Syed Mugeeb Ur Rehman
Audit And Assurance Manager
Al Khobar
Summary
Talented Audit and Assurance Manager with expert team leadership, planning and organizational skills built during successful career. Smoothly equip employees to independently handle daily functions and meet customer needs. Diligent trainer and mentor with exceptional management abilities and results-driven approach. Currently working in Deloitte Middle East, offering over 8 years of experience in audit, assurance, and advisory services. Demonstrated expertise in serving diverse clients, encompassing national and multinational enterprises across sectors such as manufacturing, real estate, services, construction, investment management, microfinance, and trading. Specialized in group audits, IFRS advisory, transition projects, agreed-upon procedures, limited reviews, financial & management consultancy, complex accounting advice, and various assurance services within the Middle East region. Notable involvement in reviewing financial reporting processes, consolidation processes, mergers, acquisitions, deconsolidation, and integration of new subsidiaries into the financial reporting processes of prominent conglomerates. Distinguished for adding value and resolving client challenges through innovative approaches and leveraging an extensive Deloitte network. Proficient in international accounting and auditing standards, including IFRS, U.S. GAAP, ISA, and SAS. Holds fellow memberships with the Institute of Financial Accountants (UK) and the Institute of Public Accountants (Australia), alongside certification in accounting and finance from the Institute of Chartered Accountants of Pakistan. Additionally, holds bachelor's degree in commerce and pursuing CPA (US) certification from the state of Montana.
Overview
8
8
years of professional experience
5
5
Certifications
2
2
Languages
Work History
Manager, Audit and Assurance
Deloitte And Touche & Co. Chartered Accountants
Al Khobar
01.2019 - Current
- Extensive experience in managing diverse portfolio of engagements, encompassing over 10,000 budgeted hours, for large and medium-sized clients.
- Proficiently led audit teams of up to 10 individuals from Audit Seniors to Audit Associates.
- Demonstrated leadership in overseeing both local and international clients, particularly large investment and industrial manufacturing Groups, real-estate and logistics sector clients.
- Specialized in guiding Group audits for clients with complex structures, including local and foreign operations, intricate group hierarchies, and non-routine complex transactions.
- Collaborated effectively with Group engagement teams from other jurisdictions such as Deloitte US and Deloitte Netherlands.
- Actively engaged in providing clients with complex accounting advice, specifically on topics such as accounting for investments in other entities (acquisition of subsidiaries, associates, and other equity interests), classification and measurement of financial instrument and revenue recognition.
- Assisted clients in formulating accounting position papers for transactions involving complex accounting treatments.
- Provided insights to clients on accounting implications of sales or purchase agreements and evaluating corporate structures in terms of accounting assessments for control, joint control, and significant influence.
- Skillful in handling of technical and complex accounting discussions with clients and firm senior management, particularly in response to newly issued or complex IFRS standards and intricate business transactions.
- Development and nurturing of strong client relationships, including coordination with client senior management and resolution of engagement-related conflicts.
- Effective leadership in managing and leading group audits for both listed and unlisted engagements, streamlining collaboration among multiple component auditors.
- Cross-trained existing employees to maximize team agility and performance.
- Resolved staff member conflicts, actively listening to concerns and finding appropriate middle ground.
- Maximized performance by monitoring daily activities and mentoring team members.
- Accomplished multiple tasks within established timeframes.
- Developed and maintained relationships with clients and inter-firm personnel through account development.
- Planned and budgeted accurately to provide business with resources needed to operate smoothly.
Senior Audit Associate
Deloitte Yousuf Adil
Lahore
06.2015 - 11.2018
- Developed and applied advanced skills to proficiently plan and execute engagements, facilitating comprehensive understanding of business processes and risk assessment procedures.
- Successfully conducted planning and execution of external audits for major public listed and private entities, employing risk-based audit methodology within agreed timelines.
- Documenting engagement planning, creation of agendas, engagement letters, and communication letters to those charged with governance.
- Assessments of risk during planning phase based on deep understanding of entity, its environment, and preliminary analytical procedures using various visualization tools such PowerBI and excel analytics and reducing actual time spent on audit engagements by 10%.
