WM

Wael Mahmoud

Cost Control Manager at Huhtamaki Flexible Packaging Egypt (LLC)

6th of October, Giza, Egypt

Work Experience

  • Cost Control ManagerFull Time

    Huhtamaki Flexible Packaging Egypt (LLC)

    Mar 2019 - Present -6 yrs, 3 months

    Egypt , Cairo

    • Job Details:• Manage and oversee the daily operations of the accounting department including: • month and end-year process. • accounts payable/receivable. • cash flow. • general ledger. • payroll and utilities. • treasury, budgeting. • cash forecasting. • revenue and expenditure variance analysis. • capital assets reconciliations. • trust account statement reconciliations. • check runs. • fixed asset activity. • debt activity. • Monitor and analyze accounting data and produce financial reports or statements. • Coordinate and complete annual audits. • Provide recommendations. • Improve systems and procedures and initiate corrective actions. • Assign projects and direct staff to ensure compliance and accuracy. • Meet financial accounting objectives. • Establish and maintain fiscal files and records to document transactions.
  • Cost Control SupervisorFull Time

    PORTA EGYPT

    Sep 2011 - Feb 2019 -7 yrs, 5 months

    Egypt , Giza

    • Job Details:• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor. • Analyzing data collected and recording results. • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs. • Providing management with reports specifying and comparing factors affecting prices and profitability of products or services. • Participate in preparing the budget (with sales, planning, purchases, production and Financial Dept.). • Analyzing audits of costs and preparing reports. • Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost. • Validate the cost of goods sold (COGS) as part of the month-end close. • Develop and maintain standard costs of finished goods and production components in an ERP system. • Recording cost information for use in controlling expenditures. • Analyzing the variances between standard and actual costs. • Analyzing the materials to dispose of obsolete inventory. • Preparing the final goods inventory evaluation monthly. • Coordinate physical inventory counts. • Preparing the inventory aging on monthly basis. • Perform cost accumulation tasks as a member of the target costing group.
  • Payable AccountantFull Time

    PORTA EGYPT

    Sep 2010 - Sep 2011 -1 yr

    Egypt , Giza

    • Job Details:• Receive and verify invoices and requisitions for goods and services • Verify that transactions comply with financial policies and procedures • Prepare batches of invoices for data entry. • Data enter invoices for payment. • Process backup reports after data entry • Manage the weekly cheque run • Record all cheques • Prepare vendor cheques for mailing • List all vendor cheques in the log book • Prepare manual cheques as and when required • Maintain listing of accounts payable • Maintain the general ledger • Maintain updated vendor files and file numbers Print and distribute monthly financial reports
  • Education

    • Bachelor's Degree in Accounting

      Beni Suef University (BSU)

      Jan 2004 - Jan 2008 - 4 yr

    Skills

    • Internet
    • Microsoft Word
    • Microsoft Excel
    • Microsoft Powerpoint
    • Accounting
    • Financial Analysis
    • Auditing
    • Software Development
    • ERP Systems
    • Cost Estimation
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    Languages

    • Arabic

      Fluent
    • English

      Advanced

    Training & Certifications

    • CMA Part 1

      IPA·2015
    • TOEFL

      2012
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