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Mohsin Hassan: Audit Expertise at PwC

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0% found this document useful (0 votes)
26 views2 pages

Mohsin Hassan: Audit Expertise at PwC

Uploaded by

hrjutt714
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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Mohsin Hassan

smohsin1498@[Link]| +92-303-084-3696 |[Link]/in/mohsin-hassan-042a72181 | Lahore, Pakistan

PROFESSIONAL SUMMARY
CA (Finalist) from Institute of Chartered Accountants of Pakistan with more than 4 years of professional experience of working
in audit and business advisory department of PwC Pakistan.

Proficient in executing external audits, encompassing group audits, interim reviews, agreed-upon procedures, and assessments of
internal audit functions in accordance with International Financial Reporting Standards (IFRS), International Standards on
Auditing (ISA), and relevant local corporate and taxation regulations.

Proven expertise in effectively managing a wide range of client portfolios spanning dynamic industries including Banking ,
Insurance, Manufacturing, Automobile, FMCG, Public Sector, and Education.

Demonstrated exceptional leadership in managing diverse teams, ensuring the delivery of high-quality outcomes within stringent
deadlines during client engagements.

Eager to leverage my technical, analytical, and managerial skills with a reputable organization, aiming to enhance organizational
performance and contribute to my continuous learning and development.

CORE COMPETENCIES

• Statutory audits • Transaction advisory and • Financial Modelling and Budgeting


valuation services
• IFRS / IAS & ISA • Accounting & Finance • Data Analysis and Research
Management
• Internal Audit Function • Preparation of financial • Microsoft Office / SAP / Oracle / ERP
Review statements
• Business process flows • PwC audit documentation • Multi-level / Hierarchal Communication/
and system review software AURA Staff Training & Leadership Skills

PROFESSIONAL EXPERIENCE
PricewaterhouseCoopers, Lahore| Pakistan
Senior Associate May 2023 – till date
Audit Associate June 2019 – December 2022

Key Responsibilities:

• Worked as a team leader at various audit engagements including staff planning, allocation of work for the audit team,
supervision, training, and motivation of the team members alongside updating the managers, directors, and engagement
partner about the same to ensure timely completion of audit field work.
• Developed appropriate audit plans and audit strategies using risk-based methodology & understanding, evaluating, and
testing the design and operative effectiveness of internal control systems along with providing recommendations for
weaknesses identified.
• Prepared and reviewed standalone and consolidated financial statements in accordance with the reporting framework
comprising of IFRS and applicable local laws.
• Liaised with client, audit team members and third-party professionals such as actuaries, independent valuators, lawyers, and
information technology experts.
• Reviewed the work of junior staff including on the job training for their professional development while contributing to my
own technical capabilities and business acumen.
• Ensured that audit documentation meets the quality control standards set by PwC internationally and the Institute of
Chartered Accountants of Pakistan locally.
• Managed and build client-firm relationships and ensured that the scope of work is completed, and deliverables are prepared
within the timeframe agreed with the client.
Achievements:
• Led teams in high-profile audit engagements including initial engagements for clients in specialized industries,
including banking, insurance, manufacturing, automotive and education.

• Led a team of up to 15 associates in the Initial Audit of one of the largest Sharia compliant banks in Pakistan with
deposits of over PKR 122 billion and over 175 branches nationwide.

• Led and managed a team at Initial Audit engagement of original equipment manufacturer of one of largest
automotive group of Pakistan.

• Played a lead advisory role in providing transaction restructuring and valuation services to a group of companies in the
manufacturing sector with annual revenues exceeding PKR 39 billion, contributing to their strategic decision -making process;

• Developed business process flows documentation, risk control matrices and identification of gaps in the existing process
flows of top listed bank having deposits of USD 6 billion;

• Led a buy-side financial and taxation due diligence for a leading beverages and food company in Pakistan over an
information period of three years, providing essential insights for strategic decision-making;

• Conducted a survey study for a public sector organization in collaboration with the World Bank;

• Facilitated mediation between clients on multiple occasions to resolve complaints effectively as part of assignment; and

• Managed the evaluation process for accreditation and onboarding of various teaching institutions for a public sector fund.

