Sherif Shams Youssef
Riyadh
Summary
Finance professional with expertise in accounting management, cost control, and inventory optimization. Demonstrated success in leading period-end closings, ensuring general ledger accuracy, and producing analytical reports for strategic decision-making. Extensive experience in ERP/Oracle enhancements, costing structure maintenance, and full audit compliance. Recognized for effective communication, team development, and process improvements that enhance accuracy and efficiency.
Overview
2
2
Languages
1
1
Certification
2
2
years of post-secondary education
18
18
years of professional experience
Work history
Accounting Manager
Al Jomaih Can Making Plant
Riyadh, Saudi Arabia
2025.03 - Current
- Oversaw all financial accounting operations for the Al Jomaih Can-making plant, ensuring compliance with standards, internal controls, and corporate financial policies.
- Managed cost accounting activities, including standard cost updates, BOM validation, and periodic cost rollups for raw materials and finished goods.
- Directed monthly manufacturing variance analysis (material usage variance, scrap variance, and overhead variance), identifying root causes and recommending corrective actions to production leadership.
- Supervised inventory accounting for raw materials, WIP, finished cans, ends, and spare parts, ensuring accurate valuation, cycle counts, and reconciliation of physical vs. system quantities.
- Ensured proper accounting treatment for scrap generation and maintained accurate reporting of scrap sales.
- Led the monthly, quarterly, and annual financial closing process, including journal entries, accruals, provisions, and reconciliation of key manufacturing GL accounts.
- Monitored production cost drivers (aluminum price fluctuations, conversion costs, energy consumption, machine efficiency, and downtime), providing insights to improve cost competitiveness.
- Prepared detailed management reports, including cost analysis and plant performance KPIs.
- Coordinated with operations, supply chain, procurement, and quality teams to ensure accurate financial data flow and alignment between production activities and accounting records.
- Ensured compliance with internal and external audits, providing required documentation, resolving audit findings, and strengthening financial controls across the factory.
- Oversaw accounts payable, accounts receivable, fixed assets, and inventory activities, ensuring timely vendor payments, customer collections, and accurate cash‑flow forecasting.
- Implemented improvements in Oracle ERP systems to enhance costing accuracy, inventory tracking, and financial reporting efficiency.
- Led and trained accounting staff, ensuring strong performance, policy adherence, and continuous development of manufacturing finance competencies.
Cost accounting manager
Al Jomaih Bottling Plant
Riyadh, Saudi Arabia
2021.04 - 2025.02
- Enforced strict compliance with costing, inventory, and financial control policies across daily, monthly, and annual cycles, strengthening audit readiness and reducing process deviations.
- Managed the complete setup and maintenance of raw materials, packaging, WIP, and finished goods within the costing system, ensuring accurate BOM structures and reliable production cost calculations.
- Led detailed investigations into significant manufacturing variances, collaborating with Production, Quality, and Supply Chain teams to identify root causes and reduce recurring variances.
- Verified monthly Manufacturing Overhead (MOH) allocation and absorption, ensuring accurate distribution aligned with standard costing methodologies.
- Developed cost estimates for new products and services, supporting pricing decisions.
- Calculated over/under applied MOH by analyzing actual vs. standard absorption, providing actionable insights that improved cost accuracy and operational efficiency.
- Played a key role in the implementation of new costing and inventory systems, streamlining workflows, improving data accuracy, and reducing manual processing time.
- Prepared and delivered high‑impact financial and operational reports for senior management and audit teams, enhancing decision‑making and ensuring full transparency of cost drivers and inventory movements.
Cost Supervisor
Al Jomaih Bottling Plant
Riyadh, Saudi Arabia
2019.03 - 2021.03
- Oversee all costing activities, ensuring accurate calculation, monitoring, and reporting of manufacturing costs.
- Prepare monthly cost variance reports, including material usage variance, purchase price variance (PPV), and production efficiency variance.
- Review and validate inventory transactions, cost batches, and system postings before final transfer to the General Ledger (GL).
- Reconcile inventory sub‑ledger balances with GL accounts to ensure accuracy and resolve discrepancies.
- Monitor raw material, packaging, and finished goods cost trends, providing insights to management for cost optimization.
- Support budgeting and forecasting processes by providing reliable cost data and analysis.
- Coordinate with production, procurement, and supply chain teams to ensure accurate cost flow and alignment with operational activities.
- Maintain and update standard costs, BOM structures, and routing data in ERP systems.
- Ensure compliance with internal controls, audit requirements, and corporate costing policies.
- Prepare and present cost analysis reports to management, highlighting key cost drivers and improvement opportunities.
- Assist internal and external auditors by providing required cost documentation and clarifications.
- Identify cost‑saving opportunities and recommend corrective actions to enhance cost efficiency.
Cost Accountant
Al Jomaih Bottling Plant
Qassim, Saudi Arabia
2015.10 - 2019.02
- Maintained strict oversight of daily raw material movements, ensuring full compliance with recording and documentation standards.
- Ensured precise identification, classification, and recording of all cost elements across production processes.
- Led detailed production and quality batch analyses to evaluate consumption rates and compare actual costs against established standards.
- Assessed the cost impact of changes in product design, raw material specifications, and manufacturing processes.
- Collaborated with key stakeholders to resolve outstanding issues affecting production, quality, and raw material availability.
- Directed monthly and annual physical inventory counts, ensuring accuracy and proper reconciliation.
