Umar Daraz Email and Phone Number
Umar Daraz personal email
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Financial executive with broad experience in all aspects of accounting, auditing and financial management. Direct experience with Manufacturing, Consturction, EPC and Consulting Engineers. To lead the organization being strategic partner of top management team of organization.Specialties: Budgeting & Forecasting.Financial Reporting & Audit Preparations.Management reporting & Performance Management.Working Capital Management & Treasury Functions.Facility Negotiation & Leasing.Regulatory Affairs.
Al-Jalil Developers
View- Website:
- aljalildevelopers.com
- Employees:
- 356
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Hod - Internal AuditAl-Jalil Developers Jun 2021 - PresentLahore• Cash Flow Forecast and manage transfer of funds to branches and adjustment of expenses.• Supervising computerized Accounting Functions of the whole network.• Finalizing of Accounts and preparation of Monthly and Annual Financial Statements.• Dealing with financial institutions regarding financing and leasing.• Working Capital Management.• Dealing with Tax Consultant and IT Developers and External Auditors. -
Chief Financial OfficerH.N. Schools - H.N. Group Oct 2018 - PresentMultan, Pakistan• Cash Flow Forecast and manage transfer of funds to branches and adjustment of expenses.• Supervising computerized Accounting Functions of the whole network.• Finalizing of Accounts and preparation of Monthly and Annual Financial Statements.• Dealing with financial institutions regarding financing and leasing.• Working Capital Management.• Dealing with Tax Consultant and IT Developers.
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Chief Financial OfficerH.N. Schools Network Jun 2021 - Jan 2022Lahore• Cash Flow Forecast and manage transfer of funds to branches and adjustment of expenses.• Supervising computerized Accounting Functions of the whole network.• Finalizing of Accounts and preparation of Monthly and Annual Financial Statements.• Dealing with financial institutions regarding financing and leasing.• Working Capital Management.• Dealing with Tax Consultant and IT Developers and External Auditors.
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Chief Financial Officer & Company Secretary.Trust Securities & Brokerage Limited Apr 2017 - Sep 2018Lahore, Pakistan• Managed issuance of Rs.200 million rights shares, increase in authorized capital from 100 to 750 million, paid up capital 100 to 300 million and shifting of registered office etc.• Ensured timely renewals/registration of corporate office, branches, agents and directors change.• Controlled cash flows, monitoring banks , pre-auditing transactions and performing treasury functions• Check and timely authentication of Annual and quarterly Financial Statements. • Ensured to meet requirements of PSX, SECP, CDC, NCCPL; filing Assets Segregation, Liquid Capital, Free Float, Pattern of Shareholdings, EPS etc. within prescribed time.• Ensured clearance of statutory, outsourced internal and JIT audit • Filling of statutory returns like form A, form 29, form 3 and 5 etc. in due course of time• Participated AGM and BOD meetings, Record Minutes and announce on PUCAR thereof.
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General Manager FinanceZainab Textile Mills Limited Apr 2008 - 2016Lahore, Pakistan• Secured claim of Rs.2.07 million against loss by fire; the management awarded Honorarium.• Negotiated KPK low interest loan, Generator leasing and bank financing proposals. • Improved working capital reviewing cash flows, receivables, payables and inventories etc.• Evaluation of financial performance monitoring production, cash receipts and payments etc. • Control risk; pre-auditing daily transanctions, performing treasury functions and implementing checks• Ensured timely finalization of accounts, deal statutory auditors and clear the observations.• E-filing of corporate tax, income tax, sales tax returns and represents the company in taxdepartment. Dealt annual assessment, sales tax refund, crest, sales tax and refund audit.• E-filing of Form A, Form 29 and meet requirements of SECP as per Corporate Laws.
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Finance ManagerAskari Shoe Project Dec 2004 - Feb 2008Lahore, Pakistan• Achieved up to five annual bonuses implementing budget; co-coordinating functional managers. • Improved cash flows, monitor receivables and implementing internal controls.• Secured orders; evaluating cost sheets, controlling purchasing cost and overheads.• Ensured timely finalizing Monthly Financial Report, Quarterly Accounts and dealt audits.• Pre-audit Payables, Perform Treasury Functions and managed disbursements.• Dealt taxation matters, labour cases, duty draw back and dealing with banks.
