1. Ayyaz Asim, ACA
Address: Manager Audit Masood Fabrics Limited
4 Km Multan Road Kabirwala, District Khanewal
Cell Phone +92 333 6220710
+92 305 7505605
E-mail ayyaz2k067@gmail.com
Career
Objective
To attain a position amongst highest levels of management through my contributions in
a progressive, result-oriented and dynamic organization, where I can utilize my
experience, skills, expertise and studies towards growth of the organization as well as
enrichment of my professional abilities.
Professional
Qualifications
CA Qualified-2014
Accounting, Finance, Audit, Tax, Financial Management & Corporate Laws
Institute of Chartered Accountants of Pakistan (ICAP)
CA –Intermediate-2009
Institute of Chartered Accountants of Pakistan (ICAP)
Academic
Qualification
Intermediate F.SC (Pre-Engineering) 945/1100
Pakistan Steel Cadet College Karachi-(Karachi Board)
Matriculation 775/850
Pakistan Steel Cadet College Karachi-(Karachi Board)
Position in Karachi Board in SSC and HSC
Professional
Experience
Mahmood Group Of Industries Multan
Mahmood Group is a leading Textile Group in Pakistan and largest for Southern
Punjab. Mahmood Group started business in 1935, by setting up a tanning unit. Now it
has 24 manufacturing units (related to Weaving, Spinning, Apparel, tanneries & Food)
including 10 listed, public unlisted and private limited companies. Mahmood Group
has annual tyrnover of above US $300 million and workforce of 12,500 employees.
Group Manager Internal Audit
January 2014- Present
Working as Group Manager Internal Audit in Pakistan's leading textile group Mahmood
Group of Industries. Following are some of the prime responsibilities that are assigned
to me.
Internal Audit & Costing.
 Managing the affairs of the Internal Audit Department of the company includes
 Preparation of periodic Internal Audit reports and compliance of findings,
directly reportable to CEO, Director Finance, Chief Internal Auditor and CFO.
 Participated in preparation of Administrative Policies and Procedures,

2. Organisational Structural Review, Job Descriptions, Salary Structures, Effective
Appraisal Systems and recommendations regarding ERP Oracle System Up
gradation. Gained knowledge in designing and implementing accounting and
related internal control systems. Analysed the systems of internal controls both
manual and automated and suggested recommendations for improvements.
 Review the monthly Management reports and Financial Statements ensuring
their reliability and timely provision. Monitoring & Control of Accounts
 Preparation of Sales Tax and Income Tax related reconciliations and developing
responses to different Tax related notices by FBR and monitoring and ensuring
timely e filing of Sales Tax and Income Tax Returns.
 Receivables to ensure strict compliance with company credit policy and
analysis of risk.
 Preparation of the Management reports of the units on monthly basis which
includes Stock movement analysis, Sales analysis, Dead Stock or Slow moving
Stocks analysis, variance analysis and other analytical reports related to
production and profitability.
Manager Accounts & Finance
July 2013-December 2013
 Worked as Chief Accountant Roomi Foods (Pvt.) Limited reporting to the CEO
and Chief Financial Officer of the Group. Work included
 Monthly Management accounts and Cost Accounts and other related analysis,
along with annual finalization and coordination with external auditors.
 Analyze monthly/periodic financial statements of the Company in accordance
to the IFRS (International Financial Reporting Standards) and local laws.
 Preparation and Analysis of Costing reports i.e. Monthly Production Cost
Sheets, Monthly Contribution Sheets, Job Order Cost Sheets, Variable Cost
Sheets etc.
 Initiate and document policies and procedures for the Accounting and Finance
department for business control, preventing and avoiding risk exposure.
 Review and monitor operational budgets and set expense ceilings.
 Monitor reconciliations, variances and subsequent rectifications. Review and
negotiate Vendor Contracts for financial and legal implications and execute
accordingly. Collaborate with the External Auditors and Internal Audit
Department to ensure compliance with statutory requirements and internal
controls.
 Communicate with the Securities and Exchange Commission of Pakistan (SECP)
and Federal Board of Revenue (FBR) to ensure compliance with applicable
laws.
 Delegate responsibilities for generating necessary disclosures and schedules for
compliance with regulations and IFRS.
 Review and preparation of supplier and customer reconciliations for effective
control on receipt, payments, sales, purchases and expenses.
 Coordinate with banks for payments of mark up and principal as per repayment
schedules, agreement and approval.
Senior Audit Associate
Riaz Ahmad and Company, Chartered Accountants, Lahore (A member firm of NEXIA
International) – From June 2009 to May 2013
During training I learnt and developed skills with emphasis on analysis of financial and
non-financial information, financial reporting, internal controls and compliance with
applicable regulations and laws. My job responsibilities included:

