Rao Rashid Ali
Audit, Finance and Tax
Duabi
Summary of Career
1. Assist in preparation of Annual Audit plan and budget of Audit Group.
2. Preparation of Monthly/Annual Accruals of Audit Group.
3. Reviewing Monthly Accounting records in GLs to ensure proper recording of expenses.
4. Performing variance analysis to get a better picture of expenditures.
5. Timely submission of information pertaining to Audit Group to State Bank of Pakistan Inspection team and External Auditors.
6. Understanding the client’s transaction recording system and reporting as per IFRS, IAS
7. Perform audit procedures during assignments
8. Reviewed internal control systems and identify weakness in the internal control system
9. Perform Sampling to conclude the population.
10. Reviewed financial statements & working papers to form audit opinion as per statutory and professional standards
Experience as MIS Officer Audit and Risk Asset Review Group
MCB Bank Limited
14 May 2018
20 November 2019
Assist in preparation of Annual Audit plan and budget of Audit Group.
Submission of Audit/MIS reports to respective Business Groups.
Perform administrative and HR functions related to Audit Group including coordination with Human Resource Management Group and other Groups for matters relating to staff.
Preparation and submission of Audit Group expense to the Centralized Accounts Division.
Preparation of Monthly/Annual Accruals of Audit Group.
Reviewing monthly Accounting records in GLs to ensure proper recording of expenses.
Performing variance analysis to get a better picture of expenditures.
Timely submission of information about Audit Group to State Bank of Pakistan Inspection team and External Auditors.
Timely preparation of periodic MIS reports for Audit Management
Experience as Audit Associate
ASLAM MALIK & CO, CHARTERED ACCOUNTANTS (A MEMBER FIRM OF UK 200GROUP)
09 February 2016
31 January 2018
Plan, execute and finalize audits
Conducted statutory external audits of public and private companies as per International
Standards on Audit (ISA), International Accountings standards (IAS) and International Financial
Reporting Standards (IFRS)
Reviewed financial statements & working papers to form audit opinion as per statutory and
professional standards
Identified, investigated, and evaluated audit findings
Conducted opening & closing meetings with senior management of the entities under audit
Assisting clients in the preparation of financial statements under IFRS and other directives of local regulatory authorities.
Experience as Audit Associate
RSM Avais Hyder Liaquat Nauman, Chartered Accountants
18 August 2015
18 December 2015
Understanding the client’s transaction recording system and reporting as per IFRS, IAS
Perform audit procedures during assignments
Assisted in quality control review in the supervision of Audit Manager
Reviewed internal control systems and identify weaknesses in the internal control system
Perform Sampling to conclude the population
Other 17 August 2009
Certified Accounting Technician ACCA Global Body - UKBachelor 20 March 2017
Bachelor of Science (Hons) in Applied Accounting Oxford Brookes University, UKOther 30 June 2019
ACCA Member ACCA Global Body - UK
Finance & Business Management Professional
Dubai