
Omar hamada abdullah
Cost Control Accountant at 101 cafee
Nozha, Cairo, EgyptWork Experience
Costing SR. AccountantFull Time
Acrow building products
Apr 2024 - Present -1 yr, 2 months
Egypt , Cairo
- Job Details:Responsible for all cost accounting functions, including product costing, inventory valuation, and variance analysis Implemented new costing methodologies to improve accuracy of product costs Automated monthly close process to improve efficiency Provided strategic cost analysis to support business decisions, including the launch of new product lines Collaborated with procurement and operations teams to optimize inventory levels Participated in the annual budgeting process, providing cost projections and recommendations Managed the monthly close process for a large business unit, ensuring timely and accurate financial reporting Played a key role in the implementation of a new ERP system( Oracle ), serving as the costing and inventory subject matter expert Analyzed financial data to identify cost savings opportunities and recommended process improvements
Senior cost control specialistFull Time
Faqra Catering Egypt
Feb 2024 - Apr 2024 -2 months
Egypt , Cairo
- Job Details:Budgeting and Forecasting: develop and maintain budgets and financial forecasts for various projects and departments within Faqra Catering Egypt. This includes analyzing historical data, market trends, and business objectives to create accurate and realistic financial plans. Cost Analysis: conduct detailed cost analysis regularly to identify potential cost savings and efficiency improvements. This involves reviewing expenses, analyzing variances, and recommending cost reduction strategies to management. Cost Monitoring and Reporting: closely monitor project and operational costs to ensure they align with approved budgets and financial targets. I prepare regular reports and provide management with accurate and timely information on cost performance, highlighting any deviations or risks Cost Control Policies and Procedures: establish and enforce effective cost control policies and procedures across the organization. This includes implementing standardized processes for budgeting, expense tracking, and financial reporting, as well as ensuring compliance with relevant regulations and internal policies. Collaboration and Communication: work closely with cross-functional teams, such as project managers, procurement, finance, and operations, to gather cost data, analyze financial information, and provide guidance on cost-related matters. Effective communication and collaboration are essential to ensure alignment and achieve cost control objectives. Continuous Improvement: actively seek opportunities to improve cost control processes and systems. This may involve leveraging technology solutions, streamlining workflows, and identifying best practices to enhance efficiency and accuracy in cost management.
Cost AccountantFull Time
The food lab
Mar 2022 - Present -3 yrs, 3 months
Egypt , Cairo
- Job Details:* Develop and maintain cost accounting systems and processes to track expenses and analyze variances across the organization. * Monitor and analyze production costs, including materials, labor, and overhead, to ensure that costs are in line with budget and forecast. * Collaborate with production and operations teams to identify opportunities for cost savings and process improvements. * Prepare monthly financial reports and analyses, including variance analysis, cost of goods sold (COGS) analysis, and profitability reporting. * Assist with budgeting and forecasting processes, including developing cost models and analyzing financial data to support decision-making. * Conduct regular audits of inventory and costing data, ensuring accuracy and completeness of data. * Participate in cross-functional teams to implement new systems or processes, such as implementing a new inventory management system or updating pricing strategies. * Maintain knowledge of industry trends and best practices in cost accounting and financial analysis, and apply this knowledge to improve processes and drive better business results. * Data visualize all analysis outputs using ERP system ( Odoo) and process auditing at all entries in order to get the most accurate data analysis possible and forecasting of the next period.
Cost Control AccountantFull Time
101 cafee
Feb 2021 - Present -4 yrs, 4 months
Egypt , Cairo
- Job Details:* Make mainly monthly tasks 1. All market list costing 2. Costing reporting analysis 3. Costing all monthly waste 4. Stocktaking ( item auduting) and reporting about it. * Work in conjunction with all departments heads to ensure maximum profitability. * Provide critical assessment of all budget and cost projections. * Develop and proactive solutions and cost cutting measure.
Education
MPA in accounting
Ain Shams University (ASU)Jan 2020 - Jan 2023 - 3 yr
B Com in Accounting
El Shorouk Academy (SHA)Jan 2015 - Jan 2019 - 4 yr
Skills
Languages
Arabic
FluentEnglish
Advanced