Summary
Overview
Work History
Education
Skills
Accomplishments
Soft Skills
Tools
Timeline
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Shabbir Hussain

Shabbir Hussain

Pune

Summary

Chartered Accountant with over 7 years of experience in financial statement audits, risk assessment, and internal controls for Manufacturing and Financial Service sectors. Proven ability to deliver results within tight deadlines, maintaining high attention to detail. Expertise in financial statement analysis and complex accounting reviews, contributing to organizational growth and efficiency.

Overview

7
7
years of professional experience

Work History

Audit Senior

Deloitte & Touché AERS India Pvt. Ltd.
09.2020 - Current
  • Reviewed financial statements for external reporting, aligning with GAAP/IFRS standards enhancing compliance and audit quality.
  • Managed audit collaboration for financial statement group audit of private equity client with over $100 billion in AUM.
  • Led and delivered audit for newly registered Broker Dealer at 50% margin.
  • Led the automation of Carried Interest testing, resulting in 70% testing efficiency, improving the margin to 65%.
  • Conducted comprehensive risk assessments, SAP, test of details, sensitivity analysis and journal entry testing on balance sheet and income statement accounts for both PCAOB and AICPA engagements.
  • Improved internal controls documentation and ensured SOX compliance, conducted root-cause analysis and suggested solutions for identified deficiencies.
  • Evaluated design and effectiveness of entity and process-level internal controls, review of SOX compliance, COSO framework, and development of internal processes.
  • Reviewed annual SOX program scope and identified areas for control rationalization, enhancement, and testing approach changes.
  • Supervised and trained new hires and over 7 team members on various audit processes, tools and technologies, both live and virtually.
  • Demonstrated commitment to professional ethics, integrity, and confidentiality.

Audit & Accounts Associate

Dilip Kothari & Co.
11.2017 - 04.2019
  • Led the internal audit for a manufacturing company. Performed inventory valuation, physical inventory count, WIP, and Bills of Materials changes in the production process.
  • Evaluated revenue recognition processes in accordance with AS 9
  • Assisted with the implementation and continuous evaluation of the Internal Audit methodology and standards.
  • Participated in the execution of enterprise risk assessments and development of the Internal Audit plan.
  • Evaluated cost accounting procedures to verify accuracy and compliance with manufacturing industry standards.
  • Audited supply chain processes to identify risks and recommend improvements.
  • Assisted with setting up and operationalizing the Enterprise Risk Management (ERM) program.
  • Tested internal controls around quality assurance records, revenue recognition, fixed asset management, cost management, supply chain management, and overhead allocation.
  • Preparation and finalization of annual accounts and Financial Statements of several private limited entities.
  • Ensured compliance with excise duty & VAT (now GST) regulations.

Education

Chartered Accountant -

ICAI
New Delhi, India
01-2019

ACCA - Prof. Level

ACCA
UK
01-2019

B. Com - Accounting And Statistics

MLSU
Rajasthan, India
05-2016

Skills

  • Manufacturing and Financial Service Audits
  • Internal Controls Evaluation
  • GAAP compliance
  • Risk Management
  • SOX compliance
  • Regulatory compliance (SEC, FINRA, US GAAP, etc)
  • Account reconciliation and variance analysis
  • Revenue risk and fraud assessment

Accomplishments

  • Deloitte Omnia Ambassador - Nominated by leadership as the Deloitte Omnia Ambassador for carrying out transition of audits to the cloud-based audit platform, and addressing users' queries.
  • Received multiple performance linked awards at Deloitte for work on various clients, including PCAOB and AICPA clients.
  • Organizer and facilitator for Deloitte Office Level and Investment Management specific trainings.

Soft Skills

  • Public Speaking
  • Training Facilitation
  • Strategic Thinking
  • Client collaboration
  • Oral and written communication
  • Team management

Tools

  • Microsoft Office Suite (Excel, PowerPoint, Visio, Word)
  • Visualization Tools (Tableau, Power BI)
  • ACL Win
  • Kanban dashboards
  • Deloitte Omnia

Timeline

Audit Senior

Deloitte & Touché AERS India Pvt. Ltd.
09.2020 - Current

Audit & Accounts Associate

Dilip Kothari & Co.
11.2017 - 04.2019

Chartered Accountant -

ICAI

ACCA - Prof. Level

ACCA

B. Com - Accounting And Statistics

MLSU

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Shabbir Hussain