Finance internal Auditor - Veryfier
Saudi Makamin Company Oil Gas Service
Total years of experience :44 years, 7 Months
Auditing invoices and finance and complince audit
MARAFIQ Internal Audit Internal Auditor May, 2004 June, 2013
POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU (MARAFIQ)
Finance & Compliance Internal Auditor
May 2004 to April 2013.
Roles & Responsibilities
Provide essential utility services - seawater cooling system, desalinated and treated water systems, sanitary and industrial wastewater systems and electric power system (presently power system at Yanbu only) to industrial, commercial and residential customers in the industrial cities of Jubail and Yanbu.
Participated in developing the Internal Audit Charter, Internal Audit Department Manual.
Prepare year end draft presentation for the Audit Committee.
Verify the accuracy of Company's internal records. Examine and evaluate firms' financial systems for individual areas, management procedures, and internal controls to ensure that records are accurate and controls are adequate. Review company operations, evaluating their efficiency, effectiveness, and compliance with corporate policies and procedures, laws, and government regulations.
Prepare audit program based on the policies and procedures.
Participated in developing the Finance Department Charter, Finance Department Manual account receivable section.
After completion of the field work discuss the observation with the concerned Department Manager and draft Management letters.
Provide assistance to Manager internal Audit for preparation of audit plan for financial related area.
Risk Management: Assist Manager Internal Audit in evaluating of ERM in financial context.
Compliance Audit: Verify the reliability of financial reporting in accordance with applicable laws and standards.
Policies & Procedures: Recommend improvements in the existing policies and procedures, if needed, in the business areas audited and follow up for implementation of recommendations. Assess controls covering a specific area of business activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality cost effective service to clients.
Safety, Quality & Environment: Assist the Supervisor and Manager of internal Audit in evaluating of the reliability of work of internal assurance provider of ISOs.
POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU (MARAFIQ)
Accountant
Roles & Responsibilities:-
Actively involved day to day activities concerning invoicing/billing and collection for proper verification (Recon Keys) . Analysis of monthly invoicing and make sure all meters are generated invoices and find out reason of extremely low bill, if any, compare to the previous months.
Propose appropriate recommendation to the next higher level in case any drawbacks or any solution required in the AR functions.
Involved the daily activities of AR organization and give proper advice to the other members of the staff, if needed.
Download electronic bank collection which was parked by the treasury, verify, edit if necessary and post to FICA
Comparison study of invoice generated between the current period and historical period. Recommendation of approval or correction to the next higher level.
Preparation of Journal entries and obtain proper approval.
Lead Sundry AR billing (other than normal billing system) and work with AR team.
Reconciliation of Accounts Receivable with revenue report break down
Aging report for Industrial customers Currently manual exercise. Development in progress through SAP report
Bank Reconciliation of collection related to Accounts Receivable only.
Actively involved any issues in related to Accounts Receivable to be resolved with a coordination of AR team
Monthly Home bank reconciliation related to SADAD collection.
Manual posting of SADAD payment collection, if any error occurred.
Daily Task:-
Create Sundry debtors customers' master data.
Create &park; sundry debtors invoice.
Checking daily collection amount by point of sale machines.
Closing daily point of sale payment lot.
Follow up installation charge from customers.
Follow up unallocated cash with banks &; allocate it.
Reconcile daily banks statement (POS)
Update Sundry debtors pay meant.
Enhancement customer charge &penalties; for customers&; non customers.
Follow up customers outstanding balance.
Preparing monthly collection report.
Preparing monthly revenue report.
Enhancement A/R reports.
Share in any new Strategy.
MARAFIQ Finance Accountant Oct20, 2002 April, 2004
Saudi Electric Company Customer Service Accountant Coordinator March, 1993 July, 2002
Saudi Electric Company
March 1993 to July 2002
Accountant
Roles & Responsibilities:-
Periodic Bank reconciliation in SAP (local and foreign currencies), obtaining outstanding items documents through Treasury Dept. and follow up with concerned Dept.,
Issuance of invoices to affiliates for packaging materials and follow up,
Preparation of Monthly Financial Reporting package and forward via e-mail to ٍSEC-Head office after review and approval by the Manger.
Preparation of schedules and coordination with external auditors for Zakat primarily and final returns.
Executing Internal Audit functions assigned by the Audit Manager.
