Shaheed Abdul
Senior Consultant, Audit
Hamilton,Pembroke
Summary
Dedicated and experienced Qualified Accountant with a strong passion for the re/insurance industry . Proven track record in financial statement analysis, risk evaluation, and cross-functional leadership. Expertise in re/insurance financial reporting for both life and non-life companies, with a fundamental understanding of CAT modeling tools, various Microsoft Suite tools, and regulatory compliance. Detail-oriented team player with strong organizational skills, capable of handling multiple projects simultaneously with a high degree of accuracy.
Overview
8
8
years of professional experience
3
3
years of post-secondary education
4
4
Certificates
2
2
Languages
Work History
Audit Senior
KPMG Bermuda
Hamilton
09.2022 - Current
- Compliance and Operational Excellence: Ensured compliance and operational excellence within the re/insurance sector by analyzing financial statements and implementing robust internal control frameworks, leading to a 20% reduction in audit findings over the past years
- Leadership and Collaboration: Led cross-functional teams, including tax, audit, and actuarial teams, fostering collaboration, and developing strategic recommendations that resulted in an increase in client satisfaction and effective risk mitigation
- Regulatory Guidance: Guided regulatory compliance efforts, maintaining transparency and integrity and successfully leading the completion of 10+ regulatory audits with zero instances of non-compliance and ensuring robust risk management policies are maintained
- Risk Assessment Expertise: Obtained a fundamental understanding and application of CAT modeling tools such as RMS and AIR to navigate complex risk assessments within reinsurance audit procedures, contributing to data-driven decision-making and reducing overall audit work while enhancing quality and efficiency
- Data Visualization and Communication: Utilized Power BI skills to transform complex data into insightful visualizations, enhancing communication across diverse teams and reducing reporting time
- Industry Innovation: Stayed at the forefront of emerging trends, providing innovative insights and solutions to the re/insurance industry, resulting in the implementation of three new efficiency-boosting processes over the past years.
Audit Senior
KPMG East Africa
Kampala
08.2015 - 09.2022
- Promoted to Manager but did not serve in the position), Lead Comprehensive Audits: Oversaw end-to-end audit engagements for banking and diverse financial services clients, ensuring adherence to applicable accounting and auditing standards such as IFRS and GAAP
- Successfully executed 10+ audits per year, resulting in an average 20% reduction in identified discrepancies upon final review
- Risk Management and Compliance: Strategically managed financial risks by evaluating internal controls, conducting risk assessments, and executing compliance audits
- Reduced non-compliance instances by 30% through effective control enhancement strategies in high-risk areas
- Standard Integration and Transitions: Spearheaded implementation of significant accounting standards such as IFRS 9, IFRS 15, and IFRS 17 into client financial systems
- Facilitated smooth transitions for several organizations from accrual/cash-based accounting to IPSAS, resulting in streamlined reporting processes and a reduction in reporting errors
- Effective Client Relations: Served as the primary client coordinator, cultivating strong relationships and aligning audit strategies with client objectives
- Managed a portfolio of 10+ clients, achieving a 95% satisfaction rate based on post-audit feedback and recurring business engagements
- Mentorship and Growth: Displayed a detail-oriented approach and excellent communication skills while leading audit teams
- Mentored more than 20 junior auditors, resulting in enhanced skills development, increased accuracy, and a 25% reduction in time spent on task review
- Collaborated with peers to identify and implement innovative audit techniques, contributing to an increase in audit efficiency and quality.
Education
Bachelor of Arts - International Business
Makerere University
Kampala, Uganda 08.2011 - 01.2015
Skills
Re/insuranceundefined
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
The way to get started is to quit talking and begin doing.
Walt Disney
Timeline
Associate in Risk Management
08-2023
Associate in Insurance
07-2023
Associate in Reinsurance
06-2023
Audit Senior
KPMG Bermuda
09.2022 - Current
Association of Chartered Certified Accountants
12-2021
Audit Senior
KPMG East Africa
08.2015 - 09.2022
Bachelor of Arts - International Business
Makerere University
08.2011 - 01.2015
Certification
Association of Chartered Certified Accountants
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