Manager Internal Audit
Resume:
ALI AHMED CPA, CGA
****, ******* ******, ***********, **, CANADA. • MOBILE: +966-**-***-****. • E-MAIL: ***********@*******.*** Career Objective
To contribute positively towards the growth, development of a dynamic organization through value addition and result oriented performance utilizing the skills acquired in the process of development of my professional career.
Profile and Competencies
Proactive, dynamic and target oriented Chartered Accountant with over 11 years of diversified and in- depth professional work experience at various positions in the Fashion retail, FMCG, telecom, Oil & Gas, development sectors and PricewaterhouseCoopers (PWC)
Graduated from Oxford Brookes University (UK), member of Certified Public Accountant (CPA-Canada), an associate member of Institute of Chartered Accountants of Pakistan (CA-Pak) and a fellow member of Association of Chartered Certified Accountants (ACCA-UK)
Skilled in areas of Internal controls, Internal Auditing, Business process re-engineering, Financial reporting, Budgeting, Financial Analysis
Exceptional problem solving ability, strong communication and presentation skills, quick adaptability to changing environment
Advance level expertise of using Microsoft Office, working experience on Oracle, Oracle Hyperion, SAP Selected Achievements
Prepared Business Plan (budget) worth over US$2 billion for 17 countries. Restructuring of inventory management and staff cost led to savings of US$ 44 million
Promoted to Manager finance due to my accomplishments as internal auditor, potential impact of recommendations made as an internal auditor was approx. US$25 million
Saved US$5 million (40%) in plant fixed cost through restructuring of service agreements and staff cost
Successful completion of annual statutory financial audit by PriceWaterhouseCoopers (PWC)
Trained 700+ employees for raising ethical values and internal controls awareness
Finalized internal audit report rating and follow-up audit methodologies based on Sarbanes-Oxley Act guidelines
Formulated a Board Audit Committee charter and Internal Audit department charter
Carried out entity wide risk assessment to identify process gaps and business critical risks
Completed an external audit as a job in-charge in compliance with applicable laws and IFRSs Professional Experience
Finance Manager
Fawaz A Alhokair Fashion Retail, Saudi Arabia
(www.fawazalhokairfashion.com)
June 2015 – Apr 2018
One of the leading franchise fashion retail company in Saudi Arabia and MENA region, and is the only public listed business of its type in the Middle East with more than 2100 stores, 80 brands and 100 shopping malls in 17 countries.
Budgeting and Planning
Coordinated, developed and managed Business Plan (budget) for the entire group having operations in 17 countries and 2100 locations
Prepared business plan for five years and making amendments according to material changes in the business or the regulations which may affect forecasts
Consolidated the data for budget presentation to the Board, providing an overview of the financial status of all the operations
Monitored budget throughout the year, analyzing actual results with budget and forecast, highlighted areas of improvement, and revised action plans
Working on financial feasibilities for new business plan to determine its viability Accounting
Supervised and coordinated for monthly, quarterly and annual closure of standalone and consolidated accounts
Supervised statutory external audit of standalone and consolidated accounts Page 2 of 3
ALI AHMED, ACA, FCCA
• MOBILE: +966-**-***-**** • E-MAIL: ***********@*******.***
Supervised monthly management reporting, highlighted major reasons for periodic change in company performance
Prepared Board presentation summarizing periodic financial results Manager Accounts
Engro Corporation, Pakistan (www.engro.com)
June 2013 - May 2015
The leading name in chemical, fertilizer, dairy, commodity trading and power sector in Pakistan, public listed company with annual revenue of US$1 billion. Engro is operating multiple manufacturing facilities across the country and have a significant share in the dairy and fertilizer sectors.
