Muhammad Waqar Mehmood

MUHAMMAD WAQAR MEHMOOD Address: Gujranwala, Punjab, Pakistan • Contact: - E-mail:-• LinkedIn URL: https://bit.ly/2Mu1liV Personal Details: 19th October 1992 • Male • Pakistani • Single •- FINANCE PROFESSIONAL Seasoned, and goal-focused Accounting Professional with over four years’ experience leading preparation and analysis of financial reports, budgets, and forecasts while keeping complex accounting objectives. A resourceful leader exhibits proven expertise in driving efficiency and productivity through evaluation of financial management systems and implementation of process improvements. Actively participate with the management in the preparation of monthly master budget relating to re-payments of financial facilities, letter of credit, lease rentals of assets, insurance payments, legal, and professional charges. Proven success in supervising accounting of letter of credit (LC), calculating mark-up and total cost charged to account and formulating payments against documents (PAD), (FATR), and (LATR) on retirement of LC. Demonstrate strong management skills with a track record of integrating technology into accounting procedures resulting in higher accuracy and timeliness of information. AREAS OF EXPERTISE Accounting Entries | Processing Open Account Payments | Bank Reconciliation | Assets Leasing | Fixed & Current Assets Insurance | Leadership Skills | Import through Letter of Credit (PAD), (FATR), (LATR) | Inventory Control | Accounts Payable | Financial Information Reporting | Inter Company Transactions | Asset Management | Communications Skills | Problem Solving & Decision Making | Time Management | Relationship Management CAREER HIGHLIGHTS  Positioned to spearheaded team of 4 members successfully and evaluated performance to achieve targets.  Expertly identified and resolved all discrepancies in bank reconciliation from the period 2012 to 2016.  Received promotion after three months of probation. CAREER REVIEW MASTER TILES & CERAMIC INDUSTRIES LIMITED, Gujranwala Finance Executive Apr 2016 to Present Analyze withholding tax of cash withdrawal transactions and bank charges and formulate documents for insurance of various assets including stock, building, vehicle, plant, and machinery in a timely manner. Supervise accounting of letter of credit (LC), calculate mark-up and total cost charged to account and produce payments against documents (PAD), (FATR), and (LATR) on retirement of LC. Examine all terms and conditions of bank or leasing companies, create schedule for payment of leased assets, and record all the transaction related to insurance and payments against insurance. Generate monthly master budget relating to re-payments of financial facilities, letter of credit, lease rentals of assets, insurance payments, and legal/ professional charges.  Function in close collaboration with sales, tax, human resource, admin, sanitary, and PPRC department to supervise settlement of recovery for sanitary & PPRC (intercompany transactions).  Discuss payment issues with financial institutes regarding lease assets, plant, machinery, and vehicles and resolve mark-up for long and short term financing facilities on quarterly basis with amount claimed by banks.  Actively liaise with financial institutes to verify bank reconciliation statement and resolve all error and queries, such as banks, insurance companies, and leasing companies. EHSAN SONS, Gujranwala Stock Accountant Dec 2014 to Apr 2016 Matched invoices with delivery challan and produced daily basis stock report to place Order. Reconciled Accounts payable and resolved invoice discrepancies and issues in a timely manner. Maintained the ledger of vendors & MUHAMMAD WAQAR MEHMOOD PAGE | 2 customers as well as record of damaged products/ claims credit note from the vendor. Presented inventory financial inputs to modelling to deliver forecasts and budgets  Revised and verified invoices from the vendor to create, enter, and upload Invoices into system timely.  Designed and determined stock accounting methods and analyzed the inventory related reports to identify the possible flaws in inventory storage, transportation, and costing.  Examined and maintained integrity of financial and perpetual inventory records, including investigation /resolution of receiving issues, and preparation of records and reports. INTERNSHIP EXPERIENCE Intern - Golden Pumps Pvt. Ltd., Gujranwala from Aug to Sep 2015 ACADEMIC BRIEF Master of Commerce, University of Sargodha, 2016 Bachelor of Commerce, University of the Punjab, 2012 PROFESSIONAL TRAININGS Unlocking the Potential, Master Tiles & Ceramic Industries Limited Talking Matters, Master Tiles & Ceramic Industries Limited How to Conduct an Effective Board Meetings, ACCA Go Together, Master Tiles & Ceramic Industries Limited Excel with Excel, Master Tiles & Ceramic Industries Limited Gear Up, Master Tiles & Ceramic Industries Limited Love Your Job, Master Tiles & Ceramic Industries Limited Only You Can Do It, Master Tiles & Ceramic Industries Limited