Muhammad Hussam Javaid

Leading a team of internal auditors to conduct internal audit engagements on
the group entities and the group functions. The salient aspects of the work
include:
Planning, performing, finalizing and reporting on internal audit engagements
conducting follow-up engagements for the implementation of the corrective
action plans.
Conducting risk assessment for the group wide activities and functions to
identify and address risks (financial, operational, legal and regulatory and
business risks) by suggesting an appropriate solution responsive to the risk.
Conducting Gap Analysis for the identification of the deficiencies in the
systems and processes to ensure effectiveness and regulatory compliance.
Reviewing the budgets, forecasts and related business plans for adequacy.
Reviewing the liquidity position of the group and ensuring there is always
an adequate plan to ensure the funding of business plans and operations.
Monitoring the AP and AR for accuracy and compliance with terms.
Testing and monitoring financial processes including the Consolidated
financial reporting (as per the IFRS framework and management reports
as per the needs) and taxation compliance (VAT and Corporate) to ensure
accurate and effective reporting for informed decision making as per the
stakeholder needs.
Designing procedures for testing the group wide controls for the systems in
the group including the IT controls.
Designing, preparation and reviewing the audit programs and working papers
for the audit engagements performed including conducting walkthroughs,
documenting and flowcharting the business processes.
Preparation and presentation of audit reports and other reports including the
quarterly and specified reports pertaining to the internal audit function.
Coordinating with the internal audit manager for the coordinating the
activities of the internal audit function and other stakeholders e.g. the
Chairman, Managing Director, external auditors for relevant functions.

Leading a team of internal auditors to conduct internal audit engagements on the group entities and the group functions. The salient aspects of the work include:

• Planning, performing, finalizing and reporting on internal audit engagements conducting follow-up engagements for the implementation of the corrective action plans.
• Conducting risk assessment for the group wide activities and functions to identify and address risks (financial, operational, legal and regulatory and business risks) by suggesting an appropriate solution responsive to the risk.
• Conducting Gap Analysis for the identification of the deficiencies in the systems and processes to ensure effectiveness and regulatory compliance.
• Reviewing the budgets, forecasts and related business plans for adequacy.
• Reviewing the liquidity position of the group and ensuring there is always an adequate plan to ensure the funding of business plans and operations.
• Monitoring the AP and AR for accuracy and compliance with terms.
• Testing and monitoring financial processes including Consolidated financial reporting (as per the IFRS framework and management reports as per the needs) and taxation compliance (VAT and Corporate) to ensure accurate and effective reporting for informed decision making as per the stakeholder needs.
• Designing procedures for testing the group wide controls for the systems in the group including the IT controls.
• Designing, preparation and reviewing the audit programs and working papers for the audit engagements performed including conducting walkthroughs, documenting and flowcharting the business processes.
• Preparation and presentation of audit reports and other reports including the quarterly and specified reports pertaining to the internal audit function.
• Coordinating with the internal audit manager for coordinating the activities of the internal audit function and other stakeholders e.g. the CEO, COO, external auditors for relevant functions.

• Led a team of internal auditors in planning, executing, and finalizing
internal audit engagements across group entities and functions.
• Conducted risk assessments to identify financial, operational, legal,
regulatory, and business risks; recommended actionable solutions to
mitigate them.
• Performed gap analyses to identify deficiencies in systems and
processes, ensuring effectiveness and regulatory compliance.

Supervising & managing multiple teams deputed on different assignments relating to accounting, financial reporting, financial systems design & implementation, financial analysis and internal audits. The salient aspects of the work include:

• Manage and supervise professional staff of more than 15.
• Supervise the Internal audit of more than 5 clients.
• Monitor and report on the financial reporting process of monthly, quarterly, half yearly and annual Management Financial Statements.
• Supervise and prepare the annual financial statements according to the IFRSs and GAAPs to be audited and presented to different stakeholders.
• Designing & implementing financial systems according to the needs of the entity regarding financial reporting to management, shareholders, legal & regulatory requirements and specific needs of different stakeholders.
• Redesigning the business processes to save costs and remove inefficiencies.
• Preparing feasibility analysis.
• Preparing budgets and forecasts / projections.
• Preparation & filing of Sales tax / VAT & Income tax returns.
• Supervising the ERP development assignment at various clients consisting of following modules:
• Fixed Assets
• Capital Work in Progress
• Inventory Costing
• Receipts and Trade Debtors
• Trade Creditors
• Restaurant Management
• Production Processes
• Costing management

• Supervision and management of multiple teams deputed on statutory audits, internal audits, financial systems development & implementation and related services.
• Planning and execution of audit in accordance with International Standards on Auditing, PKF’s Global Audit Methodology and compliant with QCR program of ICAP using auditing software such as CaseWare.
• Accurately identified audit scope, staff requirements, timetable and budget to consistently meet project goals.
• Developed test plans and methodologies to effectively evaluate and audit business processes and controls.
• Maintained up-to-date knowledge on business and economic issues, identifying and assessing risk factors and determining appropriate action to achieve maximum success.

