MOHAMMAD UMAR

About

Services offered

• Bookkeeping & AccountingProficient
• Audit & Assurance SupportProficient
• Financial Reporting & FP&AProficient

Experience

1. ASSISTANT MANAGER, ACCOUNTS & FINANCE2025 – Present

   ◆ Implemented a new ERP system across all stores.

   ◆ Implemented an automated Accounts Payable system, reducing invoice processing time.

   ◆ Optimized inventory accounting and controls, reducing shrinkage by 15% through systematic cycle counts.

   ◆ Introduced advanced accounting techniques (RPA for reconciliations).

   ◆Departmental Performance Analysis: Conducted in-depth trend and variance analysis on departmental per-hour sales, identifying underperforming segments and

   recommending reallocation of promotional focus to support targeted revenue growth.

   ◆ Budgeting & Labor Optimization: Developed dynamic bottom-up budgets and workforce planning models by correlating per-hour sales revenue with invoice generation

   volumes, optimizing cashier scheduling to reduce payroll overhead while ensuring peak-hour service coverage.

   ◆ Improved working capital by negotiating vendor payment terms.

   ◆ Strengthened internal controls and supported internal audits.

   ◆ Redesigned the quarterly inventory count procedures, reducing process time by 15% while improving count accuracy

2. AUDIT ASSOCIATE - AUDIT & ASSURANCE2023 – 2025

   ◆ Managing the statutory audits of various services, manufacturing and trading concerns and financial institutions

   ◆ Mentoring and training of the team with appropriate delegation and resource planning ◆

   Monitoring and evaluation of systems, and underlying records of financial statements assertions ◆ Obtaining an understanding of client's business and processes for managing business risks, and reporting their impact in financial statements

   ◆ Identifying financial statement risks, testing appropriate controls and performing relevant audit procedures

   ◆ Identifying and investigating audit differences and evaluating outcomes

   ◆ Conducting audit of financial statements, and review of various other assurance assignments, which include planning, organizing, controlling and reviewing the entire job

   through to its finalization, ensuring compliance of financial statements with International Financial Reporting Standards (IFRS) and performing the audit as per the

   International Standards on Auditing (ISAs)

   ◆ Development and execution of audit plans based on understanding of the entity and assessment of business and related audit risks and defining the extent of planned

   audit procedures

   ◆ Conducting on-going reviews of the work performed by the support staff to ensure compliance with the overall audit plan and the requirements of professional standards

   ◆ Performing analysis and review of audit working papers and financial statements

Employer names are hidden unless the expert chooses to show them.

Education

• Chartered Accountant (CA Finalist)Institute of Chartered Accountants of PakistanIn progress
• Bachelor's Degree in Financial Technology (FINTECH)National College of Business Administration & Economics (NCBA&E)In progress
• A LevelsBeaconhouse School SystemCompleted 2019
• O LevelsAl Hukamaa International SchoolCompleted 2017