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Umer Sheikh personal email
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Director Of Financial Planning And AnalysisPostaplus Nov 2016 - PresentKuwait And Uae1. 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 -
Director ProjectsGazal Logistics Services And Warehousing Co Jun 2015 - Nov 2016Kuwait And IraqDuring 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
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Senior Project ManagerGazal Logistics Services And Warehousing Co Dec 2014 - May 2015IraqMajor 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
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Group Finance ManagerGazal Logistics Services And Warehousing Co Dec 2012 - Nov 2014KuwaitMajor 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
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Finance Manager- Terminal 5, Umm Qasr Port-IraqGazal Logistics Services And Warehousing Co Dec 2010 - Nov 2012Kuwait And IraqDuring 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.
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Senior Financial Analyst/Accounting SupervisorGazal Logistics Services And Warehousing Co Jan 2008 - Nov 2010KuwaitGazal 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
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Financial AnalystAl Tijaria Group Oct 2005 - Dec 2007KuwaitMajor 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
Umer Sheikh Education Details
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Accounting And Finance -
Finance
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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Muhammad Umer Sheikh
Ai Engineer & Software Developer | Specializing In Machine Learning, Deep Learning, And Software SolutionsAbu Dhabi -
Umer Sheikh
Property & Mortgage Advisor || Degree In Accounting And FinanceDubai, United Arab Emirates -
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