Umar Mahmood Butt
Lahore
Summary
Experienced Accounts Payable Manager bringing 15+ years' experience overseeing all facets of accounts payable functions. Expert in overseeing daily operations, including invoice processing, vendor relationships, expense reporting, cash forecasts and team leadership. Successful in improving workflow and efficiency by reallocating functions based on staff strengths.
Overview
17
17
years of professional experience
Work History
Head of Accounts Payable/Manager
WATEEN TELECOM LTD, ABU DHABI GROUP
Lahore
07.2012 - Current
- Supervise and ensure smooth running of Accounts Payable department
- Ensure timely invoice bookings and committed payments
- Manage cash outflows and payment forecast
- Review and approve all purchase invoices, bank payment vouchers and month end accruals
- Ensure month end closing process and reconciliation of the ledgers
- Maintain excellent working relationships with internal and external parties.
- Developed invoicing systems and internal controls to boost billing efficiencies.
Assistant Manager, Financial Services
WATEEN TELECOM LTD
Lahore
12.2007 - 06.2012
- Review every transaction in GL module before Posting
- Overall review of Ledgers & Trial Balance before Financial Reporting
- Critical review & monthly comparisons for direct costs and G & A expenses
- Addition/ Deletion in Chart of Accounts
- Reconcile GL module with Inventory & Payable modules in Oracle Financial
- Overall Inventory reconciliation with physical stock
- Coordination with Supply chain & Payable Dept
- For effective Procure to Pay Process
- Been involved in BCP (Business Continuity Planning)
- Coordination with External Audit team as audit coordinator
- Enforced company policies and procedures to strengthen operational standards across departments.
Accounts Officer
NISHAT CHUNIAN LTD
Lahore
06.2006 - 12.2007
- Reconciliation of Inventory with GL
- Month wise purchase comparison and investigating variances
- Involved in Preparation & Submission of Sales tax Return as to inventory purchases
- Issued Payments to Creditors
- Reconciled International suppliers’ ledgers
- Monthly & Surprise Stock-takes at site
- Interacted with MIS Dept
- For upgrading ERP based system.
Education
MBA - Finance
Institute of Business Administration
Punjab University, Lahore10.2010
Partially Qualified - Cost & Management
Institute of Cost And Management Accounting
Lahore06.2007
Bachelors in Commerce (IT) - Commerce And IT
Hailey College of Commerce
Punjab University, Lahore07.2004
Skills
- Proficient in ORACLE FINANCIALS
- Account analysis expertise
- Variance reconciling
- Microsoft Office (Excel, Word, PowerPoint, Outlook)
- Ad-hoc Reporting
- Proficient in P2P process
Languages
Accomplishments
- Wateen Platinum Club Award from Chief Executive Officer Wateen Telecom Ltd. Awarded for Performance Excellence in Financial services throughout the year 2022.
- Letter of Appreciation from Chief Transformation Officer Wateen Telecom Ltd. Awarded with letter of appreciation with a cash reward for my tremendous efforts in completing the Audit of Financial Statements within a short time through my behavior that lived two values "Served & Enabled the World around Me" as well as "Ownership & Accountability of Results and Company".
- Academic Excellence Award from Prof. Ch Nazir, Principal Hailey College of commerce, awarded with special cash reward for excellent academic performance in B.Com (Part-1) final examination 2003
Timeline
Head of Accounts Payable/Manager
WATEEN TELECOM LTD, ABU DHABI GROUP
07.2012 - Current
Assistant Manager, Financial Services
WATEEN TELECOM LTD
12.2007 - 06.2012
Accounts Officer
NISHAT CHUNIAN LTD
06.2006 - 12.2007
MBA - Finance
Institute of Business Administration
Partially Qualified - Cost & Management
Institute of Cost And Management Accounting
Bachelors in Commerce (IT) - Commerce And IT
Hailey College of Commerce
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