Management Financial

Full name : Malik Taimur Ishtiaq

Residential address : House # CB-78, Gulshan-e-Nayab, Lane No.5, Westridge III, Rawalpindi

Official address : 6th Floor, State Life Building, Jinnah Avenue, Blue Area, Islamabad

Phone (Residential) : +92-51-547****

Cell Phone : +92-345-*******

E-mail address : ********@****.*** (official)

**********@*****.*** (personal)

Actively seeking a challenging and demanding role in a dynamic professional environment where I can apply my knowledge and skills acquired through experience, thereby imparting valuable contribution towards the organization. Simultaneously, passionate to enhance and strengthen my expertise by working along with the competent professional peers through effective communication and coordination.

An experienced finance professional possessing 5 years of diversified professional experience within blend of auditing, accounting, financial management and advisory services in a multi-sector client portfolio. I have strong analytical and numerical capability as well as project and team management skills which I have acquired and put to use in many public sector and private organizations yielding excellent results.

Qualification

Institute

Major Subjects

Grade

Professional

Chartered Accountancy (CA) Finalist

Institute of Chartered Accountants of Pakistan

Financial accounting, cost & management accounting, auditing, taxation, corporate laws, economics, business management, information technology

Qualified

Academic

Higher Secondary School Certificate (12 Year High School Diploma)

Federal Board of Intermediate and Secondary Education, Islamabad

Mathematics, Physics, Chemistry, English, Urdu, Islamic and Pakistan Studies

A

76%

Secondary School Certificate (10 years Secondary School Diploma)

Federal Board of Intermediate and Secondary Education, Islamabad

Mathematics, Physics, Chemistry, Biology, English, Urdu, Islamic and Pakistan Studies

A1

86%

Job title : Senior Auditor – Team Lead

Organization name :

Country experience : Abu Dhabi, United Arab Emirates

Al-Khobar, Saudi Arabia

Islamabad, Pakistan

Date of employment : December 1, 2010 to date (5 years and 5 months)

Line of services : Audit

Financial advisory and consultancy services

Key industry exposure : - Manufacturing concerns

-Real estate enterprises

-Downstream oil and gas companies

-Construction

-Trading and services sector

-Development and rehabilitation sector (NGOs)

-Non-profit organizations.

Key engagements : - Statutory financial audit engagements

-Interim review of historical financial information

-Internal audits and review of standard operating procedures

-Agreed upon procedures

-Compliance audits

-Post grant audits as per instructions of donor organizations

-Budgeting as well as financial forecasting and modelling

-Overall organizational assessments

Major roles, responsibilities and accomplishments in diversified client portfolio for blend of audit and advisory services are as follows;

Audit and assurance

Planning, executing, performing and finalization of audits in accordance with the International Standards on Auditing (ISAs) and KPMG Audit Methodologies (KAM)

Managing relationship, effective communication, coordination and kick-off meetings with the clients’ personnel about the planning and performance of the audit including preparation of work plans to meet the stringent deadlines.

Motivating staff and encouraging teamwork and managed large teams on audit assignments and liaising regularly with engagement manager(s) and partner(s) to ensure audit objectives on each assignment were fulfilled.

Assistance to engagement manager(s) and partner(s) in identifying key risks assessment in business areas under review and reviewing the controls in place to mitigate those risks including the setting of materiality levels as per benchmark appropriate to the nature of the business.

Involved in preparation of overall robust audit strategy and audit plan as well relevant audit programs for all classes of transactions, account balances and disclosures checklists and drafting summary of significant matters.

Involved in documenting, evaluating and reviewing the clients’ internal control systems and the overall processes, policies and procedures majorly human resource, payroll management marketing, procurement, supply chain and treasury function linked with accounting and reporting along with related information technology controls.

Involved in performing test of operating effectiveness of controls to identify non-compliance with standard operating procedures (SOPs) and duly documenting the control deficiencies for the purpose of subsequent reporting in management letter (ML).

