Summary
Overview
Work History
Education
Skills
Attributes
Timeline
Receptionist
Mamdouh Magdy

Mamdouh Magdy

Team Leader Cost Accountant
Hautat Sudair ,Riyad

Summary

Accurate and detail-oriented cost accountant with seven years of extensive experience and a comprehensive background in P&L statements, conducting detailed cost analysis, and developing costing systems. Seeking a position as an active employee, contributing to the success of the company and working collaboratively with team members to achieve advancement and growth. Eager to leverage technical and professional expertise to excel in the role of a cost accountant.

Overview

10
10
years of professional experience

Work History

Cost Accountant

Daajan Holding Company
11.2024 - Current
  • Maximized profitability with detailed product costing analysis, enabling data-driven decision making for pricing strategies.
  • Managed month-end closing activities efficiently, ensuring accurate and timely financial reporting.
  • Supported annual budget preparation by providing detailed historical data analysis and projecting future trends in costs and revenues.
  • Ensured accurate allocation of labor costs by developing a robust job costing system and monitoring timekeeping records.
  • Assisted in external audit engagements, ensuring timely completion and compliance with accounting standards.
  • Collaborated with cross-functional teams to identify areas for operational improvements, resulting in significant cost reductions.
  • Monitored cost standard performance to confirm that costs met budget cost parameters.

TEAM LEADER COST ACCOUNTANT

Juhayna
02.2021 - 10.2024
  • Maintaining cost accounting system
  • Setting and update the allocation system of indirect costs to apply most efficient costing methods and accumulation systems which guarantee better accuracy and allocation of the cost
  • Verify and develop the standard costing systems, starting with accurate, verified and dependable BOM
  • Preparing feasibility studies for new or amended products or projects and its impact in the year end P&L
  • Perform the monthly allocation of expenses and monthly closing entries
  • Validate the cost of goods sold
  • Analyzing actual costs and preparing monthly reports comparing actual cost to standard cost
  • Inventory control and conducts physical inventories
  • Preparing actual monthly P&L comparing to budget
  • Participate with technical departments to prepare the operating budget
  • Coordinate with IT department for system development

COST ACCOUNTANT

Cellopack For Packaging industries
08.2015 - 01.2021
  • Setting price for each sales order according to customer needs
  • Examine standard costs against actual costs to identify inefficiencies, opportunities and profitability of job orders for each product
  • Preparing monthly, quarterly and annual cost accounting reports
  • Oversee internal documentation to ensure and maintain high level of inventory control
  • Conduct quarterly physical inventories and preparing inventory valuation reports
  • Collaborate with department managers to analyze costs

Education

Bachelor of Accountancy - Faculty of Commerce English Section

Assuit University

Skills

SAP User

Attributes

  • Active, quick to learn with good analytical thinking.
  • Excellent ability to prepare reports and business correspondence.
  • Strong organizational, problem-solving, and analytical skills.
  • Ability to work independently and as well as a member of the team.
  • Ability to understand and follow written and verbal instructions.
  • Trustworthy individual with strong ethics and integrity.

Timeline

Cost Accountant

Daajan Holding Company
11.2024 - Current

TEAM LEADER COST ACCOUNTANT

Juhayna
02.2021 - 10.2024

COST ACCOUNTANT

Cellopack For Packaging industries
08.2015 - 01.2021

Bachelor of Accountancy - Faculty of Commerce English Section

Assuit University

Similar Profiles

CREATE PROFILE
Mamdouh MagdyTeam Leader Cost Accountant