Mohamed K.

Oversaw inventory review and monthly analysis, assessed prices and quantities against vendor invoices, and calculated costs for new production orders. Participated in annual budget preparation by supplying cost department data. Conducted analysis of expenditures for financial statement preparation and compared actual figures to revenue data. Applied cost accounting principles to gather and plan data not covered in general accounting systems, including raw materials, inventory, and labor. Analyzed the effects of product design and manufacturing changes on cost and compared standard costs with actual production. Prepared reports for management on product pricing and profitability factors, and maintained real-time cost management systems. Coordinated with auditors for audit completion, ensured compliance-driven variance control, and tracked lot-specific costs using ERP/SAP. Supported cost reduction for recall readiness and packaging. As part of the Financial Analyst Team, processed financial data to identify investments, explained recommendations, utilized software for data analysis and forecasting, and made security recommendations. Responsibilities also included evaluating financial statements, presenting forecast support, preparing financial reports and recommendations, and analyzing business trends.

Built activity-based costing models for electrical panels, breakers, and IoT systems, reviewing direct material, labor, and overhead allocations. Monitored production costs versus standards and reported deviations. Automated waste tracking, integrated Schneider Digital Tools and Softix, and synchronized production data with SAP S/4HANA cost modules. Led zero-based budgeting processes and supported decision-making concerning outsourcing scenarios for assembly.

Structured detailed cost systems for seasonal apparel, distributing budgets among fabric, trims, labor, and overhead. Applied variance analysis for budget management, optimized material sourcing, and used digital tools for process improvement. Deployed Activity-Based Costing for resource allocation, managed pre-costing reviews, and aided strategic planning on seasonal cost trends. Oversaw cost sheet development, coordinated with design teams, and used ERP systems to streamline sample approvals and implement Just-in-Time Material Ordering.

Established cost system rules within Netsis ERP, prepared cost accounting for goods sold, and analyzed budgets and financial results. Controlled inventory, monitored the production process and related quality aspects, and reconciled accounts with the sales department. Reviewed invoice validity and corrections as required. In financial analytics, processed investment information, communicated recommendations to clients, used software for analyses and forecasts, and prepared financial reports. Assessed business and economic data relevant to company performance.

Created a cost department, ensured statutory compliance, analyzed project budgets and expenditures, and collaborated with teams for cost control. Implemented cost management strategies, approved budgets, delivered financial analysis and reports, negotiated with suppliers and vendors for cost optimization, and enforced adherence to corporate policies and regulations.

Prepared business and client financial statements, managed cash flow, monitored budgets, and filed tax returns. Participated in financial investigations, reports, and audit activities, assessed capital investment project risks, and ensured data accuracy in financial reports.

Evaluated client creditworthiness before sales, managed invoicing and recordkeeping, and processed payments. Handled collections for overdue accounts, reconciled AR balances, and generated analytical reports on accounts receivable workflows.

Verified invoice accuracy, recorded them in the accounting system, and facilitated approval processes. Scheduled and issued vendor payments, updated payment records, and ensured accurate financial documentation.

Maintained store financial records, processed and reconciled daily transactions, assisted in financial reporting, and supported COGS calculations. Managed inventory records, reconciled payments, and offered support in audit and compliance procedures.

Supported senior accountants with periodic closings, prepared routine financial reports, and kept financial databases updated. Assisted in payroll and expense reviews, conducted financial statement preparation, managed reconciliations, and processed accounting entries. Compiled monthly statements including profit and loss, cash flow, and balance sheets.

Managed accounts receivable and payables, updated records using accounting software, processed payroll entries, and helped prepare budgets. Analyzed financial statements, supported balance sheet creation, and monitored contract compliance and payment verification for contractor work.