Khurram Arshad

• Develop detective, preventative, and corrective controls in conjunction with business process owners, such as business process redesign, rules, procedures, documentation, evidence review, and system improvements.
• Assess testing results, utilize professional judgment, identify trends and themes, and assess process and control owner corrective action plans for adequacy and efficiency
• Evaluates and coordinates project logistics, cost estimation (pipelines), cost and schedule management, risk management, change management, earned value progressing, and forecasting with the subproject chief.
• Prepare management reports on project progress, remediation, and other issues as needed.

• successfully established a new cost and budget department
• creating a thorough budget that accounts for all necessary costs, such as those related to labor, overhead, marketing, administration etc.
• Budget alignment with corporate objectives and the provision of a clear financial roadmap.
• Regularly analyze costs to identify areas where expenses can be reduced without compromising quality . This includes recipe controls, measuring invisible losses.
• analyze historical data to track and locate irrecoverable losses
• To prevent unforeseen costs, put in place efficient cost-control procedures such as portion control, waste management techniques, and energy-efficiency audit & monitoring.
• To spot any budgetary discrepancies, keep a close eye on the financial accounts, cash flow, and profit margins. To evaluate performance, make required modifications, and formulate future plans, conduct in-depth financial assessments.
• constantly keeping an eye on, analyzing, and adapting to market situations to maintain a competitive and financially viable business, keep up with market developments and regulatory changes.
• successfully design, create an enterprise resource planning system, and synchronize other subsidiary businesses of the organization with its department coordination.

• Oversee the internal audit function, manage a team of auditors, and ensuring adherence to professional standards, company policies, and regulatory requirements.
• Develop and execute risk-based audit plans, including financial, operational, and compliance audits, to identify control weaknesses and recommend improvements.
• Conduct thorough assessments of business processes, systems, and controls to evaluate their effectiveness and efficiency.
• Prepare audit reports and present findings, recommendations, and action plans to senior management and key stakeholders.
• Collaborate with cross-functional teams to implement process improvements, internal controls, and risk mitigation strategies.
• Lead cost analysis initiatives, including budgeting, forecasting, variance analysis, and cost optimization projects.
• Develop and maintain costing models to analyze product costs, pricing strategies, and profitability.
• Provide financial insights and support to senior management in decision-making processes, including new product development, pricing decisions, and cost reduction strategies.
• Stay updated on industry trends, best practices, and regulatory changes to ensure compliance and continuous improvement of audit and costing processes.

• To ensure the accuracy of stock levels, conduct routine physical inventory counts.
• Implement and maintain efficient inventory management techniques.
• Finding slow-moving or out-of-date things and suggesting corrective actions
• Handle stock transfers between stores and maintain proper documentation.
• Inbound shipments are received, inspected, and processed while quantity and quality are checked.
• Keep meticulous records of all stock movements, sales, raw material issuance, work in progress, and draft yields on a weekly and monthly basis.
• Prepare regular reports on inventory levels, stock movements, and any discrepancies.
• Maintain accurate records of purchase orders, delivery notes, raw materials, and invoices.
• Assist top management with decision-making by creating reports on inventory and analyzing them to find trends.
• Assist in preparing budgets and forecasts related to inventory and store operations.

carried out numerous small audit activities across a variety of sectors, including physical stock taking, cash report audits, bank reconciliations, quantitative reconciliations, andstore and inventory audits reported Vs physical.