Mubarak Ummer

A seasoned Finance professional, holding a Master of Commerce and currently pursuing Certified Management Accountant (CMA) along with 9+ years of experience in Heading the Accounts Payable Department in Corporate level and 8+ Years of experience as Senior Accountant and financial activities of the organization with extreme precision and attention to detail. Possessing exceptional proficiency in developing and maintaining Accounts Payable Process, Monitoring intercompany transactions, Intercompany Reconciliation, Monitoring Bank transaction & Reconciliation, A/P Ageing analysis & Reconciliation, conducting Inventory Count and Inventory Ageing analysis, review of Prepayment & Accruals and meeting the Internal & External Audit requirements

Leading the Accounts Payable of the company as a centralized department.

• Budget Management
• Developing the Accounts Payable procedures, reviewing the strategies and systems of control.
• Setting KPIs for Team Members, Audit KPIs when necessary and make changes 
• Managing, coaching and mentoring Accounts Payable team.
• Developing good relationships with key suppliers to ensure best value for money.
• Communicate & Negotiate Developing good relationships with key suppliers to ensure best value for money.
• Negotiating with the Vendors on Payment Terms
• Process request for Letter of Credit / Letter of Guarantees with Bank based on negotiation with Supplier
• Manage account payable function, ensuring accuracy and timeliness.
• Research and resolve billing discrepancies between vendors and the company record
• Forecast periodical Accounts Payable for smooth Fund flow management
• Controlling the Supplier Payments thru Aging Analysis & supplier Reconciliation
• Complete a three-way match on all PO invoices and complete research of invoices with non-PO to insure coding is correct
• Monitoring & Approving related party DN/CRNs, Related Party Reconciliation
• Monitoring Bank Transactions & Bank Reconciliation
• Coordinating with Finance Controller in Accounts Finalization, Preparation of Schedules
• Review of the Monthly accruals & prepayment schedules
• General Ledger & Balance sheet Reconciliation 
• Conduct perpetual Inventory Count, half yearly & yearend inventory count
• Monitoring the Inventory Movements & Preparing Ageing Inventory Reports
• Periodically escalate the Non-moving Inventory Report to the Top Management for review of Provision / Write-off
• Approving all the Supplier Invoice booking & Inventory movement transactions thru in SAP
• Coordinate with Internal /External Auditors

Accounting System : - SAP B1

Master of Commerce from Madurai Kamaraj University