Muhammad Umer

Muhammad Umer Professional Résumé Date of Birth : Address : 07 - July – 1991 H. No. A-08, Aligarh Muslim University Old Boys C.H.S Sector 5B, Scheme 33, Karachi, Pakistan. --Pakistan- Contact: Email(s): Country: CNIC: Objective: “To integrate into a thriving organization that fosters growth and excellence, leveraging my cumulative experience to meet challenges in dynamic environments.” Professional Career Summary: Professional Certification: AFA – Affiliate Financial Accountant (Institute of Cost & Management Accountants of Pakistan) Education: • CMA - Finalist (Institute of Cost and Management Accountants of Pakistan • Bachelor’s in Commerce - University of Karachi Work Experience: Duration Apr 2022 – Present Nov 2021 – Apr 2022 Apr 2019 – Nov 2021 Dec 2017 – Apr 2019 Feb 2016 – Nov 2017 Aug 2015 – Jan 2016 Aug 2012 – Aug 2015 Work Experience Organization Organization Type Designation Tenure Organization & Designation Husaini Hematology & Oncology Trust as Manager Finance GFS Builders & Developers as Financial Analyst Otsuka Pakistan Limited as Assistant ManagerFinance Warptex Industries as Assistant Manager Finance ITextiles (Pvt) Ltd as Costing & Budgeting Officer ITT Global (Pvt) Ltd as Assistant Manager Accounts Shaheen Industries as Assistant Manager Accounts Husaini Hematology & Oncology Trust Healthcare service organization making quality medical services accessible for the Pakistani community. Services range from Blood Banking, Diagnostic Laboratory, Transfusion to clinical consultation. Providing education for blood related services with the registered Institute of Hematology. : Healthcare Organization Manager Finance April 2022 – Present Location Area(s) of Experience Karachi, Pakistan Financial Planning and Analysis, Budgeting & Forecasting, Risk Management, Financial Reporting and Overseeing Financial Operations. CFO & CEO Reporting to Span of Control: Brief Job Description: 15 • • • • • • • • • • • • • • • • • • • • • • • • Prepare monthly management financial statements for Management. Preparation and presentation of annual financial statements in compliance with IFRS for audit. Prepare monthly branch wise profit and loss statement. Monthly analysis of inventory and consumption. Prepare variance analysis of actual vs standard expenditures. Ensure accurate and timely reporting to internal and external stakeholders. Overseeing accounts receivables / accounts payable / payroll / inventory / treasury and taxes. Coordinate audits and liaise with external auditors to address inquiries and findings. To prepare LC accounting and prepare landed cost of imports. Negotiate with bank treasury for exchange rate over retirement of LC. Prepare right of use asset and leases amortization schedule as per IFRS 16. To supervise and oversee the closing of general ledger. Monitor banking activities, review bank reconciliation on daily basis. Manage relationships with banks and financial institutions. Establish and maintain internal controls to safeguard company assets and ensure compliance with regulations. Conduct regular audits to assess the effectiveness of financial controls. Inventory / cash / fixed assets. Implement improvements to mitigate risks and enhance compliance. Monitor and control departmental budgets to optimize resource allocation. Supervise and mentor finance team members, providing guidance and support. Yearly comparison for insurance cost with different insurance companies Foster a culture of continuous learning and development within the finance department. Collaborate with cross-functional teams to achieve organizational goals. Provide financial insights and analysis to support strategic initiatives and business development opportunities. Any other task assigns by the management. Organization Organization Type Designation Tenure Location Area(s) of Experience Reporting to GFS Builders & Developers, has been around for 15 years of experience. Erected multitudinous different kinds of structures, from houses to shops, and helped invest in lots of different areas. Every design we do is top-notch, giving you a great place to invest in your future. Real-estate Company Financial Analyst Nov 2021 – Apr 2022 Karachi, Pakistan Feasibility for new projects CFO & MD : Span of Control: 3 Brief Job Description: •Create new projects