1. 1
ALI AKHTAR
Address: House #18 Ibrahim Street #3 Yunispura Baghbanpura
Lahore
CNIC: 35201-7891989-5- DOB 9-June-1984 -Single
Mobile: +092-0334-9767447
E-mail: aliakhtar02@gmail.com, ali.akhtar@kohinoormills.com
OBJECTIVE
To contribute my knowledge and skills for the well being of the organization in the long run,
consequently myself.
SUMMARY
With about 8 years of experience of internal auditing in famous textile groups as well as 4 years at a
retail store chain, you can count me as moderately experienced internal audit professional.
My career includes auditing ofspinning, weaving, dyeing, hosiery and apparel in famous textile limited
companies and retail stores in various cities. This period gave me the opportunity to gain knowledge,
skills and practice that gave me courage and make me capable enough to audit manufacturing, service as
well as public/corporate sectors in my professional career.
WORK EXPERIENCE ( >8 Years)
1.INTERNAL AUDITOR (May,2013 to Present)
KOHINOOR SPINNING MILLSLTD- CHAKWAL GROUP
(Consisting of 3 independentSpinning Units located in Chakwal)
RESPONSIBILITIES:
PRE-AUDIT :
Store payments : Party paymentterms, Party balances, Approvals and Verific ation of IT
& ST tax deductions.
Sale delivery orders : Customer payment terms, Payment proof against advance
payments, Approvals, Verifying ST active status of customers.
POST AUDIT :
Participating in development of Risk Based Audit Plans (Monthly, Annual), risk
identification, risk assessment, development of controls and SOPs for departments along
with auditing of documentation & premises, appropriateness of responsibilities and
assessment of current procedures being followed in all the departments ofthe company and
issuing of audit reports, preparation ofrisk charts and compliance follow-up of audit areas
including:
Daily raw material consumption : On daily basis calculating raw material required,
count wise production comparison with standard yield, finished stock aging and validating
RM data for costing.
Raw Material Yield and Inventory : On monthly basis, Stock taking of ending WIP,
RM and F. Stock on site, verification of reported yield.
Father Name : Ch. Muhammad Akhtar
Mobile : 0092-333-2427102
E-mail : aliakhtar02@gmail.com
Date of Birth : 9-June-1984
Address : House #18 Ibrahim Street #3 Yunispura Baghbanpura Lahore.
LinkedIn : https://pk.linkedin.com/in/ali-akhtar-b981a281

2. 2
Store Inventory : On 6 monthly basis, 100% stock counting, checking of store issue
records and pendency.
Purchases : Surprise checking of rate from market compared to own record, approved
rates validation, supplier due diligence,tracking duplicate suppliers in record, comparing
purchase price with industry and checking of internal controls.
Cash : Surprise cash count at H.O.and mills, checking cash expense vouchers for fake
documents or signatures.
Bank Payments/Reconciliations : Surprise checking of bank reconciliations and
delays in posting, analysis of markup rates and leases.
Payroll/Attendance : Verification ofsalary, overtime, gratuity, EOBI, SS and employee
loan records from punch scanning based payroll system on surprise basis, checking
approvals against manual entries in system.
T ax : Verification ofemployeeand supplierincome tax deductions according to rules and
timely depositing in Gov. treasury.
Accounts Receivables &Payables : Party balance aging, highlighting non-reconciled
party ledgers to reduce risk of party disputes, advances to purchasers and commission
agents, timely booking of invoices.
SOP Development for Departments : Payroll, Raw material, Stores etc. and checking
their compliance.
Evaluation of System (In-house ERP) : Coordinating with IT department for
developing internal controls.
Drafting audit plans and reports : Drafting Risk based Audit Plans and reports and
their follow up.
2.INTERNAL AUDITOR (February,2008 to May,2013)
1. KOHINOOR MILLSLT D.(Weaving,Dyeing, Hosiery, Apparel,Power Divisions)
2. Q-MART CORPORAT ION PVT LTD. (Retail chain store, a subsidiary ofKohinoor)
RESPONSIBILITIES:
Drafting Risk based audit plans, preparing audit reports, compliance summaries and risk based
auditing of :
 Store, Griege Fabric and Dyed Fabric Inventory
 Accounts Payable
 Purchases
 Cash
 Monthly night stock counting of Q-Mart stores.
 Costing
 Accounts
 Oracle Financial (R12) ERPSystem
 Drafting audit reports, compliance summaries and audit plans.
 In T ax Department(preparing tax challans,filing ofmonthly/quarterly/yearly Income
Tax deduction statements on FBR site and assist Senior in compiling Annual Return).
3.INT ERNSHIP(March,2007 to May,2007)
NTDC Ltd (WAPDA)

3. 3
QUALIFICATION
CMA Cost and Management Accountant (Foundation + Continue)
ICMA - Institute of Cost and Management Accountants Pakistan
MBIT-Finance(Master of Business and IT with Finance Major) 3.15 GPA
Institute of Business and IT – University of T he Punjab Lahore(Jan-2006 to Jun-2007 )
BBIT-Finance (Bachelor of Business and IT Honours with Finance Major) 2.95
GPA
Institute of Business and IT – University of T he Punjab Lahore(2002-2005)
ICS-Comp,Phy,Maths (Intermediate in Computer Sciences) Marks-59%
Government College Shalimar Lahore (2000-2002)
Matriculation-Science Marks-70%
Honours KG & Secondary School Baghbanpura Lahore (1998-2000)
CERTIFICATIONS
 Microsoft office short course
 Graphic designing(Photoshop, CorelDraw, Flash) short course
 Java programming language course
 MCSE training course
 PHP MY SQL (Web Development) short course
 Import and Export Management short course
 Certified Internal Auditor(CIA) Continue...
PROFESSIONAL SKILLS
 Oracle FinancialR12 (Proficiency : Excellent)
 Hands-on experience of Microsoft Office applications. (Proficiency : Excellent)
 MS Navision – Retail software (Proficiency : Good)
References
Will be provided