Basic Info

Hany Eshak

11 years

Cairo, Egypt

Bachelor's Degree

Experienced

Work Experience

Cost Accounting Section Head at Seaharvest Oil & Gas Services

Experience Details

Cost Accounting Section Head

Accounting/Finance

Experienced (Non-Manager)

Main activities and responsibilities: -
Costing, Budgeting & Stock Control‏
 To provide accurate and timely reports on factory floor efficiency variances to the Senior Management, which covers production performance, purchase price variance, material usages, and labor analysis.
 Prepare the annual cost budget covering materials, packaging, waste, fixed and variable overhead and industrial dept., etc…
 Produce product costing and other ad-hoc costing exercises for presentation and approval to be considered in product profitability.
 Analysis cost product in P&L and analysis the monthly expenses by cost centers & elements Level.
 Analysis adds cost: Bank Charges Fees, Transportation, Customs, Clearance and Realized foreign Exchange Gain.
 Analyzes actual manufacturing costs and prepares periodic reports comparing budget costs to actual production costs; this includes product margin reporting and analytics.
 Able to propose cost benefit analysis.
 Control standard cost for raw materials, packaging materials and finished goods.
 Validate the value of all current stocks on hand in all relevant locations; this refers to valuation and the integrity of the balance sheet representation of finished goods, Work in process, raw materials and packaging.
 Continuously, review the adequacy of stock provision with respect to faulty, aged or obsolete stock items.
 Ensure compliance with company financial policies relating to stock management and assist in maintaining proper documentation of internal controls as required.
 Ensure that Physical counts are done in compliance with the company policy and procedures of the company reviewing book balance with Physical count.
 Ensure that stocks are accurately reflected in the accounts.
 Prepare monthly reports for costing manger. Specifically, this covers production performance, Consumption report MUV report, aging report, cost imported materials report and Sales report.
 Preparing entry relative indirect coat R&D, QC, Export, Trial, Execution and Loading expense.
 Preparing Inventory & Costing Equation.


 Preparing stock count schedule and Organize the cost controlling system.
 Review purchase request and purchase order relative raw and packing materials.
 Review reports on quality and production departments of products weights in all Stages and compare with BOM & EPEC.
 Analysis and Monitoring of Inventory accounts (Consumed materials inventory & Spare parts inventory).
 Responsible for consolidating data for the presentation of budgets and providing an overview of the financial status of operations. Maintains accounting records and identifies trends that may help or hurt a company.
 Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
 Consult with managers to ensure that budget adjustments are made in accordance with program changes.
 Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
 Estimate future financial needs & Follow up file insurance.

Other Modules

 Receive and review all account payable documents and check the received invoices against supporting documents.
 Responsible for post entry of invoices and payments on system account module & settle purchases expense,
 Preparing the vendors accruals entries by recording the vendors invoices.
 Review the account payable statement determining current, due and overdue payments accordingly schedule.
 Review the returned vouchers from WH and create the returns entry on vendors.
 Preparing A/P Aging report, Organized filling documents.
 Entering the purchases of fixed assets to the program to allocate the assets cost on the next period to amortize depreciation.
 Calculates depreciation of fixed assets to transform the account from fixed assets to GL.
 Preparing Bank Reconciliation & reconcile the petty cash, Bank modules with the account payable module.
 Reviewing the cheque movements & cash movement and preparing adjusting.
 Analyzes Bank transaction and prepares Forecast cash plan reports comparing cash flow budget.
 Review & audit sales men Commission.
 Follow up on sales monthly transaction for company branches.
 Preparing report Sales Remittance
 Assisting and supporting any issues.


Company Details

Seaharvest Oil & Gas Services (multinational)

Cairo, Egypt

101-500 employees

Oil and Gas

N/A

Apr 2014 to present (3 years 6 months)
Senior Cost Accountant / Analyst at EDITA Food Industries

Experience Details

Senior Cost Accountant / Analyst

Accounting/Finance

Experienced (Non-Manager)

