NAUSHAD ALI 079********

ad3x38@r.postjobfree.com

London N13

Personal profile

Qualified accountant for over 10 years and having continued professional development and am now a Fellow of the Association of Chartered Certified Accountants (FCCA)

Experience of banking, insurance and investment management sectors of finance, compliance, risk management and accounting as well as in the not for profit sector.

Have auditing experience under US SOX, C-SOX, J-SOX, Loi sur la Sécurité Financière and the UK Combined Code.

Employs a logical analytical approach to solving complex problems

Able to work under own direction and possesses excellent communication skills to help build a rapport with clients and colleagues alike.

Proven team player, who has introduced award winning initiatives.

Have passed both UK MoD and US DoD security clearance checks and am also CRB cleared.

Career summary

John Lewis Partnership (Oct 2023)

Senior Internal Auditor

Provide independent objective assurance to the Audit & Risk Committee through the delivery of Internal Audits (IT and non-IT).

Lead and / or support delivery of high quality, clear and concise audit reports to support the delivery of Internal Audit’s plan.

Support the design of improvements to Internal Audit’s auditing practices, methods, procedures, documentation and quality.

Act with an independent mind and demonstrate an ability to draw objective, logical and fit for purpose conclusions.

Sumitomo Mitsui Trust Bank (Jan 2023 - May 2023)

Assistant Manager

Developed and maintain good communication with e.g., all members of London IAD, HOIAD, branch members, and regulatory authorities.

Introduced a new method which aided the stakeholder management process.

Developed and implement initiatives to maintain team cohesion and wellbeing.

Maintained strong working knowledge of the UK regulatory requirements and appropriately apply them to the internal audit practices.

Worked across multiple business risk areas such as Treasury front and back office, regulatory compliance and enterprise risk management areas

Utilised time management skills to ensure the Annual Risk Assessments are completed timely and to high quality.

Executed fieldwork (including J-SOX testing) in a timely manner and of good quality.

Review of controls related to identification, monitoring and management of Market Risk specifically interest rate risk and following market events liquidity risk

Review of the development and validation of the current ORSA model and understanding stress of the testing models including validation and methodology

Validation of regulatory issue reporting by the planning the audit of 2nd LOD department

Reviewed J-SOX testing files/documentation and perform testing, where needed.

Monitored all relevant inputs to RSA Archer are done timely, completely and accurately.

Appropriately managed and coordinated individual internal audits including, co-sourcing or other arrangements e.g. contractors. Ensured the results of each audit is effectively reported to the Head of Department, Head Office Internal Audit Department (HOIAD) and Senior Management.

Monitored the progress of remedial actions taken by the Branch and Subsidiary. Follow-ups, validation of remediation evidence and the Audit Findings Tracking Report (AFTR) are appropriately completed in a timely manner and reported to HOIAD

Provided relevant assistance and/or advice to Management of the Branch and Subsidiary, maintaining integrity, objectivity and independence at all times.

Developed, maintained and applied appropriate knowledge of rules, policies, procedures and standards of HOIAD and/or the Bank.

Ensured IAD policies and procedures are reviewed at least semi-annually and submitted to HOIAD in a timely manner.

Participated in periodical meetings with HOIAD regarding the IAD activities.

Assisted the Head of Department in cooperating with HOIAD auditors during their on-site audit at the Branch or Subsidiary, when requested.

Assisted the Head of Department in cooperating with examiners from both UK and Japanese regulatory authorities.

Developed the audit methodology tools to reasonably minimise audit risk

Introduced a 3-way match process to improve the completeness of audit coverage to ensure more accurate terms of reference (TORs) are delivered to clients and thus resulting in a more concise audit plan.

