Muhammad Ammar Farooque Brief Career ProfileEducation: CPA, CGA, ACCA, UAECA, CFC, M.Com, BSc (Hons), APFA.Experience: A result oriented professional with more than seven (7) years of experience with a track

record of providing services in Financial Accounting and Reporting, Internal Auditing, Regulatory Accounting, Corporate Governance, Assurance & Advisory Business Services with highly reputable organization and Big4 firm. Key strengths includes but not limited to: assembling & managing team of 5+ people, formulating & interpreting financial information, financial modelling, leading major cost rationalisation programmes to remove cost from a business & drive profitability in multi-currency environment.

Achievements:- Tremendously satisfied comments from Group Financial Controller and Senior Controller in the first few

months of association with WWT and received “Exceeds Expectations” ratings in the first Performance Review.

- Completely taken over the responsibility in preparing various reports (such as Consolidated Cash Flows, Intercompany Reconciliation etc.) including Consolidated Financial Statement for senior management from Group Financial Controller in the second month after joining WWT.

- Two times early promotion to Semi-Senior and Senior position in EY Karachi Office with in training period with diversified client portfolio. This is an acknowledgement of my efforts, skills and competence on part of my overseers and employers.

- Promoted to Engagement Auditor in less than a year in EY Dubai Office.- Design and create Group Handbook (for all stakeholders) and Policies and Procedure Manual (for

employees which covers all the processes of the Group companies such as: Revenue, AP, Bank, Payroll, JE etc.) to help all employees and other stakeholders become acquainted with our corporation and answer many of their questions. This was the first major assignment independently handled at WWT. The Handbook and Manual were well appreciated, approved and become essential documents Group wide.

- Worked in the capacity of Assistant Manager at EY where my experience in Assurance department enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries and the accounting and internal control system implement at various organizations.

- Worked as a senior team member on various assignments to prepare reports on risk management issues and internal control deficiencies identified and provide recommendations for optimizing the organisation's operations.

- Worked as a senior team member at EY on an assignment to establish an internal audit and control function in respect of inventories and fixed assets at China Mobile Pakistan (CMPak).

- Pioneer of Data Analytics Tools in EY Dubai.- Reduced the cost of audit by improving efficiency and output and by effective planning and

execution of audit.Core Competencies: - Holds a strong acumen towards International Financial Reporting Standards (IFRS).- In-depth knowledge of preparing business plans and financial models based on company strategies

and keeping a close eye on variances on day-to-day basis. This includes managing the actual and projected cash flows on a daily basis.

- Experienced in formulating and interpreting financial information, analysing and giving recommendations for enhancing the overall efficiency of the reporting system.

- Skilled in creating financial performance metrics and drove improvements through regular interaction with the finance teams.

- Understood and documented processes and procedures in accordance with professional standards that addressed engagement/project risks and ensured that procedures were appropriately executed.

- Prepared consolidated financial statements with complex group structures, foreign subsidiaries, acquisitions and disposals during the period, discontinued operations and other complex scenarios requiring advanced practical knowledge and application of IFRS.

- Experienced in reporting internationally to group auditors (EY Global offices) and submission of reporting packs to EY global offices.

- Prepared board presentations to report financial and non-financial performance of audit clients and proposals to demonstrate assurance and other related value added services available for prospective clients.

- Able to review the process documentations including the manuals and flowcharts to identify process improvement and cost reduction opportunities for an organization.

- Able to identify and critically evaluate the elements of governance and risk management in an organization.

- Able to lead reviews of the risk management strategy and provide advice to senior management on the effectiveness of the framework and implementation.

- Able to lead and to contribute to the team with diversified audit client portfolio.

