IBRAHIM CMA

KeyAreas of Experiance
Working in the FP and Ateam as Senior cost controller
Preparing budget and forecast related to sales, cost, and expenses
Supporting to Prepare estimated income statement before closing and
analyzing with actual after closing.
Organizing and carrying out efficient month-end and year-end closing
processes.
Costing offoreign purchases
Analysis of Contribution over production (COP) by item level to get
improved and cost-effective production.
Determine the Cost of a product or service, it is essential to know the
total cost involved in generating that product or service to help
marketing department for the pricing and converting quotation to sales
order.
Comparison of actual costs with standards (Predetermined Rate)
reveals the discrepancies, The variances reveal whether the cost is
within control or not. Remedial actions are suggesting controlling the
costs.
Defining costs as direct materials, direct labor, fixed overhead, and
variable overhead.
Analyzing and suggesting cost reduction techniques without affecting
the use intended.
Performed variance analysis, after each closing and determining root
cause ofvariances to improve for the coming months,
Calculating conversion cost for machines and updating periodically
Major raw material financial impact calculation based on weighted
average and market price.
Managing and controlling inventory accuracy and conducting meetings
to take action plan to work on obsolete and dormant stock. Continued
follow up to reduce nonmoving stock.

Key Areas of Experiance
Working as Cost accountant(FP&A) of Napco National SAUDIA and
reporting to Country Finance Manager.
Supporting the preparation of annual budgeting and periodic
forecasting processes.
Perform Budget vs. Actual variance analysis and present actionable
financial insights to senior management
Conduct detailed Profit & Loss analysis, focusing on cost drivers,
margins, and profitability
Manage month-end and year-end close, delivering 100% accurate
financial results within deadlines
Ensured BOM and routing accuracy, supporting effective cost
estimation and production planning.
Analyze purchase costs at product level and report cost variances to
management
Monitor COGS and gross margin variances, identifying risks and
improvement opportunities
Support Commercial Manager with sales price fixation under multiple
pricing scenarios
Manage Accounts Receivable, prepare customer aging reports, and lead
collection review meetings with sales teams
Act as finance lead for quarterly and annual physical inventory counts,
ensuring valuation accuracy
Support internal and external audit processes, ensuring compliance and
timely closure of audit queries
Partnered with production, procurement, and supply chain teams to
drive cost reduction and operational efficiency initiatives.
Analyzed production performance, waste, and efficiency metrics,
recommending continuous improvement actions
Prepared and presented MIS reports, dashboards, and financial insights
for management decision-making.
Led process improvements and system enhancements in costing and
reporting (D365 / ERP systems).

Cost Run for Regular and New Product
Validation of BOM and Route
Calculation and Analysis product wise Contribution Per Unit (COP)
Landed Cost Calculation and Inventory Closing
Providing Suggestions for Cost control and cost reduction
Analyzing and reporting major variance between Budget Vs actual
Contribution
Conversion Cost calculation for new machine and updating conversion
cost for existing machines
Preparation of monthly Waste Report
Analyzing the Root course ofwaste increase/Decrease
Direct overhead analysis
Inventory ageing and slow-moving stock analysis
Conducting monthly and yearly physical inventory
GL Reconciliation

Managing of Foreign, local and subcontract bills
Creation ofvendor liability (MIRO Creation)
Timely analysis and payment of the Outstanding vendor balances (on
the due date) through Telegraphic Transfer, RTGS, ECS, Cheque etc..
Record payments and liabilities and other customer account
information, in system by using SAP
Process and validate vendor invoices in accordance with the company
policy
To critically analysis and verify the terms and conditions, purchase
procedure of the company
Day to day monitoring of GL Accounts like GRIR, Advance, Rejection
accounts and resolving accounting discrepancies and irregularities
Processing and reviewing ofvendor accounting transactions using SAP
Analysis and resolve Accounts payable issues through communication
with vendors and internal departments
Reconciling vendor statements
Processing of freight payments (Air freight, Re-export Air freight, Sea
freight etc.)