Open to opportunities

Frank Stavrianidis

@frankstavrianidis

Cost Accounting Manager with 30+ years driving profitability through inventory valuation, ABC, and ERP-enabled financial controls.

United States

Message

What I'm looking for

I’m looking to lead cost accounting and inventory accounting work that drives margin improvement—building scalable cost models, strengthening controls with ERP, and partnering with Operations/Finance to reduce costs, improve profitability reporting, and deliver measurable savings.

I’m a results-oriented cost accounting professional with 30+ years in manufacturing and operational accounting. I develop and implement cost accounting systems that improve inventory tracking and product profitability, including standard overhead rates, standard costing, and activity-based costing to explain variances and drive corrective action.

Across roles from Senior Cost Analyst to Director and Cost Accounting Manager, I’ve led profitability reporting (GM, project POC), COGS analysis, and inventory aging (SMO) processes that reduced inventory levels and generated significant savings through better labor overhead monitoring, reserve forecasting, and journal entry governance. I also strengthen controls by partnering with Finance, FP&A, Operations, Transformation/IT, procurement, and sales—leveraging SAP, Oracle NetSuite, Dynamics 365 (D365), Oracle E-Business (EBS), and AS400 to enhance financial accuracy and reporting.

Experience

Work history, roles, and key accomplishments

Cost Accounting Manager

Culp, Inc.

May 2025 - May 2026 (1 year)

Led cost accounting for a manufacturing facility, building and maintaining the cost system to improve inventory tracking and product profitability. Implemented ABC, set standard overhead rates and KPIs, and managed SMO inventory journal entries to forecast aging and support reserve decisions.

Cost Accounting Overhead Rates KPI Reporting Journal Entries SMO Reserves

Manager of Cost Accounting

Diversified, Inc.

Aug 2023 - Mar 2025 (1 year 7 months)

Built the company cost accounting strategy, including project profitability and gross margin reporting with monthly POC outputs to operations. Drove COGS analysis and cost center setup in D365/Great Plains, and implemented a NetSuite cost accounting system covering standard costs, inventory processes, and related journal entries.

Cost Accounting NetSuite

Senior Cost Analyst/Manager

Baebies, Inc.

Dec 2021 - May 2023 (1 year 5 months)

Managed product costing, manufacturing analysis, and inventory valuation, delivering actual vs. budget and actual vs. standard labor variance reporting. Reduced inventory levels by 20% through operations collaboration and improved SMO governance to generate $100K in annual SMO funding savings.

Product Costing Inventory Valuation Reports Standard Costing NetSuite Cost Accuracy SMO (Slow Inventory Reduction Programs NPI Costing

Accounting Director - Cost

Pearson

May 2019 - Oct 2021 (2 years 5 months)

Owned global cost & inventory accounting processes, ensuring standardized balances and accurate P&L representation across divisions while supporting SOX, IFRS, and GAAP compliance. Delivered $13.0M targeted savings via COGS and landed cost modeling, reduced SMO funding by $1.0M, and created transactional automation that supported ~$1.0M in cost savings.

Inventory Accounting Fixed Assets Accounting IFRS Compliance SOX Process Support SMO Aging And Reserves Financial Modeling

Director Operational Accounting

Pearson

May 2007 - Apr 2019 (11 years 11 months)

Directed operational accounting for inventory control and fixed assets, managing a team of 11 accountants and ensuring the accuracy of monthly inventory and quarterly audits in SAP and AS400 BPCS. Led global inventory reduction initiatives, contributing to a 25% inventory level reduction over three years, and supported an Oracle migration from AS400 covering drop-shipment, digital sales, and third

Inventory Control Fixed Assets Accounting Team Leadership SAP Inventory Management Global Inventory Metrics

Cost Accounting Supervisor

The Chamberlain Group

Mar 1997 - Jul 2007 (10 years 4 months)

Supervised cost and general accounting activities using an MRP/JIT standard cost environment, ensuring timely and accurate execution. Delivered $1.5M in inventory cost reduction savings by re-forecasting inventory levels.

Cost Accounting Inventory Forecasting Inventory Cost Reduction MRP Standard Costing Team Supervision Accounting Controls

Assistant Director / Manager

Pearson

Aug 2000 - Apr 2007 (6 years 8 months)

Supervised cost accounting for K-12 divisions, maintaining material standard costs and overseeing BOM and kit processing with perpetual inventory controls. Analyzed COGS trends to support forecasts and managed third-party direct ship accounting totaling $10.0M in annual sales volume.

Cost Accounting Standard Costing BOM COGS Account Analysis Forecast Support Third Party Direct Ship Accounting

Senior Cost Accountant

Chromalloy Corp.

May 1989 - Feb 1997 (7 years 9 months)

Developed and maintained an internal parts and labor tracking system integrated with cost accounting to determine actual product costs. Supported JIT process improvements by improving visibility into part and labor cost drivers.

Cost Accounting Parts And Labor Tracking Product Costing JIT Data Integration Internal Cost Systems Inventory And Cost Process Improvement