Usman Hassan FCCA Ι MSc Finance
Finance Manager at BESTrustees- Claim this Profile
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Bio
Credentials
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FCCA
ACCAOct, 2022- Nov, 2024
Experience
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BESTrustees Limited
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Financial Services
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1 - 100 Employee
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Finance Manager
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Sep 2022 - Present
• Responsible for quarterly invoicing and billing • Commissions and payroll calculation for the trustee executives • Responsible for payable, receivable and bank reconciliation function of company • Reviewing, going through, suggesting and approving the statutory accounts for the company • Preparation of management accounts (includes detailed Profit and loss account, Balance sheet, expenses and revenue break down, cash flow, debtors’ reports, quarterly journal report, and management commentary on the variances) on quarterly basis for approval and identification of variances • Budget and cash flow preparation and forecasting including re-forecasting on biannual basis • Working capital and cash flow management • Maintaining the depreciation schedule, fixed assets register, accruals etc. • Coordinating and providing data to the auditors to get the final yearly audit completed Show less
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P. T. R. Thornton & Co.
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United Kingdom
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Accounting
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1 - 100 Employee
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Finance Manager
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Apr 2022 - Sep 2022
• Responsible for preparation and deliverance of statutory and management accounts, quarterly, semi-annually and annually, to assist in decision making and forecasting, as per the guidance given by UK GAAP .i.e. FRS 100, 101, 102 and 105 etc • Preparation of consolidated management accounts of 9 UK and 5 UAE Companies for group planning and budgeting purposes • Management of cashflows with the help of working capital management including supplier and bank reconciliation and cash forecasting on quarterly basis • Oversaw and facilitated the transition from Aqilla to Xero software by posting and reconciling the year end Trial Balances (TB) adjustments, to be imported into new system, while ensuring that back up of data is maintained at secure place to fulfil the legal requirements. • Producing year end journal and adjustment report (intercompany reconciliation) for all the intercompany transactions for group account purposes • Responsible for audit of UAE entities for purpose of government license renewals and making sure that appropriate level of reserves to ensure company existence (Article 301 of Federal Law No. (2) of 2015 AD On Commercial Companies) • Responsible for preparation of fixed asset schedule and calculating and recording the revaluations gains or losses • Helping prepare and submit VAT (Input, Output) and Corporation tax (The Corporation Tax Act 2010) within the finance team • Responsible for the entire sale and purchase function, while ensuring that VAT has correctly been treated with clients from inside and outside the United Kingdom • Preparation and submission (to Companies house and HMRC) of individual company’s accounts, for clients, and corporation tax (CT600) in IRIS software • Preparation & Submission of ATED (Annual Tax on Enveloped Dwellings) and SA700 (income Tax for Non-Resident company) returns to HMRC Show less
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Ameera Group
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United Kingdom
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Business Consulting and Services
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1 - 100 Employee
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Finance Manager
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Sep 2021 - Sep 2022
• Completed fortnightly & Monthly payroll for company employees, including calculating taxes, holiday, and sick leave. • Balanced reports to submit for approval and verification. • Applied mathematical abilities on daily basis to calculate and check figures in all areas of accounting systems. • Reconciled all expenses and accounts, including company credit cards and expense accounts. • Maintained accuracy when reviewing and reconciling general ledger. • Communicated with vendors and clients to facilitate timely payments and reduce outstanding accounts receivable. • Reviewed general ledger entries and assessed accuracy. • Monitored outstanding invoices and performed collections duties. • Created improved filing system to maintain secure client data. • Executed billing tasks and recorded information in company databases. • Developed rapport with clients and vendors to cultivate loyalty and satisfaction. • Collected data to complete detailed financial reports for stakeholders and management. Show less
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MDVision Pakistan
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Pakistan
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IT Services and IT Consulting
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1 - 100 Employee
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Financial Analyst (Regent Medical Properties)
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Apr 2017 - Jan 2020
• It is Company based in Lahore and working as offshore arrangement of USA based Group “Sovereign Health System” in Pakistan. • Mainly responsible for Annual and Bi-annual Financial reporting to Group Management and Banks in USA , Namely wells Fargo and VNB. • Preparation of Variance reports of all group properties on monthly, quarterly and Annual basis. • Working on Loans, Mortgages with coordination of Banks. • Calculating and assisting subordinates on JEs regarding intercompany and Intra-company funds movements and their cash flow implementations. • Have been part of preparation of F/Ss' of new property (Including all calculations to capitalize and expense out expenses). • Have calculated and coordinated with Taxation authorities of USA (New Jersey). • Supervision of Payable and Receivables staff and helping them reconcile differences. • Supervision of bank reconciliations and subsequent adjustments in ledgers. • Implement process improvements to increase productivity and accuracy. • Provides accounting entries and reconciliations to accounting manager (Based in USA). • Preparation and provision of Adhoc Reports i.e. Cam True ups, Rent roll Reports. • Maintaining and reviewing escrows, insurances and implications. • Analyzed financial information related to payroll, capital projects, operating expenses, professional service contracts and office supplies and equipment to examine budget needs. • Reviewed financial reports and streamlined operations to increase productivity and company profits by almost 5% • Collected data and developed detailed spreadsheets to identify trends and create revenue, profitability and expense forecasts of 21 medical properties • Reviewed statistical information to determine financial trends for use in investment planning. • Managed team of more than 5 people working to under immense pressure to meet deadlines Show less
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Intercan Pvt Ltd
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Pakistan
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Business Supplies & Equipment
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1 - 100 Employee
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Senior Accountant
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Dec 2013 - Apr 2017
• Completed fortnightly & Monthly payroll for company employees, including calculating taxes, holiday and sick leave. • Balanced reports to submit for approval and verification. • Applied mathematical abilities on daily basis to calculate and check figures in all areas of accounting systems. • Reconciled all expenses and accounts, including company credit cards and expense accounts. • Maintained accuracy when reviewing and reconciling general ledger. • Communicated with vendors and clients to facilitate timely payments and reduce outstanding accounts receivable. • Reviewed general ledger entries and assessed accuracy. • Monitored outstanding invoices and performed collections duties. • Created improved filing system to maintain secure client data. • Executed billing tasks and recorded information in company databases. • Developed rapport with clients and vendors to cultivate loyalty and satisfaction. • Collected data to complete detailed financial reports for stakeholders and management Show less
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Education
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2010 - 2013
ACCA
ACCA, Accounting and Finance -
2020 - 2022
University of Northampton
Master of Science - MS, Accounting & Finance -
2008 - 2010
ACCA
CAT (Certified Accounting Technician), Accounting and Finance -
2012 - 2014
University of the Punjab, Lahore
Master's degree, Business/Commerce, General
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