Assistant Vice President Internal Audit
Amlak Finance PJSC
Total years of experience :23 years, 10 Months
Highlights
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• Played key role in setting up the risk management committee, implementing risk management functions
• Functioned as Secretary to the Risk Management Committee enabling smooth functioning of day to day operations
Responsibilities
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• Spearheading Internal Audit and Risk Management Operations for the organization, a leading Islamic finance company in Dubai, UAE and reporting to the Audit Committee and CEO
• Involved in management/ implementation of audit projects related to mortgage finance (credit initiation, underwriting etc.), back office operations, information technology, investment property, investments, finance processes etc
• Assisting the Audit Committee in management of day to day business operations
• Defining/ implementing annual risk based internal audit plans in coordination with the audit team
• Functioning as Observer Member in Senior Management Committees and rendering consultancy to the management based on requirements
• Involved in identification of business risks, review/ audit testing of internal process controls and systems to enhance operational efficiency
• Collaborating with the internal audit team in management of multiple assignments and with audit clients to ensure compliance to delivery schedules/ other SLA parameters
• Evaluating audit reports, finalize draft findings and improvement recommendations with the management
• Setting up strategic partnership with big four audit firms for outsourcing of internal audits management encompassing planning, implementation/ review of assignments and following up for implementation
• Interacting with external auditors and external regulators for implementation of recommendations
Responsibilities
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• Deputed as Audit Senior at KPMG Dubai in 2005
• Functioned as Team Leader catering to clients like:
• Aramex LLC branch of Aramex Jordan - Courier, postal and express services providers in the Middle Eastern Countries
• Arabian Gulf Mechanical Center LLC (AGMC) - Agency of BMW in UAE and part of Al Bhata Group dealing in automobiles and related BMW products
• AL Gurg Building Services (AGBS) - Company of Essa Saleeh Al Gurg group dealing iron and steel used in construction of buildings
• Pharmatrade Group including subsidiaries Hospitech FZE, Symed LLC and Pharmaserve FZE - Provide hospital/ medical service and function as regional stockist/ agents of international pharmaceuticals for the Gulf Region
• Emirates District Cooling Company - A subsidiary of Emirates Group providing services to a district society situated in Dubai Investment Park (DIP)
• TEAM TOPAZ - A subsidiary in the UAE involve in water transportation services and a shipping company providing repairing services to the shipping companies
• Afridi and Angle - A professional firm providing legal and consultancy services
Highlights:
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• Assisted the Manager - Payroll & Taxation during deputation at ICI Pakistan Limited for 5 months
Responsibilities
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• Conducted audit of annual financial statements of multinational/ local clients across Pakistan and United Arab Emirate (UAE), while working with the audit assurance and tax advisory sections of Taseer Hadi Khalid & Co. Chartered Accountants and KPMG-UAE Chartered Accountants
• Worked on various assignments on assurance, management and taxation advisory services of KPMG encompassing statutory audits, interim reviews, other legislative certifications including due diligence assignments of manufacturing concerns and services sector enterprises
• Ensured compliance to international audit standards and local statutes in conducting statutory audits for clients
• Implemented International Financial Reporting Standards (IFRS) and generally accepted accounting practices with regards to day to day audit operations
• Rendered consultancy to clients on various accounting, corporate and financial issues including assisting clients in preparation of financial statements in compliance to statutory requirements
• Managed foreign reporting based on Group Audit Instructions
• Worked on Internal Audits, Internal Controls Reviews and Special Audits pertaining to terms of engagement
• Enhanced client satisfaction through prompt resolution of issues and qualitative service delivery
• Identified/ implemented various value additions
• Focused on tax compliance, consultancy and advisory services encompassing audit related tax work, tax compliance and consulting services
• Involved in review of accounts from tax perspective including deferred taxation
• Acquainted local and multinational clients on audit/ resolution of related tax issues