Group Senior Internal Auditor
Majdouie Group
Total years of experience :10 years, 2 Months
(In addition to Rolaco Group’s work profile)
• Performing Risk Based Audits & Other related Audit assignments of the Group’s Individual Entities (Logistics, Real Estate, Joint Venture, Automotive, etc.)
• Performing Quality Review of Internal Audit Reports on ad-hoc basis.
• Performing Risk & Compliance Based Audits of
Key Business Functions for the Group’s
Individual Companies (Corporate Finance,
Procurement, Logistics, Inventories and Sales,
After Sales, Corporate Services: Purchasing
Department, IT Applications; IT Operations & IT
Data Management).
• Preparation & Finalization of Risk & Compliance
Based Audit Reports for Group’s Individual
Companies (Automotive, Hospitality, Electrical
Segment, Travel & Tourism, and Machinery Rentals)..
• Identifying ‘Design Weakness’ in Internal
Controls & reporting it by Audit reports to
Management & Head of Audit.
• Discussing Observations & recommendations
with appropriate process Owners & Line
Managers to agree on action plan (exit
meetings).
• Assist as required in the investigation of
significant suspected fraudulent activities within
the Group & prepare reports with results &
recommendations.
• Providing support for follow-up of critical audit
observations requiring immediate remedial
action.
• Providing support for follow-up of pending
action plans with various departments &
companies.
• Assisted Internal Audit Manager in quarterly
reporting/ presentation to Audit Committee.
• Developed Risk Register focusing on
Observations, its Risks & Control methodology.
• Developed Risk Assessment of all Categories to
provide support in defining the Annual Risk based
Internal Audit Plan.
•Internal Audit: Operational; System; Compliance & Financial Audits in Distribution sector of KSA Region.
• Assisted IA Manager for ‘appropriate ‘Controls & Procedures’ to be implemented in Operational & Financial areas.
• Participated in open meetings with department heads to explain scope & objectives of audit engagement & provided an overview of all steps in audit process.
• Understanding of business processes in scope for assigned audits by using flowcharts.
• Participated in closing meetings with client at the end of fieldwork, providing clear explanations for identified issues.
• Assisted in the preparation of a concise & informative audit report to effectively communicate the findings & recommendations to the branch/ department & senior management.
• Routine based checking of ERP modules to GL Accounts for pending Journal Vouchers, analysis on employee expenses vs. budget of allocated expenses, analysis on General & Administrative expenses vs. its respective approvals.
• Analysis of Information Systems (ERP) and recommendation over its customization.
• Monitored postings of the Accountants of 17 Branches on the ERP Software: (Industrial Financial Systems).
-Project in Financial Analysis of Products.
-Preparation with the current market scenario of that period focusing on the consumers P.O.V.
MBA FINANCE