MS Amlin (Sep 2022 – Dec 2022)

Principal Auditor

1.Undertook JSOX reviews (in lead and supporting roles) across a range of business areas for Client’s entities, using in house software as well as external platforms that include Teammate and Xactitum

2. Contributed to the JSOX compliance programme by performing controls testing, reviewing workpapers, validating JSOX remediation plans, proposing control enhancements to improve the efficiency and effectiveness of controls and work collaboratively with the business in a timely manner

3. Maintained complete, adequate and accurate working papers in line with Audit Execution Methodology

4. Liaised with audit stakeholders throughout the audit process

5. Drafted JSOX findings to highlight areas of risk and failures in the JSOX control framework

6. Line management responsibility for junior IA team members as required during audits

7. Contributed to / participate in initiatives aimed at enhancing the audit methodology

G4S – (April 2022 – May 2022)

Senior Internal Auditor

Short term assurance PROJECT For the G4S board

Supervising a junior auditor

Aviva – (November 2021 to December 21) Contract ended due to positive COVID result

Financial Control Reporting Framework Manager

Taking responsibility for identifying UK GI FRCF control issues, in line with the FRCF methodology. Using the application of professional judgement for example around materiality and appropriate mitigation controls and actions.

Performing FRCF assurance activity for the UK GI Market. This supported Annual, Half yearly and quarterly reporting, including IFRS, Solvency II and APM reporting

Audited the underlying assumptions of actuarial models.

Preparing UK GI Market level scoping & risk assessments.

Liaising with local external auditors in relation to delivery of FRCF assurance activity and any areas of reliance for the external audit.

EAST SUSSEX COUNTY COUNCIL (October 2021 to Nov 2021)

Senior Auditor

1.To carry out audit activities, in accordance with the approved Audit Plan and in compliance with Code of Practice for Internal Audit in Local Government in the UK, internal quality procedures and within agreed performance targets for timescales and budgets.

2.Secure through management, the installation of soundly based systems and internal controls within the services provided by the County Council and other bodies to whom internal audit services are delivered.

3.Review, appraise and report upon systems, controls and procedures to ensure that they are efficient, economic and effective.

4.To assess options for improvements to the control environment and make recommendations to managers that are practical, cost effective, evidence based and prioritised based on risk.

Mazars (February 2021 – October 2021)

Senior Internal Auditor

Performance of internal audit fieldwork including closing meetings with the management team.

Preparation of draft internal audit reports.

Assisted on a special assignment which may have consequences with respect to criminal and civil litigation

Providing on-the-job training and supervision of junior team members.

Considering the needs and skills of those under supervision, organising tasks and responsibilities.

Controlling assignments from planning through to preparation of draft reports in line with agreed timescales.

Building strong working relationships with the client.

Kent County Council (September 2019 – February 2020)

Senior Internal Auditor

Provide Internal Audit services primarily to the host Council but, also to a wide range of external clients

Verifying statutory returns to the Environment Agency

Control and risk reviews on system migrations

Performing operational reviews to ascertain the adequacy and effectiveness of systems to manage risks

Making recommendations to improve internal controls and the control environment

Identified and audited a previously unaudited impairment issue which could have resulted in significant portfolio overvaluation in one firm, which resulted to corrective actions in its sister company.

Corrected an oversight with regards to lack of performance of supplier due diligence.

The Natural History Museum (December 2018 – July 2019)

Senior Internal Auditor

Performed operational reviews to ascertain the adequacy and effectiveness of systems to manage risks to the achievement of Museum objectives.

Making constructive and pragmatic recommendations to improve the management of risk.

Assisted in the development of the current Anti Bribery and Corruption Policy

Developing audit strategy and planning

Performed Grant Audits for EU expenditure in anticipation of the UK Exit from the EU

Developed new ways to improve audit efficiency while minimising disruption to departments being audited

Developed audit reporting methodology

Identified systemic deficiencies and made recommendation to existing system controls.

As my role within the museum grew I had to become an “expert” on a wide range of issues from counterfeiting, cyber security, health and safety, to project management.

Learning about how to audit controls for an organisation that had multiple revenue streams as an educational space, event space, retailer of fast moving consumer goods, as well as a scientific institution.

