Audit Supervisor
Crowe Horwath
Total years of experience :14 years, 10 Months
Joined Crowe Horwath as an external auditor and now working in supervisory role specifically for the audits of RERA (Real Estate Regulatory Agency) e.g Owners’ Associations Audit, Escrow Account Audit, Developer audit. Working individually as well as a supervisor on internal audit and financial audits assignments. During my experience in Crowe Horwath, I gained experience of multiple industries including:
Financial Audits:
Major clients included:
• John Sisk & Son Constructions
• Fortune Group
• Petrohouse FZE
• Hidayath Stainless Steel
• Sheikh Maktoum Real Estate
• Prima Gold Jewelers
• Hira Industries L.L.C
• Al Badiya General Trading
• City University College of Ajman
• Harley David Son (certification)
RERA Audits:
Major clients included:
• Escrow account audits of Citi Bank and UBL.
• Developer audit of B&M FZCO, Credo Investments, Aakar Developers
• Owners Association (O.A) audits of:
a) Elite Residence
b) Golden Mile I
c) Golden Mile II
d) The North Residence
e) Springs @ Oasis
f) Emirates Financial Tower
g) Botanica Tower
h) Jumeriah Business Center 1, 2, 3, 4 & 5
i) Armada Tower
Forensic Audits:
a) Golden Mile I
Supervision Assignments:
a) Smith & Ken- Accounts Department Supervision
b) Smith & Ken- Payroll
The key responsibilities as an auditor included:
• Managing the assignments single handedly.
• Presenting accounts in board meetings.
• Performing financial audits, reviews, and other assurance services.
• Supervising and mentoring junior staff.
• Designing audit strategies and audit planning for each client.
• Developing an understanding of the applicable laws, regulations and compliance issues of the entities.
• Understanding the entity’s financial reporting standards, financial reporting procedures, related controls and reporting system.
• Understanding and evaluating the entity’s accounting system.
• Evaluation & recommendation on internal controls
• Evaluating entity’s financial reporting procedures.
• ERP implementation.
• Collections of revenue, posting relevant entries in Oracle, posting of BRV, CRV and BPV. Depositing all the clinical income and donations to the banks.
• Preparing daily department vise collections report for management review.
• Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
• Explain billing invoices and accounting policies to staff, vendors and clients.
• Resolving accounting discrepancies.
• Recommend, develop and maintain financial data bases, computer software systems and manual filing systems.
• Co-ordination with internal and external auditors in completing financial audits.
• Assisting Deputy manager in the payroll area.
• Employee medical reimbursements, Employee advances
• Advance tax returns.
• Controlling hospital expenses.
• Creating cost reports an and reporting to cost controller.
• Analyzing budgeted and actual expenses and coordinating with the concerned departments for the variances..
• Enforcing the predetermined budgets and following the process of additional expenditure approvals.
• Creating financial reports and tracking current spending in relation to the overall budget, and then presenting these to management and the accounts department.
• Developed a complete Inventory Management System for the entire inventory of the hospital which automatically tells danger levels, minimum levels, maximum levels and re-order levels of inventories. I got a Shield for developing this system for the hospital.
• Managing complete operations of the inventories of three stores that are Radiology store, Stationary store, and MPR (misc.) items.
• Responsible for ISO audit for my stores.
Joined Hassan Naeem & Co. (UHY) in July 2009 as audit trainee and worked till August 2010. During this time I worked on the following assignments:
• Internal audit of Salt & Pepper Grill Restaurant
• External audit of Pakistan School of Fashion Design
• Support auditor for various small assignments
Awarded 70% Scholarship in ACCA by Acute Business College in 2007- to date.
Passed every paper in 1 day study.
Awarded 15% Scholarship in CAT by SKANS School of Accountancy in 2005-07.
Awarded 100% Scholarship in I.COM by Punjab College of Commerce in 2003-05. Awarded Cash Prize by Punjab College of Commerce (PCC) for winning Quiz Competition in 2003.