Abdulhakim Jarrar

• Prepare audit planning and pre engagement working papers.
• Carry out process understanding, prepare risk and control assessment and prepare audit programs.
• Conduct field work and testing.
• Conduct exit meetings with the auditees to discuss the observations.
• Meetings with management to discuss audit observations and related risks.
• Follow up on previously raised audit observations and ensure adequate rectification is implemented
• Prepare audit reports & executive summaries that are presented to audit committee and senior management
• Ensuring group policies and procedures are properly implemented and updated if required
• Assessing the various risk associated with the group business (including subsidiaries) and identifying the proper control to avoid these risks.
• Evaluate the adequacy of internal controls and the possible means of improving them.
• Meetings with management to discuss audit observations and related risks.
• Conducted Internal Quality Assessments as per IIA's Quality Assurance and Improvement Program.
• Execute special assignments requested by senior management and Audit committee.
• Conduct a follow up assignments on the status and implementation of the recommendation identified in the final report.

finance result review and budget controls.

Key responsibilities:

Special assignments:

• Implementation of ERP (purchases, AP, AR, Fixed asset, etc.) overall group (parent and subsidiaries)
• Risk identification of ERP modules in all departments, (control deficiencies, risk and control improvement)
• Implantation of IFRS over the group financial reporting as well as implementing internal financial reporting as per group internal financial policies)

Management Scope:

• Managing overall financial transactions for more than 130 cost centres (lines of business) for multiple sectors as well as monthly financial reporting by well-organized team
• Monitor the financial transactions to ensure that all operational transactions are maintained as per the company’s policies and procedures.
• Review monthly financial reports aiming to improve / optimize business activity.
• Budget variance analysis / regular monitoring of budgets at multiple levels of the organization helps to ensure funds spending are according to plan, within authorized spending levels.
• Review cost allocation of overheads, indirect costs and ensure it is accurate and in line with the best practice and business needs.
• Review month end closing and reporting of any unusual variances.
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
• Implement the standard work procedures for both accounting and financial procedures and methods. Conduct audits and analyse key head accounts and prepare reports.
• Present financial status reports (Balance sheet, P&L, Cash flow items, yield analysis financial and non-financial KPIs.
• Set the Costing guidelines and revise its annual cycle with standard inputs from sales, finance and factory team.
• Coordinate with IT department for system issues, maintenance and development of financial ERP with high levels of integration with production, supply chain and logistics.
• Assist with cost data and analysis aid preparation of on operational decisions with financial impact such as buy/hire, outsourcing/insourcing..

• Prepare audit planning and pre engagement working papers.

• Carry out process understanding, prepare risk and control assessment and prepare audit programs.

• Conduct field work and testing.

• Report the progress update and status to line manager.

• Conduct exit meetings with the auditees to disscus the observations.

• Meetings with management to discuss audit observations and related risks.

• Follow up on previously raised audit observations and ensure adequate rectification is implemented

• Prepare audit reports & executive summaries that are presented to audit committee and senior management

• Ensuring bank policies and procedures are properly implemented and updated if required

• Assessing the various risk associated with the bank’s business (including subsidiaries) and identifying the proper control to avoid these risks.

• Evaluate the adequacy of internal controls and the possible means of improving them.

• Meetings with management to discuss audit observations and related risks.

• Conducted Internal Quality Assessments as per IIA's Quality Assurance and Improvement

June '2011 - Present
Senior Financial Control Officer (Financial Control Dep.)
Arab Bank PLC, (Financial Control Dep.), Dubai, UAE

Responsibilities and job description:
• Responsible for reviewing daily control reports
• Performing team supervisor in full spectrum of accounting functions
• Responsible for effectiveness of internal control function of Finance
• Provide comments and take necessary action on observations/recommendations of Arab bank internal audit depart related to finance department
• Responsible for banks projects such as "Interest calculation project"
• Responsible for selection and implementation of accounting policies or standards
• As part of financial control unit, playing a critical supportive role in managing overall results of the Bank
• responsible for preparing monthly tax return
• Responsible for preparation and finalizing monthly financial statements
• Responsible for reviewing all the Journal vouchers of the branches/departments
• Managing and reviewing inter-branch and abroad branch transactions
• Providing Country Financial controller with all the Gaps & area for of improvement
• Providing country financial controller with regular analytical reports
• Managing Fixed Assets and depreciation on monthly basis and Accountable for account reconciliations also Responsible for the country reconciliation reports.

Specializations (IFRS):
• Financial instruments and derivatives (IFRS 9, IFRS 7, IAS 32 and IAS 39)
• Financial statements presentation (IAS 1 and IAS 34)

Semi Senior Auditor Aug 2008 up to June 2011
Deloitte & Touche Tohmatsu - UAE

Responsibilities and job description: • Participated in audit planning with each engagement manager to select proper audit programs, techniques and types of tests to be performed in order to perform effective audit procedures in efficient manners.
• Assessment and evaluation of accounting and internal control systems applied by clients in order to determine the efficiency of such systems and report any weaknesses and suggest suitable recommendations to client's management


• Provided audit, accounting and related advisory services to listed companies in Dubai and Abu Dhabi Financial Market in addition to public and private clients in various industry sectors such as: manufacturing, retail, construction, insurance, services, financial institutes and non-profit organizations. Performed field work on audits of companies listed on Dubai's and Abu Dhabi Financial Market.

• Prepared financial statements for clients based on the in accordance with the International Financial Reporting Standards (IFRS)
• Conducted substantive and qualitative testing for the investment section Performed compliance and special internal audit assignments and performed risk assessment for certain clients based on "Agreed Upon Procedures" basis.

Specializations (IFRS):
• Consolidation and business combination (IFRS 3, IAS 27, and IAS 28)
• Investments, derivatives and hedge accounting (IFRS 9, IFRS 7, IAS 32 and IAS 39)
• Construction (IAS 11)
• Financial statements presentation (IFRS 1, IAS 1 and IAS 34)


Major clients: Insurance Sector
Oman Insurance Company PSC
Al Buhaira National Insurance Company PSC
Sharjah Insurance Company PSC

Trading & Manufacturing Sector
Gulf Cement Company PSC
LIFCO Group of Companies LLC
National Plastics and Industrial Materials LLC

Contracting Sector
Leaders Aluminum Company LLC
Tech group of Companies LLC

Government Sector
Sharjah Electricity and water Authority
Sharjah Chamber of Commerce

Accountant
Al-Manna Investment Company - Ramallah-West Bank Sep 2007 up to May 2008


• Reviewing, analyzing project cost and classifying items of project in progress.
• Prepare Account charts by using the financial system for all the departments opened in the company.
• Prepare bank reconciliation.
• Prepare financial reports, daily, monthly, and yearly.
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Highlights
• Ability to learn new skills quickly and accurately.
• Thrive on working with people and developing contacts with clients.
• Effective in working in group settings with diverse people.
• Self-motivated and goal oriented.
• Strong belief in long term planning for goal attainment.
• Level headedness in stressful situations.
• Empathy and understanding of clients and co-workers.
• Openness to criticism.
• Empowered with minimal need for continuous guidance.