Amr Abd Ellatif

Experience

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  Olympic Group

  Sept 2009 - Jan 2013

  Costing Analyst

  • Extract and Manipulate data to form Cost Accounting Databases for all sites.• Gather and Analyze Production Cost & Expenses.• Calculate & Analyze Cost of Goods Sold.• Formulate the Equation of Production.• Analyze Variances between Actual and Budgeted Cost.• Assist in the Oracle System - Costing Database Review.• Determine and implement Cost accounting procedures and methods.• Responsible for the preparation and analysis of cost reports and audits. • Examines and reviews unusual cost records and ensures cost.• Review financial documents prepared by Costing managers.• Establish data base for Cost of unit analysis monthly, quarterly and yearly for each plant.• Analyze Bill of Material per category and per item for all sites.• Design and develop more complex databases.• Consult with Costing / Finance managers to ensure that budget adjustments are made in accordance with Costing changes.• Seek new methods to improve efficiency and effectiveness in all costing records. • Conduct and Review cost reduction studies.• Develop and enhance cost forecasting models for all sites.• Check foreign currency rates and its effect on cost.• Liaise with costing managers in all plants to develop required report.• Analyze the G&A (General and Administrative) expenses for all sites.• Provide data regarding the opportunity costs of certain decisions made by the Executive Board.• Analyze the annually increase/ decrease in the cost on plant and whole group level.• Set reconciliation between overhead costs per unit and general ledger.• Calculate and analyze the cost of goods sold for each site and set benchmarks.• Calculate and review the beginning and ending inventory on plant and whole group level.• Analyze the contribution of the inventory value in the unit cost on plant and whole group level.• Reporting to the Group Costing Manager Show less

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  Electrolux Group

  Jan 2013 - now

  Part of the Center of Excellence (CoE) and financial transformation journey, CoE is divided to functions (Sales & Marketing, Group Functions and IT, R&D, Operations and Service delivery), within Operations, we are working on financial transformation of all factories, warehouses and Logistics.Main Responsibilities:• Driving finance transformation, process standardization and implementing improvements within the area of Business Control and financial planning, reporting and analysis• Actively interacting with stakeholders in the business and functions by developing and providing innovative, quality services with a strong business focus• Analyzing and interpreting data and producing meaningful reports and insights for decision-making.• Leveraging data analytics and visualization tools to deliver insights on operational trends within the business.• Managing a team of Business Analysts. Ensuring development and availability of talent• Executing Reporting and Analysis processes in accordance with FP&A CoE Operating Model.Few key accomplishments include:• Building the Standard offering for Operations.• Assisting in PowerBI reports for the Group Operations review, Group Structural Cost follow-up.• Full process renovation: Structural Cost, providing more data visibility and analysis needed for Group Management.• Streamlining the Mix Adjusted variable cost to the different Business Areas.• Utilizing AARO to streamline some reporting done by different entities for easier analysis and consolidation by the Business analysts. Show less • A part of the finance operations Egyptian controlling community and act as an integral team member focused on delivering right analysis, reports and recommendations from the all plant.• Prepare of month/quarter closing reports according to Group requirements.• Track all factory’s’ Fixed and Variable expenses on account and cost center level.• Track saving projects related to all factories fixed and variable expenses.• Prepare all factories fixed and variable expenses budget as well as budgeted efficiency.• Liaising with other functions to generate the saving projects in accordance to Electrolux global strategy. • Measure and Control all factory’s’ conversion and Direct Material cost as well as inventory.• Preparing in depth and summarized analysis required by central controlling. • Calculate the financial impact of new required engineering changes.• Track Research and development activity plan.• Track all factory’s’ KPIs and follow up related action plans.• Measure, report and closely monitor the factory’s’ efficiency on monthly basis.• Responsible for reporting budgeted expenses and efficiency.• Track all deviations in unit cost and measure the production mix impact on unit cost Show less • Monitoring and analyzing the company’s performance through management reports. • Receiving the budget estimates from all the departments of the organization and critically examining them for correctness, accuracy and completeness.• Consolidating the data for budget presentation and also providing an overview of the financial status of all the operations.• Rendering financial advice to the management officials of different operations, to undertake proper financial planning and decision making.• Submitting budget reports to the higher management of the organization.• Monitoring the budget throughout the year through a set of reports.• Preparing detailed reports pertaining to Variances that occurred in the budget, during the entire financial year.• Help in projecting future financial needs, taking into considerations the various projects undertaken by the organizations. Show less

  • Senior Business Controller, BA Controlling, Europe & APMEA

    Oct 2024 - now

  • Business Controller FR&A Center of Excellence, Operations

    Jan 2022 - Oct 2024

  • OEM Controller - Business Area Europe

    Aug 2019 - Jan 2022

  • Senior Business Analyst Industrial Operations, Electrolux Major Appliances , EMEA

    Jun 2017 - Aug 2019

  • Regional Senior Business Analyst Industrial Operations, Electrolux Major Appliances , EMEA

    Feb 2016 - Jun 2017

  • Senior Business Analyst Industrial Operations Controlling

    Jan 2014 - Feb 2016

  • Business Analyst Industrial Operations Controlling

    Jan 2013 - Jan 2014
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  Electrolux - Delta Electrical Appliances Factory

  Jan 2014 - Jan 2015

  Conversion Cost Controller

  • A part of the finance operations Egyptian controlling community and act as an integral team member focused on delivering right analysis, reports and recommendations from the plant.• Prepare the Monthly reporting and analysis required by the Factory controller.• Prepare the Quarter estimates and Budgeting throughout the year• Track factory Fixed and Variable expenses on account and cost center level • Track saving projects related to factory fixed and variable expenses • Liaising with factory functions to generate the saving projects in accordance to Electrolux global strategy • Measure and Control factory conversion cost • Monitor and valuate the effect of changing production routes standard rates• Preparing of non-standardized data and analysis required by Central Dept. Show less