Summary
Overview
Work history
Education
Skills
Certification
Languages
Affiliations
References
Timeline
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Syed Ameer Hamza Raza Shah

Riyadh,Saudi Arabia

Summary

A highly skilled professional with extensive knowledge of KPMG's computer-based audit tools and utilities, including eAudIT, CLARA, and IDEAs. Possesses thorough understanding of International Financial Reporting Standards (IFRSs), International Accounting Standards (IASs), and International Standards of Auditing (ISAs). Proficient in Microsoft Office, Windows 7 & Windows 10, with user-level expertise in various accounting information systems such as SAP and other Oracle-based systems. Demonstrates excellent project management abilities, multi-tasking skills, and the capability to handle multiple projects simultaneously. Known for exceptional communication skills, teamwork, and problem-solving capabilities.

Offering solid understanding of financial principles and strong analytical skills. Known for attention to detail, problem-solving abilities, and communication strengths. Ready to use and develop skills in financial analysis, budget management, and data interpretation in finance reporting role.

Overview

10
10
years of professional experience
1
1
Certification

Work history

Revenue & Receivables Expert

Golden Lattice Investment Company (LATIS)
Riyadh, Saudi Arabia
03.2024 - Current


  • Spearheaded compliance with IFRS 9, 15, and 16, ensuring accurate implementation of standards for financial reporting, revenue recognition, and lease accounting of more than 10k leases.
  • Managed ZATCA e-invoicing implementation project, ensuring full compliance with Saudi tax regulations
  • Led ERP implementation initiatives, streamlining financial data flow and ensuring seamless integration with SAP and Oracle systems.
  • Developed and maintained financial reports, ensuring timely and accurate submission of revenue data, forecasts, and budget reports.
  • Prepared technical accounting position papers on complex matters related to IFRS-9, IFRS-15, IFRS-16.
  • Coordinated fulfillment of external audit requirements, liaising with external auditors to facilitate audits, review financial statements, and ensure timely completion.
  • Stayed abreast of emerging accounting and financial reporting standards.
  • Performed financial analysis to identify trends, variances, and opportunities for improvement.
  • Collaborated with various stakeholders, including senior management, finance teams, legal counsel, and regulatory authorities.
  • Managed the preparation of annual budgets and quarterly forecasts, ensuring alignment with corporate financial goals and ensuring accurate revenue recognition in compliance with IFRS 9, IFRS 15, and IFRS 16.
  • Led the budgeting process for the company, ensuring comprehensive alignment with both operational and financial objectives.
  • Worked closely with senior leadership to develop detailed financial forecasts, incorporating potential changes in market conditions, economic factors, and strategic business initiatives.
  • Analyzed monthly financial performance, providing in-depth variance analysis between actual results and the forecast, identifying areas of improvement.
  • Ensured all forecasts adhered to IFRS guidelines and provided clear insights to the management team on revenue, expenses, and profitability.

Finance Reporting Manager

Al Moammar Information Systems & Co. (MIS)
Riyadh, Saudi Arabia
01.2023 - 03.2024


  • Prepare and review financial statements, including balance sheets, income statements, cash flow statements, and footnotes, in accordance with applicable accounting standards.
  • Prepare technical accounting position papers on complex matters such as IFRS-9, IFRS-15, IFRS-16 etc. and control and significant influence assessments.
  • Ensure accuracy, completeness, and compliance with regulatory requirements.
  • Stay up to date with accounting standards, regulations, and reporting requirements.
  • Ensure adherence to all relevant laws, regulations, and accounting policies.
  • Implement necessary controls to mitigate financial reporting risks.
  • Provide necessary documentation, explanations, and support during audit procedures.
  • Address audit findings and recommendations in a timely manner.
  • Develop and maintain internal control procedures related to financial reporting.
  • Identify control gaps and recommend improvements to enhance the effectiveness and efficiency of financial reporting processes.
  • Continuously assess and improve financial reporting processes to enhance efficiency, accuracy, and timeliness. Streamline procedures and utilize technology solutions to automate routine tasks and improve data integrity.
  • Collaborate with various stakeholders, including senior management, finance teams, legal counsel, and regulatory authorities.
  • Communicate financial information, trends, and insights effectively to support decision-making processes.
    Stay abreast of emerging accounting and financial reporting standards.
  • Provide guidance on complex accounting transactions, such as business combinations, revenue recognition, and lease accounting.
  • Perform financial analysis to identify trends, variances, and opportunities for improvement.
  • Provide insights and recommendations based on analysis to support strategic planning and decision-making.
  • Lead or participate in financial projects, such as system implementations, process improvements, or acquisitions/divestitures.

