Group Auditor
Jamal Al Ghurair Group
Total years of experience :21 years, 9 Months
This is a group level position. I am reporting to the Head of Internal Audit as well as to the Manager Internal Audit along with other various management levels including Managing Director, depending upon the nature of the assignment.
My general responsibilities were to assist Chief Audit Executive & Internal Audit Manager in developing the Annual Audit Plan, to conduct system reviews, perform agreed upon procedures as and when required and reviews of policies, procedures, standards and other applicable internal or external requirements including the statutory requirements as well as compliance thereof, to conduct follow-ups for implementation of any previous observation and to streamline the embedded internal controls, to identify key risk areas and prepare the risk assessment analysis, to review and ensure completeness of internal audit working paper files, to issue internal audit report for approval, to carryout special investigations etc.
Employer’s profile - This is a Dubai based group of companies with diversified businesses all over the UAE. There are more than 10 companies in the Jamal Al Ghurair Group including Al Khaleej Sugar Co. L.L.C. which is one of the major sugar refineries in the world (More than 2% of worldwide production of sugar). The other companies of the group are:
Porcellan Co. LLC
Gypsemna Co. LLC
Khalid & Jamal Al Ghurair Real Estate
Brothers General Transport Co. LLC
Al Khaleej Logistics
JAG Establishment
Citycare services LLC
Nasir Gas distribution
Giptec
Reporting to the Finance Manager & the General Manager
My experience is best summarized as follows:
•Revenue & Receivables
oClient Invoicing
oClient receivables statements & reconciliation
oReceivables follow-up & collections
oPeriodically updating the PR team about the financial status of their respective clients
•Purchasing & Payables
oPurchase orders issuance
oSupplier reconciliation (local & international)
oSupplier payments
•Payroll
oAll payroll related entries & processing including the indemnity & vacation provisions as well as the transfers
•Fixed Assets (Movement & Depreciation)
•Inter-company transactions (reconciliation & funds transfers)
•Prepayments (Maintenance & amortization of all prepaid rents, sponsorship & insurance premiums
•Provisions & accruals for all business related activities
•Balance Sheet Notes for major accounts (Receivables, payables, cash & banks, prepayments, accruals & provisions)
•Profit & Loss review with the financial manager
•AD_HOC assignments
oEntering the accounting backlog from 1998 - 2002
Client receivables/salesmen/reconciliation and booking on a country level
Suppliers payables/reconciliation
Bank reconciliation
Petty cash
AD-HOC assignments for the financial manager
Responsible for writing vouchers of a publishing company
Assist the manager in the accounting, purchasing and finance functions
Handling client’s V.A.T. (Value Added Tax) declarations
Handling the correspondent of the Ministry of Finance
Responsible for the audit of the account Jamal shipping co. and coordination with their accountants
3years business administration and one year majored in accounting