Umer Hassan Khokhar

Experience

• 

  Subway

  Jan 2011 - Sept 2012

  Manager

  • Maintain a high quality of Store Operations.• Analyze financial performance.• Prepare monthly reports.• Ensure customer satisfaction.• Motivate the team to ensure the financial success of the business.• Communicate and Implement company policies.• Recruit, Train and develop a high performing team.

• 

  Buch Villas

  Jun 2013 - Nov 2013

  Accountant

  • Prepare journal entries, complete general ledger operations, monthly closings and preparation of monthly financial statements.• Administer accounts receivable and accounts payable.• Assist with payroll administration.• Monitor and resolve bank issues including fee anomalies, check differences and account/bank reconciliations.• Assist with preparation and coordination of the audit process and assist with implementing and maintaining internal financial controls and procedures.

• 

  Mudassar Ehtisham & Co. Chartered Accountants

  Jan 2014 - Dec 2015

  Audit Senior

  • To ensure while assessing various areas of financial statements that data is in compliance with GAAP, IAS & IFRS regionally applicable along with local laws including but not limited up to Companies Ordinance, Code of Corporate Governance and Stock Exchange Listing Regulations,• To perform risk assessment, evaluate control environment, identify key control activities, understand and document business cycles and testing operating effectiveness of controls,• During planning phase of audit understanding and documenting processes and sub processes which includes walk-through of the process,• To identify operational and business risks in internal controls followed by their comparison with industry best practices, further communicating client with weaknesses identified and also modifying the audit procedures in the light of control weaknesses identified,• To identify the operational, financial and compliance controls and documentation of processes and controls in form of flowcharts,• To develop knowledge of junior team members and help them in resolving issues and guiding them during the audit phase,• To prepare and interpret the financial statements for external purposes and guidance of internal management of the organization,• To communicate with client on various issues identified during the audit,• To prepare the audit opinion with the help of manager and prepare various letters of communication with client's Board. Show less

• 

  NRSP Microfinance Bank

  Nov 2016 - Jul 2018

  Sr. Finance Officer

  • Reconciliation of fixed assets on a monthly basis, charging of depreciation expense to branches and calculation of withholding tax on different assets according to vendors.• Addition and deletion of assets at the bank level.• Charging of prepayments to branches (Rent, alarm monitoring, software, hardware, database ECIB, Motor vehicle, motorbike, fire, terrorism, banker’s blanket, fixed assets, and group life insurance) and verifying proper tax (GST) claimed in different provinces of Pakistan.• Working on the general & specific provision at the bank level.• Booking of accruals for head office and branches.• Reconciliation of inter-branch current account with head office, head office with other banks and dealing with them.• Adjustments of advances against salaries, personal advances of bank staff before and after resignation.• Charging of markup on an inter-branch current account at the bank level.• Charging of pre-opening expenses and liability to branches.• Processing monthly payroll, daily wages and other than payroll staff salaries for all branches and reconciliation of salaries on a monthly basis.• Maintains appropriate filing of financial records, ensures proper backup of all files and providing data to other departments as we as internal and external auditors.• Responding to all types of items charged from branches to head office.• Reconciliation and charging of Branchless Banking Office petty cash. Show less

• 

  VPL Limited

  Aug 2018 - Oct 2020

  Assistant Manager Finance

  • Responsible for all aspects of Accounting (AP, AR, Invoicing, Inventory, General Ledger, Banks, Reconciliations, Payroll & aging of AR, AP).• Responsible for delivering timely and accurate financial processing, month-end closing, cash management reports, profit & loss, and balance sheet.• Preparation of project costing, budgeting & fund management through funded and non-funded lines of credit. • Preparing and presenting of MIS and Cash flow to higher management monthly along with forecasts.• Oversee the Income-tax (WHT) & Sales tax Operations – Accurate and timely preparation & submission of returns, record keeping and coordinating with tax consultants for resolution of tax matters.• Responsible for performing various activities related to FATR, LATR, Bank Guarantees, Letter of Credit, Performance Bonds, Bid Bonds, Import Duties, Earnest Money, Mobilization Advance Guarantee and payments of all sorts.• Ensure the proper management of Fixed Asset Register.• Preparation of half & full-year budgets, Forecasts and projects costing.• Coordinating with external auditors to carry out the semi-annual and annual audit and presenting audited accounts to higher management.Achievements• Implementation of SAP B1. Creating the Chart of Accounts for SAP B1 and linking it to previous accounting software I.Scala. Migration of financial data (customer & vendor wise) from I.Scala to SAP B1. Verification of financial data (customer & vendor wise) after migration on SAP B1. Ensured the proper tagging and transfer of Fixed Assets into SAP B1. Comparison of results of 2 accounting software (I.Scala & SAP B1) by running them parallel for 3 months and presented the results to higher management. Show less

• 

  Aodour

  Nov 2020 - Dec 2022

  Finance Manager

  Streamline and improve reporting requirements, by setting smart objectives of relevant team members hence enabling them to perform at the required level with a realistic targets in sight, such as monthly reconciliations of banks and clearing agents, import costing timelines, handling claims, vendor and other payments and appraising them against the same. Managing and overseeing the daily operations of the accounts department, review petty cash transactions, bank-related issues. Keeping up-to-date accounts and inventory record for the smooth transactions with vendors in a fast-paced environment. Establishing and enforcing proper accounting methods, policies and principles. Provide financial reports and interpret financial information to managerial staff while recommending further courses of action. Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans. Undertaking research into pricing, competitors, factors affecting pricing and proposing discounts in campaign days. Manage all revenue receivables and payable by settling them on timely basis, Risk analysis for business operations as well any new agreements made with vendors, courier companies, Reviewing, checking and approving of payroll. Overseeing Sales Tax, Income Tax, WHT and Audit with consultants. Carrying annual audits and making audit adjustments to close yearly accounts. Show less

• 

  Swyft Logistics

  Jan 2023 - Jun 2023

  Finance Operations Manager

  • Making of organizational strategies, polices in tandem with the business goals of the organization.• Interacting with finance leader by providing costing, budgeting, forecasting & month end closing to ensure sound financial and operating governance.• Controlling fuel & rental costs for all miles which includes inter and intra city movement along with riders’ fuel.• Supervise & analyze internal cost audits, inventory audits & any changes in cost which effect the business profit growth.• Making estimates of new and proposed costs by taking into consideration the existing business verticals and any plans that will cater to new verticals like same day, over-night delivery etc.• Payroll management of more then 700 riders, all operational personnels and all cost related heads • Contribute to the review and update of the risk register.• Reviewing all office policies and procedures, including health & safety and ensuring compliance with all relevant legislations. Show less

• 

  Cozmetica.pk

  Jul 2023 - now

  Finance Business Partner

  Leading the finance department with additional charge of HR & Administration department.