MUHAMMAD SHAKEEL, FCA Cell +971-**-*******

E-mail adz6i0@r.postjobfree.com

PROFESSIONAL FOCUS

Commercially focused and motivated professional with years of leadership experience as finance executive directing financial operations in large organizations. Proven record of effectiveness in financial analysis and operations acuity, developing systems to effectively integrate reporting, budgeting, forecasting and strategic planning in order to optimize company value, maximize cash flow and minimize risk and cost. Energetic & flexible in approach with effective communication skills. Dynamic decision making supported with solid analytical and leadership skills to maintain ownership & participation with other business units. Consistent performer to achieve profitability goals by maintaining insightful forecasting, positive cultural change, and innovative process improvements. KEY AREAS OF EXPERTISE

• Financial analysis

• Financial reporting

• Application of IFRS

• External / internal audit

• Tax reporting

• Control system analysis

• Financial operations management

• Risk management (IFRS 9 ECL models)

• ERP system implementation

• Business modeling

• Segment reporting

• Budgeting and forecasting

• Capital issuance

• Basel (Pillar I and III)

• Receivables management

• Strategic planning

• Consolidation

• Team management

WORK EXPERIENCE

Emirates Islamic Bank, PJSC

Associate Vice President - Finance

From April 2022 till date

Emirates Islamic Bank, PJSC Islamic banking arm of Emirates NBD Bank which is a D-SIB bank in the UAE. Emirates Islamic Bank, PJSC is public listed commercial bank which operates in the U.A.E. In my role as AVP-Finance, I lead financial control, financial reporting and regulatory reporting teams. I am responsible to ensure that all financial accountings are undertaken in accordance with Bank’s policies, other regulatory guidelines and International Financial Reporting Standards. In addition, I am responsible to maintain an entity wide financial discipline and control. Other responsibilities include, preparation and review of financial statements, external & internal audits, central bank and other regulatory reporting. Commercial Bank International, PJSC

Financial Controller

From May 2015 till Nov 2021

Commercial Bank International, PJSC is public listed commercial bank which operates in the U.A.E. and through online platforms. It offers products and services to consumer banking, wholesale banking, treasury and investment banking customers. As a financial controller, I was responsible to financial and regulatory reporting, GL control, formulation of strategy and budget for the bank, management of financial performance & financial objectives evaluation, review of various feasibility reports proposed by business divisions for product launching, business modeling, external & internal audits, central bank and other regulatory & VAT reporting. Deloitte & Touche (M.E.)

Audit Manager

From Sep 2008 till May 2015

Deloitte - Pakistan

Senior Auditor

From Oct 2003 till Sep 2008

I worked as Audit Manager for Deloitte & Touch (M.E) - Dubai from September 2008 to May 2015 and Deloitte Pakistan from October 2003 to September 2008 in Audit & Assurance department where I was managing audits of large size public listed financial institutions. Deloitte is one of the largest professional services networks in the world and offer audit and assurance, taxation, management consulting, financial and risk advisory and legal services to their clients. My experience of more than ten years in Audit and Assurance Services in South Asia and Middle East region has enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries and internal control systems implemented at various organizations. My audit and advisory experience have also exposed me to practical implementation and complexities of International Financial Reporting Standards and best practices in respect of financial control and risk management. During my association with above firms, have been involved in various statutory audits, limited review engagements and other special assignments of a diversified portfolio of clients including financial institutions, trading, manufacturing, real estate and retail. MUHAMMAD SHAKEEL, FCA Cell +971-**-*******

E-mail adz6i0@r.postjobfree.com

Assurance clients

The following is the list of assurance engagements of large public listed banks I have worked for during my association with Deloitte in the UAE and Pakistan:

• Dubai Islamic Bank PJSC, • Commercial Bank International PSC, • Ajman Bank PJSC,

• National Bank of Pakistan, • Allied Bank Limited and • Summit Bank Limited. DETAILED SKILL SET

Financial reporting and control

• Financial reporting as per the requirements of International Financial Reporting Standards (“IFRS”) and compliance with regulatory reporting requirements;

• Management of relationship with auditors, regulatory examiners and other stakeholders;

• Preparation and review of consolidated financial statement including review and compilation of reporting packs, elimination adjustments and treatment of foreign exchange difference.

• Compliance with the Taxation/VAT laws in relation with filing of tax returns, invoicing and input adjustments etc.

• Developing and documenting financial accounting policies and procedures and reviewing internal control environment to ensure the compliance with internal control policies and best practices;

• Management of chart of accounts, including GL control and maintenance;

• Maintaining GL account ownership, and documenting policies and preparing a framework for long outstanding non-sundry GL balances.

