Risk and Corporate Governance Manager
Agthia Group PJSC
مجموع سنوات الخبرة :12 سنة, 0 شهر
Key responsibilities:
• Enterprise Risk Management:
- Remodeled the Group’s Risk Appetite Statement specifying 25 risk parameters, securing approval from the Group’s Executive Committee and the Board of Directors
- Implemented COSO ERM Framework 2017, identifying ~140 key business risks and associated quantitative key risk indicators (KRIs) for UAE and international subsidiaries; presenting quarterly updates to the Board Audit Committee highlighting forward looking risk trends
- Functionally reporting to the Audit Committee and direct reporting to group CEO.
• Corporate Governance:
- Developed and implemented the Corporate Governance Manual to ensure compliance with SCA’s Resolution 3 of 2020
- Responsible for the Group’s annual Corporate Governance report as per regulatory requirements
- Prepare Board induction pack for onboarding new Board members presenting a comprehensive overview of the Group’s strategy and its business operations
- Agthia Group was awarded the Best Corporate Governance Award in three years in a row by CFI and in two years (2018, 2020) by Ethical Board as an acknowledgment of strong governance principles
• Internal Controls:
- Led enhancement of Group’s Delegation of Authority (DoA) by delegating 80% low-risk/low-value transactions to middle management and 20% high-risk/high-value transactions to senior and executive management
- Championed adoption of ADAA Resolution 1 (Internal Controls over Financial Reporting) across nine subsidiaries of the Group remediating material weaknesses and securing a clean audit opinion on management of financial reporting risks
- Review, co-develop and track renewal of group policies and procedures through implementation of internal controls and standardizing business processes across business units.
- Oversaw post-acquisition integration of Governance, Risk Management, policies and procedures at 5 acquired entities in Middle East region
- Overseen closure of 300+ open internal audit observations by designing guidelines and procedures to address internal control weaknesses
- End to end implementation of SAP GRC Access control module (SAP S/4HANA) to control user access rights entailing 250 system profiles for 1200 users to ensure Segregation of duties.
• Implemented Fraud Risk Management process at the Group and identified fraud scenarios for Supply Chain, Procurement, Sales and Finance functions
• Lead team to successfully implement Business Continuity Management to ensure compliance with Federal Standard AE/HSC/NCEMA 7000:2012.
• Process improvement: Reduced supplier payment days from 92 to 58 by eliminating process bottlenecks resulting in retention of key suppliers and improved supplier satisfaction
• Implemented VAT and Excise Tax in UAE, KSA and Oman entities of the Group updating systems achieving full regulatory compliance without increasing FTE costs and avoiding defaults and penalties
• Joined as an Analyst and was promoted to Manager in a short time of 18 months. Consistently received an outstanding performance rating each year at Agthia
• Won annual award for co-developing the Group’s New Product Development pipeline management procedures and mandates for Innovation Committees
• Secretary of Conduct and Value Committee to drive the Whistle blower process at the Group level.
• Member of Insider trading Management Committee to facilitate to oversee insiders' trading.
Mumbai - India
Worked on Enterprise Risk Management, Internal Audits Process reviews, SOX Compliance, and Gap assessments across the telecom industry and other sectors such as education, manufacturing and power.
Strengths include team management, planning, data analysis and effective communication among others.
• Extensive experience with Payroll, Fixed Assets, Order to cash, Procurement, Revenue and Billing.
• Individually managed international clients in EY (Hyd) and contributed to process improvements
• Led teams at client projects, ensuring success through strong communication & stakeholder management skills.
Projects Undertaken:
-Internal Audit: Planned, delivered & closed audits and also developed risk & control matrix. Fixed assets review for a power company in Hyd. Payroll review of a leading international business (MBA) school. Team leader role in a revenue & content management review for a leading VAS operator. Reviewed the service and network domain for an operator in South Africa
-SOX testing: Lead a team of 3 in EY(Mumbai). Internal control testing, identify design gaps/key deficiencies and determine the remediation plan in core areas of pricing, billing and rating for a wholesale operator.
-Enterprise Risk Management: Enabled a manufacturing enterprise (Rs. 1000 Cr turn over) to set up the risk registers and conducted risk assessment.
-Process compliance: Review of networks & sales domain for a largest telecommunications service provider in India- compliance to process and ascertain operative effectiveness of internal controls across seven states.
-Standard operating procedures: Benchmark and design process flows for customer service delivery for an operator
•Client appreciation shared with CEO - EY India, as sole consultant assisting a green field operator
• Received Kudos individual award for exemplary work
•Pre-placement offer for excellent performance during internship in EY, summer of 2011
•As a member of the placement committe, was responsible for managing placement process for a batch of 120 students & guest lectures •Coordinator (A team of eleven members) for Corporate Interaction Program at SITM •Event Coordinator for Conexion’11- Management Conclave at SITM
•WIE (IEEE) Representative of Hub3 comprising of 2 districts, 2009 •Won 1st & 2nd position for theme shows at multiple national level fests at NIT Calicut, 2008 •Won Exemplary IEEE Student Branch Exhibition award at Asia-Pacific level •Was amongst 5(out of 500) students selected to attend the National Level Young Achievers Program held at IBS, Hyderabad