Work in advisory / outside external audit on multiple clients including supervision:

• Managed end-to-end bookkeeping processes, ensuring accurate recording and classification of financial transactions.
• Conducted regular internal audits, identifying process inefficiencies and implementing corrective actions that resulted in increase in operational efficiency.
• Collaborated with external auditors during annual audits, ensuring compliance with regulatory standards and timely completion of audit requirements.
• Oversaw bank reconciliation process, resolving discrepancies and ensuring accurate cash position reporting.
• Managed accounts receivable and payable functions, maintaining strong vendor relationships and optimizing cash flow.
• Prepared monthly financial statements, providing key insights to senior management for strategic decision making.
• Successfully filed income tax returns and managed withhold tax calculations, minimizing tax liabilities and ensuring compliance with tax regulations.
• Administered payroll processing, accurately calculating salaries, bonuses, and deductions.
• Implemented cash management strategies that reduced idle cash balances, improving overall financial liquidity.

Supervising & managing multiple teams deputed on different assignments relating
to accounting, financial reporting, financial systems design & implementation,
financial analysis and internal audits. The salient aspects of the work include:
• Planning and execution of audit in accordance with International Standards
on Auditing, PKFs Global Audit Methodology and compliant with QCR
program of ICAP using auditing software such as CaseWare.
Work in advisory / outside external audit on multiple clients including
supervision:
• Managed end-to-end bookkeeping processes, ensuring accurate recording
and classification of financial transactions including IFRS 15, IFRS 16 etc.
according to IFRS framework including preparing Consolidated
Financial Statements adjusting for intra group transactions and balances.
• Conducted regular internal audits and gap analysis, identifying process
inefficiencies and implementing corrective actions that resulted improve in
operational efficiency.
• Designing & implementing financial systems according to the needs of the
entity regarding financial reporting to management, shareholders, legal &
regulatory requirements and specific needs of different stakeholders.
• Prepared monthly financial statements and management reports (including
MIS reports), providing key insights to senior management for strategic
decision making.
• Preparing feasibility analysis, budgets and forecasts / projections.
• Collaborated with external auditors during annual audits, ensuring
compliance with regulatory standards and timely completion of audit
requirements.
• Oversaw bank reconciliation process, resolving discrepancies and ensuring
accurate cash position reporting.
• Managed accounts receivable and payable functions, maintaining strong
vendor relationships and optimizing cash flow.
• Successfully prepared and Sales Tax / VAT and income tax returns and
managed withhold tax calculations, minimizing tax liabilities and ensuring
compliance with tax regulations.
• Implemented cash management strategies that reduced idle cash balances,
improving overall financial liquidity.
Performed Services in the following Sectors:
◦ Manufacturing l Sports Goods, Apparel, Surgical Instruments,
Shoes, Ghee
◦ Insurance
◦ Airline
◦ Cargo Services
◦ Non-profit entities
◦ Charitable organizations
◦ Hospitals
◦ Education
◦ Retail
◦ Real Estate
◦ Hotels/Restaurants

• Performing and leading the team in statutory audits, internal audit assignments, financial system design & implementation, ERP software system design & implementation, gap analysis and related assignments.
• Planning and execution of audit in accordance with International Standards on Auditing, PKF’s Global Audit Methodology and compliant with QCR program of ICAP using auditing software such as CaseWare.
• Managing complete bookkeeping and financial reporting for different clients in diversified sectors.
• Accurately identified audit scope, staff requirements, timetable and budget to consistently meet project goals.
• Completed audit documentation, including audit scopes and audit reports with faultless accuracy.
• Developed test plans and methodologies to effectively evaluate and audit business processes and controls.
• Led and supervised on-site teams of 5 to achieve client satisfaction across all categories of audit engagement.
• Maintained up-to-date knowledge on business and economic issues, identifying and assessing risk factors and determining appropriate action to achieve maximum success.
• Supported senior auditor in creating audit objectives and project scope for progression towards audit targets.
• Led team of junior auditors to consistently meet and exceed audit goals.

Planning and execution of audit in accordance with International Standards on Auditing and compliant with QCR program of ICAP using auditing software such as CaseWare. Assisted in performing internal audit assignments, agreed upon procedures and related services.

• Recorded Transactions related to AP and Purchases.
• Prepared different reports as required by the senior accountant.
• Assisted in monthly and annual closing.
• Assisted in Audit.
• Performed other tasks as required by the senior accountant.