Main activities and responsibilities: -
Costing, Budgeting & Stock Control‏
 To provide accurate and timely reports on factory floor efficiency variances to the Senior Management, which covers production performance, purchase price variance, material usages, and labor analysis.
 Prepare the annual cost budget covering materials, packaging, waste, fixed and variable overhead and industrial dept., etc…
 Produce product costing and other ad-hoc costing exercises for presentation and approval to be considered in product profitability.
 Analysis cost product in P&L and analysis the monthly expenses by cost centers & elements Level.
 Analysis adds cost: Bank Charges Fees, Transportation, Customs, Clearance and Realized foreign Exchange Gain.
 Analyzes actual manufacturing costs and prepares periodic reports comparing budget costs to actual production costs; this includes product margin reporting and analytics.
 Able to propose cost benefit analysis.
 Control standard cost for raw materials, packaging materials and finished goods.
 Validate the value of all current stocks on hand in all relevant locations; this refers to valuation and the integrity of the balance sheet representation of finished goods, Work in process, raw materials and packaging.
 Continuously, review the adequacy of stock provision with respect to faulty, aged or obsolete stock items.
 Ensure compliance with company financial policies relating to stock management and assist in maintaining proper documentation of internal controls as required.
 Ensure that Physical counts are done in compliance with the company policy and procedures of the company reviewing book balance with Physical count.
 Ensure that stocks are accurately reflected in the accounts.
 Prepare monthly reports for costing manger. Specifically, this covers production performance, Consumption report MUV report, aging report, cost imported materials report and Sales report.
 Preparing entry relative indirect coat R&D, QC, Export, Trial, Execution and Loading expense.
 Preparing Inventory & Costing Equation.


 Preparing stock count schedule and Organize the cost controlling system.
 Review purchase request and purchase order relative raw and packing materials.
 Review reports on quality and production departments of products weights in all Stages and compare with BOM & EPEC.
 Analysis and Monitoring of Inventory accounts (Consumed materials inventory & Spare parts inventory).
 Responsible for consolidating data for the presentation of budgets and providing an overview of the financial status of operations. Maintains accounting records and identifies trends that may help or hurt a company.
 Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
 Consult with managers to ensure that budget adjustments are made in accordance with program changes.
 Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
 Estimate future financial needs & Follow up file insurance.


Company Details

EDITA Food Industries

Cairo, Egypt

N/A

Manufacturing

WWW.EDITA.com

Oct 2007 to Mar 2014 (6 years 5 months)

Achievements


Prepare documentation cycle & routing
Audit of other companies in the same group



Project finance system in Edita food ind.
Link sheet excel with system
Many of the measures to facilitate the
To keep a lot of time


Education

Bsc Commerce in Accounting

Education Details

Bsc Commerce

Accounting

Cairo University, Egypt

C / Good / 65 - 75%

N/A

N/A

Cairo University
2003 - 2007
High School - Other

High School Details

Other

EL Lase France

Egypt

2003

B / Very Good / 75 - 85%

N/A

EL Lase France
2003

Certifications

CMA Part 1
Mar 2015

Certificate details

CMA Part 1

Mar 2015

N/A

N/A

N/A

N/A

Training and Courses

Training/Course Details

Cost Accounting

May 2012

Allied Consultants Group.

N/A

Training/Course Details

Financial Accounting Diploma

Jan 2010

VISION Academy (Microsoft Gold Certified Partner).

N/A

Training/Course Details

 Cost Reduction Techniques

Mar 2013

American Chamber Of commerce in Egypt.

N/A

Training/Course Details

genral training

Aug 2006

National bank of Egypt.

N/A

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Profile Skills and Keywords

? Cost Reduction TechniquesAccountingActivitiesAnalyticalArabicCMA Part 1CooperationCost AccountingCost Accounting Section HeadCreativeEnglishFinanceFinancial Accounting DiplomaGenral TrainingHard WorkerInsuranceLeaderManufacturingManufacturing FoodMicrosoft ExcelOil & GasOil And GasPlannerPower PointSAP & GP SystemSeaharvest Oil & Gas ServicesSenior Cost Accountant / AnalystTravel

Self-assesed Skills

Languages

English

English

: Advanced

: Advanced

: Advanced

: Advanced

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

SAP & GP system

SAP & GP system

: Expert

: Extreme - I love it!

:

5-7 years

Microsoft Excel

Microsoft Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Power Point

Power Point

: Expert

: Extreme - I love it!

:

3-5 years

Fields of Expertise

Manufacturing Food

Manufacturing Food

: Expert

: Extreme - I love it!

:

More than 7 years

Oil & Gas

Oil & Gas

: Intermediate

: High

:

3-5 years

Key Skills

Analytical, Leader, Planner, Hard worker, Creative

Online Presence

Linkedin: https://www.linkedin.com/in/hany-eshak-57355772/https://www.facebook.com/hani.fathi.5HaniFathi13Skype Hany.Fathi.13

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