Umer Shakeel

Experience

• 

  Deloitte

  Dec 2012 - Jul 2014

  Internee

  Assist audit team in conducting fieldwork, including verifying financial transactions, examining documents, and performing audit procedures under supervision.Compile and organize audit evidence, ensuring accuracy and completeness of documentation for review by senior team members.Collaborate with team members to analyze financial statements, identify discrepancies, and draft audit findings for review by supervisors.

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  Fauji Fertilizer Company Limited

  Mar 2015 - now

  Commercial Finance Operations (Sales Accounting)Led a high-performing team overseeing Accounts Receivable for two companies, managing an annual revenue of more than PKR 350B.Spearheaded revenue management initiatives, optimizing collection methods resulting in handling a revenue stream , leveraging online and one Link payment platforms.Managed relationships with more than 15 commercial banks, ensuring efficient collection processes and resolving queries promptly.Extended support to over 4000 customers through effective helpdesk management and enhancing controls over cash and credit sales.Monitored product profitability and devised pricing strategies in a competitive market landscape.Played a pivotal role in forecasting, internal/external audits, and continuous improvement efforts in SAP integration, demonstrating expertise and delivering timely results.Managing pricing in SAP SD module.Managing monthly, quarterly and annual closing related to Revenue.Managing and implementing tax & regulatory changes in the system.Tax Matters Income Tax (Direct) and Sales Tax (Indirect) pertaining to Revenue.Managing consignment account of associated companies. Show less Supervised a proficient Accounts Payable team of 6 members, ensuring efficient processing of vendor, contractor, and employee payments in SAP.Managed end-to-end accounts payable processes including tax withholdings, statutory reporting, and compliance with IFRS standards.Orchestrated monthly SAP closing activities, facilitating GR/IR clearing, accruals, and resolution of open POs for swift financial reporting.Led budgeting, forecasting, and business reporting efforts, ensuring alignment with OPEX and CAPEX targets of various cost centers.Implemented tax and regulatory changes within the system in coordination with SAP consultants, ensuring compliance and accuracy.Directed internal/external audits, conducted team building and training activities, and managed Fixed Assets accounting in SAP.Spearheaded process automation projects, enhancing efficiency through automation of employee medical claims, asset transfer forms, and development of new reports in SAP.Special assignments including IMS internal audits, review of Company policies, work procedures, procurement manual and suggestions for improvement, project appraisal etc. Show less

  • Assistant Executive Finance

    May 2023 - now

  • Junior Executive Finance

    Jan 2018 - Apr 2023

  • Management Trainee Finance (ACCA Industry Articles)

    Mar 2015 - Dec 2017