Applying necessary audit procedures primarily including analytical reviews, inquiries with the clients’ personnel, performance of walkthroughs, physical inspection, circularizing confirmations and recalculating the mathematical accuracy of documents and records.

Assistance to engagement manager(s) and engagement partner(s) in the preparation of quality deliverables primarily including the preparation of audit report in line with ISAs and local regulations, audited financial statements, the Board letter and the management letter indicating all the remedial measures for identified control deficiencies and other significant issues identified during the audit.

Preparation of engagement files, audit working papers, audit programs and other ancillary documentation in KPMG’s eAudIT software to ensure compliance with the auditing standards and best industry practices.

Internal audit and controls evaluation as well as financial advisory services

Team lead on an overall organizational assessment of organization and submission of comprehensive and detailed narrative and analytical report indicating overall business processes, compliance towards applicable laws, financial analysis, and findings of significant issues with risk categorization elaborating implications along with remedial measures.

Team lead of various internal audit engagements, business process reviews, which have been outsourced to KPMG Islamabad. Clients include, majorly manufacturing and development sector and non-profit organizations.

Active involvement in the preparation of internal audit plan agreed with the management for determining the scope of work and setting of milestones so that the engagement is completed and performed in a timely manner.

Acquired thorough understanding of the clients’ overall business processes, control environment and the applicable laws and regulations.

Duly identification of key performance indicators and suggesting improvement areas to bring operational efficiency and cost-cutting measures.

Follow up on reports issues and actions taken by management to ensure compliance thereto.

Risk management and business advisory

Aware of the roles and importance of risk assessment/management and able to apply appropriate techniques for identifying and assessing and managing business risks and possess deeper insight into the strategic role of disaster recovery planning and its operation within the organization.

Corporate finance and treasury management

Cognizant of the roles of the various stakeholders particularly banks, accountants, venture capitalists and the regulations of the code of corporate governance and secretarial practices.

Deeper insight into treasury management functions, departmental structures and controls operating within and recommending improvements thereto.

Active contribution on the daily management of the clients’ finances, insight of the financial arrangements and various sources of finance available.

Accounting and bookkeeping

Excellent grasp over double entry bookkeeping, journals, receipts and payments to the general and subsidiary ledgers up to compilation of trial balance and the financial statements.

Preparation, verification, review and consolidation of a complete set of financial statements (balance sheet, profit and loss, cash flow, statement of changes in equity and related notes)

Reviewed application of International Financial Reporting Standards and local laws in the overall accounting environment.

Regulatory compliance

Ensuring compliance with relevant laws and regulations and particularly Companies Ordinance and Income Tax Ordinance as well as correspondence with banks, legal authorities and other intermediaries.

Assistance in assessing the implication of corporate legal matters and tax regime as well as calculation of various tax liabilities.

Preparation of financial statements

Thoroughly examining and preparation the financial statements in accordance with the requirements of International Financial Reporting Standards (IFRS) and Companies Ordinance 1984.

Client Name

Engagement Nature

Market Segment

Period

Country

Role

Audit

Royal Group of Holding Companies LLC

Audit

Construction Subsidiary

March 2016

UAE

In-charge

Abu Dhabi Farmers Services Center

Audit

Trading

March 2016

UAE

In-charge

Khalifa Fund for Enterprise Development

Audit

Financial

February 2016

UAE

In-charge

GIB Capital

Audit

Financial

January 2015

KSA

In-charge

KNM Saudi Limited

Audit

Construction

January 2015

KSA

In-charge

Nestle Springs Water Limited

Audit

Manufacturing

February 2015

KSA

In-charge

ITS Arabia Limited

Audit

Construction

February 2015

KSA

In-charge

Savage Services Limited

Audit

Services

March 2015

KSA

In-charge

Trican SSOC Well Services Limited

Audit

Construction

March 2015

KSA

In-charge

Total Safety Inc.,

Audit

Construction

April 2015

KSA

In-charge

Fauji Fertilizer Bin Qasim Limited

Audit

Manufacturing

June 2015

KSA

In-charge

Human Appeal

Audit

NGO

August 2015

KSA

In-charge

Fauji Fertilizer Company Limited (FCCL)

