Muhammad Y

Senior Financial Controller

RedSeal • Tiempo completo

May 2024 - Jan 2026 • 1 yr 8 mos

Red Sea Global (Vision 2030 Giga Project) Shura Island Golf Project, Umlug, Tabuk • Leading finance operations for a flagship Vision 2030 giga project, overseeing budgeting, reporting, and financial controls within a large-scale development environment. • Managing IFRS-compliant financial reporting and ensuring adherence to governance, regulatory, and internal control frameworks. • Coordinating with cross-functional teams (engineering, procurement, operations) to align financial planning with project timelines and cost structures. • Managed full audit cycles (internal and external) with zero major audit findings. • Developed financial models and sensitivity analysis to support investment decisions. • Provided variance analysis and financial insights to senior management and the Board. • Improved cash flow and working capital management, increasing liquidity by 18%. • Ensured compliance with governance standards and strengthened financial controls. • Streamlined financial processes and reporting systems, reducing manual workload.

Head of bookkeeping Department

BalanceWaves • Tiempo completo

Dec 2012 - Apr 2024 • 11 yrs 4 mos

• Oversaw and enhanced the efficiency of bookkeeping operations by reviewing daily financial transactions, including cashbooks, ledgers, and journal entries, ensuring accuracy and compliance. • Advised client managers on the approval of journal entries, ensuring financial records were in accordance with IFRS, IAS, and local regulatory standards • Delivered strategic financial advisory services, preparing detailed monthly, quarterly, and annual financial reports for clients, including KPI analysis, financial ratios, and trend evaluations. • Presented actionable recommendations to enhance financial performance and drive business growth • Delivered strategic financial advisory services by preparing comprehensive monthly, quarterly, and annual financial reports for clients, including detailed KPI analysis, financial ratios, and business trend evaluations. Presented data-driven recommendations to enhance financial performance. • Implemented IFRS for SMEs across the organization, ensuring full compliance with international financial • reporting standards. • • Led the successful adoption of the Uniform System of Accounts for the Lodging Industry (USALI) to enhance • financial reporting consistency and transparency. • • Designed and structured the Chart of Accounts (COA) and supporting financial schedules in compliance with • USALI and IFRS standards.

External Auditor

Deloitte • Tiempo completo

Dec 2008 - Dec 2013 • 5 yrs

• Led audit planning efforts for diverse client portfolios, including high-profile clients like Summit Bank, • ensuring comprehensive risk assessments, scope determination, and resource allocation, resulting in a • 20% reduction in time spent on resource allocation. • • Directed execution of audit procedures across 15+ audits annually for clients such as Pakistan Currency • Exchange and Green Development, ensuring full compliance with regulatory standards and achieving a • 15% increase in audit efficiency and 100% adherence to auditing methodologies. • • Evaluated internal controls and assessed risk, including balance sheet items such as receivables, payables, • and loans for multiple sectors, leading to a 30% improvement in risk mitigation strategies and reducing client • vulnerabilities by 10%. • • Supervised a team of 5 junior auditors, providing training and mentoring to ensure high-quality audit • execution, resulting in a 25% reduction in rework and fostering a collaborative, growth-oriented • environment within the team. • • Collaborated with CFOs to prepare concise audit summaries for senior decision-makers, streamlining • decision-making processes and ensuring reports complied with IFRS and IAS standards (e.g., IFRS 9, IAS achieving a 20% improvement in the clarity and impact of financial reporting