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Muhammad Shakeel

Candidate ID: 217823

Career Summary

Accomplished and highly analytical qualified CA Professional with 10+ years’ experience in conducting Internal & External Audits and managing Accounts & Finance function.

Skill Set

Accounts / Finance / Audit Functions - Management

Professional Information

Total Experience : 10

Nationality : Pakistan

Qualification Level : CA / CS / CFA / Other Professional Degrees

Job Function : Accounts / Tax / CS / Audit / Finance

Work Location Preference : UAE

Detailed Profile

MUHAMMAD SHAKEEL, ACA


Dubai, UAE
Contact No. +971 52 411 2827
E-mail: shakeel_ywm@hotmail.com
URL: https://www.linkedin.com/in/muhammad-shakeel-aca/

PROFILE SUMMARY
Accomplished and highly analytical professional with 10+ years’ experience in conducting Internal & External Audits and managing Accounts & Finance function with focus on growth of organisations and financial operations excellence. Repeated success in leading preparation and analysis of financial statements, management reports, budgets and forecasts while maintaining complex accounting objectives. Skilled in establishing strategic plans to improve effectiveness of risk management processes and protect theft of organisation assets. Known for leading cross-functional teams, resolving critical issues and revamping process efficiency. Proven expertise in:

External & Internal
Audits Financial
Statements Financial
Management Tax / VAT Matters
Risk Assessment & Mitigation Practical application of IFRSs & IASs Financial Planning & Analysis Corporate & Secretarial Practices
Corporate Governance & Internal Controls Management Accounts Budgeting & Variance Analysis Staff Training & Development
Regulatory Compliance ERP & MIS Reporting Dealing with Banks & Regulators Effective Communication & Negotiation

PROFESSIONAL EXPERIENCE
YYT Food Corporation LLC - UAE
Internal Auditor (March 2016 to August 2018)

YYT Food Corporation LLC is a leading company in the Hospitality Sector of UAE engaged in operating a chain of Quick Service Restaurants (QSRs) in the gulf region with famous brands including Subway, Vanellis, and PadThai.
Developed and implemented strategic audit plans after conducting risk assessment of key business areas while mitigating the risks and managing internal audit activities under annual audit plan. Organised and led visits to all outlets and central warehouse for physical stock verification and management. Managed all leasing matters and corporate & legal affairs of company for business development. Spearheaded control of fit out projects of outlets from conception to completion with the Project Team. Evaluated and improved monthly food costs and sales performance of all outlets by recommending innovative solutions. Collaborated with external auditors to complete annual sales audits of outlets and financial audit of company. Prepared and presented reports to management recommending improvement in processes and controls.
Key Contributions:
? Established, applied and upgraded SOPs across group entities for continuous process improvement.
? Ensured high-level safety of company assets and minimised cash theft risks at high revenue generating outlets by employing effective risk control systems.
? Devised corporate governance structure and formed Board of Directors (BOD) and its committees for company to oversee business as per best practices of Corporate Governance.
? Transformed group from a Family Owned Business to a Corporate Business after acquisition by a Private Equity Firm by changing legal ownership of group companies across the gulf region.
? Enabled company registration with Federal Tax Authority (FTA) as Tax Group by applying online, submitting documents and resolving queries raised by regulator; administered filing of 1st VAT Return.
? Developed Authority Matrix to regulate financial transactions which resulted in better financial control.

Ghazi Fabrics International Limited - Pakistan
Chief Accountant (October 2013 to April 2015)

Ghazi Fabrics International Limited is a leading composite textile unit engaged in production of cotton yarn, PC yarn and grey fabric marketed both within and outside Pakistan. Company is listed on Pakistan Stock Exchange (PSX).
Steered various financial operations including preparation of periodic financial statements, bank accounts reconciliation, income & sales tax matters control and annual books closure management. Directed preparation of monthly management accounts and negotiated export documents and raw material pledge with banks. Executed comprehensive filing system to develop and maintain precise accounting records. Supported CFO in arranging fresh finance facilities and renewals to meet operational demands. Conducted budgeting and variance analysis to mitigate discrepancies for financial process excellence. Engaged in Strategic Financial Planning & Analysis and MIS Reporting of the Monthly Results.
Key Contributions:
? Attained sales tax/Vat refund of PKR 40M from the Tax Authority (FBR) by submitting required documents with the regulator, attending meetings with the officials and continuously following up.
? Produced and published quarterly, half yearly and annual audited financial statements on stock exchange as well as performed interim reviews in collaboration with the external auditors.
? Provided strategic leadership and guidance to a team of 20 members that assisted in achieving set targets.

Riaz-ud-Din Engineering (Pvt) Ltd. - Pakistan
Finance Manager (January 2013 to September 2013)

Riaz-ud-Din Engineering (Pvt) Ltd is one of the leading steel structure sector manufacturing and construction Company in Pakistan.
Prepared monthly and annual accounts as well as forecasted and managed working capital requirements of running projects. Oversaw tax & corporate matters and preparation of invoices. Managed financial matters with financial institutions such as availing bank guarantees, renewal & reduction of bank guarantees, opening of LCs for import, renewal of finance facilities and availing additional finance facilities.
Key Contributions:
? Negotiated facilities with the banks to secure required financing for running projects and working capital.
? Implemented ERP system across the entity to replace manual system of accounting.

Horwath Hussain Chaudhury & Co., Member Firm of Crowe International - Pakistan
Audit Assistant / Audit Supervisor (November 2007 to October 2011)

Horwath Hussain Chaudhury & Co. is a leading and pioneer audit firm in Pakistan.
Planned and conducted Internal & External Audits of corporate clients to confirm financial statements’ compliance with the local laws and International Financial Reporting Standards (IFRSs). Arranged and led meetings with clients’ personnel to negotiate and resolve issues while overseeing corporate and secretarial matters of clients. Created financial and internal controls system manuals to increase operational efficiency of clients.
Key Contributions:
? Oversaw Quality Control Review (QCR) processes which helped Firm to receive Quality Control Review (QCR) rating from regulator to conduct external audit of listed clients.
? Provided best corporate services to clients by upgrading corporate law department of firm.
EDUCATION & CERTIFICATION
M.Com |Higher Education Commission (HEC), Pakistan
Chartered Accountant - ACA | The Institute of Chartered Accountants of Pakistan (ICAP)
PROFESSIONAL DEVELOPMENT & IT KNOWLEDGE
Presentation Skills Training Course (PSTC) | Course of Computer Practical Training (CCPT)
MS Office Suite | ERP Systems: Oracle Financials & JD Edwards, SAP, SAGE ACCPAC, Tally & QuickBooks
PERSONAL TRAITS
Have ability to successfully manage multiple priorities and assignments. Possess effective presentation, verbal and written communication skills. Hard working, responsible, team leader, analytical and problem solving.
PERSONAL INFORMATION
DATE OF BIRTH: April 15, 1985 | NATIONALITY: Pakistani |MARITAL STATUS: Married
VISA STATUS: Visit Visa Valid till April 25, 2019| AVAILABILITY: Available to Join Immediately