Manage full accounts payable cycle from receipt of invoices to payment data entry
- Assisted with maintaining and reconciling ledgers and credit balances, and resolving account irregularities
- Other administrative duties as assigned
Customs Analyst
Buckland Custom Brokers Ltd.
01.2010 - 12.2014
- Designated a Certified Customs Specialist by CBSA in 2014
- Resolved shipment discrepancies efficiently, minimizing financial risks associated with noncompliance.
- Reduced clearance delays with thorough document review and accurate tariff classifications.
- Successfully managed a high volume of complex client caseload of Canadian, U.S and Mexican customs clients involving multi-million dollar accounts
- Effective and efficient handling of queries from clients and government agencies, delivered excellent service
Manager/Stock Broker
Shenyin & Wanguo Securities Co. Ltd
01.1992 - 12.2009
- Managed and motivated employees to be productive and engaged in work.
- Accomplished multiple tasks within established timeframes.
Education
Introduction To Accounting - Accounting
Fanshawe College
London, ON01.2015
Finance and Business Administration -
Haikou College of Economics And Vocational Technology
Haikou, China01.1998
Hydrology - Overland Water
Hohai University
Nanjing, China01.1992
Skills
- Microsoft Excel proficiency
- Payroll processing
- Accounts receivable management
- Cash flow management
- Cost analysis
- Internal controls
- Intercompany transactions
Profile of qualifications
Financial Sector, Canada, China, Cost Accountant, Junior Accountant, Senior Accounts Receivable, Accounts Payable Analyst, Customs Analyst, Securities/Stock Market Manager in China
Languages
English
Professional Working
Chinese (Mandarin)
Native or Bilingual
Certificate of Recognition / Award
Received Recognition Award from Masco Canada CFO for Performance Excellence
Received award from CBSA - third highest mark in Ontario on Customs Specialist annual Exam
Timeline
Cost Accountant
Masco Canada Limited
01.2023 - Current
Senior Accounts Receivable
Masco Canada Limited
01.2020 - 01.2023
Junior Accountant
Masco Canada Limited
10.2018 - 12.2020
Finance Clerk- Accounts Receivable/ Accounts Payable
Buckland Custom Brokers Ltd.
01.2014 - 10.2018
Customs Analyst
Buckland Custom Brokers Ltd.
01.2010 - 12.2014
Manager/Stock Broker
Shenyin & Wanguo Securities Co. Ltd
01.1992 - 12.2009
Introduction To Accounting - Accounting
Fanshawe College
Finance and Business Administration -
Haikou College of Economics And Vocational Technology
Hydrology - Overland Water
Hohai University
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