Asim Amin, Internal Audit Manager

Asim Amin

Internal Audit Manager

SACO - Saudi Company for Hardwares

Lieu
Arabie Saoudite - Riyad
Éducation
Baccalauréat, Applied Accounting
Expérience
13 years, 4 Mois

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Expériences professionnelles

Total des années d'expérience :13 years, 4 Mois

Internal Audit Manager à SACO - Saudi Company for Hardwares
  • Arabie Saoudite - Riyad
  • Je travaille ici depuis mai 2021

✔ Maintain and update the ‘Internal Audit Charter’, ‘Internal Audit Activity SOPs’, and ‘Internal Audit Code of Ethics.
✔ Developing risk-based internal audit strategic and operational plan.
✔ Conducting and updating risk assessments periodically and after closing an audit engagement.
✔ Attend meetings with senior management to identify risk areas and controls implemented to mitigate those risks.
✔ Review and adjust the Annual Audit Plan as necessary, in response to changes in an organization’s business, risks, operations, programs, systems, and controls and submit it to review by CAE.
✔ Finalize Audit Scope & objectives for planned audit engagements and make appropriate modifications, based on inputs from business units to ensure its adequacy.
✔ Prepare and review ‘Audit Programs’ for financial and operational engagements.
✔ Monitor the ‘Progress’ of planned engagements on a monthly basis to assess the adequacy, effectiveness, and efficiency of the established SOPs for internal audit.
✔ Conduct exit meetings’ with process owners to discuss and confirm audit findings, and document management responses and their remedial action plans
✔ Review and finalize ‘Audit Reports’ upon completion of each engagement by the audit team.
✔ Reporting’ the results of audit engagement to CAE.
✔ Report ‘significant risk exposures and control issues, including fraud risks, governance issues, and other matters needed or requested by the CAE.
✔ Reporting to CAE on internal audit activity’s ‘Quality Assurance & Improvement Program’, including results of ongoing internal and external assessments.
✔ Conduct follow-up for reported findings and their recommendations and periodically report the results to CAE.
✔ Plan and perform ‘Specific Operations or Special Investigations’ at the request of the Audit Committee or the Board, as appropriate and directed by the CAE.
✔ Ensure to CAE regarding the organizational independence of the internal audit activity
✔ Assisting in drafting, documenting, and logging minutes of audit committee meetings
✔ Participating in external Auditors’ annual performance evaluations
✔ Coaching and mentoring junior team members to ensure that audit work was carried out effectively and in an efficient manner.

Internal Audit Manager Assistant à Hoshan Group
  • Arabie Saoudite - Riyad
  • août 2019 à avril 2021

■ Maintain and update Internal Audit Charter ’, Internal Audit Activity SOPs ’ and
Internal Audit Code of Ethics for review and approval by the Audit Committee.
■ Audit Planning by developing an annual and strategic audit
plan (covering Financial and Operational ) based on the results of Annual Risks.
Assessment approved by the Board.
■ Attend meetings with senior management to identify risk areas and controls
implemented to mitigate those risks.
■ Review and adjust the Annual Audit Plan ’, as necessary, in response to changes in
organization s business, risks, operations, programs, systems, and controls and
submit it for review to chief audit executive
■ Finalize Audit Scope ’ for planned audit engagements and make appropriate
modifications, based on inputs from business units to ensure their adequacy.
■ Review Audit Programs for financial and operational engagements.
■ Monitor the Progress ’ of planned engagements on a monthly basis to assess the
adequacy, effectiveness, and efficiency of the established SOPs for internal audit.
■ Attend Closing Meetings ’ with process owners to discuss and confirm audit
findings, management responses, and corrective action to be taken
■ Finalize Audit Reports ’ upon completion of each engagement
■ Reporting ’ the results of audit engagement to chief audit executive
■ Report significant risk exposures and control issues ’, including fraud risks,
governance issues, and other matters needed or requested by the CAE
■ Report the Results of follow up activity ’ to CAE on a quarterly basis.
■ Reporting to CAE on internal audit activity s Quality Assurance & Improvement
Program ’, including results of ongoing internal and external assessments.
■ Establish a follow-up process for material findings and recommendations.
■ Plan and perform Specific Operations or Special Investigations ’ at the request of
Audit Committee or the Board, as appropriate and directed by the CAE
■ Ensure to CAE regarding the organizational independence of the internal audit activity, at least on an annual basis.
■ Managing the team and Coaching and mentoring junior team members to ensure that audit work was carried out effectively and in an efficient manner.

