Junaid Syed

Experience

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  KPMG Taseer Hadi and Company

  Jun 2002 - Nov 2006

  Junior Auditor to Assistant Manager

   Managing, Planning, Supervision and Review of Financial Audits, of various clients. Review of compliance with International Accounting Standards and generally accepted accounting practices by the companies being audited and providing them professional advice over their compliance status. Keeping the Clients of the firm well aware of requirements of International Financial Reporting requirements, which are needed to be complied with.During the association with KPMG supervised / assisted in the audits of following companies; • Finance/Insurance/Pharma/Engineering Sectors: AMZ Plus Income Fund  Alfalah GHP Value Fund  Arif Habib Funds  Khadim Ali Shah Bukhari- (KASB)  State Life Insurance Company  EFU General Insurance Banking Service Corporation, a subsidiary of State Bank of Pakistan  Hyderabad Electric Supply Company  Pakistan Income Fund  Pfizer Laboratories  Parke Davis Limited  Alfalah SecuritiesServed a secondment with KPMG Riyadh Office and being involved in audits of following clients; • Banking Sector: The Saudi Arabian British Bank (a subsidiary of HSBC International)  Gulf International Bank-B.S.C- Saudi Arabia Branch Show less

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  PwC - Muscat (Oman)

  Nov 2006 - Jun 2009

  Assistant Manager

  • Establish the entire audit strategy and preparing audit plan in the context of applicable financial reporting framework, industry-specific reporting requirements, reporting objectives of the engagement.• Coordinate with clients to understand their business industry, identify and advise clients on areas of improvement in respect of internal reporting package and financial reporting; • Evaluate system of control and risk management procedures identifying weaknesses therein and communicating those weaknesses added with recommendations to those charged with governance and management on a timely basis.• Review of compliance with IFRS by the companies being audited and providing them professional advice over their compliance status.• Leverage network of internal and external contacts to enhance firm connectivity, performance and profitability.• Participate in the development of ways to meet client needs, contributing to the proposal delivery.• Lead, guide and monitor assistants and supervise the progress of audit including resolution of differences of professional judgment and addressing significant accounting and auditing questions raised during the audit. Coordinate with regular quality audits with internal and external Quality Review Teams.At PricewaterhouseCoopers, Oman, Muscat:• Trading/Real Estate/Tourism/Financial Services Sectors: Oman Trading Establishment LLC  Bahwan Trading Company LLC  BM Private Equity Fund II, L.P  State General Reserve Fund  National Finance Company SAOG  Al Jazeera Steel Products Company SAOG  National Detergent Company SAOG  National Mineral Water Company (SAOG)  Amiantit Oman LLC  Suhail Bahwan Automobiles LLC  Bahwan Building Material LLC  State General Reserve Fund (Oman) Show less

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  PricewaterhouseCoopers, Jeddah, Saudi Arabia

  Jul 2009 - Feb 2017

  Senior Manager Assurance Services

  • Establish the entire audit strategy and preparing audit plan in the context of applicable financial reporting framework, industry-specific reporting requirements, reporting objectives of the engagement.• Coordinate with clients to understand their business industry, identify and advise clients on areas of improvement in respect of internal reporting package and financial reporting; • Evaluate system of control and risk management procedures identifying weaknesses therein and communicating those weaknesses added with recommendations to those charged with governance and management on a timely basis.• Review of compliance with Saudi GAAP, US GAAP and IFRS by the companies being audited and providing them professional advice over their compliance status.• Leverage network of internal and external contacts to enhance firm connectivity, performance and profitability.• Participate in the development of ways to meet client needs, contributing to the proposal delivery.• Lead, guide and monitor assistants and supervise the progress of audit including resolution of differences of professional judgment and addressing significant accounting and auditing questions raised during the audit.•  Coordinate with regular quality audits with internal and external Quality Review Teams.At PricewaterhouseCoopers, Jeddah, Saudi Arabia:• Multi-National Companies: Mars Saudi Arabia for Trading  Binzagr Unilever  Otis Elevator Company Saudi Arabia Limited  Sanofi Aventis Arabia, KONE Areeco • O&G and Petrochemical Companies: Saudi Yanbu Petrochemical Company (Yanpet)  Saudi Aramco Mobil Refinery Company Limited, Yanbu Aramco Saudi Refining Company (YASREF), Rabigh Refining and Petrochemical Company.• Mining Industry: Maaden Gold and Base Metal Company  Bariq Mining Company, Ma'aden Barrick Copper Company• Food and Beverages: Herfy Foods and Services Company • Financial Services: NCB Capital Funds Show less

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  Savola Group

  Mar 2017 - now

  Executive Director Internal Audit

  - Performing extensive analytical review of IFRS based Financial Statements to identify and analyze risks, ensuring compliance with IFRS requirements and to identify areas of improvement- Establish the entire audit strategy and preparing audit plan in the context of risk management framework, industry-specific reporting requirements, financial and other reporting objectives.- Coordinate with clients (Auditee) to understand their business processes, identify and advise clients on areas of improvement in respect of internal controls, reporting package and financial reporting; - Evaluate system of internal control (based on COSO Internal Control Framework) and risk management procedures identifying weaknesses therein and communicating those weaknesses added with recommendations to those charged with governance and management on a timely basis.- Lead, guide and monitor assistants and supervise the progress of audit including resolution of differences of professional judgment and addressing significant accounting and auditing questions raised during the audit.- Review audit plan of the subsidiaries and to monitor the progress of subsidiaries audit activities.- Perform special assignments and advising senior management on matters relating to IFRS.- Developing the Internal Audit Manual, Audit Techniques and Methodologies - Participating in implementation of Enterprise Risk Management - Participating in developing Whistle Blowing Policy and implementation of the project Show less