Mohamed Shifan ACA

• Preparation of ad hoc financial analysis and performance reports to assist management and operation teams in evaluating special projects and corporate strategic planning process.

• Responsible for monthly and quarterly financial reporting, including detailed commentary on the results.

• Preparation of annual consolidated budget, roll forward forecast, Long Range Plans of the business.

• Analyzing and reviewing of KPIs, improve internal controls and streamline the processes.

• Managing all treasury and banking activities including arrangement of fund raising requirements.

• Influencing key decision makers & executive management by delivering timely and accurate financial reports.

• Liaising with internal / external auditors, Zakat consultants and oversighting the overall governance requirement of the entity.

• Production of monthly financial management reports, variance analysis, interpretation, forecasting and recommendations for adverse variances.

• Leading the entire budget governance framework, including preparation of necessary documents and obtaining final approval from CFO and Group President.

• Conducting business financial analysis to identify and define cost drivers, improvement plans and cost reductions.

• Developing and managing a multimillion revenue budget for costing, financial planning & analysis to achieve operational & strategic goals.

• On regular basis, evaluation of adequacy of insurance coverage based on the business risk profile.

• Preparation of operation cash flow, free cash flow forecasts to control and manage the liquidity.

• Identified & implemented training & development to share knowledge, evaluate skills gaps & nurture top talent.

• Planning, organizing and execution of internal audit function for highly diversified and complex business units within the organization including the preparation of audit plan which fulfils the responsibility of the department, scheduling and assigning work and estimating resource needs.

• Business advisory on improvements of operations by analyzing business processes and reporting on system weakness and security lapses as well as suggesting procedures to improve the internal controls within the organization and suggesting ways of improving efficiency, effectiveness and economy of the financial operation of the organization.

• Scheduling regular meetings to present audit recommendation and coordinate with appropriate top management staff in implementing approved corrective and preventive measures.

• Benchmarking business processes against leading practices and developed an extensive listing of potential internal controls for consideration.

• Carrying out individual risk based assignments to provide assurance on part of the risk management framework, including on the mitigation of individual or collective risk

• Preparation of ad hoc analysis and performance reports to assist management and operation team in evaluating special projects in a timely manner.

• Reporting on financial statements under International Financial Reporting Standards and drafting audit opinions in accordance with International Auditing Standards.

• Planning, execution and completion of audit and non - audit engagements, and determining the timing and the extent of the audit approach required which ensures timely reporting to the local and international clients and enables to achieve efficiency & effectiveness.

• Performing computer based financial risk assessment prior to accepting a new engagement or commencing the field work in the acceptance and continuance stage of an engagement.

• Formulation of internal controls for various disciplines and preparation of annual budgets and corporate plans as per top management requirements.

• Performing statutory audits, Agreed upon procedures and review of financial statements in accordance with international accounting standards, PWC Audit Methodology, GAAPs and in compliance with relevant legislative requirements.

• Performing analytical procedures at the planning, building and final stages of an engagement and corroborating the audit evidence gathered.

• Corporate governance best practices and internal control assignments.

• Conducting meetings with senior client personnel on a regular basis and actively participating in key management meetings involving the engagement leader and key management personnel.

• Allocating work to junior associates depending on their capabilities and career progress, supervising, monitoring & reviewing the work performed. Continuous monitoring and control over engagements to ensure the expected recovery levels are achieved.