Finance Manager
AlRashed Cement Company
Total years of experience :14 years, 2 Months
• Heading the financial operations of 3 companies in Cement Group including foreign Bahrain Branch.
• Managing the financial performance of a multi-million $ portfolio.
• Monitoring and reviewing all the opex and capex projects across the group.
• Relationship building across departments and capacity building of staff.
• Responsible for budgeting, accounting, financial controls, taxation, reporting & treasury operations.
• Business partner at a senior level and work closely with the CFO and Regionals Manager’s on a daily
basis regarding all finance activities.
• Working closely with the Holding company for Board meetings to discuss key KPIs and performance monitoring.
• Publishing key P&L metrics for the Cement group companies ensuring accuracy and minimum deviation.
• Closely working with IT department on process automation for improved financial reporting.
Key achievements during my tenure include the following:
• Cutting the monthly reporting time by 30% and providing valuable insights to the management by interactive dashboards uding Power BI tools.
• Changed the budgeting process from traditional budgeting process to scenario-based budgeting by use of financial models.
• Implemented paperless payment processing system to effectively carry out business operations during the pandemic lockdowns.
Currently working as a Assistant Manager in one of the Leading audit firm in Saudi Arabia. The job description includes the following tasks:
• Managing the planning, execution and completion of external audits from of organizations from various industries, including, but not limited to, insurance, manufacturing, services, hospitality and other sectors.
• Implementation of IFRSs and IFRS for SMES on various entities in the Kingdom of Saudi Arabia.
• Discussions with the team and client management on various observations highlighted during the conduct of audit.
• Reviw of the documentation of the work performed and compiling the audit file in the CAAT Software.
• Compliance testing with the GAAPs and SOCPA regulations.
NUST is one of the TOP RANKING UNIVERSITIES in Pakistan.
My Key Responsibilities at this position include:
• Preparing an Annual Internal Audit Plans based on risks assessment including timelines and
estimating resource needs for each task completion and reporting.
• Report Head of Internal Audit about the programs and results of audit activities for review and
approval.
• Review Internal Controls, Operational efficiencies, Contractual Obligations and Compliance with
selected policies & procedures. Further, develop and modifications of control activities and policies.
• Develop and discuss findings, recommendations and time lines for corrective action with responsible
officer of operations audited and monitor the implementation status of agreed recommendations.
• Review and report on the accuracy, timeliness and relevance of the financial and other information
that is provided for higher management.
• Ensure quality control of the internal audit functions on an ongoing basis by reviewing and
supervising junior staff work done/ coordinate special team on special assignment.
• Ensure work papers are adequately documented, properly filed and audit evidences are sufficient
which represent true and fair picture to Directors and The Rector.
• Conduct audit of procurement of goods and services as per PPRA Rules and Regulations, 2004 and
Procurement of Service Regulations, 2010.
Development of overall audit strategy and formulation of audit plan in accordance with assessed risks in critical and significant audit areas.
Finalizing audit planning in accordance with International Standards on Auditing (ISAs) and KPMG Audit Methodology.
Review and finalization of work performed by audit assistants.
Development of audit tests aimed at reducing audit risks, execution and completion of various audit assignments.
Identifying and summarizing material audit issues and differences during the audit and assisting engagement director and partner in resolving the material issues identified.
Performing half yearly and quarterly review of various organizations in service sector.
Working on the Audit software of KPMG for conducting risk based audits.
Key Responsibilities:
•Planning audit and review engagements in line with ISAs and KPMG Audit Manual.
•Planning observation of physical stock count and review thereof.
•Allocation of work to team members and discussing critical areas and audit strategy.
•Understanding the business cycles, internal controls system and identification of significant
risk areas.
•Carrying out audit execution & review of all account heads while acting as a team leader.
•Carrying out Test of Controls and Substantive Audit Procedures.
•Identification of internal control weaknesses and giving recommendations in line with best practices.
•Review of compliance with best practices of code of corporate governance.
•Ensuring satisfactory clearance of my audit engagements from KPMG’s Engagement Quality Control Review.
•Reporting and assisting Managers and Partners audit & assurance in audit matters.
•Successful and timely completion of audit work in line with KPMG Standards / ISAs.
•Ensuring completeness, correctness and updated working papers in KPMG e-Audit Software
•Meeting with different levels of management of the client including CEO, CFO and Directors.
•Confer with Client officials about financial and regulatory matters.
•Preparing detailed reports on audit findings
Masters of Commerce Equivalence granted by the Higher Education Commission of Pakistan for completio
CHARTERED ACCOUNTANT from the Institute of Chartered Accountants of Pakistan
Sciences
Sciences
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