Management and supervision of Accounts and IFRS based financial reporting
Finalized annual budget with emphasis to cost reduction techniques
Presented monthly management accounts with monthly stewardship of all departments
Implemented and maintained all financial controls within the business, identified and recommended potential operational efficiencies, improvements to internal controls, policies and procedures
Developed, supervised and maintained the internal audit plan that assessed business critical risks, process non-compliances and weaknesses, adequacy and effectiveness of internal controls, reliability and integrity of financial and operational information
Prepared audit committee and Board presentations for financial results, internal audit findings and major issues concerning the business
Manager Internal Audit,
Haleeb Foods Limited, Pakistan (www.haleebfoods.com) Oct 2012 - May 2013
Prepared and maintained an internal audit plan to access non-compliance, process weakness, and make recommendations to improve process efficiencies and effectiveness
Carried out operational audits to assesses the adequacy and effectiveness of internal controls and processes, reliability and integrity of financial and operational information
Carried special assignments to identify process deficiencies and recommended controls for improvement of business processes
Reviewed SOPs and risk identification for all the departments entity wide Assistant Manager Audit, Risk & Governance
Wateen Telecom Limited, Pakistan (www.wateen.com)
Oct 2010 - Sep 2012
An Abu Dhabi Group venture, with the largest fiber optic network in Pakistan provides complete internet solutions, voice, multimedia and enterprise solutions.
Supervised internal audits and reviews, making recommendation to add value to organization
Developed and maintained Internal Audit plan that assessed the adequacy, effectiveness of internal controls and processes, reliability and integrity of financial as well as operational information
Reviewed and updated the Enterprise-wide risk assessment (EWRA)
Maintained current internal auditing knowledge in order to contribute to the development and continuous improvement of internal auditing methodologies, processes and services Senior Associate,
A.F. Ferguson & Co. Chartered Accountants (member firm of ), Pakistan
(www.pwc.com.pk)
Dec 2006 - Sep 2010
Big4 accounting firm providing assurance, business advisory and corporate services to clients include blue chip companies, financial institutions and multinationals.
Implementation of ORACLE Hyperion, a tool for financial and operational budget preparation and monitoring at Allied Bank Limited, one of the largest commercial banks
Implementation of SOX framework recommendations and development of an effective and efficient Internal Audit function at two of the largest banks in Pakistan i.e. MCB Bank and The Bank of Punjab. The scope included business process re-engineering, development of risk register, developing internal audit manual and risk based internal audit methodology in order to mitigate risks specific to the nature of banking business
Page 3 of 3
ALI AHMED, ACA, FCCA
• MOBILE: +966-**-***-****. • E-MAIL: ***********@*******.***
Internal Audit and business process re-engineering of Gulistan Group of Companies, one of the leading names in textile sector. Areas documented included revenue and receivables, production, inventory management
Statutory audits of financial statements. It includes preliminary planning, gathering preliminary information of client’s industry, holding preliminary meetings with client’s top management, making preliminary risk assessments and development of initial audit plan
Management, supervision and coordination of audit work being performed. Review, analysis and conclusion on work performed. It includes in depth review of audit work performed by audit team, analyzing the results of audit procedures, drawing conclusions from the results Professional Qualification
CPA,CGA – Member 2017
Chartered Professional Accountants Ontario, Canada Certified Budget Analyst (CBA) - Associate Member
2016
International Academy of Business and Financial Management (IABFM), USA Chartered Accountant (CA) - Associate Member
2011
Institute of Chartered Accountants of Pakistan (ICAP), Pakistan Fellow Chartered Certified Accountant (FCCA) – Fellow Member 2005 Associate Chartered Certified Accountant (ACCA), UK
(Equivalent to Masters, as determined by UK education system) BSc. (Hons.) – Applied Accountancy (First Class) 2005 Oxford Brookes University, UK
(Equivalent to Bachelors four years, as determined by World Education Services, Toronto, Canada) Trainings Attended
MS Excel Power Pivot, Monte Carlo Simulations
Team Building, Effective Communication, Goal Settings 2016
2012
ORACLE financial module training conducted by PriceWaterhouseCoopers 2010
Attended various training and seminars conducted by the PWC Pakistan for professional development under PWCs global programs 2009
SAP training (Treasury and Cash Management)
MS Office Suite – Word, Excel, Power Point, Visio, Project, Publisher 2004
2004
References
Available on request
Contact this candidate