Asif Toor
Accounts, finance, and Internal Audit
Dubai
Summary of Career
1. • Qualified ACMA from CIMA UK; CGMA from AICPA USA
2. • 15 years of experience in Audit, Accounting and Finance
3. • Developed annual Audit schedule based on audit scope defined by the management
4. • Proposed and implemented risk-free procedures of various financial activities of the company such as customer receipts’ verification, customers’ files transfers, mergers, and refund processes
5. • Developed and updated the risk-mitigation techniques to counter the risk of the company due to changing financial; social and economic environment
6. • Produced monthly financial statements with their analysis for the management
7. • Managed the cash flows of the company in order to maintain the appropriate working capital
8. • Supervised company’s dealing with customers/suppliers to produce cash/petty-cash books from the information received on a regular basis from the clients/suppliers
9. • Supervised the preparation of financial accounts as well as the annual financial statements
10. • Led the team to design an appropriate system for collection; analysis; and reporting of purchase and nominal ledger transactions
Experience as Assistant Manger Accounts and Finance
World Mark International
01 September 2006
31 January 2010
• Produced monthly financial statements with their analysis for the management
• Led a team to supervise accounting treatment of all financial data and its links with the financial statements
• Managed the cash flows of the company in order to maintain the appropriate working capital
• Successfully managed the receipts and payments accounts by setting up acceptable procedures for both customers and suppliers.
• Supervised collection of source documents to validate financial transactions and ensured timely entry of the information into books of prime entry
• Maintained accounting controls by preparing and recommending policies and procedures to enhance internal control
• Reconciled financial discrepancies by collecting and analyzing account information
Experience as Manager Accounts and Finance
Shahzad Traders PVT LTD
01 February 2010
31 March 2014
• Developed and documented procedures and reports for all accounting functions (sales & purchase ledgers, credit control, bank and petty cash, month end accounts, debtors and creditors, year-end reports).
• Provided training to all other members of the department to use the new accounting system
• Supervised the preparation of financial accounts as well as the annual financial statements
• Assisted the statutory auditors in evaluating the internal control systems of the company by providing them a roundup of all the system processes as well facilitating their work through provisions of appropriate documentations
• Supervised company’s dealing with customers/suppliers to produce cash/petty-cash books from the information received on a regular basis from the clients/suppliers
• Led the team to design an appropriate system for collection; analysis; and reporting of purchase and nominal ledger transactions
• Participated in evaluation of a new internal reporting software
Experience as Senior Accountant
GEMS Management Consultancy
15 April 2014
31 March 2016
• Produced monthly financial statements with their analysis for the management
• Led a team to supervise accounting treatment of all financial data and its links with the financial statements
• Managed the cash flows of the company in order to maintain the appropriate working capital
• Successfully managed the receipts and payments accounts by setting up acceptable procedures for both customers and suppliers.
• Supervised collection of source documents to validate financial transactions and ensured timely entry of the information into books of prime entry
• Maintained accounting controls by preparing and recommending policies and procedures to enhance internal control
• Reconciled financial discrepancies by collecting and analyzing account information
Experience as Senior Audit Officer
Bahria Town Pvt
16 May 2016
31 March 2017
• Coordinated with risk, and risk control-related activities within internal audit department
• Conducted risk assessments and identifies controls in place to mitigate risks
• Supervised internal procedures to ensure timely completion of merging/possession/refund of customers’ files
• Analyzed and ensured compliance of company policies
• Assessment and mitigation of fraudulent activities
• Correspond with inter department regarding compliance of audit policies
• Prepared timely audit reports for executive management
Experience as Manager Internal Audit
03 April 2017
15 February 2020
• Developed annual Audit schedule based on audit scope defined by the management
• Led a team of audit personnel to implement audit planning strategies as well as performing operational and financial audits
• Proposed and implemented risk-free procedures of various financial activities of the company such as customer receipts’ verifications, customers’ files transfers, mergers, and refund processes
• Developed audit plan for all the land development projects of the organization
• Developed the audit parameters for the verification of IPC (Interim payment certificate) against development work
• Reviewed all the land development related contracts and identified the risks and advice their mitigation plans related to third party contractors
• Developed and updated the risk-mitigation techniques to counter the risk of the company due to changing financial; social and economic environment
Master 01 January 2012
M.B.A In Banking and Finance with 3.7 CGPAOther 06 April 2017
Chartered Management Accountant from CIMA-UK