Senior Manager Assurance
Ernst & Young Middle East
مجموع سنوات الخبرة :21 years, 2 أشهر
Promoted to manager within 5 years of joining EY as a trainee. Rejoined in Pakistan office and promoted as Senior Manager.
Worked in EY South Africa and Saudi Arabia
Span of control = 30 staff members including two managers
High spirited team worker and building strong teams by providing excellent growth, learning and sharing opportunities.
My role:-
Financial analysis and identification of financial trends / ratios, variances and interpretations thereon. Monitoring
of the key financial indicators of the clients and reviewing monthly management and other reports;
Identification of key business, significant and financial risks facing the clients along with assessment of
mitigating controls;
Communicating significant issues in the form of early warning issues to the clients’ senior management / Audit
Committee / Board of Directors;
Monitoring the timely preparation of all deliverables to the clients that include financial statements (including cash flow statements), management letters (highlighting control weaknesses and recommendations) and other deliverables;
Review of financial policies and procedures of the clients and ensuring compliance in accordance with the International Financial Reporting Standards;
Developing people through effectively supervising, coaching and mentoring all levels of staff;
Ensuring compliance with firm’s risk management policies and procedures;
Project management - Extensive experience in project management from initiation to completion, for assurance clients;
Rendering services through in depth expertise in IFRS, Banking / Company laws etc;
Accounting & Controls Knowledge - Review and preparation of technically challenging and highly subjective accounting and control areas, under regulated environments governed by the regulators;
Ensuring compliance of corporate governance for listed as well as for public sector entities;
Member - Task Force Islamic Banking Implementation Team
Member - Core Banking System Scoping Committee
Invitee - Islamic Banking Business Committee
My role:-
Reviewing financial statements, monthly management and other reports;
Preparing top management routine and adhoc reports;
Compliance with banking regulatory and financial reporting frameworks;
Analysis and identification of financial trends and variances and interpretations thereon. Monitoring of the key financial ratios / indicators of the Bank;
Preparing and analyzing various financial reports;
Assisting in finalizing organizational profitability analysis, fund transfer pricing & ALM policy, capital adequacy ratio calculation
Coordination with other departments to ensure accuracy and consistency in financial information.
Implementing and providing guidance on AAOIFI accounting standards and IFRSs.
Reviewing and finagling various management reports for conventional banking setup also.
Acting in-charge treasury back office operations
Assisted Central Bank of Oman in preparing regulatory reporting requirements for Islamic banking
Ensuring compliance with regulatory and financial reporting frameworks (International Financial Reporting Standard and SBP regulations);
Supervising all financial matters including compliance of the same with statutory requirements and bank’s accounting & disclosure
policies;
Involved in various phases of implementation of state of the art world class software Misy - Equation;
Involved in preparation and implementation of Management reporting system and internet based dash board for CEO;
Involved in preparation of budgeting module;
Analysis and identification of financial trends and variances and interpretations thereon. Monitoring of the key financial ratios / indicators of the Bank;
Developing and monitoring five years business plan and budgets both for individual units as well as for all the units taken together in accordance with the guidance of CFO / CEO;
Reviewing monthly Management Information System (MIS) and other head office and group level reporting for onward submission;
Reporting and presentation of financial data to Management, Head Office, Bahrain & Board of Directors. Local and Head Office audit coordination;
Coordination with external auditors, SBP inspection, internal auditors and ABG group auditors;
Actively involved in the identification of internal control GAPS and implementation of internal controls over financial reporting;
Regularly attends and participate various management committee meetings;
Hands on experience of merger / acquisition of banks as I was actively involved in merger of AlBaraka Islamic Bank B.S.C (C) with and into AlBaraka Bank (Pakistan) Limited (formerly Emirates Global Islamic Bank Limited);
Planning of audits, organization and participation in initial meetings with clients to understand the expectations and designing audit strategies after assessing the audit risk associated with the client
Coordination of the audit work with the staff involved at various audit locations
Review of team member’s audit work in light of technical standards, generally accepted accounting practices, accounting and auditing standards, Corporate Governance Guidelines, Companies Laws, Income Tax laws and other relevant rules and regulations
Monitoring the timely preparation of all deliverables to the client that include financial statements, management letters (highlighting control weaknesses and recommendations) and other deliverables
Ensuring quality of service to the clients and assuring their satisfaction to the services provided
Served in various capacities over the period of 4 years’ experience have gained practical knowledge of International Accounting & Auditing Standards by serving a blend of national and multinational organizations in energy, banking and manufacturing sectors.