Muhammad Shehzad (ACCA)

Karachi City, Sindh, PAK

Contact +92 304 3030444
shehzad.muhammad@hotmail.com

Summary ACCA member and skilled audit senior with 3.5 years of experience in diverse sectors including
banking & capital markets, asset wealth management, non-profit organizations, manufacturing, and
education. Conducted year-end, interim, and ICFR audits, ensuring compliance with financial
reporting frameworks and banking regulations. Demonstrated expertise in managing day-to-day
finance operations for 11 subsidiaries of a prominent USA-based insurance group.

Skills  U.S. GAAP/IFRS/IAS/ISA  Microsoft Office (Excel, Word, etc.)

 EY Helix/EY Canvas/EY GAM  NetSuite/QuickBooks/Sage
 Data Analytics/Project Management  Bill.com/Concur/Power BI

Work Ernst & Young (Senior Associate) Dec 2019 - Present

Experience Karachi, Pakistan

Responsibilities:

- Designing the audit approach from the planning stage to the completion of audit engagements
for listed & unlisted entities in the financial and non-financial sectors.
- Evaluation of internal controls during ICFR and year-end test of control stage assuring
compliance with provincial and federal laws and regulations.
- Utilizing my team and relationship management skills to ensure that documentation of audit
work papers, from the planning stage to the completion of an audit, adheres to EY Methodology
and regulatory standards.
- Establishing connections with teams and specialists across different areas within EY such as
Tax and IT Audit, managing diverse perspectives, and seeking consultation from Actuaries,
independent valuers, and Lawyers when necessary.
- Generating new insights and proposing innovative solutions to enhance the quality of audits.
- Conducting various aspects of audit work, including issue identification, data analysis, findings
articulation, and drawing well-informed conclusions after discussion with Managers and
Directors.
- Liaison with the engagement manager, director, partner, and client coordinators to smoothly
achieve the milestone of the engagements.
- Managing the engagement team throughout the tenor of assignments to smoothly achieve the
task milestones.
- Prioritizing the team's success by coaching purposefully, being actively present, and
communicating expectations openly.
- Delegating tasks to others to provide learning opportunities and coaching, thereby contributing
to the implementation of the most effective audit approach.
- Supervising & reviewing the work of associates on a timely basis to ensure the audit is being
performed as per EY audit methodology to ensure the deadlines and uphold the firm's code of
ethics and business conduct.
- Compilation of audit findings, Audit Reports, Management Representation Letters, Cover
Letters, and consideration of management responses.
- Conducted analysis of clients' financial data by developing expectations based on historical
data, market and industry conditions, and competitor performance, while investigating
inconsistencies with client management.
- Managed project budgets and monitored financial performance, focusing on optimizing
profitability, while also building relationships with engagement staff and representing the firm.
Collaborating and coordinating with managers on a regular basis to stay updated on new
compliance policies of EY and providing support to junior colleagues through tailored training
and guidance.
- The major components and sections of financial statements audited include branchless banking,
investments, loans and advances, fixed assets, Cash & Bank, Deposits and related expenses,
administrative expenses, revenues, liabilities, and notes to the accounts.
 Integrity Marketing Group (Senior Accountant) Jun 2016 – Dec 2019
Dallas, USA (Remote)

Worked for one of the United States' largest insurance groups, which operates in nearly 50 states
and generates over $2 billion in annual revenue. In my role, I held responsibility for overseeing 11
subsidiaries, with yearly revenues reaching up to $200 million.

Responsibilities:

- Recording general entries based on bank activity, calculating monthly commissions for
payments, and conducting monthly reconciliations in respect of banks and GL.
- Recording purchase of business transactions (Contract Asset) including Purchase Price, Closing
Fee, Holdback Payments (Contract Liability), and Closing Amount meanwhile ensuring the
correct classification of referral fees and holdback payments.
- Performing weekly expense reviews, assessing the nature of transactions associated with each
vendor, and ensuring accurate classification of invoices received by the accounts payable team.
- Prepare monthly financial statements, including Income Statements, Balance Sheets, and
Statements of Cash Flow, and conduct monthly ratio analysis with detailed interpretation to
explain any deviations from the current trend.
- Conducting monthly flux analysis to analytical review the financials to verify the classification
of transactions related to revenues and expenses.
- Collaborating with the financial reporting team to eliminate intercompany transactions for the
group and assisting in the preparation of management reports for review.
- Ensuring prompt and accurate responses to external and internal audit queries, coordinating
with external auditors for interim and year-end tests of controls and substantive testing.

My portfolio includes the following clients:

Banking & Capital Markets Asset Wealth Management Others
United Bank Limited Al-Meezan Asset Management Limited Ihsan Trust
Telenor Microfinance Bank Limited Atlas Asset Management Limited Habib University
Alfalah Asset Management Limited Alfalah Asset Management Limited Froebel’s Education Center
Bank Al-Habib Limited   Thal Limited – Manufacturing

Professional Association of Chartered Certified Accountants (ACCA) Oct 2021

Qualifications ACCA Member
SKANS School of Accountancy, Lahore, Pakistan

Certified Accounting Technician (CAT) June 2012

SKANS School of Accountancy, Lahore, Pakistan

Academic BSc (Hons) in Applied Accounting Nov 2023

Qualifications Oxford Brooks University
United Kingdom

Matric (Science) June 2010

10 Year Education
Pakistan

Personal Date of Birth: 20 December 1992

Information Gender: Male
Marital Status: Single
Nationality: Pakistani

Reference Will be furnished on demand.