MASRUR AHMED SIDDIQUI
ACCOUNTS & FINANCE
Karachi,SD
Summary
Expertise in internal audits in different areas especially in automobile industry / auto parts and Trading & Manufacturing industries. Procurement of auto parts, stock keeping and stock taking is an additional value added experience which I gathered in Malawi, Central Africa. Involved in import of used cars in Malawi, Central Africa with auto parts from Japan and managed stocks, sales and required reporting’s to the Revenue authorities, engaged in internal audits of trading & manufacturing companies in UAE , Pakistan and Kabul. Also performed investigations in banking & trading sectors to find out the loopholes in different working areas. During my tenure I have also managed to detect fraudulent activities in trading and banking sector. With 20 years of banking experience with PICIC Commercial Bank Ltd., Union BankLtd, and Mashreq Bank Ltd, I'm looking for difficult assignments in vertical development or expansion and want to put the skills I've learned in the multifaceted banking business to good use. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills. FOUR YEARS ARTICLES FROM INSTITUTE OF CHARTERED ACCOUNTANTS OF PAKISTAN, FROM 1985 TO 1989
Overview
41
41
years of professional experience
2
2
Certifications
3
3
Languages
Work History
AUDIT MANAGER (CONTRAT BASIS)
RSM CHARTERED ACCOUNTANTS
Karachi, Sindh
01.2025 - Current
- Company Overview: PAKISTAN.
- Working on the panel of RSM, PAKISTAN as an Audit and Accounts Manager on contract basis.
- Assigned for a Risk Assessment engagement of a well renowned business group in Oman.
- Successfully led the on site evaluation and provided recommendations for Risk mitigation and internal controls.
- Open for additional contract-based assignments referred by RSM, Pakistan, or abroad.
General Manager, Finance
4 Choma Group of Industries
LILONGWE, MALAWI
09.2020 - 07.2024
- Financial Planning and budgeting.
- Financial reporting.
- Cash flow and treasury management.
- Cost control and analysis.
- Compliance and Risk Management.
- Team Leadership.
- Strategic support.
- Delivered customized and effective solutions to clients that met unique demands.
- Supervising sales and production of PVC ceilings, and handling imports and their documentation.
- Costing of products and fixing selling prices.
- Supervising projects under construction and supervising the maintenance of properties.
- Reconciling income tax and VAT with the Revenue Authority.
- Supervising accounts, submission of annual accounts, and staff training.
Finance Manager
OG CONSTUCTION
LILONGWE, MALAWI
01.2018 - 06.2020
- Company Overview: LILONGWE, MALAWI
- Maintaining accounts of different sites including 7-star hotels, shopping centers, flats, etc.
- Managing all the records of expenses and cash payments to the suppliers.
Finance Manager (FMCG)
IMPRESSION GROUP OF COMPANIES
Lilongwe, MALAWI
01.2016 - 08.2017
- Monitoring IT activities and supervising all inputs in the system.
- Dealing with bankers and preparing bank reconciliation.
- Dealing with all the suppliers and their payments.
- Handling all supplier accounts and petty cash payments.
- Monitoring gross profits or losses on each and every product.
- Giving advice to the management for the betterment of the company.
- Sending management reports to the directors.
- In superior maintaining all the records of sales/purchases, debtors and creditors
Member Audit Committee
Afghan United Bank
KABUL , AFGHANISTAN
01.2010 - 10.2013
- Company Overview: Afghanistan
- Set up an internal audit department in the bank.
- Setup Audit Manual and its implementation in Afghan United Bank.
- Arranged training programs for internal audit staff.
- Prepared checklists for operational, financial, and management audits.
- Discuss grave irregularities in audit committee meetings.
- Conducted risk-based audits of branches and head office.
- Finalization of audit reports and presentation to the management board and the audit committee.
- Direct interaction with the central bank inspection team during their inspection and timely compliance with the central bank inspection team.
- Replied to all the queries from the central bank audit team.
- Preparation of audit plans and presented for the approval from Board of Supervisors.
Chief Operating Officer
Afghan United Bank
KABUL , AFGHANISTAN
02.2008 - 12.2009
- Overseeing day-to-day operations;
- Keeping the CEO apprised of significant events;
- Collaborating with the CEO and consulting with them on important decisions;
- Creating business initiatives, operation strategies, and policies often related to minimizing expenses;
- Communicating business strategy and policy to employees and delegating projects;
- Executing a company’s business plans;
- Fostering employee alignment with the business model and corporate goals;
Audit Manager
PICIC Commercial Bank Limited
KARACHI , Sindh
11.2004 - 01.2008
- Optimized team structure, aligning responsibilities with performance measures and metrics to ensure audit success.
- Conduct Audits & Inspections in the following specialized fields Banking Credits, Operations, Foreign Trade, and Investments.
- Compliance with Central Bank Audit of Bank.
- Conduct various inquiries & investigations in the Branches of the Bank.
- Conduct training for staff in different areas of the Banking operations.
- During my tenure also conducted Managements Audit including Consumer Finance, Credit & Administration Unit, Treasury & Investments, and Financial & Planning unit.
- Prepared detailed models, reports and charts highlighting complex financial information.
Asst. Vice President / Incharge, Foreign Currency Accounts
Union Bank Limited
Karachi, Sindh
01.1995 - 12.2000
- Company Overview: Sheraton Branch, Karachi, Pakistan.
- Devised and implemented branch and product-specific marketing plans for the 45 branches through 16 Marketing officers and 2 Sales officers.
