Basic Info

Mohammad Fawzy

14 years

Cairo, Egypt

Bachelor's Degree

Manager

Work Experience

Costing Manager at Misr Glass Manufacturing

Experience Details

Costing Manager

Accounting/Finance

Manager

• Managed the standard costing process end to end.
• Partnered with other teams to build a robust analytical review process surrounding the standard costs of existing products.
• Responsible for compiling the standard cost build files, analyzing, and distributing to and meeting with stakeholders to review and obtain buy-in.
• Responsible for calculating, tracking, amortizing, and journalizing the capitalized cost revaluation changes and capitalized purchase price variances.
• Investigated standard cost updates and monthly Purchase Price variances
• Responsible for the monthly inventory revaluation and Purchase Price Variance reconciliations and forecasts.
• Participated in the Strategic Planning, Financial forecasting, and 5 year planning processes.
• Streamlined and re-engineered the standard cost build and load process to maximize the system driven efficiencies.
• Review financial statements and analyze sales revenues, costs, expenses, and tax rates for all business units of leading process Automation Company.
• Develop detailed spreadsheet to identify trends and develop forecasts. Consolidate and analyze monthly results and budgets.
• Create and deliver presentations, providing recommendations on short and long range.
• Established new forecasting tracking and management reporting system to improve availability and accuracy of financial data.


Company Details

Misr Glass Manufacturing

Qualubia, Egypt

501-1000 employees

Manufacturing

N/A

Oct 2015 to present (1 year 2 months)
Costing and reporting section head at Lokma group

Experience Details

Costing and reporting section head

Accounting/Finance

Experienced (Non-Manager)

• Managed the standard costing process end to end.
• Partnered with other teams to build a robust analytical review process surrounding the standard costs of existing products.
• Responsible for compiling the standard cost build files, analyzing, and distributing to and meeting with stakeholders to review and obtain buy-in.
• Responsible for calculating, tracking, amortizing, and journalizing the capitalized cost revaluation changes and capitalized purchase price variances.
• Investigated standard cost updates and monthly Purchase Price variances
• Responsible for the monthly inventory revaluation and Purchase Price Variance reconciliations and forecasts.
• Participated in the Strategic Planning, Financial forecasting, and 5 year planning processes.
• Streamlined and re-engineered the standard cost build and load process to maximize the system driven efficiencies.
• Review financial statements and analyze sales revenues, costs, expenses, and tax rates for all business units of leading process Automation Company.
• Develop detailed spreadsheet to identify trends and develop forecasts. Consolidate and analyze monthly results and budgets.
• Create and deliver presentations, providing recommendations on short and long range.
• Established new forecasting tracking and management reporting system to improve availability and accuracy of financial data.


Company Details

Lokma group

Cairo, Egypt

N/A

Construction - Industrial Facilities and Infrastructure

N/A

Mar 2013 to Sep 2015 (2 years 6 months)
Managerial Accounting Manager at Idrak Fine Finishing

Experience Details

Managerial Accounting Manager

Accounting/Finance

Manager

• Prepare and monitor project work in progress schedules and reports.
Confer with estimators and project executives on changes and adjustments to cost estimates.
• Prepare projections used by management for purposes such as planning, organizing, and scheduling work.
• Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
• Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
• Set up cost monitoring and reporting systems and procedures.
Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
• Analyze and recap monthly financial statements.
• Analyze general ledger variances.


Company Details

Idrak Fine Finishing

Cairo, Egypt

101-500 employees

Construction - Residential & Commercial/Office

N/A

Jul 2010 to Dec 2012 (2 years 5 months)
Senior cost accountant at ARASCO

Experience Details

Senior cost accountant

Accounting/Finance

Manager

As the last position what I served as a senior cost accountant with the general activities below:
• Applies principles of cost accounting to conduct studies which provide detailed cost information not supplied by general accounting systems.
• Plans study and collects data to determine costs of business activity, such as raw material purchases, inventory, and labor
• Analyzes data obtained and records results, using computer. Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
• Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• May develop and install manual or computer-based cost accounting system.
May specialize in analyzing costs relating to public utility rate schedule and be designated Rate Engineer (profess. & kin.).
• May specialize in appraisal and evaluation of real property or equipment for sale, acquisition, or tax purposes for public utility and be designated Valuation Engineer (profess. & kin.).

Essential Functions/Responsibilities
• Under supervision of Costing Manager, prepare and run cost reports reflecting the financial status of the projects for given geographic area.
• Work with the Operations Management team to identify and forecast financial exposures.
• Work with project staff along with payroll, receivable, subs payable, trade payable, general accounting and purchasing departments.
• • Act as “Internal Auditor” assuring controls are being followed.
• Perform additional assignments per supervisor’s direction.


Company Details

ARASCO

Riyadh, Dammam, Saudi Arabia

N/A

Manufacturing

www.arasco.com

Jan 2002 to Jan 2010 (8 years)

Education

Bachelor's Degree in Accounting

Education Details

Bachelor's Degree

Accounting

Faculty of commerce Ain Shams, Egypt

C / Good / 65 - 75%

N/A

N/A

Faculty of commerce Ain Shams
1997 - 2001
High School - Thanaweya Amma

High School Details

Thanaweya Amma

Tapari Al Hijaz

Egypt

1996

A / Excellent / 85 -100%

N/A

Tapari Al Hijaz
1996

Certifications

Certificate details

Implementationn of ERP Sys

Jul 2009

N/A

N/A

N/A

IIR Insitiuation

N/A

Training and Courses

CPA at AUC
Feb 2011

Training/Course Details

CPA

Feb 2011

AUC

N/A

This profile is fresh!
Last update 3 days ago.

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Profile Skills and Keywords

AccountingAnalyticalCPAConstruction - Industrial Facilities And InfrastructureConstruction - Residential & CommercialCosting And Reporting Section HeadCosting ManagerERP SystemEnglishFinanceHard WorkerImplementationn Of ERP SysInsuranceLeaderManagerial Accounting ManagerManufacturingMicrosoft OfficeOfficePlannerPoliticalProblem SolverReadingSenior Cost AccountantSports

Self-assesed Skills

Languages

English

English

: Advanced

: Advanced

: Advanced

: Advanced

Tools and Technologies

Microsoft Office

Microsoft Office

: Expert

: Extreme - I love it!

:

More than 7 years

ERP System

ERP System

: Advanced

: Extreme - I love it!

:

3-5 years

Fields of Expertise

Accounting

Accounting

: Advanced

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Leader, Planner, Hard worker, Problem Solver

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