UMER FAYAZ BAGHWAN
Dubai,UAE
Summary
Seasoned finance professional with 13+ years of experience across accounting, finance, and auditing, supporting organizational growth through strategic financial leadership, process improvements, and robust compliance frameworks. Brings over a decade of SAP expertise, driving efficient financial operations, accurate reporting, and effective audit coordination. Proven ability to manage end-to-end financial cycles with strong analytical insight and attention to detail.
Overview
14
14
years of professional experience
1
1
year of post-secondary education
Work history
Senior Accountant
Easa Saleh Al Gurg Group LLC
Dubai, UAE
07.2022 - 01.2026
- Planning and executing monthly book closures in accordance with Head Office guidelines, ensuring accuracy and timeliness of financial records.
- Preparing and reviewing MIS reports for management, including financial forecasts and variance analysis (Actual vs. Budget) to support strategic decision-making.
- Preparation of annual budgets by analyzing historical data and forecasting future financial needs; submitted to senior management for review and approval.
- Responsible for monitoring accounts payable activities, including invoice processing, payment reconciliation, vendor coordination, and documentation verification.
- Identified and resolved discrepancies to ensure accurate and timely payments.
- Reviewing and maintaining the accuracy of the accounts payable ageing report to support effective cash flow management and supplier relations.
- Preparation of outstanding receivable report along with provision and follow-up with the sales team.
- Prepare financial project forecasting, reporting & operational metrics tracking in coordination with planning dept.
- Controlling and monitoring of project budget (Materials & Labor) to ensure project is under budget to achieve profitability.
- Review of contract documents/LPOS and coordination with group legal and corporate finance for approvals.
- Responsible for the management of bank guarantee process/Legal management in SharePoint as per process & maintain required documentation.
- Reconcile the general operating staff account, payroll & enter the cash / payment journals.
- Maintain the detailed fixed asset register for analyzing and accurate bookkeeping and capitalization on timely basis to show the correct financial position of company as per company policy.
- Analyzing, verification and accounting of input and output VAT transactions as per the FTA guideline.
- Manage the audit schedule for auditors (external and internal) and ensure timely closure of audit.
- Prepare the cash flow forecasting and analysis of variances.
- Ensuring lease entries are passed on time and lease termination entries are done in AARO system.
- Review and update the report for aged inventory.
- All other finance and operational activities.
Accounts and Commercial Analyst
Al Mashrabia Furniture Industry - Easa Saleh Al Gurg Group LLC
Dubai, UAE
05.2018 - 06.2022
- Monitoring/Review and analysis of project costing and comparing with budget.
- Prepare and analyze the MIS reports with Finance manager.
- Review of contract documents and coordination with group legal and corporate finance for approvals.
- Analysis of monthly revenue (forecast and actual) and submit the report to management.
- To record relevant accounting entries of expenses in the books of accounts to facilitate preparation of financial data.
- Maintain the detailed fixed asset register for analyzing and accurate bookkeeping and capitalization on timely basis to show the correct financial position of company as per company policy.
- Reconciliation of payable accounts and processing the payments to vendors as per the terms agreed.
- Performing daily bank reconciliation of various bank accounts, ensuring all reconciled accounts are cleared on time.
- Review all delivery note of incoming material & ensure the receipt of invoice on time payment liability, including VAT verification of invoices (GRIR Review) is booked into SAP as per corporate/ HO regulations.
- Monitoring of related party payable and receivable and raising debit notes.
- All other production/operational activities including the follow-up with dispatch team to meet the target and deliveries.
Project Accountant
Al Mashrabia Furniture Industry - Easa Saleh Al Gurg Group LLC
Dubai, UAE
11.2014 - 04.2018
- Monitoring/Review and analysis of project costing and comparing with budget.
- Preparation of PMHB Documents for all the projects as per the policy.
- Analysis of monthly revenue (forecast and actual) and submit the report to management.
- To record relevant accounting entries of expenses in the books of accounts to facilitate preparation of financial data.
- Follow up on unbilled revenue and payment certificates along with QS/sales team and raising the tax invoice to customers.
- Reconciliation of man hours and machine hours reports to be maintained on monthly basis including ideal hours to record on SAP system.
- Reconciliation of payable accounts and processing the payments to vendors as per the terms agreed.
- All other production/operational activities including the follow-up with dispatch team to meet the target and deliveries.
Commercial & Accounts analyst
Dr. Bhat's Pvt. ltd Company
Srinagar, India
11.2011 - 10.2014
- Work with location management on the continued development and implementation of programs, policies, and procedures.
- Responsible for preparing MIS reports for management, forecast and analysis of variances.
- Plan, initiate and put into operation capital improvement programs within the plant.
- Prepare and plan the payment schedules as per the agreed payment terms to vendors.
- Analysis of monthly sales (forecast and actual) and submit the report to management.
- Prepare financial project forecasting, reporting & operational metrics.
- Analyze sales orders and other reports to improve performance.
Education
Bachelor's - commerce (B Com. Accounts and finance)
University of Kashmir
Srinagar, IndiaHSC - undefined
JK Board of School Education
PGDCA - tally
Info Park
Srinagar, IndiaMaster of Business Administration - finance
University of Kashmir
Kashmir 01.2015 - 12.2015
Skills
- Microsoft Office
- SAP FI/CO, MM, SD, HR, PP expertise
- SAP SuccessFactors
- Tally accounting software
- AARO financial management
- Project management certification
Accomplishments
- Best Performer of the month, 2013-12-01, Dr. Bhat's Pvt.Ltd Company
- Best Employee of the month, 2018-04-01, Al Mashrabia furniture industry member of Easa Saleh al Gurg group
- Best Employee of the year, 2024-12-31, Joinery Division @ Easa Saleh Al Gurg Group
- 10-year service award, 2024-12-31, Easa Saleh Al Gurg Group
Areas Of Excellence
- Accounts Payable / Receivable
- Project Budget Monitoring/ Variance analysis
- Accounts Reconciliation / VAT
- Financial Modelling / Cost Control
- Risk Analysis / Project Accounting
- Budgeting / Forecasting
- IFRS Compliance
Timeline
Senior Accountant
Easa Saleh Al Gurg Group LLC
07.2022 - 01.2026
Accounts and Commercial Analyst
Al Mashrabia Furniture Industry - Easa Saleh Al Gurg Group LLC
05.2018 - 06.2022
Master of Business Administration - finance
University of Kashmir
01.2015 - 12.2015
Project Accountant
Al Mashrabia Furniture Industry - Easa Saleh Al Gurg Group LLC
11.2014 - 04.2018
Commercial & Accounts analyst
Dr. Bhat's Pvt. ltd Company
11.2011 - 10.2014
HSC - undefined
JK Board of School Education
PGDCA - tally
Info Park
Bachelor's - commerce (B Com. Accounts and finance)
University of Kashmir