Experience as Audit Trainee

• Employer

  RSM Avais Hyder Liaquat Nauman, Chartered Accountants

• From

  31 May 2016

• To

  15 June 2017

• Detail

  I have been a part of both, External and Internal Audit teams which includes; External Audit
  o Various stock taking assignments to verify Closing stock balances at different cut-off dates.
  o Assisted in designing appropriate procedures and audit programs and modifying audit procedures throughout the engagement
  o Performed and reported audit procedures and findings in the areas of Revenue, Purchases, Stock Expenses, cash, revenue, debt, creditors, Payroll and fixed assets.
  o Maintained productive relationships with client contacts while obtaining an understanding of the business while collecting audit evidences.
  Internal Audit and Assurance
  o Evaluated the design & operating effectiveness of internal controls over financial reporting to make sure of an effective internal control function as per the COSO framework.
  o Worked closely with management to provide client deliverables in a timely and professional manner. With weekly and monthly reporting to the management.
  o Part of an internal audit team supporting the ERP function. Finding the weaknesses in the system MIS reports and applying corrective measures to ensure efficiency and objectivity.
  o Ensured the accuracy of stock management systems during the transition to Candela of a major retail client reconciling, investigating, reporting and correcting the differences.
  Key Sectors I have worked: Manufacturing, Services, Retail and Real Estate

Experience as Finance & Accounts Trainee Officer

• Employer

  Telenor Scandinavian Shared Services Center

• From

  11 December 2017

• To

  01 February 2019

• Detail

  A team member in the payments division of Source to pay department responsible for payables of more than 50 entities within Telenor Group.
  Main responsibilities:
  o Key stakeholder on entire process of payments against Invoices through Payment Process Requests using systems such as Oracle, AIM and TRAX.
  o Working in liaison with Telenor group treasury in Norway and relevant banks to ensure seamless transactions including manual payment requests and reconciliation.
  o Reporting to group treasury in the form of daily forecasts and exception reports for effective cash flow management and handling supplier’s requests.
  o Ensuring seamless payment delivery for Supply Chain Financing and critical vendors across the group.
  o Co-ordination with IT experts across the group for timely resolution of critical reportable matters of ERP and enrichment software.
  o Close co-ordination with Cash Management and General Ledger teams to ensure the correct booking of payments and reconciliation of Bank-to-Oracle balances, proactively taking corrective measures for timely resolution for any open transactions.
  o Processing of invoices for business units in Denmark region which includes registration of invoices into AP system using Opus Capita and AIM (Automated Invoice Management) firmware.
  o Ensuring correct and timely closure of payable accounts in Month and Year end closings. Key Achievements
  • Part of a merger-special account payable team to accomplish timely and efficient business combination, ensuring all payments are routed in time and account balances transferred accurately.
  • Led a project that reduced the number of open transections to ZERO in Accounts Payable to Cash and Bank Management reconciliations for the first time against largest business units in Norway and Denmark, awarded with go-together award.
  • Acted as a key member responsible for a successful “bank change over” project for the entire group, ensuring UAT testing and final cut-over aligned with all stakeholders.