Senior Audit and accounts
SOMAR ALIMUNIUM AND GLASS MANUFACTURING LLC
مجموع سنوات الخبرة :22 years, 1 أشهر
- Planning of the INTERNAL AUDIT assignments to execute them in effective and efficient manner;
- Review and evaluation of control environment, management’s risk assessment processes and internal control policies & procedures of different clients and comparison with industry best practices;
- Preparation, examination, analysis and review of financial statements including cash flows and consolidated financial statements as per requirements of IFRSs:
- Assisting clients in preparation of Financial Statements, stand alone and consolidated, in accordance with the financial reporting framework;
- Preparation of internal audit & other specific assignment’s reports;
- Regular communication with clients for discussion and resolution of issues identified during the course of audit, prioritization of issues identified and submission of details to Partner;
Chief Accountant - In a manufacturing concern (January, 2010 - December 2013)
I have worked as Chief Accountant in GHAZI POWER LIMITED, an energy generation company with Gas and furnace oil. As a Chief Accountant my duties included: - Ensuring company's compliance with income tax & corporate laws: - Preparation of the entire company's payroll. Moreover making comparison of budget with actual results achieved at end of the month and reporting variances to higher management;
- Preparation of monthly and quarterly withholding tax statements and record and submission to FBR.
- Preparation of Monthly Profit & Loss Account of the entire company and analysis of variations from Monthly Budget as well as from previous month figures and reporting major variances to higher management;
- Preparation of Monthly Cash Flow Statement, review of banks reconciliations;
- Assistance to Manager Finance in respect of payments to banks regarding principal & mark-up payments of credit facilities being availed.; and - Coordinating with Statutory Auditors as well as Internal Auditors of the company during their audits.
INTERNAL AUDITOR - In a manufacturing concern
(March 2007 - Dec, 2009)
I have worked as INTERNAL AUDITOR in Ghazi Fabrics International Limited, a textile company listed on all the three Stock Exchanges of the country (Pakistan) . During my stay in this company, my major responsibilities were: - Monitoring, implementation and suggestion of improvements in internal control system of the company;
- Development of Internal Audit Charter, Internal Audit Policies & Procedures Manual and Internal Audit Programs for specific areas of audit;
- Ensuring accuracy of accounting & financial reporting system as well as sale & purchase system of the company;
- Reviewing accuracy and authenticity of various reports generated through different Management Information Systems and discuss findings and suggest improvement measures;
- Review of existing Standard Operating Procedures (SOPs) of the company for updation and changes required to be made and updating them accordingly in consultation with concerned department heads;
- Checking accuracy of Income Tax and Sales Tax returns, annual and/or monthly, filed by the company with relevant tax authorities;
- Review of existing credit facilities being availed by the company and verification of principal and mark-up payments being made by the company as per loan agreement;
- Performing analytical review of quarterly, half yearly and annual accounts with an objective of checking compliance with disclosure requirements as per IFRSs and Companies Ordinance, 1984 and identifying, analyzing and explaining any major variances between the current and prior period results; and - Checking and reporting on efficiency and effectiveness of different production departments of the company.
MANAGER AUDIT - In a Chartered Accountants' Firm ( October 2005 to March 2007)
I have worked as audit manager in " Rehman Sarfarz Rahim Iqbal Rafique" a chartered accountants Firm in Pakistan. Rehman Sarfarz Rahim Iqbal Rafique chartered accountants, is a member firm of "Russel and Bedford International" an internationally recognized chartered accountant's Firm. My responsibilities include: - Planning of statutory audits and other assignments to execute them in effective and efficient manner;
- Review and evaluation of control environment, management's risk assessment processes and internal control policies & procedures of different clients and comparison with industry best practices;
- Preparation, examination, analysis and review of financial statements including cash flows and consolidated financial statements as per requirements of IFRSs and Companies Ordinance 1984.
- Assisting clients in preparation of Financial Statements, stand alone and consolidated, in accordance with the financial reporting framework and regulatory requirements;
- Preparation of statutory audit's as well as detailed internal audit & other specific assignment's reports;
- Regular communication with clients for discussion and resolution of issues identified during the course of audit, prioritization of issues identified and submission of details to Audit Manager/Partner; and - Review the work of juniors and ensured compliance with ICAP standards on quality work of assignments.
AUDIT SUPERVISOR - In a Chartered Accountants' Firm ( April 2002 to October 2005)
I have worked as audit supervisor in " Avais Hyder Nouman Liaqat " a chartered accountants Firm in Pakistan. Avais Hyder Nouman Liaqat " chartered accountants, is a member firm of "RSM International" an internationally recognized chartered accountant's Firm. My responsibilities include: • Execution of assignments of internal and external audits and
• Allocation of audit resources.
• Supervision of audit assignments during the execution and after their completion.
• Reviews of audit assignments to the audit manager.
• Junior's professional training and counseling.
I.T PROFECIENCY
- Have practical experience of six years, of using different modules of Oracle Suite (ERP/Information System); including Financial Accounting, Accounts Receivable, Accounts Payable & Fixed Asset Modules;
- Well aware of Accounting Software's like QuickBooks, Sage Peachtree and Tally ERP;
- One year diploma in I.T and 90 hours practical Training Course (CCPT) & ( PSTC) designed by ICAP;
- Proficient in the practical use of MS Office applications especially MS Word, MS Excel and MS PowerPoint;
My core competencies are mentioned below: - More than five years’ experience in the field of internal/external audit. - More than three years’ experience in the field of Accounts. - Professional experience in industry and top five Chartered Accountants Firms in Pakistan. - Excellent knowledge of “Accounting principles, IFRS, auditing standards, internal controls and audit approaches”. - Qualification: Associate Public Accountant, CA – Finalist, Bachelor of Commerce.
CA Inter Institute of Chartered Accountants of Pakistan 2008 Accounting & Finance
APA (Qualified) Institute Public Finance Accountants of Pakistan 2002 Accounting & Audit
B.com The University of Punjab, Lahore Pakistan. 1998 Accounting & Audit professional Experience UAE Experience
Particulars Institute / Board Year Area of Study
CA Finalist Institute of Chartered Accountants of Pakistan Continue Accounting & Finance