1. UMAIR NOOR – CFA, IPA, CPIA, MBA
Certified Experienced Finance & Accounts Professional
Mobile: +971503745425 | Email: umair.419@gmail.com | DOB : May 15,1986
Driving License: Valid UAE License | LinkedIn: www.linkedin.com/in/umair-noor-cfa-ipa-cpia-mba-68685218
Objective:
Experienced and certified Finance & Accounts professional with over 8+ years of impressive track record. Self-starter,
team player and problem-solver with keen attention to Company needs and details. An innovator with creative skills
and experiences to improve overall business processes.
Professional Certifications:

IPA – Institute of Public Accountant – IPA Australia (Member)

CFA - Certified Financial Accountant – SOAE Pakistan (Associate Member)

AFA – Associate Financial Accountant – IFA UK (Member of IPA Group)

CPIA - Certified Professional Internal Auditor – ICFA Canada (Associate Member)

PIPFA - Pakistan Institute of Public Financial Accountants (Continue)
Academic Qualification:
 MBA - Masters in Business Administration “Finance” 2007 to 2008 with CGPA: 3.46 out of 4
 BBA - Bachelors in Business Administration “Honors” 2004 to 2007 with CGPA: 3.2 out of 4
Professional Experience:
Group Financial Controller
FKH TRANSEQUIP FZCO – Dubai June 2014 – Present

Directing financial decisions by establishing, monitoring, and enforcing a documented system of controlling
processes, policies and procedures in accordance with Group Policies and requirements.

Developing reports for top management summarizing the business financial position in areas of income,
expenses, capital usage and cash flows, involved and coordinate the preparation of strategic plans, budgets
and financial forecast.

Developed and maintain ERP accounting systems for all the business transactions.
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Preparing Annual Budget and forecasting trends.
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Effective Cash Flow Management.
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Engaged in ongoing cost reduction analyses in all areas of the company. Monthly detailed payroll review.
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involved in stock taking and validation of the stock pricing system.
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Analyze and explain key variances including volume, price and mix variances for actual and estimated results.
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Engage in financial analysis in such areas as forecasting, budgeting and reviewing operational performance.
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Control and monitoring of all disbursements.
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Review of all PO, disbursement, fund transfers and day to day finance functions.
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Handling key suppliers’ payment issues.
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Getting control accounts reconciled and sorting out the discrepancies.
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Opening LC for inland and foreign party.
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Negotiating with the banks for export documentation requirement.

Producing MIS reports, Monthly and Quarterly financial reports like weekly cash flow statements, Monthly
P&L, Balance sheet, Aged creditor and debtor reports weekly.

Coordinating the provision of information to external auditors for the annual audit.
Key Achievements:

Developed a new collection system that reduced outstanding sums due from customers and upgraded the
existing systems which improved processes and doubled efficiencies within the department.

Increased year-on-year cash flow by 2.1 million by reducing accounts receivable days by approx. 36%.

In my current role I delivered process and control improvements and successfully implemented an ERP
system across a broad range of industry sectors.

Effectively worked with the Chairman to generate strategic business plans, spending guidelines and helped
to reduce Opex by 1.1 million in fiscal 2014-2015.

Introduced sales funnel analysis which fostered 20% growth in large bid deals.

Developed, documented and implemented internal control policies and procedures

2. Manager – Account & Finance
CMC - Communication & Machinery Corporation (Private) Limited Feb. 2008 – May 2014

Reporting to the Managing Director as Head of Department with a 6 – 8 members team.

Responsible for financial reporting of balance sheet, income statement, cash flow statement as per IFRS/ IAS

Maintained General ledger and subsidiary ledgers like sales and accounts receivable, purchases and accounts
Payable.

Maintained aging report of receivables & payables
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Developing and updating accounting, finance and management policies and procedures

Prepared annual accounts as per IFRS/ IAS

Interface with external auditor for statutory audits
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Performed valuation of inventory and Estimated cost of imported products
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Responsible to monitor entire process of financial transactions

Prepared Monthly Pak rupee & foreign currency bank account reconciliation of banks
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Posting of all transactions to the ledgers
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Maintained Fixed Asset ledger and associated depreciation schedules on the System.

