Bilal Malik - ACA (ICAEW)

Experience

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  PwC

  Dec 2006 - Jun 2010

  Senior

  During 3 ½ years of article ship in A. F. Ferguson & Co. (Chartered Accountants), a member firm of PricewaterhouseCoopers(PwC) U.K. and an approved employer from ACCA, I have availed all the opportunities of professional development and gained immense knowledge and experience in following disciplines:o Assurance and Business Advisory Services (ABAS); ando Global Risk Management Solutions (GRMS)

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  Chowdary & Co (Chartered Accountants and Registered Auditors)

  Sept 2010 - Feb 2012

  Accountant

  I was a full time student of ACCA for 18 Months to complete my ACCA qualification (passed all ACCA exams in 1st Attempt). During my studies I was working part time in Chowdhary & Co. After completing my qualification I was working as a full time employee of Chowdhary & Co.My main Responsibilities in Chowdhary & Co. were as follows:o Preparing Accounts for Limited Companies based on IFRS.o Making Audit plans and realistic timelines for clients and monitoring and revising, where required according to the ground realities.o Supervising juniors in Audit team and get the audit work reviewed by the Senior Partner.o VAT calculations and Filing of VAT returns with HMRC on behalf of clients.o Payroll calculations including issuing P45, P60 (on Sage Payroll System).o Communicating with HMRC on issue relating to VAT and Payroll. Show less

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  Depa UK Ltd

  May 2012 - Jan 2014

  Accountant

  I was working as an Accountant (acting financial controller) in Depa UK (Global Interior Solutions), London, UK. Depa UK, with annual revenue of more than GBP 6 million (PKR 1,026 Million approximately), is a subsidiary of Depa Ltd (Dubai, U.A.E). Depa Ltd specializes in the full-scope turnkey fit-out and furnishing of five-star luxury hotels, yachts, apartments, and other fine private and public facilities in Dubai and around the world. Depa Ltd has steadily grown and expanded throughout Europe, Africa, Asia, and the Middle East.During my experience with Depa UK my responsibilities were as follows:o Delivering solid monthly management information and strategic support as well as robust financial control.o Financial evaluation and negotiation of commercial opportunities.o Implementing effective financial and performance management tools via regular and accurate reports and forecast.o Establishing strong working relationships with client/supplier’s finance department as well as bankers, auditors, lawyers and insurers.o Preparing monthly cash flow projections.o Preparing monthly and annual Budget.o Dealing with audit queries, 1st point of contact for auditors. Finalized audit for 2011, 2012 and 2013.o Leading, developing and motivating a small finance team to add value to the business processo Inter-company & Bank reconciliations.o Supervising/authorizing Payroll run, VAT and CIS returns.o Supervising overall finance department and helping staff with issues on Sage accounting system in place. Show less

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  MCB Bank Limited

  May 2014 - Sept 2020

  Audit Manager

  Planning, execution, and finalization of a detailed audit of different branches/offices including discussions with the management.• Managing audit assignments of various Branches/groups/ divisions/ departments/Trust.• Conduct planning meetings with the auditee to discuss the scope of the audit, significant findings from previous audit reports, identify areas of significant risk etc. • Discuss audit observations with the relevant process owner and obtain management comments on these observations. Escalate critical issues warranting immediate corrective action to the relevant Region Head Audit.• Recommend value addition in “Audit Master Data” based on amendments in laws, regulations as well as the Bank’s policies & Procedures. • Identifying financial, regulatory and business risks and suggesting appropriate controls to manage the same.• Review of Related Party Returns for the State Bank of Pakistan quarterly. Show less

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  The Bank of Punjab

  Sept 2020 - now

  • Planning, execution, and finalization of review of different Branches/Non-Branch Entities including the discussions with the management.• Preparing a half-yearly testing plan and submitting it to the Divisional Head Compliance Governance & Control for approval.• Review/develop a checklist of branches/Non-Branch Entities and submit for approval to the Divisional Head Compliance Governance & Control for approval.• Manage a team of six individuals and conduct planning meetings with the team to discuss the scope of review, significant findings from previous review/SBP audit reports, identify areas of significant risk, etc. • Recommend value additions based on amendments in laws, regulations as well as Bank’s policies & Procedures. • Identifying compliance/financial/regulatory exceptions and suggesting appropriate controls to manage the same.• Review of draft reports of team members for final issuance.• Execution and finalization of special investigations assigned by senior management.• Managing review assignments of various branches/Non-branch Entities and special investigations. Show less

  • Unit Head Compliance Assurance

    Nov 2024 - now

  • Senior Manager Compliance Assurance

    Sept 2020 - Nov 2024