Muhammad Umar Khan

MUHAMMAD UMAR KHAN - ǀ-House No. 162, Block A-2, PECHS Valencia Town – Lahore. Utilize keen analysis, insights and team approach to drive organizational improvements and implementation of best practices. Superior interpersonal skills, capable of resolving multiple and complex (audit, budgeting, forecasting, planning, financial, operational) issues and motivating staff to peak performance. AREAS OF EXPERTISE:      Accounting & Financial Management Controllership & Decision Support Growth & Expansion Strategies Financial Analysis & Reporting Strategic Financial & Organizational Planning PROFESSIONAL EXPERIENCE CHARCOAL™ – FINANCE HEAD TEXLINKS – Manager Financial Planning KEYTEX – Manager Finance / Manager Internal Audit SKS INTERNATIONAL – Manager Finance SKS INVESTMENTS – Manager Investment Funds       Budgeting & Cost Management Corporate & Investment Finance Profitability & Cost Analysis Operational Finance Systems & Technology Utilization Contract Negotiations & Strategic Alliances Sep 2014 -Present Charcoal™ menswear was founded in Pakistan in 2006 and is now one of the leading retail brand of apparel and accessories for men from its beginning as a manufacturer of casual and formal clothing, charcoal has developed into one of the most leading brands in Pakistan. Job Responsibilities:                      Obtain and maintain a thorough understanding of the financial reporting and general ledger structure. Ensure an accurate and timely monthly, quarterly and year end close. Ensure the timely reporting of all monthly financial information. Ensure the accurate and timely processing of positive pay transactions. Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner. Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends and forecasts. Developed and maintained analytic reporting tools for accounting, sales, and marketing departments. Analyze financial statements, conduct cost/benefit analysis and identify areas of weakness. Examine company accounts and financial control systems. Evaluate levels of financial risk within organization. Check that financial reports and records are accurate and reliable. Ensure that assets are safeguarded. Prepare reports, explanations and financial statements. Coordinate with managerial staff and present findings and recommendations. Ensure procedures, policies, legislation and regulations are correctly followed. Provide recommendations to strategically enhance financial performance and business opportunities. Provide executive management with advice on the financial implications of business activities. Financial reports for other groups, including stock holders, creditors, regulatory agencies and authorities. Evaluates and advises on the impact of long range planning, introduction of new programs/ strategies and regulatory action. Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions. Take hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system.      Annual budget and cash flow forecasting. Collaborate with the other finance department managers to support overall department goals and objectives. Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy. Advise staff regarding the handling of non-routine reporting transactions. Currently manage 30+ financial rolled employees at regional locations. WILSHIRE LABORATORIES (PVT.) LTD. –MANAGER OPERATIONS (FINANCE) Aug 2013 –Sep 2014 Wilshire Labs (Pharmaceutical) is an organization combining entrepreneurship, strong work ethics, and strict compliance with current Good Manufacturing Practices (cGMP) with wide range of products. Job Responsibilities:    Direct annual budgeting and planning process for the organization's annual budget. Develop and manage annual budget. Oversee monthly and quarterly assessments and forecasts of organization's financial performance against budget, financial and operational goals. Oversee short and long-term financial and managerial reporting.  Managing day to day processing of accounts receivable and payable using ERP, producing reports as requested.  Reconciling monthly activity, generating year-end reports, and fulfilling tax related requirements.  Assisting Executive Director and Board in creating annual organizational budget and monitoring cash flow.  Managing grantor contracts and reimbursement requests.  Administering payroll and employee benefits and organizational insurance.  Ensure that Accounting Department requests are resolved and communicated in a timely manner to internal and external parties.  Reconciles transactions by comparing and correcting data.  