- Successfully acquired new corporate and retail customers.
- Assigned targets and monitor performance for branches as well as a marketing team.
- Fully aware and complements of the system and the procedure of the following.
- Handling of Inward and Outward Remittance / Travelers Cheques.
- Fully aware of the System and Procedures of FCA Operation of the Bank.
- Managing SBP Foreign Exchange returns.
- Handled all cases regarding Foreign Exchange Settlement with the Foreign Correspondent.
Money Market
Mashreq Bank Psc. (Formerly known as Oman Ltd)
DUBAI, UAE
08.1991 - 10.1995
- Prepare Central Bank payments.
- Prepare USD/Other Currency payments through Microwire and SWIFT The system through currency correspondent banks to the relevant Banks with whom Fore/Money Market deals are made.
- Also checking/providing funds to our Nostro Accounts and pass vouchers for reconciliation purposes.
- Correspondence regarding cases of settlement.
- Maintaining Investments Portfolio.
- Prepare Investment Monthly Valuation and latest coupon rate and discuss with the superiors.
- Preparing Yearly and Quarterly Central Bank Returns.
- Also worked partially in ALCO Units.
Chartered Accountant
Griffin Nagda & Co.
DUBAI , UAE
09.1990 - 06.1991
- Company Overview: Dubai
- Audit of various clients based in the U.A.E & Qatar.
- Audit, Financial Analysis, and preparation of long-form reports on the accounting system.
- Planned optimal allocation of budgets and funding to maximise Return on Investment (ROI).
- Maintained up-to-date working knowledge of legislative changes within corporate finance.
- Applied cutting-edge forensic accounting practices to reliably detect and prevent fraud.
- Assessed the company’s financial systems, analysed potential risks and implemented mitigative action.
- Executed fraud investigations to uncover faults and recover funds.
Audit Manager
Jalis Ahmed & Co; Chartered Accountants
DUBAI , UAE
12.1989 - 12.1990
- Company Overview: Dubai
- Conducted and managed the audit of various clients based in the UAE.
- Accurately tracked tax, invoicing and budget information using QuickBooks.
- Helped resolve disputed claims as official client representative to tax officials.
- Assisted with developing and ongoing control of costing and pricing systems for business goods.
- Managed financial updates, watch lists and insurance files.
- Compiled financial data for business forecasting and budgeting.
Audit Senior
Karachi Branch
KARACHI, Sindh
01.1986 - 11.1989
- Plan and oversee the auditing process.
- Allocate responsibilities to junior and staff auditors.
- Review team members’ work for accuracy and compliance.
- Perform effective risk and control assessments.
- Complete audits on time and submit reports to the auditing manager.
- Present audit findings and ways to increase compliance and efficiency
- Coordinate periodical audits
- Oversee financial and operational audits to reduce costs and drive efficiencies.
- Completed audit planning documentation, verifying correct tests were applied to produce sufficient audit evidence.
Audit Trainee
Karachi Branch
01.1985 - 12.1986
- Facilitated smooth running of audits by preparing detailed, accurate audit planning documentation.
- Reviewed financial statements, gathering and analysing data to verify accurate representation of transactions.
- Read and correctly interpreted documentation to understand key details and make accurate judgments about data.
- Wrote reports detailing actions for internal use, client review, or official recordkeeping.
Education
BACHELOR OF COMMERCE - Finance
University of Karachi
Pakistantan05.1982
Skills
- Skilled negotiator
- Team standards
- Client account management
- Timeline management
- Project development
- Staff training/development
- VT Accounting software
- Sage accounting software
Certification
CA -INTER
OTHER EXPERIENCE
- My above experience includes a quotable period which I spent gathering first-hand information from various branches of Agriculture Development Bank of Pakistan and reporting to the world bank regarding the proper utilization of loans in agriculture fields.
- Orientation program on Banking operation through Bank of Oman Ltd (training all the issues related to quality and quantities.
- Sending weekly site reports to the management Training center) Dubai (Sep 1991)
- Professional customers care services attended at Bank of Oman Ltd, Training centre Dubai (July 1992)
- Basic foreign exchange and money market course through the Emirates
- Banking Training Institute, Sharjah, U.A.E (Jan 1993)
- The Quality Advantage workshop through Mashreq Bank Psc, (Training center) Dubai.
Timeline
AUDIT MANAGER (CONTRAT BASIS)
RSM CHARTERED ACCOUNTANTS
01.2025 - Current
General Manager, Finance
4 Choma Group of Industries
09.2020 - 07.2024
Finance Manager
OG CONSTUCTION
01.2018 - 06.2020
Finance Manager (FMCG)
IMPRESSION GROUP OF COMPANIES
01.2016 - 08.2017
Member Audit Committee
Afghan United Bank
01.2010 - 10.2013
Chief Operating Officer
Afghan United Bank
02.2008 - 12.2009
Audit Manager
PICIC Commercial Bank Limited
11.2004 - 01.2008
Asst. Vice President / Incharge, Foreign Currency Accounts
Union Bank Limited
01.1995 - 12.2000
Money Market
Mashreq Bank Psc. (Formerly known as Oman Ltd)
08.1991 - 10.1995
Chartered Accountant
Griffin Nagda & Co.
09.1990 - 06.1991
Audit Manager
Jalis Ahmed & Co; Chartered Accountants
12.1989 - 12.1990
Audit Senior
Karachi Branch
01.1986 - 11.1989
Audit Trainee
Karachi Branch
01.1985 - 12.1986
BACHELOR OF COMMERCE - Finance
University of Karachi
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