Experience as Senior Associate Audit

• Employer

  KPMG TASEER HADI AND COMPANY

• From

  22 July 2015

• To

  31 August 2018

• Detail

  Duties and Responsibilities:
  Responsible for managing various assignments including Full Scope Audits, Cost Audits, Overseas Financial Reporting, Limited Compliance Reviews, Risk Advisory Services Engagement and Agreed upon Procedures in accordance with IFRS and local regulatory requirements. The ensuing bullets describe the major tasks I performed during my professional experience with KPMG:
  • Understanding and strategic evaluation of client’s business and industry using SWOT and PEST analysis techniques for identification of significant business risks and critical success factors.
  • Planning/scheduling of audit programs and ensuring timely completion of audits with the use of KPMG Audit Methodology and the software (E-Audit).
  • Review the working papers of the audit team members and getting it reviewed by the Engagement Manager/Partner.
  • Perform in?depth analysis of operating cash flows and their discounting for the assessment of the entity’s ability to continue as a going concern or for impairment testing.
  • Extensive application of the International Financial Reporting Standards (IFRS’s) and Local GAAP’s and prepare financial statements to ensure compliance there with.
  • Report to the Group auditors on Reporting Packages of Multinational clients in accordance with applicable reporting frameworks including US GAAP’s.
  • Prepare financial statements, reports, management letters and other client deliverable/communication.
  • Ensure cost effectiveness by staying within the budget limits.

Experience as Assistant Manager Accounts

• Employer

• From

  04 September 2018

• To

  07 August 2019

• Detail

  • Expert in preparation and implementation of Annual Budget. Highlighted reasons of variance between budgeted and actual figures at year end.
  • A good Team player with the ability to communicate and collaborate with multiple parties like Banks, Customers and etc.
  • Good management of Accounts Payable/Receivables and Improve working capital cycle by reducing receivables days and increasing payable days.
  • Expert in managing payroll and process salaries at month end.
  • Expert in preparation and presenting monthly financial reporting packs with detailed financial analysis to allow decision-making.
  Duties and Responsibilities:
  • Monitored and maintained the chart of accounts to ensure smooth, effective, and efficient daily work practices.
  • Supervised and assisted with periodic reconciliation’s, account analysis, monthly management reports, inventory valuation and closing procedures at month end.
  • Analyzed daily cash balance of bank accounts to project periodic cash flow and performed annual cash flow forecast to improve business’s liquidity.
  • Ensured proper recognition of revenue and expenses for departmental cost center activity. Review, sign and post all vouchers from accounting sections.
  • Reviewed monthly bank reconciliations (BRS) and ensured that all open items are investigated and cleared within one month appearing in the BRS.
  • Responsible to draw feasibility of potential consignments for its acceptance/refusal. Performed costing of each consignment to determine selling price with the coordination of sales and procurement department.
  • Managed accounts payable/ receivables and Inventory to improve working capital cycle and performed monthly reconciliations.
  • Prepared financial statements, financial reports, accruals and journal entries, and maintained reconciliation’s for all balance sheet accounts in established corporate formats and in accordance with GAAPs.
  • Assisted the superiors in preparation of annual budgets (CAPEX, OPEX and Cash Budget) and reforecasts exercise.
  • Ensured monthly tracking of plan verses actual & explanation of variances where required, led the quarterly forecasts and worked with superiors to track progress.
  • Reviewed GST and other Tax returns / filing requirements as per local laws.
  • Provided training and coaching to team members where necessary to perform their task & duties in efficient manner.
  • Responsible for development and custodian of in-process controls and their regular testing to ensure they are effective.