Umer Farooq (ACMA,APFA)

Experience

• 

  National Communication Services smc- pvt ltd (Dunya Tv/ Dunya Newspaper)

  Mar 2012 - Sept 2013

  Assistant Manager Accounts

  • Assist Director Accounts and Finance in Newspaper project• Preparing Budgets, Reconciliation of funds• Calculation Production Cost,• Calculating Cost Per Newspaper of Different Stations• Variance Analysis• Conducting Monthly Stock taking • Preparing Daily Business Report• Preparing Daily Bank and cash Report.(DBR)• Weekly reporting of invoicing totals/aging totals/cash receipts/invoice adjustment• Preparing Monthly Collection Targets, Knocking off Report, Monthly Outstanding• Reconciliation of accounts• Preparing Monthly Accounts.• Liaison with auditor as an Audit coordinator.• To ensure the timely billing of all release order.• To ensure the accuracy & completeness of invoices to avoid any conflict with clients / agencies.• For Issuance of debit / credit note against invoices.• Preparation of Daily, weekly, monthly, quarterly, bi annually and annually reports for the management on timely basis. Show less

• 

  Master Group of Industries

  Oct 2013 - now

  Manager Accounts

  • Providing supervision to accounting staff members of All divisions• Overall Supervision of Costing & Budgeting Staff• Monitoring and interpreting cash flows and predicting future trends• Researching and reporting on factors influencing business performance• Conducting reviews and evaluations for cost-reduction opportunities• Maintaining Chart of Accounts• Stock Management of All division from financial point of view• Supervision of all financial transaction• Ensure Compliance with internal controls over financial transactions• Supervision and review of reconciliation with banks, suppliers & inter-company accounts• Monitoring intercompany transactions• Ensuring necessary adjustment entries in GL• Preparing feasibility reports for development projects• Preparation of financial statements• Preparation of monthly Supplier Payment budget Budgets, Collection Budget, & Expense budget • Controlling & supervision of Supplier Payment• Supervision of outward processing of Material from third parties• Supervision of reconciliation of ledgers• Leading to all team in implementation of new ERP System• Assisting to G.M Accounts & Finance in other day to day matters related to Accounts• Also work for 4 month as Manager Procurement Show less