Muhammad Usman, Accountants Manager

Muhammad Usman

Accountants Manager

Fanavi Accounting and Tax Consultancy LLC

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Economics and English
Experience
5 years, 1 Months

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Work Experience

Total years of experience :5 years, 1 Months

Accountants Manager at Fanavi Accounting and Tax Consultancy LLC
  • United Arab Emirates - Dubai
  • My current job since August 2023

• Doing Accounting and Bookkeeping.
•Managing accounts payable and accounts receivable.
•Reconciling bank balance and credit card with books.
•Maintaining general ledger by categorizing transactions into appropriate accounts.
•Auditing financial transactions and documents.
•Compute input and output tax and assist in filling VAT returns.
•Managing balance sheets and profit & loss statements.
•Managing cashflow statement to report on the company’s financial health and liquidity.
•Assist in doing AML surveys (e.g.) KYC’s & Sales records.

Accountant And Auditor at Remote
  • Pakistan - Multan
  • November 2022 to August 2023

• Managing all accounting transactions.
• Raising invoices.
• Recording collections
• Recording vendor bills.
• Recording vendor payments.
• Audit financial transactions and documents.
• Managing accounts payable and accounts receivable.
• Reconciling bank balance and credit card with books.
• Maintaining general ledger by categorizing transactions into appropriate accounts.
• Assist and support in Payroll related matters.
• Assist in preparing Journal entries.
• Assist and support monthly closing procedures.
• Compute input and output taxes and assist in preparing tax returns.
• Preparing budget forecasts and budget comparison.
• Managing balance sheets and profit & loss statements.
• Managing cashflow statement to report on the company’s financial health and liquidity.

Assistant Manager at Ahmed fine textile mills Ltd.
  • Pakistan - Multan
  • June 2019 to August 2022

• Developing comprehensive and practical SOP’s and ensuring compliance.
• Supervise the internal controls system of the company.
• Daily audit of petty cash position and financial transactions.
• Ensuring correct invoicing and billing.
• Ensuring correct bank payments and receipts.
• Ensuring correct GST payments.
• Preparing banks reconciliation.
• Conducting monthly stock take and applying cut-off procedures.
• Preparing fortnightly and monthly stock report and inventory reconciliation.
• Preparing monthly audit observation report with detailed analysis and comments.
• Preparing monthly stock aging and analysis report.
• Preparing monthly store consumption & capitalization and analysis report.
• Preparing monthly production yield report and one page report with detailed analysis.
• Preparing monthly Valuation of finished goods and W.I.P. report.
• Budget comparison and variance analysis.
• Preparing packing and sizing cost report.
• Maintaining construction projects material and labor cost detailed report.
• Special audit assignments.

Finance Intern at Mehboob sheikh & co Chartered Accountants
  • Pakistan - Multan
  • March 2019 to June 2019

As an internee my responsibilities are to assist the senior associates in day-to-day tasks such as Data mining, Conducting research, Analyzing data, Preparing financial statements and assisting in overall audit process. My duties also includes administrative tasks such as Data entry and assist in Return filling.

Education

Bachelor's degree, Economics and English
  • at Bahauddin Zakariya University
  • March 2023
Master's degree, Financial and Cost Accounting & Management
  • at Institute of Chartered Management Accountant International
  • September 2022

Institute of Chartered Management Accountants International is one of the leading professional accounting organization in the World Chartered under Pakistan's constitution. It follows a philosophy which inculcates theoretical concepts along with trusted professional competence. The Higher Education Commission of Pakistan recognizes the ICMAI qualification equivalent to Master's degree for the purpose of employment and higher education. The Institute has a membership of following International & Regional accounting associations and it is actively involved to promote the profession of accounting across the globe: • International Federation of Accountants (IFAC) • Confederation of Asian and Pacific Accountants (CAPA) • South Asian Federation of Accountants (SAFA) • IFRS Foundation • International Corporate Governance Network (ICGN)

Specialties & Skills

Report Production
Inventory Management
Cost Reporting
Internal Audit
Financial Reporting
Cost Accounting
Cost Reporting
Financial Analysis
Budgeting
Financial Accounting
Internal Audit
Microsoft Excel
Oracle Reporting
Financial Reporting
Financial Modeling
Financial Management
QuickBooks Online

Languages

English
Expert
Urdu
Native Speaker
Hindi
Intermediate

Training and Certifications

Corporate finance fundamentals (Certificate)
Date Attended:
March 2023
Creating charts and dashboards in excel (Certificate)
Date Attended:
February 2023
Applied math for financial advice (Certificate)
Date Attended:
March 2023
Analyzing growth drivers & Business risks (Certificate)
Date Attended:
February 2023
Stock Valuation using comparable companies' analysis (Certificate)
Date Attended:
February 2023
Building budget & Analyzing variance (Certificate)
Date Attended:
February 2023
Stock Valuation using Dividend Discount Model (Certificate)
Date Attended:
February 2023
Excel Fundamental - Formulas for Finance (Certificate)
Date Attended:
February 2023
DCF Modeling (Certificate)
Date Attended:
February 2023
Analyzing Company performance using Ratios (Certificate)
Date Attended:
February 2023
Reading Financial Statements (Certificate)
Date Attended:
February 2023
Create a Financial Statement using Microsoft Excel (Certificate)
Date Attended:
February 2023
Accounting Fundamentals (Certificate)
Date Attended:
February 2023
Chartered Management Accountant (Certificate)
Date Attended:
September 2022

Hobbies

  • World Politics
  • Watching informative videos
  • Exercise