Danish Zahid

  • United Arab Emirates, AE 03
  • dezaay@hotmail.com

Work History

Work History
Jan 2015 - Present

مشرف التقارير المالية و التحليل

المختبر الوطني المرجعي - مبادلہ
  • Manages the preparation of monthly, quarterly and annual financial statements in the required formats and reporting packs including disclosures complying with Corporation’s Accounting Policies against tight timelines.
  • Ensures that all financial reports produced by the section are accurate and complete in order to provide relevant and reliable information to stakeholders.
  • Develops and implements analytical framework linking financial data with non-financial data to assess reporting accuracy consistent with performance trends.
  • Develops and implements preventive and detective controls and performs analytical reviews for continuously enhancing the quality of financial reporting
  • Effectively managing internal controls in compliance with COSO and SOX.
  • Project Lead for implementing Delegation of Authority, Oracle Financials, Oracle Hyperion, I-Supplier & I-Procurement.
  • Prepare technical memorandums that documents issues in a clear, logical and comprehensive manner.
  • Responsible for the preparation of annual budget and forecasting of trends.
  • Responsible for the preparation of scenario based feasibility analysis.
  • Manage communications with external auditors on financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues.
  • Assist in co-ordination of annual audit and quarterly reviews of auditors.
  • Works closely with management to ensure financial integrity in all aspects of the operations.
  • Supervises Hyperion Financial Management-Oracle for Government Level Financial Reporting.
Aug 2011 - Dec 2014

محاسب

المختبر الوطني المرجعي - مبادلہ
  • Manages the preparation of monthly, quarterly and annual financial statements in the required formats and reporting packs including disclosures complying with Corporation’s Accounting Policies against tight timelines.
  • Ensures that all financial reports produced by the section are accurate and complete in order to provide relevant and reliable information to stakeholders.
  • Develops and implements analytical framework linking financial data with non-financial data to assess reporting accuracy consistent with performance trends.
  • Develops and implements preventive and detective controls and performs analytical reviews for continuously enhancing the quality of financial reporting
  • Effectively managing internal controls in compliance with COSO and SOX.
  • Project Lead for implementing Delegation of Authority, Oracle Financials, Oracle Hyperion, I-Supplier & I-Procurement.
  • Prepare technical memorandums that documents issues in a clear, logical and comprehensive manner.
  • Responsible for the preparation of annual budget and forecasting of trends.
  • Responsible for the preparation of scenario based feasibility analysis.
  • Manage communications with external auditors on financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues.
  • Assist in co-ordination of annual audit and quarterly reviews of auditors.
  • Works closely with management to ensure financial integrity in all aspects of the operations.
  • Supervises Hyperion Financial Management-Oracle for Government Level Financial Reporting.
Jun 2009 - Dec 2010

Senior Auditor

PwC
I have been assigned various responsibilities as a Senior Auditor, which varied depending on the nature of assignment. A brief summary of my responsibilities included: • Conducting research, in order to have an in-depth understanding of a client’s industry and business. • Assisting and supporting clients in meeting their regulatory requirements. • Evaluation of Internal Control System to identify deficiencies in the system and suggesting remedial procedures through Internal Control Memorandum (management letter) to rectify the control weaknesses. • Designing audit programs and working schedules for the recording and storage of evidence. • Conducting meetings/ interviewing the client to complete sections of assigned audit work. • Evaluation of the financial information produced by an organization. • Preparation of a formal audit report to assist the partners in expressing an opinion on the truth and fairness of financial statements.
Jun 2007 - May 2009

Senior GRMS/Business Consultant

PwC
During my experience in "Global Risk Management Services", I have been involved in: • Identifying the shortcomings of the new banking software SYMOBLS. • Implementing a resolution strategy drawn by PWC for the issues relating to Banking Software. • Resolution of branch balancing problems in Pay Orders Demand Draft and ATM Recons. • Conducting a training sessions for 150 MCB Bank’s branches in major cities of Pakistan. During my experience in "Business Consultancy", I have been involved in providing assurance services regarding evaluation and remediation of controls to different organizations as a part of PWC statutory audit requirement which includes the following: • Technical support including scoping, documentation, evaluation, and reporting • Risk assessment • Change management • Training and training materials • Control environment assistance • Documentation support • Design and execution of solutions • Process improvement During my experience in "IT System & Process Assurance Services", I have been involved in assignments providing IT system and process assurance services to different organizations as a part of PWC statutory audit requirement which includes the following: • Financial and operation applications/business process controls reviews • Database security controls reviews • IT general controls reviews • Infrastructure security reviews • Sarbanes-Oxley readiness, process improvement and sustainability services • Due diligence on systems and controls • Computer security reviews"

Education

Education
2005 - 2014

CA(Finalist)

Institute of Chartered Accountants of Pakistan
The Institute of Chartered Accountants of Pakistan is a professional body of Chartered Accountants in Pakistan, and represents accountants employed in public practice, business and industry, and the public and private sectors. Chartered Accountants work for big and small firms that offer fee earning advisory and management services to a variety of clients and businesses in the industrial, commercial and non profit sectors. They audit the accounts of these clients and businesses and can also be involved in specialist areas of financial advice such as tax. Chartered Accountants are also employed in commercial organizations, banks, and the private and public sectors.
2011 - 2012

Associate Public Finance Accountant (APFA)

Pakistan Institute of Public Finance Accountants
Pakistan Institute of Public Finance Accountants (PIPFA) is an autonomous body recognized mainly in the government sector and established under license from the Securities and Exchange Commission of Pakistan by the authority given under section 42 of the Companies Ordinance, 1984. The body is co-sponsored by the Institute of Chartered Accountants of Pakistan, the Institute of Cost and Management Accountants of Pakistan and the Auditor General of Pakistan. PIPFA has more than 5,000 members and a number of them are members of ICAP and ICMAP. The institute was established to produce a second tier of accounting professionals in Pakistan.
2011

Certified Financial Consultant ® (CFC)

Institute of Financial Consultant Canada
The Institute of Financial Consultants ® is a global organization for financial professionals. IFC offers an educational program leading to the designation of Certified Financial Consultant ® (CFC) issued to qualified graduates.
2004 - 2006

Master of Commerce (MCom)

University of the Punjab, Lahore
Established in 1882 at Lahore, the University of the Punjab is the largest and the oldest seat of higher learning in Pakistan. It was the first to be established in the sub-continent in Muslim majority area. Master of Commerce requires two years of full-time study. The curriculum is usually concentrated on accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management. Masters in Commerce differs from other business and management degrees: Its concentration on one area distinguishes it from generalist degrees, such as the MBA.
2002 - 2004

Bachelor of Commerce (B.Com.)

University of the Punjab, Lahore
The Bachelor of Commerce degree is designed to provide the student with a wide range of managerial skills while at the same time building competence in a particular area of business studies. Bachelor of Commerce degree includes general business principles, Advanced accounting/finance, human resources, statistics, marketing, Macro/Micro economics, and information systems.

Skills

Skills

Strategic Planning

Hyperion Financial Reporting

Financial Analysis

Financial Reporting

Business Intelligence

Certifications

Certifications

Financial Trading (Stocks, Forex and Commodities) - Meta trader 4 & 5

Associate Public Finance Accountant

Certified Financial Consultant