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Muhammad Ahmar Asghar, Senior Accountant

Muhammad Ahmar Asghar

Senior Accountant·Wartsila Ships Repairing & Maintenance LLC

United Arab Emirates

High school or equivalent, Audit & Finance (July 2006-December

Work experience

Total years of experience: 24 years, 0 months

Senior Accountant

July 2016 - Present

Wartsila Ships Repairing & Maintenance LLC

United Arab Emirates

July 2016 - Present

• Managed and ensured precision in monthly and quarterly financial reporting, aligning with legal compliance and corporate accounting standards.
• Partnered with cross-functional teams to streamline reporting processes and boost operational efficiency.
• Established and implemented best practices in financial management, enhancing the reliability of financial data.
• Conducted comprehensive reviews of financial statements, pinpointing discrepancies and facilitating prompt resolutions.
• Contributed significantly to the financial integrity of the organization through meticulous oversight and proactive problem-solving.

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Corporate Secretary

October 2015 - April 2016

Thermosole Industries (Pvt.) Limited

Pakistan

October 2015 - April 2016

• Transitioned from Corporate Secretary to Senior Accountant by leveraging strong organizational skills to manage financial documentation and reporting.
• Ensured accuracy in financial records by implementing meticulous documentation practices, enhancing stakeholder communication.
• Contributed to financial planning and analysis, supporting strategic initiatives that improved operational efficiency.
• Collaborated with finance and accounting teams to streamline budgeting processes, resulting in improved financial oversight.
• Demonstrated keen attention to detail in financial reporting, ensuring compliance with regulatory standards and best practices.

Company industry:
Industrial Production
Job role:
Administration

Manager

July 2010 - October 2015

Furniture

Pakistan

July 2010 - October 2015

• Directed the Finance & Accounts department, guaranteeing precise financial reporting and adherence to regulatory standards.
• Formulated and executed financial strategies that boosted organizational efficiency and productivity.
• Supervised budgeting processes, diligently monitoring expenses and pinpointing cost-saving opportunities.
• Partnered with cross-functional teams to elevate financial performance and align with business objectives.
• Administered accounts payable and receivable, ensuring timely transactions and accurate record-keeping.
• Enhanced financial reporting processes, resulting in improved accuracy and reduced turnaround time.
• Utilized financial analysis to support strategic decision-making and drive organizational growth.

Company industry:
Retail & Wholesale
Job role:
Management

Assistant Manager Accounts

May 2009 - June 2010

Furniture

Pakistan

May 2009 - June 2010

• Supervised the maintenance of general ledgers and trial balances, guaranteeing precision and adherence to accounting standards.
• Implemented effective budgeting, forecasting, and variance analysis, providing valuable financial performance insights for senior management.
• Compiled and presented detailed month-end, quarter-end, and year-end financial statements, encompassing comprehensive income, financial position, cash flow, and changes in equity.
• Directed payroll accounting processes, ensuring timely and accurate payroll disbursements, contributing to employee satisfaction and operational efficiency.
• Collaborated with cross-functional teams to streamline financial reporting processes, enhancing overall departmental productivity and accuracy.
• Actively participated in audits, providing necessary documentation and insights to facilitate a smooth review process.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Program Officer

September 2006 - May 2009

Pakistan

September 2006 - May 2009

• Played a pivotal role in advancing the Punjab Rural Support Program's mission, driving rural development and socio-economic welfare initiatives across 19 districts in Punjab, Pakistan.
• Ensured financial accuracy by diligently checking and reconciling subsidiary ledgers with control accounts using advanced accounting software.
• Conducted thorough reviews of cash transactions, swiftly identifying discrepancies and implementing corrective measures to uphold financial integrity.
• Assisted in the transition from Program Officer to Senior Accountant, demonstrating adaptability and commitment to professional growth within the organization.

Job role:
Management

Associate

July 2005 - September 2006

Pakistan

July 2005 - September 2006

• Spearheaded financial reporting and analysis, ensuring adherence to accounting standards and enhancing accuracy.
• Partnered with cross-functional teams to optimize processes, significantly improving efficiency in financial operations.
• Played a key role in budgeting and forecasting, driving strategic financial planning initiatives.
• Executed detailed variance analysis to uncover discrepancies, proactively recommending corrective actions to management.
• Established and maintained comprehensive financial records, ensuring timely and precise reporting to support decision-making.
• Leveraged advanced Excel skills to automate reporting processes, reducing reporting time by 20%.

Job role:
Sales

Finance Officer

April 2002 - June 2005

The Imperial Electric Co. (Pvt.) Ltd

Pakistan

April 2002 - June 2005

• Spearheaded the preparation of financial vouchers, ensuring precise posting and meticulous maintenance of the company's accounting records.
• Performed comprehensive reconciliations of subsidiary ledgers with control accounts, safeguarding financial integrity and accuracy.
• Executed daily cash and bank transaction reconciliations, significantly enhancing the reliability of financial reporting.
• Fostered collaboration with management and staff to optimize financial processes, driving operational efficiency and effectiveness.
• Developed and implemented strategies for continuous improvement in financial operations, contributing to overall organizational success.

Job role:
Accounting and Auditing

Education

Hailey College of Commerce, University of the Punjab

May 2001

May 2001

High school or equivalent, Audit & Finance (July 2006-December

Pakistan

courses: of Certified Chartered Accountants (ACCA) Completed Professional Part 1 and Fundamental level. Permanent Credits in nine Papers. Major in

Hailey College of Commerce, University of the Punjab

May 1997

May 1997

Bachelor's degree, Audit & Finance (July 2006-December

Pakistan

(

Hailey College of Commerce, University of the Punjab

May 1997

May 1997

High school or equivalent, Audit & Finance (July 2006-December

Pakistan

GPA (percentage): 72%

GPA (percentage): 72%

(

Skills

Financial Reporting
Expert
Financial Reporting
Expert
ACCOUNTANCY
Expert
ACCOUNTANCY
Expert
ACCOUNTS RECEIVABLE
Expert
ACCOUNTS RECEIVABLE
Expert
BALANCE
Expert
BALANCE
Expert
BUDGETING
Expert
BUDGETING
Expert
FINANCE
Expert
FINANCE
Expert
FINANCIAL
Expert
FINANCIAL
Expert
SALES
Expert
SALES
Expert
TAX PLANNING
Expert
TAX PLANNING
Expert
AUDITING
Expert
AUDITING
Expert
BANK RECONCILIATION
Expert
BANK RECONCILIATION
Expert

Social profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

English
Expert
Urdu
Native Speaker