Fatima Sheren

Experience

• 

  Kreston Hyder Bhimji & co

  Aug 2016 - Jul 2019

  Trainee Auditor

  STATUTORY AUDIT: Following is the detail of major clients where I performed services during mytraining period: Interloop Limited Five Star Textile Industries (Private) Limited Mian Muhammad Trust Hospital Khawaja Cotton Industries SPECIAL ASSIGNMENTS: Mian Muhammad Trust Hospital (With tax and accounting point of view). Khawaja Cottons Industries. TAXATION: Annual Income Tax Returns of Individuals, AOP’s and Corporate Sector Monthly Withholding tax statements of withholding tax on salaried persons andother than salaried persons Show less

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  Kreston Hyder Bhimji & co.

  Aug 2019 - Sept 2020

  Audit Supervisor

  Carrying out 'Finance audit' assignment.During the professional experience with the firm, I was involved in various assignmentsin Audit & Assurance Division, Taxation and Internal Control Evaluations.  Initial planning of the job and identifying risk areas during the process Assessment of control risk and designing the tests of controls for specific areas inconsultation with the engagement manager; Analysis of Financial Statements Discussions with the clients regarding the various accounting or other issues/matters identified during the assignment; Reviewing the work done by the team members and getting it reviewed by theengagement manager and partner; Extensive application of the International Financial Reporting Standards (IFRS)and preparation of financial statements in compliance therewith; Preparation of other deliverables, such as, management letter identifying controlweaknesses, its implications and recommendations; and Verifying compliance with various laws relating to the client.Responsibilities in INTERLOOP LTD:-Worked on following modules:- Payables inquiry Purchasing inquiry Receivables inquiry General Ledger inquiry Goods Receipt Note (GRN) Tracking Transaction IDL General Ledger Inquiry Interloop General Ledger Inquiry Interloop HRMS Reports (Audit) Interloop Inventory Accounts User -YMR Interloop Inventory Accounts User Requisition Inquiry Audit of Payable Vouchers including Packing, Yarn, Store (supplies+services+contractual), Fixed Assets, Foreign Currency, Prepayment vouchers, Construction, salaries. Payment of above said vouchers.Working on salaries, Journal Vouchers.Preparation of Bi-Monthly report . Show less

• 

  Interloop Limited

  Sept 2020 - now

  1.Led audits encompassing HR, Admin, salaries, and final settlements for both executive and non-executive employees, ensuring compliance with regulations and internal policies.2.Spearheaded the automation of the TA/DA process, resulting in a significant increase in efficiency and a reduction in processing time.3.Managed a diverse portfolio of audits, including loans for all employees and supplier payments, consistently maintaining accuracy and integrity in financial transactions.4.Currently integral to the payment team handling transactions for Group, Interloop Limited, Interloop Holdings Private Limited, and subsidiaries which includes, Interloop Dairies, IRC Dairy Products Pvt. Ltd, Socks and socks Pvt Limited, Momentum Logistics, Octans Digital (Pvt) Ltd, ensuring seamless financial operations.5.Successfully conducted audits for company loan payments, employee benefits, and final dues, contributing to improved financial transparency and risk mitigation.6.Implemented streamlined processes for stock taking and auditing of local receipts, resulting in enhanced inventory management and cost savings. Show less

  • Senior Officer Internal Audit

    Jul 2024 - now

  • Executive Auditor

    Sept 2020 - now