Wahid Ali (10+years of experience)
Cell No: -
E-mail Id:-Lahore
Professional Qualification
Qualification
Institution
Year
ACA
Institute of Chartered Accountants of Pakistan
2011
FMVA
Corporate Finance Institute Canada
2019
Professional Experience
I have more than 10 years of experience in Accounts Finance, Audit and Assurance.
Positions held
Industry
Firm/ Company
Time
Period
Duration
Director
Financial Consultancy
INS Business Consultants
July 2017 to Date
5 years
Manager Accounts
Construction
Shinwari Group of Companies
May 1 2014 to Date June 2017
3 Years
Audit and Assurance Supervisor
Audit and Assurance
Naveed Zafar Ashfaq Jaffery & Co, Chartered Accountants.
December 18, 2012- July 14, 2013
8 Months
Audit Senior, Audit Semi- Senior and Audit Junior.
Audit and Assurance
KPMG TaseerHadi& Co, Chartered Accountants.
November, 2005 to June, 2009
3 Years and 7 months
Director INS Business Consultants
Meeting with and advising senior executives throughout the consultation process.
Determining business needs and identifying weaknesses.
Assessing and analyzing business practices and procedures.
Compiling and presenting research findings and recommendations.
Developing detailed project plans to drive changes and improvements.
Organizing and managing business projects.
Providing guidance when issues, challenges or problematic situations arise.
Tracking and assessing the effectiveness of projects.
Manager Finance- Shinwari Construction
Preparing for Internal audits and ensuring consistent finance standards
Securing consistent and timely management information including bank reconciliations
Cash flow management and the supervision/management of petty cash across offices
Effective supervision of on a day-to-day basis including guidance of and delegation of work; ensuring all daily, weekly and monthly tasks and deadlines are met.
Bank reconciliations, revenue reconciliations, standing balances completed by agreed deadlines.
Month end and year end management. Presentation of a full and correct set of reports by agreed deadlines including accruals management.
Ownership and troubleshooting of all financial systems.
Key management data to be available to project manager for monthly review
Internal audit standards are met and adhered to
Accuracy of financial data transfer and reporting is pro-actively managed
Audit and Assurance Supervisor- NaveedZafarAshfaqJaffery& Co, Chartered Accountants
Responsibilities:
I have been involved in execution of several external audits and statutory certifications. My responsibilities include:
Review of accounting and internal control systems, and suggesting procedures for their improvement;
Developing and performing audit procedures so as to obtain reasonableness assurance regarding true and fair view of the financial statements;
Reviewing financial statements in the light of International Financial Reporting Standards (IFRS), statutory requirements and current best accounting practices, keeping in view the reporting timeframe;
Ensuring compliance with the requirements of International Standards on Auditing and other local requirements for audit engagements;
Advising management on accounting and related technical matters.
Corporate Clients and projects that contributed to my professional growth include:
Pakistan Real Estate Investment and Management Company ( Pvt ) Limited
SUNGI Development Foundation.
Scrutiny and evaluation of Hajj Group Organizers-a project of Ministry of Religious Affairs, Government of Pakistan.
Audit Senior, Audit Semi-Senior and Audit Junior- KPMG-TaseerHadi& Co, Chartered Accountants
My experience in the firm enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries, and the accounting and internal control systems implemented at various organisations. The most significant corporate audit clients that contributed to my professional growth include:
Sectors
Audit Clients
Services:
Sharaf Shipping Agency ( Private ) Limited
Banking:
UBL Bank Limited
Allied Bank Limited
Insurance:
National Insurance Company Limited
EFU General Insurance Company Limited.
EFU Life Insurance Company Limited.
American Life Insurance Company Limited
Power and Energy:
Rousch Pakistan Power Limited.
Modarabas:
Modarab Al Mali.
Manufacturing:
Sickpa Ink Manufacturing ( Private ) Limited
Special Assignment
Verification of fixed assets, and rectification of Fixed Assets Register - Novartis Pakistan limited
.
Agreed Upon Procedures
UK GAP audit of financial statements -UBL Insurers Limited
Academic qualification
Qualification
Institute
Year
B.Com
Karachi University
2005
Higher Secondary Certificate
Public Schools and Colleges, JutialGilgit. GilgitBaldistan
2000
Secondary School Certificate
Public Schools and Colleges, JutialGilgit, GilgitBaldistan.
1998
IT Proficiency
Extensive knowledge and use of Computer Assisted Audit Techniques (CAATs) including Vector (KPMG audit software);
Proficient in all Microsoft Office applications;
I have Sound knowledge of internet, general computer usage and hardware components.
During performing several audits / reviews I gained knowledge of following software:
Oracle based Financial applications; and
SQL based financial reporting packages.
Work Shops / Seminars / Certifications
Various seminars on International Financial Reporting Standards (IFRSs), International Standards on Auditing and Assurance (ISAs) arranged by ICAP;
In-house workshops organized by the firm on KPMG Audit Methodologies including ‘KAM’, ‘Vector’, Time Management, Business Management, Team Work, Team Building, Motivation and Stress Management;
Sessions held by KPMG on the requirements of ‘Independence of Auditor’ and the ‘Acceptance and Continuance of Clients’; and
100 hours Certificate of Presentation Skills Training Course.
Personal
Date of Birth
: 04 May, 1982.
Nationality
: Pakistan.
Marital Status
: Single.
Languages
: Fluent in written and spoken English and Urdu.
The End