Hussein Ibrahim

• Preparation of financial Statements and schedule for annual audit examinations.
• Review and post sub-ledger entries such as AP and AR, post the payroll entries to GL and reconcile any differences between payroll sub-ledger and GL
• Close periods after approving all journal entries and open the next one and ensure that the periodic account closing activities are done on a timely and accurate basis.
• Ensure effective and efficient functioning of monthly financial accounts for Operations
• Preparation annual budgets and analysis cost reports for departments level and products
• Present costing reporting and potential risk areas to senior management.
• Oversee accounting, financial reporting, analysis and preparation of the consolidated financial statements, including schedules for tax compliance.
• Ensure policies and procedures are in compliance with professional standards, state and federal regulatory requirements.
• Establish and maintain internal controls to support the financial infrastructure.
• Provides documentation for cost estimates, analysis, changes, costs impacts, budget tracking and planning support, whether for Product costing or for the departmental cost by each activity à ABC.
• Primary contact for business partners for functional areas of responsibility - and to work closely with operational excellence.
• Development of product cost: material usage, material cost, equipment requirements, and labor.
• Development of product cost: material usage, material cost, equipment requirements, labour requirements, cycle times, tooling and capital requirements for new business or changes to the current business.
• Review complex bill of materials for reasonableness.
• Review manufacturing assumptions for reasonableness.
• Updates data in financial planning tools as required.
• Conducts financial product cost modelling per company financial structures.
• Conducts cost improvement and Design to Cost meetings with an assist from PM, Engineering, Purchasing, and Sales teams when required.
• Monitors and makes recommendations regarding profitability and performance of existing products.
• Prepares reports, charts, graphs, and other statistical information.
• Create and review the controls needed for data accumulation and reporting systems.
• Coordinate physical inventory counts and cycle counts.
• Update standard costs in the bill of materials.
• Review standard and actual costs for inaccuracies.
• Investigate cycle counting variances and resolve issues.
• Accumulate and apply overhead costs as required by generally accepted accounting principles.
• Work with the materials review team to locate and dispose of obsolete inventory and to prepare accurate accruals for the same.
• Investigate cycle counting variances and resolve issues.
• Review and Evaluate business cycle, and provide recommendations to CFO
• Evaluate ERP-accounting system, and provide recommendations to IT team for improvements based on potential risks
• Prepare quarterly financial statements with full disclosure requirements, and ensure year end close.
• Ensures a solid, well designed and operating control framework in compliance with SOx/internal control standards
• Designing and implementing a system of internal control.

Directed and administered all audit activities per the stipulated schedules/audit plans.
Audited financial statements of industrial, services, Travel, Cargo, Treading, and construction companies.
Conducts interviews, reviews document, develops and administers surveys, compose summary memos, and prepares working papers.
Led Audit team and planned internal audits as well as tested and evaluated companies’ internal controls.
Assisted in the preparation of audit findings and issuance of management letters. Prepared financial analysis of financial statements.
Oversaw the finalization of accounts statement and prepared reports for group sister concern company and their respective branch.
Member of Oracle ERP Implementation Team as Key User in the Financial Modules for Manufacturing &Travel & Cargo Companies.
Developed and implemented internal controls training that was implemented globally for all key employees, leading to a 22% reduction in identified internal control deficiencies.