Muhammad Bilal Sarwar (Fcca Uk)
About Muhammad Bilal Sarwar (Fcca Uk)
Muhammad Bilal Sarwar is a Senior Finance Manager at Emerson in Dubai, UAE, with a background in finance, accounting, and auditing, and extensive experience in various finance roles.
Current Role as Senior Finance Manager
Muhammad Bilal Sarwar currently holds the title of Senior Finance Manager at Emerson in Dubai, United Arab Emirates. In this role, he has led significant initiatives, including the Middle East and Africa Legal Entity Rationalization. Sarwar collaborates with multiple departments to shape the region's legal entity structure, demonstrating expertise in both financial management and cross-departmental cooperation.
Previous Roles and Experience
Muhammad Bilal Sarwar previously worked as a Senior Executive Audit at Danube Building Materials FZCO from 2011 to 2013 in Dubai, UAE, and as an External Auditor at Grant Thornton AASR Pakistan from 2010 to 2011 in Pakistan. His diverse experience in auditing and finance has equipped him with a comprehensive understanding of both internal and external financial processes.
Educational Background and Certifications
Muhammad Bilal Sarwar has a rich educational background with multiple certifications. He achieved his Intermediate from Govt. Dehli College with a focus on Pre-Engineering from 2004 to 2006. He then completed his B.Com in Accounting, Cost Management, and Auditing at Karachi University from 2007 to 2009. Sarwar holds an ACCA certification, specializing in Financial and Corporate Reporting, Financial Management, and Advanced Audit and Assurance, from the Association of Chartered Certified Accountants - UK, completed between 2006 and 2010. Additionally, he achieved Chartered Accountant (CA) from ICAEW and UAECA from the Accountants and Auditors Association in 2017.
Key Projects and Contributions
During his tenure at Emerson, Muhammad Bilal Sarwar has played a pivotal role in the planning and organizing of Corporate and Statutory Audits, addressing complex issues such as revenue recognition accounting and lease calculation. He successfully implemented new accounting standards across MEA entities, focusing on transitioning from US GAAP to IFRS for IFRS 9, 15, and 16. He also conducted detailed Balance Sheet reviews and strengthened internal controls through consultancy and training services.
Achievements in Cost Management and Audit
Muhammad Bilal Sarwar has demonstrated significant achievements in cost management and audit, including a 4% reduction in statutory fees compared to the corporate budget in FY 23. He has achieved a success rate of 2 out of 3 clean internal audits in MEA for FY 23, showcasing his commitment to robust financial controls and compliance. His efforts in negotiating statutory fees and scope have generated cost savings exceeding the department's expenditures.