علاء الدين الخطيب

• Discuss the Audit Plan with the Audit Committee and
seek their feedback and approval.
-Performs Audit Procedures to verify the efectiveness
of internal controls, through testing, vouching and ver
ifcation.
-Identify control gaps and opportunities for improve
ment.
-Analyze and conclude on efectiveness and efciency
of control environment.

I joined Al-Arrab to establish and head the Internal Audit
Function. My major responsibilities were:
-Perform Risk Assessment Process to determine the risk
factor of each process/activity.
-Evaluate the adequacy and efectiveness of Internal
Controls.
-Plan the audit based on the risk assessment.
-Design Audit Programs to suit the characteristics of the
audited activity.
-Prepare Audit Reports documenting the observations
along with the suggested recommendation to the Audit
Committee and Board.
-Contribute and coordinate as appropriate, in the
year-end fnancial audit with the external auditors.
-Promote legal and compliance awareness through
training sessions and staf engagement.
-Manage and supervise day-to-day work given to assis
tants.
-Perform ad-hoc tasks such as Due Diligence for poten
tial Merger and Acquisition transactions.

-Reengineer the business processes and structure,
through adapting the Value Chain approach.
-Analyze each activity to ensure that every one of them
does add value to the Products and Services we deliver.
-Oversee all aspects of fnance and budgeting, ensuring
proftability, cost efectiveness and sustainable growth.
-Drive sales and business development across the var
ious activities the group involved in.
-Develop Key Performance Indicators (KPI) to monitor
the achievement of various operational and fnancial
targets.
-Lead marketing initiatives and identify new opportuni
ties to strengthen the groups presence in the market.
-Manage day-to-day operations with a focus on ef
ciency, service quality, and customer experience.
-Recruit, mentor, and manage staf to build a high-per
forming team culture.
Guide the integration of digital tools and ERP sys
tems across operations for improved control, and de
cision-making.
-Ensure adherence to UAE corporate law, licensing re
quirements, and related regulations.

In June 2000, I joined the Shanfari Group of Companies
(one of the leading business houses in Oman with vari
ous diversifed business activities) to establish and head
the Internal Audit Dep. My major responsibilities in
cluded:
-Prepare the Audit Plan based on the Risk Assessment
and present it to the Audit Committee for their discus
sion and approval.
-Review and assess operating systems and controls in
place to ensure compliance with policies & procedures.
-Perform test of controls to ensure their ability to de
tect/prevent risks.
-Review and evaluate the means of safeguarding assets,
and as appropriate verifying the existence of such as
sets.
-Provide the Board of Directors with reports on audit
coverage, fndings and recommendations.
-Develop Audit Team Skills through close supervisions
and continuous training.
-Liaise with external auditors to ensure smooth and
efcient yearend audit.

My major responsibilities included:
-Develop a thorough understanding of the clients busi
ness, contributing to the analysis and planning of client
engagements.
-Manage all aspects of an engagement, from stafng,
scheduling, planning, execution, work review and
wrap-up.
-Review engagement team members accounting, tax or
auditing work to provide constructive review points.
-Manage day-to-day client relationships and serve as
the main point of contact, communicating with clients
points of contact at varying levels.
-Supervise and guide the professional audit staf mem
bers regarding the audit procedures.
-Address subordinates issues and ofer suitable solu
tions to support teamwork.
-Ensure conformance and compliance with Arthur An
dersens Policies and Procedures.
-Assist in the client billing process with Managers, Di
rectors or Managing Directors

With K.P.M.G I worked for three years that were full
of high-level training as the customer base of K.P.M.G
was mainly foreign companies and big banks. I was
responsible for leading the audit team and fnalizing the
fnancial statements with the clients and preparing the
audit report and other deliverables. My duties included
mainly:
-Plan, schedule, and direct the work of other auditors
designated as assistants on each audit.
-Develop comprehensive audit program and establish
the scope, objectives and general audit approach of
each project.
-Assist clients in preparing for audits to ensure the
smooth execution of feld work and timely delivery of
engagement deliverables.
-Write sections of audit reports covering portions of
the audit made personally; review and edit the balance
written by assistants to ascertain that all statements are
fully documented and supported in the work papers.
-Supervise, coach and mentor Junior auditors. Conduct
performance reviews and contribute to performance
feedback and training.
-Assist clients with the accounting and reporting aspects
of transactions including acquisitions, equity, debt...etc.
-Engaging in discussions with clients, other advisors,
and Audit Managers in respect of transaction struc
ture(s) and assisting in determining the accounting im
plications.
A brief list of my audit clients include:
1 . Central Bank of Oman.
2. Bank Muscat.
3. Oman Aviation Co.
4. Muscat Securities Market.
5. Toyota.
6. HSBC.
7. Citibank.
8. Oman Transportation Co.
9. Intercontinental Hotel.
10. Diwan of Royal Court.

The three years at Deloitte were so rich in experience,
particularly in corporate fnance.
With Deloitte I assisted in auditing a few well-known
banks in the Sultanate of Oman in addition to trading
and services companies. I also carried out the Annual
Examination for the Central Bank of Oman for several
local banks.
My clients include:
1 .Oman Arab Bank.
2.Oman Development bank.
3.Oman Bank for fsheries and Agriculture.
4.Oman Housing bank.