Fraz Ahmad

Audit Senior III

• Job Details:Led and managed audit engagements from planning through to completion. Supervised teams of junior and intermediate auditors, providing on-the-job training and ensuring compliance with IFRS and ISA. Reviewed and audited consolidated financial statements, ensuring accurate elimination of intercompany transactions and compliance with IFRS 10 and related standards. Conducted risk assessments and developed tailored audit strategies for digitally driven and fast-scaling clients. Reviewed and tested internal controls, identifying weaknesses and providing practical recommendations for improvement. Ensured accurate and timely completion of audit working papers, supporting audit opinions and management letters. Liaised with client management, including CFOs and department heads, to resolve audit issues and ensure effective communication. Prepared financial statements in compliance with applicable financial reporting frameworks including IFRS and local regulations. Evaluated revenue recognition policies, ensuring compliance with IFRS 15. Assessed going concern and financial viability of startups and early-stage companies in the software industry. Performed analytical review procedures and variance analysis for insurance brokers and digital-first businesses. Managed tight reporting deadlines and multiple assignments while maintaining high audit quality and professional standards. Assessed recognition and measurement of deferred tax assets and liabilities in accordance with IAS 12, ensuring accurate presentation and disclosure in the financial statements. Collaborated with tax and advisory departments to provide integrated client service solutions where necessary. Utilized audit software and data analytics tools (e.g., Caseware, Smart Audit, Excel) for efficient engagement execution.

Audit Senior III

• Job Details:Managing multiple audit clients from planning to finalization of audit engagements. Develop and implement audit plans and programs. Coordinating audit assignments and ensure timely completion of audits. Conducting risk assessments to identify key areas of concern and evaluate the effectiveness of internal controls and risk management processes. Ensure audits are conducted in accordance with established standards and regulations. Staying updated with changes in laws and regulations affecting audits. Preparing and reviewing audit working papers for accuracy and completeness. Preparing detailed audit reports with findings and recommendations for improvements. Keep up to date with industry’s best practices and new developments in the field of auditing.

Audit Associate

• Job Details:Conducted thorough reviews of financial statements to ensure accuracy, completeness, and compliance with applicable accounting standards and regulations. Assisted in identifying and assessing financial and operational risks, developing risk mitigation strategies, and implementing internal controls to enhance the organization's risk management framework. Evaluated the effectiveness of internal controls, recommending improvements to enhance operational efficiency and minimize the risk of fraud or errors. Collaborated with senior auditors to develop audit plans, defining audit scope, objectives, and testing procedures, while ensuring alignment with business goals. Performed substantive testing, analytical procedures, and sampling techniques to verify the accuracy of financial transactions and supporting documentation. Verification of invoices and relevant credit notes. Verified compliance with relevant laws, regulations, and industry standards, ensuring that the organization operates within legal and regulatory boundaries. Prepared comprehensive audit findings and reports, highlighting key observations, risks, and recommendations for management to address and improve upon. Effectively communicated audit results and findings to clients, facilitating discussions on corrective actions and best practices for financial management. Collaborated with cross-functional teams, including finance, legal, and operations, to gather information, address audit issues, and ensure a coordinated approach to risk management.