Muhammad Taha Riaz L ACCA, MSc. (Data Analytics)

Experience

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  Institute of Securities Management and Reasearch (ISMAR)

  Apr 2010 - Jun 2010

  Management Trainee

  Technical Analysis of Currencies,Financial Market Analysis,Trading in Forex etc.

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  Haroon Zakaria and Company, CA's, An Independent networking firm of MSI Global Alliance

  Jun 2011 - Dec 2015

  Senior Audit Associate

  As a senior member of the audit department, my key responsibilities entail:• effective planning and execution of audit engagements (as per the requirements of International Standards on Auditing) and other assignments to ensure completion of the same within the prescribed deadlines;• assisting clients in the preparation of financial statements in accordance with the applicable International Financial Reporting Standards (IFRS), corporate laws and listing regulations and other directives of regulatory authorities;• review of internal control systems and identification of significant weaknesses and recommending improvements thereon;• liaising with, and developing good working relationships with clients to deliver engagement expectations and providing ongoing advisory services; Show less

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  Kinfross Inc

  Mar 2014 - Jun 2020

  Co-Founder
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  Chartered Accountants Students' Association -South (CASA-S)

  Jun 2015 - Jan 2018

  Member of sub-committee (Education)
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  Haroon Zakaria and Company, CA's, a networking firm of MSI Global alliance, UK

  Jan 2016 - Apr 2016

  Supervisory Senior (Audit and Assurance department)

  Worked as Supervising Senior in the Assurance department, Haroon Zakaria and Company, CA's, a networking firm of MSI global alliance, UK. My major responsibilities includes:- Effective planning and co-ordination of assignments to meet stringent deadlines, including supervision, training and motivation of team members;- Conducting business and audit risk assessments through client meetings and via research and analysis;- Ensuring compliance with International Standards on Auditing for audit engagements;- Liaising with, and developing good working relationships with clients to deliver engagement expectations;- Co-ordination with professionals in various fields like legal, actuarial, taxation and IT experts;- Assisting clients in the preparation of financial statements in accordance with the International Financial Reporting Standards (IFRS), corporate laws and listing regulations and other directives of regulatory authorities;-Providing ongoing advisory services to non-audit clients; and-Evaluating internal controls, identifying control deficiencies and making appropriate recommendations to the management. Show less

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  Deloitte

  Apr 2016 - Apr 2018

  Roles and responsibilities:I worked as a Supervisor (Audit and Assurance) and Senior Consultant (tax) and reported directly to the Directors. I was involved in:•Lead external audit engagements through audit planning, execution, and conclusion stages through various audit procedures as per the requirements of ISAs, IFRS, local regulatory requirements and Deloitte Audit Methodology; •Conducted monitoring and coordination of engagements related to evaluating and testing of organizational internal controls and risk management processes, recommending corrective steps based on global best practices and follow-up review of implementation of recommendations;•Lead other special nature assignments involving; supervision, review, and finalization of engagements managing large teams & liaison with client’s management ensuring communications at appropriate levels of authority. • financial and tax due diligence assignments of various companies incl. MNCs and high-end local pharmaceutical and chemical companies;• Engaged in appeal matters of clients at various appellate levels.•Worked on tax computations and other advisory matters.• Extensive use of audit software i.e. Deloitte EMS and Microsoft packages.•Supervised & managed audit and tax teams, and concluded various clients within tight deadlines.Major Clients1. Pharmaceutical Industry – Martin Dow Limited2. Power Industry - K-Electric for Shanghai Electric, China (Due Diligence)3. Chemical Industry - Linde Pakistan (now Pak Oxygen Limited)4. Oil and Gas Industry - OMV Maurice, OMV Maurice Energy Limited and OMV (Pakistan) Exploration Gesellschaft G. m.b.H.5. Charity - Green Crescent Trust Show less Roles and responsibilities:Deloitte is one of the big four multinational audit and consultancy firms of the world. I worked as a Consultant and reported directly to Senior Manager. I was involved in:• Coordinating with tax authorities.• Engaged in tax department proceedings regarding amendment proceedings and monitoring of withholding taxes. • Engaged in appeal matters of clients at various appellate levels.• Tax returns (direct) preparation and e-filing on behalf of the clients. • Making different tax compliance on behalf of the client. • Responding various notices, on behalf of the client, issued by tax department. • Coordinating with tax authorities.• Preparation and filing advance tax on behalf of clients.• Filing withholding tax statements on behalf of the client.My major clients were: 1. Shell Pakistan Limited and all its subsidiaries2. State Life Coporation of Pakistan3. Huntsman Pakistan (Private) Limited4. Pakistan Reinsurance Company Limited Show less

