Hussein Abdel Fattah
Hawalli,HA
Summary
As a Certified Management Accountant (CMA) with over 10 years of experience in accounting, I have developed a strong expertise in financial analysis, costing, budgeting and management accounting.
Overview
10
10
years of professional experience
1
1
Certification
Work History
General Accountant
Emkan For Air-conditioning and Contracting
02.2023 - Current
- Company Overview: ( HVAC ) Constructions & AC Maintenance Services & AC Parts Retail
- Developed appropriate internal controls to Safeguard Company assets.
- Liaise with external auditor.
- Check and approve journal entries and review bank reconciliations.
- Led and mentored junior accountant.
- Implemented ERP systems ( odoo)
- Provided financial insights and reports to CEO .
- Analyzed financial data trends to identify cost-saving opportunities.
- Managed working capital, monitored cash flow, and ensured optimal liquidity levels for operations.
- Liaise with banks through Line of Credit and Credit agreement renewal.
- Maintained fixed asset registers, depreciation schedules, and coordinated periodic asset audits.
- Monitored intercompany transactions and reconciliations to ensure accurate consolidation.
- Prepared accurate monthly, quarterly, and annual financial statements in compliance with IFRS.
Senior Accountant
Al Waseet international Group
02.2021 - 01.2023
- Company Overview: Constructions & Maintenance Services & Retail
- Handled full-cycle accounting for swimming pool construction and maintenance projects.
- Prepared project-specific cost analysis and tracked actual vs. budgeted expenditures.
- Managed accounts payable and accounts receivable.
- Processed client progress billings and monitored contract revenue recognition ( as percentage of completion method ).
- Manage Quarterly, and Annually closing.
- Oversaw inventory accounting for materials such as pumps, tiles, piping, and chemicals.
- Supported cash flow planning, bank reconciliations, and working capital management.
- Liaise with project managers to monitor financial status and forecast future costs.
- Liaise with external auditors .
- Reviewed supplier contracts and ensured timely payments aligned with delivery schedules and retention terms.
- Ensured compliance with local labor law provisions regarding employee benefits and leave accruals.
Senior Accountant
Abrar Universal Group
01.2018 - 01.2021
- Company Overview: FMCG
- Managed full-cycle accounting for international meat import operations including purchase, clearance, warehousing, and distribution.
- Handled cost accounting for imported goods, including freight, customs duties, insurance, and cold storage expenses.
- Reconciled vendor statements and ensured timely payments to global suppliers in multi-currency transactions.
- Monitored inventory movements and performed periodic stock valuations for perishable goods.
- Ensured accurate recording of landed costs and allocation across shipments.
- Collaborated with logistics and procurement teams to track shipments and align accounting with delivery schedules.
- Oversaw accounts payable and accounts receivable processes and followed up on receivables from wholesale and retail clients.
- Prepared financial reports on import margins, product profitability, and inventory aging for management review.
- Coordinated with external auditors and provided all import-related financial records and reconciliations.
- Maintained controls for handling spoilage, product recalls, and write-offs for expired or damaged stock.
- Supported the finance manager in budget preparation, cash flow forecasting, and FX risk tracking.
- Managed accounts payable and receivable, ensuring accuracy and timeliness.
- Reviewed international supplier contracts and verified terms related to payment schedules, incoterms (FOB, CF and CIF).
- Recorded and allocated import-related expenses such as demurrage, port handling, cold chain logistics, and customs clearance fees.
- Monitored FX fluctuations and collaborated with Management to hedge currency exposure for major import purchases.
- Reconciled import LC (Letter of Credit) transactions with banks and ensured accurate treatment in the accounting system.
- Worked with supply chain to forecast inventory needs, adjusting accounting records for seasonal demand trends.
- Tracked and accounted for shrinkage, wastage, and quality rejections of imported meat products.
General Accountant
Abrar Universal Group
02.2016 - 01.2021
- Company Overview: FMCG
- Processed accounting for international meat imports including supplier invoices, freight, insurance, and customs duties.
- Calculated and allocated landed costs to ensure accurate cost of goods sold (COGS) and profitability tracking.
- Reconciled multi-currency transactions (USD, EUR, etc.) and adjusted FX gains/losses.
- Maintained inventory records and coordinated with warehouse for stock counts and spoilage write-offs.
- Issued wholesale invoices, tracked receivables, and followed up with clients to ensure timely collections.
- Monitored and recorded cold storage expenses, transport costs, and wastage adjustments.
- Assisted in preparing monthly financial reports, including sales performance and gross margin analysis.
- Worked with auditors to provide supporting documentation for import purchases and regulatory compliance.
- Collaborated with supply chain and logistics teams to ensure smooth coordination between finance and operations.
- Managed full accounting cycle including journal entries, accruals, prepaid expenses, and intercompany transactions.
- Oversaw landed cost allocations per shipment: including freight, insurance, duties, port handling, storage, and clearance charges.
- Posted supplier invoices and matched with POs and GRNs to ensure accuracy and timely payments.
- Reconciled foreign currency accounts and processed international payments via SWIFT and LCs.
- Monitored and recorded inventory movements across multiple cold storage locations.
- Handled spoilage, expiry adjustments, and reconciliations of perishable stock.
- Generated sales, cost, and profitability reports for point of sales.
- Collaborated with customs agents, freight forwarders, and logistics teams for accounting accuracy in clearance-related costs.
Education
Bachelor Degree - Accounting
College of Commerce
CMA / Certified Management Accountant - Management Accounting, Financial Analysis, and Costing
Institute of Management Accountants
03-2025
Skills
- Cash flow management
- Payroll processing
- ERP systems
- Accounting software proficiency
- Credit management
- Cost accounting
- Variance analysis
- IFRS compliance
- Budgeting assistance
- Year-end close
- Financial statements expertise
- Financial analysis
- Payroll management
Certification
- CMA, Certified Management Accountant, Credential # 137872
Languages
Arabic
Native or Bilingual
English
Native or Bilingual
Timeline
General Accountant
Emkan For Air-conditioning and Contracting
02.2023 - Current
Senior Accountant
Al Waseet international Group
02.2021 - 01.2023
Senior Accountant
Abrar Universal Group
01.2018 - 01.2021
General Accountant
Abrar Universal Group
02.2016 - 01.2021
Bachelor Degree - Accounting
College of Commerce
CMA / Certified Management Accountant - Management Accounting, Financial Analysis, and Costing
Institute of Management Accountants
Personal Information
- Nationality: Egyptian
- Driving License: Kuwaiti Driving license
Interests
-Learning new stuffs.
-Swimming.
-reading