Ali Tremazi
Finance and Accounting
Sharjah
Summary of Career
1. Experienced Chartered Accountant with over 12 years of work experience,
2. including 6 years in external auditing at Deloitte Pakistan
3. and 6 years in financial management at 3 different financial service organizations,
4. currently working as Financial Controller in a major Asset and Wealth Management company in Pakistan.
5. Strong grip over IFRS, GAAP , ISAs, Taxation, Budgeting and Consolidation with strong communication and leadership skills.
6. Able to lead and manage a team of professionals to deliver high-quality work.
7. Overseeing the financial management of the company, including budgeting, forecasting, and reporting (Including Private Equity and Venture Capital Fund).
8. Managing fund capital forecasting, working with tax advisors on tax compliance, reviewing valuations, overseeing financial strategic planning, and aligning financial strategy with company's objectives.
9. Demonstrating exceptional leadership skills and ability to mentor and develop a high-performing finance team.
10. Leading the company through successful audits and regulatory examinations with no major findings.
Experience as Senior Audit Associate
Deloitte Touche Tohmatsu
03 January 2011
15 December 2015
• Spearheaded and successfully completed multiple audit engagement of various entities which included Banking Companies, Non-Banking Finance Companies, Steel manufacturing companies, Construction Companies, and the Textile sector.
• Ensured the delivery of high-quality audit work – from planning to completion of an Audit, including the review of financial statements, ensuring that it meets Deloitte and regulatory standards;
• Exceptional Consolidation skills through self developed excel based consolidation model resulting in real time consolidated accounts demonstrated in the preparation of consolidated accounts of a listed company with 10 subsidiaries.
• Spearheaded large Bank’s Internal Control over Financial Reporting Assignment teams including preparation of the Factual Finding report.
• Built meaningful relationships and demonstrated curiosity that allowed me to have insightful conversations and provided visible challenge during the Audit;
• Built reputation as an expert in financial services industry verticals and gained reputation for providing specialized services to clients.
• Led and mentored junior staff members on audit procedures and best practices, resulting in improved performance and knowledge.
• Demonstrated strong understanding of accounting principles and regulations, such as GAAP and IFRS, and applied them to audits.
• Developed and maintained relationships with key clients, leading to repeat business and positive feedback.
• Consistently met or exceeded budgeted hours on engagements.
• Communicated effectively with clients and audit teams to identify and resolve issues during engagements.
• Successfully identified and reported on potential fraud and internal control weaknesses during audits.
• Regularly reported to management on the status of engagements and any potential risks.
• Successfully managed and completed multiple concurrent engagements, ensuring deadlines and budgets were met.
• Led the completion of areas of complex or judgmental audit work which includes the identification of issues, analysis of data, articulation of findings, and the ability to draw informed conclusions.
• Demonstrated a commitment to professional development and staying current with industry developments and changes in regulations.
Experience as Senior Manager Finance
JS Investments Limited
16 December 2015
30 November 2019
• Presented Financial Reports of funds and Asset Management company under IFRSs and relevant statutory requirements (Companies Act , NBFC Regulations, PSX Rules, Listed Companies Code of Corporate Governance Regulations).
• Achieved 100% compliance with NBFC & other regulatory requirements of all funds under companies management
• Managed liaison with Company's external and internal auditors
• Conducted review of financial reporting; transmit to internal and external stakeholders.
• Developed and implemented automated valuations of derivative Instruments and Margin Trading System securities, reducing processing time by 30%.
• Enhanced ERP software functionalities related to the Finance department & Investments department by automation of 80% of daily tasks.
• Led the launching of 13 Mutual Funds and the merger of the funds
• Development of system-based MIS reports for Finance Department
• Built mechanism for automated Debt Instrument Valuation for all funds under management
Experience as Assistant Manager Audit & Assurance
Deloitte Touche Tohmatsu
01 December 2019
30 November 2020
• Conducted regular reviews of audit work to ensure compliance with professional standards Quality Control Review Policy and identified and addressed any deficiencies.
