Internal Audit Director
Riyad Bank
Total years of experience :18 years, 3 months
Company industry: Banking
Tasks and duties:
•Coordination and execution of key quality assurance reviews, including providing major input to planning and testing, as well as identification, development and documentation of exceptions related to quality assurance reviews
•Revisit and update internal audit framework and audit charter in accordance with the IIA standards and regulations
•Ensure that regulatory required review and ad-hoc investigations are completed as per audit framework and within the timeframe.
•Ensure that audit universe risk assessments are prepared for all areas of the bank
•Monitor the audit report-sharing process between audit clients and the internal audit team
•Develop a variety of tools and checklists to facilitate engagement supervision and ongoing monitoring activities;
•Provide training and coaching to audit team members during quality assurance reviews as applicable
•Prepare quarter reports to audit committee and update them on quality assurance aspects
Company industry: Banking.
Tasks and duties:
•Participate in Preparation and monitoring the implementation of risk based audit plan.
•Create the scope and objectives of internal audit projects; perform risk assessment and developing project’s audit plan.
•Assign projects and time budgets to junior staff based on their skillsets and experience;
•Monitor and ensure the smooth conduct of the audit engagement
•Developing testing methodologies to evaluate the adequacy of controls
•Ensure that assignments are completed within the allocated time budget;
•Keeping track of the time spent on each assignment and taking appropriate action on any delays in a timely manner
•Train and supervise staff to maintain a high level of competence and professionalism.
•Produce high quality constructive audit reports, for senior management.
Company industry: Banking.
Tasks and duties:
•Participate in preparing internal audit annual plan based on the risk based approach risk.
•Draft preliminary audit requirements & engagement letter and send it to head of audited Department.
•Initiate and design internal audit assessment and inspection for each internal audit task.
•Review internal control framework to identify major control weakness areas.
•Draft reports for each task performed and propose recommendations to tackle the identified gaps.
•Ensure the efficient and effective of recommend control to enhance highlighted deficiency areas.
•Ensure that all policies and procedures are up to date and implemented as designed by management.
•Ensure that bank’s assets are well protected and bank reports are accurate.
Company industry: Professional services; Audit, Tax and Advisory.
Tasks and duties:
•Auditing of the interim & annual financial statements for group of clients in more than a field.
•Conducting the proof reading and proof wording of audit reports.
•Conducting the physical count of cash and inventory based on sample basis.
•Performing the fixed assets tagging to prepare for registering.
•Share in performing audit planning, risk identification and assessment, analytical procedures.
Audit Experience (Industries):
•Banking: (Cham Bank, Al-Baraka Bank).
•Insurance: (Trust Syria).
•Real Estate: (Emaar Syria).
•Hotels: (Cham Hotel, Sheraton Aleppo, Bilad Al-Cham Hotels).
•Trading, Manufacturing and Retail: (Toyota Syria branch, Nahhas Group, Tartous International Container Terminal, Mas Group).
Company industry: Food Distribution.
Tasks and duties:
•Participate in preparing company financial statements (income statement).
•Conduct branches audit and draft the required reports.
•Prepare purchases order (PO)
•Preform bank reconciliation and follow up with bank about LCs.
•Prepare employees payroll (tax schedule, insurance schedule, salaries schedule).
•Calculation of company fixed assets’ depreciation.
•Branches visits and reviews with the intent of to review their compliance with policy is followed well.
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