Audit Supervisor
Amin, Mudassar & Co. (Chartered Accountants)
مجموع سنوات الخبرة :4 years, 7 أشهر
• Responsible for providing audit services to a portfolio of diversified clients
• Perform supervision of audit seniors and associates
• Handle the tasks of preparing statutory financial statements in accordance with the auditing standards and procedures
• Responsible for monitoring and reviewing audit schedules on an annual basis
• Perform the tasks of scrutinizing audit results and highlighting points that need attention
• Handle responsibilities of analyzing internal control system of the organization
• Prepare reports and communicate findings and recommendations to the senior management
• Perform the tasks of reviewing automated audit work papers prepared by the audit staff
Auditing
Involved in the audit of companies operating in the field of Textiles, Engineering, Housing Projects, Hospitals, Travel Agencies, Brokerage Houses at stocks exchange, Pharmaceutical, I performed as job in-charge, senior, semi-senior, work included;
• Assessing and reporting on internal controls.
• Audit risk Assessment, Calculation of materiality level.
• Audit planning and time budgeting.
• Performing the audit tests.
• Performing and documentation of audit tests of various areas e.g. cash & bank, fixed assets, debtors, creditors, income & expenditure, post balance sheet events and going concern assessment.
• Referring evidential issues to management, demonstrating risk awareness by notifying frauds, maintaining effective levels of communication with management and clients of audit progress and issues.
Statutory & Management Accounts
Prepared a number of statutory and management accounts. The assignments included sole trader ships, partnerships and limited companies with a turnover ranging from 1 million to 100 million Pak rupees. The task included;
• Analysing bank and preparing bank reconciliation statements.
• Calculating accruals and prepayments.
• Preparing the trial balance and final accounts.
• Presenting the financial statements to the directors/practice manger and finalising them.
Management Accounts
Supervising the accounting system and managing day to day internal audit operations, role highlights included;
• Dealing with monthly management accounts and all financial reports.
• Supervision of quarterly stock evaluation in factory and regional stores.
• Involved in preparing monthly sales and consumption reports for internal audit purpose and ensure timely reporting to management.
• Creating a simple spreadsheet for cash flow management and key performance indicators.
• Dealing with the external auditor with regard to preparation of statutory accounts.
Cash flow management and Credit Control
Looked after the cash flow and the capital requirements of the business, the role entailed;
• Parties’ evaluation for the purpose to check the financial viability/payback capacity of the credit required.
• Report and finalize the product/parties evaluation with managers.
• Prepare the reconciliation of creditors.
• Setting up and implementing the credit control system.
• Inter-company accounts and reconciliations.
Finalist Successfully completed 12 out of 14 papers Financial accounting/reporting, advance audit and assurance
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