Muhammad Furqan Shaikh

Privately Held; 51-200 employees; Insurance industry

October 2008 – September 2011 (3 years)

Close co-ordination and develop relationships of internal auditor, external auditor, Shariah compliant auditor with audit committee and the management for smooth functioning of audit function of the company and constantly look for ways to strengthen overall governance, risk assessment and internal controls of the company.

Key results:
• Regular quarterly reporting to the Audit Committee of routine internal audit reports and special assignment;
• Built a finely tuned internal audit activity, fostering a collaborative environment that improved productivity, individual accountability and team morale;
• Built a finely tuned accounting department, fostering a collaborative environment that improved productivity, individual accountability and team morale;
• Played critical role in the implementation of specialized Takaful software for Takaful Business, G/L system, financial systems, and reports and schedules to improve forecast precision and standardize reporting procedures;
• Member of Risk Committee and playing major role in the preparation of risk management report of the company;
• Member of Budget Committee and play a critical role in the development of business plan and yearly budget;
• Develop policies and procedural manuals in key areas of finance, accounting, operation and agency system. Also developed company policies for key activities of the company;
• Have independent close co-ordination with internal auditors and external auditors;
• Streamlines negotiation process for major capital expenditures, revenue expenditures, service contracts at affordable and economical price;
• Performed different analysis for cost reduction, revenue target increase and reducing operational time; and
• Good communication skills with a demonstrated ability to develop and maintain good client relationships.

Privately Held; 10,001+ employees; Management Consulting industry

September 2007 – September 2008 (1 year 1 month)

Managed various statutory audits of reputable organization of different sectors which includes financial institution, manufacturing, trading and service organization. Overall exposure includes for bank, asset management company, mutual funds, petrochemical and textile manufacturing, Provident Funds, security service provider, media organization, oil and gas exploration etc.

Partnership; 10,001+ employees; Accounting industry

December 2005 – June 2007 (1 year 7 months)

Managed various statutory audits of reputable organization of different sectors which includes financial institution, manufacturing, trading and service organization. Overall exposure includes for bank, asset management company, mutual funds, petrochemical and textile manufacturing, Provident Funds, security service provider, media organization, oil and gas exploration etc.

Privately Held; 10,001+ employees; Management Consulting industry

May 2005 – November 2005 (7 months)

Managed assignments of Due Diligence Review, transaction advisory, feasibility reports and corporate matters. Overall exposure include for Telecommunication Company, banks, fast food industry and etc

Privately Held; 10,001+ employees; Management Consulting industry

January 2000 – January 2005 (5 years 1 month)

Successfully assist and supervised different audits of different sectors and completed four years mandatory article ship with the firm. During this period I also deputed to Deloitte Saudi Arabia for four months where I was awarded satisfactory performance