Sr audit officer
Pak Elektron limited
مجموع سنوات الخبرة :4 years, 2 أشهر
• Conduct reviews of assigned organizational and functional activities.
• Evaluate the adequacy and effectiveness of the management controls over those activities.
• Determine whether organizational units are performing their planning, accounting, custodial, risk management, or control activities in compliance with management instructions, applicable statements of policy and procedures, and in a manner consistent with both organizational objectives and high standards of administrative practice.
• Plan and execute engagement in accordance with professional standards.
• Report engagement observations and make recommendations for correcting unsatisfactory conditions, improving operations, and reducing cost.
• Perform special review at the request of management.
• Direct the activities of juniors
• Perform investigations when required by the management
Senior Associate - (Lahore, Pakistan) | Audit & ERS.
ENTERPRISES RISK SERVICES (ERS) / CONSULTANCY
Significant ERS related experiences include:
Preparation of proposals for different consultancy and audit assignment.
Preparation of feasibility reports and projected financial statements.
Internal Audit
Designing and implementing monthly, quarterly, half yearly and annual audit plans and reporting the same to Audit Committee.
Review of internal control policies and procedures and assessing /evaluating their appropriateness.
Compliance audit of internal control policies and procedures of the Company.
Pre-Audit of all financial transactions.
Review of annual and interim financial statements of the Company before approval by BoD and their publication
Supervising monthly stock-take activity and reporting the results with recommendations to Management.
Performing special internal auditing assignments of other associated undertakings as per instructions of management.
EXTERNAL AUDITS
Significant Audit related experiences include:
Preparation of separate and consolidated annual and half yearly financial statements of listed and non-listed clients.
Checking compliance with IFRS, and other local reporting requirements.
Preparation of statutory reports and drafting of qualifications and emphasis of matter paragraphs.
Preparation of cover letters, management letter and representation letter for submission to the clients.
Planning, performance and finalization of Audits of manufacturing concerns, trading industry and energy & power industries.
Review of design and implementation of Internal Control Systems.
Analyzed general environmental and market factors crafting business risks and translated them into financial reporting and audit related risks.
Developed strategic audit plans, detailed audit plans and audit programs to address financial reporting and audit risks for annual audits and interim assurance reviews.
Implemented strategic audit plans into risk based audit procedures.
Evaluated evidence obtained as result of audit procedures’ implementation.
Prepared various assurance and compliance reports/ certificates for statutory/ regulatory and internal management purposes.
Evaluated internal controls’ risks and provided solutions to improve design and maintenance of internal controls as per COSO Integrated Framework
Prepared and reviewed annual/ interim separate/ consolidated financial statements in accordance with International Financial Reporting Standards and statutory requirements.
Reviewed compliance with the best practices of Code of Corporate Governance and other statutory requirements.
Analyzed reporting objectives and coordinated with the staff in parallel and leading capacities to meet reporting objectives.
Prepared budgets, forecasts, projections and business plans.
Provided management services to monitor efficiency and effectiveness of business operations using variances, benchmarks and key performance indicators.
Prepared various reports to address weakness in design, implementation and effectiveness of internal controls.
Worked and liaised with other members of the audit team and colleagues in other parts of the firm as necessary to provide high quality services to my clients.
Produced assignment budgets and timetables and managed delivery against them.
Performed reviews of various assignments and provided directions to conduct assigned jobs efficiently and effectively as per requirements of specific assignments.
Deployed human and other resources in performance of complex assignments.
Certified Public Accountants (CPA)
Education and Attainments * CA Finalist, Institute Of Chartered Accountants Of Pakistan (one paper pass, I.T) * CA (Inter) Institute Of Chartered Accountants Of Pakistan * Certified Financial Consultant (CFC) - USA
* Bachelor of Commerce, Hailey College of Commerce (Punjab University)