Muhammad Umer

MUHAMMAD UMER MBA, ACCA (P) | Accounting & Finance Professional - - Sargodha, Pakistan PROFESSIONAL SUMMARY Performance driven Accounting and Finance professional possessing more than 9 years of hands-on experience in the UAE, Pakistan & the UK with Fortune 500 companies and MNC’s in Automotive, Oil and Gas, Accountancy sector. Proven track record of achievements in cost saving, process improvisation and staff training with sound analytical and decisionmaking skills. Equipped with a noteworthy level of communication & interpersonal abilities in addition to effectively fostering a positive relationship with co-workers, management and external stakeholders with multicultural backgrounds from across the globe. ▪ ▪ ▪ ▪ ▪ Accounts Receivable Credit Control Process Development Financial Analysis MS. Excel (VLOOKUP, PIVOT Tables, Indexing etc.) ▪ ▪ ▪ ▪ ▪ Accounts Payable Bank Reconciliation Compliance & Regulation Financial Statements MS. Word, MS. PowerPoint ▪ ▪ ▪ ▪ ▪ General Ledger Reconciliation Cash Flow Forecasting Internal Control & Auditing Value Added Taxation (VAT) SAP (AR, AP, GL, BR) KEY ACHIEVEMENTS Stirling Group, UAE Nissan Motors, UAE ▪ Reconciled various long pending Accounts ▪ Designed & Implemented SOP’s for AR, Revenue Recognition ▪ Reduced AR days from 74 to 55 days within 6 months ▪ Condensed invoicing cycle from 10 to 2 days ▪ Saved More than $15,000/ annum through careful scrutiny of contracts & invoices benchmarking ▪ Setup a project wise spending tracking system Attock Petroleum Ltd, PAK ▪ Trained Finance team of 10 member at various locations across the country ▪ Established new sale point in Vehari (South Punjab) ▪ Saved Rs. 40,000/ month by employing internal control on receipt deposit timings WORK EXPERIENCE University of Central Punjab, Pakistan ▪ ▪ ▪ ▪ ▪ ▪ Feb 2017 – Present Teaching Financial Accounting, Business Finance, Audit and Commerce to BBA, BS-Accounting & Finance Students Setting the University Mid-Term and Final Exam of Accounting, Finance and Audit courses Stirling Group Dubai, UAE ▪ ▪ Lecturer Senior Executive – General Ledger & Accounts Receivables May 2015 – Dec 2016 Ensured timely and accurate Invoicing / Billing in compliance with agreed terms of more than 150 customers monthly Revenue Recognition – Monthly analysis and recording of recognized revenue via time sheets, delivered equipment and discussion with service line managers Prepared & posted Journal Entries / book closure adjustments, Maintained Asset, Liability & capital accounts Consolidated Aged Debtors Report of UK, Malaysia and UAE region in liaison with regional accountants, monitored and reported risky customer to senior management and respective service manager on deviation from credit standards Forecasted Cash flow with realistic and optimistic payment and collection dates and variance analysis Consolidated Aged Debtors Report of UK, Malaysia and UAE region in liaison with regional accountants, monitored and reported risky customer to senior management and respective service manager on deviation from credit standards ▪ ▪ ▪ ▪ ▪ ▪ Reviewed process in place to improve quality of invoicing and collections plans Liaised with group company accountants for timely Intercompany reconciliation Prepared various schedules for external auditors and supporting documentation Reconciled General Ledger accounts on regular basis to ensure accuracy of transactions Complied monthly dashboard figures for Income Statement and statement of financial position Developed standard operating procedures for smooth flow of operational activates Nissan Motors Dubai, UAE ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Executive – Accounts Receivables Oct 2009 – May 2013 Verified Invoices and made necessary adjustments in ERP Prepared and analyzed the Aged debtors report and identified risk customer Ensured strict adherence to approved Credit Limits and terms of sale Verified and finalized month-end sales data and reported to higher management on daily basis Audited “Company Owned” sites to ensure process, on monthly basis to mitigate chances of fraud and error Inspected Fixed Assets of company invested pumps to verify existence, Inventory Diesel, Gasoline, Lube and spares Phillips, Kobbs & Co, (Chartered Certified Accountants & Auditors), UK Accountant ▪ ▪ ▪ ▪ Aug 2013 – May 2015 Managed Payables of more than $100’M (Nissan and Infiniti division) according to the allocated budget and authorization from CFO and MD Liaised with Sales, Marketing, TCS and After-sales for to ensure payments are made on time and as per agreed terms Ensured marketing and sales expenses are booked against the correct cost center and incurred as per allocated budget Analyzed and processed incentives as per the Memorandum of Understanding with the National Sales Companies across the GCC for Nissan and Infiniti division Ensured payments to vendors are released after careful scrutiny of quotations, invoices, agreement and terms Prepared expenses variance analysis and devised solutions to mitigate deviation Reconciled Accounts Payables on monthly basis with local and international vendors statement of accounts Maintained liquidity through optimum management of accounts payable Reconciled multi-currency bank accounts and liaised with three different banks for receipts and payment in USD, AED, JPY, EUR and several other currencies Reconciled and finalized General Ledgers within group deadlines Prepared various schedules for External/Internal auditors along with supporting documentation Assisted Section manager for budget preparation Attock Petroleum Limited, Pakistan ▪ ▪ ▪ ▪ ▪ ▪ Officer – Finance & Accounts Dec 2005 – Aug 2007 Maintained day books in MS. Excel and SAGELINE50 financial controller Analyzed client’s transactions to identify exempt, zero and standard rated VAT goods and services Reviewed books of account for input and output VAT calculation and correspondence with HMRCE Preparation of TB schedules and necessary General Ledger adjustments EDUCATION & CERTIFICATION Master’s in Business Administration | Preston University, Pakistan Sep 2010 Bachelors in Statistics and Economics | University of Sargodha, Pakistan May 2008 Bachelor’s in Applied Accounting (Hons) | Oxford Brooks University, UK Sep 2013 Associate Certified Chartered Accountant – Finalist | ACCA, UK Jun 2019 Practical Training in Manual and Computerized Accounting | PTAP, UK 2007