Ahmad Hammoud

Experience

• 

  Deloitte

  May 2017 - Jun 2017

  Audit Intern

  • Supported the senior in charge in completing in audit planning, documented all audit procedures, and stayedup to date with current laws and regulations.• Performed analytical review of audit documents.• Reviewed client account and operating procedures of internal control

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  EY

  Aug 2017 - Aug 2017

  Audit Intern

  • Supported the senior in charge in completing in audit planning, documented all audit procedures, and stayedup to date with current laws and regulations.• Collected and analyzed financial data, assisted in the creation of financial statements and reports, andexamined the company's accounts.• Executed various administrative duties, supported supervisors with various tasks as required, and maintainedrelevant documents and files.

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  EY

  Sept 2018 - Aug 2019

  Associate Auditor

  • Identified the bookings of client's management and ensured the proper segregation of duties through data analytics • Identified and assessed material entries through data analytics and inquired with the client to understand the operations of the company • Extracted financial data and analyzed annual, monthly and weekly trends through the implementation of data analytics and data mining specifically, trends in booking of revenues, expenses, receivable and payable sections • Completed audits for companies in the field of Construction, Contracting, Insurance, Hospitality, Retail and Non-profit organizations• Prepared working papers, reports and supporting documentation for audit findings• Completed audit papers by thoroughly documenting audit tests and findings Show less

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  PwC Middle East

  Sept 2019 - Sept 2021

  • Led the Internal Control report for Consumer Banking Business Unit for one of the largest banks in by conducting inquires and walkthroughs with department heads, managers, and staff documenting control deficiencies and pain points.• Advocated process improvements, recommendations, and best practices to the bank’s management by discussing potential control deficiencies noted through the observation and inspection of bank processes and policy and procedures.• Compiled Appendices for Consumer Banking Group business unit in accordance with Central Bank of Kuwait banking regulations and documented key risks and controls implemented throughout each department under the Consumer Banking Group. Show less • Prepared and compiled annual and interim financial statements in accordance with IFRS.• Completed audits in the field of Oil and Gas, construction, banking, retail, manufacturing, telecommunications, and governmental sector in Kuwait. • Led and acted as senior on the job for small and medium entities engagements conducting statement audit procedures in a timely manner and completing full audit cycle including Planning phase, Execution phase, Completion phase and till issuance of the financial statements.• Conducted Risk Assessment variance analysis to determine significant account changes and investigated difference above audit materiality through inquiry and by reflecting year on year changes in the Macro and Micro-economy.• Led the communications with the client in obtaining list of requirements and advised on the applications of IFRS standards.• Identified material entries through Data Analytics and inquired with the client to understand the operations of the company. Show less

  • Risk Consultant | Secondment

    Jun 2021 - Sept 2021

  • Associate Auditor | External Audit

    Sept 2019 - Sept 2021
• 

  EY

  Sept 2021 - May 2023

  Senior Consultant | Financial Accounting Advisory Services

  • Assisted companies in the GCC region in their Initial Public Offering by benchmarking against listed entities, best practices, conducting Current State Assessments, reporting on gaps and identifying instances of incompliance with Capital Market regulations post-IPO.• Collaborated with managers to identify process inefficiencies within the Financial Statement Closing Process to create and recommend approaches to achieve best in class practices and report within the timeframe set by regulatory authorities.• Led the development of Policies and Procedures, Charters and Corporate Governance by performing a diagnostic review, highlighting inconsistencies and areas of improvement, and implementing a remediation accordingly.• Supported the team in Carve out accounting for one of the largest retailers in Kuwait, including analyzing financial data, valuing assets and liabilities, and preparing proforma financial statements for carved-out entities. • Advised on various accounting issues and developed technical accounting papers in response to client queries on impact of IFRS standards.• Advocated process-level improvements, recommendations, best practices for corporations and financial institutions across the middle east identifying and resolving key deficiencies and pain-points.• Played an active role in enhancement of Financial Statements accounting policies and disclosure forcompanies in the Middle East.• Supported the development of Organization Structures and Policies & Procedures in line with best practices for major Governmental entities within Kuwait.• Advised on operational performance improvement solutions encompassing an assessment of functional processes and their related financial and operational risks. Show less

• 

  KPMG in Kuwait

  May 2023 - now

  Financial Transformation: Led financial transformation initiatives, including the revamp of finance processes and workflows, conducting maturity assessments, and driving operational and cost efficiency. Moreover, supported the implementation of ERP systems to enhance overall financial management aligning with organizational goals.Financial Management and Reporting: Partnered with Financial Managers to identify inefficiencies within the Financial Statement Closing Process, recommending and implementing solutions to achieve best-in-class practices. Moreover, compiled both annual and interim financial statements in compliance with IFRS, while also preparing carved-out proforma financial statements based on client assumptions. Process Re-engineering: Led the development and implementation of policies and procedures for a diverse portfolio of clients across various sectors, by conducting thorough gap analyses to identify areas of improvement and developed leaner processes. Corporate Governance: Led the development of a robust Corporate Governance Framework and Board Committee Charters, ensuring full compliance with local regulatory requirements and alignment with global best practices. IPO Readiness: Assisted companies in the GCC region with their Initial Public Offering by benchmarking against publicly listed peers and industry best practices. Business Improvement Services: Played a key role in a multi-million-dollar project aimed at enhancing quality assurance processes for a leading governmental entity overseeing nationwide Oil and Gas projects. This involved developing new methodologies, design principles and KPIs, as well as, optimizing business workflows, and improving operational efficiency, all while complying with relevant regulatory authorities and best practices. Show less

  • Manager | Management Consulting

    Oct 2024 - now

  • Assistant Manager | Management Consulting

    May 2023 - Oct 2024