Umair Bashir

|A jm a n, UA E | + 971566360610|
bum ia r @ya ho o .c om

UAE Dr iving L ice nse : Y es

Professional Profile:
Dedicated ACCA Member/ Qualified with over 5 experience of maintaining accounts, closing monthly
accounts, payable/receivables management, expenditure reconciliation & analysis, costing of projects,
budgeting & forecasting and internal audit reporting in Government Sector, FMCG and Service Industry.

Prepared Consolidated Financial Statements as per IAS/IFRS and liaising with external auditors for
reporting purposes.

Prepared Management Accounts and performed trend analysis with budget to actual comparison on
monthly basis.

Prepared Internal Audit Reports in the areas of internal control, compliance and business operations.

Ensured accurate and timely processing of multiple invoice categories for payment to facilitate timely
closing of A/P Sub Ledgers on monthly basis and to manage unexpected payment delays.

Reviewing accuracy of allocated expenses in General Ledger Accounts, reconciling with maintained
schedule lists and passing adjustments in ERP as part of cost centre reporting for monthly closing.

Strong analytical skills, supported business units through analysis of key performance indicators and
performance reporting to support executive level decision making.

Rapidly adapt to new technologies and possess expertise in SAP R/3 (FI & CO Modules),
Oracle EBS R/12 and broad range of Accounting Softwares (SAGE LINE 50, QuickBooks And
Peach Tree Certified)

History of excellence in ..
+ Project Financial Reporting
+ Project Status Reporting
+ Performance Reporting
+ Budget Monitoring
+ Budget Reconciliation
+ Internal Audit Reports
+Compliance Reporting
+Management Accounts

+ Expenditure & Accounts Reconciliation

+ Vendor Review and Reconciliation
+ Consolidated/ Group Financial Analysis
+ Group Financial Reporting
+ Petty Cash Management
+Bank Reconciliation
+Accounts Payables/Receivable Cycle
+Fixed Asset Management

+ IAS & GAAP Reporting

+ IPSAS Compliance
+ Oracle EBS R/12
+ SAP R/3(ECC 6.0.Production)
+ ERP implementation
+ Excel Financial Modelling
+PowerPoint Presentations
+Visio Flow Charting

Education:

ACCA Member(Association of Chartered Certified Accountants)

UAECA Member (United Arab Emirates Chartered Accountant)

Bsc. Honors degree in Applied Accounting from Oxford Brookes University UK (Second class
First division (2.1)

A Levels-UCLES (Accounting, Economics & Business Studies)

Professional Experience:
Municipality & Planning Department, Ajman United Arab Emirates
Present)

(March 2014 -

AIMS Group as part of Municipality & Planning Department - Ajman has been performing leading execution of activities for
infra-structure development and technical assistance in the areas of Road Construction, Waste Management, Health & Hygiene,
Advertisings and equipment rentals.

Group/Divisional lead Accountant AIMS GROUP

Preparing performance summary for KPIs for assigned division and performing budget vs actual variance
analysis of KPIs resulting in significant improvement of utilization of resources, return generated and actual
output.

Reviewing material consumption in G.L and sales delivery orders recorded in ERP to ensure invoices generated
are correct and accurately reflect raw material and inventory balances for monthly closing.

Performing reconciliation of supplier balances with A.P sub ledger balances & creating provisions for
unaccounted invoices in G.L to facilitate monthly accounts closing.

Performing adjustments by passing Journal Voucher for G&A expenses charged to division and to ensure
closing balance are correctly accounted in G.L for individual trail for financial reporting & consolidation.

Established maximum tolerance levels for repeated petty cash transactions that strengthened control
environment and led to minimize inherent risk as part of operations.

Created financial models for Group Financial Statements & Divisional Level Performance Reporting that
resulted in effective time saving to prepare financial statement and efficient daily reporting for divisional KPIs.

Prepared monthly management accounts, reconciling CAPEX and intercompany transactions to manage
significant expenditure fluctuation for management reporting.

Settled material duplicate Invoices submitted by sub-contractor of key amounts by identifying amount
already paid in subcontractor billing summary.

Compiled payment and financing schedules for selected construction projects and presented to Auditors on
timely basis to facilitate yearly Audit.

Implemented Customized ERP System in Contracting Division that strengthened existing control
environment by generating real time material consumption report, automated delivery notes and invoices.

Packages Ltd Pakistan

(September 2012 November 2013)

Packages Limited is involved in complete range of packaging solutions including offset printed cartons and flexible packaging
materials and consumer products to individuals and businesses world-wide. It has a work force of over 1500 people and
maintains a sales trend of US $ 100 million.