- Managed critical month‑end closing activities related to cost accounting, manufacturing costs, inventory valuation, and expense recognition.
- Delivered comprehensive and timely monthly closing reports, including thorough analysis of related General Ledger accounts.
General Accountant
Emtyaz Catering Company, Trader Vic's Restaurant
Riyadh, Saudi Arabia
2014.05 - 2015.05
- Managed daily sales closing procedures with accuracy and timeliness.
- Recorded vendor invoices efficiently within the restaurant system, ensuring proper classification as food item receipts.
- Oversaw customer credit sales, ensuring timely collections and prompt bank deposits.
- Issued credit sales invoices to customers and maintained proper documentation.
- Coordinated the preparation and issuance of purchase orders to vendors.
- Monitored daily and monthly sales performance to ensure achievement of revenue targets.
- Administered vendor payments and petty cash disbursements through cheque processing.
- Analyzed customer and vendor accounts to ensure accurate accruals, settlements, and payments.
- Conducted monthly physical inventory counts for food and beverage items.
- Reviewed employee timesheets to support timely and accurate salary processing.
Cost accountant
Egyptian Building Technique Constructing
Giza, Egypt
2012.02 - 2014.04
- Verified and analyzed direct and indirect projects cost with high attention to detail.
- Monitored daily warehouse movements to ensure accuracy, compliance, and proper documentation.
- Managed petty cash for site accountants and supervised related closing activities.
- Performed monthly reviews of project completion rates to support accurate customer quotations.
- Led the payment cycle for subcontractors, ensuring timely and compliant disbursements.
Inventory Supervisor
Flash Tours Transportation
Sharm El Sheikh, Egypt
2011.01 - 2012.01
- Monitored daily spare parts movements, maintaining precise and up‑to‑date documentation.
- Oversaw reorder point levels to ensure timely procurement and uninterrupted operations.
- Ensured outgoing spare parts were issued according to weighted average cost principles.
- Posted spare parts transactions accurately in both inventory and accounting systems.
- Managed transfers of spare parts between the main warehouse and branches, ensuring alignment of quantities, pricing, and weighted average cost.
- Conducted regular inventory audits across main and branch warehouses.
- Prepared detailed inventory reports to support monthly closing activities.
- Assisted in preparing essential inventory reports for internal and external stakeholders.
General Accountant
Flash Tours Transportation
Sharm El Sheikh, Egypt
2009.05 - 2010.12
- Managed cash‑in and cash‑out operations from the main cash vault.
- Reviewed current accounts between branches, the head office, and external parties to ensure accuracy and alignment.
- Oversaw monthly branch expenses and supplier account settlements.
- Analyzed expenses, closed accounts, and contributed to the preparation of final financial statements.
- Ensured accurate reconciliation of customer accounts and resolved discrepancies promptly.
- Processed customer invoices and credit memos with precision.
- Investigated and resolved customer inquiries efficiently.
- Prepared thorough monthly financial reports to support closing activities.
- Collaborated in the preparation of financial reports for internal and external stakeholders.
General Accountant
National Trade & Distribution Company
Cairo, Egypt
2008.09 - 2009.04
- Managed daily recording and monitoring of the company’s bank transactions.
- Prepared daily, weekly, and monthly financial position reports to support management decision‑making.
- Performed accurate and timely reconciliation of all bank accounts.
- Conducted continuous reviews of supplier accounts to ensure proper tracking and settlement.
- Prepared detailed supplier status reports, including journal entries, outstanding balances, and payment follow‑ups.
- Participated in auditing branch operations across multiple governmental locations, ensuring compliance and accuracy.
Education
Master of Business Administration - Accounting
International Business Academy of Switzerland (IBAS)
Switzerland 2022.09 - 2024.12
Bachelor of Commerce - Accounting
Cairo University
Giza, Egypt /2002 - /2008
Skills
- Financial reporting accuracy
- Compliance awareness
- Time efficiency
- Resilience under pressure
- Decision-Making prowess
- Accountancy principles
- Taxation knowledge
- Financial software expertise
- Communication proficiency
- Team Leadership
- Interpersonal communication
- Leadership skills
- Inventory management
- Microsoft Office Suite
- ERP Oracle Professional
Languages
English
Advanced
Arabic
Native
Affiliations
- Football, Handball
Certification
- MBA Accounting & Finance Major.
- MBA Logistics & Supply Chain Management Major.
- MBA Strategic Management Major.
Timeline
Accounting Manager
Al Jomaih Can Making Plant
2025.03 - Current
Master of Business Administration - Accounting
International Business Academy of Switzerland (IBAS)
2022.09 - 2024.12
Cost accounting manager
Al Jomaih Bottling Plant
2021.04 - 2025.02
Cost Supervisor
Al Jomaih Bottling Plant
2019.03 - 2021.03
Cost Accountant
Al Jomaih Bottling Plant
2015.10 - 2019.02
General Accountant
Emtyaz Catering Company, Trader Vic's Restaurant
2014.05 - 2015.05
Cost accountant
Egyptian Building Technique Constructing
2012.02 - 2014.04
Inventory Supervisor
Flash Tours Transportation
2011.01 - 2012.01
General Accountant
Flash Tours Transportation
2009.05 - 2010.12
General Accountant
National Trade & Distribution Company
2008.09 - 2009.04
Bachelor of Commerce - Accounting
Cairo University
/2002 - /2008