Umar Shaik Email & Phone Number

Dubai, Ae

Dubai

Dubai, United Arab Emirates

1. Overseeing the day-to-day accounting operations.2. Prepare and review financial statements and reports in accordance with IFRS standards.3. Perform month-end and year-end closing procedures, ensuring deadlines are met.4. Manage the reconciliation of bank statements, accounts receivable, and accounts payable.5. Monitor and enforce compliance with internal controls and company policies.6. Collaborate with internal departments to provide financial support and guidance.7. Assist with external audits and ensure timely completion of audit requests.8. Mentor and train junior accounting staff as needed.9. Stay updated on accounting regulations and industry best practices.10. Perform other related duties as assigned by the Top Management 11. Corporate tax implementation12. VAT returns 13. Treasury management

Bengaluru, Karnataka, India

• Successfully raised Seed Funding and contributed towards raising Series-A funding by preparing and participating in various pitches for the company.• Liaised with banks and private lenders with regard to working capital requirements.• Coordinated with leasing companies and bankers for lease lines and financing; analyzed and reviewed capital and investment activity.• Prepared financial statements in compliance with various financial reporting standards; reviewed Balance Sheet accounts and Profit & Loss accounts at the unit level; ensured the integrity of all reported financial statements• Managed Corporate Taxation, GST and Legal Compliance; supervised the complete implementation of GST return filling i.e. 3B, GSTR-1 and get data reconciled and ready for GSTR-2, formation of documentation, the flow of inward/outward movements.• Trained and mentored a team of 5 associates; monitored progress and provided feedback to the senior management

Bangalore Urban, Karnataka, India

• Assisted in setting up the finance department for the startup and managed functions such as group accounts, taxation, secretarial, statutory & internal audit including corporate finance and working capital management.• Supervised the incorporation of various companies• Coordinated with investors and bankers for lease lines and financing of group companies; analyzed and reviewed capital and investment activity• Engaged in tax and legal compliance; Monitored compliance-related activities involving the review of annual tax filing and projections, evaluating the tax effect and implications of business strategies and proposals

Sri Potti Sri Ramulu Nellore, Andhra Pradesh, India

• Assisted in monthly and annual compliance assignments (GSTR 1 and GSTR 3B); ensured correct availing of Value-Added Tax (VAT) input credit; instituted a robust process for Value-Added Tax (VAT) refunds; managed litigations and government audits • Maintained and reconciled accounts as well as prepared reports; created, documented, and posted complex journal entries for various domestic and international entities; assisted in the Tax workings and tax filings of more than 100 entities with the support of the team• Trained and mentored the internal team and clients on changes in tax and corporate laws

Mumbai, Maharashtra, India

• Engaged in successfully integrating GST in 3 fortune 500 companies• Developed various MIS for Indirect Tax i.e. ITC movement & refunds• Structured and revived operations resulting in a growth of 25 employees in the Mumbai branch in 2.5 years• Co-ordinated with the Indirect Tax Teams to ensure correct accounting of indirect taxes• Reviewed, investigated, and corrected errors and inconsistencies in financial entries and documents that led to transparency in reporting to internal and external stakeholders• Audited more than 100 indirect tax returns for companies with a turnover of over 100 Crores INR• Performed VAT audits in 20 states for a multinational company with a turnover of over INR 4000 crores ($500 million) for two consecutive years with one team member at DAA LLP Chartered Accountants. I have guided a team of 50 associates; mentored and provided feedback to the team at DAA LLP Chartered Accountants.

Chartered Accountant, Accounting And Finance

Bachelor Of Commerce - Bcom, Accounting And Finance, A