Junaid Ahmed

Currently working as Mananger Accounts and Finance in Wateen Telecom Limited. Wateen Telecom Limted is the leading telecom service provider of Pakistan and wholly owned subsidiary of Dhabi Group. Major responsibilities includes,

 Responsible for over all functioning and delivearbles of finance department and reporting directly to CFO, CEO and representatives of Board of Directors
 Preparation and finalization of monthly, quarterly, six monthly and yearly separate and consolidated financial statements in compliance with IFRS
 Preparation of Board packs for BOD meetings
 Preparation of annual report and all related contents (Director’s Reports etc)
 Preparation of halfyearly and quarterly reports to be circulated to shareholders
 Overall responsibility of General Ledger (GL), Accounts payables (AP), Fixed Assets (FA) and Inventory
 Resposibility of yearly and halfyearly audit
 Monthly financial statement analysis
 Making feasibilities and analyzing different business options
 Continous monitoring of entire finance operations for compliance with IFRS and other related laws and regulations.
 Handling income and sales tax matters in conjunction with tax department of the company
 Handling corporate issues with SECP and KSE in conjunction with legal department of the comapny

Mannan Shahid Forging Limited wholly owned subsidiary of Abraaj Capital is the largest manufacturer of forged automobile parts in Pakistan.Major responsibilities were over all function of finance department and specifically included:
 Reporting directly to CFO, CEO and Board of directors
 Preparing business related financial and non financial analysis for BOD
 Preparing the monthly, half yearly and annual financial statements in compliance with IFRS
 Preparing detailed variance analysis of all revenues, costs, and other non-financial key performance indicators.
 Preparing yearly master budget
 Product costing (Prepared and Implemented Standard Absoption Costing System)
 Making feasibilities and analyzing different business options
 Dealing with Auditors, FBR, Banks, SECP and other government companies and departments

During the period of 3.5years with the firm, I was involved in various assignments in Assurance and Advisory Services. The various sectors I workedin ranged from manufacturing industry to service industry including stock exchange brokers.The assignments includefull scope audits, internal audits, GAP analysis /internal controls and business processes evaluations, development of costing and management reporting system, internal controls over financial reporting (ICFR), limited reviews, agreed upon procedure and special assignments.
Skills gained during my involvement with firm include:
 Team Management  Presentation skills
 Project Management  Financial control and accounting
 Leadership and supervision  Product costing techniques
 Quality Assurance  Record and file maintenance
The ensuing parasdescribe the major tasks I performed during my work experience, in individual capacity as well as team leader, with JHI, Fazal Mahmood and Company, Chartered Accountants:
INTERNAL AUDITS& GAP ANALYSIS
Extensive experience of more than 2 years in performance of Internal Auditsand Gap Analysis at various organizations in different economic sectors - in accordance with firm’s various methodologies. This includes understanding the business, planning risk assessments, documenting existing systems and procedures, performing control risk assessments and identification of key risks and control weaknesses, development and implementation of Improve/Monitor Plans.
MANAGEMENT REPORTING & DEVELOPMENT OF COSTING SYSTEM
As Job In charge, developed and implemented management reporting system and absorption costing system at

 Ayesha Textile Group-Renowned textile group
 EPCOT Shoes-Leading shoe manufacturer
 Paklite electrical Industries-Electrical equipment manufacturer
ANNUAL EXTERNAL AUDIT ASSIGNMENTS
At various external audit assignments following activities are performed
 Initial planning of the job and identifying risk areas during the process;
 Assessment of control risk and designing the tests of controls for specific areas in consultation with the engagement manager;
 Designing the substantive procedures in consultation with the engagement manager;
 Performing the test of control and substantive procedures highlighting the issues/ matters;
 Discussions with the clients regarding the various accounting or other issues/ matters identified during the assignment;
 Reviewing the work done by the team members and getting it reviewed by the engagement manager and partner;
 Extensive application of the International Financial Reporting Standards (IFRS) and preparation of financial statements in compliance therewith.