Muhammad Usman CPA

- Heading finance function of group of companies having diversified operations;
- Review of investment portfolios, optimize projects returns through analysis and achieving long term ROI;
- Preparing ad-hoc financial requirements for Managing Director, Audit Committee, Board and Group Chairman;
- Ensuring adequate liquidity, working capital to meet short/medium term operational/investment needs;
- Co-ordinating inter-departmental workflows and key to achieve key corporate milestones
- Proactive advisory to non-financial management/ Board for financial risk & challenges and competitive strategies

Currently working as Group Chief Accountant for group of companies and leading team of ten accountants. Major Responsibilities include;
- Handling full spectrum of financial accounting role at corporate head office level;
- Preparing ad-hoc financial requirements for CFO, CEO and group Chairman;
- Complete review of day to day finance and accounts operations at group level;
- Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting;
- Perform entity wise cash flow forecasting and budgeting;
- Review of balance sheet reconciliations on a monthly basis;
- Perform project cost forecasts / budgets, cost tracking, monitoring and controls;
- Liaison with internal / external auditors for timely completion of audits;
- Perform full set of accounts and ensure timely closing of accounts;
Prof

During this period working as a Experienced Senior in audit and assurance side managing various assurance assignments and leading teams. Major Responsibilities include;
- Analysis of financial statements, variance analysis and ratio analysis to identify anomalies and ensure consistency of reported financial information
- Coordinating with the stakeholders and concerned departments to discuss and resolve issues including weaknesses in internal controls and regulatory compliance.
- Reviews of financial statements to ensure compliance with International Financial Reporting Standard (IFRS) and applicable local statutory laws.
- Review of systems and processes to identify and resolve internal controls weaknesses and performing compliance with regulatory matters.
- Report drafting for communication with senior management identifying control weaknesses, its implications and recommendations.
- Preparing all balances sheet reconciliations and follow-up on issues with concerned department for resolution of reconciliation differences
- Preparing financial reporting packages and ensuring compliance with company accounting policies and templates.
- Maintaining general ledger accounts, ensuring completeness of data and maintaining and reviewing supporting schedules for completeness and accuracy
- Review of period end adjustments and testing them for reasonableness and accuracy.
- Preparing margin analysis and assessing variances in revenues streams and cost centers.

- Monitoring daily financial transactions, monthly investment positions and monthly liquidity position for compliance with agreed SOPs.
- Responsible for all financial analysis linked to accounting activities.
- Preparation and compilation to Annual Budget and monitoring for any variance between actual and budgeted figures.
- Preparation of company's financial analysis sheet and Presentation for Board of Directors.
- Preparing and Compiling Monthly Information Pack of various divisions of the company for presented to CFO and CEO.
- Preparing, collecting and analyzing financial data for Management Reporting on need to know basis.
- Review of companywide Bank Reconciliation Statements, Loans and Due to/from balances.
- Liaising with external and internal auditors.

- Performing statutory audits as per International Standards on Auditing
- Preparation of Separate and Consolidated Financial Statements in accordance with International Financial Reporting Standards
- Reviews of Bank Credit Portfolios
- Banks Business process re-engineering assignments
- Carrying out Agreed-Upon-Procedures assignments
- Third party Validation assignments