Summary
Work History
Education
Skills
Languages
Timeline
Overview
Generic
MOHAMED HAMDY

MOHAMED HAMDY

Jeddah,Mecca Region

Summary

Accomplished financial management and accounting professional with 8 years of demonstrated positive impact company growth. Proven skill in employing accounting and financial management best practices and team leadership. Committed to introducing changes to achieve continuous improvement and successfully influencing processes driving operational excellence.

Work History

Head of accounting

Maan For Catering Services Co.
Jeddah, Mecca Region
06.2021 - Current
  • Preparing monthly, quarterly, and annual financial reports, ensuring timely and accurate decision-making.
  • Manage and oversee daily operations of accounting department including billing, account receivable, account payable, general ledger, cost accounting, inventory accounting, revenue and expenditure.
  • Participate in Financial planning and forecasting process.
  • Manages preparation of requirements for Tax, and VAT
  • Cash management activities, monitoring and analyzing inflows and outflows to maintain optimal liquidity.
  • Supervise and mentor accounting staff, providing guidance and support to achieve team goals and individual development.
  • Developed and implemented internal controls to mitigate financial risks, resulting in reduction in fraudulent activities and improved compliance with regulatory requirements.
  • Collaborated with cross-functional teams to analyze and optimize cost-saving opportunities, resulting in decrease in operational expenses .
  • Analysed financial performance to implement key improvement strategies.
  • Determined problem areas and resolved issues related to profitability and KPI achievement.
  • Responsible for Fixed Asset Management.
  • Follow-up on collections, compensations and sales of delivery programs (Hungerstation , Jahez ,etc..

Senior accountant

Al-Shahin Holding co.
Riyadh, Riyadh Region
10.2018 - 06.2020
  • Prepared and presented monthly financial Reports (Profit and loss accounts, cash flows, monthly management accounts, variance analysis, and commentaries.
  • Review and post journal entries
  • Reconciliation of G/L accounts on monthly basis
  • Monitor accounts payable (A/P) and accounts receivable(A/R)
  • Receive and verify invoices for goods and services with purchase orders and product receipts.
  • Prioritize AP balances based on sensitivity and coordinate with FM for payments/cashflow projections
  • Prepare schedule of prepayments and ensure payments are up to date, and according to maturity date "age-wise statement", and process payment transfer request
  • Identify potential VAT issues, values, and report (A/P Part).
  • Daily bank transactions posting and prepare monthly bank reconciliations
  • Maintain and review petty cash custody
  • Followed up on past due accounts to collect outstanding balances.
  • Balance confirmation for customers and suppliers
  • Contract management
  • Performing credit checks to minimize risk of debt.
  • Collecting and analyzing data about company’s operational costs

Cost accountant

AL Shahin Metal Industries co.
Riyadh, Riyadh Region
02.2016 - 09.2018
  • Track all product costing estimates for both new and existing product formulations
  • Plan projects and collect data to determine costs of business activity such as raw material purchases, inventory, and labor usage, waste.
  • Analyze costing information and collaborate with sales and finance teams to establish customer pricing
  • Setting up standard cost for labor overhead and bill of material.
  • Using appropriate costing methodologies to recognize, determine, accumulate, and report costs of activities.
  • Report on margins by product and product category.
  • Validate COGS as part of month -end close.
  • Preparation monthly manufacturing material, labor, and overhead cost variance analysis reports.
  • Coordinate supply chain, receiving, inventory flow, operations process, and manufacturing principles.
  • Assist in preparation of forecasted P&L reports Preparation of periodic, actual, and forecast, sales reports
  • Break -even point preparation
  • Reconcile inventory accounts to general ledger and maintain accurate Raw Materials, WIP, and Finished Goods Inventories.
  • Plan and manage monthly cycle counts and annual physical inventories.

General accountant

AL Shahin Metal Industries co.
Riyadh, Riyadh Region
09.2014 - 01.2016
  • Proficiently entered and recorded daily transactions into company's system, ensuring accuracy and timeliness.
  • Thoroughly revised suppliers' accounts, ensuring timely payments and accurate financial reporting.
  • Managed sales and purchase ledgers, maintaining accurate records of all transactions.
  • Managed bank account transactions, including internal and external transfers.
  • Compiled and analyzed account information to accurately record asset, liability, revenue, and expenses entries.
  • Executed invoicing, sales, and revenue reporting.
  • Executed monthly closing entries to ensure accurate financial records.
  • Performed monthly bank reconciliation tasks.

Education

Bachelor of Commerce - Accounting

Al-Azhar university
CAIRO
06.2013

Skills

  • Microsoft office skills
  • Technical Analysis
  • Operational Planning
  • Strategic Planning
  • Systematic decision-making
  • ERP software
  • Financial analysis
  • Budgets and forecasting

COURSES

- CMA Sep 2019 PART 1 (SCORE 320)
- Oracle Financial Application R12
- Computerized accounting course
- Basic of pricing- Udemy

Languages

Arabic
Native
English
Advanced (C1)

Timeline

Head of accounting

Maan For Catering Services Co.
06.2021 - Current

Senior accountant

Al-Shahin Holding co.
10.2018 - 06.2020

Cost accountant

AL Shahin Metal Industries co.
02.2016 - 09.2018

General accountant

AL Shahin Metal Industries co.
09.2014 - 01.2016

Bachelor of Commerce - Accounting

Al-Azhar university

Overview

9
9
years of professional experience
MOHAMED HAMDY