Mohamed Hosny

Experience

• 

  Delta Masr Group (DMG)

  May 2011 - Apr 2016

  - Post and review all expense entries, journal entries for HQ - Review and audit all branches expenses entries posted to the system to ensure they are coded accurately.- Make adjustment entries needed for month end close- Review Sales and Distribution expenses which are prepared by sales accounting department.- Present the required financial reports on timely and accurate basis.- Assist in annual / semi-annual audit by preparing the necessary documentations.- Assist Financial Accounts Manager in any financial projects as May require.- Prepare monthly as well as yearly accrual sheets.- Ensure that all data entered in the balance sheet and P&L are adequate with the standards. - Compare between the trial balance and the P&L and balance sheet. Show less Provide accurate, reliable and timely product costing and to ensure the integrity of standard costing within the division. Provide accurate and timely reports on factory floor efficiency variances.To assist in the month end process and to ensure that stocks are accurately reflected in the accounts. And that the physical count will be done according to policies and procedures of the company and reviewing book balance with Physical count.• Analysis and Monitoring of Inventory accounts :-Raw materials inventory.Packing materials inventory.Finished goods inventory.Consumed materials inventory.Spare parts inventory.• Analysis the monthly expenses by cost centers & elements Level .• Analysis add cost : Bank Charges Fees , Transportation , Customs , Clearance and Realized foreign Exchange Gain .• Control standard cost for raw materials and packaging.• Validate the value of all current stocks on hand in all relevant locations; this refers to valuation and the integrity of the corresponding balance sheet representation of raw materials and packaging.• Continuous review of the adequacy of stock provisions in respect of faulty, aged or obsolete stock items.• Ensure compliance with company financial policies relating to stock management and assist in maintaining proper documentation of internal controls as required.• Preparing Inventory Equation .• Preparing stock count schedule Show less

  • GL Accounting Supervisor

    Jan 2015 - Apr 2016

  • A/P Accounting Supervisor

    Jan 2014 - Apr 2016

  • Senior Cost Accountant

    May 2011 - Jan 2014
• 

  Edita Food Industries

  Apr 2016 - now

  Enhance the overall performance of operation invoices processes through effective interfaces with other functionsReceive invoices from vendors and record them on SAP by review the 3-way match reconciliationPrepare vendor payments and improve the payment processReview employees’ expenses claims according to company policyCreate a collective expense report.Reconciles processed work by verifying entries and comparing system reports to balances.Verifying vendor accounts by reconciling our statement with vendor statementAssist in Monthly closingMonthly reconciliation intercompany BalancesIssue monthly KPI’s reportsReview vendor payment terms regularly and make analysis of A/P payment termsFollow up with all authorized signatories to sign all checks for all CBU’s Provide supporting documentation for audit.Archive all supporting documents related to AP with high efficiencyTeam leading Show less Enhance the overall performance of operation invoices processes through effective interfaces with other functionsReceive invoices from vendors and record them on SAP by review the 3-way match reconciliationPrepare vendor payments and improve the payment processReview employees’ expenses claims according to company policyCreate a collective expense report.Reconciles processed work by verifying entries and comparing system reports to balances.Verifying vendor accounts by reconciling our statement with vendor statementAssist in Monthly closingMonthly reconciliation intercompany BalancesIssue monthly KPI’s reportsReview vendor payment terms regularly and make analysis of A/P payment termsFollow up with all authorized signatories to sign all checks for all CBU’s Provide supporting documentation for audit.Archive all supporting documents related to AP with high efficiency Show less 1. Review the transaction prepared by the accountants before posting it to the ledger2. Review the cost code used & correct it if needed to keep the record presented with high quality & accuracy.3. Prepare the various daily payment vouchers4. Make the monthly reconciliation for the petty cash report.5. Allocate the expenses vs. budget as a control point & prepare the required notes for the expenses by cost center, with the justification for any out of budget cost.6. Prepare the monthly accrual required to keep the accrual basis activated.7. Follow-up on any advances paid to other parties and adjust at the right time as well as report for any outdated refunds Show less

  • Account payable Deputy Manager

    Jan 2024 - now

  • Accounts Payable section head

    May 2022 - Apr 2024

  • Accounts Payable Supervisor

    Sept 2019 - Apr 2024

  • Accounts Payable Senior Accountant

    Jan 2018 - Aug 2019

  • Senior Accountant

    Apr 2016 - Jan 2019