Umer Shareef

Resourceful business savvy professional with 12+ years of experience in F&A processes - P2P, O2C and R2R.Have proven to be a productive hand who can achieve operational excellence, promote best practices, support and drive continuous improvement, drive transformation programs and utilize business acumen to provide meaningful insights.

Professional Experience

International Golden Group P.J.S.C. (GST) | Financial Accountant

2018 – Present

Key responsibilities:

 Preparing monthly, quarterly and annual financial reports. Performing all month end and year end journals including prepayments, salary, control accounts, Inter Company, Provisions, accruals etc.

Performing Balance sheet account reconciliations, sub- ledger to GL reconciliations

Overseeing all payroll functions, reviewing and transferring salary through WPS.

Managing, recording & reconciling the replenishment of petty cash.

Monitoring Inventory movements & recording in books. Preparing Costing of Finished goods based on BOM.

Preparing monthly Fixed Asset schedule & posting depreciation in ERP system.

Reconciling bank statements.

Raising Sales Invoices & issuing them to clients / customers.

Preparing reports on overdue receivables, aged open items & following up for collections.

Recording all AP & AR transactions in books of accounts. 

 Prepare & Arrange LC and other facilities from the bank.

Performing AP reconciliations & ensuring timely payments to Suppliers via cheques / wire transfers.

Filing VAT returns every quarter &making VAT payment to Federal Tax Authority.

Assisting the team with audit preparations.

Prompt & Periodical submission of MIS reports to management & Auditors.

Attending monthly team meetings &discussing challenges to implement best practices.

Having brain-storming sessions with team to come up with new ideas & boost creativity.

DXC Technology - Merger with Hewlett Packard Enterprise (HPE)/ R2R Team Lead - Intercompany

2012 – 2017

Key responsibilities:

Managed a team of 30+ employees assigned for SSC's - WEUR, CAIRO & LATAM regions.

Reviewing & Approving AP Reconciliations prepared by the Team and submitting to Clients within TAT.

Reviewing all SSC payment proposal files & approving them to release the payments via Netting.

Reviewing & Approving all reports such as CIG, CACT and submitting to Clients within TAT.

Prepare & Submit Monthly Governance Dashboards to the Account Delivery Managers for Governance Meetings.

Leading the client/ SSC & Governance Calls to discuss on the non-clarified open items to effectively work towards reducing the same.

Handling Escalations and building a strong relationship with the clients.

Driving Process Improvements by eliminating any duplicate steps in process.

Ensuring to meet the defined SLA’s, CPI’s, KPI’s to provide accuracy & smooth results to the Clients.

Prepared & Monitored the RACM module to have smooth results.

Mentoring the team to have continuous improvements to achieve their goals

R2R SME - General Ledger

Key responsibilities:

Performing monthly GL reconciliations for low, medium and high-risk accounts and submitting to the Clients.

Performing system processing activities such as GR/IR Clearing and foreign currency revaluation (FCV).

Performing Cost Center Allocation from dummy cost center to the correct cost centers.

Preparing the Reports for Fixed Assets, Exchange gain/loss and intercompany AR / AP revaluation of accounts.

Preparing & maintaining CAPA file to avoid & prevent errors in process.

IBM India Pvt Ltd | Procurement Operations Buyer

2011 – 2012

Key responsibilities:

Creating Purchase requisitions based on Material request provided by the requestor.

Ensure all the purchase requisitions are reviewed and submitting to Finance approval within TAT.

Creating standard & blanket Purchase Orders (PO) for all purchase requisitions approved by Finance within TAT. Reviewing and amending purchase orders for any price and quantity discrepancy.

Verification of Purchase requisitions and Purchase orders for Quality check in SAP.

Resolving customer queries through telephonic & emails. Reporting the pending assignments to the clients which cannot be executed due to technical glitches & implementing solutions.

EducationBackground

VijayaMain Degree College- Bangalore (INDIA)

Bachelor of Commerce(Specialization in Finance)

Completed in 2011

Sikkim Manipal University - Distance

Masters in Business Administration (MBA)

Pursuing