Assistant Audit Manager
Investment and Development Office [Government of RAK]
Total years of experience :15 years, 9 Months
Improve results by determining the internal audit scope and developing annual plans based on the results of the risk assessment of the entities.
Conducting an understanding of the entity business, history, operations and financials with the entity's management and process owners.
Responsible for development of audit procedures, objectives and designing and implementing audit methodologies, processes and audit report criteria.
Identification of all processes and accounts where high dose of attention will be given and allocate them accordingly among the audit team.
Minimize risk exposure by applying strong control acumen in the full audit cycle of operations to preserve effectiveness, financial reliability and compliance with all applicable directives and regulations.
Supervise the team in the audit assignment and engaged in situations for problem solving and meeting with management.
Engaged in examination, verification, evaluation and reporting on financial, operational and managerial significant processes, system and outcomes to ensure financial and operational integrity and compliance.
Evaluating the cost effectiveness and risks of operational processes, activities, policies and systems.
Increase transparency into current positioning by preparing and presenting reports to the entity's management and board of directors that highlight audit results while serving as an objective source of independent advice.
Deliver all allocated audit projects on time by managing the scope of deliverable and deviations from targets while maintaining communication with management and audit chair.
Analyse and discuss the management responses on the findings and recommendations in the audit report.
Champion corporate change initiatives by conducting follow up audits to monitor management’s interventions on the recommendations agreed.
Report the recommendations implementation status to management and board of directors.
Conduct special investigations and assignments as instructed from the board of directors and shareholders.
Planning and performing statutory audits in accordance with the International Financial Reporting Standards (IFRS), the International Standards in Auditing (ISA) and the relevant statutory requirements applicable to the organization for
various listed and non-listed companies.
Providing value added services to audit clients by advising them on improving their internal control systems through identifying areas of risks and
recommending strategies for reducing risks through preparation of Internal Control Memorandums.
Analyzing the external and internal business environment. Assessing the business risks, ensuring adequate business risk management activities and compliance to policies and procedures and perform audit procedures on critical areas.
Improve employee integration by supervising and mentoring junior staff to achieve performance goals.
Prioritized workload to meet tight deadlines and challenging targets by encouraging the team to increase communication of current project status.
Establishing good relationship with the client’s management and assisting the firm in promoting client relations.
Contents: Business and strategic analysis Financial accounting and reporting U.S Regulation and Tax External and internal audit Business performance evaluation and costing
U.S. Certified Public Accoutant (CPA ) -2012