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Bahaa Mamdouh Elzoul

Costs & Budgets Accountant

6th of October, Giza, Egypt

Work Experience

  • Cost Consultant & ImplementerFull Time

    ULTIMATE SOLUTIONS

    May 2019 - Present -6 yrs, 2 months

    Egypt , Giza

    • Job Details:responsible of: Giving consultations about the Costing Techniques & Allocations, Keeping records of all the expenses & expenses Analysis, Defining cost centers and how to allocate expenses to them, Recording the journal entries for the costing department & how to reconcile with the financial department, Performing the Breakeven Point Analysis, Calculating the Breakeven Point for each product, implementing the costing system & making sure the inputs and the updates of (BOMs, Work Centers, Routing, Overheads) are accurate and realistic, Calculating the Standard Cost for current and prospected Products, Making sure the production orders; and all their details; are well-revised and the actual cost is well-calculated, Generating summary and detailed reports such as; Flexible Budgets, Cost Variances (Materials, Manufacturing and Overhead), Actual Cost of Products, Products Costs Statement, Halts and Waste details (with their effect on cost) by Production line or by Products, Comparisons of Productivity, Efficiency and Lost Production for each Production line or Product, Overhead Details and Comparisons with the Actual Overhead; and so many other Reports, Recommending solutions for reducing/eliminating the unnecessary factors which adds to the costs for the purposes of reducing costs and remove bottle-neck obstacles.
  • Cost AccountantFull Time

    Rest Water Factory

    Nov 2015 - Apr 2019 -3 yrs, 5 months

    Saudi Arabia , Riyadh

    • Job Details:I was responsible of: preparing, recording and updating the data of the Production module in the ERP system ;BOM, scrap percentages, Work Centers, Tracks, Operations, Cost of Work Centers, Labors and Overhead rates; revising and closing the production orders recorded in the accounting system, making sure the cost of the products on the ERP are correctly calculated and delivered, revising stoppage time, actual plant capacity, lost production, recording and completely analyzing all the expenses, CALCULATING THE COST of the fine products, Making estimates of the cost of new and proposed products & projects, revising the rejected materials percentages, SETTING MONTHLY and SEASONAL BUDGETS for the SALES and its branches (retail & wholesale), PRODUCTION and PURCHASES departments, follow the process of APPLYING the monthly and seasonal plan for each department and analyzing the deviations, Preparing periodic reports such as; Monthly Expenses Analysis, Comparing Standard to Actual Costs, Cost Variances, Flexible Budgeting, Income & Costs Statements.
  • Education

    • Bachelor's Degree in Accounting

      Benha University

      Jan 2009 - Jan 2013 - 4 yr

    Skills

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    Languages

    • English

      Fluent
    • Spanish

      Advanced

    Training & Certifications

    • CMA part 1

      Gleim·2019
    • Cost Accounting

      Al-Darein Academy·2016
    • IAS (International Accounting Standard)

      Al-Darein Academy·2016
    • ICDL

      Benha University·2014
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