Compliance Officer
AKA Management Consultancy L.L.C
Total years of experience :4 years, 9 Months
Performing real-time testing of transactions for checking adherence to the applicable governance framework i.e. DOA, Policies and Procedures etc.
Identification and closure of gaps in real-time.
Drafting of process flow for major processes i.e. liability management, payroll, sub-contractor payment certificate, scrape sales, petty cash management etc.
Developed of the Delegation of Authority matrix.
Compliance audit of petty cash expenses and checking transaction for VAT compliance.
Posting and processing journal entries into the accounting system.
Managing all accounting transactions i.e. organizing, arranging necessary documentations, scheduling.
Preparing bank reconciliation statement
Assisting month-end and year-end close process.
Preparing of Receivable & Payable control accounts reconciliations.
Ensuring compliance with financial policies and regulations.
Overseeing and reconciling petty cash expenses with petty cash book.
Developing and documenting business processes and accounting policies to maintain and strengthen internal controls
Preparing reports for management monthly meetings i.e. aging analysis, variance analysis etc.
Preparing and maintaining all records necessary for carrying out of the external audit.
External Audits & Other Assurances
Assisting clients in preparation of financial statements in accordance with the applicable financial reporting framework including IFRSs, Pakistan laws and regulations;
Identifying issues in controls and presenting them to the clients on management letters.
Actively involved in finalization and completion of statutory accounts in accordance with international financial reporting standards, international standards on auditing.
Preparation of working papers in relation to different audit procedures performed on the financial statement.
Performance of variance analysis on the Balance sheet and profit and loss of the company to identify any discrepancies.
Coordination and communication with the client regarding information required.
Verifying original source documents to perform test of details, performance of walk through and test of controls
Auditing Cash and Bank, Fixed Assets, Expenses and other low risk areas in the financial statements.
Internal Audits and Control Effectiveness Assurances:
• Preparation/Review/Design testing of Process Manuals/SOPs.
• Developing “Business Process Controls and Risks Matrixes”
• System reviews & Compliance audits
• Risk analysis and development of Annual Audit Plan & audit tests aimed at reducing audit risks
• Internal Audit Report Writing & Presentation to Audit Committee, Risk Assessment performance
• Representing firm at audit committee meetings of the clients
• Design and preparation of Audit Charter and Annual Audit Plan
I am a part qualified chartered accountant having completed CA Intermediate. I am pursuing qualification in chartered accountancy and have currently passed four papers of advance level.