Waseem Hassan

Experience

• 

  PwC

  Apr 2012 - Jun 2012

  Audit Trainee

  • Audit Support & Understanding: Assisted audit teams in gaining a comprehensive understanding of the work performed during client engagements.• Detailed Testing Procedures: Conducted detailed testing procedures at client sites, ensuring accurate data collection and analysis.• Inventory Management & Controls: Performed stock take events and reconciliations. Managed warehouse teams for data collection and reporting, contributing to a consolidated view of inventory.• Audit Working Papers: Reviewed audit files to gain in-depth understanding of client processes and prepared comprehensive working papers to document audit findings. Show less

• 

  United Nations

  Jul 2012 - Feb 2013

  Finance Trainee

  Managed and reported on diverse development projects, including budget preparation, analysis of variances, and progress reporting.• Project Monitoring & Compliance: Reviewed and analyzed quarterly project progress reports to ensure adherence to United Nations guidelines and monitor project execution.• Financial Management: Verified the justifications for fund disbursement and ensured transfers only after meeting all the requirements. Managed project funds, allocating resources effectively across projects.• Project Documentation & Recordkeeping: Maintained comprehensive project files and records in accordance with UN policies, facilitating transparency and auditability.• Stakeholder Collaboration: Collaborated with program departments to verify project progress. Conducted field visits for physical verification of project deliverables.• Financial Reporting & Reconciliation: Assisted in preparing bank reconciliations and other financial reports, ensuring accurate financial oversight• Multi-Stakeholder Project Management: Managed complex projects involving multiple stakeholders. Conducted risk assessments, implemented standard operating procedures for contracts, and reviewed contract performance. Show less

• 

  RSM PAKISTAN (RSM Avais Hyder Liaquat Nauman Chartered Accountants)

  Mar 2013 - Oct 2016

  • Audit Engagement Management: Planned and executed audits for diverse clients, ensuring adherence to International Standards on Auditing (ISAs) and RSM Methodology.• Risk Assessment & Understanding: Gathered in-depth understanding of client entities, their business environment, and internal controls to develop comprehensive risk assessment procedures, including analytical reviews and walkthroughs.• Financial Statement Compliance: Ensured client financial statements complied with local regulations, IFRS, IAS, and industry-specific reporting requirements.• Regulatory Compliance: Verified client adherence to applicable corporate and tax laws.• Data Analysis & Verification: Performed thorough analysis and review of both financial and non-financial information to verify audit assertions across various financial aspects.• Management Reporting: Prepared insightful management letters, identifying control weaknesses, regulatory non-compliances, and accounting system deficiencies. These reports outlined potential implications and recommendations while maintaining positive client relationships.• Audit Finalization & Deliverables: Completed audits by drafting deliverables, including individual and consolidated financial statements.• Group Audits & Consolidation: Verified consolidated financial statements, focusing on intra-company transactions, unrealized gains, inventory valuations, and balances with associated companies. Show less

  • Supervisor Audit & Assurance

    Mar 2016 - Oct 2016

  • Audit Trainee

    Mar 2013 - Mar 2016
• 

  MAS Consulting Group

  Apr 2017 - Sept 2018

  VAT Lifecycle Management: Managed VAT registrations, amendments, and de-registrations for clients, ensuring smooth transitions throughout the VAT lifecycle.• VAT Impact Analysis: Conducted in-depth VAT impact assessments using Transaction Identification Analysis (TIA) documents, proactively identifying potential tax implications for clients.• IT & System Development: Collaborated with IT teams by defining clear VAT compliance requirements and developing various scenarios for system development, leading to efficient VAT management solutions.• VAT System Testing & Quality Assurance: Performed User Acceptance Testing (UAT) for VAT systems, proactively identifying and resolving flaws to ensure seamless functionality.• VAT Compliance Documentation: Prepared accurate and compliant VAT invoices, addressing related issues to maintain comprehensive documentation for clients.• Complex Transaction VAT Treatment: Provided expert guidance to clients navigating VAT treatments for intricate transactions, ensuring full compliance. Show less

  • VAT Manager

    Mar 2018 - Sept 2018

  • VAT Consultant

    Apr 2017 - Mar 2018
• 

  Al-Futtaim

  Oct 2018 - now

  Oversaw tax compliance for Al Futtaim Group's diverse business sectors across the GCC and Overseas, including Corporate, Real Estate, Construction & Contracting, Engineering & Technology, Healthcare and Schools.• Tax Compliance & Reporting: Managed tax compliances and reporting deadlines/deliverables, ensuring adherence to the Group's Tax Operating Model. Prepared monthly reports for senior management on tax compliance, audits, payments, refunds, accounting, GLs, and FS impact.• Tax Process Management: Led the Tax Tower team, ensuring timely and effective delivery of tax compliance and reporting. Streamlined tax processes, implemented automation, and improved data archiving for efficient return preparation.• Tax Authority Liaison: Effectively communicated with tax authorities regarding VAT & CIT registrations/de-registrations, group amendments, voluntary disclosures, tax refunds, FTA queries, and tax audit.• Financial Statement Management: Managed tax-related FS items, including all tax GLs and accounting. Ensured continuous clearing of tax GL balances and accurate reflection of tax liabilities and assets.• Data & Reporting Optimization: Developed and improved tax record-to-report processes for efficient and timely data delivery to internal and external stakeholders.• Business Integration: Supported businesses with new tax registration requirements by incorporating them into the common working paper template and process.• Tax Automation: Led the Tax Tower team on various automation projects, automated the reporting by incorporating the Tax automation tool with the help of IT.• Achievements: Nominated for various awards such as, employee of the year 2023, employee of the quarter twice, the annual automation award for FY 2022. Show less Managed tax compliance for Al Futtaim Group's Automotive division, a major contributor to the UAE's top ten taxpayers.• VAT Return Preparation: Prepared VAT returns for Al Futtaim Group's Automotive division in the UAE, ensuring accuracy and timely submission.• Process Automation: Streamlined VAT return preparation processes by implementing automation for validations and reconciliations, improving efficiency and accuracy.• Tax Documentation & Archiving: Maintained a comprehensive tax documentation and archiving system for the Automotive division, ensuring accessibility and compliance.• Tax Audit & Authority Liaison: Managed tax audits for the Automotive division and effectively communicated with tax authorities to resolve inquiries and ensure smooth compliance.• Tax Team Development: Developed and delivered tax process training for the team, enhancing their knowledge and skills for effective compliance management.• Data-Driven Insights: Created dashboards and reports to provide clear tax-related insights and support informed decision-making.• Business Partner: Provided ongoing tax support to business units within the Automotive division, addressing system issues, clarifying tax applicability, and helping navigate compliance challenges. Show less

  • Senior Manager - Tax Back Office

    Mar 2025 - now

  • Manager & Team Lead - Tax Back Office

    Nov 2021 - Mar 2025

  • Tax Manager - Automotive

    Oct 2018 - Oct 2021