Muhammad Umar Khurshid

Address : Dubai, Unites Arab Emirates Email : umer_khurshid@hotmail.com Mobile : +971 55 1168697 Visa Status : valid till April 7, 2016

Career Objective To build and nurture a professional career that allows me to enhance my skill set, while contributing to the growth and value creation process of my organization.

Personal Statement I’m an enthusiastic, committed and hardworking professional with capability to manage financial and business advisory matters at strategic level, proved my abilities by achieving targets, goals and meeting deadlines. Apart from my technical and leadership skill set, I’m a critical thinker with strong analytic skills.

Professional and Academic Qualifications Qualification Institute Year

Associate Chartered Accountant Institute of Chartered Accountants of Pakistan (ICAP) 2016

Masters Higher Education Commission of Pakistan (HEC) Applied

A-Level-Commerce Lahore Grammar School (LGS) 2009

Matriculation-Science Pride Public School 2007

Professional Experiences Deputy Manager Accounts and Finance July 2015 – October 2015 Nishat Mills Limited Lahore, Pakistan I led the team of six finance professionals. I performed duties related to Financial Accounting & Reporting based on ERP environment using Oracle-R12 Business Suite.

Preparing and finalizing annual report; o Director’s report, including segment wise analysis and analysis of elements of financial

statements. o Horizontal and vertical analysis of financial statements.

Preparing quarterly, half yearly and annual financial statements of Nishat Mills Limited and Nishat USA Inc. in accordance with the requirements of International Financial Reporting Standards, GAAP’s and Company’s Ordinance of Pakistan.

Preparing monthly management report (MIS) & budget analysis, CAPEX, OPEX, Budget Variances, Collections, and Financial KPIs.

Filing of monthly with-holding tax statements and depositing weekly tax deducted to comply with the provisions of Income Tax Ordinance Pakistan.

Coordinating with External and Internal auditors to fulfill their requirements to ensure all audit activities are being performed without delays.

Liaison with Logistics, Sales & Marketing department to ensure accurate costing & invoicing.

Ensuring accuracy, completeness & integrity of General Ledger by reviewing daily posting and regular reconciliation of control accounts.

Reviewing all the foreign payments made through FTT or FDD by checking IBAN number and authorization of relevant personnel on documents.

Preparing budgets/forecasts & long term plans; through rationalization, validation, and verification of figures and balances.

Ensuring timely and accurate processing of receipts, invoices, expense reports, credit & debit memos and payments.

Performing receivable ageing analysis and ensuring timely follow up for collection of debts to maintain healthy working capital.

Reviewing purchase ledgers to ensure that all expenses are accurately posted and monitored against the set budget.

Ensuring compliance with internal controls and procedures as per company’s financial Policies and suggests improvements.

Senior Audit Associate May 2011 – February 2015 PricewaterhouseCoopers (PwC) Lahore, Pakistan Assurance and Business Advisory Services at PwC

Preparing stand-alone as well as Consolidated Financial Statements of Listed Companies in accordance with the requirements of International Financial Reporting Standards and Company’s Ordinance Pakistan.

Developing flexible audit plan using risk based methodology, including any risks or control concerns identified at control evaluation stage.

Execution of audits including planning, fieldwork and analysis of findings and generating the audit reports to present the results to partner.

Evaluating Cash Flow Projections prepared by the management including operational assumptions used, economic forecast, cost of capital and sources of future finance to conclude on applicability of Going Concern Assumption.

Evaluating Cash Flow projections prepared by management to identify indications of impairment of Goodwill and individual cash generating units.

Preparing tax computations for current year tax and deferred tax.

Review of audit work performed by team members and assessed for accuracy in light of risks identified.

Involved in numerous engagements relating to the audit and assurance and developed understanding of following sectors:

Paper board and tissue Packages Limited.

Cement DG Khan Cement Company Limited.

Beverage The Coca Cola Export Corporation.

Not for profit World Wide Fund For Nature - Pakistan

Construction Pace Pakistan Limited

Global Risk Management Services (GRMS) at PwC

Expertise includes functional implementation of following modules: o Oracle General Ledger

o Oracle Cash Management o Payroll Management System

Assisting IT team in designing and developing reports in the Oracle to meet the specific reporting requirements of users and management regarding the business processes.

Conducting user trainings on Oracle implementation projects.

Conducting business process reengineering (BPR) by documenting the process implemented by the

client, performing Gap analysis & recommending improved processes and developing To-Be business process document.

Skills Extensive exposure of Microsoft Office, Visio and Project.

Extensive working knowledge of SAP, Oracle, Quick book and Tally.

Leadership and Management Skills.

Excellent presentation and interpersonal skills.

Personal Information Nationality Pakistani.

Date of birth February 27, 1991.

Languages Written and spoken fluency in English and Urdu.

Marital Status Single