Tahaa Salahuddin, Aca, Fcca Email & Phone Number

Pakistan

Karāchi, Sindh, Pakistan

Karāchi, Sindh, Pakistan

- Formulating transfer pricing mechanism by building on budgeting activity of CAPEX & OPEX spending at Gaditek.- Successfully led the Sidat Hyder Fixed Assets Management System implementation at Gaditek.- Reviewing and presenting the annual cashflow forecast to BoD on the business unit and group levels by gathering information from all Business Units.- Performing monthly variance analysis of cashflows, detailing the observed variances, and presenting the same to BoD in monthly review meetings.- Closely observing the cash flow movements, ensuring the funding requirements are adequately met to ensure the smooth running of operations.- Formulating the annual budget in liaison with all the department heads and presenting it to the BoD for approval.- Reviewing monthly budget variance report and discussing the variances with budget owners, identifying reasons for variances, and incorporating explanatory notes to the report before submission to BoD.- Review the monthly consolidated financial summary and descriptive notes for the BoD, ensuring that all custom reporting requirements are met.- Reviewing annual financial statements and annual returns of local & foreign companies of the group for submission to the companies’ registrar of the relevant jurisdiction.- Maintain and strengthen internal controls over financial reporting, including close coordination with the group accounting team.- Supervising the routine financial operations of local and foreign entities.

Pakistan

- Preparing consolidated financial summary along with explanatory notes for the BoD, also ensuring that all their custom reporting requirements are being met;- Preparing annual budget by partnering with all budget owners to determine CAPEX and OPEX spend and submission to the BoD for approval;- Preparing monthly budget vs. actual report and discussing the variances with budget owners, identifying reasons for variances, and incorporating explanatory notes to variance report before submitting the variance analysis report to the Director of Finance;- Reviewing annual tax returns of local & foreign companies of the group, ensuring that the return is being submitted on time along with timely payment of tax liability.- Liaising with the auditors of local & foreign entities of the group, ensuring a smooth flow of information & timely resolution of audit issues.- Reviewing monthly financial reporting packages of all business units.- Supervising the routine financial operations of local and foreign entities.- Liaising with consultants for incorporation of local and foreign entities.- Developing & maintaining external relationships with auditors, bankers, statutory organizations, and other stakeholders.- Preparing capacity planning for the department annually, ensuring the resource requirements are sufficiently met. - Reviewing and approving online payments via local & foreign payment processors.- Reviewing and approving payroll calculations for disbursement.- Conducting annual appraisal reviews for evaluating finance team members.

Karachi

I worked as an Audit Senior in the Audit and Assurance department of the firm, where I lead and was involved in the engagement team through the planning, execution and completion stages of statutory audits and other varied engagements of special nature. My major responsibilities encompass: • Leading teams through planning, execution and completion of stages of audit.• Engagement planning based on understanding of the entity and assessment of business and related audit risks.• Coordination with team manager to define the extent of planned audit procedures and to update on progress of the engagement.• Supervision, review and finalization of assurance / non-assurance engagements and other special assignments.• Liaison with client's management and communication of relevant matters to persons at appropriate management level.• Consultation on significant matters with various professionals such as lawyers, tax advisors, actuaries and IT experts.• Assisting clients in preparation of financial statements in accordance with the applicable financial reporting framework including compliance with International Financial Reporting Standards (IFRS), local corporate laws and directives of regulatory authorities.• Providing basic advisory services to clients in respect of accounting treatment of transactions and compliance with secretarial practices. and• On-the-job training and professional development of staff.The experience of the firm has enabled me to develop an understanding of regulatory environment of diversified sectors, key business processes, the accounting and internal control systems of several organizations. Following are the most significant clients in various sectors and related engagements that have contributed to my professional growth.Financial Sector:House Building Finance CompanyBank of Tokyo Mitsubishi - UFJFirst Women Bank LimitedManufacturing and services:Zaman Textile (Pvt) LimitedDefence Housing Authority Karachi

Al-Khobar Governorate, Saudi Arabia

In early 2016, I was seconded at Deloitte & Touché Bakr Abulkhair & Co (Al Khobar, Saudi Arabia), a member firm ofDeloitte Touché Tohmatsu Limited (DTTL) under the Global Development Program as an Audit Senior for a period ofthree months. During this period, I independently completed the statutory audit engagements of the following companies:- ATOS Saudi – IT services- Tech Mahindra Arabia – IT services- Sariya Company Limited – IT equipment- Digital & Electronic Solutions Development Company – IT equipment- Khalid Ali Al-Turki Real Estate Division – Property rentals- Professional Mechanical Repair Services Company Limited – Maintenance of oil drilling equipment- Allied Maintenance Company – Compound maintenance services

Karachi

Worked as a Semi Senior Auditor in the Assurance department of Deloitte Pakistan (Karachi Office). My responsibilities were:• Identification of audit risk by performing preliminary or risk analyticals at the planning stage of various financial and non financial sector by obtaining understanding of entity and its environment including its control environment, risk management process, information system, control operation and governance structure.• Preparation of system note and business control matrix with respect to relevant financial statement line item assigned.• Responsible for performing audit procedures with respect to financial statements line item assigned, including its relevant assertions in accordance with the International Standards on Auditing and other auditing standards applicable in Pakistan.• Assist the management in preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) and other Accounting Standards applicable in Pakistan.• Documentation of the audit working papers in Deloitte's Audit software AS2.• Assist the senior team member of the engagement in preparation of key deliverable such as Covering Letter and Management Letter.I have been involved in Audit of Financial ServicesBank of Tokyo Mitsubishi, UFJ Limited (PLS Certification)First Women Bank (ICFR)First Dawood Investment Bank LimitedManufacturing and Service:MIMA Knit (Pvt) LimitedMIMA Leather (Pvt) LimitedKarachi Club

Deloitte

Worked as a Junior Auditor in the Audit and Assurance department of Deloitte Pakistan (Karachi Office)Primary Responsibilities include;• Responsible for performing audit procedures with respect to financial statements line item assigned, including its relevant assertions in accordance with the International Standards on Auditing and other auditing standards applicable in Pakistan.• Ensure adherence of disclosure requirement with respect to International Financial Reporting Standards and other accounting standard applicable in Pakistan with respect to relevant financial statement line item assigned.• Documentation of audit working papers in Deloitte's audit software AS2.• Preparation of Audit Summary Memorandum for engagement Partner and Manager.I have been involved in Audit of Financial Sector:House Building Finance CompanyPakistan Merchantile Exchange CompanyAmerican Life Insurance CompanyManufacturing:Siddiqsons Denim Mills Limited

Aca - Icaew, Auditing And Finance

ACA

Bachelor’S Degree, Bachelors Of Commerce

Acca, Accounting And Finance

FCCA

A Levels

O Levels