MUHAMMAD AMMAR FAROOQUE

Email: mfammar@gmail.com Telephone: +971 55 128 1756PROFESSIONAL EDUCATION

Particulars Institute Year

Certified Accounting Technician (CAT)

Association of Chartered Certified Accountant (ACCA) 2006

Chartered Certified Accountant (ACCA)

Association of Chartered Certified Accountant (ACCA) 2014

Certified Financial Consultant (CFC) The Institute of Financial Consultants (IFC) 2014

United Arab Emirates Chartered Accountant (UAECA)

Accountants & Auditors Association (AAA) 2015

BSc. (Hons) in Applied Accounting Oxford Brookes University (UK) 2015

Masters in Commerce Equivalent(M.Com)

Higher Education Commission of Pakistan (HEC) 2015

Certified Professional Accountant (CPA, CGA)

Chartered Professional Accountants of British Columbia (CPABC) 2015

WORK EXPERIENCE

WWT INTERNATIONAL MIDDLE EAST FZE, A subsidiary of WWT International GroupFinancial Accountant Since May 2014 to date

WWT International Group of Companies (WWT) is the world leader in developing solutions for reducing torque, drag, wear and buckling during drilling, as well as for expanding coiled tubing capabilities in extended reach wells since 1988. WWT is known for engineering ingenuity, and for exceeding customers’ requirements and expectations with its own products. WWT’s 134 patents and industry awards clearly demonstrate the Groups’ commitment. I am working as Financial Accountant and responsible for the entire Finance function of the Group companies operating in MENA and Europe region and directly support the Group Financial Controller and Senior Controller (who is the head of the finance department). Following are key responsibilities: Support and participate in monthly management reporting and budgets and ensure that the same are in accordance

with the requirements of International Financial Reporting Standards (IFRS) of all operating companies of MENA and Europe region;

Assuring that proper Controllership and Compliance processes are in place, including policies and procedures, account reconciliations, closing checklists, proper revenue recognition and proper documentation and approval processes;

Responsible for the full cycle closing process of the general ledger, including accurate and timely financial reporting, planning, forecasting, internal and external audit support, and management of risks and opportunities in MENA and Europe region;

Carry out the monthly and quarterly analytical reviews and reconciliations of the operating companies’ monthly results; Oversee Group audit and liaise with Group and local auditors to ensure smooth interim and yearly audits; Perform Group Consolidation, prepare Group’s consolidated financial statements including consolidated cash flows and

Intercompany Reconciliations and advise on technical accounting and auditing matters at Group and operating company level;

Generate Accounting Policies and Procedure Manuals for all operating companies of Middle East and Europe from scratch and ensure that the same are consistent with other group companies and are in accordance with the requirements of IFRS;

Generate Supplements for all operating companies of Middle East and Europe to include in Group’s Handbook and ensure that the same are updated as a result of any changes;

Provide training to new and existing staff as needed and support group accounting team with any special projects and Regional Managers in the collation of information for billing;

WORK EXPERIENCE (CONTINUED) EY DUBAI, A member firm of ERNST & YOUNG GLOBAL LIMITED

Engagement AuditorSince February 2011 to April 2014

ERNST & YOUNG FORD RHODES SIDAT HYDER & CO, A member firm of ERNST & YOUNG GLOBAL LIMITEDSenior AuditorSince September 2007 to October 2010

EY is one of the top leading professional service firms in the world and Dubai office is serving as a hub for all the other offices in the country and region. I was associated with the Assurance group as Engagement Auditor that provides diversified services to its clients ranging from assurance, statutory audits, interim review engagements and accountancy services. I worked in the capacity of Assistant Manager-Audit where my experience in Assurance enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries and the accounting and internal control systems implemented at various organizations. Following were my key responsibilities:

Facilitating wide range of assurance services, with the primary focus on the objective of assurance on the reliability and relevance of financial information;

Conducting detailed assessment of efficiency and effectiveness of clients’ internal controls, introducing best practices, giving suggestions to improve their quality and value-added services (including governance and enterprise risk issues);

Demonstrated excellence in providing advisory varied clients for effective decision making, grasping and anticipating emerging trends, leading to result oriented performance;

Ensuring strict adherence to the International Accounting Standards/International Financial Reporting Standards, local laws and regulations, professional rules, practices, etc.;

Involved in the planning and managing engagement dynamics and audit team along with ensuring deliverables meet work plan specifications and deadlines;

Working on the board presentations to report financial and non-financial performance of audit clients and proposals to demonstrate assurance and other related value added services available for prospective clients;

Performed statutory audit engagements that required specialised audit and accounting skill, including audits of consolidated financial statements with complex group structure, hedge instruments (foreign currency forward contracts), fair value estimates of investment properties using discounted future cash flows and complex revenue transactions with multiple components; identified areas of improvement as well as corrective actions necessary for audit issue closure;

Building and maintaining strong relationships with new clients; Conducted trainings on use of audit software and specialised audit areas to build knowledge and competencies of junior

auditors.