- Assessed risks and planned audit responses at assertion level with appropriate documentation.
- Calculation and documentation of Materiality, performance materiality, clearly trivial thresholds, and account-specific materiality levels.
- Evaluating control designs and tested their implementation and effectiveness, with particular focus on controls addressing fraud risk, notably in revenue recognition and management override of controls.
- Identifying control deficiencies, highlighting them and communicating to appropriate level within organization.
- Designed and executed substantive procedures in close consultation with engagement team to address specific risks at assertion level or financial statement level.
- Managed client expectations by ensuring transparent communication and proactive handling of potential challenges that could lead to delays.
- Conducted concluding analytical procedures and analyzed critical financial ratios to identify meaningful trends and corroborated these to overall understanding of entity and its environment.
- Demonstrated effective issue resolution skills by appropriately consulting with engagement managers and national consultation office to ensure thorough analysis and resolution of identified issues.
- Skillfully prepared findings report for presentation to management and audit committees, delivering clear and concise communication of audit results and expected actions from management.
- Ensured timely issuance of audit reports before deadline date and prompt archiving of audit files, thereby optimizing workflow efficiency and adherence to established timelines.
- Delegated work to team members and student interns to share workload and continue meeting audit goals.
- Led extensive audit programs based upon prior approved audit plans to evaluate management of institutional activities.
Education
Bachelor of Commerce - Accounting And Finance
Bahauddin Zakariya University
Pakistan 06.2015 - 2017.08
Skills
Project Management
Accomplishments
- Dedicated individual committed to ongoing skill acquisition and knowledge enhancement
- Completed over 300 credit hours of comprehensive learning experiences, encompassing classroom instruction, e-learning modules, and webcasts
- These educational pursuits have covered a wide range of subjects, including IFRSs, audit methodologies,workplace ethics, information security, data protection, and the cultivation of soft skills
- These learning opportunities were curated by leading industry experts and prestigious organizations worldwide,including renowned platforms such as Harvard Manage Mentor and LinkedIn Learning
- Additionally, engaged in training sessions conducted by proficient trainers and linguistic specialists, focusing on communication refinement,presentation techniques, and the enhancement of presentation skills.
Certification
Fellow Membership Institute of Public Accountants (Australia)
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
swipe to browse
Quote
Every problem is a gift—without problems we would not grow.
Tony Robbins
Timeline
Fellow Membership Institute of Public Accountants (Australia)
08-2022
Fellow Membership Institute of Financial Accountants (UK)
08-2022
CertIPSAS (ACCA)
06-2022
CertIFRS (ACCA)
09-2021
Manager, Audit and Assurance
Deloitte And Touche & Co. Chartered Accountants
01.2019 - Current
Bachelor of Commerce - Accounting And Finance
Bahauddin Zakariya University
06.2015 - 2017.08
Senior Audit Associate
Deloitte Yousuf Adil
06.2015 - 11.2018
Certificate in accounting and Finance (ICAP)
11-2014
Similar Profiles
Aina Abdul HakeemAina Abdul Hakeem
Lead Audit Senior at Yousuf Adil, Chartered Accountants (ICF To Deloitte Touche Tohmatsu Limited (DTTL))Lead Audit Senior at Yousuf Adil, Chartered Accountants (ICF To Deloitte Touche Tohmatsu Limited (DTTL))
Saleh Fahad HushayyishSaleh Fahad Hushayyish
Experienced Associate Assurance at Deloitte & Touche and Partners certified public accountants and auditorsExperienced Associate Assurance at Deloitte & Touche and Partners certified public accountants and auditors
ADITYA SONIADITYA SONI
Manager at Deloitte Haskins and Sells Chartered Accountants LLPManager at Deloitte Haskins and Sells Chartered Accountants LLP
Mohamed SallamMohamed Sallam
Assistant production manager at Diwan Printing PressAssistant production manager at Diwan Printing Press
Bechir SamaaliBechir Samaali
Head Pastry Chef at Mawoud Lounge Al KhobarHead Pastry Chef at Mawoud Lounge Al Khobar