Experienced Senior Associate
Pricewaterhousecoopers
مجموع سنوات الخبرة :14 years, 5 أشهر
Job overview:
Lead Senior / Acting Manager for standalone and consolidated financial statements for public (listed) and private real estate and asset management clients.
Responsibilities:
- Developed my project management skills by handling multiple engagements and teams to ensure all engagements are completed prior to the filing deadlines.
- Dealt directly with engagement partners and key client management personnel (CFOs, Director of Finance) to discuss all engagement matters up to finalization.
- Training junior team members (a team of up to 5 junior staff) through on the job coaching and sharing best practices on the completion of their sections.
- Well versed with application of accounting standards such as IFRS 9 - Financial Instruments, IFRS 15 - Revenue from Contracts with Customers and IFRS 16 - Leases.
Roles and responsibilities include:
• Prepare audit reports for executive management, Audit Committee and Board of Directors, which summarizes audit findings (e.g. non-compliance of professional standards, internal policies and procedures and laws and regulations);
• Performing risk assessment on the business and audit risks which are currently facing the company;
• Based on the risk evaluation assessment, performing financial and operational audits which include the understanding the technical aspects of accounting and financial reporting and business processes to identify control deficiencies, process issues, and business problems;
• Evaluate internal policies and procedures, identify control gaps and recommend improvements;
• Review and analysis of company budget versus actual results noting any deficiencies therein on the underlying basis/assumptions used in the development of the budget;
• Review of the trial balances to determine the significant accounts balances. Analysis of general and sub-ledgers to establish trend analysis by use of excel tools such as VLOOKUP, PIVOT Tables, Graphical representations, etc.
• Leading a team of associates (varying from 1 to 3) in executing audit and compliance engagements;
• Preparing special audit and control reports by collecting, analyzing, and summarizing operating information and trends;
• Working knowledge and appreciation of Tally, SAP, to analyze the financial transactions of the client.
• Ad-hoc assignments as the financial experts in the litigation and lawsuits, based on the nature of the engagement.
• Maintenance of internal client relationships and regular interaction with the business to assess changes in the control environment and other matters arising in the business.
Key achievements:
• Identified loopholes in the revenue recording process of an entity which overstated revenue by AED 200 million. This saved the company from paying out excessive management incentives and bonus worth millions of dirhams.
• Performed the book cleaning exercise for the company having the total assets of AED 2.2 billion and facilitate the conduct of external audit for the years 2012 onwards.
• Year-end evaluation rating of “exceeded expectation” or more for consecutive years.
• Scored in the 85 - 90 percentile in the IQ test facilitated by Korn Ferry (HayGroup) at the request of IDO.
• Audit client acceptance on recommendations and findings greater than 90%.
PORTS MANAGEMENT
Saqr Port Authority
Al Jazeera Port
HOSPITALITY SECTOR
Banyan Tree Al Wadi
RAKEEN Development PJSC
INVESTMENT Holding
Hilton RAK Resorts & Spa
PHARMACEUTICALS INDUSTRY
GULF Pharmaceuticals “Julphar”
UTILITY
Gulf RAK Oil LLC
Al Ghail Power
HEALTHCARE INDUSTRY
RAK Hospital
RAK Medical Center
Specialized industries & engagements as external auditor
- Automotive:
Senior in charge on the audit of Nissan Middle East. Coordinate with the Japan primary team on financial results along with an assessment of the control environment. Obtained a rating of “significantly exceeded expectations” from the manager-in-charge on this job for 4 consecutive years. Challenging deadline meant that the audit and reporting were completed in 2 weeks which included Manager and partner review along with reporting to the primary team.
- Real Estate:
Senior in charge for the audit of Enshaa PJSC and its subsidiaries. Directly reporting to the manager for engagements such as Palazzo Versace Dubai, D1 Tower, Emirates Financial Tower and Kele Contracting. The total net worth of the group exceeded AED 3 billion. Assisted in the consolidation of the results of the respective entities.
- Manufacturing:
Senior in charge for the audit of ARC International Middle East, renowned for household brands such as Luminarc, Arcoroc. Engagement included regular correspondence with the managers of the primary team in France. Expertise in product costing and inventory valuation knowledge was developed further during this engagement.
- Local Group of Companies
Played leading roles in the audit of entities such as DBB Contracting LLC (Dutco Group of Companies) and Al Futtaim Engineering (Al Futtaim Group of companies). Received highest rating for the work done on these clients from the senior-in-charges and rave reviews from managers.
Key achievements:
• Consistently achieved a rating of “exceeded expectations” as part of the annual appraisal process of E&Y Dubai, with an average score of 4.25 out of 5 in areas of market leadership, people, operational excellence and quality.
• Achieved the highest rating for the Annual Quality Review “AQR” conducted for the audit of Dubai World and its subsidiaries. Commended by the office managing partner with an appreciation dinner hosted for the entire team.
- Direct liaison with the President of the company to discuss monthly company results.
- Actively involvement in development of the strategic plan of the company.
- Played an active role in collecting outstanding receivables, managing payables and monitoring the cash flow of the company
- On a daily basis, dealt with high net worth clients and large corporate companies.
- Preparation of monthly reports to monitor the performance of the company.
- Proactive approach led to proficiency in accounting package (Business Vision) with minimal supervision
- One of the 400 students from amongst 4,000 applicants who were accepted to the Schulich School of Business during the year 2005, with the school ranking as the top business school in Canada and placed very highly amongst business schools of the world in the latest rankings. - As part of the university curriculum, was involved in developing business plans and project reports on companies within the agricultural, airline industry, etc, which were later presented to professionals from varying business backgrounds. - Recipient of York University scholarship worth $ 8,000. - Recognized for exceptional commitment towards AIESEC York and awarded the member achievement certificate.