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Internal AuditorMakco (Private) Ltd., Tripoli, Libya Apr 2002 - Jun 2003• Implemented inventory controls; saved money identifying un-utilized stock• Reduced costs comparing prices of alternative sources of procurements.• Accelerated bills realizations; early claiming, pursuing and transfer to UK• Developed funds utilization report; released old outstanding dues of foreign employees, regularized transfers of receipts from clients to HO, UK• Determined billing rates of manpower; aided in successful negotiations.• Finalized accounts and prepared financial statements and schedules.• Identified inaccurate specifications of imports; controlled project delay.• Authenticated Billing & Receivables, Payables & Disbursements, Funds Position & reconciliations, Salaries, Benefits & Statutory dues, Equipment & Supplies Stores, Advances & Adjustments etc.
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Chief AccountantPolycon Pakistan (Pvt.) Ltd. Sep 2000 - Apr 2002Lahore• Improved cash flows; re-scheduling of Bank Loan and arranging increase in share capital.• Regularized; pre-assessing and timely payment of tax liability of directors, employees & suppliers • Ensured timely filing of sales tax, income tax and corporate return. • Regularized disbursements; pre-auditing daily transactions including interest on FIM.• Ensured timely preparation of management accounts and bank reconciliations
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Manager AccountsCity School (Pvt.) Limited Jan 1998 - Aug 2000• Cash Award from M.D., negotiating running finance Rs.30 million on minimum collateral from Bank• Saved 2.3million; implementing internal controls on Construction of Islamabad Campus. • Improved cash position; implementing zero based budgets, leasing furniture manufactured and monitoring fee receivables. • Implemented Feasibilities of Jordinhill Teaching Courses in collaboration with University of Strathclydes, London, UK • Ensured timely finalization of annual accounts and audit preparation and statutory audit thereof.• Removed audit objection regularizing corporate records and filing corporate return.• Regularized tax deductions and timely filing of monthly returns. • Contributed as Chairman, Assessment Committee; Budget Committee and Fee Review Committee
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Accounts OfficerNational Engineering Services Pakistan (Pvt.) Ltd. Sep 1979 - Jan 1998Lahore• Protected from recovery by client Rs.1.8 million; managing verification of Overheads by Auditors.• Improved financial performance; comparing budget with actual and implementing Co.’s policies.• Improved cash flows, forecasting, monitoring cash flows and perusing clients for due receivables. • Saved money; comparing Purchase vs. lease of vehicles on Farm to Market Road Project.• Removed observations Co.’s auditors; scrutinizing, clearing and recovering advances from employees • Implemented Co.’s polices; pre-auditing payments and performing treasury functions. • Ensured timely finalization of Accounts, audit preparations, supervising Accounting functions • Developed withdrawal application formats; secured early and maximum release of claims on FMR and timely obtained approvals from Luis Berger Inc. USA on 3RD IBRD Highway project• Checked construction bills on 3rd IBRD Highway s and recommended for payment to NHA.
Umar Daraz Skills
Umar Daraz Education Details
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Institute Of Cost & Management Accountants Of PakistanQualified -
University Of The PunjabSecond Division
Frequently Asked Questions about Umar Daraz
What company does Umar Daraz work for?
Umar Daraz works for Al-Jalil Developers
What is Umar Daraz's role at the current company?
Umar Daraz's current role is HOD - INTERNAL AUDIT at Al-Jalil Developers.
What is Umar Daraz's email address?
Umar Daraz's email address is um****@****ail.com
What schools did Umar Daraz attend?
Umar Daraz attended Institute Of Cost & Management Accountants Of Pakistan, University Of The Punjab, Lahore, University Of The Punjab.
What are some of Umar Daraz's interests?
Umar Daraz has interest in Education, Bed Minton Playing, Travelling To Hill Station, Tv Seeing, Newspapers Reading.
What skills is Umar Daraz known for?
Umar Daraz has skills like Auditing, Variance Analysis, Banking, Accounting, Cash Flow, Cost Accounting, Financial Planning, Target Costing, Tax, Financial Modeling, Forecasting, Managerial Finance.
Who are Umar Daraz's colleagues?
Umar Daraz's colleagues are Hazrat Khan, Asmat Tahira, Asmat Tahira, Talha Irfan, Sufyan Ahmad, Amna Mehboob, Nayab Fatima.
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Umar Daraz
Lahore District1hotmail.com -
Umar Daraz
Ai (Artificial Intelligence) | Python | Nlp | Computer Vision | Deep Learning | Machine Learning | Web Sacrapping | ApiFaisalabad -
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