Usman Ali

Experience

• 

  Deloitte

  Jul 2015 - Jan 2019

  Audit and Assurance Senior

  Key Responsibilities:• Assessment of clients’ business, environment and internal control risk along with a deep understanding of the clients’ industry, business and marketplace.• Planning different audit engagement and review engagements including carrying out risk assessment, client acceptance procedures and developing audit procedures, in line with ISAs and Deloitte International Audit Approach/Methodology• Formulation of audit strategy, setting budgets and pricing, scheduling audits, selecting staff and assigning workloads, and financial reporting• Monitoring and evaluation of systems and underlying records of financial statement assertions;• Conducting and handling the entire audit of various entities independently and directly reporting to partner;• Understanding the business cycles, internal controls system and identification of significant risk areas• Evaluating internal control systems, identifying control weaknesses and making appropriate recommendations to the management / Board of Directors• Supervised preparation of financial statements in accordance with IFRS and local laws• Directed, conducted, supervised and reviewed audit in accordance with ISA and Deloitte audit methodologies• Ensuring satisfactory clearance of my audit engagement from Deloitte’s Engagement Quality Assurance Review (EQAR)• Reporting and assisting Senior Manager/Director/Partner audit & assurance and risk advisory for audit matters• Finalizing engagements, including holding closing meeting with client for resolution of significant matters; drafting reports; and reviewing management letters and presentations for client communication Show less

• 

  BDO Bahrain

  Jul 2019 - Oct 2019

  Audit Senior (Secondment)

  Assessment of clients’ business, environment and internal control risk along with a deep understanding of the clients’ industry, business and marketplace.• Planning different audit engagement and review engagements including carrying out risk assessment, client acceptance procedures and developing audit procedures, in line with ISAs and BDO Methodology.• Formulation of audit strategy, scheduling audits, selecting staff and assigning workloads, and financial reporting• Monitoring and evaluation of systems and underlying records of financial statement assertions;• Conducting and handling the entire audit of various entities independently.• Understanding the business cycles, internal controls system and identification of significant risk areas• Evaluating internal control systems, identifying control weaknesses and making appropriate recommendations to the management / Board of Directors• Supervised preparation of financial statements in accordance with IFRS and local laws.• Finalizing engagements, including holding closing meeting with client for resolution of significant matters; drafting reports; and reviewing management letters and presentations for client communication Show less

• 

  EY

  Jan 2020 - Aug 2021

  External Auditor

  Key Responsibilities:• Assessment of clients’ business, environment and internal control risk along with a deepunderstanding of the clients’ industry, business and marketplace.• Planning different audit engagement and review engagements including carrying out riskassessment, client acceptance procedures and developing audit procedures, in line with ISAs andEY's International Audit Approach/Methodology• Formulation of audit strategy, setting budgets and pricing, scheduling audits, selecting staff andassigning workloads, and financial reporting• Monitoring and evaluation of systems and underlying records of financial statement assertions;• Conducting and handling the entire audit of various entities independently and directly reportingto partner;• Understanding the business cycles, internal controls system and identification of significant riskareas• Evaluating internal control systems, identifying control weaknesses and making appropriaterecommendations to the management / Board of Directors• Supervised preparation of financial statements in accordance with IFRS and local laws• Directed, conducted, supervised and reviewed audit in accordance with ISA and EY auditmethodologies• Reporting and assisting Senior Manager/Director/Partner audit & assurance foraudit matters• Finalizing engagements, including holding closing meeting with client for resolution of significantmatters; drafting reports; and reviewing management letters and presentations for clientcommunication Show less

• 

  BDO UK LLP

  Sept 2021 - Jul 2022

  • Assistant Manager Audit

    Mar 2022 - Jul 2022

  • Audit Senior

    Sept 2021 - Feb 2022
• 

  Deloitte

  Aug 2022 - now

  Assistant Audit Manager