• Review of daily positions and profit and loss to identify unusual transactions, if any;

• Timely closing of books of accounts ensuring completeness and appropriateness of all month-end adjustments;

• Proposing the accounting treatment for complex or new transactions in line with IFRS;

• Management of vendor payments and accounts receivables;

• Reconciliation of bank accounts;

• Review of business processes across the organization for continuous improvement;

• Investment valuations, valuations of the companies and various portfolios including associates & joint ventures; and

• Going concern analysis, Debts/financing feasibilities, restructuring analysis. Financial analysis and business

performance reporting

• Preparation and working on complex financial models and preparation of investment proposal.

• Preparation of timely and accurate management reports that adds value in decision-making process;

• Preparation of packs for management committee meetings, board committee meeting and board of directors’ meetings;

• Internal management reporting packs including daily and monthly segments (products, managers, departments, regions etc.) wise reporting and financial analysis;

• Segment wise monthly and YTD profit and loss;

• Allocation of head office or common costs to profit centers;

• Preparation of ad-hoc reports that suits the requirements of users;

• Provide additional background information and suggest modifications in exiting reports where required;

• Providing benchmark studies (detail reports including key ratios and numbers) for all the peer comparison.

MUHAMMAD SHAKEEL, FCA Cell +971-**-*******

E-mail adz6i0@r.postjobfree.com

Planning, budgeting and

forecasting

• Planning including organization wide coordination for budgeting and forecasting for the year;

• Formulating strategy for growth of the organization;

• Preparation of segment wise income and expenditure budgets and capital expenditure budgets;

• Managing budget control function, including explanations of budgets variations and approvals of overruns;

• Review & implementation of internal controls for the planning & budgeting process;

• Preparing and distributing actual v budget and year-end forecast report. Regulatory reporting (including

BASEL reporting)

• Review of monthly MIS and Dashboard reporting;

• Periodic CBUAE regulatory reporting (BRF return) including compilation of data from all stakeholders and review of returns.

• Review of Pillar 1 reporting, including review of credit risk, market risk, operational risk, risk weighted assets and capital adequacy requirements (prepared in line with BASEL regulatory framework for banks);

• Preparation of quarterly Pillar 3 disclosures;

• Review of IFRS 9 ECL models.

• Review of expected credit loss computations for Stage 1/2/3 financial assets for each segment

(corporate, retail and investment segments);

• Provide assistance in raising capital through right issue or tier 1 or tier 2 capital. Presentations and training

• Presentations to the management and board committees and board of directors addressing key accounting, audit and industry risks together with recommendations and best practices;

• Presentation on the overall performance and future trends/budgets of the companies;

• Presentations on project management/status and key milestones of the projects;

• Presentations on management internal controls under review, weakness & areas for improvement; and

• In-house trainings for staff including the workshops, lectures and conferences. Team management

• I have proven record of managing large teams with more than ten professionals and of managing the portfolio of more than ten engagements/projects simultaneously. IT proficiency

• Have experience of being part of various systems implementation projects including the system for Bank’s core banking upgrades, treasury system implementation, Enterprise Resource Planning (ERP) system implementation, Power BI reporting dashboard and VAT system implementation.

• Well versed with MS Office and Power BI reporting tool. SYSTEM IMPLEMENTATION PROJECTS

I have led finance team in various internal system implementation projects, including

• ERP system implementation project (Microsoft Dynamics) where I was responsible for organization wide coordination and implementation of Finance modules (including GL, accounts payable, accounts receivable, bank management, setting up of dimension and reporting based on these dimensions), procurement, project and HR module;

• Core banking system implementation where I ensured the correctness of GL mapping for all products, verification of accounting entries, validation of accounting treatments of new functionalities and redesigning of CoA;

• Value Added Tax (VAT) project where I validated the taxability of all services supplied by the bank and validation of accounting entries required including output tax, input tax, recoverability of input tax and reverse charge tax. MUHAMMAD SHAKEEL, FCA Cell +971-**-*******

E-mail adz6i0@r.postjobfree.com

QUALIFICATIONS & EDUCATION

• Fellow Member - The Institute of Chartered Accountants of Pakistan (ICAP) 2009

• Bachelors in Commerce from University of Karachi 2002

PERSONAL

• Nationality: Pakistani

• Available: One month notice period

• Languages: English and Urdu

• Marital status: Married

REFERENCES

• Will be furnished upon request.

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