Khizer Abid
Auditor
Islamabad,IS
Summary
Dynamic and results-oriented professional with extensive experience in financial auditing, risk management and compliance notably at Z.M.K & Co Chartered Accountants.
Proven ability to handle multiple tasks effectively and efficiently in fast-paced environments.
Overview
4
4
years of professional experience
2
2
Languages
Work History
Associate Auditor
Z.M.K &Co Chartered Accountants
01.2024 - Current
- Engaged in annual audit of Medical Emergency Resilience Foundation, to analyze and audit restricted funds and project expenditures, ensuring alignment with donor requirements and financial regulations. Extracted samples, performed vouching, and prepared detailed working papers to support audit findings.
- Completed the annual audit of the National Computing Education Accreditation Council in accordance with the revised AFRS for SMEs and the Companies Act 2017, identifying discrepancies and prior year errors, and assisting in making the necessary adjusting entries to ensure accurate financial reporting.
- Executed the audit of the National Agriculture Education Accreditation Council, enhancing compliance with regulatory standards and improving financial accuracy through detailed analysis and reporting.
- Assisted in the external audit Shibli Electronics Private Limited, analyzing financial data for identifying performance materiality, sample extraction and execution of work on balance sheet items including proper implementation of IFRS 16.
- Collaborated with cross-functional teams to stream line audit processes and maintain adherence to deadline.
- Prepared financial statements, disclosures and comments.
- Worked under close supervision of senior auditor to utilize and develop technical expertise in auditing.
- Prepared various working papers, reports, and supporting documentation for audit findings, ensuring clear communication and resolution of key issues.
- Performed strategic planning, execution and finalization of audits.
- Assessed client's internal control environments, identifying weaknesses that could lead to misstatements in financial reporting.
Head Accountant
Empower Commodities Private Limited
06.2024 - 08.2024
- Worked as Head Accountant at Empower Commodities (PVT) Ltd, a PMEX brokerage house, responsible for preparing financial statements for the year ended June 2024 for the annual complementary audit.
- Led the implementation of a new bookkeeping system, strengthening internal controls and ensuring 100% compliance with legal requirements, significantly improving financial accuracy and operational efficiency.
- Collaborated with external auditors to provide necessary documentation for annual audits, resulting in clean audit opinions this year.
- Managed a team of junior accountants, providing proper guidance, and professional development opportunities.
Accounts and Operational Manager
Skans School System
03.2023 - 01.2024
- Accounts and Operational Manager at Skans School System, responsible for managing monthly payroll processing, cash and bank reconciliations, fee receipts, and following up on receivables to ensure timely collection.
- Identified shortcomings in financial processes and implemented improvements, enhancing operational efficiency and accuracy in financial reporting.
- Responding to clients and employee inquiries relating to payments.
- Maintain files and documents thoroughly in accordance with accounting policies.
- Mentored staff members on best practices, fostering a culture of continuous improvement within the organization.
- Collaborated with executive leadership to develop strategic plans.
- Developed strong relationships with vendors, resulting in better pricing negotiations and improved service levels.
- Streamlined operational processes by implementing efficiency improvements and reducing waste.
- Tracked employee attendance and punctuality, addressing repeat problems quickly to prevent long-term habits.
Accounts and Operational Manager
Oak City Private Limited
04.2021 - 12.2022
- Accounts and Operational Manager at Oak City Private Limited, a private housing society, overseeing a wide range of activities, including payroll management, customer receipts, follow-up on receivables, and monthly cash and bank reconciliations.
- Led the hiring process for staff, drafted legal agreements, and maintained detailed records of land purchases and plot sales, ensuring compliance with legal and operational standards.
- Collaborated with executive leadership to develop strategic plans aimed at achieving long-term organizational growth and success.
- Built strong relationships with vendors, leading to more favorable pricing negotiations and enhanced service quality.
- Supervised operations staff and kept employees compliant with company policies and procedures.
- Monitored daily cash discrepancies, inventory shrinkage and drive-off.
Education
Certificate in Accounting And Finance - Chartered Accountancy
Instituete of Chartered Accountants of Pakistan
Islamabad, Pakistan 04.2001 -
ACCA - Chartered Accountancy
Association of Chartered Certified Accountants
UK 04.2001 -
Skills
Financial statements Auditing
Preparing financial statements
Audit planning
Bookkeeping
Sampling techniques
Bank reconciliation
Journal entries
Microsoft office
Ethics and integrity
Hobbies
Playing Music: A great way to unwind and decompress the mind.
Writing: A finest way to express what I think and feel.
Reading: A premier means of knowledge
Timeline
Head Accountant
Empower Commodities Private Limited
06.2024 - 08.2024
Associate Auditor
Z.M.K &Co Chartered Accountants
01.2024 - Current
Accounts and Operational Manager
Skans School System
03.2023 - 01.2024
Accounts and Operational Manager
Oak City Private Limited
04.2021 - 12.2022
Certificate in Accounting And Finance - Chartered Accountancy
Instituete of Chartered Accountants of Pakistan
04.2001 -
ACCA - Chartered Accountancy
Association of Chartered Certified Accountants
04.2001 -
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