Basic Info

Mohamed wahdan

12 years

Giza, Egypt

Bachelor's Degree

Manager

Work Experience

Budget & cost control section head at IDRAK FINE FINISHING ( DMG GROUP)

Experience Details

Budget & cost control section head

Accounting/Finance

Manager

1. Follow-up daily work operation department & accounting staff relating to revenue, costing & overheads.
2. Review the documentation cycle to ensure accuracy of information, calculation & approval for proposing & paying the accounting entries manually & on ERP.
3. Involving in the preparation of the AOP budget, QRP'S.
4. Review & approve all the sort of payments forms before the payment taking place to be sure about the costing standard is applied.
5. Must be sure that all the company's budget is provided & approved to be used as the final reference.
6. Evaluate the actual costs & overheads with the planned budget & forecast to give a result about the variance with conclusion about acceptance or non-acceptance.
7. Preparing reports& analysis regarding these variances with recommendations how to handle them before the closure of the project.
8. Provide details of risks and opportunities for costs & overheads to ensure that the company is able to manage the expectations of top management.
9. Monitor the payments vouchers and recording process to assure that it's had been recorded in the right cost allocation, cost category, cost center & business unit.
10. Co-ordinate with the technical office – cost control section regarding accuracy & reference of approved costs.
11. Give the opinion about all expenditures regarding compatibility with budget & forecast or not.
12. Analyze capex for the business and insure that capex stays within budgeted target & ensure that capex is re-forecasted each month and provide analysis against previous forecast and budget.
13. Considering all financial risks that will have impact upon extra costs variations towards the company before existing that may affecting the margin profitabil-ity .
14. Preparing a cost analysis monthly report to finance manager.


Company Details

IDRAK FINE FINISHING ( DMG GROUP)

Cairo, Egypt

501-1000 employees

Construction - Residential & Commercial/Office, Real Estate/Property Management

www.idrak-interiors.com

Jan 2015 to present (2 years 7 months)
Head of the accounting department at Egyption arab co. for development

Experience Details

Head of the accounting department

Engineering - Construction/Civil/Architecture

Experienced (Non-Manager)

1.Supervise the accounting employee in the department.
2.Design the cost system and monitoring the accounting of the save, to allow the activity of con-tracting system of the company to be applied.
3.Contribute in the pricing process, and conduct the planes for the pricing according to the cir-cumstance of the market.
4.Writing the financial reports for the finance manager and the administration.
5.Follow up the implementation of the external work, and fund management.
6.Contribute in the committee of the tender bids price.
7.Making sure of the implementation of the applicable system for the operational cost and ana-lyse the deviation cost, and control the cost element and reduce it.
8.Cooperating with the external Review to implement their recommendation and following the procedure accordingly.
9.Conducting the Sudden inventory when it's necessary.
10.Review the invoice and the voucher before the payment; also review the bill of exchange.
11.Prepare the cash flow for all of the company's projects.
12.Follow up all the dues of the company’s projects and work on the collection.
13.Ensure the provision of liquidity crisis, to participate in operations and new projects for the company.
14Verification of bookkeeping and accounting records and assuring that the financial system of the company is followed and applied.


Company Details

Egyption arab co. for development

Giza, Egypt

101-500 employees

Construction - Residential & Commercial/Office

www.egydev.org

Jun 2010 to Dec 2014 (4 years 6 months)
Cost and budget accountant at Egyption arab co. for development

Experience Details

Cost and budget accountant

Engineering - Construction/Civil/Architecture

Entry Level

1.Monitoring & controlling all the company projects stores (stock-rooms) and managing the stock materials movement.
2.Making registering and recording in all kind of copy-books and accounting programs.
3.Auditing contractors extracts in addition to follow up their accounts receivables, Payables and suppliers accounts.
4.Preparing banks settlement, following up its account and letters of guarantee.
5.Provide Top management with progress monthly reports.
6.Preparing the monthly taxes admissions & supervising tax result with tax agency and also Interacts with internal and external auditors in completing audits.
7.Directing the accounting entries, preparing monthly and annually trial bal-ance.
8.contributing in the budget preparations, financial statements and their accompanying explanations.
9.Preparation of the cost reports for all of the operating items.
10.Following up the financial management of the projects and making analysis of the accounts cost and profits.
11.Preparing the cash flows for the new projects.
12.analyzes actual operation costs and prepares
13.Periodic reports comparing budget costs to actual operation costs; this includes operation margin reporting and analytics.
14.balance and reconcile records kept and be able to research and resolve any unbalanced issues involved in the accounting Procedures
15.Ensure that each purchase order is properly tracked finding the appropriate approval signature, account numbers and proof of the receipt of the goods or-dered.


