Asad Ansari, Audit Senior

Asad Ansari

Audit Senior

Munaf Yusuf and Co. Chartered Accountants

Location
Pakistan - Karachi
Education
Bachelor's degree, Accounting
Experience
11 years, 3 months

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Work Experience

Total years of experience :11 years, 3 months

Audit Senior at Munaf Yusuf and Co. Chartered Accountants
  • Pakistan - Karachi
  • My current job since August 2014

August 04, 2014 - Present
Audit Senior
Munaf Yousuf & Co.
Charterred Accountants

Experience in auditing and reviewing financial statements of valued clients that include textile industry and financial sector.

Reporting To: Audit Manager
Major Job Responsibilities:

• To carryout audit properly and documenting all the information gathered during the course of audit, related to the areas designated to me.
• Checking that accounts are prepared as per the applicable accounting standards and regulatory requirements
• Preparing working papers to support findings.
• To identify and communicate the issues found to audit manager on timely basis.
• Worked as an active team member of internal audit team.
• Performed numerous asset tagging and stock count assignments.

Clients Include:

Name of Client Industry / Sector Nature of Assignment
NFK Exports pvt Ltd Textile Internal Audit
Ismail Industries Limited Manufacturing WPPF Audit
Adamjee Enterprises Textile External Audit
Hayat Industries pvt Ltd. Textile External Audit
Ismail Iqbal Securities pvt Ltd Financial External Audit
Casual Mode pvt Ltd Textile External Audit

ACCA Trainee at K-electric
  • Pakistan - Karachi
  • August 2011 to March 2013

Treasury Department (1st May 2012- 30th Mar 2013)

Reporting To: Manager Treasury
Major Job Responsibilities:

 Cash Management: Monitoring of cash being deposited in banks and their respective branches of over 1800 collecting electricity bills and to ensure; timely transfer of funds in company’s main collection accounts, reduce cash in-transit, communication with banks for timely release of funds. Reconciliation is made against cash collected and cash transferred in company’s main collection accounts.

 Consumer Hypothecation Mechanisms: To monitor timely transfer of collections on account of electricity bill payments made by hypothecated consumers to different lending banks through special collection mechanism. Resolve different issues arises from time to time including any shortfall against required amount to be transferred under the mechanism and to conduct meetings with all stakeholders for smooth running of the special mechanism under the agreement.


Distribution Finance Department 19th AUG 2011-30TH APR 2012)

Reporting To: Deputy General Manager (DGM) Distribution Finance
Major Job Responsibilities:

 Prepare daily cash update of 07 V/IBCs in Region-01.
 Prepare daily comparisons and highlight the performance laggings of billing and recovery depts.
 Audit the excess billing /allowance able cases and approve if found satisfactory according to SOP on ORACLE based Billing management system software.
 Prepare miscellaneous financial analysis as needed.
 Prepare monthly budgets of sales and cash to be recovered.
 Prepare daily and monthly financial analysis reports to higher management.
 Completed internal audit and found numerous discrepancies in one VIBC at Region-1.

Education

Bachelor's degree, Accounting
  • at Oxford Brookes University
  • September 2014

Bsc. (Hons) in Applied Accounting

High school or equivalent, Computer Science
  • at Beaconhouse School System
  • June 2008

Completed my basic education from Beaconhouse School System (Pakistan's leading school system) under GCE (UK) examination system.

Specialties & Skills

Team Management
Internal Audit
External Audit
Financial Reporting
MS Powerpoint
Analytical Skills
Ratio Analysis
Ms Excel
Ms Word
Auditing
Interpersonal Skills
Accounting
Communication Skills

Languages

Urdu
Expert
English
Expert

Training and Certifications

ACCA (Certificate)
Date Attended:
August 2015
Valid Until:
January 9999

Hobbies

  • Teaching
    My students secured A grades in Accounting subject
  • Fitness Training
    Lost 10kgs in the first 3months.
  • Cricket
    Became key member of k-electric's cricket team.