Muhammad Faisal Siddique

To obtain a challenging position in the Finance and Audit Department of a dynamic organization that offers tremendous growth opportunities, where I can effectively utilize and enhance my skills, knowledge, and abilities while contributing to efficient financial management, audit compliance, and overall organizational success.

Audit Executive at Nippon Paint (2022-04-11 – Present)

• Ensure compliance with internal regulations, audit protocols, and company control procedures across departments
• Examine documentation including reports, inventory records, memos, and financial statements to verify accuracy
• Reconcile physical inventory and fixed assets with system records to detect and resolve discrepancies
• Complete standard audit forms and questionnaires to confirm the effectiveness of internal controls
• Conduct audits of customer-submitted tokens related to product claims and ensure timely resolution of all related matters
• Check and issue tokens and QR code stickers to the production department based on operational requirements
• Maintain tracking records for all issued tokens and stickers to prevent misuse and support inventory control
• Audit housekeeping activities in the plant and evaluate compliance with company-wide 5S (Sort, Set in order, Shine, Standardize, Sustain) policy
• Participate in regular audits across production, store, and support departments to assess operational efficiency and policy adherence
• Prepare detailed audit reports and maintain organized documentation for internal use and audits
• Present summarized audit findings to internal teams and recommend corrective actions or improvements
• Analyze audit outcomes to identify opportunities for cost reduction, waste elimination, and process improvement
• Suggest measures to enhance financial practices, prevent fraud, and strengthen internal controls
• Collaborate with cross-functional teams to support audit planning, execution, and implementation of audit recommendations
• Willingly work extended hours during peak audit periods or to meet specific project deadlines
• Implemented ERP/SAP-based audit checks for inventory, production, and financial transactions to improve accuracy and reduce manual errors
• Conducted process audits in manufacturing and production lines, identifying bottlenecks and recommending efficiency improvements
• Monitored raw material usage, wastage, and stock levels, contributing to cost reduction and optimized inventory management
• Ensured compliance with ISO standards and environmental safety regulations specific to paint manufacturing operations
• Assisted in risk assessment and mitigation related to chemical handling, production, and quality control processes
• Developed audit dashboards and KPI reports for management to track operational efficiency, inventory discrepancies, and audit outcomes
• Reviewed supplier and vendor documentation, ensuring compliance with procurement policies and minimizing financial risks
• Trained and guided production and store staff on internal control procedures, proper documentation, and 5S practices
• Participated in cross-functional projects to implement process improvements, cost control measures, and internal control enhancements
• Contributed to fraud detection initiatives, identifying irregularities in material consumption, token issuance, and inventory management

Audit Executive at Mughal Steel (2019-01-09 – 2022-04-10)

Core Responsibilities in Internal Audit

• Post Audit of Payment Journal Vouchers (Bank & Cash)
• Post Audit of Purchase Journal Vouchers
• Post Audit of Sales Journal Vouchers
• Review of company daily sales transactions
• Receivables turnover analysis
• Investigation of non-receipts/delays in receipts of cash sales
• Sales Rates analysis of cash & credit sales
• Post Audit of Imported shipments (Scrap, Billet, Machinery Parts)
• Receivables aging analysis
• Quantitative reconciliations physical stocks, sales and purchases
• Physical Stock Takings (General Store, Raw material-Billet, Products)
• Surprise physical Cash Counts
• Pre and post Audit of company payroll
• Employee's retirement benefits & Annual leave encashment

Assistant Accountant at Choudhary Group Of Distributions (2018-04-25 – 2019-01-08)

Distributor of Colgate Palmolive Pakistan Ltd, Pakistan Tobacco Company, Mitchell's Fruits and Farm. Production of own brand juice products including Novita, Fruit Mate, TreeTop, Juice up by Tahir Food Product.

• Preparation of Daily Bank Deposit
• Working of Daily Sale, Purchase & Closing Stock
• Booking of Purchase invoices in Zeesoft (SQL Server)
• Make Report of daily GRNs & and Issue to Concern Person for Recovery
• Record invoices in accounting software, file & keep records
• Booking of Bank Payments & Deposits vouchers in Zeesoft (SQL Server)
• Booking of Cash Payment & Receipt vouchers in Zeesoft (SQL Server)
• Booking of Journal vouchers in Zeesoft (SQL Server)
• Any other Assignment assign by Manager
• Prepare Daily Ledger Of Salesman On Excel
• Internal Audit of Godown & Report to Finance Manager
• Daily maintain inventory report
• Maintain records and file up data according to category

MBA in Insurance & Risk management – Hailey college of banking and finance (PU) (2023-01-01 – 2025-12-31)

Master in Commerce – University of the Punjab, Lahore (2020-01-01 – 2022-12-31)

Bachelor in Commerce – University of the Punjab, Lahore (2015-01-01 – 2017-12-31)

Intermediate in Commerce – Board of Intermediate & Secondary Education, Lahore (2013-01-01 – 2015-12-31)

Matriculation in Science – Board of Intermediate & Secondary Education, Lahore (2011-01-01 – 2013-12-31)