Internal Audit Financial Manager (Full Time Employed)
Central Madeirense, C.A.
Total years of experience :24 years, 1 month
Developed the internal audit activity charter and the audit committee charter.
Developed audit objectives and goals consistent with the internal audit activity charter.
Wrote policies and procedures to guide the internal audit activity.
Created and implemented the risk-based annual plan of the internal audit activity.
Manage the internal audit activity to ensure it adds value to the organization and that the work made is in compliance with the International Standards for the Professional Practices of the internal Auditing emitted by The Institute of Internal Auditors (www.theiia.org).
Established audit engagements and engagement work programs including objectives, scope, timing and resource allocation; Established audit work schedules; staffing plans; financial budgets and activity reports of the internal audit activity.
Identify, evaluate and contribute to the improvement of risk management, control and governance processes, using a systematic approach, where I identify risk exposure, evaluate effectiveness of internal controls, and make recommendations to improve governance processes to achieve the organization´s objectives.
Evaluate internal control system based on the COSO (The Committee of Sponsoring Organizations of the Tread Way Commission) model or framework.
Identify and evaluate the different fraud scenes that apply to the organization and report recommendations to reduce exposure based on the proposed methodology by The Association of Certified Fraud Examiners (www.acfe.com).
Report the result of the audit engagements including findings, conclusions, recommendations an action plans to the Chief Audit Executive and Management.
I established a follow up process over management actions solve the issues or deficiencies reported.
Engaged fieldwork, testing, interviewing organization employee's and collecting and recording relevant evidence and information.
Maintaining appropriate working relationships with organization's employees.
Set up an Internal Audit Shop.
Wrote policies and procedures to guide the internal audit activity.
Created and implemented the risk-based annual plan of the internal audit activity.
Established audit engagements and engagement work programs including objectives, scope, timing and resource allocation; Established audit work schedules; staffing plans; financial budgets and activity reports of the internal audit activity.
Identify, evaluate and contribute to the improvement of risk management, control and governance processes, using a systematic approach, where I identify risk exposure, evaluate effectiveness of internal controls, and make recomendations to improve governance processes to achieve the organization´s objetives.
Evaluate internal control system based on the COSO (The Committee of Sponsoring Organizations of the Treadway Commission) model or framework.
Identify and evaluate the different fraud scenes that apply to the organization and report recommendations to reduce exposure based on the proposed methodology by The Association of Certified Fraud Examiners (www.acfe.com).
Report the result of the audit engagements including findings, conclusions, recommendations an action plans to the Audit Committee, Board of Directors and Management.
I established a monitor process in order to follow up and ensure that management actions solve the issues or deficiencies reported.
I work in consulting projects for Management helping and supporting them in the creation and implementation of new policies and procedures for the Organization. And in evaluating the compliance with these policies and procedures.
Engage fieldwork, testing, interviewing organization employee’s and collecting and recording relevant evidence and information.
Advised Management on related Accounting Procedure’s and Risk Management Process.
Supporting and advising : Audit Process; Investigation, Occupational Fraud Detection, etc
Reviewed and applied internal controls over Finance Department, specifically in account payables and receivables account.
Analyzed and recorded expenses and costs in journal entries for updating the General Ledger of SAP R/3 accounting information system.
Controlled the operating activities of the payroll, done the calculations of payroll, included the payments to the employees, done the journal voucher entry transactions, done the processing and posting of the journal vouchers entry transactions, adjustments, reversals and corrections, for updating general ledger, of payroll, severance and cost of employment.
Controlled and posted journal voucher entries for refunding of petty cash´s transactions in the SAP R/3.
Reviewed and followed the different finance process asked by the Finance Director and the Head Offshore Reporting Office. And took care of the requirements of them.
Controlled the account payables process, and journal voucher entries of the account payable module in SAP R/3. Prepared and reviewed payments.
Controlled the logistic process of importing the products for our customer, and delivered to them. And helped and supported Customers through the Client Representative of the Organization.
Analyzed customer account statements in order to notify delays in collecting process in order to improve index DSO (Days Sales Oustanding). Contacted customers through letters, calls and emails in order to improve the collecting.
Controlled and reviewed the invoicing process, and coordinated the logistic of delivering invoice and credit note form´s in hands of customers. Controlled the Sales and logistic module in SAP R/3.
Petty cash holder, process all the journal entries transactions, reimbursements, plus the custody of Petty Cash.
Controlled and reviewed the legal and mandatory requirements of invoicing and taxes.
Created administrative procedures and internal controls.
Process the journal voucher entries of transactions in the EPICOR accounting system.
Account balance analysis.
Controlled the calculation, journal entries of general accounting transactions and the payments of municipal and national taxes.
Prepared presentations of vat taxes and withholding income taxes.
Prepared financial statements according to Venezuelan gaap´s.
Reported information to the General Manager, about financial statements and disclosure
Prepared the journal voucher entry process for expenses, prepaid assets and liabilities.
Prepared payments for vendors and payment planning.
Prepared Cash Flow, and Bank Liquidity.
Done general procurement and purchasing process.
Calculated and prepared Vat, withholding Income tax and Vat declarations to the tax authorities. Prepared and posted journal voucher entries.
Controlled correspondence to banks.
Petty cash holder, process all the journal entries transactions, plus the custody of Petty Cash.
Controlled Master data of Vendors.
Supervised 4 assistants.
Supervised the journal entry process of updating general ledger of expenses, costs, prepaid assets, fixed assets.
Followed standard procedures and policies applied for account payable.
Prepared payments for vendors and payment planning.
Prepared Cash Flow, and Bank Liquidity.
Controlled the main cash and the counters.
Calculated and prepared Vat, withholding Income tax and Vat declarations to the tax authorities. Prepared and posted journal voucher entries.
Controlled correspondence to banks.
Petty cash holder, process all the journal entries transactions, plus the custody of Petty Cash in dollar and bolivar (local) currency
Prepared and implemented some engagements of external auditing of assets, liabilities, outcomes and incomes.
Applied testing procedures according to Venezuelan auditing principles.
Prepared work programs and documented findings.
Reported to manager and senior of auditing.
Applied some test of controls and substantive test.
Prepared Internal Control reports of findings and recommendations.
Applied analytical tests of index and ratios.
Helped and supported manager and audit leader to prepared financial statements and auditors opinion.
Audited that the financial statements were according to the Ven GAAP´s.