Umair Khalid, Accountant

Umair Khalid

Accountant

M I H BUILDING MATERIAL GROUP

Location
United Arab Emirates
Education
Master's degree, Accounts, Finance & Audit
Experience
11 years, 4 Months

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Work Experience

Total years of experience :11 years, 4 Months

Accountant at M I H BUILDING MATERIAL GROUP
  • United Arab Emirates - Sharjah
  • My current job since March 2016

• Compilation of Quarterly & Annual Financial Statements in light of IAS’s, IFRS’s & ISA’s, also analyze financial information to prepare entries to accounts, i.e. general ledger accounts.
• Analyzing the company’s financial information & Preparation of Management Information system (MIS) on monthly basis. Also involved in inter-office reconciliation and Recalculation & inspection of opening & key balances.
• Registration of Company for VAT and its implementation in system, recording & keep records for VAT return
• Maintains Bank balance, Bank Reconciliation, Purchase & Journal books of accounts.
• Reconciliation of Accounts Receivable, Monitoring of AR ageing, prepare Payments for suppliers & Monitoring of AP
• Branch Audit including audit of expenses on basis of results budget for branch set on quarterly basis and report on variance, sales and VAT reconciliation.
• Analyzing revenue trends, set required expenditure budget levels & ensure strong control on expenditure.
• Calculating wide range of Ratios, Margin & Variance, also Cash Budgeting & comparing actual and desired results.
• Maintaining payroll records & preparing payroll summary on monthly basis with coordination of HR department.
• Handling of Accruals and Prepayments.

Audit Associate at Deloitte Yousuf Adil Chartered Accountants
  • Pakistan - Lahore
  • February 2015 to November 2015

During my stay in the firm I have been engaged on various Audits, which enabled me to obtain substantial and diverse exposure of financial and non-financial activities of various industries.
INTERNAL AUDITS
I was involved in the following Internal Audits assignments apart from performance of fieldwork:
• Involvement and critical assessment of Purchase audit cycle initiates from raising purchase requisition, reviewing stock levels, and quotation raised to finally approved purchase order to vendor.
• Sale and Purchase verification, Undertaking Physical inspection of raw material, packing material, work in progress and finished goods for management accounts and product costing purposes. Admin controls and expenses
• Assessment of the internal controls in order to ensure their alliance with the requirements of the environment and nature. Holding meetings with client personnel to resolve issues and removal of the expectation gap.
EXTERNAL AUDITS
I was involved in the following External Audits assignments apart from performance of fieldwork:
• Conduct of statutory audits and system audits;
• Assessment of the financial statements in order to ensure their compliance with the requirements of the local laws, Regulation and International Financial reporting Framework (IFRS).
OTHER ASSIGNMENTS
I was involved in planning and making of Budgeting, Tax Return filing, Stock Taking & Fixed Asset Register.

Accounts & Finance Officer at Being Human Development Services
  • Pakistan - Lahore
  • February 2013 to January 2015

• Assisting in Accounts Preparation & Finalization, also involved in Budgeting & Cost Analysis
• Preparing Bank reconciliations, Inter-branch reconciliation, Receivable/payable reconciliations,
• Involved in Quarterly Branch Internal Audit, calculating & submitting Tax Return (withholding Tax, Tax Deducted at source, Payroll and its Management
• Creates the reports in company’s MCOS with the support of I.T development team, which enhance the efficiencies in finance position.

Trainee at Hameed Majeed Associates
  • Pakistan - Lahore
  • June 2014 to September 2014
Finance Trainee (Voluteer) at DAMEN
  • Pakistan - Lahore
  • February 2012 to May 2012

Education

Master's degree, Accounts, Finance & Audit
  • at Accountants & Auditors Association
  • April 2018

UAECA - United Arab Emirates Chartered Accountants

Master's degree, ACCA-Association of Charterd Certified Accountants
  • at CAPS-ACCA
  • June 2014
High school or equivalent, ACCOUNTS
  • at CAPS - FIA(Foundation in Accountancy)
  • December 2011

Specialties & Skills

MS Office tools
Financial Statements
Accounts Payable
Oracle ERP
Accounts Payable
Tally ERP 9
Quickbooks
Peachtree
Financial Statements
MS Office ( Word, Excel)
Oracle ERP
Team Player
General Accounts

Social Profiles

Personal Website
Personal Website

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

Languages

English
Intermediate
Urdu
Native Speaker

Memberships

ACCA Body
  • ACCA - Member
  • November 2017
Accountants & Auditors Association
  • UAECA - United Arab Emirates Chartered Accountants
  • April 2018