3.  Preliminary planning and development of detailed audit plan for financial
audits of various manufacturing and financial sector entities; including time
budgeting, mobilization of engagement team, preliminary risk assessment and
review of accounting and internal control systems; development of an
independent expectation of company's financial performance and comparison
with the company's actual results with investigation and explanation of
variances.
 Review, analysis and conclusion on work performed, ensuring compliance with
applicable statutory legislatures and International Financial Reporting Standards
(IFRS); gaining experience in designing and implementing accounting and
related internal control systems and conducting a detailed review of internal
control systems to highlight areas needing improvement; analysis of financial
statements, comparison of actual financial performance with budgets and prior
years and investigation and explanation of variances.
 Management, supervision and coordination of audit work being performed by
the audit teams; facilitating coordination between client personnel and the
engagement team and also among the team members.
Major
Industries of
Experience
During my
Training
Financial Sector
 Zarai Taraqiati Bank Limited
Textile Sector
 Kohinoor Textile Mills Limited
 Nishat Mills Limited
 Nishat (Chunian) Limited
 Kohinoor Mills Limited
Manufacturing and Industrial Sector
 Grays of Cambridge Limited
Non Governmental Organization Sector
 Community Support Concern (CSC)
Service Industry
 Institute of Business Management (UET Lahore)
 Independent Monitoring Association for Child Labour Sialkot
 District Jinnah Public School Mandi Bahauddin
 Speciality Process Equipment Corporation (Private) Limited (SPEC)
 IMI Engineering (Private) Limited
Power Sector
 Pakgen Power Limited
 Lalpir Power Limited
 Terra Energy (Private) Limited
 Lorenzo Gas (Private) Limited
Petrol, Oil and Lubricants
 Hi-Tech Lubricants Limited

4. Internal Audit
 Nishat Mills Limited
 Four Brothers Group of Pakistan
 Four Brothers Fertilizers
 4B Telecom
 4B Gentel International (Private) limited
 4B Solutions (Private) limited
 4B International
 Four Brothers Biological A.G
 4B Industries
 Four Brothers Pesticides Pakistan
 Four Brothers HEIS Pakistan
 Four Brothers Agri Services Pakistan
 Four Brothers Seeds Pakistan
 Four Brothers Chemicals (Private) Limited
 Four Brothers Farms (Private) Limited
 US Apparel and Textile Mills (Private) Limited
Agreed upon Procedures
Reporting for inventory despatch of local and export sales to ensure compliance
with terms and conditions of All Pakistan Cement Manufacturers Association
(APCMA)
 D.G Khan Cement Company Limited
Special Assignments
Performed agreed upon procedures, including reporting thereon, on yarn, Fabrics and
general stores assignment of US Apparel and Textile Mills (Private) Limited to ensure
compliance with relevant Standard Operating Procedures (SOPs) of the Company
regarding verification of purchases, dispatch of finished goods and reconciliation of
inventory module with financial module.
Team Work,
Computer
Literacy and
Other Skills
 Having potential of overcoming challenges in new environment quickly.
Excellent at developing friendly working relationships with the fellow team
members and colleagues, leading from the front and providing assistance and
expertise wherever required. I have impressive and dynamic communication
skills to develop comfortable and friendly relationships with my clients.
 Exposure of Microsoft Office including designing of Microsoft Excel-based
programs to help expedite the audit work at clients with no automated
information systems.
 Carried out audits in ERP environment of various clients.
Interests and
Activities
 History and current affairs
 Volley Ball
 Cricket
Personal
Details
Date of Birth 14 April 1987
Father Name Ghulam Kazim
Nationality Pakistani
References Shall be furnished on demand.