Umar Sajjad Email & Phone Number

Lahore, Punjab, Pakistan

Working as a Manager Accounts and handling accounts of the following companiesGuest WorldWide a Sysco Company, GuestSupply, Manchester Mills, Gilchrist & SoamesCurrently, I am performing the following tasks for all of the above-mentioned companies:Accounts reconciliation of general ledgers with sub-ledgers/subsystems.For Accounts Payable, Accounts Receivables, Fixed Assets, Prepaid Expenses, Accruals, Intercompany Statement Balancing, Bank Accounts ReconciliationPosting journal entries related to accruals, expenses, and other assigned accounts.Maintaining fixed assets system and depreciation-related entries in the system.Maintenance of Outside Storage, Temporary Labor record, and follow-ups for accurate accruals booking in the ERP system.Creation of various reports for the analysis of period-to-period Sales, Gross Profit, and COGS.

Lahore, Punjab, Pakistan

Managing Banks’ corporate portfolio with the following aspects:Preparation of standard and nonstandard documentation as per financing approval and facility offer letter.Review of security and control documents.Registration of charges with SECP.Issuance of NOCs for charge upgrade and charge satisfaction.Review of security-related documents as per the bank’s policy and approval.Review of insurances, valuation reports, stock reports.Data update in the system with respect to deferrals, approval monitoring condition related to CAD, collateral management system, and other ticklers related to stock reports, insurance, and valuations.

Lahore, Punjab, Pakistan

Managing and reporting of Banks’ SME NPL portfolio with the following aspects: Arranging full scope and desktop valuations for taking FSV benefits. Monthly reporting of NPL, provisions, litigation, over-dues, recoveries, restructuring of loans and, write-off. Reporting of annual disclosure of write-off loans in the bank’s financials. Reporting of settlements of accounts to RMG and SBP. Monthly, Quarterly, and Annual SBP returns.

Lahore, Pakistan

CRCD’s IT, Reporting, and Audit:I was part of the team who had developed the access bases MIS for the internal use of CRCD.I was part of the team that developed the web-based MIS system and migrated the access data into the Oracle database.Created various internal controls and processes based on the previous five years of audit reports and necessary amendments were done to the existing process, policies, and controls.Automated various reports and worked based on the existing systems available with the bank.During my work in CRCD’s audit department, I had the opportunity to work in Excel and in various databases for the purpose of creating database queries and reports to extract the data for reporting purposes. Post Disbursement Monitoring:Monitoring of CF, ERF, FAFB, FAPC, and FIM all trench-based facilities for overdue.Incorporation of UERs in the system. (Unit Exception Report) Balancing of bank’s various General Ledgers with daily disbursements and adjustments.Collateral updation in the core banking system.Liaison / Consultation with the Legal Counsels regarding:Preparation of Non-standard documents while ensuring that these are fully compliant with the Bank’s / Regulatory requirements.Corporate Affairs & SECP matters [Charge creation & Search Reports].

Head Office Lahore

Implementation of Credit Lines (in conformity with the Credit Policy & Regulatory stipulations) for borrowers, after ensuring that:Proper checks and balances are maintained with regard to correct utilization (viz. amount, pricing, tenor, collateral, etc.) of credit facilities in accordance with the terms & conditions of the Credit Approval.All loan documentation relating to transactions is scrutinized, verified to be legally enforceable (in consort with the Legal Counsel), and lodged in the vault.Implementing the Credit lines after ensuring that collateral and securities are effectively controlled and monitored.An effective follow-up system for routine actions (i.e. documentation, collateral, etc.) is in place and all irregularities are recorded & reported as required.Issuance of Disbursement Authority.Implementing the System Operations with regard to:Boarding of Limits and setting the approved pricing and their expiries upon completion of documentation and setting the criterion.Lien marking and removal in the system.Verifying User inputs for different Modules.Resolving disputes arising between the Legal Counsels/Evaluators/Outsourcers, regarding:Preparation of Non-standard documents while ensuring that these are fully compliant with the Bank’s/Regulatory requirements.Evaluations & Stock Inspections.Conducting independent inquiries for Legal Counsels/Evaluators/Stock Inspectors through Market checks for respective enlistments/de-listing on the Bank’s approved panel.Managing problem-solving & providing optimum service to the Internal Customers through meetings with the Business Heads & compliance with the Internal Service Measures.Liaisoning with the Central Bank/External/Internal Auditors for Credit Reviews.Supervision of Pledge Management.Supervision of Credit Administration Data factory.

Regional Office Lahore

Evaluating/scrutinizing documentation for Corporate, Wholesale Banking Group, SME, BB, and Staff Finance.Issuance of Disbursement Authority.System {MISYS} Input:Boarding of Limits, Rates, and Expiries in the system upon completion of documentation and the set criteria. Linkage of Borrower’s Credit Limit accounts with the Interest nominated accounts.Setting the Mark-up frequencies upon adjustments.Uploading the Collateral management module.Revision of Mark-up rates, i.e. monthly, quarterly, bi-annually.Liaison / Consultation with the Legal Counsels regarding:Preparation of Non-standard documents while ensuring that these are fully compliant with the Bank’s / Regulatory requirements.Corporate Affairs & SECP matters [Charge creation & Search Reports].Ensuring effective & vigilant controls over the:Pledge Management [Monitoring of Pledged Stocks]Cash Collateralized Asset Product.

Head Office Lahore

Special assignments allocated to accomplish & rationalize the task of indecipherable data, monthly reporting to the State Bank of Pakistan.Fully responsible for the reporting of static and financial dataMonthly eCIB reporting to the SBPMonthly updation of financial and non-financial data.Have invariable liaison with the respective RCADs to always keep the static data (eCIB-I) updated in accordance with the latest CA/Documentation.eCIB summary of data fed into the module of each region is carefully compared and tallied with the source document/system generated report by each functionary before forwarding to main server.Comparison and harmonizing with SOA of total advances on monthly basis before reporting to SBP.Preparation of ECIB.Maintained the Overdue Status.Centralized the eCIB reporting of the bank.Automated the reporting process.

M.A Johar Town Lahore

Fully responsible for all kind of account opening in all aspects.Term Deposit Receipt issuance and profit calculation of special rates and all other related issues regarding premature encashment and partial redemption of term deposit.Inward Clearing.Outward Clearing.Intercity Clearing.Outward Bills for Collection.Local & Online Transfers.Remittances (PO).Administration.Cheque books, ATM Pins/Cards issuance and balancingCustomer Relationship Management.Deposit Mobilization.

Lahore

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Bachelor’S Degree, Arts, Second

Activities and Societies: Swimming Arts Subjects

Certified Accountant Technician, Accounts And Finance, A

Activities and Societies: Debate Team Financial Accounting, Cost Accounting, Audit, Finance, Taxation

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