Muneeb Zia Ur Rehman Fcca - Aca(Icaew) Email & Phone Number

Lahore, PK

Lahore, Punjab, Pakistan

• Strategic Audit Leadership:
• Orchestrated end-to-end audit processes, from meticulous planning and riskassessment to executing substantive testing and internal control evaluations.
• Led annual audits, ensuring precision in financial reporting and regulatorycompliance while implementing advanced methodologies to identify insights fororganizational improvement.
• Applied expert sampling techniques, enhancing audit efficiency and accuracy,and maintained comprehensive documentation adhering to professionalstandards.Risk Mitigation and Process Enhancement:
• Conducted in-depth risk assessments, identifying and addressing key areas offinancial and operational concern.
• Evaluated the design and effectiveness of internal controls, providing strategicrecommendations for process improvements and effective risk mitigation.

Lahore District, Punjab, Pakistan

Lahore, Punjab, Pakistan

• Led the formulation of annual budgets and quarterly forecasts, including the preparation of comprehensive feasibility reports for theestablishment of new retail stores, contributing to informed expansion strategies.
• Preparation, monitoring & presentation of weekly / monthly financial reporting packages with key drivers for monthly variances vs.budgets.
• Monitoring of GL / Cost Center level budgets for all divisions ensuring that cost targets don’t spill over in any GL head.
• Continues monitoring of quarterly re-forecasting based on the latest business drivers to ensure accuracy of forecasts.
• Spearheaded effective cash flow management, ensuring optimal utilization of financial resources to meet operational requirements.
• Provided strategic counsel to senior management on cost-cutting initiatives, contributing to overall operational efficiency.

Lahore, Punjab, Pakistan

• Achieved a substantial reduction in audit shortages, successfully lowering figures from seven to six figures. This initiative led to a significant enhancement in inventory quality variation, decreasing from 15% to an.
• Implemented a comprehensive system designed to identify pre and post discount frauds, spearheading successfulinvestigations that resulted in the prosecution and recovery of over 10 million rupees.
• Regularly presented key performance indicators (KPIs) of the audit department to the CEO and the board of directorsduring monthly, quarterly, bi-annual, and annual performance review meetings.
• Drove continuous improvement initiatives, contributing to the development of organizational policies and procedures.
• Development and implementation of a risk based annual audit plan which was aligned with the company requirementsand also with the regulatory requirements.
• Evaluate internal controls and internal policies to identify process weaknesses and provide actionable recommendationsto enhance operational efficiency and reduce risk.

DHA Phase 8 Commercial Broadway Lahore

• Initiated and implemented an innovative retail store audit guideline featuring a scorecard system for objective performance evaluation.
• Doubled the audit frequency with the existing team, significantly boosting the efficiency of the audit department.
• Led an autonomous team to conduct nationwide store audits, identifying control deficiencies, and establishing Standard Operating Procedures (SOPs) for smoother operations.
• Conducted comprehensive audits of employee payments, covering salaries, bonuses, leave encashment, loans, and advances.
• Verified company payments to vendors by cross-referencing with purchase orders, gate passes, and goods receipt notes.
• Orchestrated a detailed physical verification of major additions and subtractions in fixed assets.

Lahore, Pakistan

Set up the internal audit department for the groups’ garments division laying down the basic framework to ensure departmental objectivity of Monitoring, Assurance & Compliance.Mapped the existing internal control system of the organization and Identified & improved control deficiencies in documentation, processes and procedures.Conducted pre-audit risk.

Aca, Accounting And Finance

Bachelor'S Degree, Accounting And Finance, A

Financial Reporting, Audit & Assurance And Financial Management, 70%

Certified Accounting Technician, 80%

High School, Physics, Chemistry & Advanced Maths