Mumbai, Maharashtra, India

About Mohammed Faisal Usmani

Mohammed Faisal Usmani works as Manager - Finance & Operation at FIRST FASHION ENTERPRISES and is based in Mumbai, India. Mohammed studied Bachelor of Commerce (Accounting and Management) at University of Mumbai (2000-2003). On Youth4work, Mohammed has taken skill tests in Cost Accounting (rank 43 of 8,455, top 1%). Mohammed also lists talents in Accounting, Decision Making, MIS and HR Human Resources.

Talents
    • Tax Accounting
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    • Accounting
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      among … users worldwide
    • Auditing
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    • Budgeting
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Professional Path
Manager - Finance & Operation
Jun-2017 To present 9 years 3 months
  • ?Setup Financial process, treasury management, implementation of Reporting structure and MIS ?Manage Accounting & Tax Compliance ?Material Sourcing, look after for the operational activity
Manager - Finance, Accounts & IT
May-2006 To Jan-2017 10 years 8 months
  • ?To Prepare Financial result for the company, by monthly ?Highlight the key inside of the Financials result and key area of improvement ?Prepare the Cost sheet for each product line and sub-product ?Ensure collection of trade receivables and tax refunds ?Cash Flow management and credit allowance ?Review Sales forecast, stock planning and prepare financial forecast for the next months ?Prepare Financial Budget for the year and support and explain the basis of assumption to board of directors ?Keep the accounting records, books as per Indian GAAP, and as per the Group Accounting Polices ?Review stock, stock planning, logistic cost and logistic planning ?Review the standard cost for the product and services ?Review and modify process flow and instruction as per the change in the method of operation and technology ?Review cash flow statement, cash flow forecast and Other MIS report ?Ensure timely legal and tax compliances (Direct and Indirect) ?Ensure timely Audit completion
  • ?Enforce accounting Policies, Inventory Control Procedure and Fixed Assets Policy ?Implemented integrated Inventory modules, and Autonomous MIS report/s Completed pending assessment, implemented Customer Credit Policies
Executive Accounts & Auditing
Apr-2001 To Apr-2006 5 years
  • ?Accounting Vouchers checking and verification ?Monitoring and verification of Import/Export documentation ?Monitoring and verification of Fixed Assets register (Books) and their physical existence (through Asset Audit Program) ?Assessment of internal control system on frequent basis ?Finalization of Accounts as per Local Tax Law and Indian GAAP ?Review of Accounts for the purpose of Statutory Audit, Tax Audit & Transfer Pricing ?Finalization of Audit Report, Tax Reports ?Verification of Tax returns, calculation and tax benefits ?Filling e-TDS returns, Sales & Service Tax Returns ?Attaining tax assessments (Direct/Indirect Tax) Drafting letters, legal documentations for assessment
  • ?Successfully completed (2) Income Tax (4) Sales Tax assessment and (2) service tax-assessment
Qualifications

University of Mumbai

Bachelor of Commerce Accounting and Management

2000-2003

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My Story
Over 16 years of experience in the field of Business Administration & Process; includes accounting (Financial & Cost), Finance, Taxation, Corporate Governance, payroll & departmental HR management, Product Pricing, and Credit & Internal Control System. Earned exceptional leadership with rich experience in spearheading and relationship building. Intelligent, articulate and driven to succeed. Result oriented approach and technically savvy.
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