Safran Electric and Power UK (Aerospace Engineering) (July 2016- October 2016)

Internal Auditor

Completed internal audit campaign for 2016 ahead of schedule

Assessed the robustness of the processes in place through procedure checks, business interviews and formal testing of the key drivers of the business such as Sales, Purchase, Programs and Trade Compliance

This remit involved ensuring that due diligence procedures (KYC) for new customers and vendors were being followed

Define and validate business action plans for non-compliant controls which would have to be set up to reach the required levels of compliance.

Coach and reviewed junior team members in the delivery of audit work

Used SAP and in-house Safran software to obtain audit evidence

Liaised with external auditors in their interactions with Finance.

Worked remotely to execute the audit campaign with managers who were based in offsite in the premises of the parent company (France).

Developed with management how to present audit evidence without compromising commercial, and security sensitivities.

Chaired meetings to develop action plans and facilitate inter departmental co-operation.

Defined and developed the audit strategy for the following year by getting key stakeholders to champion them

Improved the recording and logging of audit evidence, thus making it easier to be rolled forward when appropriate.

Manchester Underwriting Management (Lloyd's Market Managing Underwriter) (Feb 2016 -July 2016)

Delegated Authority Operations and Audit

Researching and understanding the requirements of capacity providers, Lloyd’s and UK and relevant local overseas regulatory requirements

Liaising with the Insurers who provide underwriting capacity, coverholders and third party claims administrators

Co-ordinating activities with underwriters and claims handlers

Managing involvement in the commissioning of coverholder / claims administrator audits and ensuring recommendations arising are resolved in a timely fashion.

Bank Reconciliations - reconciling the cash book to multiple bank accounts and resolving any carried forward issues.

Internal audit including documentation of controls process and other operations relating to the processing and recording of bound risks.

Co-coordinating with third party service provider for example for the provision of health and safety audit work

Developing the test plan for the new underwriting protocols

Testing the accounting integrity of the new underwriting software and reporting the results to the IT manager.

(September 2014 to January 2016) Went travelling returning in October 2014 and interviewed for multiple roles in this period. Got to various second and final stage interviews. Interviewed with Manchester Underwriting at the end of November 2015, as there was little movement went travelling again in December 2015 and re-interviewed with them January 2016)

Langham Hall (Accountancy Practice)

Senior Compliance Auditor (February 2014 - July 2014)

Client risk assessment and due diligence for new and existing clients developing an understanding of the client's risk control framework, and working with them to improve their controls as part of the function of providing independent depositary oversight.

Ensure that clients are in compliance with the FCA AIFMD regulations due to come into force in July.2014.

Perform high level analytical real time operational and financial audit reviews around all of a fund's events and processes as they pertain to investors identifying risks around the above processes and seeking to minimise risks to investors e.g. distributions, drawdowns and investor transfers, so as to ensure they are compliant with their limited partnership agreements.

Continually improving the risk management framework in relation to work of depositary.

Canada Square Capital (Angel Investors)

Decision Support September 2011 - January 2014

Providing written analysis and evaluation of investment concepts that have been presented to the equity partners.

Assessing concepts for their potential viability primarily using SWOT analysis.

Would provide recommendations to invest.

Rahman & Co Chartered Certified Accountants

Accountant (Sub-contractor) February 2010 – December 2010

Advising management such as identifying and explaining cost and revenue drivers and trend analysis.

Preparation of client accounts including income statements, statements of financial position and reconciling cash book to bank statements, in accordance with UK accounting standards.

Involve (Charitable Organisation)

Risk Management and Operational Consultant September 2009 – January 2010

Helped establish the risk management framework and promote a culture of awareness.

Drafted policies and procedures consistent with local regulation.

Drafted policies for Intellectual Property and Data Protection policy; and corporate training procedures.

Conducted a gap analysis between existing internal controls and the company’s risk appetite on behalf of Senior Management; also provided subsequent recommendations.

Helped restructure and improve the efficiency of the resource management process.

Helped embed the use and preparation of improved financial management information.

Macmillan Cancer Support

Internal Audit July 2009 – August 2009

Performed a value for money review concerning the effectiveness and governance of the organisation’s marketing partners.

Advised on the development of strategic partnerships to improve services.