PROFESSIONAL AND ACADEMIC QUALIFICATIONS


Institute of Chartered Accountants of Pakistan (ICAP)
(Cleared 20/21 Papers of ICAP)
SUMMARY OF KEY CLIENTS

Client Name Sector Services


Millat Equipment Limited Automotive
Atlas Insurance Limited Insurance
External Audit
Namal Institute Education

MCB Islamic Bank Limited Banking


Shariah Compliance Audit
Pepsi Cola International (Private) Limited FMCG Transaction Advisory
Millat Group Automotive Restructuring and Valuation services
Bank of Punjab Limited Banking Business process review
MCB Islamic Bank Limited Banking External Review of Internal Audit Function
Pepsi Cola International (Private) Limited FMCG
Punjab Skills Development Fund (PSDF) Public
Agreed upon procedure
World Bank Public
Agriculture Department – Government of Punjab Public

PROFESSIONAL TRAININGS

• Completed Professional Values, Ethics and Attitudes (PVEA) course focusing on improving ethical decision making in
professional environment (ICAP);
• Completed 100-Hour Presentation and Communication Skills Course (ICAP);
• Completed multiple E-Learn assessments related to Audit & Assurance offered by PricewaterhouseCoopers (PwC);
• Attended Assurance Trainings I, II, III and IV by PricewaterhouseCoopers (PwC);
• Completed multiple in-house courses of PwC on Audit Methodology, Ethics and PwC Audit Tool (AURA);
• Attended Instructors Skill Course (ISC) for staff training organized by PricewaterhouseCoopers (PwC); and
• Completed trainings on the use of various data analytics and research tools i.e., Alteryx, PowerBI, Power Query,

Common questions

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Mohsin Hassan's experience aligns with core competencies required for managing complex audits through his comprehensive engagement in auditing various industries such as banking, insurance, and manufacturing. His proficiency in executing external audits, specifically in adherence to IFRS and ISA standards, demonstrates his competence. Furthermore, his leadership in managing diverse teams and client portfolios, along with the development of audit strategies using risk-based methodology, showcases his ability to handle complex, cross-industry audit engagements effectively .

Continuous professional development plays a pivotal role in Mohsin Hassan's career, as evidenced by his completion of courses like Professional Values, Ethics and Attitudes (PVEA) and the 100-hour Presentation and Communication Skills Course offered by ICAP. These initiatives strengthen his ethical decision-making and enhance his ability to communicate effectively, which are essential for maintaining professional integrity and fostering efficient client interactions .

Mohsin Hassan's mediation role facilitated effective conflict resolution by providing a platform for clients to address and resolve their complaints. His ability to mediate not only ensured smoother client relationships but also helped maintain constructive communication, ultimately contributing to the successful completion of client assignments .

Mohsin Hassan improves client-firm relationships by ensuring the completion of agreed-upon scopes and deliverables within set timeframes, thereby building trust and demonstrating reliability. He maintains open lines of communication with clients and meticulously manages their expectations, which is crucial for facilitating smooth audit engagements and fostering long-term professional relationships .

The significance of Mohsin Hassan's experience with initial audit engagements for specialized industries like Sharia-compliant banking lies in his ability to navigate complex compliance requirements and client-specific needs. Leading a substantial team and managing large-scale audits demonstrate his strategic oversight and industry-specific expertise, critical for maintaining regulatory standards and ensuring the integrity of financial reporting .

Mohsin Hassan's proficiency with financial software such as SAP, Oracle, ERP, and data analytics tools like Alteryx and PowerBI significantly enhances his ability to perform in transaction advisory and financial auditing. These technical skills enable precise financial modeling, budget analysis, and comprehensive data analysis, all of which are crucial for supporting strategic decision-making and providing accurate audit outcomes .

Mohsin Hassan ensures compliance with quality standards in audit documentation by adhering to the stringent quality control standards set by PwC internationally and the guidelines of the Institute of Chartered Accountants of Pakistan. His meticulous approach in preparing and reviewing financial statements ensures alignment with both IFRS and local laws, safeguarding against errors and enhancing the credibility of audit outputs .

Leadership qualities such as team supervision, staff planning, motivation, and effective communication can be inferred from Mohsin Hassan’s role. These qualities contribute to audit effectiveness by ensuring timely completion of audit work, maintaining high-quality documentation, and fostering a collaborative environment that enhances the performance and development of audit teams .

Mohsin Hassan's work significantly impacted banking institutions by developing business process flow documentation, risk control matrices, and identifying process gaps for top listed banks. These contributions improved internal process efficiencies, reduced risks, and ensured better regulatory compliance, thus enhancing the overall operational effectiveness of the financial institutions .

Mohsin Hassan contributed to strategic decision-making processes in the manufacturing sector by playing a lead advisory role in providing transaction restructuring and valuation services to a group of companies with annual revenues exceeding PKR 39 billion. His insights were instrumental in shaping the companies' strategic decisions, highlighting his impact on high-level business processes within the industry .

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