Shabbar Yusuf
Auditor
Muscat
Summary
Detail-oriented Auditor with track record of quickly completing complex audit projects. Experienced in public and private accounting, specializing in financial statement audits. Well-versed in managing entire audit process from planning and risk assessment to fieldwork.
Overview
11
11
years of professional experience
19
19
years of post-secondary education
Work History
Audit Supervisor
Abu Timam Grant Thornton LLC
01.2024 - Current
- Mentored junior auditors, providing guidance and feedback for professional growth and development.
- Reduced audit timeframes with efficient planning and execution of audit procedures.
- Developed strong relationships with clients to facilitate open communication during audits.
- Delivered high-quality audit reports on time, enabling stakeholders to make informed decisions.
- Reviewed workpapers prepared by junior auditors for accuracy and completeness before incorporating them into the final audit report.
- Trained new audit personnel to perform duties according to regulations and established procedures.
- Performed detailed analytics on financial data to detect anomalies indicative of potential issues or control weaknesses.
- Strengthened client satisfaction by addressing concerns promptly and professionally throughout the auditing process.
- Performed observations and evaluated supporting documents to supplement audit findings.
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
Senior Associate
Abu Timam Grant Thornton LLC
11.2022 - 12.2023
- Managed complex audit engagements, coordinating resources effectively to meet strict deadlines without compromising on quality or accuracy.
- Assisted with the development and execution of annual audit plans, contributing to an organized and effective approach to auditing activities.
- Demonstrated strong analytical skills while assessing complex financial data sets, enabling accurate identification of trends or anomalies warranting further investigation.
- Maintained strict adherence to professional standards and ethical guidelines while conducting audits, fostering trust between auditors and stakeholders.
- Enhanced overall audit quality by developing and implementing comprehensive audit programs tailored to specific business processes.
- Verified assets and liabilities by comparing and analyzing items and collateral to documentation.
- Completed audit paperwork and memoranda by documenting audit tests and findings.
- Prepared working papers, reports and supporting documentation for audit findings.
Administration Partner
SHABBAR TRADING LLC
7 2021 - 10.2022
- Day to day accounting
- Performing daily accounting tasks such as data entry, bank and reconciliations, preparing sales invoices, daily stock count and verification, receivables and payables adjustments, accrual entries, bank visits for deposits and withdrawals, etc
- Customer and supplier relations
- Maintaining customer and supplier information
- Preparing LPOs and DOs
- Regularly contacting customers and suppliers regarding deliveries and payments
- Making sure there are no delays in deliveries by regularly contacting the drivers
- VAT and year end audits
- Working with auditors for quarterly VAT filing and making sure the figures are accurate
- Also, overseeing the procedures so that there are no delays in the payment and the filing
- Also, working with auditors for year end audits
- Preparing and submitting draft financial statements to them
- Preparing and submitting required schedules and information necessary for the audit
- Budgeting and Forecasting
- Preparing monthly budgets and forecasts for sales, purchases and expenses
- Making sure the target is reached by arranging items and deliveries on time
- Prepared cashflow forecast for smooth working of the business and monitoring and addressing any shortfall
- Analyzing previous trends and working to improve current performance.
Chief Accountant
United Ajyal Majan LLC (WUJHA REAL ESTATE DEVELOPERS)
02.2016 - 05.2021
- Day to day accounting
- Supervised general day to day accounting activities like data entry, cash and bank reconciliations, invoice generation for sales, payroll processing etc
- Approved payments made to suppliers/vendors based on approved invoices
- Obtained new contracts from the sales team in a timely manner to ensure proper recognition of sales
- Monitored banks and cash for daily collections
- Supervised collections team of 10 people
- Month and year end closing
- Performed month and year end closing procedures by recording necessary journal entries, finalizing sales as per company policies in line with the IFRS, inspected documents for work completion from the Contractor to make sure the construction cost has been properly determined and recognized and worked with auditors to finalize the yearly accounts and made sure they are in line with government guidelines
- Wrote financial statements and consolidations after reconciling general ledger accounts
- Supervised accurate, efficient and compliant completion of monthly financial reporting packages
- Budgeting and Forecasting
- Reviewed budgets, including capital appropriations and operating budgets, and communicated findings to senior management
- Planned and managed annual budgets, tracking expenses and investigating discrepancies to maintain optimal controls
- Advised management regarding significant expenditures to keep operations in line with budget limitations
- Payroll processing
- Obtained attendance for employees for each month from the biometric systems
- Discussed any discrepancies or exceptions with the HR department regarding any irregularities of the employees
- Obtained complete payroll sheet from the HR department and checked for mathematical accuracy
- Calculated monthly sales commission for staff based on company policies
- Entered and processed the payroll in the online banking systems and made sure it is completed on time
- Treasury
- Monitored group bank accounts and made sure the accounts have sufficient funds by communicating to top management for any shortfall or upcoming post-dated cheques
- Made transfers to related parties based on management approvals
- Made sure the monthly interest of the overdraft facility is being paid without any delays or discrepancies
- Followed up regularly for collections by instructing the team to make necessary calls to the customers
- Communicated with banks for facility extension or holding of any cheques.
Audit In-charge
Abu Timam Grant Thornton LLP
08.2014 - 04.2015
- Performed strategic planning, execution and finalization of audits
- Completed audit papers by thoroughly documenting audit tests and findings
- Gathered and analyzed financial data to determine improvement efforts
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement
- Prepared working papers, reports and supporting documentation for audit findings
- Analyzed accounting systems for efficiency and effectiveness
- Interviewed business owners, explained audit scope and conducted exit interviews of audit findings
- Conducted financial, compliance and operational audits.
Audit Assistant
KPMG Oman
02.2014 - 04.2014
- Recommended changes in internal audit controls
- Reviewed and assessed accounting systems and business controls
- Assessed financial statements and records
- Performed auditing work in accordance with IFRS (International Financial Reporting Standards) to meet rigorous standards
- Prepared working papers, reports and supporting documentation for audit findings
- Completed audit papers by thoroughly documenting audit tests and findings.
Education
High School Diploma -
Indian School Muscat
06.1998 - 05.2010
ACCA Membership: Accounting And Finance - undefined
College For Banking And Financial Studies
08.2010 - 05.2018
Certificate in Data Analytics (CertDA): Data Analytics - undefined
ACCA
10.2020 - 05.2020
Skills
Accounting management
IFRS proficiency
Preparing financial statements
Financial planning
Financial Management
MS Office
Supervision
Communications
Problem resolution
Tally ERP 9
KPIcom
Salesforce
Financialforce
Personal Information
Date of Birth: 10/01/92
Languages
English
Hindi
Gujarati
Interests
Swimming
Cricket
Timeline
Audit Supervisor
Abu Timam Grant Thornton LLC
01.2024 - Current
Senior Associate
Abu Timam Grant Thornton LLC
11.2022 - 12.2023
Certificate in Data Analytics (CertDA): Data Analytics - undefined
ACCA
10.2020 - 05.2020
Chief Accountant
United Ajyal Majan LLC (WUJHA REAL ESTATE DEVELOPERS)
02.2016 - 05.2021
Audit In-charge
Abu Timam Grant Thornton LLP
08.2014 - 04.2015
Audit Assistant
KPMG Oman
02.2014 - 04.2014
ACCA Membership: Accounting And Finance - undefined
College For Banking And Financial Studies
08.2010 - 05.2018
High School Diploma -
Indian School Muscat
06.1998 - 05.2010
Administration Partner
SHABBAR TRADING LLC
7 2021 - 10.2022
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