Assistant Manager for the Financial Services team
KPMG QATAR
Total years of experience :17 years, 11 Months
I have worked as Assistant Manager - Audit and Assurance at KPMG Qatar (Big Four) where i was engaged in providing professional services such as External audit, Interim reviews, Special audit, Regulatory certifications, Project management and Budgeting and Management Reporting. My key responsibilities include
• Planning, managing and budgeting audit engagements.
• Defining audit scope, developing strategy and prioritizing activities by client’s risk management
• Anticipating and identifying client needs and requirements and presenting targeted assurance and advisory solutions
• Adding value on existing engagements by providing best-in-class advisory services and opinions;
• Co-ordinating with various subject-matter specialist like actuary, tax specialist and lawyers.
• Assisting clients in preparation of financial statements in accordance with International Financial Reporting Standards (IFRS), local corporate laws, Emiri Decrees and directives of regulatory authorities; and
• On -the-job training and professional development of fellow team members.
Key Portfolio of Clients:
- Qatar Central Bank
- Qatar Financial Centre Authority (170+ licensed companies)
- Qatar National Bank (Largest bank in Middle east)
- Qatar Development Bank
- Masraf Al Rayan Bank
- Ahli Bank
- First Leasing Company
- Al Fardan Exchange LLC (Exchange company)
- Jaidah Brothers (13 Subsidiaries)
- Tadmur Real Estate
- Subtech marine and diving services (Submarine and underwater engineering)
- Stanford Marine LLC
Currently I am seconded as a Financial Analyst in Management reporting and Operating Asset department of Qatar Petroleum International. My key responsibilities include:
• Provide financial and management analysis and support to the Business Units (BU).
• Support the preparation of and execution of the Annual Business Plan (ABP) including the planning, preparation, monitoring and delivery of finance material.
• Support the timely preparation and delivery of all internal reporting requirements
• Promote budget ownership and transparency across QPI, providing advice and guidance on appropriate policies and procedures
• Support the business in managing their (post-acquisition) assets, liaising with the respective JV or subsidiary finance representatives as appropriate. This includes receiving, monitoring, recording and processing cash calls and disbursement requests; maintaining records for the transactions and authorizing disbursements as per the policies and procedures
• Act as the SAP Finance Subject Matter Expert, promote effective and efficient use of the system within QPI.
• As a senior member of the finance team, proactively participate in finance team activities and meetings ensuring a close integration, sharing information and developing others
• Develop and maintain third-party connections, as appropriate, to promote a better understanding of QPI activities and enhance working relationships.
I was part of the Assurance Group as Supervising Senior where I led large teams through the planning, execution and completion stages of statutory audits and other varied special nature engagements.
• Engagement planning based on understanding of the entity and assessment of business and related audit risks
• Performing audit procedures of analytical review, test of detail and test of control in accordance with the International Standards on Auditing (ISA)
• Comprehensive audit of Treasury Operations, Banking Operations, Manufacturing Operations and compliance with statutory laws and regulations
• Preparing financial statements in accordance with the International Financial Reporting Standards (IFRS) and Local laws
• Computation of tax charge under Local tax laws and International Accounting Standard 12.
• Audit of provident fund, gratuity fund, dividend remittance and regulatory compliance certificate of various entities
• Consolidation of financial statements for clients’ and reviewing consolidated financial statements along with the disclosures in accordance with IFRS
• Assessing the adequacy of internal controls of the entity and recommended effective control in the “Management Letter”.
• Supervision, review and finalization of an assurance engagement
• Coaching and professional development of audit staff assigned for supervision
• Conducting meetings with client's Senior Management and communication of engagement related issues and deliverables to relevant persons and to those charged with governance
• Consultation on significant matters with various professionals such as lawyers, tax advisors, actuaries and IT experts
• Building client relationship.
Key Accomplishments:
- Computation of Impairment against debtors of a financial services entity under IAS-39 during the economic downturn of 2009.
- Meeting stringent deadlines communicated by Engagement Partner without compromising the quality of work especially single day deadlines in cases of profit clearance of mutual funds
- Foreign reporting of Financial Statements including specialized disclosures of yield, maturity and segment reporting
- Performing consolidation of diversified entities in a group including banks, brokerage house, fund manager and consumer goods industries.
My diversified portfolio of clients included:
• Standard Chartered Bank
• United Bank Limited - 3rd largest private sector bank in Pakistan
• Bank Alfalah Limited - 5th largest private sector bank in Pakistan
• Samba Bank Limited - Subsidiary of KSA -Samba Bank
• NIT State Enterprise Fund
• Pakistan Int. Element Islamic Fund
• NAMCO Balanced Fund
• MCB Dynamic Allocation Fund
• First National Equities Limited
• KASB Securities Limited
Associate member of the institute
Secured 1st Division Elective subjects included Accounts, Business Studies and Corporate Laws