Khaled Mohamed Mahmoud
Costing Section Head
Tenth Of Ramadan,Egypt
Summary
Head of Costing over 6 years of experience, I accept with pleasure the challenges and goals that your organization could assign me, ability to work in teams, ability to work under pressure.
Overview
6
6
years of professional experience
4
4
years of post-secondary education
2
2
Languages
Work History
Costing Section Head
Elsewedy Industries Group
03.2020 - Current
- Implementation full Manufacturing Operation System for Lighting Sector by Oracle.
- Applying issue Material according to job Order.
- Export the routing of all SKU’S by time sheet and implementation for it at oracle.
- Allocate overhead systematic job by job.
- Export variance report and ideal capacity for the factory.
- Creation full budget and this was the first time for the company to be budgeted and make Comparison the actual exp.
- Vs budget for every department.
- Applying price list and discount slides at oracle., Analyzing audits of costs and preparing reports.
- Making estimates of new and proposed product costs providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Assist managers in making critical decisions by translating cost data into useful information.
- Determine costs for new products and contract proposals; Adjust forecast models, where necessary.
- Review all work orders to ensure accounting is accurate and issues are resolved quickly.
- Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
- Responsible for directing budgeting, forecasting, pricing (standard costs), variance analysis, inventory, cost savings projects, and internal controls.
- Monitor all costs and make the necessary decisions to rationalize them.
- Determine the cost of the product fully and under operation and its validity.
- Provide required periodic reports (list of costs - detailed income statement and comparison.
- Directing cost restrictions to their cost centers.
- Control production processes and control all costs.
- Participation in the pricing committee by determining the cost of the product and the profit margin.
- Analysis of the results of the actual activity with the standard and compared to the plan to reach the cause of deviation with the participation in rationalization with production.
- Assisting in the decision to price the products and services of the company to ensure that the company cover and recover the production costs incurred in addition to the expected profit margin and target.
Cost Accounting Supervisor, SAP User
Elsafa Group
09.2019 - 02.2020
- Develop and follow up the implementation of the plan to coordinate the sub-plans and identify deviations or obstacles and determine the responsibility so that the necessary correction can be made in a timely manner.
- Monitor all costs and make the necessary decisions to rationalize them.
- Determine the cost of the product fully and under operation and its validity.
- Cost elements - analysis of deviation and its causes of profit and loss).
- Provide required periodic reports (list of costs - detailed income statement and comparison - analysis of.
- Directing cost restrictions to their cost centers.
- Control production processes and control all costs.
- Participation in the pricing committee by determining the cost of the product and the profit margin.
- Participation in the periodic inventory committee.
- Planning future cost through feasibility studies.
- Analysis of the results of the actual activity with the standard and compared to the plan to reach the cause of deviation with the participation in rationalization with production.
- Cost control by comparing actual cost and standard cost to achieve efficient use of resources available at the company to reduce costs.
- Assisting in the decision to price the products and services of the company to ensure that the company cover and recover the production costs incurred in addition to the expected profit margin and target.
- Identify root causes of variance and propose plans to reduce costs.
Senior Cost Accountant, SAP User
Arma Group
11.2016 - 08.2019
- Review rates of depreciation and overhead.
- Analyzes changes in product design, raw materials to determine effects on costs.
- Prepare Business review report for board meeting.
- Set up new raw material, packaging, WIP, and FG items; create and maintain production BOM.
- Prepare monthly and quarterly accounting reports for submission to management.
- Perform month end close activities related to Cost Accounting.
- Deal with cost problems because of high prices of fuel & power.
- Revise the costs of all cost centers gradually.
- Check the capacity of the factory monthly with planning and production managements.
- Follow up all stores and create reports for them.
- Forecasts and plans future purchasing costs according to fiscal needs.
- Analyzing production performance by comparing actual manufacturing cost with standard cost.
- Analyzing production variance for decision making.
- Costing and pricing the product according to materials prices and standard cost.
- Code materials, assets, vendors, customers and cost center.
- Providing management with periodic reports for analyzing factors affecting production.
- Evaluates sales reports and discuss with sales manager if his management didn’t achieve the target.
- Checking and approving purchase orders to maintain price stability.
- Follow up COGI with planning and production management.
Accounts Payable Accountant
Elsewedy Lamps
06.2015 - 10.2016
- Review all invoices for appropriate documentation and approval prior payment.
- Prioritize invoices according to cash discount and Process check requests.
- Match invoices to checks and obtain all signatures for check.
- Review all expenses and close at end of every month.
- Maintain files and documentation accurately, in accordance with company policy and accepted accounting practices.
- Prepare analysis of accounts and Provide supporting documentation for audit.
- Preparing profit and sales taxes reports.
Education
Bachelor of commerce English section - Accounting
Zagazig University
09.2009 - 06.2013
Skills
Budget development
Core Competencies
- MS Office Programs, SAP ERP & Oracle
- Sharing in Assessing existing financial procedures, identified and implemented improvements to strengthen the financial health of the organization
- Experienced in presenting financial information to senior management and documenting financial policies and procedures
Timeline
Costing Section Head
Elsewedy Industries Group
03.2020 - Current
Cost Accounting Supervisor, SAP User
Elsafa Group
09.2019 - 02.2020
Senior Cost Accountant, SAP User
Arma Group
11.2016 - 08.2019
Accounts Payable Accountant
Elsewedy Lamps
06.2015 - 10.2016
Bachelor of commerce English section - Accounting
Zagazig University
09.2009 - 06.2013
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