Muhammad Bilal

About

Services offered

• Bookkeeping & AccountingProficient
• Audit & Assurance SupportProficient
• Financial Reporting & FP&AProficient

Experience

1. Deputy Manager Financial Reporting2026 – Present

   Working as Deputy Manager and responsible for overseeing the overall financial reporting function and ensuring accurate and timely reporting in compliance with applicable accounting standards.

   • Prepared, analyzed and presented monthly, quarterly and annual financial statements to senior management ensuring full compliance with IFRS and other applicable reporting standards.

   • Liaised with factory finance team to ensure accurate and timely reporting of financial data and financial adjustments.

   • Ensure timely finalization of year-end audits, coordination with external auditors, and resolution of audit queries.

   • Supervised monthly physical stock counts and reconciled inventory balances with the books of accounts and resolved any discrepancies.

   • Monitored customer aging reports, followed up on overdue receivables and coordinated with relevant stakeholders to improve collections and maintain healthy cash flows.

   • Reviewed and validated customer claims including trade discounts, rebates and damaged goods by reconciling them with supporting documentation and approved commercial policies.

   • Reviewed the distributor incentive process by validating sales achievements against approved targets and ensuring the accurate incentive calculations in accordance with company policies

2. Assistant Manager Audit and Assurance2021 – 2026

   Worked as an Assistant Manager and engaged in managing diversified industries, including financial sector, oil and gas, logistics, NGOs, NBFCs, and healthcare. I have gained hands-on expertise in statutory audits and agreed-upon procedures. My experience spans both local and international engagements, including secondment opportunity in the Kingdom of Saudi Arabia with a network firm.

   • Conducted initial planning meetings with clients to understand and co-develop expectations and designed audit strategies in consultation with engagement manager.

   • Led an audit team of 3 or more members through the planning, execution, and completion stages of the audit, reviewing their work, and updating the engagement manager and partner to ensure deadlines were met.

   • Planned engagements based on an understanding of the client’s business processes and an assessment of business and audit risks, identified high-risk areas, maintaining close liaison with the client’s management.

   • Prepared and presented audit reports and audit findings to management, fostering a transparent and cooperative environment that facilitated timely corrective actions and process enhancements.

   • Mentored junior team members, sharing knowledge of audit methodologies and internal control best practices, resulting in their professional growth and increased audit efficiency.

   • Discussed and resolved key accounting issues, including the implementation of IFRS 16, IFRS 15, and IFRS 9.

   • Engaged in the restatement of prior financial statements, ensuring adherence to IAS 8 compliance requirements.

   • Performed audit and assurance services for clients using CaseWare software.

   • Carried out application of IFRS, ISA, and generally accepted accounting practices.

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Education

• Chartered AccountantCompleted 2026
• Bachelors in CommerceUniversity of KarachiCompleted 2021