Muhammad Umer Hamid
CA-Inter
Faisalabad, Punjab
Summary
Highly motivated and experienced Audit Associate with a solid background in external audits and business management. Proven track record of conducting more than 10 external audits and managing small businesses. Seeking an accounting or auditing position here to leverage expertise and contribute to organizational success.
Overview
2
2
years of professional experience
5
5
years of post-secondary education
Work History
Yarn Trader
Owner
Faisalabad, PB
07.2022 - 02.2024
- Traded highly speculated yarn in yarn market of Faisalabad, Traded around $1,000,000 of yarn monthly by analyzing market trends, market condition and price fluctuations to maximize profits.
- Managed procurement and sales, negotiating deals and maintaining strong relationships with suppliers and buyers.
- Conducted market research and forecasting to inform trading strategies and decision-making.
- Enhanced portfolio performance through diligent research, stock selection, and timely adjustments to market conditions
Cloth Processor
Owner
Faisalabad, PB
07.2021 - 04.2022
- Managed daily operations, including procurement, processing from third parties, sales, and inventory management.
- Managed strong relationships with over 30 wholesale buyers monthly across various cities.
- Ensured quality control and timely delivery of processed cloth to customers, maintaining strong relationships with suppliers and customers.
- Handled financial management, including budgeting, cost analysis, and profit optimization.
Audit Associate
Parker Russell -A.J.S.
Faisalabad, PB
07.2019 - 02.2021
- Successfully conducted over10 financial audits and reviews across various industries including manufacturing, retail and services.
- Performed comprehensive audits, ensuring compliance with International Standards on Auditing (ISAs) and regulatory requirements.
- Reviewed and analyzed financial statements, identifying discrepancies and providing recommendations for corrective actions.
- Assisted in planning and execution of audit engagements, including risk assessment, audit strategy formulation, and resource allocation.
- Computation of Income Tax of various Corporate & Non-Corporate Entities
- Collaborated with senior auditors and clients to ensure accurate and timely completion of audits and resolution of any identified issues.
- Provided detailed audit reports and findings to senior management and clients, highlighting key issues and areas for improvement.
- Mentored and supervised junior audit staff, providing guidance and support to ensure high-quality audit work.
- Successfully managed and completed audits within tight deadlines
Intern
KPMG Taseer Hadi & CO.
Lahore, PB
01.2019 - 03.2019
- Assisted in inventory management audits, ensuring accuracy and compliance with company policies and regulatory standards.
- Conducted physical inventory counts and reconciliations, identifying discrepancies and supporting inventory optimization efforts.
- Prepared detailed audit documentation and reports, contributing to risk assessment and internal control evaluations.
- Gained hands-on experience in various software programs, increasing proficiency and expanding technical skill set.
Intern
KPMG Taseer Hadi & CO.
Lahore, PB
04.2018 - 07.2018
- Assisted in inventory management audits, ensuring accuracy and compliance with company policies and regulatory standards.
- Conducted physical inventory counts and reconciliations, identifying discrepancies and supporting inventory optimization efforts.
- Prepared detailed audit documentation and reports, contributing to risk assessment and internal control evaluations.
- Gained hands-on experience in various software programs, increasing proficiency and expanding technical skill set
Education
CAF (CA-Inter) - Chartered Accountancy (CA)
ICAP
Faisalabad, PB 10.2015 - 05.2019
Assessment of Fundamental Competencies Examination - Chartered Accountancy (CA)
ICAP
Faisalabad, PB 10.2014 - 10.2015
Higher Secondary School Certificate/Intermediate - Science Education
Punjab College of Science
Faisalabad, Punjab, Pakistan 09.2012 - 09.2014
Skills
Possesses in-depth knowledge of accounting principles, financial regulations, and auditing standards
Sound understanding of risk management and internal controls
Proficient in using accounting software and financial management systems
Excellent analytical and problem-solving skills
Strong attention to detail and accuracy
Effective communication and interpersonal abilities
Inventory Management
Operational Management: Experience in overseeing processing of grey cloth, ensuring quality control and timely delivery
Proficient in market analysis and strategic trading in highly speculated yarn market
Languages
English
Urdu
Punjabi
Extracurricular Activities
Cricket (played in school cricket team & Currently Playing at club level) Snooker
Cricket
I have represented myself in school and college cricket teams and now currently playing at club level cricket in my spare time.
Timeline
Yarn Trader
Owner
07.2022 - 02.2024
Cloth Processor
Owner
07.2021 - 04.2022
Audit Associate
Parker Russell -A.J.S.
07.2019 - 02.2021
Intern
KPMG Taseer Hadi & CO.
01.2019 - 03.2019
Intern
KPMG Taseer Hadi & CO.
04.2018 - 07.2018
CAF (CA-Inter) - Chartered Accountancy (CA)
ICAP
10.2015 - 05.2019
Assessment of Fundamental Competencies Examination - Chartered Accountancy (CA)
ICAP
10.2014 - 10.2015
Higher Secondary School Certificate/Intermediate - Science Education
Punjab College of Science
09.2012 - 09.2014