AM Shariah Auditor
Meezan Bank Limited
Total years of experience :16 years, 11 Months
• Assistance in conducting Shariah Audits of various branches and functions of the bank.
• Preparation of audit working papers for observations during the course of audit.
• Independently undertake pre audit review activities including review of accounts statements, internal audit reports, MMS, charity accounts of clients pertaining to the branch.
• Preparation of draft and final audit reports, detailed observation annexure and rectification sheets of respective branches.
• Assistance in preparation of Audit Committee report for Board of Directors regarding the main shariah audit observations, Direct and Indirect report for financings executed during the year.
• Follow ups of the Shariah audit findings and assist branch/ function in rectifying the problems / weaknesses identified during Shariah Audit/ review.
Generating daily revenue summary report through eCDS for top management.
Facilitating the external auditors in annual audit.
Executing monthly Share Registrar Billing.
Annual, semi-annual & quarterly working of related party transaction disclosure in accounts as per IAS 24.
Executing the Technology service group billing.
Responsible for applications of tax challans, which is required to be submitted annually to tax authorities.
Accountable for annual and semi annual disclosure of Operating income schedules to external auditors.
Maintaining daily bank position by generating Reciept vouchers and timely booking of fund transfers through JV.
Processing refund of security deposit after proper verification of signaturies and outstanding dues of the client.
Assist the interns and subordinates ensuring proper training and knowledge sharing is provided.
Working at the accounts receivable department as a Finance Officer and mostly concerned with billing to the account holders that consist of stock brokers, institutions and issuers. Also have the exposure of working at the Karachi stock exchange, where I was dealing with the collection of payments from institutions and stock brokers. Some of my key job responsibilities include:
Run data transfer procedure from Oracle Receipts form to Oracle Financials AR Module on daily basis.
Application of receipts with outstanding invoices & printing of receipt vouchers on daily basis.
Application of Tax Challans.
Follow up with customers for unapplied payments.
Generation of invoices for trusteeship fee.
CDC Share Registrar Billing.
Calculation & recording of liquidated damages (L.D) & fines.
Responsible to define/update reduced custody fee tariff in CDS on block/ unblock accounts.
Prepare bank reconciliations of all collection accounts.
Daily revenue summary of CDS to CEO & CFO.
Define security price of Co’s live/de list in CDS during the month.
Confirmation of o/s dues of CDSS elements to Mkt & Legal Dept.
Prepare deposit, billing & receipt certificate as per customers’ requirement.
Assist in security price download/upload & cross verification with Stock Exchange quotation.
Facilitate my supervisor in Annual & Semi Annual Audit.
CGPA 3.08 Major Finance. Also done BBA (Hon) with CGPA of 3.11. Major Finance. THESIS & PROJECTS Foreign Banks use of Repricing [Gap] Schedules to measure Interest Rate Risk (BBA-Hon) A comparison of Asian Stock Markets and the impact of Globalization. (MBA) PROJECTS: Valuation of shares of Masood Textile Mills using Dividend Valuation & Free Cash Valuation model. Analysis of Financial Statement of Mubarak textile Mills, including financial ratios. Internship: 6 week Internship at Sysmax Construction (Malaysian Construction Firm) in Fin Dept. 4 week internship at ABN Amro Bank (Remittance Dept) 6 week Internship at Central Depository Company of Pakistan.