
ESLAM MAGDY
Cost Accounting Manager
Giza, Giza, EgyptWork Experience
Cost Accounting ManagerFull Time
AL–JAWHARA FOR CARTON INDUSTRY
Jun 2023 - Sep 2024 -1 yr, 3 months
Saudi Arabia , Jeddah
- Job Details:• Analyze and track all costs related to production, projects, or services, identifying trends, variances, and areas for cost savings • Conduct variance analysis between actual and budgeted costs, investigating significant differences and recommending corrective actions. • Accurately allocate costs across different departments, projects, or products, ensuring compliance with accounting principles • Prepare detailed cost reports and statements for internal management, highlighting key insights and actionable recommendations. • Support the preparation of cost forecasts to anticipate future expenses and budgetary needs • Collaborate with inventory and procurement teams to calculate and track inventory costs, ensuring proper valuation. • Develop and maintain standard costs for materials, labor, and overhead, adjusting as needed to reflect current market conditions • Implement cost control procedures to monitor spending and enforce compliance with budgets and policies • Analyze profitability by product line, customer, or project, providing insights into areas for financial improvement • Track and manage costs related to fixed assets, ensuring accurate capitalization, depreciation, and disposal recording. • Prepare and organize documentation to support internal and external audits of cost-related financial records • Work closely with procurement, production, and finance teams to ensure accurate cost data and improve cost- efficiency measures • make a break-even point for each month • Calculating the costs of all products with a total of 30 different products per day
Cost AccountantFull Time
creazure
Feb 2022 - Jun 2023 -1 yr, 4 months
Egypt , Giza
- Job Details:• Keeping accurate and up-to-date records of financial transactions, such as expenses, revenues. • Communicating with clients, colleagues, and management to provide financial information. • Preparing financial reporting. • Review the tracking of the factory’s production stages • Review all customer invoices daily with the quantities disbursed from the warehouse • Reconciling customers’ account statements and resolving all obstacles • Prepare detailed cost reports and statements for internal management, highlighting key insights and actionable recommendations • Collaborate with inventory and procurement teams to calculate and track inventory costs, ensuring proper valuation • Prepare detailed cost reports and statements for internal management, highlighting key insights and actionable recommendations. • Support the preparation of cost forecasts to anticipate future expenses and budgetary needs
AccountintFull Time
Go fit
Jun 2020 - Feb 2022 -1 yr, 8 months
Egypt , Cairo
- Job Details:• Collecting cost information and maintaining an expenses database • Constructing data accumulation systems • Determining fixed costs (e.g. salaries, rent and insurance) • Developing and implementing electronic invoice and the tax portal • Establishing the documentary cycle of accounts from the accounts of suppliers, customers, custody, treasury and cost accounts, and creating a complete system for the costs • By making the company's monthly salaries of workers and employees • Develop and implement costing system for each project • Daily reports and analytics knowledge sharing with management
Education
Bachelor's Degree in accounting
Helwan UniversityJan 2019
Languages
Arabic
FluentEnglish
Advanced