Internal/ Resident Auditor (CAE)
Punjab Safe Cities Authority
مجموع سنوات الخبرة :20 years, 11 أشهر
• Leading and managing Internal Audit function of the Authority.
• Developing and periodically reviewing with management and the Authority's Committees the Internal Audit mission, charter and adapting it, as necessary, to encompass, changes to the Authority’s services, organization and objectives.
• Carrying out the role of secretary of Authority's Steering Committee/s.
• Developing flexible annual internal audit plan, using appropriate risk-based methodology- including risk and internal concerns identified by management or internal audit
• Leading and managing Internal Audit function of the Project/s;
• Developing and periodically reviewing with management and the Project Steeringt Committee (PSC) the Internal Audit mission, charter and adapting it, as necessary, to encompass, changes to the Project’s services, organization and objectives;
• Carrying out the role of secretary of project steering committee;
• Developing flexible annual internal audit plan, using appropriate risk-based methodology including risk and internal concerns identified by management or internal audit;
• Implements the annual audit plan, as approved, including, and as appropriate, any special tasks or projects requested by management and the PSC;
• Leads the activities of the department to ensure that all work is performed independently without bias, with due diligence and timeliness, with adequate support for appropriate findings and recommendations provided in well-written internal audit reports;
• Ensure that the risk assessment is done at least annually;
• Maintaining a professional audit staff with sufficient experience, knowledge, skills and professional qualification/certification to meet the needs of the Internal Audit function as they evolve from time to time;
• Reporting audit activities and significant issues to the top management and the Project Steering Committee;
• Communicating opportunities for improving management controls, profitability, functioning and organization of the company to top management and the PSC;
• Coordinating the internal audit function with other departments and functions of the project, including, without limitation, legal and independent auditors;
• Reviewing the reliability and integrity of financial and operating information and how it is identified, measured, classified and reported;
• Reviewing the systems established to ensure compliance with laws and regulations;
• Reviewing the systems established to safeguard assets;
• Appraising the economical and efficient use of resources;
• Pre/ post- internal audit of all payments relevant to Civil Works, SWM Goods, Consulting Firms/ Individuals, Payroll, Fixed Assets, Operating Expenses and other related payments;
• Evaluating the adequacy and effectiveness of the company’s processes for controlling activities and managing risks;
• Testing key financial reporting controls in identified financial systems and processes;
• Provide technical input/advice to PICIIP’s staff on issues related to the external auditing including payments and expenditures, accounting & bookkeeping, assets management, financial reporting, annual reports, audit observations and other financial matters and issues.
Worked on SAP ERP (FICO & MM Module) with ICTSI ME DMCC for their BGT (Iraq based project)
• Provided support to Operations, Admin, Business Development, IT & Software teams through information analyses & support.
• Established and applied procedures for custody and control of assets, records, loans and securities and in order to ensure safekeeping.
• Client's contracts evaluation and development of rates in Navis software in collaboration with SAP.
• Took part in the development & implementation of Navis software for smooth working at BGT for revenue process & invoices generation.
• Documented and maintained complete and accurate supporting information for all financial transactions.
• Maintained financial accounting systems for cash management, accounts payable, accounts receivable, credit control and petty cash.
• Reconciled bank, investment and control accounts in SAP accounting system.
• Overseeing the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll in SAP accounting system.
• Maintained financial records for project in a manner that facilitates management reports.
• Ensured that accurate and timely financial statements are prepared in accordance with contract agreements with contractors.
• Provided accurate and timely reporting on the financial activity of project.
• Overseeing the management of all leases, contracts and other financial commitments.
• Managing all accounting functions;
• Passing and checking all the routine journal entries in SAGE Accounting System;
• Producing accurate financial accounting reports to specific deadlines;
• Managing company's financial accounting, monitoring and reporting systems;
• Monitoring and controlling the flow of cash receipts and disbursements to meet the business and investment needs;
• Data analysis of customers including aging report to senior management every month end;
• Maintaining banks and reconciling on monthly basis;
• Month end accrual, prepaid, depreciation and calculations;
• Creates, reviews and analyses and develops monthly financial statements and annually audited statement for management use & enhancement of system reporting tools;
• Ensuring that all records are adequately created and maintained in order to ensure compliance with requirement of local laws and accounting standards; &
• Other areas of work include maintaining Accounts Payable, Accounts Receivable, HR & Payroll.