Maintains database by entering, verifying, and backing up data.  Protects operations by keeping financial information confidential.  Develop long-range forecasts and maintain long-range financial plans.  Develop, maintain and monitor all fundraising and accounting systems and procedures capturing all pledges, billings and receipts and for the recording of all revenue transactions, recommend and implement improvements to systems.  Prepare annual audit and be a liaison with all outside vendor. The assignments given by group CFO includes, Supervision of IT audit of ERP of Wilshire Labs (Pvt) Limited, Function wise audits or management audits of Wilshire Labs (Pvt) Limited, Supervision of surprise stock takes related to Wilshire Labs (Pvt) Limited, Sprintech (Pvt) Limited & Swiftech Digital Engraving, Supervision of surprise Cash Counts, Supervision of Pre- audit of monthly Salaries & Wages, Giving suggestions related to appropriate improvements in the internal control structure and policies and procedures as per best practices. AJC GROUP OF COMPANIES – MANAGER FINANCE Aug 2010- Aug 2013 A.J CORPORATION – Manager Finance AJC ENGINEERING (PVT.) LTD. – Manager Finance AJ Corporation established in early 80. AJC Group maintained its professional reputation in the field of “Manufacturing and Construction” of process plants, Oil & Gas Pipeline, Plant Piping, Storage Tanks, Heavy equipment installation along-with steel structure throughout the Pakistan and Saudi Arabia. Job Responsibilities:      Ensure that project cash flows are adequate to allow business units to operate effectively. Prepare and present project profitability financial reports for management. Worked with executives and business heads to prepare budgets and track profit / loss performance by business unit and on consolidated basis. Take the responsibility for, and supervise the work of, more junior members of staff. Banking money and cheques received and issuing receipts as requested or needed.   Payment of invoices and fees as required or otherwise instructed. Recommend and maintain a system of policies and procedures that impose an adequate level of control over department activities. PROFESSIONAL & ACADEMIC QUALIFICATION      MASTERS IN BUSINESS ADMINIDTRATION (MBA EXECUTIVE)–FINANCE University of Management Technology – Lahore MASTERS IN COMMERCE – M. COM - ACCOUNTING AND FINANCE University of Central Punjab – Lahore BACHELOR OF COMMERCE (B. COM) INTERMEDIATE IN COMPUTER SCIENCE (ICS) MATRICULATION IN SCIENCE MAJOR SUBJECTS          Business Taxation Financial Management Corporate Finance Corporate Financial Reporting Adv. Cost & Management Accounts Financial Analysis Corp. & Commercial Laws Investment & Portfolio Management Financial & Computerized Accounting  Entrepreneur’s perceptions towards the growth of SMEs in Pakistan. RESEARCH THESIS          MEMBERSHIPS, CERTIFICATIONS, TRAININGS & WORKSHOPS                Dec 2015 May 2011 Aug 2008 Oct 2003 Jul 2001 Management Accounting Performance Management Financial Reporting Audit and Assurance Business Analysis Governance, Risk and Ethics Advanced Financial Management Advanced Performance Management Advanced Audit and Assurance Member Chief Financial Officer (CFO) Network - The #1 Group for CFOs Entrepreneur’s perceptions towards the growth of SMEs in Pakistan. – Thesis Publication Certification in Advanced Excel - The Microsoft Certified IT Professional (MCITP) ERP Implementation – Oracle Financial Where “were” to Where “are” Internal Audit Summit 2016 (Hyphen Consultancy (Pvt.) Limited) Blue Ocean Strategy for Entrepreneurs & Family businesses ( Institute of Business A dm i ni s t r a t i o n Karachi) How to manage people? Different people need different treatment (Institute of Business Administration Karachi) Managing Family Business: What goes in making a better business? The role of strategy & the option we have (Institute of Business Administration Karachi) Effective Communication Skills for Accountants Finance Act 2017-18 Income Tax Returns - Registering, Filing & Revising Auditing standards – Latest Pronouncements Dealing with Office Politics Thinking Under Pressure IFRS updates PROJECTS Academic Projects:              Management of Accounts for a Grocery Store Business Plan for Interior Business Inventory Management System for a Pharmacy Marketing Research regarding UPS & Generators Business Plan for a Restaurant TQM Practices Applied on DHL Financial Analysis of OGDCL Marketing Plan for Telenor Pakistan Seminar Organizing Management Computerized