Tariq Hussain

Location: Jeddah, Saudi Arabia

Contact: +966-*********/ +966-*********/ +966-**-*******(806)

E-mail: adg1ab@r.postjobfree.com/adg1ab@r.postjobfree.com

Internal Audit & Controls-Financial Accounting

Snapshot: Knowledgeable, qualified professional (CPA-Ontario-Canada & ACCA-UK) with Audit and Accounting experience, trained from Big 4 Audit firm (PwC-Pakistan), with 15 years of experience across diverse organizational domains. Currently functioning as Internal Audit & Risk Manager in one of the leading food processing and trading Company (Sunbulah) with latest ERP – S4Hana, based in Saudi Arabia. Seeking challenging finance and audit opportunities with a reputed organization

Demonstrated ability in taking businesses to a pivotal position from conceptualization leading to consistent business growth

Well versed in Financial Reporting, Financial Controllership and Process Improvements

Skilled in improvement of Internal Controls & Financial Efficiency

Possess good knowledge of Financial Accounting, Costing, Reporting, Treasury, Taxation, Audit and other Finance/ Audit related factors

Leading, mentoring & monitoring the performance of team members to ensure efficiency in process operations & meeting of organizational goals

Creating and sustaining a dynamic environment that fosters development opportunities and motivates high performance amongst team members

Career Graph

Food & Fine Pastries Manufacturing Company Limited-Sunbulah, Jeddah, Saudi Arabia ~ Jan 2009 till date

Accomplishments:

Played key role in enhancing Insurance Coverage for Salesmen leading to risk coverage of SR 1+ Million exposure of receivables

Significantly enhanced controls in Compensation & Benefit-Payroll Management including calculation of end of service benefits through implementation of effective controls in SAP

Saved exchange loss of SR 1+ Million through development/ implementation of qualitative risk management techniques

Role: Internal Audit & Risk Manager, Mar 2012 till date

Involved in various phases of Internal Audit which involve:

•Assessment of risks and preparation of risk register. This activity involved analysis of Internal and external risks faced by the company. After the risk were mapped, senior management was involved to vote on the categorization of risks. After voting, Risk were categorized as High, Medium and Low risks. This activity was the foundation of Risk Based Internal Audit Plan (RBIAP). Involved in mapping the risks and coordinating with management to prepare an effective RBIAP.

•preparation of risk based audit plans,, development of audit program & working papers based on Big 4 Audit firms standards

Conduct/ document specific audit procedures performed in compliance to manufacturing organizations audit standards

Render qualitative presentations and generate various status reports based on audit requirements

Coordinate activities related to automation of Marketing Payments through SAP, implementation of controls through SAP in Warehouse Management to minimize delays in clearing in-transit stocks

Role: Financial Accounting Manager, Jan 2009 – Feb 2012

Reporting of Financial statements, profitability and variance analysis to management

Focused on treasury management activities encompassing Banking Operations Management, Currency Hedging, Fund Flow Monitoring, Debt Management in coordination with other banks

Managed various aspects related to debtor/ creditor management, filing of monthly tax and Zakat returns

Maintained regular interaction with insurance brokers based on business requirements

Liaised with External Auditors in finalization of annual financial statements

Coordinated activities related to upgrade of SAP (FI) module, implementation of remedial measures for wrong import invoicing of raw materials (resulting in cost saving of SR 650,000 of additional import duty till date)

Karachi Electric Supply Corporation, Karachi Pakistan ~ Deputy General Manager Internal Audit ~ Apr 2007 – Jan 2009

Accomplishments:

Successfully developed techniques for review of Billing areas of power distribution through setting up of critical analysis function to monitor transmission losses

Job Profile:

Coordinated activities related to preparation of audit plans, risk assessment, definition/ implementation of internal controls

Conducted audits and documented procedures based on organizational/ audit standards

Generated/ updated various status reports for the senior leadership team and other stakeholders

Central Depository Company Limited, Karachi Pakistan ~ Deputy Manager Trustee Operations ~ Jan 2005 – Mar 2007

Job Profile:

Represented Mutual Funds in evaluation of Banking Operations Management & Fund Flow

Involved in implementation, monitoring, review of investments (Equity & Money Market) and Unit Management

Conducted statutory & compliance review of day to day transactions and financial statements

Set up tools to monitor financial statements of Mutual funds to ensure compliance to legislation

Big 4 Audit Firms (PwC & Deloitte), Pakistan ~ Senior Tax Associate / Senior Audit Associate ~ May 1993 – Dec 2004

Job Profile:

Responsible for planning, organizing and controlling the Audits

Evaluated accounting systems and internal controls and suggested methods of improvement

Accountable for preparation of financial statements and determining adequacy of tax provisions

Coordinated with client to discuss the financial statements and carried out analytical reviews

Involved in preparation and filing of statements, income tax returns and appeals of various corporate clients

Coordinated, suggested and participated in meetings with clients with regards to various tax matters

Academics

Education:

CPA-Ontario-Canada 2019

ACCA-UK-Member 2018

CA Final Part 1(Module E), Institute of Chartered Accountants of Pakistan 1998

B Com, University of Karachi, Pakistan 1993

Professional Development:

Audit Training(1993-1997)- Big 4 Audit Firm - A.F. Ferguson & Co member firm of PricewaterhouseCoopers

Date of Birth: 25th May 1973; Languages Known: English and Urdu; Nationality: Pakistani

Reference: Available on Request

Contact this candidate