Assist manager in yearly audit plan, preparation of the audit program based on the policies and procedure, performing audit field work, drafting audit draft report after completion of the audit, discussion of the draft report with the concerned department manager's, responsible on job training - Saudi Employee. Operational audits of the Plants with the assistance of engineering personnel and Plant manuals.
Responsible for accounting work for the period from May 2000 to May 2006. Preparing Monthly Profit & Loss account and Balance Sheets, preparing income tax and zakat returns, Bank reconciliation, preparing and issuing invoices, and reconciling suppliers accounts,
Preparing Monthly Financial Reports. Monthly reconciliation of bank accounts including foreign Currencies (in SAP), preparations of invoices and follow up, review of Project costs as and when required.
Perform Financial and Operational Audits. Audit for the New Projects - Budget vs. Actual variances and explanations. Analytical review of Income Statements. Draft Constructive Service Management letters with related Improvement and suggestions.
Executing audit plans and assigning job to junior auditors and reviewing their work.
Analytical review of the Income Statements. Drafting Financial Statements with notes and discussing them with clients.
Assigning job responsibilities to subordinate staff, approval of Day to day transactions,
Preparation of monthly as well as year-end Financial Statements.
World Company of manufacture of spare partsRiyadh, Saudi ArabiaProvide procurement and warehousing services to all Al- Aman company Affiliates (total 4 affiliates)
World Company of Manufacture of spar parts Finance Chief of Accountant Feb, 1991 Feb, 1993
Feb 1991 to Feb 1993
Chief of Accountant.
Roles & Responsibilities: -
Prepare profit and loss statements and monthly closing and cost accounting reports.
Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.
Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
Analyze and review budgets and expenditures for local, state, federal, and private funding, contracts, and grants.
Monitor and review accounting and related system reports for accuracy and completeness.
Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.
Explain billing invoices and accounting policies to staff, vendors and clients.
Resolve accounting discrepancies.
Recommend, develop and maintain financial data bases, computer software systems and manual filing systems.
Supervise the input and handling of financial data and reports for the company's automated financial systems.
Interact with internal and external auditors in completing audits.
Other duties as assigned.
ADDITIONAL RESPONSIBILITIES:-
Develop the annual operating budget and consult with departmental management on the fiscal aspects of program planning, salary recommendations, and other administrative actions.
Provide accounting policy orientation for new staff.
Saudi Electric Company: October 1980 to Jan 1991.
Accountant & Finance Internal Auditor and Coordinator.
Internal Auditor: April 1989 to January 1991
Roles &; Responsibilities:-
Verify the accuracy of Company's internal records. Examine and evaluate firms' financial systems for individual areas, management procedures, and internal controls to ensure that records are accurate and controls are adequate. Review company operations, evaluating their efficiency, effectiveness, and compliance with corporate policies and procedures, laws, and government regulations.
Prepare audit program based on the policies and procedures.
Participated in developing the Finance Department Charter, Finance Department Manual account receivable section.
After completion of the field work discuss the observation with the concerned Department Manager and draft Management letters.
Provide assistance to Manager internal Audit for preparation of audit plan for financial related area.
Risk Management: Assist Manager Internal Audit in evaluating of ERM in financial context.
Compliance Audit: Verify the reliability of financial reporting in accordance with applicable laws and standards.
Policies & Procedures: Recommend improvements in the existing policies and procedures, if needed, in the business areas audited and follow up for implementation of recommendations. Assess controls covering a specific area of business activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality cost effective service to clients.
Safety, Quality & Environment: Assist the Supervisor and Manager of internal Audit in evaluating of the reliability of work of internal assurance provider of ISOs.
Saudi Electric Company Finance Dept. Accountant Auditor Octber, 1980 Jan, 1991
Sudan * DEPARTMENT POSITION FROM TO
Finance Systems Coordinator: April 1986 to March 1989
Roles & Responsibilities:-
Systems that worked in the coordination and implementation is: -
System of accounts and general ledger.
Fixed asset system.
System accounts receivable and payable.
Other expenses system.
Shareholders system.
Payroll and Personnel.
Subscribers accounting system.
Material system.
Tasks and responsibilities summed up in the following
Request reports for systems that does not have through direct application such as a fixed asset system. to respond to questions and inquiries users of financial systems, which on how to use the systems, etc.
Attend all meetings with users to express an opinion systems accounting for suggestions and requests made of them.
Write documents related to the use of financial systems and update according to spokeswoman variables upon.
