Muhammad Umer Khan FCCA, CIA, CRMA
Group Financial Controller at Fadel Group- Claim this Profile
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English Full professional proficiency
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Urdu Native or bilingual proficiency
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Arabic Limited working proficiency
Topline Score
Bio
Waqad Bin Azhar
During my time spent at Majid Al Futtaim, I worked with Umer on multiple projects where he helped me during my initial phase with the organization. Furthermore, I found him to be very hands on with all aspects of the job and always available to help the team members to achieve both individual and combined goals of the team.
Akash Raval FCCA,CIA,CISA
I had worked with Umer for almost 2 year and found him being extremely helpful with assessment of risks and providing appropriate recommendations. During my tenure with him i also mastered key skills such as data analytics which assisted me in my future audits. Looking forward to working with Umer once again.
Waqad Bin Azhar
During my time spent at Majid Al Futtaim, I worked with Umer on multiple projects where he helped me during my initial phase with the organization. Furthermore, I found him to be very hands on with all aspects of the job and always available to help the team members to achieve both individual and combined goals of the team.
Akash Raval FCCA,CIA,CISA
I had worked with Umer for almost 2 year and found him being extremely helpful with assessment of risks and providing appropriate recommendations. During my tenure with him i also mastered key skills such as data analytics which assisted me in my future audits. Looking forward to working with Umer once again.
Waqad Bin Azhar
During my time spent at Majid Al Futtaim, I worked with Umer on multiple projects where he helped me during my initial phase with the organization. Furthermore, I found him to be very hands on with all aspects of the job and always available to help the team members to achieve both individual and combined goals of the team.
Akash Raval FCCA,CIA,CISA
I had worked with Umer for almost 2 year and found him being extremely helpful with assessment of risks and providing appropriate recommendations. During my tenure with him i also mastered key skills such as data analytics which assisted me in my future audits. Looking forward to working with Umer once again.
Waqad Bin Azhar
During my time spent at Majid Al Futtaim, I worked with Umer on multiple projects where he helped me during my initial phase with the organization. Furthermore, I found him to be very hands on with all aspects of the job and always available to help the team members to achieve both individual and combined goals of the team.
Akash Raval FCCA,CIA,CISA
I had worked with Umer for almost 2 year and found him being extremely helpful with assessment of risks and providing appropriate recommendations. During my tenure with him i also mastered key skills such as data analytics which assisted me in my future audits. Looking forward to working with Umer once again.
Credentials
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Certification in Risk Management Assurance (CRMA)
IIA-The Institute of Internal AuditorsJun, 2019- Nov, 2024 -
Certified Internal Auditor (CIA)
IIA-The Institute of Internal AuditorsOct, 2018- Nov, 2024 -
UAE Chartered Accountant (UAECA)
Accountants and Auditors Association - AAAFeb, 2015- Nov, 2024 -
Chartered Certified Accountant (ACCA)
ACCAMay, 2012- Nov, 2024 -
Certified Accounting Technician
ACCADec, 2005- Nov, 2024
Experience
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Fadel Group
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United Arab Emirates
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Paper and Forest Product Manufacturing
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1 - 100 Employee
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Group Financial Controller
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Mar 2021 - Present
KEY HIGHLIGHTS - Identified business risks and developed and implemented finance, procurement, accounting, internal controls, and reporting policies, guidelines, and procedures to mitigate and minimize those risks. - Monitoring the implementation of established policies and procedures. - Evaluate and improve the effectiveness and efficiency of the internal controls. - Facilitating improvements in the accounting system. - Oversee financial management of foreign operations. - Managing and overseeing the preparation of all financial reporting. - Preparing yearly budgets and forecasts at the group level by accumulating information from subsidiaries in the group and subsequently monitoring any irregularities. - Prepared monthly and quarterly management reports to identify results, trends, financial forecasts, and decision support. - Facilitating statutory audit and preparing supporting worksheets for audit of the Group. - Responsible for VAT and ESR filing and interaction with/submission to authorities directly. - Management and coordination of Group transfer pricing policy. - Monitoring and improving the Group's liquidity needs. - Adhoc reports to CEO. Show less
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Investment and Development Office (IDO) - Ras Al Khaimah
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United Arab Emirates
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Investment Management
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1 - 100 Employee
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Internal Audit Supervisor
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Sep 2019 - Mar 2021
KEY HIGHLIGHTS -Contributed to the annual financial, compliance, operational and governance audit plan building exercise -Conducted risk assessments and develop audit strategies giving priority to high-risk areas -Developed and deployed risk-based audit strategies in an efficient and accurate manner -Established partnerships with client management, always ensuring collaborative audits -Led financial, compliance and operational audits of several government investments, which included portfolio investments (quoted/unquoted), Real Estate and Leasing, Healthcare, Manufacturing and other Government investments -Evaluated internal policies and procedures, identify control gaps and recommend improvements -Conducted several meetings with clients to explain audit findings and collaborate with auditee to arrive at the most appropriate solutions and recommendations -Prepared audit reports for executive management, Audit Committee and Board of Directors, which summarizes audit findings. -Tracked audit recommendations to ensure implementation is achieved against targets in follow up reviews Show less
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Sharjah Asset Management Holding LLC
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United Arab Emirates
