Muzammil Mahmood, ACA
** ******** **, *** ***, Revere, MA, 02151
Marital Status: Married
Nationality: US Permanent Resident
Qualified Chartered Accountant with more than 10 years of experience in Internal Auditing, Risk & Compliance with EY (a globally recognized big 4 firm) and Ferozsons Laboratories Limited (According to Forbes 2016, Asia’s best Company). During this tenure, delivered successfully on projects relating to:
Risk based Internal Auditing
Compilation of Policies and Procedures
Implementation support to IA Department
System reviews and Gap analysis
Implementation of COSO/SOX framework
Professional Qualification and Membership
Associate Chartered Accountant (ACA) - Institute of Chartered Accountant of Pakistan (ICAP) - 2015
Member – Institute of Internal Auditor (IIA) – USA [CIA - 2 papers passed out of 3] Academic Qualification
Higher Secondary Education - Forman Christian College, Pakistan Awards and Achievements
Promoted as Senior Associate within 1 year of working in Ernst & Young by securing best performance ratings.
Achieved 7.2/10 scores in Presentation Skills Training Course (PSTC)
Got Merit Certificate in Chartered Accountancy (CA) college exams
Declared as best employee of Company during year 2017-18 by getting performance rating 4.8/5. IT & ERP Experience
Proficient in use of MS office tools:
MS - Word
MS - Excel
Hands on experience of working on MIS/ERP:
MS - Power Point
MS - Visio
SAP Oracle Financial
Professional Development Trainings
Attended various in-house workshops and training on EY global advisory methodologies, Risk and performance improvement engagements and industry best practices.
Conducted training on components and 17 principles of COSO framework and its implementation.
Passed course of Computer Practical Training (CCPT) containing MS Office and MS project
Passed Presentation Skill Training Course on delivering presentations, conducting meetings and interviews
Attended SAP and Oracle Financial end user trainings (financial module). Page 2 of 3
August 2016 to date (More than 3 years)
Ferozsons Laboratories Limited (According to Forbes 2016, Asia’s best Company). Position: Manager Internal Audit, Risk & Compliance Broadly, I am responsible for following functions. Internal Audit
Preparation of Annual Internal Audit plan by following risk based approach. IA plan covers all business functions of the Company (operation & support functions).
Execution of Internal Audit activity as per Annual Audit plan (Approved by Board Audit Committee).
Preparation of IA reports (business function wise) along with agreeing and documenting action plans with process owners.
Presentation to CEO & Board of Directors on Internal Audit findings and agreed action plans. Risk Assessment
Business Process Documentation and Risk Assessment for COSO implementation
Preparation and updation of Risk Appetite at overall organizational level.
Preparation and updation of Risk Registers related to all business functions Compliance
Compliance testing of Foreign Business Agreements made with Gilead Sciences, Boston Scientific International and GE Health Care.
Compliance testing of laws, code and guidelines as applicable on Pharmaceutical Industry
Compliance testing of company’s Policies & Procedures. March 2010 to August 2016 (6.5 Years)
Ernst & Young
Positions Year (Duration)
Manager Jan 2016 to Aug 2016
Assistant Manager/Supervisor Jan 2014 to Jan 2016
Audit senior March 2010 to Jan 2014
Approx. 4 years
During my tenure with EY, my job description includes: Internal Audit & Internal Control Reviews
Initial planning of the job, identifying significant risk areas and agreeing the time deadlines;
Performed risk assessment on the business processes of various companies;
Performed internal control evaluation on various clients;
Conducting meetings with Executives of the organizations regarding the understanding of the mega, major and sub (MMS) processes of organization;
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Prepared Transaction Flow Review (TFR) and Risk and Control Evaluation (RACE) on the mega, major and sub processes;
Review and finalizing the work performed by the team members;
Reporting to Senior Manager and Partner;
Involved in the preparation of final reports delivered to the clients. Internal Control Documentation (COSO)
Evaluation of existing system and related controls in order to identify gaps in system
Identified structural gaps in existing systems, recommend organizational and departmental structure.
Development of Standard Operating Procedures (SOPs)
Preparation of internal control documentation in form of flow charts and Risk & Control Matrices for multinational companies as per COSO framework. The documentation contains key fraud related controls and assertions.
Root Cause analysis for IA and system review findings
Development of implementation plan containing step wise approach for successful implementation
Conducting trainings and workshops of management personnel on different subject matter.
Restructuring of Internal Audit Department and Accounts & Finance Department
Formulation of TORs of board committee including Board Audit Committee and HR Committee QA review of IA Function
Interview of users of IA department and key management personnel of IA function
Checking compliance of IA practices with IIA standard and best practices.
Reviewing of IA manuals, IA charters, IA plans, and minutes of BAC
Desk review of working papers of IA department
Few of major organizations both multinational and local, where I was engaged as the team leader for projects are: Clients Clients
Akzo Nobel Pakistan Limited Izhar Construction (Pvt.) Limited Muslim Commercial Bank ICI Paints
South Asian Free Media Association (SAFMA) Defense Housing Authority (DHA) World Bank Punjab Small Industries Corporation (PSIC) Hi- Tech lubricants (pvt.) Limited US Denim (Pvt.) Ltd Pakistan Cricket Board (PCB) Reem Rice Mills (Pvt.) Limited