Khurshid Narmatov, Internal Controls Senior Specialist

Khurshid Narmatov

Internal Controls Senior Specialist

HGSS

Location
Poland
Education
Master's degree, MBA
Experience
12 years, 4 Months

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Work Experience

Total years of experience :12 years, 4 Months

Internal Controls Senior Specialist at HGSS
  • Poland
  • My current job since February 2017

- Involved in implementing efficient and effective controls in the Shared Services Center.
- Leading monitoring of business process risk assessments in purchase to pay stream, evaluating risk from findings and addressing potential impacts on overall control environment;
- Keeping close stakeholder relationship via periodic meetings with process owners to align on application of changes to process related controls and assessing control gaps;
- Supporting process owners and Team Leaders through training, reviewing, and providing guidance for their processes.

Auditor at Pricewaterhousecoopers Qatar
  • Qatar - Doha
  • October 2014 to February 2017

- My main area of specialization is consumer & industrial product companies: retail (Landmark Group), construction materials (Peri Qatar, Sodamco Qatar), construction (J&P, Cybarco Qatar), non-profit (TFQ), IT (Navlink Qatar), logistics (Maersk/Damco Qatar), media (Universal Media/Fortune Promoseven).
- In my current role I have advanced my technical skills through independent research of the Firm Audit Guide as well as ISA, improving skills to find deficiencies in internal controls. Drafted reports on internal control deficiencies identified on every project.
- During second year I have become main driving force at smaller projects: acted in the capacity of an audit senior and reported directly to the manager in the absence of the engagement senior. Increasingly got involved in group audit reporting projects as in-charge associate. Reviewed financial reports for the compliance with IFRS/IAS standards.
- Supervised team of up to 3 people, providing on-the-job training and guidance to junior associates including stock taking, vouching, and documenting of work performed. Performed initial review of work of junior associates to ensure the work is in accordance with firm standards.
- During slow periods included desktop and Referred Reporting Audit Engagements to my portfolio (Sime Darby Engineering, Ghafari Associates, Insure Direct, DB International, Foster+Partners) which improved my utilization by ~5%.
- Made and maintained strong connections with client management by acting as a primary contact for any emerging issue or additional services requested, such as accounting and reconciliation of accounts.

Audit Associate at Deloitte & Touche
  • Uzbekistan
  • October 2012 to September 2014

- Understanding of client’s industry, performing walkthroughs, and testing accounts balances at the assertion level.
- Performed audit fieldwork and documented the process in working papers as per the firm guidelines.
- Was a key assistant in audits of major commercial banks (Asaka bank, Halq bank, InFinbank, Universalbank) and assistant in oil&gas projects (Uz-Kor Gas JV, Neftisa).
- Skills obtained: gaining understanding of client's business, testing of internal controls, examining accounting records, inquiring management and staff, applying substantial analytic procedures and professional judgment.
- Performed substantive analytics procedures and vouching of sections including revenue, cost, commission and interest expenses, operating expenses, accruals, fixed assets, trade receivable and payables, and payroll expenses.

Accountant at Tax Leaders Inc
  • United States
  • August 2011 to May 2012

- Keeping and updating daily accounting records of more than 20 local small and medium business entities, preparation of monthly management reports.
- Accounted for daily deposits and checks, general ledger entries, processing and analysis on QuickBooks, month-end bank reconciliations.
- Processed payroll and payroll reports for business clients with more than 20 employees.
- Secured data back-ups and recovering data for synchronization purpose and managerial use.
- Decreased data processing time leading to additional volume from new customers and ~15% increase in profits.
- Assisted in preparation of filing federal tax returns for individuals and sole proprietors.
- Hands-on bookkeeping experience enabled me to easily detect inconsistencies in journal entries as an auditor.

Education

Master's degree, MBA
  • at Middle Tennessee State University
  • December 2010

Middle Tennessee State University Master of Business Administration, Dec. 2010 GPA: 3.4/4.0

Bachelor's degree, Accounting
  • at Finance Institute of Tashkent
  • June 2004

Finance Institute of Tashkent Bachelor's Degree, Jun. 2004 Major: Accounting GPA: 3.4/4.0

Bayt Tests

Accounting Skills Test (Assets and Revenue)
Score 70%

Specialties & Skills

Internal Audit
Internal Controls
Financial Reporting
ACCOUNTANT
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
ASSOCIATE
BANK RECONCILIATIONS
DATA ANALYSIS
Internal control

Languages

English
Expert
Russian
Expert

Memberships

Tennessee State Certified Public Accountants
  • Qualified member
  • July 2012

Training and Certifications

CPA (Certified Public Accountant) (Certificate)
Date Attended:
April 2014
Valid Until:
December 2016