During this tenure with EY, I gained professional experience of carrying out assignments of assurance and other services of the entities operating in diversified sectors including;

Energy Oil & Gas Manufacturing & Chemical Construction and Development Financial Institutions Aviation Textile manufacturing Real Estate Leisure and Hospitality Advertising Telecommunication and Media Marine Transport Trading Retail, Food and Beverage Transportation Not for profit organization & Others

PROFESSIONAL DEVELOPMENT AND TRAINING

Successfully completed course on “Overview of Canadian Tax and Law”. Attended various trainings on audit tools conducted by EY. Attended courses conducted by EY on International Financial Reporting Standards (IFRS). Applied and rendered training of audit tools at various audit engagements. Attended other audit and accounting related courses of EY on various subjects such as CAAT, Audit Methodology and

International Standard on Auditing. Attended various seminars and workshops on different topics organized by ACCA such as time management and

vocabulary building.IT PROFICIENCY Well-versed with MS Office applications. Lotus Notes (integrated information environment). Analysed data within audit areas using EY audit tools (EY Global Analytics, EY Eagle) and MS Excel to understand trends

and risk patterns. Experience of working in the following ERP systems:

˗ SAGE MAS 100˗ Microsoft Dynamics NAV˗ SAP Financial System˗ JD Edwards˗ Oracle Financials

ACADEMIC AND OTHER EDUCATION Particulars Institute Year

Associate Public Finance Accountant (APFA)

Pakistan Institute of Public Finance Accountants (PIPFA) 2015

High Secondary Certificate(GCE A-levels equivalent)

College of Emerging Technologies, KarachiBoard of Intermediate Education, Karachi 2004

Secondary School Certificate(GCE O-levels equivalent)

St. Peter’s High School, KarachiBoard of Secondary Education, Karachi 2002

PERSONAL INFORMATION Marital Status: Single Nationality: Pakistani Languages: English, Urdu and Hindi Date of birth: 23 April 1985 Place of current employment: Dubai, United Arab EmiratesEXTRA-CURRICULAR Organised and actively participated in the annual and various other functions at EY and other institutes in which I have

studied. Music Production, Table Tennis, Cricket & Film/Movies.REFERENCES I know Ammar from the time when he came on short period secondment to EY Dubai and throughout from that time to

now he has been in touch with me as a respecting Ex-colleague and a good friend. His work in audit is commendable, as he has been managing tough audit jobs in limited time with improved efficiency. He is a hard worker, keen learner and target oriented fellow who likes to accept challenges, maintains good professional relationship with clients and he possesses good communication skills. He has great ability to adjust to situations without losing his cool. He respects all colleagues and delivers good values to his subordinates. All in all a great team player and an excellent colleague to work with. Outside profession, he is a fun loving guy likes to meet and greet people and enjoys friends' gatherings. I wish Ammar all the best for his future ahead. Ex-Colleague - Rehan Aziz, Internal Controls Manager, Senior Internal Control Coordinator GCC, Lafarge Group.

Ammar is what you would call a truly professional person. I have known him for a long time during my association with Ernst & Young Pakistan. We were in the same group. Ammar was well known in the group mainly due to his intelligence, his keenness towards gaining and updating knowledge, his highly sophisticated analytical skills (also often popular among most of the Audit Managers & team members), and his ability to manage his tasks in the most efficient manner. To add further, he is a great team player with great leadership qualities and to handle pressure situations heads on with problem solving approach. All I can say about him is that as a professional candidate he is definitely the person every good organization would certainly prefer to hire / retain. Ex-Colleague - Syed Qutaiba Zamir, DM Finance at Tetley Pakistan, Lakson Group Company