Umer Sheikh

Umer Sheikh Email and Phone Number

Director Financial Planning @ PostaPlus
kuwait
Umer Sheikh's Location
Dubai, United Arab Emirates, United Arab Emirates
Umer Sheikh's Contact Details

Umer Sheikh work email

Umer Sheikh personal email

n/a
About Umer Sheikh

Sky is the Limit..........

Umer Sheikh's Current Company Details
PostaPlus

Postaplus

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Director Financial Planning
kuwait
Website:
postaplus.com
Employees:
264
Umer Sheikh Work Experience Details
  • Postaplus
    Director Of Financial Planning And Analysis
    Postaplus Nov 2016 - Present
    Kuwait And Uae
    1. Analyzing & Auditing Financial reports to ensure the accuracy as per IFRS a. Monthly Analysis, Quarterly, Bi-Annually and Annually 2. Assessment, identification & recommend solution in operational department3. Re-designed procedures for Ops and Finance departments (IFRS/IAS based)4. Enhancing business presence in various countries through economic analysis. 5. Forecast Sales and revenue using quantitative analysis 6. Develop Strategic plans- Short term & long term- Budgets 7. Conduct cost benefit Analysis-Economic Viability of a product8. Creating guidelines and solutions to deliver service/product at right cost-Cost Control Management9. Increase profitability and improve Service Standards10. Established Risk Management and Audit Manuals for the Group11. Presenting reports and recommendation to Board of Directors
  • Gazal Logistics Services And Warehousing Co
    Director Projects
    Gazal Logistics Services And Warehousing Co Jun 2015 - Nov 2016
    Kuwait And Iraq
    During 2015 Promoted as Director Projects for Kuwait & Iraq . Managed two Cash Generating Projects (CGUs)1. Container Terminal Management at Berth-5, Umm Qassar- IraqMajor Responsibilities • Maintain business relation with customers mainly Shipping Lines like YML, Simatech, Hanjin etc..• Maintain business relation with Local Iraqi Traders in Basra & Baghdad region.• Interact on regular basis with Iraq Port Authority and attend meetings with governmental officials regarding financial and operational tasks. • Develop full business plan and forecast• Developing technique to achieve efficient operandi related to Yard and Berth operations.• Implemented financial procedures as per IFRS for cash and bank cycle, revenue recognition treatment of prepaid and accruals • Review Internal controls and the financial reporting on monthly basis • Recruitment of local manpower such as MHE and Crane operators, maintenance staff.• Identity resources and supplier to provide spare parts, maintenance, transportation and stevedore services. • Team building and internal communication for seamless business coordination among all departments • Improve financial result of the project 2. Warehouse Management in Kuwait consist of 8,000 CBMsa. Managed team of 14 personnel• Maintain business relation with customers and Suppliers• Maintain the stock of operating material through economic order quantity (EOQ)• Plan employees shifts for loading and offloading cargo (containerized or bulk)• Review the Warehouse management reports and conduct random audit to inspect cargo• Check Stock In Vs Stock out, order receiving, transportation and distribution• Team building and customer service• Improve financial result of the project
  • Gazal Logistics Services And Warehousing Co
    Senior Project Manager
    Gazal Logistics Services And Warehousing Co Dec 2014 - May 2015
    Iraq
    Major Responsibilities :- Communication with Marine Department, Port Authorize for Vessel AnchorageExecuting Vessel Operation with efficient turnaround time (24/7 vessel ops) Updating customers with TPR(s), VOR and VCC(s) Auditing Financial entries on weekly basis (Revenue, Collection & payments) o Vouchers o ERP(s) Managed to maximize efficiency of resourcesAchieved cost reduction of 25% per container move
  • Gazal Logistics Services And Warehousing Co
    Group Finance Manager
    Gazal Logistics Services And Warehousing Co Dec 2012 - Nov 2014
    Kuwait
    Major responsibilities are Providing and interpreting financial information on basis of standalone and consolidation basisMonitoring and interpreting cash flows and predicting future trendsFormulating strategic and long-term business plans/BudgetingResearching and reporting on factors influencing business performanceAnalyzing competitors and market trends and advising corrective action plansDeveloping financial management mechanisms that minimize financial riskConducting reviews and evaluations for cost-reduction opportunitiesManaging company's financial accounting, monitoring and reporting systems Liaising with auditors to ensure annual monitoring is carried outDeveloping external relationships with External Auditors, Bankers, Zakat & Tax authoritiesProducing accurate financial reports to specific deadlines in accordance with IFRSArranging new sources of finance for a company's debt facilitiesManaging finance department of mother company and subsidiaries
  • Gazal Logistics Services And Warehousing Co
    Finance Manager- Terminal 5, Umm Qasr Port-Iraq
    Gazal Logistics Services And Warehousing Co Dec 2010 - Nov 2012
    Kuwait And Iraq
    During 2010 Promoted as Financial Manager for a Joint Venture based in Umm Qassar Port, Iraq. Primary role was to establish and develop an accounting department for data entering, recording and integrate Iraq branch with Head Office for having best authority Matrix and efficient execution of accounting function in accordance with IFRS/IAS Major responsibilities are Data recording and Analyzing daily journals Maintaining and tracking of entries for payment and receipt Preparation of monthly financial statements (Profit & Loss, Balance Sheet, Cash Flows…etc) Preparation of Quarterly Financial full set documents and disclosures Preparation of Monthly Payroll in coordination with HR department Established and Maintain relationship with Local and Iraqi Banks Preparation of banking instruments Like L/C, L/G for International Procurement Sustain and enhance the efficiency of Working Capital Hedging Foreign Currency Exchange Risk Preparation of Invoices, Debit and Credit Notes Preparation of monthly productivity report for top management.
  • Gazal Logistics Services And Warehousing Co
    Senior Financial Analyst/Accounting Supervisor
    Gazal Logistics Services And Warehousing Co Jan 2008 - Nov 2010
    Kuwait
    Gazal Logistics-Kuwait (Formerly Known as Global Logistics Services & Warehousing Company) Senior Financial Analyst/Managerial Accounting Supervisor Major Responsibilities Feasibility Studies of Projects related to Construction, Warehousing and Logistics Industry Long term Strategic Planning & Yearly Budget (IAS & IFRS Compliant) Monitoring of Budgets and Quarterly Variance Analysis Corporate Finance (arrangement of short term and long term credit facilities with international banks) Scenario/Sensitivity Analysis to indicate critical path and mitigating strategies to lower overall risks Working Capital and Ratio Analysis Cost Analysis using various methods to come up with competitive rates while maintaining highest yield. Purchase Price Allocation (PPA) for acquisition Impairment test study for intangible assets
  • Al Tijaria Group
    Financial Analyst
    Al Tijaria Group Oct 2005 - Dec 2007
    Kuwait
    Major Responsibilities • Preparation of Long/Short term Strategic Budgeting Plans (IAS & IFRS Compliant) along with recommendation and corrective action plans for the durability and sustainability of company’s growth • Evaluate Real Estate Projects and Investment Securities using various type of financial models, scenario & sensitivity analysis, recommending its financial viability and value addition. • Analysis of Financial Statements and its comparison with Real Estate Peer Group • Periodic equity research reports by using fundamental analysis to derive the intrinsic value of company’s share. • Variance Analysis of actual versus budgeted Financial Statements • Quarterly reports consisting WACC & Z-Score • SWOT Analysis and Asset Allocations • Monthly Technical Analysis of Company’s Share (Listed in Kuwait Stock Exchange) • Preparation Feasibility Study with scenario and sensitivity analysis

