Manager Internal Audit
Arabian Centres Company Limited (Fawaz Alhokair Group)
Total years of experience :18 years, 0 months
An independent, objective assurance and consulting activity to add value and improve organization's operations. Helping organization to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Responsible for company's Accounting and Finance matters.
Managing managerial and financial accounting matters (esp. of independent project named DHA City) and consolidation of 31 units of DHA and reporting to Director Finance on issues arising
Managing preparation of employee benefits records and disclosure in close coordination with actuary
Heading treasury department and suggesting courses of action to Investment Committee.
Overseeing rental of organization’s properties and all Taxation matters
Preparation of Audit committee and BoD presentations and corresponding minutes
Acting as a lead coordinator in fixed assets management assignment
Preparation of annual budgets and quarterly forecasts
Working and coordinating with the Auditors, to help with the production of statutory accounts and answering any audit queries
Developing management mechanism in the finance department for minimizing the financial risks and developing and revising SOPs
Acting as a coordinator of Oracle Financials implementation committee
Overall planning of audits, meetings with clients to understand their expectations and designing audit strategies after assessing the audit risk associated with the client.
Managing, coaching and supervising staff, performing evaluations and motivating individuals to achieve optimum efficiency.
Finalization of audits and advisory engagements and other certification assignments.
Timely preparation of deliverables including Financial Statements and Management Reports and communication to Board of Directors and Senior Management.
Managing client relationships and ensuring quality of service provided.
Summarizing and documentation of audit issues for the perusal of engagement partner.
Managing special assignments such as detailed reviews of operational and internal control systems, assignments based on agreed upon procedures and compliance engagements.
Advisory services to the clients on application of various accounting, corporate, financial and other pronouncements, providing re-engineering solutions for processes with respect to 3Es (Efficiency, Effectiveness and Economy) and conducting advisory engagements related to Business Process and Controls Review.
Assessing the functions of governance, risk management and controls in case of internal audit engagements.
Direction, supervision and review of audit work in the light of International Financial Reporting Standards, other technical standards and local laws and regulations as applicable.
Participating in close out meetings with client for resolution of audit issues.
Certified Information Systems Auditor (CISA), United States (Exams passed)
Qualified Chartered Accountant (CA)
Certified Internal Auditor (CIA)
Associate Public Accountant (APA)
Bachelors of Commerce (B.com)