Basic Info

Mohammed ,CMA,CertIFR

5 years

Giza, Egypt

Bachelor's Degree

Experienced

Work Experience

Senior Accountant at Nile Air

Experience Details

Senior Accountant

Accounting/Finance

Experienced (Non-Manager)

- Review all invoices for appropriate documentation and approval prior to payment.
- Working in monthly closing related accrual.
-Review managers’ budget proposals for completeness,accuracy, compliance and combine all into a consolidated organizational budget report.
- Analyzing actual costs and preparing periodic reports comparing standard costs to actual costs and their corrective actions.
- Analysis the operation process for cost reduction purposes,recommend, and develop processes to improve the operation efficiency and resource’s utilization to convert budget cost into target cost.
-Present a details cost reduction projects to achieve the target cost and target GP.
- Controlling target cost project and issuing periodic evaluation performance reports.
- Create, develop and improve cost reports and models to support all management decision-making.


Company Details

Nile Air (multinational)

Cairo, Egypt

501-1000 employees

Airlines/Aviation

WWW.nilenir.com

Dec 2014 to present (2 years 5 months)
Cost Controller at Middle East Caravan

Experience Details

Cost Controller

Accounting/Finance

Experienced (Non-Manager)

- Review managers’ budget proposals for completeness, accuracy, compliance combine all into a consolidated organizational budget report.
- Summarize budgets and submit recommendations for both the approval and disapproval of funds requests.
- Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.
- Issuing the monthly variance analysis report and the related corrective actions.
- Determine costs for new products, contract proposals and initiate, adjust forecast models, where necessary.
- Analysis the operation process and product design for cost reduction purposes to convert budget cost into target cost by developing processes to enhance and improve the operation efficiency.
- Using cost and budget data to support all management decision making such as product prices, profitability and cost reduction chances.
- Prepare financial statement analysis.
- Reconcile transactions by comparing and correcting data.
- Aid and work for issuing financial package, and their disclosure.


Company Details

Middle East Caravan

six of october, Egypt

101-500 employees

Manufacturing

www.me-caravan.com

Nov 2011 to Dec 2014 (3 years 1 month)

Achievements


I have prepared and presented three cost reduction projects in three separate operational stages after deeply studying and analysis their details process.

1- The first one will save EGP 2,450,000 or 40% cost reduction during three years after redesign the process flow to consume less resource, and it actually applied.

2- The Second will save USD 808,680 or 60% cost reduction during three years after insourcing this services instead of outsourcing and, it actually applied.

3- The third one saved USD 1,060,000 or 60% cost reduction during three years.


I become a CMA in the first two year from my working there, and this improves and develops my performance as cost & budget controller.


Education

Bachelor In Commerce Studies in accounting section

Education Details

Bachelor In Commerce Studies

accounting section

Cairo University, Egypt

Not specified

N/A

N/A

Cairo University
2006 - 2009

Certifications

Certificate details

Certified Management Accountant

Oct 2013

N/A

N/A

40519

Institute of Management Accountant

License# 40519

Certificate details

ACCA, Certificate in International Financial Reporting

Oct 2016

72 out of 100

N/A

AD42191

Association of Chartered Certified Accountants

ID# AD42191

Training and Courses

Training/Course Details

CPA - Part Two

Jun 2014

IPA

Complete CPA Part 2 (Financial Accounting Reports) studying and exams preparation.

IFRS at IPA
Jul 2013

Training/Course Details

IFRS

Jul 2013

IPA

INTERNATIONAL FINANCIAL REPORTING STANDER

Training/Course Details

Training

Aug 2008

Faysal Bank

Summer training course at faysal bank credit department

Training/Course Details

Cost Accounting

Oct 2016

American Chamber

N/A

This profile is fresh!
Last update 11 days ago.

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Profile Skills and Keywords

ACCA, Certificate In International Financial ReportingAccountingAccounting SectionAdaptiveAirlinesAnalyticalArabicAviationBudget Analyst / ControllerCPA - Part TwoCertified Management AccountantCost AccountingCost Analyst/ ControllerCost ControllerCreativeEnglishFinanceFinancial AnalysisFlexibleIFRSInitiativeInsuranceManufacturingMicrosoft OfficeNile AirOraclePlannerReading At Financial & Costing ReferenceSenior AccountantSwimmingTraining

Self-assesed Skills

Languages

English

English

: Fluent

: Advanced

: Fluent

: Advanced

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

Microsoft Office

Microsoft Office

: Advanced

: Extreme - I love it!

:

5-7 years

Oracle

Oracle

: Intermediate

: Extreme - I love it!

:

1-3 years

Fields of Expertise

Budget Analyst / Controller

Budget Analyst / Controller

: Expert

: Extreme - I love it!

:

3-5 years

Cost Analyst/ Controller

Cost Analyst/ Controller

: Expert

: Extreme - I love it!

:

3-5 years

Financial Analysis

Financial Analysis

: Advanced

: Extreme - I love it!

:

3-5 years

Key Skills

Analytical, Planner, Creative, Initiative, Flexible / Adaptive

Online Presence

www.linkedin.com/in/mohammed-abbas-cma-ifrs-12a8157a?trk=nav_responsive_tab_profile_pic

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