Faizan Ahmed, Ca, Cia, Cica, Ma(Eco.) Email & Phone Number

Doha, Qatar

One of my key responsibilities as Manager – Risk Advisory Services is to hold full accountability for leading internal audit engagement and providing assurance on corporate governance, risk management, and control processes to help the company achieve its strategic, operational, financial, and compliance objectives. My role revolves around formulating technical proposals for prospective clients and in the execution of IIA’s internal audit methodologies, defining audit objectives, assessing risk and control implications of business processes and conceptualizing audit plans by developing internal audit programs to test control procedures of assigned activities. I conduct review of Internal Controls over Financial Reporting (ICFR) and deliver risk management services for clients across industries.A few of noteworthy contributions in this tenure include:• Determined delays of around 65 days in invoicing to customers and advised monitoring controls to improve invoicing process which resulted in decreasing delays to less than 10 days.• Evaluated significant deficiencies in accounting of loyalty points amounting to QAR 4.6M and suggested the best controls to rectify same saving potential regulatory penalties.• Ensured additional profits and financial statements accuracy by implementing controls to reduce variances of QAR 1.5M in revenue assurance function.• Rolled-out analytical procedures to recommend annual savings of QAR 3.7M in vehicle lease management.• Gained promotion from Assistant Manager to Manager in 2021 for delivering commendable services.

Karachi

In this role, I conceptualized audit plans, evaluated effectiveness and efficiency of controls, and carried out risk assessment exercise. I mitigated risks by conducting internal control testing and evaluating current state of internal controls.A few of noteworthy contributions in this tenure include:• Abated policy issuance time from six days to four days by recommending improvements in underwriting process.• Saved cost of PKR 200M by determining control gaps, opportunities for improvement and monitoring controls.• Generated additional profit and assured financial statement accuracy; uncovered PKR 50M error in investment.• Avoided potential regulatory penalties of approx. PKR 500M by highlighting several compliance irregularities.• Revised accounting regulations and coordinated with team that assessed impact of changes due to IFRS 17.• Hired as Assistant Manager in 2014 then promoted to Deputy Manager in 2016 and later to Manager in 2018.

Karachi, Pakistan

I attained engagement objectives by interfacing with team and client to create high-impact plans in compliance with professional standards. I implemented preliminary risk assessment, led field work, and submitted up line for further reviews. I instituted internal audit strategy and overall scope of activities. Reviewed audit work papers in accordance with professional guidelines. I held full accountability for performing procedures to verify controls operate effectively through testing and interviewing techniques. I prepared internal audit reports and presentations for board audit committee.A few of noteworthy contributions in this tenure include:• Began tenure as Consultant, Semi Senior, and Senior Consultant; quickly promoted in recognition of outstanding leadership strengths.• Assured completeness of audit scope by expanding/decreasing testing to commensurate with audit findings• Steered execution of ICFR for Citibank and HBL bank, performed compliance and forensic investigation, conceptualized policies, and organized trainings on ICFR and anti-money laundering for clients across different industries.

Master Of Arts - Ma, Economics, A

Bachelor Of Commerce - Bcom, Business/Commerce, General, A