feasibilities based on the provided information. •Internal audit of different housing schemes / projects of GFS. •Ensure compliance over SOPS designed by the organization •Coordinating with project managers and receiving financial data for various projects to evaluate the performance of projects. • Give suggestions over designing of internal controls to mitigate the risk. •create annual budgets. Organization : Otsuka Pakistan Limited is Japanese based MNC and was incorporated in February 1988 and commenced commercial production of intravenous solutions in September 1989 at its factory in Hub, Balochistan. OPL’s current activities are mainly focused on the manufacturing of I.V. Solutions and marketing them effectively to remain in the lead both in quality and quantity. Organization Type Designation Tenure : : : Pharmaceutical Company Assistant Manager Finance April 2019 – Present Location : Area(s) of Experience : Reporting to : Span of Control Brief Job Description : Karachi, Pakistan Treasury Department, Finance operations, Finance Reporting Manager Finance & Finance Detector 14 • • • • To supervise and oversee the closing of general ledger; To prepare the quarterly, half yearly and annual financial statements; To overlook the treasury payment and settlement process; To prepare bank position and plan and prioritize the payments • • • • • • • • • • • • • • • • • • • • • • andsettlement; To supervise and review the provisions and closing entries made by thedepartment; To prepare the disclosures made in the quarterly, half yearly and annualaccounts; Keeping work flow in accordance with the delegation of authority andSOPs made by the company. Monthly stamp duty workings and payments; To prepare the different schedules related to treasury and settlement; To ensure that the stock declarations have been sent to insurancecompanies; Yearly comparison for insurance cost with different insurancecompanies; To prepare and send advances, security deposits positions todepartmental heads; To prepare and send Ex-com papers and give my analysis on companyoperations as well; To control and check vendor master file; To co-ordinate and liaise with internal and external auditors of the company; Resolve vendor issues; Mapping of chart of accounts; Review bank reconciliation of all banks; Liaison with banks for necessary matters specially in import debit /credit advises; To recommend improvement in internal controls and give suggestionson, process improvement, cost reduction; Review the workings of withholding income tax; Preparation of markup expenses against debt financing from various banks To work on the ageing of creditors; To prepare LC accounting and prepare landed cost of imports; Verification of expenses; To look after the RF facility of OPL & minimizing the Markup Expense; Organization : Warptex Industries Organization Type Designation : : Textile – Service Assistant Manager Finance & Accounts Tenure : December 2017 – April 2019 Location : Karachi, Pakistan Area(s) of Experience : Planning, Team Work, Communication, Handling Suppliers & Customers, Sales & Operations, Taxation, Internal Controls, Banking Reporting to Responsibility : Manager Finance : Management Reporting, Accounting & Assurance, Controlling, Leading & Supervision. Span of Control : 04 Brief Job Description : • Managing the activities of accounts department; • Monitoring invoicing, payment and recovery; • Liaison with banks and handling all banking matters; • Liaison with company tax consultants; • Ensure timely submission of tax returns; • Verification of expense; • GL/AR/AP/Bank reconciliations; • Preparation of Final Accounts; • Ensure cash flow is appropriate for the organization’s operations; • Manage supplier and customers relationships; • Sales analysis; • Payments Planning Organization : I Textiles (Pvt) Ltd iTextiles® is a multi-disciplinary textile solutions company that helps businesses create, manage, and fulfill demand for a widerange of textiles and fibers Organization Type Designation Tenure : Textile – Service & Trading : Costing & Budgeting Officer : February 2016 to November 2017 Location : Karachi, Pakistan Area(s) of Experience : Planning, Team Work, Communication, Shipments, Handling Suppliers & Customers, Sales & Operations, Costing. Reporting to : Director, Sales and Operations