Mumtaz Ahmad Qureshi

Professional Accountant
Dubai


Profile Views 53

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Last Seen: 03 September 2024 7:19 PM

Skills
1.Financial Reporting 2.Budgeting and Forecasting 3.Financial Analysis 4.IFRS & GAAP 5.Reconciliation 6.VAT & Corporate Taxation 7.Cash Flow Management 8.Costing 9.Risk Analysis & Management 10.Working Capital Management 11.Intercompanies Transactions 12.
  • Experience
    13 Years
  • U.A.E Experience
    11 Years
  • Industry
    Banking & Finance
  • Nationality
    Pakistan
  • Visa status
    Visit Visa in UAE
  • Qualification
    Bachelor - FCMA from Institute of Cost & Management Accountant of Pakistan
  • Driving License: UAE Driving License
Other Matching Titles/Position
Senior Accountant
Chief Accountant
Financial Controller
Finance Manager
Financial Analyst
Industry Titles
Banking & Finance
Manufacturing
FMCG

Summary of Career

1. Preparation of monthly, quarterly and half yearly Financial Statements & MIS reports


2. Lead the budgeting process, collaborating with department heads to create comprehensive budgets that ensure financial stability and support growth


3. Preparing financial position forecast and cash flow forecast to support immediate and future funding needs


4. Managing the working capital to ensure financial efficiency and maintaining sufficient cash flow to meet its short-term operating costs and short-term debt obligations


5. Monitoring financial transactions, receivables, payables, projected cash and fund’s flows and initiating appropriate retrieval measures if required


6. Monitoring inventory levels to ensure that the working capital is allocated efficiently


7. Preparation and filling of quarterly VAT Returns. Implement process improvements to improve efficiency and accuracy in VAT reporting


8. Disbursement of salaries through the Wages Protection System (WPS


9. Co-ordination with banks regarding, financing facilities, guarantees, letters of credit


10. Coordination with external auditors to get the audit done on a timely basis


Work Experience (Employment History)

Experience as Senior Finance Executive-Planning & Budgeting

  • Employer

    Bin Butti Holding Group

  • From

    01 April 2011

  • To

    31 January 2022

  • Detail

    Bin Butti Group (BBG) was founded by Sheikh Khadim Bin Butti in 1968.Its corporate office in Abu Dhabi, UAE.
    It is well established, privately held diversified organization with operation in Middle East and Africa. With more than 4000 employees, group engage in oil & gas, petroleum refining, hotels, manufacturing and poultry sector.
    I have a eleven years of work experience in following companies of group.
    1. Abu Dhabi Poultry Farm LLC 4. Abu Dhabi Modern Poultry Farm LLC
    2. Dure Oil Middle East 5. World Wide Worker LLC
    3. Binbutti Industries LLC 6. Telwa Mineral Water LLC

    Responsibilities:
    Responsible for applying accepted accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures.
    Brief Job Description:
    • Preparation of monthly, quarterly and half yearly Financial Statements & MIS reports.
    • Lead the budgeting process, collaborating with department heads to create comprehensive budgets that ensure financial stability and support growth.
    • Preparing financial position forecast and cash flow forecast to support immediate and future funding needs.
    • Managing the working capital to ensure financial efficiency and maintaining sufficient cash flow to meet its short-term operating costs and short-term debt obligations.
    • Monitoring financial transactions, receivables, payables, projected cash and fund’s flows and initiating appropriate retrieval measures if required.
    • Monitoring inventory levels to ensure that the working capital is allocated efficiently.
    • Ensuring accuracy of financial data entered into MIS by subordinates
    • Preparation and filling of quarterly VAT Returns. Implement process improvements to improve efficiency and accuracy in VAT reporting
    • Disbursement of salaries through the Wages Protection System (WPS
    • Co-ordination with banks regarding, financing facilities, guarantees, letters of credit.
    • Coordination with external auditors to get the audit done on a timely basis
    • Project costing analysis

Experience as Financial Controller

  • Employer

    MRQ International Pvt Ltd

  • From

    01 February 2022

  • To

    31 October 2023

  • Detail

    MRQ international is an approved agency by government of Pakistan for promoting of overseas employment, tourism and hospitality. Its corporate office is in Islamabad.
    Responsibilities:
    To overseeing end to end of accounting process up to preparation of financial statements, financial analysis and management reporting to support decisions.
    Brief Job Descriptions.
    • Prepare, review and analyze financial statements for each division, ensuring accuracy and compliance with accounting standards.
    • Develop and monitor budgets and financial forecasts for all the divisions, providing insights and recommendations to optimize financial performance
    • Manage cash flow, liquidity and working capital to support daily operations and long-term growth
    • Conduct financial analysis, identify trends and provide strategic recommendations to improve divisional profitability
    • Develop and implement strategies to hedge against currency fluctuations, particularly in regions where overseas employment promotion division operates.

Academic Qualification

Bachelor 31 July 1999

B-Com from Punjab University, Lahore

Bachelor 30 June 2006

FCMA from Institute of Cost & Management Accountant of Pakistan
Certifications
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