Umer Siddiqui

Page 1 of 3 Umer Siddiqui Phone / WhatsApp- Skype: umersiddiqui1979 Independent performer & a good team player (Available immediately) Chief Accountant / Finance Manager with 10+ years of overseas experience With Comprehensive skills & Knowledge in; Financial Management, Budgeting & Performance management, Working Capital Management, Financial Reporting, ERP change over and maintenance, Fixed assets, audits, VAT filling, WPS and Management reporting as supervisor of multiple branches and subsidiaries of MNC. Qualified B-Com, ACMA (2006), with fifteen years of post-qualification experience in Finance and Accounts, Budgeting and performance management, MIS / ERP – data preparation, migration and maintenance, internal and external reporting, Cost controlling and supervising multiple branches and subsidiaries of MNC. Gained sound knowledge and experience in financial procedures and building internal controls, Account reconciliation, Budgets, Cash Flows, Working Capital management, Audits, VAT filling and WPS. Core Competencies  MIS (Management Information System) o Thorough Knowledge of several ERPs and ERP Change overs. Have worked on Oracle Financials, Microsoft Dynamics, Syspro, in different companies in UAE & PAK, Monitored and worked with the consultants and debriefed the business processes, expectation from new ERPs, Module integrations and testing and end user trainings.  Finance & Accounts o Demonstrated effective funds management through effective cash flow projections and managing payments, receipts and working capital. o Handled annual turnover of USD 25 Million. Administrating proper maintenance of books of accounts as per IFRS, Proper recording of Page 2 of 3 o o o o o o o o accruals & prepayments, performing monthly closing of books accounts, finalization of the year accounts and conducting annual audits. Preparation of Monthly quarterly and annual individual and consolidated financial statements and project accounting reports for the management. Reporting and discussing the concerned areas and KPIs comparatives, for further analysis and further actions. Recording the intercompany transactions, reviewing ledgers and preparing reconciliations, Debtors/Creditors reconciliations etc., for analyzing the accuracy of books of accounts. Preparing and circulating the reconciliation report of local and multicurrency bank accounts and reporting the consolidated balances of group on daily basis. Conduct and evaluate the cost reduction opportunities by overall OPEX forecast, Monthly variance analysis and formulating the internal control procedures to contribute in overall company prospective. Monthly processing the Salaries through WPS and bank transfers and preparing payroll accounts and responsible to maintain the updated and error free GL. Doing supplier payments, Vendor reconciliations, petty expenses, expense reports AR GL Inventory, Bank postings and verifications, Timely filling VAT returns and coordinating with the consultants as when required.  Management accounts, Performance measurement and analysis o Handling project budgeting of USD 10 M plus portfolio. o Coordinating the budget and forecast process by involving all the relevant departments and tracking and monitoring the actual costs with budgets. o Conducting variance analysis, following up on project delivery, monthly reporting of projects and business unit performance. o Highlighting the areas of concern to expedite project delivery and cash inflows. o Assisting group of companies on timing of the revenue recognition and its related costs as per progress of projects. o Preparing different comparisons based on activities, regions, Margins and comparative numbers to provide a big picture to get clarity on decision making.  Fixed Assets Supervisor o Fixed asset register maintenance and monthly addition / disposal review in line with the company CAPEX standards. o Mostly depreciation calculation and allocation based on the respective cost centers. Page 3 of 3  Financial relationship with banks and other external relationships o Liaison with the bank for issuance of Bid bonds, LCs account openings (company Accounts / Employee Accounts), wire transfer management. o Co ordinating with external auditors and preparing audit working papers and timely completion of Annual audits. Employment Profile       Chief Accountant (2 year 7Months) April 2018 – November 2020 o GIFTMANIA INTERNATIONAL, SAIF ZONE, Sharjah, UAE Chief Accountant (5 years 2 Months) March 2013 – May 2018 o STMEA FZE, SAIF ZONE, Sharjah UAE Head of Accounts and Admin (1 year 4 Months) November 2011 – March 2013 o PGP FZE – IMPZ – DUBAI Lecturer (2 years 5 Months) April 2009 – September 2011 o Lahore School of accountancy and Finance– Lahore Pakistan Accounts Payables Supervisor (9 Months) May 2008 until January 2009 o Destinations of the World (DOTW) LLC – Dubai Accounts Executive (2 years 9 Months) July 2005 until April 2008 o Pepsi Cola – Pakistan Lahore Personal Details o o o o o o o Nationality DOB Languages Phone / WhatsApp Skype Email Reference Pakistan 13th January 1979 English, Urdu- umersiddiqui1979-Available on request