Umar Kohli

A proactive and results-driven Accounts, Audit & Assurance professional with over 3 years of combined experience in external and internal audit roles. Currently serving as Assistant Manager, Account & Finance at Rahim Departmental Store, I specialize in evaluating and strengthening financial and inventory control frameworks. My background includes extensive hands-on experience with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA), gained during my tenure at Kreston Hyder Bhimji & Co.

I possess a strong ability to identify risks, implement audit plans, and deliver actionable insights to enhance operational efficiency and compliance. With excellent communication skills and a meticulous attention to detail, I am adept at collaborating with cross-functional teams and senior management to achieve organizational objectives while driving continuous improvement in audit processes and internal controls.

Assistant Manager, Finance & Commercial Controller - Rahim Departmental Store - Lahore

(2025-11)

• Led Finance centralization at head office from multiple stores.
• Implementation of new ERP at all stores.
• Implemented automated Accounts Payable system, leading to cutting invoice processing time.
• Optimized inventory systematically and its accounting, reducing shrinkage 15% through cycle counts.
• Introduced advanced accounting techniques (RPA for reconciliations).
• Departmental Performance & Strategy: Conducted in-depth trend and variance analysis on departmental per-hour sales, identifying underperforming segments and recommending strategic reallocation of promotional focus, directly driving targeted revenue growth.
• Budgeting & Labor Optimization: Developed dynamic bottom-up budgets and workforce planning models by correlating per-hour sales revenue with invoice generation volumes, optimizing cashier scheduling to reduce payroll overhead while ensuring peak-hour service coverage.
• Improved working capital by negotiating vendor payment terms.
• Strengthened internal controls and internal audits.
• Redesigned the quarterly inventory count procedures, reducing process time by 15% while improving count accuracy.

Audit Associate - Audit & Assurance - Kreston Hyder Bhimji & Co - Lahore

(2023-11 - 2025-11)

• Managing the statutory audits of various services, manufacturing and trading concerns and financial institutions
• Mentoring and training of the team with appropriate delegation and resource planning
• Monitoring and evaluation of systems, and underlying records of financial statements assertions
• Obtaining an understanding of client's business and processes for managing business risks, and reporting their impact in financial statements
• Identifying financial statement risks, testing appropriate controls and performing relevant audit procedures
• Identifying and investigating audit differences and evaluating outcomes
• Conducting audit of financial statements, and review of various other assurance assignments, which include planning, organizing, controlling and reviewing the entire job through to its finalization, ensuring compliance of financial statements with International Financial Reporting Standards (IFRS) and performing the audit as per the International Standards on Auditing (ISAs)
• Development and execution of audit plans based on understanding of the entity and assessment of business and related audit risks and defining the extent of planned audit procedures
• Conducting on-going reviews of the work performed by the support staff to ensure compliance with the overall audit plan and the requirements of professional standards
• Performing analysis and review of audit working papers and financial statements

Bachelor's Degree - Financial Technology (FINTECH) - National College of Business Administration & Economics (NCBA&E) (2026)

Chartered Accountant (CA Finalist) - Institute of Chartered Accountants of Pakistan (2019)

A'Levels - Beaconhouse School System (2018 - 2019)

O'Levels - Al Hukamaa International School (2015 - 2017)