UMAR TAHIR (AFA, MIPA)

A Chartered Accountant (Finalist), Member of Institute of Financial Accountants (UK) and Public Accountants (Australia) with 5+ years of overall experience. Skilled in Financial Accounting and Reporting, Budgeting and Forecasting, SOP’s and ERP implementation, Tax management, Internal and External Audits, Financial Information Analysis and Financial Modelling with ability to grasp new ideas and concepts to develop innovative business solutions. Being able to deliver on their own initiative and can demonstrate the high levels of motivation required to meet the challenges posed by the present day business environment.

adwtsh@r.postjobfree.com +966-***-******

Jeddah, KSA https://www.linkedin.com/in/umar-tahir-47b222256/

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EXPERTISE

Bookkeeping

Internal Audit

Management

Accounting

General Ledger

Reconciliation

Financial Accounting

Asset Management

Internal Control

Risk Management

External Audit

ERP

Budgeting Controlling

Financial Management

Tax laws

Planning and

Execution

Team Management

MIS

Value Added Tax (VAT)

IFRS

SOP’s

Corporate Law

SOFT SKILLS

Self-Motivated

Decision Maker

Creative

Determined

Flexible

Team Player

Quick Learner

WORK EXPERIENCE (5 Years)

BinDawood Holding

September-2022 –Present

Finance Manager

− Responsible for creating and communicating key financial and business analysis/support to management on capital expenditure and depreciation trends. Applies technical accounting knowledge of the long-lived asset process, and leads the Fixed Asset department;

− Prepare fixed asset schedules for use in the completion of the year end divisional and consolidated statement; responding promptly to queries raised by External Audit during the financial audit process;

− Prepare feasibility reports to support in undertaking ad hoc financial analysis / forecasting as required to support the business in making effective and informed decisions;

− Account for all running projects, all new capital grant projects, and any other projects where budgets are tracked against actual, and an asset is being created;

− Prepare accurate and timely monthly and year end reports including but not limited to Fixed Asset Note, Under construction schedules and WIP;

− Support capital budget reporting and forecasting, and impairment tests as required;

− Performs capital project accounting and reporting utilising the current asset management system;

− Prepare financial and statistical reports, assists staff regarding accounting practices and procedures, and reconcile general ledger accounts;

− Maintain an up-to-date knowledge of accounting regulations: ensuring any changes required to accounting policies are implemented and applied correctly and in accordance with timescales;

− Maintain key relations with Asset Management, Development and financial management community. Joyland Limited and Fortress Square Services

December-2021 –September-2022

Manager Accounts and Finance

− Observing routinely reconciling of accounts, banks, ledgers, and journals in SAP and Microsoft Excel;

− Monthly trial closing of all projects in ERP;

− Preparation of monthly budgeted and actual profitability of all projects;

− Monthly reconciling of trade receivables and trade payable balances;

− Custom reports as per management requirements;

− Responsible for daily supervision of accounts staff and development of junior staff and completion of performance evaluations;

− Overseeing accounting planning, fieldwork, reports, error findings, and communicating recommendations to the line and senior management;

− Injecting meaning to accounting by providing basic to complex accounting and compliance-related business solutions. Not only compilation of figures but also sharing the implications of their financial numbers;

− Streamlining accounting and bookkeeping procedures, and taking care of all the accounting and statutory needs for companies. Aamir Salman Rizwan Chartered Accountants

(A member firm of MSI Global Alliance)

July 2019 –November-2021

Audit and Assurance Supervisor

Responsibilities include planning, directing, and completing statutory audits; reading and reviewing financial statements and related technical accounting issues and work closely with partners and staff on client management and practice development.

− Adhere to the highest degree of professional standards and strict client confidentiality;

− Supervise the day-to-day execution of one or more engagements;

− Review and prepare client deliverables and audit workpapers;

− Work with partners and directors to determine proper accounting treatment of various issues that arise during an audit, particularly of new financial reporting standards implemented during the financial year;

− Review and evaluate risk, document and assess key controls, document and assess process flows and identify significant accounting issues and communicate potential audit and accounting issues;

− Understand IFRSs in relation to statutory entities and be able to read and understand such financial statements;

− Identify and communicate accounting and auditing matters to directors and partners;

− Working on monthly EOBI compliance for a number of clients. Hassan Farooq & Co. Chartered Accountants

(A member firm of Russel Bedford International)

December 2017 – June 2019

During the tenure of my practice, I served in the ‘Business Risk Compliance Department, Business Assurance Services Department and Specialist Advisory Services Department. Below is the breakup of my designation and roles & responsibilities.

Associate External Auditor

Business Assurance Services

− Performing pre-audit activities, client background checks;

− Active discussion with clients to understand their accounting systems, process adoption, entity-level and activity level controls;

− Documenting the business processes of clients and flow charting;

− Verifying compliance with Companies Act, compliance with accounting standards;

− Performing risk assessment procedures, setting the audit strategy, identification of industry risk;

− Development of working papers;

− Preparation of financial statements, management letters and board letters;

− Executing bookkeeping assignments;

− Involved in ICAP Firm Quality Control Review (QCR) at Hassan Farooq & Co. Chartered Accountants;

− Team leaders during ICAP Firm Quality Control Review (QCR) At Hassan Farooq & Co. Chartered Accountants.