Internal Audit Officer

Strengthened internal control procedures by reviewing and performing relevant postings in

Accounting(FICO), Logistics(MM, SD,PP) & HR module in SAP R/3 ECC 6.0 Production for operational
and compliance audits.

Preparing Summary Of Audit Observations for Quarterly Audit Committee Review to concisely present the
recommend improvements in current policies and procedures for the performed audit assignments.

Reported material observations in cash and bank section that led management to develop tolerance levels for
monthly reimbursements to facilitate proper budget allocation to cost centres.

Reported material observations in production planning on projections and actual production that led relevant
business unit head to adjust mismanagement in production of finished consumer products.

Reported material observations on product-costing of manufacturing unit that led management to adjust
transfer pricing policy for product segment and adjust variance in plan vs actual machine cost.

Reported material observations on fixed asset management for insurance policies that led department for
compliance with organizations directives and asset contract management for insurance recovery.

Reported material observation on employee transport department identifying material discrepancies in

allocated vehicles in order to overcome operational mismanagement in vehicle pool maintained.

Prepared Process Flow covering various L/C (letter of credit) process for imports and purchase cycle;
highlighting thorough processes including issuance and dispatch of goods for Supply Management Unit and
Central Logistics Department while reporting control weakness observed.

United Nations Office Of Project Services - Headquarters Denmark. (July 2011 July 2012)
UNOPS provides project management, procurement and infrastructure services to governments, donors and UN organizations,
such as the Government of Haiti, the United Nations Children's Fund (UNICEF) and the UK Department for International
Development (DFID).It has a multi cultural workforce with its head quarters in Copenhagen Denmark and regional offices and
operational hubs located in countries in Asia pacific, Africa, Middle East, North America and Europe.

Portfolio Assistant

Entering and revising project budgets submitted by project managers during the financial year in budgeting
module & performing actions for correction i.e. General Ledger Journal Entries (GLJES) in Oracle EBS R/12.

Prepared quarterly and final financial statements of relevant cash based Projects for relevant Regional Office
finance focal points.

Performing variance analysis of expenditure vs budget for individual activities of project to review budget
allocation & Reviewing P.O in system for correct vouchers processing and minimizing wrong P.O postings.

Analyzing the business acquisition trend of portfolio based on KPI Dashboard for projects & performing cost
recovery allocation of individual projects for costing purposes.

Performing petty cash reconciliation and bank reconciliations taking into bank statement, closing balances,
funds in transit and unaccounted items in G.L.

Provided necessary financial data and documentation to UNOPS Senior Management regarding financial
information claimed by UNOPS is correct and necessary amendments needed to be made on clients end
accordingly for claimed funded amount.

Acted as Focal Point while dealing successfully with World Bank for release of disbursement of funds under
the direct supervision of Senior Portfolio Manager regarding Project under working Portfolio.

Negotiated successfully with Regional Office Finance team for approval of budget of a Project falling under
working Portfolio that resulted in management of important pending obligations and managing status of
project.

Dealt with Project Closure Expenditure Reconciliation of a Project by performing expenditure reconciliation of
Project where client was stressing for sharing of Final Budget Revision. The Financial Reconciliation was
performed and shared with UNDP on client request successfully.

Successfully Performed and shared payroll expenditure reconciliation for Project under working portfolio to
resolve discrepancies observed by Senior Portfolio Manager as part of overall project expenditure.

Telemark Engineering - Pakistan

(April 2009 September 2010)

Finance And Payments Associate

Reviewing requisitions and purchase orders to efficiently create invoices for payments in SAP R/3 (FI-AP).

Performing various entries for issuance, consumption, price differences and reversals in SAP (FI-GL,AP,AR).
Processing advance settlements vouchers by checking contract, payments made and remaining balance.

Preparing schedules to effectively allocate costs to cost centres in SAP (COCCA)

Creating internal orders for expected obligations, accrual orders and overhead allocation for effective cost
centre accounting in SAP-CO.

Preparing petty cash reconciliation and bank reconciliation statement on monthly basis and preparing A.P &
A.R schedules to facilitate bank financing arrangements.

Submitting tax returns for Government Authorities and performing tax reconciliations by taking into account
exempt items, allowances and adjustments with basis period.

Finalizing monthly accounts and preparing quarterly financial statements and loan reports for review.

IT Skills:

In-depth Knowledge of Oracle EBS R/12 and SAP R/3 (ECC 6.0 Production)

Advanced Knowledge of MICROSOFT EXCEL (Pivoting Reports, V-look-up, Filter, Grouping etc.)

Language Skills:

Fluent in Urdu and English with basic understanding of Arabic and Spanish.

Report writing Skills:

Prepared Internal Audit Reports for quarterly audit committee review.

Prepared financial - research and analysis project on Fauji Cement Company Ltd .