Usman Azam, Cost Accountant

Usman Azam

Cost Accountant

Basic Chemical Industries Dammam KSA

Location
Saudi Arabia - Riyadh
Education
Master's degree, Accounting and Finance
Experience
11 years, 0 Months

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Work Experience

Total years of experience :11 years, 0 Months

Cost Accountant at Basic Chemical Industries Dammam KSA
  • Saudi Arabia - Dammam
  • My current job since June 2020

• Audit item costs costing programs and systems for accuracy.
• Ensure rates are appropriate and are kept updated with changes in the business.
• Coordinate proper cost absorption and are kept updated with change in business.
• Assist sales team and pricing analyst with proposals for new products and business.
• Communicate variances and cost explanations to management team.
• Evaluate key performance indicators (KPI’s) and communicate issues to management.
• Perform cost/benefit analysis for new projects and capital acquisitions.
• Set standards cost for all products and directed the implementation of cost accounting methods and activities.
• Reported on break even point’s margins and periodic variances by products and work centers.
• Executed accurate and timely month end close for internal and external reporting purpose.

Accountant Payable Division. at Apparel Trading Co: (KSA)
  • Saudi Arabia - Riyadh
  • January 2016 to May 2020

Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
 Reconciling processed work by verifying entries and comparing system reports to balances
 Maintaining historical records
 Paying employees by verifying expense reports and preparing pay checks
 Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
 Preparing analyses of accounts and producing monthly reports
 Continuing to improve the payment process

Inventory Controller at Apparel Trading Co: (KSA)
  • Saudi Arabia - Riyadh
  • May 2013 to November 2015

Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
 Reconciling processed work by verifying entries and comparing system reports to balances
 Maintaining historical records
 Paying employees by verifying expense reports and preparing pay checks
 Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
 Preparing analyses of accounts and producing monthly reports
 Continuing to improve the payment process

Education

Master's degree, Accounting and Finance
  • at National University of Modern Languages
  • December 2010

MBA Finance /HRM from NUML Islamabad Pakistan.

Bachelor's degree, Mathmatics,Statistic,Economics
  • at AJK University Muzafarabad
  • October 2007

BSC from Post Graduate Govt Degree College Bhimber AJK.

Languages

English
Expert
Arabic
Intermediate
Urdu
Expert

Training and Certifications

Active Citizenship programe (Training)
Training Institute:
UNO
Date Attended:
November 2008