Professional Experience:Head of Accounts and Finance at ARCO Plastics (Private) Limited – Jan 2021 to date.Manufacturer of Plastic Packaging and Polymers conversion through Injection Molding, Extrusion and Corrugation processes.Trustee of the Contributory Provident Fund Trust of ARCO Plastics (Private) Limited – Mar 2013 to Jun 2019.Trust to hold Employee Retirement Benefits through Investments.Audit Associate at Riaz Ahmad & Company, Chartered Accountants, Lahore (A Member Firm of NEXIA International) – May 2009 to Nov 2012.Audit & Assurance, Business Consultancy and Corporate Taxation Firm.Professional Qualification:CA – Inter 2008 from Institute of Chartered Accountants of Pakistan (ICAP), Karachi, Pakistan Bachelor's of Commerce (B. Com) 2005 from University of the Punjab (PU), Lahore, Pakistan
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Managing PartnerNexus Core Consultancy LlcDubai, Ae -
Head Of Accounts & FinanceArco Plastics (Pvt) Limited. Jan 2013 - PresentLahore, Punjab, PakistanBuilt healthy relationships with Banks and other Financial Institutions to Negotiate finance facilities available to the Company from AEDs 655,000 to AEDs 10.2 million.Continuous collaboration with cross-functional teams to streamline production planning and sales processes resulting in improvement in sales efficiency which ultimately increases revenue from AEDs 2.5 million to AEDs 25.7 million.Coordinated with ERP implementation partner and get implemented ORACLE 10g successfully.Prepared Annual Financial Statements of the Company in accordance with IFRSs help removal of Qualification from Auditors’ Report on the Audited Financial Statements.Supervising preparation of Financial Statements, monthly Management Accounts, monthly and year end closings, Cashflow Statements and presenting them to the Management and Board of Directors .Conducting feasibility analysis for new projects, assessing financial viability, risks, and potential returns, and provided strategic recommendations based on in-depth financial modeling.Performing budgeting & forecasting and conducting thorough variance analysis to ensure financial alignment and optimal resource utilization. Supervising R2R (Record to Report) process including Recording, General Ledger (GL) closing, Reconciliation, Consolidation & Reporting. Reviewing Daily Bank Position, monitoring of Accounts Receivables (AR) through O2C (Order to Cash) and Accounts Payables (AP) through S2P (Source to Pay) processes.Ensuring e-filing of monthly VAT and ITWH statements and providing data to M/s. KPMG, tax consultant of the Company, for Tax Audits and Tax Refunds. Supervising Capex Management, A2R (Acquire to Retire) process including Sourcing, Installation Decommissioning & Disposal under IAS 16.Regulatory Compliance, i.e., Filing of Forms conducting Election of Directors, Transfer of Shares, Maintenance of Share Register and Issuance of Share Certificates.Monitoring of Import and Export consignments from/to Gulf and Africa. -
CoordinatorSn Trading Llc-Fz Jun 2023 - PresentDubai, United Arab Emirates• Liaison with the consulting firm in UAE for the incorporation of SN Trading LLC-FZ in Meydan Free Zone, Dubai, UAE.• Coordinating the operations of SN Trading LLC-FZ from Pakistan.• Supervising the budgeting process and ensuring completeness before Partners’ review. • Ensuring completeness and accuracy of transactions.• Coordinating imports of Raw Material from UAE to Pakistan.
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Member Board Of TrusteesArco Plastics (Private) Limited Contributory Provident Fund Mar 2013 - Jun 2019Lahore, Punjab, PakistanPrepared a trust deed of the Contributory Provident Fund for approval from the directors of the Company, got the approved trust deed registered with the notary public and then with the Registrar of Trusts.Recognition of the Contributory Provident Fund with the Commissioner Inland Revenue.Responsible for the completeness and accuracy of all the records of Company’s contribution and Employees’ subscription to the Fund.Managing investment of Trust’s money in diversified portfolios and overseeing the distribution of Profits earned among the members of the Fund.Supervising data preparations for the Audit purpose.
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Audit AssociateRiaz Ahmad & Company,Chartered Accountants, Lahore (A Member Firm Of Nexia International) Dec 2008 - Nov 201210-B, Saint Mary Park, Main Boulevard, Gulberg Iii, Lahore, PakistanAnalysis of financial and non-financial information, financial reporting, internal controls and compliance with applicable regulations and laws. My job responsibilities included:Preliminary planning and development of detailed audit plan for financial audits of various manufacturing, banking and service concerns; including time budgeting, mobilization of engagement team, preliminary risk assessment and review of accounting and internal control systems; development of an independent expectation of company's financial performance and comparison with the company's actual results with investigation and explanation of variances.Review, analysis and conclusion on work performed, ensuring compliance with applicable statutory legislatures and International Financial Reporting Standards (IFRS); gaining experience in designing and implementing accounting and related internal control systems and conducting a detailed review of internal control systems to highlight areas needing improvement; analysis of financial statements, comparison of actual financial performance with budgets and prior years and investigation and explanation of variances.Major Industries of Experience During my Training: MCB Bank Limited Kohinoor Mills LimitedNishat (Chunian) LimitedSargodha Spinning Mills Limited Husein Sugar Mills LimitedLucky Cement LimitedD.G. Khan Cement Company Limited Fast Cables LimitedPakistan RailwaysPower Information Technology Company (Private) LimitedQ-Mart Corporation (Private) LimitedCommunity Support ConcernTURKPAK International (Private) LimitedECO-Consultancy Engineering Company (Private) LimitedAll Pakistan Cement Manufacturers AssociationJinnah Public School Trust, Mandi BahauddinCore Healthcare (Private) Limited7 Developers (Private) LimitedPrivilege Energy (Private) Limited
Umer Sharif Education Details
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Accounting And Finance -
The Institute For Internal ControlsAuditing -
University Of The PunjabA -
Board Of Intermediate And Secondary Education FaisalabadA -
Sandal CollegeA
Frequently Asked Questions about Umer Sharif
What company does Umer Sharif work for?
Umer Sharif works for Nexus Core Consultancy Llc
What is Umer Sharif's role at the current company?
Umer Sharif's current role is Managing Partner.
What schools did Umer Sharif attend?
Umer Sharif attended The Institute Of Chartered Accountants Of Pakistan, The Institute For Internal Controls, University Of The Punjab, Board Of Intermediate And Secondary Education Faisalabad, Sandal College.
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Umer Sharif
Mep Engineer, Five Years Of Working Experience Of Uae, Holding Dubai Municipality Card And Driving License.Abu Dhabi Emirate, United Arab Emirates -
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