
Muhammad Nawaz Arain, ACA

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About me
Chief Internal Auditor at an Electric Supply Company (DISCO)
Education

Institute of Chartered Accountants of Pakistan
2005 - 2013Chartered Accountant Accounting, Finance, Audit & Business ManagementActivities and Societies: Seminars, Trainings, Presentations, Reports

The Institute for Internal Controls - USA
2010 - 2012Certified Internal Control Auditor Finance, Accounting, Auditing and ControlsAssociate member of the Institute of Internal Controls - USA

Chartered Institute of Management Accountants - UK
2005 - 2010Advanced Diploma in Management Accountant Management Accounting, Decision Making, Business Management
Pakistan Institute of Public Finance Accountants
2005 - 2008Associate Public Accountant Accounting and Business Management
Karachi University
2002 - 2005B.com Accounting, Economics, Costing
Experience
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PricewaterhouseCoopers (PwC)
Apr 2005 - Mar 2010My key responsibilities at the position of Associate Consultant included:• Project planning and liaison with client's management• Advising our clients in preparation and implementation of organizational strategies, policies and procedures• Determination and documentation of business processes and internal controls• Benchmarking with internal control standards and best practices• Co-ordinating with professionals of various disciplines in respect of critical evaluations and recommendations• On the-job training and professional development of engagement team members. Show less
Associate Consultant
Dec 2008 - Mar 2010Senior Auditor
Apr 2005 - Dec 2008
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Habib Metropolitan Bank (Subsidiary of Habib Bank A.G. Zurich)
Mar 2010 - Aug 2014Chief Manager AuditIn my position I report to Chief Internal Auditor of the bank and my responsibilities include regular audits of all management functions including Finance, Operations, Risk Management, Treasury, Establishment, HR, Credit Administration, Consumer & Corporate Banking, Secretarial Function and Brokerage Services (being wholly owned subsidiary of the bank).In addition to above I have also been assigned various assignments including Preparation of Internal Audit Policy & Procedural Manual, Analysis & Evaluation of Bank’s Deposit Base, Review of Fixed Assets Tagging Project, preparation of agenda papers for Board Audit Committee and coordination with Global and External Auditors. Show less

PTCL
Aug 2014 - Nov 2016Regional Audit HeadIn my position as Regional Head Audit, I am responsible for complete audit cycle from Risk Assessment and Planning to Audit Execution, Reporting & Compliance of the South Zone at Pakistan Telecommunication Company Limited (PTCL). The south zone covers six regions and fifty divisions located across two provinces of Pakistan i.e. Sind and Baluchistan.PTCL is a subsidiary of Etisalat (Emirates Telecommunications Corporation) and is the leading telecommunication company in Pakistan. It provides telephonic and Internet services nation-wide and is the backbone for the country's telecommunication infrastructure. It manages and operates around 2000 telephone exchanges across the country, providing the largest fixed-line network. Data and other services such as GSM, CDMA, broadband Internet, IPTV, and wholesale are an increasing part of its business. Show less

Oil Sector Public Company
Nov 2016 - Apr 2022Head Of Audit
Electric Supply Company (DISCO)
Apr 2022 - nowChief Internal Auditor
Licenses & Certifications

Certified Internal Controls Auditor (CICA)
The Institute of Internal Controls - USA
Chartered Accountant (ACA)
Institute of Chartered accountants of Pakistan (ICAP)
Volunteer Experience
Mentor
Issued by The Citizens Foundation on Oct 2012
Associated with Muhammad Nawaz Arain, ACA
Languages
- enEnglish
- urUrdu
- arArabic
- puPunjabi
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