Umer Sheikh Skills

Financial Modeling Corporate Finance Accounting Financial Analysis Variance Analysis Strategic Financial Planning Risk Management Financial Reporting Business Analysis Investments Credit Risk Business Valuation Financial Planning Management Asset Managment Investment Management Evaluation Equity Valuation Equity Research Private Placements Budgeting Finance Financial Accounting Managerial Finance Internal Audit International Financial Reporting Standards Consolidation Financial Statements Forecasting

Umer Sheikh Education Details

Frequently Asked Questions about Umer Sheikh

What company does Umer Sheikh work for?

Umer Sheikh works for Postaplus

What is Umer Sheikh's role at the current company?

Umer Sheikh's current role is Director Financial Planning.

What is Umer Sheikh's email address?

Umer Sheikh's email address is um****@****lus.com

What schools did Umer Sheikh attend?

Umer Sheikh attended Hailey College Of Commerce, University Of The Punjab, University Of The Punjab.

What skills is Umer Sheikh known for?

Umer Sheikh has skills like Financial Modeling, Corporate Finance, Accounting, Financial Analysis, Variance Analysis, Strategic Financial Planning, Risk Management, Financial Reporting, Business Analysis, Investments, Credit Risk, Business Valuation.

Who are Umer Sheikh's colleagues?

Umer Sheikh's colleagues are Prince Eranadan, Arrey Ashu Martin, Jaafar Alhadar, Manu Np, Islam Mahmoud, Ady Adrian, Amer Al Saaideh.

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