Mostafa Elhamy Mohamed, SC Finance Manager - MENAT

Mostafa Elhamy Mohamed

SC Finance Manager - MENAT

Kellogg’s Int.

Location
Egypt
Education
Bachelor's degree, Commerce
Experience
15 years, 1 Months

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Work Experience

Total years of experience :15 years, 1 Months

SC Finance Manager - MENAT at Kellogg’s Int.
  • Egypt - Cairo
  • My current job since July 2021

 Leading Costing team in MENAT (4 plants in EGY + 2 Plants in Turkey).
 Review COM before final submission to monthly financial statements.
 Ensure COM & logistics cost reports are justified with enough commentaries after regular meetings with Plant managers
for the monthly SC review process to be able to trace back any excursions / exceptions.
 Following up on “Factory Expense” across all plants to monitor spend and follow-up on the discipline of accruals.
 Monthly meetings with AMEA boarding team to present MENAT results.
 Managing cost saving initiatives/Capital assets projects and reporting actual results to management team.
 Ensure all gaps highlighted from the Global Finance audit are closed to comply with the next audit.
 Ensure inventory levels are monitored regularly and risks identified and shared.
 Ensure Aged inventory, obsolete inventory, and damaged stocks are reconciled on a monthly basis.
 Ensure all transactions with banks, Tax office, and governments institutions is to full compliance of Kellogg policies.
 Ensure elements like write-offs related to Fixed Assets, Depreciation, etc. are accounted for in time.
 Ensure stock-take, stock-counts are routinely carried out and any risks highlighted and shared.
 Ensure the Rayong plant budgeting process is conducted efficiently and within the specified timelines.
 Actively participate in all tenders calculations, business-related projects, and share simulations to support project decisions.

Regional Costing Manager at HSA Group
  • Egypt - Cairo
  • September 2019 to June 2021

Key Responsibilities:
 Leading Costing team in 52 factories ( +40 headcounts in Costing dpt.) in Yemen (
Dairy Factories, FMCGs, strategic & Bulk goods).
 Leading factory forecasts (Quarterly/yearly forecasts) and reporting actuals to Board
of Directors and Chairmen in Dubai and London.
 Managing cost saving initiatives and reporting actual results to management team.
 Business partner to Supply chain, Marketing and procurement in all financial topics.
 Training and developing local teams in Yemen.
 Leading SAP implementation in Yemen Factories.
 Controlling Inventories, Consumptions and monthly/yearly closing process.
 Approving monthly and yearly closing tasks and presenting results to boarding team.
 Leading auditors tasks in Costing part.
Achievements:
 Best employee 2020.
 Achieving and Implementing SAP project in top 4 factories successfully before region deadlines during COVID
Pandemic.
 Achieving 5% Cost saving in 2020 = 32 mio USD (target was 3%).

Factory Controller at Philip Morris Egypt
  • Egypt - Cairo
  • January 2018 to September 2019

Key Responsibilities:
 Leading Operations Finance Team in Cairo Office.
 Advising Operations management Team, by supporting factory strategy and effective cost
management incompliance with PMI P&P as well as US GAAP.
 Lead factory Rolling Forecasts/Budget revision and validation process, control monthly
budget, propose cost reduction initiatives and report Operational and financial KPI's.
 Manage reporting Operations KPI’s activities and propose cost reduction savings initiatives.
 Challenge and present overall Financial results specifically during OB/RF cycles.
 Advise Operations management on manufacturing matters and support on Operating Costs.
 Facilitate financial and business information exchange between Factory & Shared Service Center.

Operations Finance Analyst at Philip Morris Egypt
  • Egypt
  • October 2014 to January 2018

Achievements:
 Assignment in Turkey to explain costing role to new comers.
 Assignment in Switzerland to implement new costing project.
 Assignment in Ukraine and Jordan to implement SAP “Costing & Accounting part”.
 Top employee 3 years.

General Accountant at L’Oréal Cosmetics
  • Egypt
  • December 2013 to October 2014
Accountant at Eli Lilly and Company
  • Egypt
  • April 2009 to December 2013

Oversaw and assisted in successful implementation of SAP and FRAP ensuring compliance with
organizationalaccounting policies.

Education

Bachelor's degree, Commerce
  • at Ain Shams University
  • May 2008

Bachelor's degree in Finance and accounting.

Specialties & Skills

Microsoft Excel
Accounting
Financial Management
ACCOUNTANCY
BUDGETING
CLOSING
COST CONTROL
FINANCE
FINANCIAL
MANAGEMENT
MARKETING
Microsoft Office 365

Languages

Arabic
Expert
English
Expert

Hobbies

  • Reading