Audit Manager & VAT Manager
Awni Farsakh & Co.
Total years of experience :18 years, 8 Months
• Responsible for handling VAT implementation and impact assessment for large group of companies with diversified field of business with turnover more than AED 2 Billion.
• Responsible for managing team of VAT experts and consultants who participate in VAT implementation and compliance for large and mid sized companies.
• Responsible for handling external audits to a varied client base, which comprised major public and private sector companies in UAE.
• Effective planning and coordination of assignments to meet stringent deadlines, including on-site supervision, training and motivating team members including developing good working relationship with clients to deliver engagement expectations.
•Assisting clients in preparation of financial statements in accordance with IFRS
• Provide management over a portfolio of clients and deliver high quality audit and assurance service, including preparing and reviewing audit plans and work.
• Maintain the highest technical and professional standard.
• Think strategically about client needs by understanding their business and key risks.
• Providing additional help and guidance to clients on a consultancy basis.
• Participants in the development of ways to meet client needs, contributes to proposal delivery.
• Identifying ways to maximize the relationship with clients and deliver added value.
• Monitor and control auditing staff.
• Takes a leadership role in professional, business or community organizations.
• Coach, train and develop auditing staff to upgrade their knowledge.
• Be seen as a role model for auditing professionals.
• Undertake wider office activities, as required.
• Restructuring finance and accounting department.
• Developing financial policies and procedures to be applied in the group and its associated companies.
• Formulating strategic and long-term business plans.
• Act as an expert for general management.
• Developing financial management mechanisms that minimize financial risk.
• Managing a company's financial accounting, monitoring and reporting systems;
• Responsible for consistent financial reporting inside and outside the company.
• Insuring that proper and accurate financial information available once requested.
• Monitoring and interpreting cash flows and predicting future trends
• Responsible for recruiting, training and team management for accounting and financial staff.
• Researching and reporting on factors influencing business performance.
• Conducting reviews and evaluations for cost-reduction opportunities.
• Liaising with auditors to ensure annual monitoring is carried out.
• Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and lawyers.
• Managing budgets.
• Supervising staff.
• Keeping abreast of changes in financial regulations and legislation.
Negotiate and prepare proposal with new clients
Discuss application of new accounting principles with clients
Supervised a team of senior auditor and assistant auditors to audit specific client
Held meeting with the client's management to understand the entity and its business
Develop Audit strategy
Test of controls operating effectiveness and define material weaknesses and significant deficiencies in applied controls
Test of details and substantive analytical audit procedures
Prepare management letters
Prepare Tax and Zakat return according to Saudi Department of Zakat and Income Tax Regulations
Work as in charge auditor for some Egyptian corporations listed and none listed in the Egyptian Stock Exchange.
Worked in some Transaction Services and valuation engagements
Accounting activities related to end of service benefit calculation and pension calculations for all employees of the west Cairo area
Passed the exams of Certified Public Accountants, USA
Faculty Of Commerce, Accounting Major ( English Section ) In which all courses are taught in English From American textbooks .which all concentrate on how business functions are performed in today’s competitive business environment.