AHMED M. HASSANSaudi Arabia, Al Khobar, Olaya

Cell: +966 59 444 6564ahmed.hasan.acc@gmail.comIM: Ahmed.hasan.ass (Skype)

SUMMARY Leveraging 8 years of experience in the field of accounting and finance, CMA candidate with experience in FMCG including food & beverage industry. Familiar with all aspects of process improvement, management and financial reporting, inventory and job cost, GL reporting, budget & variance analysis, financial modeling as well as consolidations reports. Keen understanding of IFRS & SOCPA, wide knowledge of different ERP systems especially Oracle as well as strong focus on all OPEX lines and creating a cost sensitive culture. An efficient communication, planning, presentation, problem solving skills, team leadership & teamwork, ability to work independently and multi-tasking.

EDUCATION/LICENSURE B.S.Business Administration, (Accounting)Cairo University, Egypt 2006

Certified Financial Modeling Master Class, CFM 06/2012IABFM, Leoron Professional Development Institute

PROFESSIONAL EXPERIENCE

Al Jomaih Beverage Company (ABC) - Pepsi Cola, KSA, Al Khobar Jan. 2014 – Present A business partner of Pepsi Cola International in Saudi Arabia, manufacturer and distributor of Pepsi, 7Up, Mirinda, Mountain Dew &

Aquafina brands.  Asst. Accounting Manager (Acting As Accounting Manager) Consolidate, revise and submit to the Finance Manager monthly, quarterly and year-end financial statements to ensure

accuracy of records. Develop and propose financial policies & procedures and update them according to business needs to maintain controlled

workflow. Review and update the chart of accounts and cost centers to ensure accuracy of reports. Coordinate with external auditors to facilitate their review of financial statements.

Al Jomaih Bottling Plant (ABP) - Pepsi Cola, KSA, Al Riyadh Jan. 2013 – Jan. 2014A business partner of Pepsi Cola International in Saudi Arabia, manufacturer and distributor of Pepsi, 7Up, Mirinda, Mountain Dew &

Aquafina brands. Costing Supervisor Led, developed & implemented the standard costing system. Maintained effective control over various classifications of inventory accounts. Generated a monthly cost of sales report. Coordinated B.O.M. (Bill of Material). Priced of imported, local and process materials. Allocated labor and overhead costs at different production stages. Controlled a physical annual inventory and stock evaluation. Prepared the quotation and feasibility reports. Worked with Finance Manager to support the preparation of annual operating budget of the company. Worked with Sales / Marketing department to provide accurate financial analysis for pricing of different products. Worked closely with IT Department to ensure effective costing system.

Al Jomaih Bottling Plant (ABP) - Pepsi Cola, KSA, Al Riyadh Sep. 2010 – Dec. 2012A business partner of Pepsi Cola International in Saudi Arabia, manufacturer and distributor of Pepsi, 7Up, Mirinda, Mountain Dew &

Aquafina brands. Senior Cost Accountant Incorporated Bill of Material (BOM) in system based on the information provided by Production Department. Reviewed & updated BOM periodically for changes in consultation with Production Department.

Reviewed & monitored production orders made at different production stages for verification as per BOM and variance should be investigated immediately.

Closed production orders in timely basis. Kept track of raw material price changes. Maintained proper job order / standard costing system. Managed timely monthly closing and reported process related to manufacturing accounting and costing. Ensured that inventories are accurately valued. Coordinated with production department for an effective cycle count program to ensure accuracy of perpetual inventories. Planned, coordinated and led periodic physical count of inventory. Conducted slow moving and obsolete inventory analysis and recommend provision in compliance with the company policy. Established re-order levels and economic order quantity (EOQ) for key raw materials. Ensured to keep optimum inventory levels for effective working capital management. Closely monitored the Actual waste of materials & report any major variance immediately. Provided financial analysis and insight into the following areas:

o Product Costs o Product Gross Margin o Customer Gross Margin o Operational Costs (Labors & Overhead) o Materials Variances (Quantity, Usage and Price) o Capacity Utilization o Operational Cost Variances o Fixed and Variable cost analysis for breakeven point

Worked with Finance Manager to support the preparation of annual operating budget of the company. Worked with Sales / Marketing department to provide accurate financial analysis for pricing of different products. Worked closely with IT. Department to ensure effective costing system.

Al Jomaih Bottling Plant (ABP) - Pepsi Cola, KSA, Al Qassim Oct. 2008 – Sep. 2010A business partner of Pepsi Cola International in Saudi Arabia, manufacturer and distributor of Pepsi, 7Up, Mirinda, Mountain Dew &

Aquafina brands. Inventory Accountant Prepared journal entries for month end closing  Performed backup inventory control; and assisted with physical inventories. Performed other duties as assigned. Ensured accuracy of accounting data that all financial and accounting transactions are recorded in compliance with GAAP. Ensured that transactions related to inventory are posted correctly. Counted variances review, along with actual inventory, to record these variances. Investigated variances that seem out of line, to avoid fraud within the company. Bill of Material (BOM) in system based on the information provided by Production Department.

Mobile Shop, Egypt, Cairo July 2007 – Sep. 2008 Online shopping from Egypt biggest selection of electronics, Mobiles, software, apparel and accessories, tools, hardware, house wares, books, magazines. Inventory Accountant Compiled and analyzed financial information to prepare entries to accounts, such as general ledger accounts, and

document business transactions. Established, maintained, and coordinated the implementation of accounting and accounting control procedures. Analyzed and reviewed budgets and expenditures for local, state, federal, and private funding, contracts, and grants. Monitored and reviewed accounting and related system reports for accuracy and completeness. Prepared and reviewed budget, revenue, expense, payroll entries, invoices, and other accounting documents. Analyzed

revenue and expenditure trends and recommended appropriate budget levels, and ensured expenditure control. Resolved accounting discrepancies. Recommended, developed and maintained financial data bases, computer software

systems and manual filing systems. Supervised the input and handled of financial data and reports for the company's automated financial systems. Interacted

with internal and external auditors in completing audits.

Raya Holding, Egypt, Cairo June 2006 – June 2007Raya Holding manages 10 subsidiaries and owns stakes in leading companies from various industries. Besides leading the information technology and consumer electronics market in Egypt, the Middle East and Africa since 1999. GL Accountant Responsible for timely closing and analysis of all financial statements. Prepared month – end closing procedure, including review of GL entries, preparing accruals, Monthly amortization of

prepaid expense, Monthly provision and other closing journal as necessary Handled the accounting procedures, beginning with posting journal entries, maintaining general ledger, reconciling GL

accounts with sub modules (AP/AR/Inventory), reconciliation with intercompany, preparing trial balance of books along with various financial reports concluded with financial statements.

Prepared sales trend analysis (value and volume) and COGS analysis, prepared contribution margin and operating income analysis.

Provided management with monthly, quarterly & annual financial data and provided assistance to the external auditors. Ensured accuracy of accounting data that all financial and accounting transactions are recorded in compliance with GAAP. Prepared monthly Actual & budget variance analysis reports.

SKILLSProficient in Oracle r12, Advanced Excel, Microsoft Office, Financial Modeling using VBA, International Accounting and Auditing Standards, Communication & Interpersonal Skills and Workshop on Time Management.