Awais Shahzad

• Lead monthly management reporting cycle, producing KPI dashboards, variance commentaries, and financial trend
analyses for senior leadership.
• Manage end-to-end monthly financial close process, ensuring accurate, complete, and timely reporting in compliance
with IFRS and corporate deadlines.
• Prepare and consolidate monthly, quarterly, and annual financial statements and management packs submited to
corporate management.
• Execute budget vs. actual analysis and develop monthly rolling forecasts, identifying risks and opportunities for
corrective action.
• Perform intercompany reconciliations and support group-level consolidation by ensuring accurate elimination entries
and consistent reporting across entities.
• Control product costing by reviewing and approving all sales orders and Bills of Material (BOM) for new product lines,
ensuring accurate margin analysis.
• Utilise SAP S/4HANA for ERP-level reporting, cost centre accounting, and financial data extraction.
Key Achievements
• Spearheaded 2026 annual budget exercise end-to-end, taking ownership of the planning, consolidation, and
presentation process.
• Revised activity rates across cost centres, resulting in measurably more accurate product profitability and cost
allocation.

• Planned and executed statutory audit engagements for clients across oil & gas, insurance, manufacturing, and services
sectors per ISAs.
• Prepared complete sets of IFRS-compliant financial statements including notes and disclosures from trial balances.
• Applied IFRS 16 (lease liabilities, ROU assets), IFRS 9 (ECL modelling), and IAS 12 (deferred tax) all critical to accurate
consolidation and reporting.
• Performed risk assessment, internal control testing, and audit reporting, consistently meeting tight client deadlines.
• Gained deep sector exposure: oil & gas group consolidations, insurance (IFRS 17 financial statements), and
manufacturing.
• Audited major oil & gas groups with direct involvement in subsidiary acquisitions, unbilled revenue calculations, and
mobilisation advances.
• Participated in the external audit of listed and non-listed insurance companies, ensuring compliance with IFRS, IFRS
17, and regulatory reporting requirements.
• Gained practical exposure to the transition from IFRS 4 to IFRS 17, including assessment of opening balances,
transition adjustments, and related financial statement disclosures.
• Performed audit procedures over insurance contract liabilities, reinsurance balances, revenue recognition, and
presentation requirements under IFRS 17.
• Reviewed IFRS 17 accounting policies, actuarial reports, insurance contract liabilities, and related disclosures as part of
statutory audit procedures.

• Led end-to-end audit engagements from planning through to final report issuance.
• Assisted large corporate clients in preparing financial statements under IFRS and local GAAP, including group
consolidations.
• Collaborated cross-functionally with actuarial, tax, IT, and legal teams to ensure comprehensive audit coverage.
• Built strong expertise in external/internal auditing, financial compliance, risk management, and regulatory reporting.