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Investment Management
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100 - 200 Employee
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Corporate Internal Auditor
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Oct 2016 - Sep 2019
KEY HIGHLIGHTS -Managed Internal Audit assignments with hands-on approach, performing risk based financial, operational and integrated audits of SAM Holding, its Business Units, subsidiaries and Joint Ventures. -Identified audit universe of auditable activities in SAM Holdings, its business units, subsidiaries and joint ventures such as but not limited to; Investments portfolios (quoted/unquoted), Real Estate Development, Leasing, Retail, Facilities Management, Automotive services, Public Transport and other concession agreements. -Interviewed key personnel and performed walk-through tests of processes to confirm our understanding. -Performed and controlled the full audit cycle including risk and control assessment over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations such as; IFRS, Group Policies & Procedures and applicable Laws & Regulations -Substantiated the balances and testing control of test basis and documented the findings in a --Draft Audit Report, attended audit close-out meeting and finalized Audit Reports with the auditee with agreed implementation plans for corrective actions -Obtained evidence to support the implementation and compliance with policies and procedures -Identified process weakness and recommended risk aversion measures and cost savings. -Evaluated the adequacy of Anti- Fraud Controls and conducting ad-hoc investigations and provided reports to ED/COO/CEO -Performed Data Analytics and performed Consultancy & Advisory Services on process improvements -Conducted follow up audits, as per the annual audit plan, to monitor implementation of corrective actions Show less
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Majid Al Futtaim
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United Arab Emirates
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Retail
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700 & Above Employee
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Senior Internal Auditor
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Aug 2014 - Oct 2016
KEY HIGHLIGHTS -Initiated the analysis of key financial and operational ratios relevant to performance and identified areas requiring management attention -Conducted Internal Audit Assignments, control self-assessment (CSA) reviews and follow-ups across multicultural environment of 15+ countries including UAE, Iran, Oman, Qatar, Bahrain, Jordan, Egypt, Lebanon, Pakistan and Georgia -Assisted store management in the preparation of financial reports and presentations for monthly Head office reporting. -Minimized internal control weaknesses and risk exposure by recommending controls & business process remediation plans -Improved internal audit activities through review of programs and detecting deficient controls, duplicated efforts and non-compliance issues -Performed forensic investigation, risk assessment and internal controls evaluations, always collaborating with management involved in the findings -Identified potential risks and prepare detailed reports; performing control testing and evaluating risks -Generated reports including observations, potential impact, risk rating and recommendations; ensuring appropriate documentation using internal audit software (Team Mate), reporting to internal audit manager & HOD Show less
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KPMG
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Canada
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Accounting
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700 & Above Employee
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Senior Auditor
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Nov 2010 - Jul 2014
KEY HIGHLIGHTS -Responsible for planning of audit engagements by meeting with clients to understand their expectations and designing audit strategies after assessing the audit risk associated with the client -Reviewed and documented business processes, identification of process level accounting risks and related controls in a timely and accurate manner -Evaluated system of internal control and risk management procedures identifying weaknesses therein and communicated those weaknesses with recommendations to those charged with governance -Performed substantive testing in accordance with KPMG Audit methodology and validation of key controls. -Assisted clients in preparation of financial statements in accordance with the financial reporting framework including compliance with International Financial Reporting Standards (IFRS) -Completed the analysis of financial statements, comparison of current financial performance with budgets and prior years and investigation and explanation of variances. -Prepared a of board presentation by collecting and compiling information and data and present the consolidated information in customized format -Monitoring and reporting on matters pertaining to compliance of company’s agreements with third parties and regulatory authorities. -Always ensured concise and well-timed preparation of all deliverables Internal Controls Review, Assurance Reports, Management Letters, letters to the Audit Committees and Board of Directors -Initiated the preparation of audit files using KPMG audit software e-Audit Show less
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Parag Parekh & Co Chartered Accountants
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Dubai, United Arab Emirates
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Audit Officer
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Mar 2009 - Nov 2010
KEY HIGHLIGHTS -Displayed a thorough understanding of the client’s business processes, risk analysis and evaluation of controls embedded within the business processes to conduct statutory audits in accordance with various pronouncement of the accounting framework and International standards of auditing -Provided basic advisory services to clients in respect to accounting treatment of complex transactions -Ensured compliance with internal policies and procedures and laws and regulations -Developed several recommendations for areas of improvement, write reports documenting findings, and follow up on recommendations to ensure suggestions are implemented; -Completed internal audit reports with consequences and recommendations for dissemination to management and ensured appropriate follow up outstanding items and recommendations Show less
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Education
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2007 - 2010
ACCA
Chartered Certified Accountant, Accounting and Related Services -
2007 - 2010
Oxford Brookes University
Bsc (Hons), Applied Accounting
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