Associate Internal Auditor

Business Risk Services and Compliance

− Performing pre-audit activities, client background checks, compliance with Companies Act, compliance with accounting standards, performing risk assessment procedures, setting the audit strategy, identification of industry risk, development of working papers;

− Preparing Internal Audit Charters / Engagement Letters of clients;

− Obtain, analyze and evaluate accounting documentation, previous reports, data provided by clients;

− Active discussion with clients to understand their accounting systems, process adoption, entity-level and activity level controls;

− Documenting the business processes of clients and flow charting;

− Engage to continuous knowledge development regarding sectors’ rules, regulations, best practices, tools, techniques and Performance standards;

− Conduct follow up audits to monitor management’s interventions;

− Compliance with internal policies, controls, corporate laws and auditing standards;

− Provision of financial advisory services including assessment of financial viability of projects, business planning, financial modelling and performance of breakeven analysis;

− Post implementation assessments for smooth functioning and identification of improvements for successful growth of business;

− Market and Desktop Research and field surveys at various social and business levels and formulating reports and analysis;

− Team management and personal workflow, prioritizing jobs while remaining flexible and managing simultaneous tasks effectively.

Corporate and Tax advisory

− Login ID Creation at Securities and Exchange Commission of Pakistan eservices (SECP) https://eservices.secp.gov.pk/ ;

− Incorporation of Company/LLP through SECP eservices;

− Filing if annual statutory returns at SECP;

− Online NTN registration through FBR IRIS services;

− Filing of annual Income Tax Return and Wealth Statement of individuals;

− Filing of annual Income Tax Return of companies;

− Registration of employer with EOBI;

− Creation of company ID at EOBI Employer Facilitation System;

− Registration of employee with EOBI through Employer Facilitation System;

− Submission of employee’s data at EOBI Employer Facilitation System and creation of online challan for EOBI payment. SIGNIFICANT ENGAGEMENTS PERFORMED

Under the sincere guidance of mentors (Chartered Accountants), I have been involved in the following facets of risk and assurance and consulting services:

Public Listed Companies

− Ghani Automobile Industries Limited (External Audit)

− Agro Oil Extraction Industries Limited (External Audit) Public Unlisted Companies

− Malik MIJ Chunxing Resources Recycling Company Limited (External Audit)

− E-Vision Manufacturing Limited (External Audit) NGO’s

− All Pakistan Business Forum (External Audit)

− Punjab Seed Corporation P-Fund Trust (External Audit) Petroleum

− Omega Petroleum (Private) Limited (Special Audit) Services Sector

− Synavos Solutions (Private) Limited (External Audit)

− Panda Hygiene (Private) Limited (EOBI Monthly compliance) Manufacturing Sector

− Bundu Khan Foods (Private) Limited (External Audit)

− Butt Sweets and Bakers (External Audit)

− MDS Foods (Private) Limited (Hardee’s) (External Audit)

− Second cup coffee (External Audit)

− Malmo Foods (Private) Limited (External Audit)

− Walton Tobacco Company (Private) Limited (External Audit)

− Ehsan Chappal Store (Private) Limited (External Audit)

− Starlet Innovation (Private) Limited (External Audit)

− Starlet Products (Private) Limited (External Audit)

− Z & J Hygienic Products (Private) Limited (External Audit)

− Advance Fashion (Private) Limited (External Audit)

− Saba Generation Company (Private) Limited (External Audit)

Certifications

Certificate of Public Accountants (MIPA)

The Institute of Public Accountants of Australia (IPA) Certificate of Financial Accountants (AFA)

The Institute of Financial Accountants of UK (IFA) Certificate of Completion of Articles

The Institute of Chartered Accountants of Pakistan (ICAP)

(2017-2021)

Certificate in Accounting and Finance (CAF)

The Institute of Chartered Accountants of Pakistan (ICAP)

− Auditing − Taxation

−

(2013-2017)

Financial Reporting

− Management Accounting − Information Technology − Business Communication and Behavioral Studies Master of Commerce (M.COM) (2018 – 2020)

University of the Punjab

Bachelors of Commerce (B.COM) (2015 – 2017)

University of the Punjab

Intermediate of Commerce (I.COM)

B.I.S.E Lahore (2009 – 2011)

Matriculation

B.I.S.E Lahore (2007 – 2009)

ACHIEVEMENTS AND AWARDS

− Awarded by Certificate of Communication Skills

Development Course

− Participated in several competition like race

competition and was awarded for the same.

SOFTWARE COMPETENCIES

Microsoft Office

Thorough exposure of Microsoft Office, especially Advanced Excel, Word, PowerPoint.

Quick Book

Advance level use of Quick Books.

Preparation of Chart of Accounts

Recording JV, CPV, CRV, BPV, BRV

Report extraction of all types

PERSONAL INFORMATION

Date of Birth Nationality

1st January 1994 Pakistani

Marital Status

Single

LANGUAGES

English

Urdu

Punjabi

ORACLE

Used ORACLE for reports extraction during External Audit.

SAP

Used SAP for reports extraction during

External Audit.

− QuickBooks Online Certification

− Awarded by Certificate of Performance

− Awarded by Certificate of Excellence

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