Umer Khan
Bowmanville,Canada
Summary
Seasoned accounting professional with 18 years of experience in fast-paced environments, specializing in Accounts Receivable, Payroll, and General Accounting. Proven track record in enhancing operational efficiency through innovative strategies and a solid understanding of GAAP and financial reporting. Award-winning leader recognized for meticulous bookkeeping and effective team management, excelling at building strong relationships with stakeholders across all levels.
Overview
18
18
years of professional experience
Work History
Accounting Supervisor
My Insurance Broker Corp.
08.2016 - Current
- Reconciliation of general and subsidiary bank accounts
- Oversee and calculating semimonthly payroll for Staff and part time employees
- Preparing and calculation of monthly commission statement for producers/brokers
- Reconciliation of company credit cards maintaining strict audit check of expense claims
- Daily check on aging accounts receivables adjusting entries for amortizations prepaids; analyzing and reconciling and accounts payable ledgers; preparing fixed asset depreciation and accruals
- Maintains accounting controls by following policies and procedures; complying with federal, state, and local financial legal requirements
- Monthly collection follow-ups with brokers ensure 100% premium collection through rigorous follow- up procedures
- Oversee month end process and prepare reports for CFO
- Supervision of accounting staff and managing day to day performance
- 2019 Post to Pillar performance award winner
- Assisted Financial Controller in initiation of EPIC accounting project
- Fixed accounting records in line with RIBO reporting
Accounting Assistant
Fircroft Saudi Arabia
02.2015 - 07.2016
- Prepared, examined or analyzed accounting records financial statements or other financial reports to assess accuracy completeness and conformance to reporting procedural standards
- Analyzed business operations trends cost, revenues, financial commitments & obligations to project future revenues expenses or to provide advice and projection on monthly cash flow
- Developed, maintained & analyzed budgets, prepared periodic reports that compare budgeted costs to actual costs, variance analysis of all P&L Items and monthly balance sheet reconciliations
- Surveyed operations to ascertain accounting needs and recommended developed or maintained solutions to business financial problems including maintaining a relationship with client departments
- Provided performance analysis as and when required to Country Director
- Supported Finance Manager as required re the calculation of commission statements for all sales units
- Monitored and reported accounting records, financial statements, or other financial reports, performed in- depth analysis and developed detailed business requirements
- Presented forms and manuals for accounting and bookkeeping
- Provided creative solutions and guidance to the Finance Manager with financial controls and accounting processes
- Introduced new reporting procedures in line with GAAP for the Saudi subsidiary
- Influenced decisions through collaboration and leadership, conducting training sessions on Colleague CRM back office and Sage 50 accounting software
Billing & Payroll Assistant
Fircroft Saudi Arabia
01.2012 - 01.2015
- Oversaw all aspects of cost and payroll for more than 600 consultants globally while ensuring the payroll systems were in good working order to meet deadlines
- Identified and developed controls and processes to ensure all risks and opportunities were highlighted and payroll and invoicing procedures optimized
- Mentored and trained new staff on payroll systems to maintain the delivery of objectives in a timely manner and to maximize their potential
- Strictly adhered to Wages Protection System (WPS) guidelines, establishing appropriate check and balance to deliver compliance and accuracy in payroll
- Maintained comprehensive payroll records and conducted manual calculations of statutory payments and deductions
- Monthly billing based on purchase orders received, this also includes frequent client visits and meetings with line managers to fix any errors on purchase orders
- Updated and streamlined functional specification documents in accordance with approved work plans, and updated employment contract database
Client Account Administrator
Fircroft Saudi Arabia
05.2011 - 12.2011
- Drove continuous enhancements through the implementation of production, productivity, quality, and customer-service standards
- Executed a wide range of credit management tasks, demonstrating the ability to interact and communicate effectively and with high impact at all levels of the organization
- Enhanced productivity and operational efficiency by accurately analyzing and evaluating debtor control account for aged balances
- Liaised with clients, contributing with strategic insights during meetings held to address their issues and requirements
- Supported the recruitment activities, including providing workforce hiring support and resume search
Accounts Receivable Projects
ZTE Pakistan Pvt Ltd
01.2010 - 04.2011
- Appreciation received for escalating and resolving $ 1.5 million unbilled debt during audits with the help of team members and technical departments
- Email can be presented upon request
- Provided precise support as accounts receivable on telecom projects with the aim of facilitating improved office practices
- Monitored and reported on project unbilled status, making sure everything was accurately processed, and collaborating with the team to keep track and billing tasks are performed timely and efficiently
- Maintained the commitment to high professional ethical standards and a diverse workplace, participating in departmental meetings to discuss and develop targets
- Conducted effective and efficient management of month end project revenue calculations reported to supervisor
- Enormous customer exposure in resolving billing queries on almost daily basis, inter departmental communication to resolve technical issues with clients for billing documentation and frequent visits to customer offices for chasing payments and sending monthly customer statements
Accounts Payable Projects
ZTE Pakistan Pvt Ltd
05.2007 - 12.2009
- Acknowledged for good performance by the country financial controller
- Worked in accordance with regulations, policy and best practice when providing pre-audit and processing of corporate (project) payments and project support (administrative) payments
- Prepared vendor reports and provided assistance with various accrual reports, prepayment workings
- Provided quality services to internal customers regarding staff expenses, project appraisal, funds arrangement, and outsourced staff payroll
- Facilitated other departments for the design and implementation of internal control and risk management system for prevention, detection and correction of errors and frauds
Education
Finance - Diploma In Human Resource Management
SZABIST
Pakistan01-2011
MBA - Finance
Comsats University
Pakistan03-2007
Skills
- Bookkeeping
- Payroll
- Budget/Variance Analysis
- Financial Reports
- Year-end closing
- Client Services
- Accounts receivable management
- General ledger maintenance
- Financial reporting systems maintenance
- Internal controls
- GAAP compliance
- Month-end closing
- Accounts payable management
- Bank reconciliation
Technicalskills
Applied EPIC Accounting, Sage 50, Quick Books, SAP, Simply Accounting, Sidat Hyder Oracle Financials, Colleague CRM, JD Edwards, Microsoft Office (Word, Excel, PowerPoint)
Accomplishments
- Post to Pilar Award 2019
Timeline
Accounting Supervisor
My Insurance Broker Corp.
08.2016 - Current
Accounting Assistant
Fircroft Saudi Arabia
02.2015 - 07.2016
Billing & Payroll Assistant
Fircroft Saudi Arabia
01.2012 - 01.2015
Client Account Administrator
Fircroft Saudi Arabia
05.2011 - 12.2011
Accounts Receivable Projects
ZTE Pakistan Pvt Ltd
01.2010 - 04.2011
Accounts Payable Projects
ZTE Pakistan Pvt Ltd
05.2007 - 12.2009
Finance - Diploma In Human Resource Management
SZABIST
MBA - Finance
Comsats University
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