Responsibility : Management Reporting, Costing, Controlling, Indent, Initiating New Ideas, Planning & Forecasting, Analysis, Supply Chain. Brief Job Description : • Corresponding between suppliers and customer for their orders • Managing Indent work with various international suppliers • Shipment Planning; • Planning and Forecasting of sales; (Qualitative & Quantitative Approach) • Forecasting v/s Actual results; (in order to make decisions for nextperiod) • Costing; • Local sales and supply on loan basis • Comparison b/w our sales with competitor sales; (to determine our shareand growth in the market monthly / yearly) • • • Correspond with suppliers in U.K., Taiwan, China, Singapore, Korea,Japan etc. Analysis of custom reports on a monthly basis Supply chain process (from the starting point to ending point) • • • • Organization : Follow up of orders and shipments Follow up for payments from vendors Fulfill urgency of demands Sales analysis ITT Global (Pvt) Ltd. SHEEP® is a brand of ITTGLOBAL established in2010. The brand offers various product lines in Womenswear and has recently launched men’s eastern wear and Kids wear. Organization Type : Textile – Manufacturer & Retailer Designation Assistant Manager Accounts : Tenure : Location August 2015 to January 2016 : Karachi, Pakistan Area(s) of Experience : Finance & Accounting, Management, Planning, Team Work, Taxation, Banking. Reporting to CFO : Responsibility : Management Reporting, Accounting & Assurance, Controlling, Leading & Supervision. Span of Control : 3 Brief Job Description : • • • • • • • • Updating Cash flow, on a daily basis; Treasury; Cash Management; Preparation of final accounts; Payments to Vendors and Third Parties; Monitoring Invoicing, payment and recovery; Liaison with banks and handling all banking matters; Liaison with external auditor of the organization Ensure timely submission of withholding Tax statements and tax return of the company and employees provident fund. Organization : Shaheen Industries;The company has been serving mostly to Europe and the USA markets, although its products are equally popular in other parts of the world as well. The company offers vast range & varieties for every market. Organization Type : Textile Industry, Towel Manufacturer Designation Assistant Manager Accounts : Tenure : August 2012 to August 2015 Location : Karachi, Pakistan Area(s) of Experience : Finance & Accounting, Management, Planning, Team Work, Taxation, Banking, FBR Inquiries. Reporting to : Manager Finance Responsibility : Management Reporting, Accounting & Assurance, Controlling, Leading & Supervision. Span of Control : 4 Brief Job Description : • Controlling the activities of the accounts department; • Preparing a statement of comprehensive income; • Monitoring invoicing, payment and recovery; • Liaison with banks and handling all banking matters; • Documenting and reporting to FBR in case of notices; • Filing sales tax and withholding tax returns; Behavioral Skills: • • • Self-driven individual with the ability to handle assignments withminimal supervision Decision-making skills, analytical skills and problem-solving skills Ability to interface and manage vendors Professional Certification & Academic Education Sr. 1 Certification / Degree CMA Institution / University ICMAP Specialization / Major Cost & Management Accounting Passing Year Finalist & Affiliate Financial Accountant- 2 3 B. Com I. Com Commerce Commerce 4 Certificate in Graphics University of Karachi Ship owner’s College, Karachi HMCA, Karachi Graphic Designing 2009 5 SSC Lindenberg Grammar School, Karachi Science 2007 Computer Proficiency and Other Abilities Sr. Skills & Abilities 1 Certificate Effective Business Communication 2 Microsoft Office 3 Accounting Software’s 4 Understanding of Finance and- Last Used / Practiced Currently Using Currently Using Currently Using Currently Using Accounting concepts and principles Analysis and report writing skills Currently Using- Currently using Adobe Photoshop Adobe Illustrator Intuit Quick Books SAP – Business One Oracle Social Membership & Co-curricular / Leisure Activities Sr. 1 2 3 Description of Activities Reading and researching on current affairs Socializing with friends Playing Cricket Personal Information Father’s Name: Muhammad Saleem CNIC No.: Religion: 42101 - – 5 Islam