Abdul Moeed FCA, CMA - UK

Experience

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  KPMG

  Nov 2007 - Jun 2012

  Supervisory Senior

  Planned, coordinated, performed and reviewed statutory audits, interim reviews and other assignments at various levels. Key roles and responsibilities include:- Planning, supervision and review of external audits.- Review of compliance with International Financial Reporting Standards and local regulations by the companies being audited.- Performing audit steps; examining and analyzing records, reports, documentations and operations.- Performing substantive and analytical procedures for audit, so as to determine the reasonableness of the financial statements’ assertions.- Identifying risks and evaluating internal controls by identifying areas of non-compliance; evaluating manual and automated organizational processes; identifying process weaknesses and inefficiencies; and suggesting improvements.- Reviewing annual and limited scope financial statements for the purposes of statutory audits.- Communicating audit progress and findings in status meetings, highlighting unresolved issues, reviewing working papers and preparing final audit reports.- Applying KPMG Audit Methodology (KAM) on audit clients.- Applying KPMG E-audit software on different clients Show less

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  Morison Menon Chartered Accountants and Partners LLC

  Jun 2012 - Jul 2014

  Manager

  - Promoting firm’s business by bringing new clients and assignments.- Managing firm's overall audit and assurance department. - Application and monitoring of International Financial Reporting Standards (IFRS), International Standards on Auditing (ISAs) and other local laws and regulations.- Managing clients of Financial, Service and Manufacturing sectors. - Firm's training and quality assurance which includes planning of staff resources for the firm and deploying them to achieve the best results.- Firm’s budgeting and planning Show less

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  Index Exchange LLC

  Aug 2014 - Sept 2023

  Head of Finance & Risk, Company Secretary

  - Extensive practical knowledge and experience in Money Remittances, Foreign Currencies, Treasury Deals, Negotiation with Local and International Banks and Coordination with Regulatory Authorities.- Managing the overall Accounting & Finance function of the Company in a productive and efficient manner.- Ensuring compliance with AML laws and statutory regulations- Effectively implemented the Risk Management Framework for Index Exchange LLC comprising of Risk Identification, Risk Measurement, Risk Mitigation, Risk Reporting and Monitoring and Risk Governance.- Performing Financial Analysis and Reporting for more than 20 Business Units dealing in 3 major segments involving 10+ currencies- Implementation of VAT and related regulations.- Proficiently managing the Working Capital and Cash Flow of the Company- Successfully ensuring Compliance with all the secretarial matters of the Company and assisting Directors- Responsible for monthly and annual Reporting to the Board of Directors- Effective Correspondence with more than 80 Local and International BANKS- Preparation of annual and monthly Targets and Budgets for more than 20 Business Units - Assisting Business Development by introducing new ventures, providing financial perspective to campaigns and preparing presentations for the Board. Show less

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  Universal Assets Bank - UAB

  Nov 2023 - now

  Director of Finance And Operations

  - Responsible to look after all facets of Operations and Finance matters of the Bank- Work with CEO and the Chairman to devise Bank’s strategic goals and direction- Hire and train teams for various departments including Operations, Finance, IT, Compliance, Marketing, HR and Admin- Work extensively with the Consultants and Regulators towards attaining Money Services and Payment Services licenses in various jurisdictions such as UAE, USA, Malta and Turkey to facilitate the licensing process- Designed Virtual Assets Risk framework to enable the provision of strongly compliant and robust Virtual Assets services- Manage the teams in various departments ensuring efficient and smooth business operations- Develop policies and procedures including Operations Manual, AML Policy, Virtual Assets Compliance procedures, Risk Management & others- Overseeing AML Compliance of the Bank working closely with the Compliance Team and advising on AML Checks, Systems, Crypto Transaction Monitoring and AML/CFT Enterprise Wide Risk Assessment and Risk Appetite- Support the design and built of Bank’s core IT infrastructure and system by advising on procedures, rules and controls in the areas of accounting, reporting, FX Risk management, liquidity & treasury management and customer service- Work closely with the IT Team to build and enhance system functionalities ensuring robust Internal Controls and diligent Management Reporting- Proficiently meet the requirements from Correspondent Banks and Agents to establish and manage banking relationships- Responsible to meet all the applicable regulatory filings and requirements applicable to the Bank- Support CEO in Business Development by devising appropriate strategies, providing feedback on market trends and sourcing new customers- Thoroughly reviewing Contracts and Agreements from legal, compliance, pricing and limitation of liability perspectives with Banks, Suppliers, Vendors, Third-Part Service Providers and Outsourced Consultants Show less