Omar kh
- 1. Muhammad Omar Khan +92(322) 4294068 omarkhan.acca@gmail.com CAREER OBJECTIVE A highly numerate, ethical, motivated, enthusiastic and reliable Experienced Professional, with a strong academicrecord, conscientious and detail oriented, willing to add value by using his academic knowledge & strong platform of your Firm. PROFESSIONAL QUALIFICATION ICAEW (Chartered Accountant) England & Wales Finalist ACCA (Member Chartered Certified Accountant) Glasgow, United Kingdom 2013 70% Marks in the Essentials Module Advanced Diploma in Accounting & Business Glasgow, United Kingdom 2012 Awarded by ACCA CAT (Certified Accounting Technician) Glasgow, United Kingdom 2009 80% Marks in the Introductory & Intermediate modules ACADEMIC QUALIFICATION Masters under UK Royal Charter Glasgow, United Kingdom 2016 M.Com Higher Education Commission of Pakistan 2014 F. Sc (Pre-Engineering) Garrison Degree College, Lahore 2008 Matriculation (Science) ` Garrison Boys’ High School, Lahore 2006 CERTIFICATIONS Certified In Secretarial Practices Glasgow, United Kingdom 2014 Awarded by ACCA Certified In Income Tax Ordinance 2001 Glasgow, United Kingdom 2014 Awarded by ACCA PROFESSIONAL EXPERIENCE (GOLD STATUS) (5 YEARS) ORIENT Group of Companies Nov 2014 to Date (A Brand partner of Samsung, Mitsubishi, Moulinex, Midea, Hitachi & Osram) Orient is one of the fastest growing consumer goods electronics brands in Pakistan. Within a short span of time Orient has become a leading brand and a preferred choice for consumers. Orient offers efficient, stylish and long lasting home appliances to its customers. Expanding its range of products the brand is emerging as a symbol of innovation. Smart technology is becoming an intrinsic part of major Orient products. Working as an Assistant Manager in Internal Audit Department Responsibilities Reporting to the Deputy General Manager Controlling & Internal Audit Using Enterprise Resource Planner (System Application Programmes (SAP)) In Modules Material Management, Financial Information, Sales & Distribution, Customer Services & Controlling to accomplish underneath job roles; Development of internal audit charter, scope, audit program, manual and internal audit plan Implementation of management policies Financial reporting, risk management and compliance Reviewing and monitoring processes, internal controls and risk Analysing operations and confirmation of information Preparing and monitoring risk based audit plan for internal audit Assuring Compliance in Internal Policies, Standard Operating Procedures and Manuals
- 2. Assessing and evaluating internal controls and accounting systems. Ensuring compliance with company policies and procedures and other legal requirements Conducting special assignments as required by management; and reporting on the findings outcomes and recommendations on internal audit activity Monitoring & conducting Audit of company Banks, Fixed Assets, Liabilities and Expenses. Monitoring & conducting Inventory counts, Cash Counts, Bank Reconciliation Statements, and Customer Reconciliations. Monitoring & conducting Audit of Customer Services (After Sales Processes) in detail. Monitoring & conducting periodic branch audits nationwide (18-Branches). To monitor and check the system of purchases, sales and other routine income & expenditures. To monitor and look after all of the loans, leasing and other long-term debt financing obligations To authenticate the balances of accounts receivable and payable To check and monitor the payrolls Preparing Monthly, Quarterly and periodic Internal Audit Reports SERVICE SALES CORPORATION (SSC) Jul 2013 - Oct 2014 The Company is leading in the Retail Sector Nation Wide. Over the years it has expanded its operations in KENYA & DUBAI. SSC is the 1st organization, Nation Wide to introduce Oracle Retail Management System (ORMS) in the Retail Sector. It is competing with the top 10 Global Hard line Retailers (Including Wal-Mart, TESCO & Carrefour) after the introduction of ORMS by LOGIC. (A USA based Firm) Worked as a Project Coordinator in Quality Assurance Process (Internal ControlDepartment) Responsibilities Reporting to the Chief Financial Officer (CFO) Presentation to CFO about the position of Account Receivables on Fortnightly basis (Cash & Stock Debits/Credits) Shortage Cases at Shops Shop Inter Transfer Managing Remittances EPOS Errors Remarks & Resolution on Debits/Credits & Recommendations about the effectiveness of SOP Using Enterprise Resource Planner (Oracle R12 Financial) In GENERALLEDGER Managing Account Receivables Uploading Daily Remittance in EBS after proper reconciliation of amount credited by Bank with Cash deposit slips Knocking Daily Remittance against respective Sales figure Updating Daily Bank Cash Position Managing Account Payables Sorting & Making entries regarding Amortization of Renovation Monthly Payroll payments & payroll deductions by generation of Debit Notes Annual Adjustments Managing Franchises Account Maintaining proper Accounting records in Addition, Deletion & Further Investments of 166 Franchises Sorting Investments of Franchises into proper Accounting Heads i.e. Licence Fee, Stock Security, Renovation Security, Rent Security Managing Insurance Receivables Account Verifying & Calculating the amount of loss arose with FIR & Inventory Adjustment Report to update the status of Cost Of Sales Transferring the amounts to precise reason codes