Khamis N Ahmed

Assistant Financial Controller-Costing Section Head Inventory ControllerFull Time

• Job Details: Review monthly COGS variance report, highlight unfavourable variances to concerned departments and monitor corrective action on monthly basis.  Prepares financial reports and presents findings and recommendations to top management.  Monthly/Quarterly & Yearly closing (B/S - P/L).  Responsible for the inventory and costing section of the 4 plants, and 72 branches.  Wastage calculation and comparing it to the standard level in similar manufacturing to identify whether the waste is above standard or not. Propose methods to decrease it(Production Consumption Variance).  Supervise Quarterly, and sudden physical inventories.  Supervise write off expired material and finish products in all inventories,  Working on SAP, regarding inventory as well as inventory controller, Quarterly physical count, material analysis, closing entry , Items cost, inventory variance and inventory adjustment.  Follow up KPI”Key Performance Indicator”.  Assist in budget preparation for product costs and forecasted material requirements at major budgeting periods.  Material used var. and consummation for all products.  Follow up cost update (Cost rollup) (Revaluation).  Review a comparison between actual materials consumption and standard rates.  Prepare General Ledger entries for inventory, and costing accounts.  Reviews, investigates, and corrects errors in financial entries, documents, and reports  Calculate any required new study on productivity.  Follow up Trail Balance for accounts and review accounts have abnormal number.  Follow up slow moving material and finish product.  Reconciliation between Sub ledger and General Ledger and highlight the variances.  Managing, Training & developing people.

Assistant Finance Manager-Costing Section Head, Inventory Controller–PEPSI COLA KSAFull Time

• Job Details:Review monthly COGS variance report , highlight unfavorable variances to concerned departments and monitor corrective action on monthly basis.  Prepares financial reports and presents findings and recommendations to top management .  Monthly/Quarterly & Yearly closing (B/S - P/L ).  Inventory control, material cost control provides Finance manager with all variances, and follow up authorization.  Responsible for the inventory and costing section of the 3 plants (SIPCO 1, 2, 3), Jeddah HQ, and, 20 branches.  Follow up prices for all buying and report to management about any variance (abnormal prices) PPV.  Wastage calculation and comparing it to the standard level in similar manufacturing to identify whether the waste is above standard or not. propose methods to decrease it.( Production Consumption Variance).  Supervise monthly, and sudden physical inventories.  Make report for expired material for next three months and contact with planning to finalize it on time.  Monitor & approve the replacement of Pepsi cola Concentrate from PCI (Pepsi-Cola Intl’) factory, Cork, Ireland.  Control & Record the Sales of Scrap,.  Supervise write off expired material and finish products in all inventories,  Working on LN system, regarding inventory as well as inventory controller, monthly physical count, material analysis, closing entry JV(Journal voucher), Items cost, inventory variance and follow up analysis from production ( Production work orders ) , shortage material and inventory adjustment.  Follow up KPI” Key Performance Indicator”.  Assist in budget preparation for product costs and forecasted material requirements at major budgeting periods.  Material used var. and consummation for all products (Production work order and Shortage report).  Follow up cost update (Cost rollup) (Revaluation).  Review a comparison between actual materials consumption and standard rates.  Follow up record the scrap pack material (return to suppliers) based on the correct PO.  Prepare General Ledger entries (JV )for inventory, and costing accounts.  Reviews, investigates, and corrects errors in financial entries, documents, and reports  Supporting documents for Department of Zakat and Income Tax (DZIT).  Supporting documents for External Audit.  Calculate any required new study on productivity.  Cooler control based on documents required, average sales, and follow up authorization.  Follow up Concentrate, Finish Product and materials destruction.  Follow up Trail Balance for accounts and review accounts have abnormal number.  Follow up Shortage of material (Production Work Orders) and var. between actual and system stocks.  Follow up OPEX (Operation Expenses).  Follow up slow moving material and spare parts.  Follow up all transactions based on reason codes.  Reconciliation between Sub ledger and General Ledger and highlight the variances.  Managing, Training & developing people .

Cost Accountant, Inventory Controller S.VFull Time

• Job Details:Inventory Control, Material cost control, factory expenses control, book keeping and review in day to day transaction for inventories and provides factory manager with all variances, and solves any problem in back flush and confirm authorization and saving documentation.  Review issue and receive raw material, packaging material, indirect material and spare parts. and confirm authorization daily.  Follow up prices for all buying and report to management about any variance (abnormal prices).  Review received and issued FG among WH, WIP, Gift ,Samples, Export and Local sales.  Record, review supplier movement from PO, invoice and WH addition voucher.  Update, review any change in components for all Skus (Recipe).  Evaluating Inventory costing starting from buying the raw materials through the whole manufacturing process until reaching the final product.  Wastage calculation and comparing it to the standard level in similar manufacturing to identify whether the waste is above standard or not. Propose methods to decrease it.  Prepare and supervise monthly physical inventories.  Making sudden physical inventories.  Bank reconciliation.  Make report for expired material for next three months and contact with planning to finalize it.  Control & Record the Sales of Scrap, and issue scrap sale invoices.  Follow up over weight for all skus and make report for loss or gain with value  Follow up electric & natagas & water consumes and makes report based on production volume.  Prepare and supervise write off expired material and finish products in all inventories,  Working on Oracle app, MFG pro, regarding inventory as well as inventory controller, monthly physical count, material analysis, accruals, closing entry, cost center, inventory variance and analysis for all issue unplanned.  Record & follow up KPI” Key Performance Indicator”.  Assist in budget preparation for product costs and forecasted material requirements at major budgeting periods.  Calculation of actual cost occurred during the month.  Material used var. and consummation for all products.  Fixed assets analysis (historical cost, depreciation and current cost).  Cost update (Cost rollup)  Preparing a comparison between actual Materials consumption and Standard rates on MFG  Add and update new BOMs  Record the scrap Pack Material (return to suppliers)  FG Volume YTD by sku.  Prepare General Ledger entries for materials accounts.  Supporting documents for Tax department.  Calculate any required new study on productivity.