Khizra Aftab

Audit and finance professional with 5+ years of experience across external audit, internal audit, and financial management. Currently serving as Assistant Manager – Internal Audit at Joy-land Limited, leading risk-based audits focused on revenue assurance, fraud risk, internal controls, and governance. Previously worked in the audit and assurance department of Amir Alam Khan & Co., delivering approximately 18 audit engagements as an Audit Associate and Senior Audit Associate.

Experienced in conducting statutory audits and interim reviews in accordance with International Financial Reporting Standards (IFRS), International Standards on Auditing (ISAs), and applicable corporate and taxation laws, across industries including education, construction, automobile, hospitality, pharmaceutical, and not-for-profit sectors. Hands-on experience in financial reporting, reconciliations, and compliance within the FMCG sector, working with Nestlé Pakistan operations. Proficient in ERP and data systems including SAP HANA, Oracle, and Active-Where for audit analysis, reporting, and data extraction.

Strong in risk-based auditing, financial statement analysis, internal control evaluation, and audit documentation, with proven ability to manage engagements, supervise teams, and deliver high-quality outcomes.

Assistant Manager - Internal Audit - Joy-land limited - Pakistan

(2025-06)

Amusement Parks, Restaurants & Membership Operations

• Led risk-based internal audits across operations including ticketing, F&B, membership, finance, and stores, identifying key risk areas and defining audit scope.
• Executed audits with a focus on revenue assurance, fraud risk, and internal controls, ensuring compliance with policies and applicable standards.
• Performed process walkthroughs and control testing, identifying control gaps and delivering practical, actionable recommendations.
• Reviewed financial reconciliations and variance analyses to assess accuracy and impact on financial reporting.
• Evaluated compliance with IFRS and internal accounting policies within the finance function.
• Prepared and presented internal audit reports to senior management and the Board, highlighting risks, root causes, and financial implications.
• Participated in Audit Committee meetings, addressing queries and supporting decision-making.
• Conducted follow-up reviews to ensure implementation of audit recommendations and strengthened governance frameworks.
• Investigated suspected fraud and irregularities, delivering detailed reports with key findings and recommendations.
• Supervised and trained junior audit staff, improving audit quality and team performance.
• Utilized SAP HANA for audit analysis, data extraction, and reporting.

Assistant Manager - Finance - Shan Marketing Service - Islamabad

(2024-03 - 2025-06)

Nestlé Pakistan Distributors - North Region

• Prepared and reviewed account reconciliations related to transportation services for Nestlé Pakistan, ensuring accuracy and completeness of financial records.
• Managed receivables and recovery processes, ensuring timely collections and minimizing outstanding balances.
• Supervised and trained junior staff in voucher processing, review procedures, and financial controls.
• Coordinated with Nestlé teams to reconcile balances, resolve discrepancies, and maintain accurate financial reporting.
• Processed journal entries and maintained supporting documentation to ensure audit readiness and compliance.
• Conducted inventory counts and variance analysis, strengthening stock control and compliance with company policies.
• Prepared financial statements and performed vendor reconciliations, ensuring accuracy and timely reporting.
• Utilized Active-Where (Nestlé internal system) for data extraction, analysis, and reporting to support financial operations.

Senior Audit Associate - Amir Alam Khan & Co. - Pakistan

(2020 - 2024-03)

• Prepared and reviewed standalone and consolidated financial statements in accordance with IFRS and applicable local laws and regulations.
• Developed audit strategies using a risk-based approach, including evaluating and testing the design and operating effectiveness of internal controls and recommending improvements.
• Led audit engagements as a team leader, managing teams of up to 6 members, including planning, work allocation, review, supervision, and on-the-job training to ensure timely completion.
• Coordinated with clients, engagement teams, predecessor auditors, and external experts (actuaries, valuators, legal and IT specialists) to support audit execution.
• Performed client acceptance and continuance procedures in line with International Standards on Auditing (ISAs), assessing engagement and client risk.
• Led fieldwork execution and maintained regular communication with managers and partners on audit progress and key issues.
• Delivered high-quality financial reporting insights and identified key accounting and audit matters.
• Evaluated going concern assumptions and performed impairment assessments in line with IFRS requirements.
• Contributed to IFRS implementation projects, including IFRS 15, IFRS 16, and IAS 12.
• Participated in EQCR and ICAP QCR reviews, ensuring audit documentation and working papers met regulatory and quality standards.

Accounting - Association of Chartered Certified Accountants

Chartered Accountancy - Finals - Accountancy - Institute of Chartered Accountants of Pakistan (ICAP)

Certified in Accountancy and Finance - Accountancy and Finance - Institute of Chartered Accountants of Pakistan (ICAP)