Muhammad Fayez Khan Lodhi

Experience

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  Mindset Institute

  Dec 2010 - Nov 2011

  Accountant

  • Managed full-cycle accounting tasks, including entries, reconciliations, and financial statement preparation.• Oversaw budgeting and forecasting, integrating program enrollments and fee collections, and handled cost center accounting for educational programs.• Contributed to the implementation of new accounting software and took on additional roles, such as student counseling, enhancing operational efficiency and student support.

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  RSM International

  Dec 2011 - Nov 2013

  Auditor

  • Conducted internal audits for RSM Saudi Arabia, identifying key areas for improvement and ensuring compliance across multiple sectors.• Implemented systems and optimized processes, significantly enhancing operational efficiencies in industries such as insurance, retail, agriculture, livestock, and construction.• Followed up on previous year's findings and presented audit results to the Audit Committee, providing targeted recommendations to process owners and assisting in the formulation of management action plans. Show less

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  KPMG Saudi Arabia

  Nov 2013 - Jan 2020

  • Led extensive external audits across sectors such as insurance, asset management, IT, service industries, and manufacturing, applying IFRS and US GAAP for both US and international clients, improving compliance and operational standards.• Assessed and strengthened financial data and internal controls per International Auditing Standards and Ethics, while providing essential corporate governance and compliance advisory services.• Mentored over 45 professionals to senior roles, enhancing team skills and cohesion, earning the nickname "professor" for outstanding leadership in development.• Expertly managed critical transitions and implementations of accounting standards such as ASC 326, ASC 350, ASC 605, ASC 840, and from ASC 985 to ASC 606, along with significant IFRS standards like ECL under IFRS 9, significantly optimizing financial reporting and compliance. Show less

  • Assistant Manager

    Oct 2019 - Jan 2020

  • Supervisor, Audit

    Oct 2018 - Sept 2019

  • Senior Auditor, Audit

    Oct 2015 - Sept 2018

  • Auditor, Audit

    Nov 2013 - Sept 2015
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  KPMG US

  Jan 2020 - Apr 2021

  Senior Associate III

  • Managed comprehensive audits from start to finish for diverse sectors including technology, media, and food industries.• Participated in control testing and SEC reporting for a notable Silicon Valley-based software company, contributing to the 10-K reports and enhancing adherence to SEC requirements.• Demonstrated strong interpersonal skills by actively engaging with client management, which facilitated the collection of essential information, resolution of critical issues, and provided strategic recommendations for operational enhancements. Show less

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  CFGI

  May 2021 - Jun 2023

  • Served as the primary liaison with auditors, coordinating all documentation and ensuring compliance with regulatory requirements.• Drafted technical accounting memorandums on diverse topics, providing essential guidance and support to clients.• Analyzed transaction data and customer agreements to determine the agent or principal role in crypto transactions under ASC 606 for a leading crypto trading platform.• Performed IFRS to GAAP conversion projects, ensuring accurate financial statement preparation and regulatory compliance.• Implemented new accounting standards, focusing on lease (ASC 842, IFRS 16) and revenue recognition (ASC 606, IFRS 15), improving compliance processes.• Managed financial closing processes for a cloud-based platform, ensuring timely and accurate financial reporting by overseeing activities like bank reconciliations, journal entries, inventory adjustments, and the generation of financial statements.Industries:I've worked with clients in technology and software, manufacturing, beauty & biotechnology, and consumer products. Show less

  • Manager, Accounting Advisory

    Dec 2021 - Jun 2023

  • Senior Consultant

    May 2021 - Dec 2021
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  Connor Group

  Jun 2023 - Apr 2024

  Manager, Technical Accounting

  • Prepared various accounting memos for ERP implementation, merger activities, stock warrants, and cheap stock valuations.• Participated in the preparation of S1 Forms and MD&A, along with disclosure checklists, demonstrating a comprehensive understanding of SEC reporting and compliance requirements.• Liaised with auditors and prepared audit-ready financials for a major Food Tech company, skillfully managing complex financial statement preparations, disclosures, and cash flow analyses (ASC 230, ASC 350).• Managed quarterly revenue closings for a leading SaaS provider and a major semiconductor company, ensuring accurate revenue recognition (ASC 606) and financial reconciliations using NetSuite, BlackLine, and SAP systems. Show less

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  Hormel Foods

  Jun 2024 - now

  Manager, Technical Accounting