Umar Farooq CPA Washington License, CMA, MBA(Finance)

Umar farooq cpa washington license, cma, mba(finance)

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location of Umar Farooq CPA Washington License, CMA, MBA(Finance)Dubai, United Arab Emirates
Phone number of Umar Farooq CPA Washington License, CMA, MBA(Finance)+91 xxxx xxxxx
Followers of Umar Farooq CPA Washington License, CMA, MBA(Finance)2000 followers
  • Timeline

    Mar 2008 - Jun 2010

    Accounts Officer

    Textile Solutions
    Jul 2011 - Nov 2013

    Assistant Manager Costing and Budget Planning

    NRS International
    Dec 2013 - Feb 2015

    Accounts Manager

    Hamble MEA
    Current Company
    Mar 2015 - now

    Financial Controller

    Relianci Group UAE
  • About me

    Financial Controller @ Relianci Group UAE | CPA, ACMA

  • Education

    • Aicpa

      2022 -
      Ifrs certificate financial reporting

      IAS and IFRS

    • Shiblee college of commerce faisalabad

      2005 - 2007
      Bachelor of commerce (b.com.) information technology a

      Activities and Societies: FSC and B.com

    • Shiblee college of commerce faisalabad

      2003 - 2005
      F.sc pre-engineering a
    • Anjumin-e-islamia h/s faisalabad

      2002 - 2003
      Matric science

      Activities and Societies: football Matric

    • Institute of cost and management accountants of pakistan (icma pakistan)

      2011 - 2013
      Acma (associate cost and managment accountant) management and cost accounting

      Activities and Societies: Management Accounting ACMA

    • Certified public accountant (cpa)

      2020 - 2021
      Cpa usa (certified public accountant (cpa)) accounting, finance, audit, cost accounting, management accounting
    • Government college university, faisalabad

      2008 - 2010
      Mba (banking and finance) a+
  • Experience

    • Textile solutions

      Mar 2008 - Jun 2010
      Accounts officer

       Managing the Accounts Payable by ensuring suppliers’ payment on time, regular review of aging report, timely monthly closing and reconciling the accounts payable. Supervising Accounts Receivable by ensuring receipt on time by review and analysis of aging report and investment analysis. Preparation of profit and loss statements and monthly closing and cost accounting reports Prepare and review budget, revenue, expense, payroll entries, invoices Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, Monitor and review accounting and related system reports for accuracy and completeness. Journal and ledger entries Managing the Accounts Payable by ensuring suppliers’ payment on time, quarterly supplier reconciliation, regular review of aging report and timely monthly closing of accounts payable Dealing with all matters related to Sales Tax Show less

    • Nrs international

      Jul 2011 - Nov 2013
      Assistant manager costing and budget planning

       Accounts Receivable Management Accounts Payable Management Preparing financial statements  Analyzing company's financial performance and making longer term forecasts  Product costing and Pricing Preparation of monthly Stock Taking Reports (Raw Material, WIP, Finished Goods) and reporting the variances. Preparation of Cost Sheets Arrangements of LC payments and calculate imported material landed Cost. Breakeven Analysis of the group and SBU’s wise Managing the Fixed Assets of the company including Fixed assets register maintenance, addition / deletion of assets, preparing depreciation schedule Working Capital Management making sure spending is in line with budgets To implement SAP Production Module in both manufacturing divisions. Performed variance analysis and cost analysis to understand inefficiencies in systems Worked with other departmental heads to review budget allocation and expenditure Identified key cost cutting measures and implemented them Implemented SAP for cost control and standard cost Involved in implementing new cost control measures and revised inventory procedures Identified budget control areas and recommending ways of cutting costs Working with all departments and the management team to help make financial decisions Organizing, coordinating, manufacturing and evaluating SAP implementation and integration. To examine existing business processes and identify areas of process improvement. Show less

    • Hamble mea

      Dec 2013 - Feb 2015
      Accounts manager

       Managing and overseeing the daily operations of the accounting department Monitoring and analyzing accounting data and produce financial reports or statements Establishing and enforcing proper accounting methods, policies and principles Coordinate and complete annual audits Improve systems and procedures and initiate corrective actions Assign projects and direct staff to ensure compliance and accuracy Meet financial accounting objectives Establish and maintain fiscal files and records to document transactions Show less

    • Relianci group uae

      Mar 2015 - now
      Financial controller

       Analyze and report monthly P&L and monthly performance review Use the reports & dashboards to advise management of potential risks and/or gaps so early corrective action can be taken. Apply timely, accurate and consistent understanding of actuals, forecasts, budgets, and risks to predict and gauge operational and market risks. Demonstrate strong technical and analytical skills with capability to summarize findings straight to the point (financial modeling, scenario analysis, business case… etc.). Reviewing and cross-checking financial data Generates accounting statements and reports. Provides monthly financial and management reports.  Providing regular sales and activity reports. Manage, support and supervise finance and accounting team Cost analysis and recommending cost-saving measures Management of risk and ensuring that all the accounting activities are compliant with regulations VAT Reporting  Financial planning, Budgeting and Forecasting Show less

  • Licenses & Certifications

    • Acma

      Institute of cost and management accountants of pakistan (icma pakistan)
    • Ifrs certificate

      Aicpa
      May 2023
      View certificate certificate
    • Diploma corporate tax uae

      Pwc's academy middle east
    • Cpa

      Aicpa
      Jan 2021