Work program tests the crisis once it is finished and before the transfer of actual use, as well as review new reports before they are converted to actual use.
Study and evaluate applications for users and systems determine their suitability and the possibility of its implementation and demonstration of how useful their desired.
Writing correspondence to other departments with respect to respond to inquiries or complete any data necessary for the implementation of the Action Plan.
Contribution a key role with regard to the development of financial systems to get the best results to its users.
To contribute to the realization of the end of the year to review the reports and make sure of the validity of acts of the end of the year as well as the production of reports for different destinations crisis before closing year-end business processes.
Ensure matching subsystems with the general ledger by reviewing extracted from these systems with reports adjust extracted from the general ledger
Accountant: January 1980 to March 1986.
Roles & Responsibilities:-
Prepare profit and loss statements and monthly closing and cost accounting reports.
Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.
Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
Analyze and review budgets and expenditures for local, state, federal, and private funding, contracts, and grants.
Monitor and review accounting and related system reports for accuracy and completeness.
Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.
Explain billing invoices and accounting policies to staff, vendors and clients.
Resolve accounting discrepancies.
Recommend, develop and maintain financial data bases, computer software systems and manual filing systems.
Supervise the input and handling of financial data and reports for the company's automated financial systems.
Interact with internal and external auditors in completing audits.
Other duties as assigned.
ADDITIONAL RESPONSIBILITIES:-
Develop the annual operating budget and consult with departmental management on the fiscal aspects of program planning, salary recommendations, and other administrative actions.
Provide accounting policy orientation for new staff.
CERTIFIED ACCOUNTANTS, SUDAN: Audit field work Experience in Government Organizations, Public Companies, Partnership Companies, Sole Proprietors and Joint Venture companies with Foreign Partners in Sudan.
Experience in Public Office of the Auditor General.
Finance Auditor: June 1979 to July 1980
Board Republic of Sudan General General Auditor June, 1979 July, 1980
* Copies of Certificates and other documents can be provided if requested by the firm, or Originals will be submitted for review during the interview.
Government Auditor for Ministries and government departments and Public institutions In Sudan from June 1979 to July 1980.
Roles & Responsibilities:-
Verify the accuracy of Ministries and government departments and Public institutions internal records.
Examine and evaluate firms' financial systems for individual areas, management procedures, and internal controls to ensure that records are accurate and controls are adequate. Review company operations, evaluating their efficiency, effectiveness, and compliance with corporate policies and procedures, laws, and government regulations.
Prepare audit program based on the policies and procedures.
Participated in developing the Finance Department Charter, Finance Department Manual account receivable section.
After completion of the field work discuss the observation with the concerned Department Manager and draft Management letters.
Provide assistance to Manager internal Audit for preparation of audit plan for financial related area.
Risk Management: -
Assist Manager Internal Audit in evaluating of ERM in financial context.
Verify the reliability of financial reporting in accordance with applicable laws and standards.
Recommend improvements in the existing policies and procedures, if needed, in the business areas audited and follow up for implementation of recommendations. Assess controls covering a specific area of business activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality cost effective service to clients.
Assist the Supervisor and Manager of internal Audit in evaluating of the reliability of work of internal assurance provider of ISOs.
OVER ALL DUTIES PERFORMED: (both at Saudi Arabia and at Sudan): -
Preparing Monthly Financial Reports. Monthly reconciliation of bank accounts including foreign Currencies (in SAP), preparations of invoices and follow up, review of Project costs as and when required.
Perform Financial and Operational Audits. Audit for the New Projects - Budget vs. Actual variances and explanations. Analytical review of Income Statements. Draft Constructive Service Management letters with related Improvement and suggestions.
Executing audit plans and assigning job to junior auditors and reviewing their work.
Analytical review of the Income Statements. Drafting Financial Statements with notes and discussing them with clients.
Assigning job responsibilities to subordinate staff, approval of Day to day transactions,
preparation of monthly as well as year-end Financial Statements.
Graduate - April 1979 Bachelor Degree Major in Accounting. Cairo Khartoum branch University. Skills and areas of effeteness: - Good dealing with computer ( Windows finance and account system) Dealing with Microsoft office software. Internet application. SAP working knowledge and experience. Ability to work for long hours and stressful environments. Commissioning work from both in house personnel and external contractors. Working closely with all levels of management, and staff users. Saudi iqama continues validity. I have a Saudi driving license.