A result oriented risk advisory professional, with extensive experience of internal audit, statutory audit, business process improvement, risk assessment and internal control, financial reporting and analysis, budgeting across diversified industries that includes large multinationals, public listed companies and other mid-sized public and private undertakings. Managed and worked with teams of professionals in different working environments to excel and grow professionally while contributing towards the organizational objectives.
Expertise: Internal audit & External audit| Risk Assessment & Internal Control | Business Process Improvement| Financial Reporting & Analysis| Financial Systems & ERP| Advanced MS Excel.
Risk Management, Internal Control & Governance
Internal Audits, Financial Audits, Audit management and Audit Report Writing
Financial Reporting (IFRS, IAS, Laws & taxation)
Agreed upon procedure assignments
Financial Analysis and Presentations
Planning, budgeting and forecasting
Project costing reviews
Strong analytical and critical thinking
IT general skills
Successful team player with strong ethics and an effective mentor leading 4 to 6 people.
As a Manager Risk & Assurance Services, my role and responsibilities includes:
Overall planning of audits, conducting initial planning meetings, developing audit strategy and Plans
Carry out audits as per plans dealing with complex accounting and auditing issues.
Assessing internal controls and recommend best practices to overcome control deficiencies.
Supervise teams and review work performed by the teams.
Prepare and present Audit Reports
Major Assignments at Grant Thornton:
Punjab Land Development Company – Statutory audit
Gujranwala Waste Management Company - Statutory audit
TUV Austria Bureau of Inspection and Certification (Private) Limited – Statutory Audit
DHA – Internal Audit
Internal audits - Avanceon Limited,
PACRA- lnternal Audit
United Industries Limited – Pre audit
BBO – Internal Control evaluation
Popular Chemical Works – Compilation Engagement
PEPSI – agreed upon assignment in connection with monthly stock verification
As Assistant Manager Risk Advisory, I was engaged in following areas/ projects:
Planning, execution and completion of internal audit as per Approved Audit Plan of well reputed 450 MW Power Plant, Rousch (Pakistan) Power Limited- Energy Company of Descon Group.
Planning, execution and completion of Fact Finding Review relating to Clearance Sales of a well-known Company dealing in Tiles and Ceramics.
Supervising Pre-Audit Team of 5 persons at Four Brothers Group.
Supervising due diligence assignment in connection with acquisition of private limited company
Give presentations to Board of Directors/ Audit Committee and Management on various matters including audit reports, internal control, risk assessment and policy matters.
Reporting to Head – Internal Audit, I am currently involved financial and operational audits of entire operations of the company engaged in large scale industrial EPC solar solutions to industrial clients and government across Pakistan.
Key responsibilities include the following:
-Planning, performing, reporting and follow up on audits across the company as per Company Audit Plan, ensuring efficiency and effectiveness of internal control system and process improvement.
-Providing technical support to management on internal control, risk assessment and policy matters.
-Preparation of presentations for Audit Committee on various matters including performance updates, audit reports, audit plans.
-Review of the preparation of financial statements ensuring that they comply with reporting standards and contain sufficient and appropriate disclosures.
-Issuing planning and instructions to audit team and ensuring timely and satisfactory completion of audits.
-Review of quarterly management accounts against budget before presentation to audit committee.
-Annual review and updating accounting and auditing policies as well as procedural manual.
-Liaison with external auditors, and special consultants for smooth functioning of the tasks.
Reporting to Head – Internal Audit, I was involved in internal auditing of plant operations of the company engaged making Lawrencepur – a man wear suiting brand that is widely recognized.
Major responsibilities include:
Perform annual risk assessment at factory level to identify risky areas and to finalize auditable units
Preparation of annual audit plan in consultation with head of internal audit and prepare related presentation for audit committee.
Performed operational audits of across the factory and submit audit reports.
Ensuring that all material processes have been developed, documented and updated to reflect the changes in the operations.
Providing technical support to management on internal control, risk assessment and policy matters.
Performing production and planning audits across the factory as per Annual Audit Plan, evaluating internal control over production records, production planning, plant capacity utilization, wastages norms vs actual, delays etc.
Performed audit of services department i.e. maintenance, boiler house, electronics, qualify control, admin and accounts etc. to ensure process improvement and efficiency and effectiveness.
Review of salaries and wages to all workers ensuring compliance with CBA agreements, and other company policies and procedures.
Reviewed financial working for final legal dues of workers under Voluntary Separation Scheme.
Security and safety update for BAC after suspension of plant operations.
In consultation with management and HOD redrafted Standard Operation Procedures for disposal of assets through sealed bids
Acted as member of “Assets Disposal Oversight Committee” being designated as Independent Observer. Also performed as a member of “Bid Opening Committee”.
Monitor all process from signing off MOU with workers, final settlement to colony quarter eviction.
- Lead client audit engagements, which include planning executing, directing, and completing financial audits.
- Begin to develop generally accepted accounting principles and SEC accounting and reporting rules, where applicable, and financial statement presentation.
- Obtain a thorough understanding of PCAOB and generally accepted auditing standards and common audit procedures and techniques.
- Supervise, train and mentor associates and interns on audit process.
- Research and analyze financial statement and audit related issues.
- Acquire a working knowledge of the client’s business.
- Proactively interact with key client’s management together information, resolve problems, and make recommendations for business and process improvements.
- Perform other job related duties necessary
MAJOR AUDIT CLIENTS:
BANKING AND OTHER FINANCIAL INSTITUTIONS
• Habib Metropolitan Bank Limited
• Meezan Bank Limited
• Oman International Bank
• Invest Capital Investment Bank Limited
• MCB Bank Limited
• Pakistan Takaful Limited
• First Punjab Modaraba
MANUFACTURING & TRADING
• Roche Pakistan Limited
• Colorital (Private) Limited
• Dawood Hercules Chemical Limited
• Zaver Chemical Limited
HOTEL, CLUB & SERVICES
• Arabian Sea Country Club Limited
• Pearl Continental Hotel Gawadar
• General Sales and Services (Private) Limited
• E-Services (Private) Limited