Umer Fayyaz Email & Phone Number

Punjab, Pakistan

Gujrāt, Punjab, Pakistan

As an Audit Manager at MCB Bank, I ensure the integrity and efficiency of operations across bank branches nationwide. My role includes conducting comprehensive audits to evaluate internal controls, performing risk assessments to identify and mitigate potential threats, and collaborating with branch management to enhance controls and ensure regulatory compliance. By leveraging my extensive experience in internal audit, I uphold the highest standards of compliance and risk management to maintain MCB Bank's reputation.

Lahore, Punjab, Pakistan

At UBL, I progressed from a junior to a professional Internal Auditor, undertaking a variety of assignments from field audits to thematic audits. My role involved but not limited to critically analyzing data for offsite reviews and field audits, observing control environments and the application of bank policies, examining documentation to investigate transactions, and contributing to final audit reports that provided clear insights into control risks and regulatory compliance adherence. To further, coordinating with team members to prepare detailed audit reports.

Lahore, Punjab, Pakistan

Punjab, Pakistan

Responsibilities:- Prepared Financial Statements as per IFRS and conducted ratio analysis to analyze financial performance and variance analysis to compare with budget projection for overrun estimates.- Reviewed accounts and related party transactions reconciliations for under or over statements for reliable monthly billing process.- Prepared monthly Cash Flow forecast and maintained bank balances and ensured robust business operations with timely processing of payments and regular clients follow ups. - Reduced costs and improved financial and business performance by introducing effective and efficient cost cutting measures.- Reduced chance of any fines or penalties by complying with group policies, partnership contract and government legislations and ensured smooth running.Achievements:- Appointed as Accountant then elevated to Senior Accountant due to unyielding commitment to work hard and result oriented performances.- Slashed inventory losses from Rs. 35,000 to zero by deploying first-in, first-out inventory system for perishable goods and by streamlining daily activities.

Pakistan

Responsibilities: - Created easy to understand financial reports for franchisee and ensured accuracy and reliability of information with regular account reconciliations and completed book keeping.- Audited operating activities to investigate fraudulent activities and implemented generic operational controls to reduce the financial losses to minimum.- To keep the accounting record up to date at the centralized software.Achievement: - Liaised with credit customers for timely payments and improved average recovery time from 45 days to 30 days.

Master, Accounting And Finance

Bachelor Of Applied Accounting, Account

Advance Diploma In Accounting And Business, Accounting And Business/Management, Pass

(Part Qualified), Financial Management, Financial Reporting, Auditing And Taxation

Activities and Societies: CricketACCA always make me feel proud, confident, productive and competent for my professional career. ACCA is.

High School, Accounting And Commerce, A

Activities and Societies: CricketMy admission in this college was the first step to my professional career. Definitely my teachers.