Usman Ali

An auditor of 5-year experience ensures financial integrity by examining and verifying an organization's financial transactions. Highlighting experience with financial reporting, familiarity with auditing standards and proficiency in data analysis. Forward-thinking internal auditor with a great understanding of auditing procedures.

Exceptional interpersonal,communication and multitasking abilities. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Looking for an organization where I can demonstrate my creative and qualitative abilities.

Assistant Manager in Treasury & Finance Department at Royal Fans Gujrat (Rafiq Engineering Pvt Ltd) (2024-09 – Present)

• Managing treasury and finance operations including cash flow management, banking relationships, fund transfers, foreign exchange transactions, and financial monitoring.
• Oversee daily cash flow management to ensure the efficient utilization of funds
• Develop and maintain robust relationship with banking partners to facilitates seamless transactions and cost effective services
• Manage funds transfer, payments, and account reconciliations
• Execute foreign exchange transactions to mitigate risk currency risks effectively
• Monitor the financial performance and recommend the corrective measures
• Collaborate with cross functional teams to align financial strategies with organizational objectives
• Provide comprehensive support for audits, system upgrades, and other finance related initiatives
• Review and monitor the daily cash position report to determine the daily cash requirement

Senior Audit Executive in Internal Audit Department / Assistant Audit Manager at Royal Fans Gujrat (Rafiq Engineering Pvt Ltd) (2020-01 – 2024-08)

• Conducted comprehensive internal audits assessing effectiveness of internal controls, accuracy of financial records, and operational efficiency.

Promoted to Assistant Audit Manager in December 2021.

• Conduct internal audits to assess the effectiveness of internal controls, accuracy of financial records, and efficiency of operations
• Maintain an objective and independent approach while conducting audits and ensure confidentiality of audit information
• Establish and maintain effective, constructive, professional relationships within the division and with the businesses, including senior management
• Observe and Understand the Process flows of company by gathering the information from relevant Departments
• Evaluate policies and procedures that are in place, recommend changes
• Ensure the audit report mechanism follows timelines
• Work closely with the Director of Finance and the CFO to increase the financial efficiency of the company
• Pre and post audit of financial transactions i.e. verification of sales and purchase rates, invoice auditing, daily cash closing, and all kinds of payments cash & bank payments
• Cross-verification of bank receipt voucher with the attached cheque / PO, deposit slip and bank statement and to verify it in GP
• Follow the vendor balance (advances) to ensure they are accurate, and no old invoices are due
• The expenses incurred are within the approved budgetary limits and all significant material receipts and expenditures are subject to vouching
• Verifying employee's final settlements, overtime payments, leave encashment, insurance claims
• Monitor accounts receivable and follow up on outstanding payments
• Audit complete cycle of sale, verify cash sale to customers and review customer receipts and maintenance detail of unconfirmed receipts
• Monitor and report any irregularities in financial transactions
• Plan and perform monthly stock count activity
• Monitor the sale of scrap materials
• Examine the documents including reports, statements, debit/credit memos to gather information
• Review cash vouchers to check the vouchers & supporting's
• Review documents of import and entries related to material purchased
• Any other task assigned by Director's

Trainee Auditor in Internal Audit Department at Service Industries Limited (2017-02 – 2018-05)

• Performed audit assignments focusing on retail shops, stock counts, and receivable/inventory analysis across multiple divisions.
• Mostly perform show box shops and klara fair price shops audit and also helps audit manager in audit Assignments
• Wholesale & retail stock counts at frequent basis using AX Retail Software with system adjustments for the differences found (Footwear Division)
• Receivable aging and inventory aging analysis to verify old age balances to confirm provision for bad debts and slow-moving inventories (Tire & Tube Division)
• Expenses verification against company policy (e.g. Group Life Insurance, Vehicle Fuel & Maintenance)
• Shoe Box Retail cash count and stock take activity (Footwear Division)

Internship at MCB Bank Ltd (2017-02 – 2017-04)

Two-month internship at Muslim Commercial Bank

ACCA in Accounting – Association Of Chartered Certified Accountants

Bachelor Of Commerce in Commerce – The University Of Punjab

Intermediate Commerce in Commerce – Board of Intermediate & Secondary Education

Matriculation in Computer Science – Board of Intermediate & Secondary Education