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Ziad Karahamad

Financial Analysis Manager

Damascus, Syria

Work Experience

  • Financial Analysis ManagerFull Time

    Flora Syria

    Apr 2020 - Nov 2020 -7 months

    Syria , Damascus

    • Job Details:Company Profile: A leading hygiene products manufacturer of well-established brands of feminine care, baby care and sanitary napkins; such as: Libresse, Libero; which are licensed by the Swedish Essity company, in addition to the local brand Louve. Work Description: • Provide key financial analysis and management reporting by designing and managing tailored monthly management reporting packages to facilitate executive level decisions making. • Identify areas for costs savings or efficiencies across production lines and departments. • Maintain Product Profitability & Margin Analysis, and provide scenarios analysis for changes in products' BOM, and for new products launch. • Perform feasibility studies to provide guidance on investment and project decisions. • Preparation of budgets and forecasts split by product, location, sales, revenue, expense... • Analyse actual results to budget and prior year to identify trends, variances, irregularities and performance. • Assist in the month-end accounting closure. • Preparation of ad hoc reports to management.

  • Costing Manager (PCM)Full Time

    Flora Syria

    Apr 2019 - Mar 2020 -11 months

    Syria , Damascus

    • Job Details:Work Description: • Maintain the quotation model in costing system, setting and updating the costing matrix across all sites and all production lines. • Work closely with Operation, Technical, Procurement, and Finance departments to ensure the validity and completeness on the material, machine rate, labour and indices applied on the quotation system. • Maintenance of costing within costing system regularly, and ensuring an accurate and timely analysis of product costs to support business pricing decision-making. • Support the overall profitability of the business through development of process and metrics. • Prepare and analyse the costing and operation reports. • Assist in preparing Budgets and Financial Statements.

    • Madar Group Egypt

    • Deputy Chief Financial OfficerFull Time

      Jan 2017 - Mar 2019 -2 yrs, 2 months

      Egypt , Alexandria

      • Job Details:Company Profile: A member of Madar Holding, engaged in the manufacturing and distribution of baby diapers, detergents, liquid soap, shampoo and other household cleaners. Madar Group has factories in Egypt, Senegal, Angola and Cameron. Work Description: • Review, analyse and evaluate the monthly financial statements of all group companies. • Consolidate and analyse the monthly financial statements; per entity, per segment, and per market. • Provide comprehensive periodic variance reports and charts; for month, quarter, and year-to-month; compared with both previous period and parallel period in previous year. • Prepare the group monthly analysis reports (Budget Variances, Stock Movements, Working Capital and Foreign Exchange Risk Management). • Manage the accurate recognition of mergers or acquisitions, based on IFRS.

    • Accounting ManagerFull Time

      Jul 2013 - Dec 2016 -3 yrs, 5 months

      Egypt , Alexandria

      • Job Details:Work Description: • Manage an accounting team of eight, making sure of the accurate posting of all accounting entries. • Manage the chart of accounts, and establish and enforce proper accounting methods, policies and procedures. • Manage and oversee the monthly accounting closure (Prepayments, accruals, bank reconciliations, A/P reconciliation, Depreciation, Stock counts, and reconciliation with all group companies). • Monitor and analyse accounting data and produce monthly financial statements and reports. • Interact with the tax consultant to ensure the full compliance with all tax regulations.

  • Management Accountant - Section ManagerFull Time

    National Sugar Company, Syria (Cargill associated Co.)

    Jun 2011 - Jun 2013 -2 yrs

    Syria , Homs

    • Job Details:Company Profile: NSC was the largest multinational non-oil investment in Syria, with a capital cost of $90 million. The main shareholders are Assaf Invest Limited and Cargill. It was also the 2nd largest sugar refinery in the Middle East, with annual sales of $350 million. Work Description: • Authorize PO invoices and petty cash invoices on the company’s ERP system, making sure that all expenses are within budget limits and posted to the correct accounts. • Manage the amendment or creation of accounts, cost centres, and activities on the company’s ERP system. • Manage the fixed assets register on the company’s ERP system (monthly depreciation, capitalisation, and disposal), and match it with the monthly trial balance. • Audit and authorize the monthly payroll tables. • Supervise daily and monthly physical stock counts. • Generate monthly management accounts package (Income Statement, Balance Sheet, Cash Flow Statement, Cost Analysis, capital applications, stock declaration). • Analyse and investigate monthly variances, presenting commentaries on performance and expenditure if needed. • Analyse budget variances on a monthly basis, and follow up with head of departments for explanations. • Prepare annual budget after discussing it with head of departments. • Interact with external auditors and governmental departments in completing audits and taxation.

    • Education

    • BSc in Accounting

      Damascus University

      Jan 1997 - Jan 2002 - 5 yr

    Skills

    • Financial Analysis
    • Budgeting
    • Financial Management
    • Accounting
    • Financial Statements
    • taxation

    Languages

    • Arabic

      Fluent

    • English

      Fluent
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