Emad Ali Hassan
Cost & Accounting Manager at Al Kimam holding
New Cairo, Cairo, EgyptWork Experience
Cost & Accounting ManagerFull Time
Al Kimam holding
Sep 2022 - Present -2 yrs, 8 months
- Job Details:Accounting and Costs Manager • ALKIMAM HOLDING (Egypt & Other Countries, 3 Years, 2022 - Present): • Supervised daily accounting operations to ensure accurate recording of financial transactions. • Prepared periodic and annual financial statements (balance sheet, income statement, cash flow). • Ensured compliance with local and international accounting standards and maintained strong internal controls. • Managed fixed assets lifecycle including acquisition, utilization, and disposal decisions. • Oversaw liability and debt management, including borrowing and refinancing strategies. • Directed working capital components — inventory, receivables, and payables — to maximize operational efficiency. • Provided detailed financial analysis and strategic recommendations to senior management for decision-making. • Collaborated with external auditors to ensure transparency and reliability of financial data. • Participated in strategic data evaluation to support executive-level planning. • Delivered comprehensive financial reports and ensured timely, accurate compliance reporting. • Led process cost accounting functions, ensuring accurate reporting of Cost of Goods Manufactured (COGM) and Cost of Goods Sold (COGS). • Analyzed complex manufacturing processes in collaboration with plant managers to support data-driven decisions. • Performed cycle counts and implemented adjustments to correct inventory discrepancies. • Reconciled and updated standard costs vs. actual costs on a monthly basis. • Maintained a perpetual inventory system, ensuring real-time accuracy of stock levels and valuation. • Managed month-end closing processes, including planning, journal entry preparation, posting, and ledger reconciliation. • Directed and participated in monthly and quarterly inventory counts, ensuring accuracy and audit readiness. • Contributed to the annual budgeting process by providing accurate cost estimates across multiple product lines. • Reconciled inventory balances and resolved variances. • Delivered timely and accurate financial data, including product cost analysis and cost estimation for new items. • Conducted account analysis for both assigned and ad-hoc accounts to ensure data integrity and compliance.
Head of Section FinanceFull Time
King Fahd University of Petroleum and Minerals (KFUPM) (Non 2013 – To Aug 2022)
Nov 2013 - Aug 2022 -8 yrs, 9 months
- Job Details:• Oversaw daily financial operations, billing cycles, and transactional accuracy across departments. • Served as internal auditor for payroll, storehouse, and electronic transfer payment processes. • Prepared annual financial statements and developed the university’s estimated operating and capital budgets. • Conducted variance analysis between budgeted and actual expenditures. • Generated detailed monthly financial and management reports to support institutional planning. • Analyzed financial data and KPIs for major contracts exceeding SAR 45 million to assess financial sustainability and compliance. • Participated in strategic financial analysis and reporting to support executive decision-making. Supplier and Contract Evaluation: • Reviewed supplier performance and its impact on procurement decisions. • Ensured alignment of purchase requests with orders, receipts, and invoices. • Evaluated pricing and terms to optimize vendor selection and cost-efficiency. • Monitored contract compliance, execution, and risk exposure. Inventory & Warehouse Control: • Assessed the warehouse documentation cycle and ensured integration with financial systems. • Supervised receiving, storing, and issuing procedures; ensured inventory thresholds (min/max/reorder) were maintained. • Reviewed inventory valuation methods and analyzed inventory turnover and slow-moving items. • Proposed policies for handling damaged/obsolete items and minimizing unnecessary storage costs. • Ensured warehouse efficiency through structured organization, labeling, and compliance with procedures.
Head Of AccountingFull Time
ALKIMAM HOLDING (Egypt & from 01/06/2008 to 31/10/2013)
Jun 2008 - Nov 2013 -5 yrs, 5 months
AccountantFull Time
Cairo Airport Travel (Egypt, 5 Years, 2003 - 2008):
Jul 2003 - Jun 2008 -4 yrs, 11 months
Egypt , Cairo
- Job Details:Prepared annual financial statements, including balance sheets, income statements, and cash flow statements. • Managed accounts payable and receivables, ensuring timely payments and collections. • Reconciled bank statements and maintained accurate general ledger records. • Monitored daily financial transactions and ensured compliance with accounting standards. • Assisted in budget preparation and expense tracking to align with organizational goals. • Utilized ERP systems, including SAP, Oracle, and QuickBooks, for financial management and reporting. • Conducted periodic audits to ensure data accuracy and compliance with regulatory requirements. • Generated detailed financial reports and provided actionable insights to management. • Examine and analyze ledger and journal entries, bank reconciliations, inventories, accounts receivable, fixed assets, and tax returns according to Generally Accepted Audit Standards and International Accounting Standards (GAAS and IAS). • Prepare detailed reports on audit findings, including recommendations to improve accounting and management practices.
Education
Diploma of Financial Accounting, Ain Shams University (2010–2012) in Research: Issues in Multinational Companies – General Motors Chevrolet
Ain Shams University (ASU)Jan 2008 - Jan 2010 - 2 yr
Diploma in accounting and administration
Helwan UniversityJan 2003
Bachelor's Degree in Accounting Department
Helwan UniversityJan 1998 - Jan 2003 - 5 yr
Achievements
Successfully transitioned from cash-based accounting to IFRS. Designed and implemented costing systems across multiple factories. Conducted detailed analyses for enhanced decision-making. Improved inventory control and financial reporting accuracy.
Skills
Languages
Arabic
FluentEnglish
Advanced