Senior Associate, Assurance
PricewaterhouseCoopers
Total years of experience :16 years, 6 Months
o Obtaining detailed understanding of the nature of client’s business, its environment and corporate policies through meeting with process owners and review of entire Standard Operating Procedures (SOPs)
o Obtaining a thorough understanding of the regulatory environment in which the business operates, SWOT analysis, identification of critical success factors and key performance indicators and initial overall analytical review.
o Reviewing corporate policies through performance of Walkthroughs and checking their adherence.
o Reviewing and evaluating the adequacy and effectiveness of internal controls
o Performing Control assessments and testing of internal controls of various departments, significant account balances and transactions at the interim and final stages for identification of risks and control deficiencies.
o Preparing deliverables including Internal Control Memorandums and Management letters to identify significant weaknesses of internal control system of our clients and recommending improvements therein.
o Providing support to the clients in establishing charters, policies, procedures and controls around several business activities.
Clientele
- Dubai International Financial Center (DIFC)
- Al Hilal Bank PJSC
- Shuaa Asset Management
- Bank of Sharjah
- ENOC Supply and Trading Company
- Elkem Oilfield Chemicals FZCO
- EMCOR Facilities Services LLC
- Economic Zones World
- Credit Agricole Corporate and Investment Bank
Roles and responsibilities include:
o Audit planning and control
o Ensuring compliance with International Financial Reporting Standards (IFRS) and International Auditing Standards (ISAs) through review and other controls
o Client relationship management and co-ordination with various professionals like legal, actuarial and IT experts
o Ensuring proper documentation of working papers using E Audit Software ( Computer Assisted Audit Technique - CAAT)
o Reviewing deliverables prepared by audit teams including Internal Control Memorandums and Management letters to identify significant weaknesses of internal control system of our clients and recommending improvements therein.
Clientele:
Meezan Bank Limited
Askari Bank Limited
EFU General Insurance Limited
Faysal Asset Management Limited
Al Meezan Investment Management Limited
Askari Investment Management Limited
Cresox Private Limited
American Business Council
Present status: Senior Associate (KPMG Lower Gulf)
Roles and responsibilities include:
o Leading teams through planning, execution and completion stages of audits and other varied special nature engagements and assessment of audit risks of clients.
o Ensuring compliance with International Financial Reporting Standards (IFRS), International Auditing Standards (ISAs) and UAE regulations.
o Co-ordination with various professionals and experts.
o Ensuring proper documentation of working papers using E Audit Software ( Computer Assisted Audit Technique - CAAT)
o Reviewing the work papers and deliverables prepared by the audit teams
Clients:
• Standard chartered Bank
• Central Bank of UAE
Roles and responsibilities include:
o Audit planning and control
o Ensuring compliance with International Financial Reporting Standards (IFRS) and International Auditing Standards (ISAs) through review and other controls
o Client relationship management and co-ordination with various professionals like legal, actuarial and IT experts
o Ensuring proper documentation of working papers using E Audit Software ( Computer Assisted Audit Technique - CAAT)
o Reviewing deliverables prepared by audit teams including Internal Control Memorandums and Management letters to identify significant weaknesses of internal control system of our clients and recommending improvements therein.
Clients
• T’azur Company B.S.C. (c) (Takaful)
• Unicorn Investment Bank B.S.C. (c) (Investment bank)
• Turquoise Coast Investment Company (Special purpose vehicle of Unicorn Investment Bank)
• TCIC (Special purpose vehicle of Unicorn Investment Bank)
• Unicorn Global Equity Fund (Mutual fund managed by Unicorn Investment Bank)
• Global Egypt Fund (Mutual fund managed by HSBC)
• Overland Trading (Vehicle rental services)
As an Audit Supervisor, my responsibilities included:
o Leading teams through planning, execution and completion stages of audits and other varied special nature engagements and assessment of audit risks of clients.
o Review of audit working papers
o Engagement and client relationship management and co-ordination with professionals in various fields like legal, actuarial and IT experts and decision-making for resolution of critical reportable matters
o Assisting the clients in preparation of financial statements in compliance with the statutory requirements and on accounting and related technical matters
o Preparation of deliverables including Internal Control Memorandums and Management letters to identify significant weaknesses of internal control system of our clients and recommending improvements therein.
o Implementation of E - Audit software (CAAT)
Highlights of my audit experience as a team leader / member during my article-ship are as follows:
Banks & Financial Institutions:
• Habib Bank Limited
• Askari Bank Limited (Treasury Operations)
• Soneri Bank Limited
• Faysal Bank Limited (subsidiary of Ithmaar Bank B.S.C)
• Tameer Microfinance Bank
• PICIC Commercial Bank (now NIB Bank)
Insurance Companies
• EFU General Insurance Limited
• First Microinsurance Agency Pakistan Private Limited
• Central Insurance Company Ltd
Manufacturing
• ICI Pakistan Limited (subsidiary of Akzo Nobel N.V)
• Lotte Pakistan PTA Limited (formerly Pakistan PTA Limited)
Non Banking Finance Companies & Brokerage House
• Faysal asset Management Company (subsidiary of Faysal bank Limited)
• Askari Investment Management Limited
• Pakistan Capital Market Fund (open end fund)
Others
• G4S Wackenhut Pakistan Pvt. Limited
• Pak-Iran Joint Investment Company Ltd.
• Al Meezan Investment Management Ltd Staff Provident Fund
• Al Habib Capital Market Pvt. Ltd.
Certified Professional Forensic Accountant
Chartered Accountant