Audit Assistant Manager

KPMG Saudi Arabia
Riyadh, Saudi Arabia
12.2020 - 12.2022


  • Overall planning of statutory audits and review engagements, conducting initial planning meetings with clients to understand and co-develop expectations and designing audit strategies in consultation with the engagement partner, after assessing the underlying audit risk in the light of the assessment of the client's overall control environment
  • Application of International Financial Reporting Standards (IFRSs), International Accounting Standards (IASs), International Standards on Auditing (ISAs)
  • Technical Releases and Generally Accepted Accounting Practices (GAAP), Local Corporate Laws and Directives of RegulatoryAuthorities
  • Direct, review and supervision of the work performed by audit team throughout the course of the audit
  • Reporting directly to managers and partners
  • Preparation of final audit deliverables - the audit report, the covering letter to the board of directors, the management letter, reporting packs and other ancillary reports and certificates
  • Preparing detailed reports on internal control weaknesses and making suitable recommendations thereon
  • The experience in the Audit and Assurance of KPMG has enabled me to develop an understanding of regulatory environments of diversified industries, key business processes and the accounting and internal control systems of several organizations
  • I have been involved in various audits and assignments in different roles from
  • Auditor to Audit Supervisor at KPMG, which are grouped as follows:

Audit Supervisor

KPMG Pakistan
Karachi, Pakistan
11.2014 - 11.2020
  • Led a team of auditors, enhancing overall productivity.
  • Designed and implemented an efficient audit plan, reducing time spent on each audit.
  • Overall planning of statutory audits and review engagements, conducting initial planning meetings with clients to understand and co-develop expectations and designing audit strategies in consultation with the engagement partner, after assessing the underlying audit risk in the light of the assessment of the client’s overall control environment.
  • Application of International Financial Reporting Standards (IFRSs), International Accounting Standards (IASs), International Standards on Auditing (ISAs),Technical Releases and Generally Accepted Accounting Practices (GAAP), Local Corporate Laws and Directives of Regulatory Authorities.
  • Direct, review and supervision of the work performed by audit team throughout the course of the audit. Reporting directly to managers and partners.
  • Preparation of final audit deliverables – the audit report, the covering letter to the board of directors, the management letter, reporting packs and other ancillary reports and certificates.
  • Preparing detailed reports on internal control weaknesses and making suitable recommendations thereon.
  • Trained junior auditors improving their auditing skills and knowledge base.
  • Kept up-to-date with latest auditing standards, ensuring best practices were adhered to.
  • Coordinated cross-functional teams for seamless execution of audits.
  • Ensured strict adherence to regulatory guidelines during all audit procedures.
  • Established strong relationships with clients through effective communication about audit findings.

Education

ACCA - Accounting, Finance and Auditing

ACCA
UK
01.2018 - 01.2019

Chartered Accountants - Accounting, Finance and Auditing

Institute of Chartered Accountants of Pakistan
Pakitant
06.2012 -

SOCPA - Accounting, Finance and Auditing

SOCPA
Saudi Arabia
01.2022 - 12.2022

Skills

  • Adequate knowledge of the
  • KPMG's computer-based audit tools
  • And utilities which includes eAudIT, CLARA and IDEAs
  • Thorough knowledge of International Financial Reporting
  • Standards (IFRSs), International Accounting Standards (IASs)
  • And International Standards of Auditing (ISAs)
  • Proficient in Microsoft Office, Windows 7 & Windows 10
  • User-level knowledge of various accounting information systems
  • Including SAP and other Oracle based systems
  • Quick learner
  • Project Management
  • Multi-tasking and simultaneous
  • Handling of multiple projects
  • Excellent communication skills, team
  • Working and problem-solving
  • Capabilities

Certification

I have attended the following courses for learning and professional development at KPMG: Web based learning courses - Money Laundering, Fraud and Independence KPMG Data Analytics tools and techniques Including CaseWare IDEA and CLARA tools

Languages

English
Fluent

Affiliations

  • Reading literature on new developments in IFRS
  • Playing Badminton and Cricket
  • Travelling

References

References available upon request.

Timeline

Revenue & Receivables Expert

Golden Lattice Investment Company (LATIS)
03.2024 - Current

Finance Reporting Manager

Al Moammar Information Systems & Co. (MIS)
01.2023 - 03.2024

SOCPA - Accounting, Finance and Auditing

SOCPA
01.2022 - 12.2022

Audit Assistant Manager

KPMG Saudi Arabia
12.2020 - 12.2022

ACCA - Accounting, Finance and Auditing

ACCA
01.2018 - 01.2019

Audit Supervisor

KPMG Pakistan
11.2014 - 11.2020

Chartered Accountants - Accounting, Finance and Auditing

Institute of Chartered Accountants of Pakistan
06.2012 -

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Syed Ameer Hamza Raza Shah