Quick Book
Wakir Umar
Chief / Senior Accountant
Dubai
Summary
Experienced Senior Accountant with 8 years in Health Care and Construction industries. Proficient in financial management, budgeting, and accounting. Holds a BSc in Management from the University of Sri Jayewardenepura and pursuing final level of Association of Chartered Certified Accountant Certification.
Overview
7
7
years of professional experience
Work History
Factory Chief Accountant
Brandix Apparel Limited
01.2023 - Current
- Company Overview: Brandix Apparel Limited is an apparel manufacturer headquartered in Sri Lanka. The company has branches in the USA, UK, Australia, Singapore, Hong Kong, India, Bangladesh, Cambodia, Mauritius, and the Cayman Islands.
- Financial Reporting and Analysis: Prepare and present monthly, quarterly, and annual management accounts, ensuring accuracy and Perform variance analysis to identify financial trends and provide actionable insights.
- Budgeting and Forecasting: Lead the preparation and management of annual budgets and forecasts, working collaboratively with department heads plus Monitor actual financial performance against budgeted figures and adjust forecasts as necessary. Provide detailed explanations for variances and recommend corrective actions.
- Cost Management: Analyze and control costs across departments, ensuring that expenditures are in line with budgetary guidelines and Identify opportunities for cost savings and process improvements.
- Financial Planning and Strategy: Assist senior management with financial projections, investment analysis, and business case evaluations.
- Internal Controls and Compliance: Maintain internal controls by doing random audits in all departments specially in procurement & Warehouses. Coordinate with internal and external auditors during audit processes.
- Ensuring Process Optimization: Analyze and evaluate production workflows, identifying bottlenecks and inefficiencies in the manufacturing process. Implement improvements in factory processes, reducing waste, downtime, and unnecessary costs. Analyzing SAH, SMV, CPM, CPCM & EPM to ensure the profitability of the Factory.
- Payroll Audits: Verify and review payroll data for accuracy, including hours worked, overtime, absences, deductions, and tax calculations. Calculate and process performance-based incentives, bonuses, allowances, and other forms of employee compensation in line with company policies.
- Reporting to Regional Finance Controller
- Brandix Apparel Limited is an apparel manufacturer headquartered in Sri Lanka. The company has branches in the USA, UK, Australia, Singapore, Hong Kong, India, Bangladesh, Cambodia, Mauritius, and the Cayman Islands.
Chief Accountant
Health Assistance Medical Services
05.2023 - 06.2024
- Company Overview: HAMS is a leading provider of medical services in Qatar. It provides Nurses & Doctors to the Project Sites (companies), Schools & Home.
- HAMS is a leading provider of medical services in Qatar. It provides Nurses & Doctors to the Project Sites (companies), Schools & Home.
General Accountant
Group for Wooden Industry
03.2021 - 05.2023
- Company Overview: GWI specializes in construction, fit out, joinery, interiors. Decoration works, MEP works and refurbishments in Qatar.
- Working with the Chief Accountant & Finance Manager in reviewing account balances for preparation of monthly financial reports.
- Prepare the payroll work sheet & process thru WPS for 525 employees.
- Filing and updating the Supplier's guarantees (checks & LG following up with suppliers when it's expired.
- Processed accounts payable and accounts receivable transactions after reconciliation.
- Reviewing & checking the IPCs & Purchase Orders & Price comparison.
- Prepared monthly reconciliations for five bank accounts including trade payables.
- Petty cash handling of QAR 45,000. Re-imbursing weekly & sending required petty cash amounts to project sites.
- Providing support during the monthly closing cycle.
- GWI specializes in construction, fit out, joinery, interiors. Decoration works, MEP works and refurbishments in Qatar.
Accountant
Urban Landscapes WLL
10.2018 - 03.2021
- Handling Petty cash of QAR 15,000 and Re-imbursing monthly.
- Prepare the payroll work sheet & process salary thru WPS for 175 employees.
- LC & LG application filling & submitting to bank follow up with bank about the acceptance.
- Processed accounts payable and accounts receivable transactions.
- Preparing and maintaining the monthly list of manual checks, terminations and adjustment transactions with supporting documentation.
- Recording of Invoices & Payment in the Accounting Software.
- Prepared monthly bank reconciliation for 3 banks.
- Visiting project site to ensure there is no pending invoices & to perform inventory counting.
- Cash Deposits & Check Encashment at the bank.
Audit Senior
Russel Bedford Qatar
01.2018 - 08.2018
- Audit planning audit engagements, including risk assessments and understanding client operations.
- Support audit juniors/trainees during fieldwork by providing guidance and reviewing their work.
- Liaise with client finance teams to gather audit evidence.
- Prepare clear and concise audit documentation in accordance with firm and regulatory standards.
- Draft audit findings and highlight any control weaknesses or areas of concern.
- Assist in preparing financial statements and audit reports.
- Ensure audit work complies with auditing standards, laws, and internal quality control procedures.
Education
Diploma - Accounting
Mercury Institute of Management
Colombo05.2017
BSc - Public Management
University of Sri Jayewardenepura
Colombo09.2017
ACCA (UK) - Final Level
Association of Charted Certified Accountant
ColomboDiploma in Accounting - Part of ACCA
Skills
Payroll Process
Budgeting & Forecasting
Reconciliation (Bank & Supplier & Inventory)
IFRS & GAAP
TAX & VAT
Audit (Annual & ICV & Internal)
Excel & Outlook & Powe Bi
SAP/Dynamics GP/Quick book/Zoho Books
Banking activities
Financial report preparation
Cash flow statements & forecast
Variance analysis
Profitability analysis
Warehouse management
Cost control
Accomplishments
- Implemented a Stationary Reimbursement system which reduced stationary cost by 60%.
- Led Energy Saving project and saved 22% Electricity consumption.
- Implemented 'Go Digital' Concept which reduced paper usage by 75%.
Non Related References
References Available Upon Request
Software
PeachTree
Microsoft Dynamics GP
Zoho Books
SAP
Tally
Timeline
Chief Accountant
Health Assistance Medical Services
05.2023 - 06.2024
Factory Chief Accountant
Brandix Apparel Limited
01.2023 - Current
General Accountant
Group for Wooden Industry
03.2021 - 05.2023
Accountant
Urban Landscapes WLL
10.2018 - 03.2021
Audit Senior
Russel Bedford Qatar
01.2018 - 08.2018
Diploma in Accounting - Part of ACCA
Diploma - Accounting
Mercury Institute of Management
BSc - Public Management
University of Sri Jayewardenepura
ACCA (UK) - Final Level
Association of Charted Certified Accountant