Muhammad Umar Zafar Email & Phone Number

Faisalabad, Punjab, Pakistan

Faisalabad

Parker Randall – A.J.S. is an independent member firm of Parker Randall International, which is a worldwide organization of independent local and regional firms, having its offices in more than 45 countries.Supervised and finalized financial statements and reviews of various clients from manufacturing, textile processing, hospitality, not for profit organizations and service sector organizations.Performed risk evaluation at entity level and assertion level to determine control weaknesses and designed controls to overcome such weaknesses.Prepared feasibility study of an Supreme Aluminium Industries (pvt) Limited that was approved by two leading financial institutions for provision of Rs. 350 million financing for the said project. Led accounts outsourcing assignments for various clients from different sectors including chemicals, real estate, health and education sectors.Ensured timely delivery of monthly and quarterly accounts of these assignments.Supervising a team of 5 professionals at a large manufacturing concern involved in import and manufacturing of chemicals to be used in textile and paint industries. Responsibilities include • Ensuring timely recording of daily transactions in books of accounts.• Ensuring compliance of International Financial Reporting Standers while recording transactions.• Preparing and presenting monthly and quarterly accounts to the board of directors. • Ensuring proper recording of all import LCs and ancillary cost along with the financing arrangements with different banks for financing imports.• Ensuring compliance of Taxation laws applicable in Pakistan.• Supervising accounts receivable, accounts payable functions and periodic reconciliations with buyers and suppliers.• Supervising fixed asset management to ensure timely recording of assets additions and deletions in fixed asset record and proper calculation of depreciation.• Liaison with external auditors to ensure timely completion of external audits.

Lahore

Mandatory training under ICAP by-laws for completing Chartered Accountancy certification in Pakistan.During this period performed different assignments including full scope external audits, half yearly review,risk based internal audits, business processes evaluations, development of costing and management reporting system and agreed upon procedures. Worked on these assignments as team member and team leader as well. Supervised and conducted statutory audit of Faisalabad Electric Supply Company Limited ( FESCO), which is one of the largest electricity distribution company in Pakistan with customer base in excess of 3 Millions. Obtained thorough understanding of all the areas including operations, revenue centers, material management, project development and finance department.Designed accounting, operations and human resources policies and procedures manuals for different organisations.

Education record

Intermediate, Pre-Medicine/Pre-Medical Studies, A

Activities and Societies: Member of Environmental Protection Society Member of Hiking and mountaineering Society