Muhammad Bilal
Associate Chartered Accountant (ACA), Associate Certified Public Accountant (ACPA), Associate Public Finance Accountant (APFA)
Abu Dhabi
Summary of Career
1. • Ensured that Company is fully compliant with contractual, legal and regulatory requirements;
2. • Assisted in Development and implementation of robust internal control processes;
3. • Inspected books of accounts and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions;
4. • Carried out onsite Inspections/ Investigations of the Company in accordance with the requirements of Inspection/ Investigation manual;
5. • Performed Statutory Audits, Agreed upon procedures, Descriptive audits and other assurance services;
6. • Provided assistance to private companies in the preparation of financial statements prior to third party external audit;
7. • Provided taxation services to individuals and private companies;
8. • Reviewed budgets, forecasts, analytical reports and variance analysis before submitting to BOD;
9. • Investigated frauds and conducted other types of investigations as required by Directors.
10. • Provided Virtual CFO services and Payroll services to SMEs.
A highly skilled and accomplished Chartered Accountant with a proven track record of success spanning more than 10 years. Possessing extensive expertise in financial management, auditing, taxation, and regulatory compliance, I am dedicated to delivering accurate financial analysis and strategic guidance to organizations. I have a deep understanding of accounting principles, international financial reporting standards (IFRS), and local regulatory frameworks.
I have successfully managed receivables issue of WTC and my success ratio was 95%.
I have coordinated with Software company for the implementation of a customised Leasing and Accounting software and that was successfully implemented within 6 months.
Experience as Senior Deputy Manager Internal Audit
Frontier works organisation (FWO)
01 March 2023
To date
• Responsible for ensuring that the Company is fully compliant with contractual, legal and regulatory requirements;
• Developing a risk-based Audit plan on yearly basis covering major functions and Conducting Operational, Financial, and compliance audits;
• Assisting in Development and implementation of robust internal control processes;
• Inspecting account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions;
• Reviewing data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures;
• Examining whether the organization's objectives are reflected in management activities and whether employees understand the objectives and Preparing detailed reports on audit findings
Experience as Assistant Director
Securities and Exchange Commission of Pakistan (SECP)
14 February 2022
15 February 2023
• Responsible for carrying out onsite Inspections/ Investigations of the Company in accordance with the requirements of Inspection/ Investigation manual; and
• Reviewing compliance of the Companies with provisions of applicable legal regulatory framework including Companies Act, International Financial Reporting Standards etc;
Experience as Managing Partner
M. Bilal and Co. Chartered Accountants
12 August 2020
28 February 2022
• Performed Statutory Audits, Agreed upon procedures, Descriptive audits and other assurance services;
• Provided assistance to private companies in the preparation of financial statements prior to third party external audit;
• Provided taxation services to individuals and private companies;
• Provided Virtual CFO services and Payroll services to SMEs.
Experience as Manager Internal Audit
Al Ghurair Giga Pakistan (Private) Limited
01 March 2016
28 February 2020
• Responsible for ensuring that the Company is complying with relevant laws and regulations,
• Reviewed Separate and Consolidated Accounts of the Group companies;
• Evaluated internal controls and making recommendations on how to improve;
• Reviewed budgets, forecasts, analytical reports and variance analysis before submitting to BOD;
• Investigated frauds and conducted other types of investigations as required by Directors.
Experience as Senior Audit Associate
HLB International
08 August 2012
22 February 2016
During my time with the firm, I obtained an understanding in the application of:
o International Financial Reporting Standards (IFRSs) / International Accounting Standards (IASs); International Standards on Auditing (ISAs), International Auditing Practice Statements (IAPSs), International Standards on Related Services (ISRSs), International Standards on Review Engagements(ISREs), International Standards on Assurance Engagements (ISAEs);
o HLB audit methodology; and
o Corporate and tax laws and regulations.
Master 06 January 2020
Associate Certified Public Accountant (ACPA)Master 07 January 2020
Associate Public Finance Accountant (APFA)Master 10 June 2019
Associate Chartered Accountant (ACA)