Farrukh Sultan Email & Phone Number

United States

United States

Annandale, Virginia, United States

• Data Analysis and Tools: Utilized Excel, SQL, and data visualization tools such as Tableau to analyze financial data and identify discrepancies.• Audit Execution and Process Analysis: Performed detailed audit planning and execution, including risk assessment, process analysis, and control evaluation. Used data mining techniques to uncover hidden patterns in financial data.• Data Visualization: Created interactive dashboards using Tableau to present audit findings to leadership, enhancing decision-making processes.• Documentation and Standards Compliance: Prepared well-documented process walkthroughs and work papers, ensuring support and conclusions are in accordance with department standards and the Institute of Internal Auditors (IIA) guidance.• Stakeholder Communication: Conducted meetings with leadership across the organization to communicate audit scope, processes, and findings, leveraging data insights to drive discussions.Achievements:• Conducted comprehensive financial audits that identified $500,000 in cost savings through process improvements and waste reduction.• Designed and executed internal control assessments that led to the implementation of new control measures, significantly reducing the risk of financial discrepancies.

Islamabad, Pakistan

• Comprehensive Audit Planning and Execution: Performed detailed planning, data analysis, risk assessment, control design assessment, sampling, and audit procedures for various operational areas including home remittances, credit, procurement, SHSE, employee compensation, treasury, corporate finance, and compliance risk management (KYC/AML).• Financial Analysis and Data Visualization: Conducted financial and statistical analysis, forecasting, and data visualization on both structured and unstructured data.• Audit Reporting and Documentation: Issued draft audit reports to management for responses, prepared working papers in accordance with the Quality Assurance and Improvement Program, and followed up monthly to ensure timely closure of audit observations.• Progress Reporting: Prepared monthly audit progress and status reports for the parent company, CEO, and Audit Committee.Achievement:• Being part of the team of successful implementation of the internal audit management software (eAudit) in the year 2022.

Islamabad, Pakistan

• Audit Planning and Risk Assessment: Assisted internal audit senior management in establishing the audit universe, risk assessment, and annual audit plan for branch audits at the start of each year.• Team Leadership and Efficiency: Supervised and led a team of 10 field auditors, ensuring audit assignments focused on key risk areas and were completed efficiently, within time and budget.• Reporting and Compliance Follow-Up: Issued draft audit reports to management for responses, assisted in final report issuance, and coordinated with the Compliance Department to ensure timely closure of audit observations.Achievements:• Awarded “President’s Award” for Commitment, Excellence & Outstanding Performance in the Year 2021.• Supervised 54 branch audits.

Islamabad, Pakistan

• Financial Data Analysis and Planning: Performed financial data analysis using Bank's ERP systems (SAP, Oracle) for detailed planning of the concerned branch.• Audit Execution and Reporting: Conducted physical branch visits and performed audit procedures as per the audit program. Prepared and submitted draft audit reports to the line manager for review and issuance.• Stakeholder Engagement and Quality Assurance: Held audit exit meetings with branch senior management. Prepared working papers in accordance with the Quality Assurance and Improvement Program.Achievements:• Being part of the team where Internal Audit Department of U Microfinance Bank Limited was assessed and certified as “Generally Conforms” to the IIA’s International Standards for the Professional Practice of Internal Auditing by the IIA.• Awarded "Employee of the Quarter" (Q2, 2020) for excellent performance in branch audit.• Conducted 48 branch audits individually.

Islamabad, Pakistan

• Sales Strategy Implementation and Financial Compliance: Implemented sales strategies based on trends, increasing satisfaction ratings from 22% to 67%. Analyzed and evaluated financial statistics to ensure compliance with government regulations and prepared financial statements in accordance with International Financial Reporting Standards.• Financial Supervision and Coordination: Supervised data entry in QuickBooks for fixed assets, cash, accounts receivables/payables, revenue, and expenses. Coordinated with external auditors for the 2017 financial year audit.

Islamabad, Pakistan

• Public Accounting/ External Auditing: Gained diversified professional experience by working in all facets of tax, audit, accounts and related engagements from initial planning to the conclusion of examination and reporting.

Certificate, Data Analytics

Cia Level 1

Certificate In Accounting & Finance (Caf)

Bachelor Of Science (B.Sc.), Economics, Mathematics & Statistics