Saim Shaikh - ACCA(FCCA), CFE

Experience

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  Aga Khan University Hospital

  Apr 2002 - Apr 2002

  Internee: Finance Department

  • Record Keeping of Financial Documents• Login of invoices pertaining to purchase dept.• Processing of Payment Vouchers of Invoices• GL and Material Mgmt System• Adjustments of Petty Cash Vouchers

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  EY

  Oct 2006 - Oct 2009

  Auditor

  Senior Auditor • Lead Team through o Planningo Executiono Conclusion Stages of Statutory Audits• Engagement Planning and Supervision • Managing Client Relationship • Co-ordinating with professionals of various fields like legal, IT experts and decision making for resolution of critical reportable matters• Evaluating Internal Control Systems/ Control Weaknesses and making appropriate recommendations to management• On job training and professional development of staff• Assisted client in preparation of Financial Statements in accordance with o Financial Reporting Framework in Pakistano IAS/IFRS Complianceo Local Corporate Lawso Directives of Regulatory Authorities• Other Special Assignmentso Sarbanes Oxley Compliance: Johnson & Johnsono Time and Motion Studies: Standard Chartered* Ernst & Young: Secondment to EY Riyadh, Saudi Arabia in there Taxation Dept.(One Month: April 2008)** 2010–2011: Secondment to EY Abu Dhabi, UAE in there Audit Assurance and Business Services Department (One Month: March 2011) Show less

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  Lucky Cement Limited

  Jun 2011 - Aug 2013

  Deputy Manager

  Deputy Manager Accounts/Finance• Review Payments regarding Karachi / Pezu Plant• Make System Implimentations to the Payment Process• Streamline lead time and slack delays for payments using 10g Oracle • Prioritize Payments in various important sectors varying from Lubricants/Steel Sector/Paper Bags • Co-ordinate with plant officials for issues arising pertaining to payments

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  Riyadh Pharma

  Oct 2013 - Feb 2017

  Internal Auditor

  • Direct Reporting to the C.E.O of the Co. • By reviewing, recommending and reporting regarding Internal Controls/System Flows• Interaction with inter-departments at Head Office and Factory Level• Devising process flows for the Co. Department wise • Making recommendations for control weaknesses• Reviewing SOPs of numerous departments and coordinating with departments as to whether work is being streamlined • Working on Oracle System and noting it’s system flows• Noting transitional phase from manual to I.T. oriented transactions for paymentso Debtor Age Analysis Implementation on Oracleo Payments Bar Code System to be centralized for Finance with authorization detailso Clearing/Import Department time lapseo PO Amendment forms to be made rather than new PO being devised againo Inventory: Excess Stock (Clearing Issues)/Shortages (Delivery Time from warehouse)o Purchase Department and Registration Department Roles working reviewedo Regulatory Affairs Department necessity Show less

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  Middle East Specialized Cables (MESC)

  Mar 2017 - Jan 2019

  Senior Internal Auditor

  • Developing risk based internal audit plan for one of the business division located in KSA, covering aspects of operational and financial audit. Understanding overall control environment, developing process flows and narratives • Performing risk assessment of key business functions; Sales, Marketing, Production, Inventory Management, Procurement, Finance, HR & Admin. Identification and mapping of existing controls of key business functions against risks identified • Defining audit scope & objectives, designing audit programs and executing test procedures in line with identified audit risks and objectives. Communicating audit observations to process owners, documenting management response and issuing final audit report to the President and Head of Internal Audit Department (IAD)• Ensuring adherence to MESC guidelines documented in internal audit charter and applicable professional standards Show less

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  KPMG Saudi Arabia

  Feb 2019 - now

  Function and Specialization- Forensics- Fraud Risk Management/Assessment for various financial institutions in KSA along the lines of the CFF SAMA requirements- Regulatory Compliance for Financial Institutions & Manufacturing Entities - Anti-Bribery & Corruption (ABAC) for various Bio-Tech /Life Sciences/Pharmaceutical companies- Ethics & Misconduct Compliance - Sarbanes Oxley (SOX Compliance)- Investigative Reporting on Fraud and Misconduct Function and Specialization- Forensics- Anti-Bribery & Corruption (ABAC)- Ethics & Misconduct Compliance - Sarbanes Oxley (SOX Compliance)- Investigative Reporting on Fraud and Misconduct- Fraud Risk Management- Regulatory Compliance- Internal Audit.

  • Manager - Forensics / Risk Consulting

    Sept 2023 - now

  • Assistant Manager - Forensics, Risk Consulting

    Oct 2021 - Sept 2023

  • Supervisor - Forensic, Risk Consultant

    Feb 2019 - Oct 2021