• Managing all accounting functions;
• Passing and checking all the routine journal entries in Al Ameen Accounting System;
• Producing accurate financial accounting reports to specific deadlines;
• Managing company's financial accounting, monitoring and reporting systems;
• Monitoring and controlling the flow of cash receipts and disbursements to meet the business and investment needs;
• Data analysis of customers including aging report to senior management every month end;
• Maintaining fixed assets register including assets acquisition, disposal, write off and depreciation;
• Maintaining banks and reconciling on monthly basis;
• Month end accrual, prepaid, depreciation and calculations;
• Creates, reviews and analyses and develops monthly financial statements and annually audited statement for management use & enhancement of system reporting tools;
• Ensuring that all records are adequately created and maintained in order to ensure compliance with requirement of local laws and accounting standards; &
• Other areas of work include maintaining Accounts Payable, Accounts Receivable & Payroll.
Joined Khalid Majid Rehman(KMR), Chartered Accountants in August, 2007 which is an old and well-known firm of professional accountants in Pakistan. KMR in the past has represented accounting giant Deloitte and Touché (1992-2001) and also Moores Rowland International (2001-2004).
JOB PROFILE
Finance & Accounts:
Book keeping and preparation of financial statements; Finalize trial balance with supporting schedules; Supervise the whole range of Accounts Receivables and Payables; Monitor Payroll activities; Managing Fixed Assets Register; Handle cash management; Preparation of Bank Reconciliation Statements.
External/ Internal Auditor:
External Audit Procedures applied on different heads of financial statements of various companies; statutory audit of Staff Provident Fund & Gratuity Fund; Physical Stock Taking & Cash Counting; prepared a formal audit report and Management Letter; Internal Audit assignments and performed different procedures, including review and assessment of internal control procedures and accounting system, assessment of compliance with laws, regulations, management policy and other internal requirements, Preparation of internal audit reports.
Clients visited during the four years included significant companies in manufacturing and oil sector, financial institutions, retail networks, paper, textile, education, NGOs and many development sector organizations, significant of which are:
Hashmi Spinning Mills Ltd
Coastal Refinery Ltd.
Polish Oil & Gas Company Ltd.
Khalid Nazir Textile Ltd.
COMSATS Institute of Information Technology
Malik Board & Paper Industries (Pvt.) Ltd
Syed Paper Mills
SNGPL (Funds Audit)
Beyond Borders (Pvt) Ltd.
Bunny’s Food Ltd
Internal Audit- ROZAN (NGO)
Internal Audit- LABARD (NGO)
•Have the experience of teaching Accounting, Taxation And Audit subjects to B.com & I.com level classes;
•Observe and evaluate student’s performance and development;
•Maintain accurate and complete records of students’ progress and development;
•Participated in conducting the exams and invigilation;
•Provided appropriate feedback on work;
•Provided a variety of learning materials and resources used in educational activities;
•Prepare required reports on students and activities;
•Maintain discipline in accordance with the rules and disciplinary systems of the Institute;
•Planned, prepared and delivered instructional activities that facilitated active learning experiences;
•Established and communicated clear objectives for all learning activities.
*Assist in opening bank accounts and sell available banking products to new and existing customers;
*Complete day to day branch operations & regulatory compliance;
*Answer queries regarding account balance, transaction, products and services;
*Cash receipt / payment / sorting and relevant posting of transactions;
*Utility Bills collections/ Cross Branch Transactions;
*Posting of Inward and Outward Clearing /Inter City Clearing and responding to all advices pertaining to it;
*Preparation of Banker’s Cheque, Online transactions & Pay orders through account;
*Checking reports and balance cash at the end of the day;
*Preparation of all cash related statements required by SBP and Head Office;
*Adhere to the policies and procedures and to conduct themselves in a professional manner at all times.
* Preparation of monthly, quarterly and annual accounts, daily/ monthly cash position;
* Maintenance of bill records and correction of electric bills;
* Administration of Banks revenue collection system;
* Preparation of bank scroll and report to the revenue officer;
* Accounts operation and accounts database management;
* Monthly preparation of budget and analysis of variation with actual;
* Preparation of proposed budget and projected cash flows for the forthcoming year;
* Coordination with other departments for the proper execution of data in system.
LL.B
*CMA- Chartered Management Accountants 2012 *2 Years Post Graduate in Cost & Management Accountancy completed in 2008
Fellow Member of the Institute (F-2074)
Bachelor of Commerce Subjects include: Accounting, Audit, Cost Accounting, Tax, Business Laws, Business Math & Stats, Introduction to Business, Economics, Banking.