  • Audit Supervisor and Senior Consultant (Tax)

    Jul 2016 - Apr 2018

  • Consultant

    Apr 2016 - Jul 2016
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  A. F. Ferguson & Co. (a member firm of the PwC network)

  Apr 2018 - Jul 2018

  Supervising Senior

  I was initially hired as a Supervisory Senior-tax with primary responsibility of supervision and review of a wide range of taxation matters of the firm’s client allocated to me however, after joining I was seconded to the audit department. My work inter alia includes: • Using team and relationship management skills to ensure that my and the audit team’s documentation - from planning to completion of an Audit, meets PwC and regulatory standards;• Responsibilities for all stages of audits including planning, execution and completion; • Completing a variety of areas of audit work which includes the identification of issues, analysis of data, articulation of findings and the ability to draw informed conclusions; • Completing audit processes and documenting higher-risk areas to increase technical and business skills in areas including revenue, financial instruments and income taxes;• Understanding our clients’ unique ambitions and needs and referring them to colleagues in other teams and areas to broaden our business relationships where possible; • Reviewing the work of team and providing informal feedback throughout the fieldwork stage;• Engaging clients and providing authoritative advice and professionalism throughout transactions;• Reviewing the work of others’, providing commentary and feedback to support the teams technical development and enhance audit quality; • Coordinating activities of various experts involved in the audits - Tax experts, legal experts, actuarial experts etc.;• Extensive use of audit software i.e. Aura and Microsoft packages. Show less

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  Martin Dow Limited

  Aug 2018 - Jul 2022

  •Prepared financial statements as per International Financial Reporting Standards (IFRS).•Prepared and analyzed financial information to prepare financial statements including monthly and annual accounts and ensured financial records complied with accepted policies.•Established and monitored the implementation and maintenance of accounting control procedures.•Valuation of potential pharmaceutical brands (Target) through sales factor method, NPV, and royalty rights methods for acquisitions amounting to PKR 2,200 Million (successful brand acquisitions).•Advised on transaction restructuring options for aforementioned acquisitions.•Implemented IFRS 15 in the corporate environment.•Tax planning for transactions especially for the Martin Dow Group which resulted in a saving of PKR 440 Million.•Coordinated effectively with external auditors i.e. A.F. Ferguson and Co. (PwC Pakistan) regarding external audits and their timely completion.• Coordinated with various FBR and SRB for the resolution of issued notices.• Advised on IFRS for group transactions.•Supervised the team of four professionals ensuring completion of assigned tasks to provide them with the necessary training and mentorship. Show less

  • Manager - Reporting and Taxation

    Apr 2022 - Jul 2022

  • Senior Associate Manager - Financial Reporting, Transactions restructuring and Taxation

    Oct 2020 - Apr 2022

  • Senior Assistant Manager - Financial Reporting and Taxation

    Apr 2020 - Sept 2020

  • Assistant Manager - Corporate Affairs

    Aug 2018 - Mar 2020
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  Emaar Pakistan

  Jul 2022 - Jan 2024

  Finance Department
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  Independent

  Feb 2024 - now

  IFRS, Business and Tax Advisory Consultant