Umer Jamil Butt Email & Phone Number

Dubai, Ae

Dubai, United Arab Emirates

Led monthly management reporting, ensuring timely and accurate financial statements.Prepared financial plans and budgets, aligning with organizational goals and assisting with financial forecasting.Coordinated with auditors, tax advisors, legal teams, banks, outsourcing partners, and clients to ensure compliance and smooth operations.Supported local and head office teams in business and transaction analysis to inform strategic decisions.Managed currency and transaction risks.Oversaw cash management functions, including payments, deposits, and liquidity planning.Assisted in the development and optimization of financial processes and procedures to improve efficiency and control.Collaborated with HQ teams to introduce best practices and improve financial performance across the organization.

Lahore, Punjab, Pakistan

Prepared annual budgets and closely monitored variances by comparing actual results, providingactionable insights for management.Reviewed and ensured the accuracy of financial statements, including profit & loss, balance sheets, andcash flow statements, for month-end reporting.Recommended changes to policies and procedures to improve financial performance and operational efficiency.Ensured compliance with government regulations and coordinated internal audits to maintain strongfinancial controls.Managed cash flows, optimized liquidity, and mitigated foreign currency risk through forward contracts.

Prepared and monitored monthly budgets for the Pakistan Branch, recorded sales/purchases in ERP, and maintained all accounting records.Managed weekly and monthly cash flow reports, foreign supplier payments, and coordinated withcustomers for recoveries.Submitted VAT and Income Tax returns and prepared monthly financial statements for reporting to the Finance Controller.Coordinated with banks on LC/contracts for material imports, and worked with suppliers, freightforwarders, and clearing agents for shipments, inspections, and clearance.Arranged transportation for delivery of goods to the warehouse.

Dubai, United Arab Emirates

Prepared and analyzed sales performance reports, updated weekly cash flow reports, and performed financial analysis to compare actual results with forecasts.Managed petty cash, reconciled weekly, and handled correspondence with customers and vendors for payments and recoveries.Prepared and finalized monthly and quarterly accounts, maintained accounting records (ledgers, provisions), and submitted VAT returns.Calculated salaries, incentives, and benefits for employees.

Lahore, Pakistan

Assisted in the preparation and finalization of monthly, quarterly, and annual financial statements, and maintained accounting records, including general and subsidiary ledgers, accounts payable/receivable, and cost of sales.Filed Monthly VAT Returns and Annual Income Tax Returns by compiling financial records, and performed product costing, budgeting, and financial analysis.Managed correspondence with customers, vendors, and banks for reconciliation, payments, account maintenance, and credit facilities, including markup calculations and annual credit facility renewals.ACHIEVEMENTS:Successfully negotiated a reduction in interest rates on credit facilities from 3.5% to 1.4% p.a., resulting in significant cost savings and earned a token of appreciation (bike) from the employer.Re-negotiated the factory insurance premium, achieving a 17.5% annual cost saving.Implemented a segregation of duties and authorization process within the finance department, reducing the risk of cash loss and theft.

Lahore, Pakistan

Managed daily financial transactions, reconciled bank statements, and created cost analysis reports from ledgers.Processed invoices, coordinated with clients, suppliers, and partners, and assisted in tax return filings and related documentation.Prepared import documentation, liaised with banks for LCs, contracts, and advance payments, and negotiated rates with suppliers.Coordinated with clearing agents to verify customs duties and taxes for shipments and tracked shipments to avoid penalties.

Lahore, Pakistan

Gained hands-on experience in financial auditing, internal controls, and preparing financial statements. Assisted senior auditors in conducting risk assessments, performing substantive testing, and ensuring compliance with accounting standards.

Acca, Auditing, Accounting,Reporting, Taxation

Bsc (Hons), Accounting And Business/Management

Intermediate To Commerce, Accountancy

Matriculation, Computer Science