Please turn on your javascript Mohamed Sherif - Chief accountant - Al Hammad Holding - Riyadh, Saudi Arabia

Summary

Supported by a high level of ethical values, Work experience, Self-commitment and Professional certificate. I am looking for a competitive position in a prestigious company and an opportunity to apply my skills and experience in a progressive and challenging environment that offers the promise of advancement and development and enhances diversity and respectfulness.

Projects

Standard Costing & Master Budget

Experience

Company Logo
Chief accountant
Al Hammad Holding
Oct 2015 - Present | Riyadh, Saudi Arabia

Duties performed throughout my career:
A-Financial accounting duties which include:
1. Maintain accurate and up to date financial records, by Recording, classifying, and summarizing the financial transactions and events in accordance with Saudi accepted accounting principles (SOCPA) and financial reporting standards starting from single entry and ending with trial balance.
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2. Prepare the fundamental and basic duties such as the designing of Chart of Accounts as well as the accounting policies, terms and work flow regarding the different aspects such as Revenue recognition, Expense Accrual basis and inventory cost flow methods FIFO, LIFO, WAVG, Specific identification or Inventory accounting method periodic or perpetual etc... Which enhance the internal control over financial reliability and safeguarding of the company assets.
3. Prepare monthly, quarterly and annual financial required reports including the financial statements, accompanied by reconciliations, schedules, notes, and tables.
4. Prepare the full set of financial ratios and the deep explanation for each ratio and the required comparison For Liquidity ratios, Solvency, Activity and profitability, and ROA ROE using Dupont model.
5. Coordinate the maintenance of fixed asset records and accounting including the periodic Physical inventory of assets.
6. Compute and payment of staff salaries and other dues.
7. Provide the management or my direct manager with an organized and accurate report regarding all my duties on daily, weekly, basis and quarterly basis using a special Reporting directory.
8. Give the support, training and necessary help for the newly appointed and junior accountants following and review their duties, entries, reconciliation etc...
B. Managerial and cost accounting duties which include:
1. Develop the annual full set of operational and financial budgets including Sales budget, Production budget, Purchasing & inventory budget, manpower budget, cash budget etc... using many met

Company Logo
Chief Accountant
Al Maha Plastic Co.
Oct 2010 - Sep 2014 | Riyadh, Saudi Arabia

B. Managerial and cost accounting duties which include:
1. Develop the annual full set of operational and financial budgets including Sales budget, Production budget, Purchasing & inventory budget, manpower budget, cash budget etc... using many methods like Zero based (ZBB), ABB and project budget to avoid budgetary slack and ensure that the budget well prepared, Plus the related tables and proforma financial statements, in accordance with the assigned target from the strategic objective and all the beyond Budget reports and analysis including the full set of variance analysis and explanations needed and performance measurement tools.
2. Planning including strategic, mid-term and short term planning, which will support the overall goal of the organization, using different models in planning and analyzing such
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as Porter model and PESTEL analysis to study and advice about different projects, Moreover I have an experience in the establishing long-term vision e.g. 2030 Vision for a big company and i had shared effectively in a refresh strategy task.
3. I have a good experience in benchmarking, activity analysis and historical data studying to advice about the best practice in the industry and to enhance the 3E’s EFFECTIVENESS, EFFICIENCY and ECONOMY in the different activities.
4. High efficiency in managing the capital structure components especially working capital management (inventory, cash, receivables, etc.., and design the required polices which enhance the efficiency for example inventory turnover and categorization to families.
5. Cost Management including classification, calculation and advice about the different aspects of the cost management department,
1) Cost classification and identification of all the cost or expenses or expenditure elements, and its behaviour either Direct or indirect, Fixed or Variable o, Prime cost or conversion cost, Semi variable or super variable etc... as well as the cost object and cost drivres.
2) Cost calculation usi

Education

Institute of Management Accountants
Certification, ‎
Managerial Accounting
Completed
2017
Mansoura University
Bachelor, Bachelors, Bachelors in Commerce, ‎
Grade A
2008

Skills

Expert Cost Variance Analysis
Expert Oracle
Beginner Working Capital Management

Languages

Expert Arabic
Expert English