Introduced a new process to improve the organisation’s ability to assess its competitor analysis

Brac UK (Charitable Organisation)

Management Support (Contract) August 2009

Advising on the development of strategic partnerships to enable improved service to users and creating a new process to better assess the organisation’s service offerings in comparison with its competition

Reported to the board of the findings of my analysis to the brief given

In November 2007 I took the decision to leave EY to look after my mother, who had been diagnosed with cancer. During this time I finished my exams for my ACCA qualification and also participated in charity runs to raise money for: Cancer Research; UK; Plan International; Breast Cancer Care, Breakthrough Breast Cancer and MIND.

Ernst & Young

Auditor – Insurance September 2006 – November 2007

Performed audit tests including analytical reviews and substantive fieldwork.

Conducted walkthroughs of key business processes, identifying key risks and controls and communicated deficiencies to the client on a timely basis.

Planning audits

SOX 404 testing of client internal control frameworks.

Performed regulatory reviews to ensure clients complied with FSA and other industry guidelines.

Reviewed financial statements in UK GAAP, US GAAP and IFRS; and advised where deviations occurred.

Coached junior colleagues.

Playing a pivotal role in the management of the assigned audit area with sole responsibility for the delivery of smaller clients.

Secondments included:

Conflicts Team

Performing conflict of Interest review of new and existing audit and non-audit assignments, preventing them happening and minimising the impact if and when they arose.

Clients included:

Aon; AE Grant; Norwich Union; Combined insurance Companies of America; JZEP; 02; Publicist SA; and Deluxe

Abn Amro Mellon

Compliance Monitoring (Contract Role) July 2006 – September 2006

Fiduciary monitoring to ensure compliance with internal and regulatory requirements.

Prepared internal reports, including money laundering briefing reports, new training guidelines.

Resolved fiduciary issues with clients; and identified and escalated material issues to the Senior Management.

Acted as first point of contacts for clients to help resolve operational and technical issues relating to the fiduciary monitoring process.

Maintained an awareness of trends and developments in the industry and advised on their potential implications.

HSBC

Compliance Monitoring September 2002 – July 2005

Performed Investment monitoring duties for a range of funds where HSBC was the trustee.

Working alongside management teams to complete company reports timely and accurately.

Responsible for monitoring client currency overdraft positions and reporting any breaches of FSA regulations.

Reviewed investment vehicle prospectuses and associated distribution reports so they can be authorised for publication and distributed to the public.

Was responsible for testing new software on internal computer systems and reporting to senior management accordingly on its effectiveness.

Was a key stakeholder in the introduction of the investment monitoring software HBSC introduced in 2005. This involved testing the software, wrote up the results of the testing, and developing training protocols

Was responsible for reviewing the preliminary investment and borrowing limits for a new client, whose funds totalled over £7 billion.

Coached and motivated the team; and responsible for training.

HSBC

Client Reconciliations May 2001 – August 2002

Prepared cash, stock and income reconciliations on a monthly basis.

Identified and resolved unreconciled items.

Introduced a new process for communicating the reconciliation results more clearly and concisely.

Won an award for designing and implementing an innovative new accruals system.

Education and professional qualifications

ACCA Full member of the Association of Chartered Certified Accountants (June 2010)

BSc (Hons) 2:2 Economics, Queen Mary & Westfield University (2000)

Subjects include: Macroeconomic Policy; Finance Theory; Environmental Economics; Marketing, Accounting and Finance; Industrial Economics

3 A Levels Economics (B), Mathematics (B) and Chemistry (B) (1997)

10 GCSEs Including English, Mathematics and French (1994)

Further skills

Solid working knowledge of MS Office, Bloomberg, Global Custody System (GCS), Telekurs, SAGE and other in house applications including EY ‘AWS’ and ‘GAMx’, HSBC - Icon and AAM – Charles River, Manchester Underwriting - Eclipse, Safran Electric SAP, KCC TeamMate, Rex and Pentana Audit Software programs.

I speak French (Basic) and Bengali (Fluently)

Full Driving Licence.

References available upon request.

Contact this candidate