Company Details

Egyption arab co. for development

Egypt

51-100 employees

Construction - Residential & Commercial/Office

www.egydev.org

Jan 2006 to May 2010 (4 years 4 months)
General accountant at Intercontinental city stars hotel

Experience Details

General accountant

Accounting/Finance, Hospitality/Hotels/Food Services

Entry Level

1.Makes ledger entries and keeps track of cost analysis.
2.Analyse and monitoring raw material inventory.
3.Maintain the inventory system with integrity and standardization
4.Makes sure that no orders are place for these raw materials unless it is neces-sary.
5.Ensure that merchandise of placed orders had been received.
6.negotiates the best vendor terms, pricing and delivery based on specific budg-et


Company Details

Intercontinental city stars hotel (multinational)

Cairo, Egypt

501-1000 employees

Hospitality/Hotels

N/A

Apr 2005 to Dec 2005 (8 months)

Achievements


1. Commitment towards deadlines, monthly + yearly closing & required financial reports.
2. Be sure about the company's internal and external financial & legal obligations for costing & expenditure cycles.
3. Building a professional relationship with PMO.
4. Working on supporting the company's margin profitability and decreasing any extra costs & expenditures.
5. Follow-up the company's budget, forecast, AOP, QRP, management & fore-casting.
6. Follow-up procedures & system that improve level of service to simplify and speed up the work process with the other departments.
7. Building my & staff capability for sustainable growth.



Since i worked in my current company i have established a very strong accounting system trained a powerful team that can deal with any type of work whether it was real state or contracting production factories as this was the company's field of work and here in detail the main positions that i have filled in the past few years



Since i worked in my current company i have established a very strong accounting system trained a powerful team that can deal with any type of work whether it was real state or contracting production factories as this was the company's field of work and here in detail the main positions that i have filled in the past few years



I had the second position in the Giza schools competition IN the KUNG FU at the age of 13

Education

BSc in commerce &business administration, foreign

Education Details

BSc

commerce &business administration, foreign

Helwan University, Egypt

C / Good / 65 - 75%

commerce &business administration, foreign Trade section

commerce &business administration, foreign Trade section

Helwan University
1999 - 2004
High School - Thanaweya Amma

High School Details

Thanaweya Amma

el orman el thanaweya

Egypt

1999

C / Good / 65 - 75%

N/A

el orman el thanaweya
1999

Certifications

CMA part 1
Feb 2015

Certificate details

CMA part 1

Feb 2015

N/A

N/A

N/A

N/A

Training and Courses

Training/Course Details

• Financial decision making.

Feb 2012

BMI

a part of the certified management accountant which consist of 2 supjects

Training/Course Details

• Financial planning, performance and control.

May 2008

BMI

A PART OF THE CERTIFIED MANAGMENT ACCOUNTANT OLD VERSION

This profile is fresh!
Last update 10 days ago.

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Profile Skills and Keywords

AccountingArabicBudget & Cost Control Section HeadBudgetingBuilding ConstructionCMA Part 1Cash Flow StudiesCommerce &business Administration, ForeignCommunicatorConstruction - Residential & CommercialCost AccountantCost And Budget AccountantCost ControlCreativeEnglishFinanceFood ServicesGeneral AccountantHard WorkerHead Of The Accounting DepartmentHospitalityHotelsInsuranceIntercontinental City Stars HotelInternetMicrosoft OfficeMicrosoft WindowsOfficeOrganizerProblem SolverProperty ManagementReadingReal EstateSkilled TradesSportsTravelling Financial Planning, Performance And Control. Financial Decision Making.

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Advanced

: Advanced

Tools and Technologies

Microsoft Office

Microsoft Office

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Windows

Microsoft Windows

: Expert

: Extreme - I love it!

:

More than 7 years

Internet

Internet

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

cost control

cost control

: Expert

: Extreme - I love it!

:

1-3 years

budgeting

budgeting

: Expert

: Extreme - I love it!

:

More than 7 years

cash flow studies

cash flow studies

: Expert

: Extreme - I love it!

:

More than 7 years

accounting

accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Communicator, Hard worker, Creative, Organizer, Problem Solver

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