Adil Adnan

Internal Audit at Emirates Madina Group

• My current job since April 2015

Internal Auditor at Deloitte Consulting

• United Arab Emirates
• June 2008 to March 2015

) -2015 to Current:
 Solely responsible for auditing the group with more than 20 Hypermarkets.
 Auditing the purchases, expenses and the accounts department on a monthly basis and
present the findings to the Board of Directors for taking required actions.
 Meeting suppliers and negotiating for prices and discounts with them and centralizing the
purchases.
 Auditing the Accounts Payable and Receivables for any suspicious payments.
 Implementing internal controls in high risk areas like purchases, where commission may
involve.
 Conducting surprise audits and physically verifies the cash at each outlet.
 Following up with the accounts team for age receivable and payables.
 Analyzing the outlet’s performances on monthly basis and discussing with the business
development team to ensure required steps are taking in increasing the profits and reducing
the costs.
 Worked with the IT team in creating internal websites for having a hub of the group.
 Helping the Finance Controller closing the books of accounts on a monthly basis for all the
outlets.
 Helping the Finance Controller in finalizing the books at the year end.
 Suggesting the Management of effective ways for controlling the cost incurred by the group.
 Checking the purchases to ensure the purchases for the Company is happening through the
Company’s Warehouse and not local market.
 Auditing the prices from multiple suppliers across the group to ensure same price is received in
all the outlets.
 Audit the stock of the company on a monthly basis to make sure there are no discrepancies.
 To evaluate the stock of each outlet to ensure the purchases are in control and as per the limit.
 Visit the outlets on a monthly basis and conduct audit on their expenses, purchases, stock, void
bills, etc and ensure there are no frauds happening.
 To review the discounts given to the customers and questioning the Managers for any
suspicious discounts.

Designation :Consultant Public Sector

• January 2013 to January 2015

Accurate planning, budgeting and forecasting of critical financial metrics (e.g., revenue,
profitability, pipeline, backlog) to enable decision making by account and industry leaders.
 Produce monthly sector reporting package by assimilating and analyzing information from
multiple sources and presenting information in Excel or PowerPoint; summarize and
communicate key performance results and practice trends (revenue, profitability,
investments).
 To prepare Fiscal year reports presenting Year-Over-Year growth for Industry and Sector.
 To help in forecasting the revenue and hours reviewing the previous year’s revenue.
 Monitor receivable, backlog variances, and non-chargeable budgets and follow up with
Individuals to ensure accuracy.
 Maintain multi-year trending reports. Produce monthly pipeline report and analyze by sector
Identify any RTrak entries with missing or out of date information and follow up accordingly.
 Track industry investment requests and resulting budget implications. Produce finance-related
materials for industry communications and events.
 Pull practitioner and staff related data as needed to identify practitioners working on
industry/sector projects.
 Preparing Industry newsletters for Directors and the rest of the Industry.
 Maintain detailed understanding of management reports and detect any anomalies that
require investigation.
Key Responsibilities(Senior Internal Audit) - June 2008 - 2013
 To conduct monthly in-depth audit over $3 Million spent on office expenses and check for
frauds.
 Conduct audits of store operational and financial transactional procedures to check if all store
procedures are in compliance to the company policies and procedures.
 Go through all the process documents carefully and identify any gaps for frauds.
 Prepare working documents on audits and inventory counts in accordance with Audit best
practices and procedures and participate in audit finding discussions with the concerned
department heads as and when required.
 To complete the audit in code of conduct of the firm’s guidelines and ethics.
 To prepare presentations for the findings and present it to management accordingly.
 Conduct interviews and surveys with the teams and document the findings.
 To prepare newsletters for leadership with the latest news.
 To follow-up with the teams for any missing information and ask for backup documents.
 Work on Ad-hoc reports requested by the Partners, Directors & Managers.
 Providing process improvements after the findings for reducing the risks to the firm.
 Doing analysis on the data collected during audit and make sure the processes and people are
following Deloitte Policies, Integrity & are compliant.
 To contact the internal teams and external vendors to make sure there are appropriate check
points.
 Identify weaknesses in the effectiveness of controls and key processes of the unit(s) and
provide appropriate recommendations for improvement to minimize risk.
 To mentor a team of 8-10 people and manage the team of 12-15 people in absence of
Manager.
 To mark all the frauds and document them accordingly and suggest the precautions to the
management.
 To create checks where the fraud can be identified in the earlier stages.
 To report the non-compliant activities to the management.
 To make process flows, decks and numbers to US and India Leadership monthly and quarterly.
 To give a detail write up for the audit performed. Process improvements which minimizes the
chances of fraud.
 Perform regular and comprehensive compliance risk assessment for all cardholders.
 Contact cardholders on suspicious activities on their card accounts and take necessary actions.
 To check for the fallouts in the process which leads to fraud and suggest for a checkpoint.
 To have multiple checks while the audit is performed to make sure the frauds are caught.
 To report the findings of the audit to the management on monthly basis.
 To meet all the required parties in the firm and conduct necessary meetings with them.
 To Follow-up with the vendor American Express and make sure the procedures are followed
appropriately by them.
 Work as Manager’s back up and work with the team to make sure the activities are completed
within the TAT and quality and the business is continued seamlessly.
 To do a thorough research on the suspected activities and make sure nothing is neglected.
 Introduced process improvements which reduced the risk of fraud and increased the quality
and as well as quantity of audit.
 Prepare quarterly, half-yearly and annual list of the non-compliant stakeholders and report.
 To make sure the policies and guidelines are followed by the stakeholders.
 Prepare fiscal year reports for US and India’s leadership presenting the year spent details.
 To check the receipts for the purchases and follow-up with the employees for inconsistencies.
 To make sure the purchases are made as per Firm’s guidelines and IRS of USA.
 To conduct prepayment and post payment audit for the specialized cards on a monthly basis
and present the findings to the Leadership.
 To work on adhoc reports for leadership whenever required and to support the manager in
pilot projects.

Accountant at Adnaan Enterprises

• January 2005 to May 2008

To prepare accounts for the firm and perform reconciliation.
 Reconcile financial discrepancies by collecting and analyzing account information.
 To record the entries using Tally.
 To prepare P&L account statements and other reports.
 To prepare payments by verifying documentation and requesting disbursements.
 Preparing PO’s and maintains ledgers.
 Prepare month end AP-AR for the firm.
 To verify invoices and check requests & setup invoices for payments.
 To keep a track of all expenses and process expense reports.
 Reconcile accounts payable transaction and prepare analysis reports.
 Maintain vendor files and store all the expense receipts.

Associate Analyst/Analyst/Senior Analyst

• to

Identified a fraud of 8 Cores INR in IT while conducting Internal Audit.
 Identified a fraud of 80 Lakhs INR in internal audit in Procurement.
 Identified huge cash flow in the group, spoke to the suppliers and move cash purchases to
credit. Routed 500, 000AED through bank in 2 months than giving hard cash.
 Streamlined the accounting processes and ledgers in 10 Hypermarkets in less than 3
months.
 Audited expensed and saved 50, 000AED per month for the company by centralizing the
purchases.
 Spoke to suppliers and centralized the purchases for better discounts.
 Streamlining and stabilizing accounts process and ensured the business is smooth.
 Created shared folders for uploading the invoices and all important documents which can
be as a backup and can be accessible easily.
 Transitioning multiple activities from US Leadership and working on process
improvements.