Experience as Audit Assistant / Audit Supervisor

• Employer

  Horwath Hussain Chaudhury & Co.

• From

  01 November 2007

• To

  31 October 2011

• Detail

  Horwath Hussain Chaudhuary & Co., a member firm of Crowe International, is a leading and pioneer Firm of Chartered Accountants in Pakistan.
  
  Planned and conducted Internal & External audits of corporate clients to confirm financial statements' compliance with local laws and International Financial Reporting Standards (IFRSs). Arranged and led meetings with clients’ personnel to negotiate and resolve issues while overseeing corporate and secretarial matters of clients. Created financial and internal controls system manuals to increase operational efficiency of clients.
  
  Key Contributions:
  
  • Oversaw Quality Control Review (QCR) processes which helped Firm to receive Quality Control Review (QCR) rating from regulator to conduct external audit of listed clients.
  • Provided best corporate services to clients by upgrading corporate law department of firm.

Experience as Finance Manager

• Employer

  Riaz-ud-Din Engineering (Pvt) Ltd.

• From

  01 January 2012

• To

  30 September 2013

• Detail

  Riaz-ud-Din Engineering (Pvt) Ltd is one of the leading steel structure sector manufacturing and construction Company in Pakistan engaged in production and supply of pre-engineered steel frame building systems.
  
  Prepared monthly and annual accounts as well as forecasted and managed working capital requirements of running projects. Oversaw tax & corporate matters and preparation of invoices. Managed financial matters with financial institutions such as availing bank guarantees, renewal & reduction of bank guarantees, opening of LCs for import, renewal of finance facilities and availing additional finance facilities.
  
  Key Contributions:
  
  • Negotiated facilities to secure required financing for running projects and working capital.
  • Implemented ERP system across the entity to replace manual system of accounting.

Experience as Chief Accountant

• Employer

  Ghazi Fabrics International Limited

• From

  10 October 2013

• To

  25 November 2015

• Detail

  Ghazi Fabrics International Limited is a leading composite textile unit engaged in production of cotton yarn, PC yarn and grey fabric marketed both within and outside Pakistan. Company is listed on Pakistan Stock Exchange (PSX).
  
  Steered various financial operations including preparation of financial statements, bank accounts reconciliation, income & sales tax matters control and annual books closure management. Directed preparation of monthly management accounts and negotiated export documents and raw material pledge with banks. Assisted CFO in arranging fresh finance facilities and renewals to meet operational demands. Conducted budgeting and variance analysis to mitigate discrepancies for financial process excellence. Engaged in Strategic Financial Planning & Analysis and MIS Reporting of the Monthly Results.
  
  Key Contributions:
  
  • Attained sales tax/Vat refund of PKR 40M from the Tax Authority (FBR) by submitting required documents with regulator, attending meetings with the officials and continuously following up.
  • Produced and published quarterly, half yearly and annual audited financial statements on stock exchange as well as performed interim reviews in collaboration with external auditors.
  • Provided strategic leadership and guidance to a team of 20 members that assisted in achieving set targets.

Experience as Internal Auditor

• Employer

  YYT Food Corporation LLC

• From

  27 March 2016

• To

  26 December 2018

• Detail

  YYT Food Corporation LLC is a leading company in the Hospitality Sector of UAE engaged in operating a chain of Quick Service Restaurants (QSRs) in the gulf region with famous brands including Subway, Vanellis, PadThai and Teriyaki.
  
  Developed and implemented strategic audit plans after conducting risk assessment of key business areas while mitigating the risks and managing internal audit activities under annual audit plan. Organised and led visits to all outlets and central warehouse for physical stock verification and management. Collaborated with external auditors to complete annual sales audits of outlets and financial audit of company. Prepared and presented reports to management recommending improvement in processes and controls.
  
  Key Contributions:
  
  • Established, applied and upgraded SOPs across group entities for continuous process improvement.
  • Ensured high-level safety of company assets and minimised cash theft risks at high revenue generating outlets by employing effective risk control systems.
  • Devised corporate governance structure and formed Board of Directors (BOD) and its committees for company to oversee business as per best practices of Corporate Governance.
  • Transformed group from a Family Owned Business to a Corporate Business after acquisition by a Private Equity Firm by changing legal ownership of group companies across the gulf region.
  • Enabled company registration with Federal Tax Authority (FTA) as Tax Group by applying online, submitting documents and resolving queries raised by regulator; administered filing of 1st VAT Return.
  • Developed Authority Matrix to regulate financial transactions which resulted in better financial control.

Experience as Senior Internal Auditor

• Employer

  Al Sharid Auditing and Management Consultancy

• From

  25 August 2019

• To

  15 January 2020

• Detail

  Al Sharid Auditing & Management Consultancy is a leading accountancy firm providing accounting, auditing and management consulting services to small, medium and large entities operating in UAE.
  
  Managed Internal Audit Function of a major client operating in Dairy, Poultry and Feed Sectors of UAE as per Annual Audit Plan. Submitted Internal Audit Reports to Audit Committee. Conducted Follow up Reviews to ensure that Management has implemented plans as agreed. Reviewed Policy and Procedures Manuals of the Group to update as per best practices. Conducted Risk Assessment to develop Audit Plans.