Afroz Ali

Lead and manage audits for a diverse portfolio of clients, ensuring compliance with IFRS standards and identifying potential areas of financial risk. Specialize in IFRS 16 implementation and compliance, guiding clients through the recognition, measurement, and disclosure requirements related to leases. Manage audit engagements from planning to final reporting, overseeing a team of auditors to ensure adherence to deadlines, accuracy, and regulatory standards. Perform and review consolidation procedures for groups of companies, ensuring accurate elimination of intercompany transactions, proper treatment of minority interests, and compliance with IFRS regulations. Develop and present comprehensive audit reports to senior management and clients, offering actionable recommendations to enhance financial reporting and internal controls. Key Achievements: Reduced client financial reporting errors by 30% through a detailed review of internal controls and process optimization. Successfully managed a group audit engagement for a large multinational company, overseeing the consolidation of financial statements from multiple subsidiaries across different regions, and ensuring accurate reporting in line with IFRS. Identified key areas for improvement in the consolidation process, reducing errors in intercompany eliminations by 20% and enhancing the efficiency of the audit process.

Led audits for a diverse portfolio of clients, ensuring compliance with financial reporting standards and regulations. Conducted comprehensive financial audits, identifying key risks and recommending improvements in internal controls. Managed the full audit lifecycle, including planning, risk assessment, testing, reporting, and final delivery of audit findings. Coordinated with clients to gather financial data and explain audit procedures. Collaborated with internal teams to resolve issues and ensure audits were completed on time and within budget. Provided guidance and mentorship to junior auditors, fostering professional development. Ensured compliance with UAE tax regulations. Assisted in preparing audit reports and presenting findings to senior management and clients.

Conducted external and internal audits, ensuring compliance with tax laws. Advised clients on VAT compliance, audit readiness, and regulatory requirements. Managed VAT registration, filings, amendments, and refunds per FTA guidelines. Provided accounting support, including preparation of general ledgers, trial balances, and reconciliations for clients. Reviewed internal controls and recommended improvements to enhance financial accuracy and minimize risks. Provided bookkeeping services, including AP, AR, payroll, and reconciliations.