Pacific Investments
Pacific Investments
Total des années d'expérience :13 years, 1 Mois
Sharjah Asset Management Holding is a government-owned investment company responsible for all investment activities of the Government of Sharjah. It is an integral arm in the realisation of the “Sharjah 2020 Vision”.
The Sharjah 2020 Vision addresses the long-term strategy for Sharjah’s ongoing development, setting goals and objectives with far reaching impact in order to enhance Sharjah’s domestic, federal and international economic development.
Duties & responsibilities:
• Supervise financial and accounting processes and ensure adherence to company/federal laws.
• Prepare and distribute budget reports and financial statements to management in a timely fashion.
• Manage account payables and receivable activities in a timely manner.
• Perform account reconciliation activities on periodic basis.
• Update general ledger on a regular basis and ensure its accuracy and completeness.
• Assist in goals setting and performance improvements for finance staff.
• Register all finance transactions accurately for future references.
• Perform necessary variance and other accounting analysis to identify and resolve any discrepancies or gaps.
• Participate in overall annual budgetary process.
• Perform cost analysis and recommend process improvements for cost-effectiveness.
• Manage financial reporting and management tasks.
• Address financial issues and inquiries from internal and external customers.
• Perform financial audit and prepare audit reports with recommendations to Finance manager.
Ayadi is a subsidiary of Exeed Building Materials Industries which is part of National holding group, a leading Abu Dhabi based group focused on building materials and construction related industries with operations spreading across the UAE and wider MENA region.
National Holding's roots go back to the early 90's with the aim of contributing to the UAE's prosperity through investing in key growth sectors.
Responsibilities
•Consolidate and analyze financial data (budgets, income statement forecasts etc) taking into account company’s goals and financial standing
•Provide creative alternatives and recommendations to reduce costs and improve financial performance
•Assemble and summarize data to structure sophisticated reports on financial status and risks
•Develop financial models, conduct benchmarking and process analysis
•Conduct business studies on past, future and comparative performance and develop forecast models
•Identify trends, advise company and recommend actions to a senior financial analyst based on sound analysis
•Track and determine financial status by analyzing actual results in comparison with forecasts
•Reconcile transactions by comparing and correcting data
•Gain and update job knowledge to remain informed about novelty in the field
•Drive process improvement and policy development initiatives that impact the function
Al-Ain Co-Operative Society is operating in FMCG retail industry since 1982 through its 24 outlets in Al-Ain with an annual turnover of 400+ million AED.
My key responsibilities include:
• Attending meetings with auditees to develop an understanding of business processes;
• Travelling to different branches to meet relevant staff and obtain documents and information;
• Researching and assessing how well risk management processes are working and recording the results using software such as Microsoft Word and Excel;
• Providing ad hoc advice and guidance to managers and staff at all levels, sometimes by delivering courses and training sessions;
• Performing risk assessments on key business activities and using this information to guide what to cover in audits;
• Anticipating emerging issues through research and interviews and deciding how best to deal with them;
• Providing support and guidance to management on how to handle new opportunities;
• Agreeing recommendations with relevant staff members to make improvements to operations
Currently associated with KPMG Afghanistan Ltd. - a member firm of KPMG International as an ‘Audit Consultant’, which has enabled me to develop a c comprehensive understanding of competitive and regulatory environments of diversified industries. My key responsibilities entail:
• Planning and execution of statutory audits;
• Review of financial statements in accordance with International Financial Reporting Standards (IFRS) and local regulations; and
• Assessing risks and internal controls by identifying areas of non-compliance and weaknesses.
During my association with Ernst and Young Global, I have been involved in various external audits, tax audits and internal audit assignments including system reviews. I possess public accounting experience of a bit above 3.5 years. I am well versed with the risk based approach to audit along with sound knowledge of International Financial Reporting Standards (IFRS). Throughout my career at Ernst & Young Global, I have had diversified exposure leading to an increased understanding of various businesses and practices.
Typical roles which I was required to perform while leading the audit engagements included following tasks:
Audit delivery
• Understanding the processes underlying basic business and accounting systems.
• Establishing risk assessment in such a way that the relevant risks and controls are timely identified and appropriately addressed.
• Leading discussions with audit clients and business leaders regarding audit observations and consulting with experts where necessary.
• Compiling audit observations and forwarding audit fieldwork summaries (with input from the audit team) to the head of audit.
• Managing audit team / tasks on a day to day basis, working to ensure that audit progresses as planned, as regards scope, budget and timetable.
• Building relationships with audit client personnel on each audit and develop ongoing relationships with key stakeholders in aligned business area.
Management & Leadership
• Providing constructive feedback and evaluation to team members for audit assignments, making suggestions for improvements thereon.
• Conducting formal performance assessment / development of audit staff.
• Trying to be a leader to fellow staff instead of “bossing them around”.
Knowledge management
• Improving technical knowledge through self-learning and / or training including mandatory CPE / CPD requirements.
• Knowledge sharing with colleagues and peers within the department as well as audit client personnel outside the department.
particularly corporate laws, tax laws laws and experience in International Financial Reporting Standards (IFRSs)
The Institute of Internal Auditors (IIA) is an internal audit and risk management guidance-setting body. Serving 185,000 members in nearly 190 countries, The IIA is the internal audit's largest professional organization with global headquarters in Altamonte Springs, Fla., United States. The CIA (Certified Internal Auditor) is the primary professional designation offered by The IIA. The CIA designation is a globally recognized certification for internal auditors and is a standard by which individuals may demonstrate their competency and professionalism in the internal audit field. Earning the CIA qualification is intended to demonstrate a professional knowledge of the internal audit profession. CIAs are required to take continuing education courses. Many CIAs today are senior internal audit managers, Vice Presidents, Directors and Chief Audit Executives in top global MNC companies driving internal audit functions in their respective companies.
Institute of Chartered Accountants of Pakistan (ICAP) is a professional accountancy body in Pakistan. The institute was established on July 1, 1961 to regulate the profession of accountancy in Pakistan. It is a statutory autonomous body established under the Chartered Accountants Ordinance 1961. With the significant growth in the profession, the CA Ordinance and Bye-Laws were revised in 1983. In view of globalization of the accountancy profession, the Institute is in the process of updating the Ordinance and Bye-Laws once again. The course of ICAP involves a blend of theoretical education and practical training which run concurrently for a period of 3.5 years and equips a student with knowledge, ability, skills and other qualities required of a professional accountant. The head office of the institute is in Clifton, Karachi where it has its own premises. The institute also has regional offices at Lahore, Islamabad, Peshawar, Multan and Faisalabad.