Statutory Audit

Manufacturing

Dec 2010

Pakistan

Junior

Overseas Pakistanis Foundation (OPF)

Annual Audit

Trust

January 2011

Pakistan

In-charge

Army Welfare Trust (AWT)

Statutory Audit

Real Estate Projects

March 2011-June 2011

Pakistan

Job-in-charge

Pakistan Stone Development Company (PASDEC)

Statutory Audit

Non-Profit Organization

July 2011-November 2011

Pakistan

Semi-Senior

Foundation Gas (FONGAS)

Statutory Audit

Downstream oil and gas

November 2011-January 2012

Pakistan

Job-in-charge

Bestway Cement Company Limited (BCCL)

Half yearly review

Manufacturing

February 2012-March 2012

Pakistan

Job-in-charge

The United States Employee Association (USEA)

Annual Audit

Non-Profit Organization

March 2012-May 2012

Pakistan

Semi-Senior

Foundation University

Statutory Audit

Non-Profit Organization

May 2012-October 2012

Pakistan

Job-in-charge

Financial Advisory Services

Pakistan Poverty Alleviation Fund (PPAF)

Organizational assessment

Development sector Micro-financing

November 2013-December 2013

Pakistan

Job-in-charge

Ecopack Limited (EPL)

Internal audit

Manufacturing

December 2013-April 2013

Pakistan

Job-in-charge

Fauji Foundation

Internal audit

Non-Profit Organization

May 2013-June 2013

Pakistan

Job-in-charge

United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA)

Post Grant Audit as per UNOHCA instructions

Development sector

July 2013 to October 2013

Pakistan

Job-in-charge

Post Crisis Needs Assessment – PCNA, World Bank funded project

Internal audit

Development sector

November 2013 to December 2013

Pakistan

Job-in-charge

Participated and attended training courses and workshops on the following topics during the training period with KPMG:

E Audit trainings

KPMG Audit Manual (KAM) trainings.

Risk management.

Work efficiency and time management trainings.

International Financial Reporting Standards (IFRS).

Ethics and Independence.

Data Privacy Training.

Presentational Skill Training Course (PSTC).

Managing People.

Certificate of computer practical training, and working knowledge of Microsoft Office such as Word, Excel, Power Point and the Internet.

Sound intensive knowledge of International accounting, auditing and reporting standards pronounced by professional bodies such as International Accounting and Auditing Standards Board (IAASB) and pronouncements International Federation of Accountants (IFAC) and US GAAPs.

Good command over Microsoft Office tools, including Microsoft Word, Microsoft Excel, Microsoft PowerPoint, Microsoft Access, preparing spreadsheets, variance analysis, budgets and forecasts

Expertise over accounting software’s and ERPs including quick books, Peachtree, Oracle Financial Modules, Microsoft GP Dynamics and SAP financial applications.

Expertise over the audit industry's most technologically empowered audit through the eAudIT application of KPMG International.

Financial and Cost Modeling and P& L Accounting and bookkeeping

Excellent written and oral communication skills, including effective interpersonal and presentation skills

Possess strong analytical and numerical ability demonstrated on clients.

Financial analysis and business process reengineering

Technical report writing skills

Time, stress and workload management and ability to meet deadlines

Sex : Male

Marital status : Single

Nationality : Pakistani

Date of birth : 28th September 1988

Place of birth : Rawalpindi, Pakistan

Religion : Islam

Blood group : AB+

International driving license : Yes

Passport number : FP1844141

Urdu : Fluent in reading, speaking and writing (Native language)

Punjabi : Fluent in reading, speaking and writing (Native language)

Hindi : Good in speaking

English : Fluent in reading, speaking and writing (ESL)

Arabic : Basic

Reading informative articles on the web, newspapers, magazine and other corporate newsletters.

Freelancing as an independent consultant providing assistance to accounting and business students.

Cardio-vascular exercises and gym

Will be furnished upon request

Contact this candidate