Basic Info

Ahmed Ibraheem

10 years

Zagazig, Egypt

Diploma

Experienced

Work Experience

Cost Section Head at Energya Electrical Industries - El Sewedy Helal.

Experience Details

Cost Section Head

Accounting/Finance, Operations/Management

Experienced (Non-Manager)

-Cost: - Responsible for the cost accounting function within the accounting team., Determines and implements cost accounting procedures and methods., Collect, analyze, evaluate and present data about the company's financial performance., Design and implement ACEIT model "Life Cycle Cost Modeling / Automated Cost Estimating Integrated Medoul"., Analyze cost center performance and develop cost control procedures in cooperation with both of operations and technical teams., Analyze product costing and provide feedback to sales team for pricing strategy., Analyze Bill of Material per category and per item to point variances, Conduct and Review cost reduction studies., Develop and enhance cost forecasting models.

-Budget: - Generate and implement operation budget by document all processes and procedures related to budget development and ensure they are regularly updated and in alignment with the overall finance plan., Manage the annual planning process and deliver a strategically aligned budget and 5 year plan., Collate, review and validate the budget submission, by considering the necessity, scope, cost, Consult with finance to ensure that budget adjustments are made in accordance with costing changes., Formulate recommendations on budget gap closure initiatives, Provide feedback to Reporting on potential enhancements to the budgeting system., Strategic conduct necessary appraisal and research, including analysis, for proposed new initiatives and prepare recommendations and conclusions for presentation to senior management.


Company Details

Energya Electrical Industries - El Sewedy Helal. (multinational)

10th of ramadan city, Egypt

101-500 employees

Electronics and Semiconductors, Manufacturing, Plastics

N/A

Jun 2014 to present (2 years 6 months)
Senior Cost Accountant at Energya Magnet Wire - El Sewedy Helal.

Experience Details

Senior Cost Accountant

Accounting/Finance, Operations/Management

Experienced (Non-Manager)

-Cost: - Responsible for accounting activities related to materials and production costs Analyze and monitor WIP and finished goods inventories. , Work with the manufacturing plants and corporate inventory (supply chain) management to update and maintain standard bill of materials and product costing in ERP system. , Responsible for development, analysis and rolling of periodic cost revaluations, provide robust analysis of all variances (purchase price, manufacturing, material usage) and review cost trends against historical and standard costs. , Oversee and perform various cost accounting functions including full absorption standard costing, analysis and setting of labor and overhead rates, pricing, volume and efficiency variance analysis. , Partner with the engineering groups to review and audit BOMs and routings, to ensure accuracy. , Partner with new product development, operations and sales, product line planning and analysis to prepare cost models for prospective products. , Oversight of the annual standard cost setting process. , Compare performance with operating plans and standards, and report and interpret results to management. , Maintain the financial integrity, including the valuation of inventory, preparation of periodic financial statements such as product line profit and loss reports. , Assist in data migration validation, review reports, submit, determine and resolve gaps in processes. , Overseeing, review fixed assets accounting and payroll. , Manage Year-end Physical Count.

-Budget: - Collect required data for prepares and examines budget estimates for completeness, accuracy, and conformance with procedures and regulations., Coordinating and administering of an adequate plan for the control of operations, to help in the preparation of the annual sales forecast, expense budgets and cost standards., Evaluates monthly financial performance against the plan, prior year and forecast, Identifies budget overruns.


Company Details

Energya Magnet Wire - El Sewedy Helal. (multinational)

10th of ramadan city, Egypt

101-500 employees

Manufacturing, Consumer Electronics , Electronics and Semiconductors

N/A

Oct 2009 to May 2014 (4 years 7 months)
Cost Accountant at MIPCO

Experience Details

Cost Accountant

Accounting/Finance, Operations/Management

Experienced (Non-Manager)

Cost Accountant from Nov 2007 - Sep 2009
Track Production raw materials and execute inventory movements in EX ERP. , Reconcile inventory to general ledger. , Analyze actual labor, material, and overhead cost against standard / budget. , Update and review standard costs (BOM / Routing) based on review of current performance data and purchasing costs. , Estimate standard costs for new products. , Daily review of finished goods invoices for proper coding / pricing / approval for issued. , Communicate with stores on all inventory related issues, facilitating continuous communication with sisters companies and fixes if necessary. , Handle month-end, quarter-end and year-end closing activities

Accounts Payable Accountant from Jan 2007 - Nov 2007
Manage accounts payable and ensuring compliance with accounting standards and corporate policies., Ensure all invoices are accurately input into GL, are supported by relevant approved documents and properly filed., Prepare and reconcile AP schedules on a monthly basis and bank reconciliations., Preparation of journal entries.