i.e. Cash Loss against Sale, Cash Loss against Imprest, Theft & Insurance Debtor A/c Managing Provident Fund Trust Account Maintaining proper accounting records of All HO & Field staff Provident Fund & Reconciliation of Accounts on Monthly basis Maintaining Loan Register & Management of Funds Managing Expenses Account Sorting, Preparing & Uploading ADI (Accounting Data Interface) regarding expenses, Utilities , GST & WHT, Extra Tax & Further Tax Verification & Management of imp rest balances available to Shop managers & providing correct reason codes Assist Manager Accounts in the preparation of financial statements of Service Shoes Africa Ltd through Providing extracts from General Ledger & making adjustments in the Financial Statements Using Oracle Retail Management System (ORMS) Identifying differences in Inventory of ERP & ReSA (ORMS) & their Rectification & Regularly Maintaining Imp rest balances Reconciliation of Expenses & Inventory details in Retail Sales Audit (ReSA) With Enterprise Business Suite (EBS) Mapping Natural Account # & location Codes in Internal Audit, External Audit & Incorrect Receiving Assist External Audit in providing information about Advances From Third Parties, Stock Security, Renovation Security & Rent Security Inventory Holding Period, Receivables Period & Payables Period In Decision Making process providing details of Working Capital Management through Retail Sales Audit(ReSA-ORMS)
- 3. MIAN NAIM ASIF RASHID & Co. (A member firm of RPN Chartered Accountants Canada) Oct 2010- Mar 2013 S.M.NAIM MAIN former Partner of DELLOITE TouchéTohmatsu Lahore, Pakistan. This Company is active in providing Audit, Assurance, Tax and Consultancy Services all over Pakistan and is a part of World renowned Audit firms. Reporting to the Manager Audit & Assurance, I was responsible for: Assisting Manager Audit & Assurance in planning of the Audit of Client’s Financial Statements Test the Financial Statements for the compliance of the International Financial Reporting Standards (IFRS's). Obtain sufficient appropriate audit evidence through audit procedures predefined by International Standards on Auditing (ISA'S). Worked as a Senior Auditor, I had managed a wide range of engagements & served the following thriving Reputed Clients: Conducted External Audit of LI & FUNG Logistics (Pvt.) Ltd (Formally IDS Logistics) Conducted External Audit of Allied marketing (Pvt.) Ltd (Lever brothers Pakistan Ltd) Conducted External Audit of Shakarganj Sugar Industries Conducted External Audit of International Petrochemicals (Pvt.)Ltd Conducted External Audit of Haq Tyre & Rubber Industries (Pvt.) Ltd (FLYING HAWK Tyres) Conducted External Audit of Haq Carpet Industries Compilation of Accounting Records & Conducted External Audit of PESSI During my training in the Firm, I have gathered extensive experience in audit and assurance services rendered todifferent multinational, public and private companies. This comprised of analysis and review of financial and non-financial information and reporting thereon both in individual capacity and as a Team Leader in the Assurance wing of my Firm. Working as a senior, I lead large teams through the planning, execution and conclusion stages of statutory audits and multinational concerns and other varied special nature engagements. My responsibilities include thefollowings; Audit Assurance and Advisory Services Formulating audit strategy, preparing audit plan, and managing its progress Reviewing working papers and getting the deliverables reviewed by partner and their sign off Ensuring that the financial statements comply with requirements of International Financial Reporting Standards(IFRSs) Coordinating with various professionals; managing staff and mobilizing resources on the project; Managing client relationship and filling expectation gap; and Managing portfolio of clients; resolving conflict; and mentoring personnel. Conducting business research in order to have an in-depth understanding of a client’s industry and business Preparation of Internal Control Memorandum containing strengths and weaknesses of the Internal Control issued to the client My experience in the firm has enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries and the accounting and internal control systems implemented at various sectors. ACHIEVEMENTS High Achiever Nationwide (Business Analysis 71%, Cooperate Governance, Risk & Ethics 73%) ACCA 1st Position in Acute Business College (Recording & Maintaining Financial Transactions 82%) CAT Recently attended Seminar on Global Tax Avoidance Addressed by Chas Roy, held here at Lahore Tax Bar Association Attended Seminar on Capital Gains Tax Addressed by Chas Roy Chowdhury, held here at Lahore Stock Exchange Attended Pre-Budget Seminar highlighting tax issues by Tax commissioner FBR held here at Lahore Chamber of Commerce. Attended Annual General Meeting of Members Chartered Certified Accountants held here at Royal Palm Lahore. Attended Talent Gymnasium Conference for Chartered Certified Accountant Members held here at Royal Palm Lahore. Attended MNP Elections Results & Members Network Meeting held here at Royal Palm Golf & Country Club Lahore. Best English Speaker Award Garrison Degree College Lahore for consecutive two years. ETHICAL CONSIDERATIONS Completed the Professional Ethics Module examined under ACCA Code of Ethics & IESBA as a part of CPD. References will be furnished on request