• Maintained a database of relevant reporting and accounting literature to assist in researching while resolving contentious issues arising during the performance of EQCR
• Successfully managed and completed multiple high-profile and complex audit engagements on time and within budget.
• Developed and implemented new audit procedures as per Deloitte Audit Methodology and protocols to improve efficiency and increase the accuracy of financial data.
• Demonstrated strong analytical skills in identifying and mitigating risks in clients' financial operations, resulting in successful outcomes for clients.
• Led a team of junior auditors, effectively mentoring and training them to improve their skills and knowledge of auditing standards and Deloitte Audit Methodology.
• Trained and mentored audit staff on best practices for audit quality, leading to improved performance and fewer errors.
• Demonstrated high level of professional and ethical standards in all engagements, resulting in strong client relationships and repeat business.
• Consistently met or exceeded performance targets for billable hours and revenue generation for the audit department.
• Implemented technology solutions, such as EMS and AS2, to automate and streamline the audit process, resulting in increased efficiency.
• Built reputation as an expert in Financial and Banking services industry verticals and gained reputation for providing specialized services to clients.
• Successfully identified and resolved difficult and complex accounting and auditing issues, resulting in positive outcomes for clients.
• Actively participated in the development and implementation of internal controls and procedures to ensure compliance with regulations and standards.
Experience as Senior Vice President
EFU General Insurance Limited
01 December 2020
31 January 2022
• Built dynamic investment projection dashboards to highlight key performance indicators, business metrics, and analytics in a visual and interactive way.
• Successfully managed and grew the company's investment portfolio, resulting in increased returns and improved financial performance.
• Developed and implemented risk management strategies to mitigate potential losses and protect the company's assets.
• Implemented and maintained compliance with regulatory requirements and industry best practices to ensure financial integrity.
• Enhanced Solvency reporting for Conventional and Takaful Insurance for regulators and Periodic Report.
• Remodeled working papers and presentation for Investment Committee Meetings resulting in timely decisions.
• Headed Company’s Annual Report organization and transformation project resulting in achievement of Runner Up position in Best Corporate Report Award 2021.
• Effectively coordinated with securities custodian, banks, brokers and clearing company for timely execution of equity and fixed income deals.
• Established and maintained relationships with key stakeholders, including banks, rating agencies, and regulatory bodies.
Experience as Financial Controller
Lakson Investments Limited
01 February 2022
To date
• Successfully managing and directing the financial operations of the company, including treasury oversight and management of funds, developing budgets, and meeting business requirements.
• Implementing robust financial systems and controls to ensure compliance with regulatory requirements and industry best practices.
• Utilizing technology to optimize financial and regulatory reporting, tax filing, and external audits.
• Producing accurate and timely financial reports providing valuable insights for business decisions..
• Working with tax advisors on tax compliance for fund entities including strategic tax planning.
• Reviewing valuations on annual basis including quality assurance on investment valuation models and preparation of materials for the Valuation team (Private Equity and Venture Capital Fund).
• Working closely with IT, operations, and solution providers to ensure full and timely compliance with the new requirements.
• Leading the company through successful audits and regulatory examinations with no major findings.
• Demonstrating exceptional leadership skills and ability to mentor and develop a high-performing finance team.
• Overseeing the financial management of the company, including budgeting, forecasting, and reporting (Including Private Equity and Venture Capital Fund).
• Exceptional group Consolidation skills resulting in real-time consolidated accounts.
• Managing fund capital forecasting, working with tax advisors on tax compliance, reviewing valuations, overseeing financial strategic planning, and aligning financial strategy with company's objectives.
• Ensuring compliance with local financial laws and regulations.
Bachelor 31 December 2008
Bachelor of Commerce from University of KarachiOther 19 February 2019
Chartered Accountancy from Institute of Chartered Accountants of Pakistan