Responsible for imports and its clearing documentation matters & remittances
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Responsible for Payroll processing, maintained employee’s advances, deductions & disbursement.

Responsible for Internal audit control, highlighting risk areas and making recommendations

Corresponded with the bank and other business units to resolve operational & financial issues
Key Achievements:

Managed to save Opex by 20% (1.2 Million) for the fiscal year 2013-14.

Devised and Participated in the implementation of Accounting Software and set up chart of accounts of the
company. Which resulted into accuracy of financial reporting process and helped to provide information

Prepared projected financial statements for banks in order to avail the finances for new projects of the
company

Implemented IFRS/ IAS throughout the company for the preparation of financial statements. Which lead to
more easily read and useful statements and how transactions should be reported and what information
should be disclosed in financial statements
Assistant Manager – Finance & Account
Alfa Energy Resources (Private) Limited Jan 2007 – Jan, 2008

Supported the operations with financial insight in the areas of cost control, accounting related to statutory
bodies’ expense control and budgeting.

Prepared for Cash Book and Bank Reconciliation, Petty Cash management and all related vouchers

Prepared statement of cash flows
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Prepared Accounts Receivable reconciliation & calculation of bad debt expense on monthly basis

Prepare relevant accounting records and financial statements as directed by the management

Performed physical inventory count & prepared inventory reconciliation on monthly basis

Prepared payroll checks and performed payroll disbursement
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Corresponded with external Auditors to ensure statutory audit is carried out smoothly
Key Achievements:

Devised & Implemented IFRS/IAS in the company for preparation of final accounts

Recovered 2.3 million in outstanding debts from clients

Introduced and implemented inventory management system in the company which resulted solved inventory
management and costing problems and earlier they used a hand count of inventory method which was matter
for days, but after implementation of inventory management system the same process can be done in a
matter of hours

3. Additional Experiences – Consultancy / Part time:
 Chief Accountant at Reliance Aqua Farm (Private) Limited, Karachi
 Finance & Accounts Consultant at EURONAUTICA GLOBAL FZC, Sharjah
 Accounts & Audit Consultant at Shoeby Associates & Consultant, Karachi
 Tax Advisor & Audit Consultant at Matrix Tracker (Private) Limited, Karachi
 Tax Advisor & Audit at Avalon Services (Private) Limited, Karachi
 Consumer Support Service Executive, Karachi Electric Supply Company, Pakistan
Skills & Expertise:

Financial reporting, accounting and consulting under IFRS

Financial Operations Management including Cash flow and Working Capital Management

Financial presentations and analysis
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Excellent command on implementing and improving MIS system

Annual accounts Finalization

Inventory Management

Cost Controlling and possible reduction proactively

Focused on ROI, DSO and other KPI’s result effectively

Planning, Budgeting and variance analysis

Group Consolidation

ERP systems experience

External and Internal Audits

Business Performance Analysis

Due Diligence and Industry Best Practices

Team Management

Strategic Financial Planning
Honors & Awards:

Regional coordinator
Regional coordinator designation awarded by The Society of Accounting Education for Karachi region.

Awarded Appreciation Letter
Appreciation Letter awarded by CMC for successfully completion of Audit notices raised by FBR through
erratically selection process.
Trainings & Certifications:

Certificate of Participation for Role of accounting & finance in business awarded by ICMAP- (2008)

Certificate of Participation in 1st
Karachi youth talent show awarded by ‘’School of business Studies.’’

Career development certificate awarded by FUUAST- (Sept. 2006).

Computer hardware literacy program & networking short course- (2004).
Other Skills:

Packages: Microsoft Excel, Outlook, Power Point, Word, QuickBooks, Tally, Spreadsheet, Focus RT ERP.

Languages: Fluent in English & URDU
References:
On request.