Summary
Overview
Work History
Education
Skills
Timeline
Generic

KALED SOUAYDAN

Summary

An experienced Cost Accountant with professional attitude and motivated personality. Offering 15+ years of experience and expertise in manufacturing industry. Seeking a challenging position with a dynamic company to contribute skills in making tangible contributions to the financial bottom line of the company.

Overview

14
14
years of professional experience

Work History

Finance Manager

MCC Label
  • Managed all accounting activities in the plant including GL, Cost Accounting, Inventory Accounting, billing and Internal Control.
  • Supported month end and year end close processes and reviews/audits.
  • Reviewed job orders and Calculated the actual costs and prepared variances analysis reports.
  • Calculated labor and overhead rates, annually updating costs.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Participated in regular cycle counts to confirm accuracy of inventory records.
  • Participated in physical inventory preparation, execution and follow-up.

Senior Cost Accountant

Cardinal Health
03.2018 - 05.2023
  • Manged cost estimates and product costing.
  • worked with other departments to reviewe and update the Bill of Material for all new products.
  • Supported the annual budgeting process.
  • Maintained internal controls.
  • Performed planned and unplanned cycle counts and location audit utilizing SAP to maintain inventory accuracy.
  • Developed and implemented effective accounting systems and tools.
  • Demonstrated proficiency of technical tools and financial systems.
  • Assisted with month-end closing procedures, journal entry review, balance sheet analysis and monthly management report preparation.
  • Supported the purchasing department resolving AP issues.
  • Calculated labor and overhead rates, annually updating costs.
  • Monitored cost standard performance to confirm that costs met budget cost parameters.

Operations Senior Accountant

Mycelx Technologies
04.2013 - 07.2015
  • Managed the strategic development and implementation of process improvement initiatives for the Region (in financial areas) in alignment with the company's objectives.
  • Ensured consistent and best business practices and standards are employed across the operating region (GCC) and are aligned with company initiatives to improve accuracy of operational plan development.
  • Served as main point of contact for Region financial matters (e.g Project controls, inventory management and capital expenditures) to ensure compliance with US GAAP and company policies.
  • Managed the annual planning process in the GCC region.
  • Maintained internal controls within the Region.
  • .Coordinated with Corporate Controller (Duluth, USA) physical inventories and reconciles.
  • Planned and performed the monthly closing process and financial consolidation for the region, ensuring proper explanations of financial developments.

Senior Consultant II

Ernst and Young
11.2010 - 02.2013
  • Designed policies/procedures for internal audit, tracking the progress of audits accordingly
  • Fostered clear channels of communication between clients, agencies and partners for improving work processes thus enhancing efficiency of business processes.
  • Reviewed ideas, concepts, revised and modified them as per client's requirements and ascertaining compliance with clients advertising requirements.
  • Responsible for building and managing day-to-day relationships and contacts of new and existing clients, including targeted new clients.
  • Projected monthly targets, preparing action plans/schedules and formulating initiatives for achieving targets and providing requisite reports to the upper management.

Factory Financial Controller

JTI
12.2008 - 06.2010
  • Calculated products standards costs.
  • Calculated actual costs and prepared variances analysis reports.
  • Prepared the Annual plan and the strategic plan (3 years Plan).
  • Overseeing budget, CAPEX and OPEX expenditures.
  • Implemented cost reductions strategies and prepared visible studies for new project (buy or manufacture decisions).
  • Designed policies and procedures for internal controls.
  • Coordinated/evaluated continuous improvement of department/team to create a positive work atmosphere.
  • maintained factory activities relating to material cost variances, usage, net tobacco weight, various specification variances, purchase price variances and HQ functions including PPO, engineering, production and logistic.
  • Identified risks and mitigation strategies in accordance with the prescribed risk management process to respond to the distinctive needs of the organization.
  • Submitted periodical performance reports to senior management, along with proposals to eliminate bottlenecks in maintenance.
  • Handled and supported all activities pertaining to global leaf and NTM procurement functions in raw material sourcing optimization including leaf origins and localization of NTM suppliers in alignment with organizational policies/procedures.

Education

Bachelors Degree - Computers and Information Systems

Applied Science University
09.2003

Skills

  • Budgeting and Costing
  • Account and Ledger Reconciliations
  • Inventory Management
  • Internal Controls
  • Critical Thinking and Analysis
  • SAP, PBCS, Blackline, Traction,
    Auditborad, excel and MS access

Timeline

Senior Cost Accountant

Cardinal Health
03.2018 - 05.2023

Operations Senior Accountant

Mycelx Technologies
04.2013 - 07.2015

Senior Consultant II

Ernst and Young
11.2010 - 02.2013

Factory Financial Controller

JTI
12.2008 - 06.2010

Finance Manager

MCC Label

Bachelors Degree - Computers and Information Systems

Applied Science University

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KALED SOUAYDAN