Mahmoud Eldomany, CMA

Experience

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  Elsersy Co. for Plastic products

  Oct 2012 - Nov 2016

  General Accountant

  - Prepares asset, liability, and capital account entries by compiling and analyzing account information.- Documents financial transactions by entering account information.- Recommends financial actions by analyzing accounting options.- Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.- Substantiates financial transactions by auditing documents.- Prepares payments by verifying documentation, and requesting disbursements.- Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.- Maintains customer confidence and protects operations by keeping financial information confidential.- Maintains professional and technical knowledge by attending educational workshops; reviewing - professional publications; establishing personal networks; participating in professional societies.- Accomplishes the result by performing the duty.- Contributes to team effort by accomplishing related results as needed. Show less

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  Hadaf Solutions

  Dec 2016 - Jan 2019

  Senior Accountant

  Responsibilities : - Perform financial analysis and reporting to management as needed.- Perform month-end accounting activities such as reconciliations and journal entries.- Coordinating accounting functions and programs.- Preparing financial analyses and reports.- Preparing revenue projections and forecasting expenditure.- Assisting with preparing and monitoring budgets.- Maintaining and reconciling balance sheet and general ledger accounts.- Assisting with annual audit preparations.- Investigating and resolving audit findings, account discrepancies, and issues of non-compliance.- Contributing to the development of new or amended accounting systems, programs, and procedures.- Performing other accounting duties and supporting junior staff as required or assigned. Show less

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  Eastern Factory for Cement Products (Almudayfer Investment Group)

  Mar 2019 - Oct 2021

  Senior Accountant

  Responsibilities :-Summarizes financial status by collecting information and preparingbalance sheet, profit and loss, and other statements.-Completed month and year-end close procedures, and reconciled allbank accounts.- Verify, allocate, post and reconcile accounts payable and receivable .- Spot errors and suggest ways to improve efficiency and spending .- Inventory Management.- PP&E (Fixed Assets) – Recording Purchases and DepreciationEstimation, and Testing For Impairment + Physical CountSupervising.- Prepared documents, reports and presentations for executives andboard members using advanced software proficiencies.- Provide guidance to other Accountants when needed.- Developing cost standards for materials and labor.- Designing and implementing cost accounting systems.- Analyzing production costs and recommending changes.- Cooperated with senior leaders to create operating budgets andinitiate financial planning.- Monitor expenditures, analyze revenues and determine budgetvariances and report the same to management.- Suggested budgetary changes to increase company profits.- Prepare Financial Ratios Analysis, Monthly, Quarterly, and Year Endand giving recommendations. Show less

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  United Chemical Comapany (SIDCO)

  Nov 2021 - Oct 2022

  Senior Accountant

  -Managed and prepared journal entries and reconciliations tosupport monthly general ledger closing activities.-Summarizes financial status by collecting information and preparingbalance sheet, profit or loss, and other statements.-Partnered with auditors to prepare yearly audits and ensurecompliance with accounting standards.-Analysed monthly reporting to reconcile production operations andgeneral ledger.-Created quarterly and yearly balance sheets to track financial trendsand performance.- Created periodic reports comparing budgeted costs to actual costs.- Verify, allocate, post and reconcile accounts payable and receivable .- Performing other accounting duties and supporting junior staff asrequired or assigned. Show less

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  United Chemical Company (SIDCO)

  Oct 2022 - now

  Budget & Cost Control System Leader

  -Assists in the development of the companys overall budgetdocument, and at the departmental level, providing advice andanalysis to increase the efficiency of the companys spending.-Assists in the creation and further development of the revenuemanual, budget preparation manual, budget policies andprocedures manual, and other documents as needed.-Assists budget manager by conducting various surveys, research,data analysis, cost-benefit analyses, and expenditure and revenueforecasting.-Assists with projecting future financial needs and collaborates withbudget manager and other management personnel to prepare longtermfinancial plans, and other budget and financial reports.-Makes recommendations to improve companys fiscal efficiencybased on interpretation and organization of financial information.-Presents budget analysis and recommendations to upper levelmanagement at the beginning of each budgetary cycle.-Develops, organizes, and maintains files, documents, and materialsrelating to budgetary practices according to companys policies.-Oversees and compares departmental expenditures to originalbudget.-Attends and actively participates in committees, professionalgroups, and seminars to stay current regarding new developmentsand trends in budgeting and finance.-Provides information and answers to departments regardingbudgets, forecasts, surveys, financial trends, and other requested Show less