Accounts Receivable Accountant from Jan 2006 - Dec 2006
Take full ownership of the accounts receivables and collection., Generate invoice and credit memo and submit the documents to sales department on timely basis., Reconcile AR billings to shipment report and ensure that all shipments are billed., Generate weekly aging reports in a timely manner for weekly management review., Investigate and analyze past due accounts to determine appropriate course of action., Preparation of journal entries.


Company Details

MIPCO

10th of ramadan city, Egypt

101-500 employees

Plastics , Manufacturing

N/A

Jan 2006 to Sep 2009 (3 years 8 months)
Internal auditor at East Delta Grinders ( El Etehad Grinders).

Experience Details

Internal auditor

Accounting/Finance, Manufacturing/Production

Experienced (Non-Manager)

Review the quality grade of incoming wheat, Price, Production mix, compare it with Ministry of Supply & Internal Trading plan and report variances., Review issued bills.


Company Details

East Delta Grinders ( El Etehad Grinders).

Zagazig, Egypt

N/A

Food and Beverage Production

N/A

Oct 2004 to Dec 2005 (1 year 2 months)

Education

College Diploma in Auditing and Accounting

Education Details

College Diploma

Auditing and Accounting

Zagazig University, Egypt

Not specified

N/A

N/A

Zagazig University
2007 - 2009
Accounting in Accounting

Education Details

Accounting

Accounting

Zagazig University, Egypt

Not specified

N/A

N/A

Zagazig University
2000 - 2004

Certifications

ICDL
Feb 2009

Certificate details

ICDL

Feb 2009

N/A

N/A

EG000189503

UNESCO

N/A

Training and Courses

Training/Course Details

CMA Part I

Jan 2015

Arab Administrative Development Organization “ ARADO “

Currently preparing for the exam.

Training/Course Details

Accounting cycle, How to get it manual and by using of computer.

Oct 2007

Trade Union

N/A

This profile is not updated!
Last update more than 3 months ago.

Jobseeker photo

Profile Skills and Keywords

AccountingAccounting Cycle, How To Get It Manual And By Using Of Computer.AnalyticalArabicAuditAuditing And AccountingCMA Part IConsumer ElectronicsCostCost AccountantCost Section HeadCreativeElectronics And SemiconductorsEnergya Electrical Industries - El Sewedy Helal.Energya Magnet Wire - El Sewedy Helal.EnglishEntrepreneurFinanceFood And Beverage ProductionFox ProI-SourceICDLInnovativeInsuranceInternal AuditorMS EXManagementManagement AccountingManufacturingMicrosoft ExcelMicrosoft WordOperationsPlasticsProblem SolverProductionReadingSenior Cost AccountantSocializing With FriendsTechnologyTraveling

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Advanced

: Advanced

: Advanced

: Intermediate

Tools and Technologies

Fox Pro

Fox Pro

: Expert

: High

:

5-7 years

I-Source

I-Source

: Expert

: High

:

5-7 years

Microsoft Excel

Microsoft Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Word

Microsoft Word

: Expert

: Extreme - I love it!

:

More than 7 years

MS EX

MS EX

: Advanced

: Medium

:

3-5 years

Fields of Expertise

Accounting

Accounting

: Expert

: Medium

:

More than 7 years

Management Accounting

Management Accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Cost

Cost

: Expert

: Extreme - I love it!

:

More than 7 years

Audit

Audit

: Expert

: Medium

:

More than 7 years

Key Skills

Analytical, Creative, Problem Solver, Innovative, Entrepreneur

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