Hafiz Usman Shehzad
Finance Professional || UAE Experienced || Manufacturing || MBA , CMA
Sharjah
Summary of Career
1. Successfully migrate and reconcile the financial data from Quick Book to Oracle ERP within three months.
2. Achieved 100% success rate for month end closing and ad hoc assignment deadlines.
3. VAT (Value Added Tax) compliance, input/output review and return/refund’s filing
4. Budgeting and forecasting of OPEX & CAPEX for management decision making.
5. Reporting on various financial subsystems such as Accounts Payable, Account Receivable, Fixed Assets, Inventory and Costing system.
6. Reporting on Related Parties account by verifying, allocating, posting, reconciling transactions and resolving discrepancies.
7. Monthly Department reporting and variance analysis.
8. Monitoring and collecting data to assess accuracy and integrity; analyze data; ensure compliance with applicable standards, rules, regulations and systems of internal control; interpret and evaluate results, prepare documentation; create financial reports and presentations
9. Identifying potential control deficiencies in area of responsibility and suggest and implement corrective action.
10. Proactively coordinating with the suppliers for managing payments and attending meetings and negotiating for better prices
Experience as Senior General Accountant
Al-AEJAZ group of Companies
23 February 2017
13 October 2017
Experience as Senior Associate
Al Terf Financial Services
14 October 2017
31 January 2019
Secondment: As Consultant at "Middle East Specialized Cables (MESC) LLC"
Experience as Senior Accountant - Costing & Taxation
Middle East Specialized Cables (MESC) LLC
04 February 2019
To date
Successfully migrate and reconcile the financial data from Quick Book to Oracle ERP within three months.
Achieved 100% success rate for month end closing and ad hoc assignment deadlines.
VAT (Value Added Tax) compliance, input/output review and return/refund’s filing
Budgeting and forecasting of OPEX & CAPEX for management decision making.
Reporting on various financial subsystems such as Accounts Payable, Fixed Assets, Inventory and Costing system.
Reporting on Related Parties account by verifying, allocating, posting, reconciling transactions and resolving discrepancies.
Monthly Department reporting and variance analysis.
Monitoring and collecting data to assess accuracy and integrity; analyze data; ensure compliance with applicable standards, rules, regulations and systems of internal control; interpret and evaluate results, prepare documentation; create financial reports and presentations
Identifying potential control deficiencies in area of responsibility and suggest and implement corrective action.
Proactively coordinating with the suppliers for managing payments and attending meetings and negotiating for better prices
Master 25 July 2013
Master of Business Administration - MBA Specialization : Management Virtual University | Islamabad, PakistanOther 22 January 2022
Cost & Management Accountant (CMA) Professional Accounting & Finance Certification Institute of Cost & Management Accountant Pakistan (ICMAP) Islamabad, PakistanBachelor 01 July 2007
Bachelors in Commerce Punjab University | Lahore, Pakistan