IFTIKHAR SHAHID Executive Director – Assurance and Business Advisory
AREAS OF EXPERTISE
- Business process improvement projects
- Formulation of business strategies, plan and budgets including development of monitoring criteria for their evaluation
- ERP implementation projects as per international best practices
- Review and analysis of business processes, financial statements and accounting procedures
INDUSTRY EXPERTISE
- Micro Finance / NBFCs
- Healthcare
- Education
- Livestock
- Infrastructure
- Agriculture
- Various NPO’s / NGO’s
EDUCATION
- Associate Chartered Accountant – ACA Institute of Chartered Accountants of Pakistan
- Associate Public Finance Accountant – APFA Pakistan Institute of Public Finance Accountants
- Financial Consultant – CFC
Institute of Financial Consultants, CANADA - Association of Chartered Certified Accountants – Finalist United Kingdom
PROFILE SUMMARY
Iftikhar Shahid have more than 22 years of diversified practical experience of managing Finance, Accounts, Advisory and Audit department while working in social sector and professional chartered accountants firm. He is qualified Chartered Accountant (ACA-PK) and Associate Public Finance Accountant (APFA) having various certifications and training on auditing, financial management, risk assessment and professional development.
He has worked on a number of engagements in area of valuation, advisory, due diligence and related transaction services, Risk Management Framework – both on the advisory side as well as in industry. He has also performed Business process Improvement assignments, transaction advisory and agreed-upon procedures and assignments.
EXPERIENCE HIGHLIGHTS
- Review of internal audit methodology and COSO framework, including end-to-end documentation of process flows, mapping risks & controls.
- Extensive experience in conducting an effective and efficient Risk Based Audit.
- Extensive expertise in business process documentation with evaluation of process improvement opportunities including governance structure reorganization.
- Substantial experience in multiple lines of service including Public Sector Consulting and Risk Assessment & controls.
- IT security reviews and IT infrastructure reviews, IT risk assessment, review of IT policy and procedure and Disaster
Recovery plans. - In-depth knowledge of and experience with design and implementation of controls in an organization as per requirement of International Best Practice Frameworks.
- Drafting audit programs with reference to scope of work of the engagement.
- Experience in reviewing process documentation, including risk control matrices, for adequacy and appropriateness.
- In depth knowledge of and experience with design and implementation of controls in an organization as per requirement of International Best Practice Frameworks.
- Review of HR System.
- Internal control documentation.