Accounting Management in Peachtree Designed a Commercial E-Commerce Website named www.innoelectrical.com Comprehensive Financial Analysis of FEROZSONS Laboratories Ltd. Incorporated a Hypothetical Private Company named INNO Pharmacy (Pvt.) Ltd. PROFESSIONAL ACHIEVEMENTS:               AJC Chemicals – Consultant in implementation of fully integrated teller made accounting package. AJC Works – Project Manager – Worked as project manager in AJ Corporation’s Mechanical Workshop during the implementation of IMS (Inventory Management System) in central store. AJ Corporation/AJC Engineering (Pvt.) Ltd. – Completely implement QuickBooks Accounting Software in AJ Corporation and AJC Engineering (Pvt.) Ltd. And also worked as administrator of the software. Pak Pride Protein Farm – Worked as consultant manager in implementation of Peachtree Accounting software in Pak Pride Protein Farm. CHARCOAL – Worked as Project Manager for implementation of teller made financial module ERP. CHARCOAL – Worked as Project Manager for implementation of teller made Inventory Management System module ERP. TEXLINKS – Manager Financial Planning – Worked as Project Manager for implementation of teller made financial module ERP. KEYTEX – Manager Finance / Manager Internal Audit – Worked as Project Manager during implementation of production module ERP. SKS INTERNATIONAL – Manager Finance – Completely implemented supply chain module in SKS International. SKS INVESTMENTS – Manager Investment Funds – worked as implementer on Liability Control Module ERP. CHARCOAL – Managing cash flows of averagely Rs. 1,000 M (Approx. 9 Million USD). CHARCOAL – Successfully implemented Strategic Financial Planning like cash forecasting, sales analysis, budget variance analysis, financial analysis etc. CHARCOL – Created 3-year model and consolidation tool for total Optimum business of over 2,000M in sales CHARCOL – Implemented cross functional team work between finance, operations, and marketing that included group decisions on promotions and additional tasks to improve overall performance and profitability. PROFESSIONAL STRENGTHS:    Remarkable talent for the compilation, verification, analysis, interpretation, and dissemination of crucial financial data – whether actual, foreseen, or budgeted. Highly competent in tasks such as statutory reporting and tax related duties. Proven ability and proficiency in implementing, analyzing, and managing new accounting procedures and systems; adept at systems integration and staff training.   Adopts an effective proactive and flexible leadership style, which is useful in meeting strict deadlines and motivating a team under extreme pressure. Unique talent for determining specific, measurable, attainable, realistic, and time-measured financial objectives. Exceptionally equipped and knowledgeable in the preparation of annual budget and forecasting of trends. Remarkably skilled in developing reports for the top management, summarizing the company’s financial status in various business aspects and coordinating the preparation of tactical plans, financial forecasts, and budgets. Outstanding talent and ability to develop and update accounting, finance, and management procedures and policies. Utilizes a highly organized, self-motivated, and proactive approach to work.       Oracle Financial (R-12) Implementation of ERP and Financial, HR, Inventory Control, and Production software. Microsoft Office 2010, 2013 & 2016 & Windows XP, 7, 8.1 & 10. Oracle Payroll management system, Time management system, Production incentive & tracking system. Command over enterprise management software like Peachtree, Accounting by Sage, Quick Books Quest ERP for Wilshire Labs (Pvt.) Limited.               In-depth knowledge of accounting & finance operations and procedures. Excellent writing and communication skills. Exclusive knowledge of accountancy. Good analytical skills. Strong computer skills. Good management skills. Exceptional versatility creativity and adaptability. Dedication and drive as a hard-working individual. Proactive and result-oriented. Ability to organize and plan activities. Attention to detail. Able to work under pressure. Hard working & Reliable. Ability to handle multitask work.     COMPUTER SKILLS ABILITIES & PERSONAL TRAITS ACTIVITIES & INTERESTS     Reading Newspapers and journals. Gaze at Games & Documentaries. Play Badminton Surfing Internet      Father’s Name: Date of Birth: Domicile: Passport No. Citizenship No. PERSONAL PROFILE REFRENCES: Muhammad Khan- Kasur (Punjab) AS- Available on demand