Group Senior Internal Auditor à Bawan Company
  • Arabie Saoudite - Riyad
  • avril 2017 à août 2019

✔ Maintain and update ‘Internal Audit Charter’, ‘Internal Audit Activity SOPs’ and ‘Internal Audit Code of Ethics’ for review and approval by the Audit Committee.
✔ Part of the leading role in the ‘Audit Planning’ process by developing an annual audit plan (covering Financial and Operational) based on the results of the Annual Risk Assessment approved by the Board.
✔ Attend meetings with senior management to identify risk areas and controls implemented to mitigate those risks.
✔ Review and adjust the ‘Annual Audit Plan’, as necessary, in response to changes in organization’s business, risks, operations, programs, systems, and controls and submit it for review to chief audit executive.
✔ Finalize ‘Audit Scope’ for planned audit engagements and make appropriate modifications, based on inputs from business units to ensure its adequacy.
✔ Review ‘Audit Programs’ for financial and operational engagements.
✔ Monitor the ‘Progress’ of planned engagements on a monthly basis to assess the adequacy, effectiveness, and efficiency of the established SOPs for internal audit.
✔ Attend ‘Closing Meetings’ with process owners to discuss and confirm the audit. findings, management responses and corrective action to be taken.
✔ Finalize ‘Audit Reports’ upon completion of each engagement.
✔ Reporting’ the results of audit engagement to chief audit executive.
✔ Report ‘significant risk exposures and control issues’, including fraud risks, governance issues, and other matters needed or requested by the CAE.
✔ Report the ‘Results of follow-up activity’ to CAE on a quarterly basis.
✔ Reporting to CAE on internal audit activity’s ‘Quality Assurance & Improvement Program’, including results of on-going internal and external assessments.
✔ Establish a follow-up process for material findings and recommendations.
✔ Plan and perform ‘Specific Operations or Special Investigations’ at the request of Audit Committee or the Board, as appropriate and directed by the CAE

Internal Auditor à Bawan
  • Arabie Saoudite - Riyad
  • avril 2014 à décembre 2016

✔ Performs audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures
Conducts interviews, reviews documents, develops and administers surveys, composes summary memos, and prepares working papers
✔ Identifies, develops, and documents audit issues and recommendations using independent judgment.
✔ Assists in communicating the results of the audit and consulting projects via written reports and oral presentations to audit management for discussion and getting management responses.
✔ Discuss audit findings and recommendations with the audit manager and report significant observations.
✔ Conduct regular follows up of implementation of audit recommendation with audit clients and reports the progress to audit management.
✔ Prepare and deliver weekly/fortnightly/monthly audit reports.
✔ Assist the audit management in preparing the reports
✔ Pursues professional development opportunities, including external and internal training.
✔ Develops and maintains productive client and staff relationships through individual contacts and group meetings.
✔ Conduct internal audits to assess the adequacy, effectiveness, and efficiency of the established internal controls and procedures.

Accounting Supervisor à Gallery Design
  • Arabie Saoudite - Riyad
  • novembre 2012 à mars 2014

✔ Reported to Chief financial controller.
✔ Review cash receipt/payment journal entries prepared by A/R and A/P accountant.
✔ Performs various account and ledger reconciliations and work to resolve discrepancies if any.
✔ Study the revenue trends and expenses of the company so that they are appropriately recorded.
✔ Review accounting documents to ensure accuracy of information and calculations and make correcting entries.
✔ Assist with annual budget-prepares all allocations.
✔ I have been an active team member in implementing ERP (Microsoft Dynamics AX 2012).
✔ Managing the chart of accounts & supervising the other activities in the ERP system.
✔ Handling & Accounting for LC, LG & Re-financing.
✔ Assist in the preparation of financial statements and other reports to summarize the current and projected company financial position.
✔ Documentation and monitoring of internal controls.
✔ Produces various variance and other analysis reports.

Assistant Chief Accountant à Master Industries
  • Pakistan - Lahore
  • mars 2012 à août 2012

✔ Reporting to the chief accountant and general manager
✔ Handling receivables and payable
✔ Ensure accurate posting of journal entries
✔ Management and review of books of accounts
✔ Preparation of Bank Position and Bank reconciliation
✔ Fixed assets accounting, reconciliations, and depreciation journals
✔ Assist in preparation of finalization of financial statements
✔ Preparation of payrolls and dealing with employee benefits
✔ Preparation of permanent audit file
✔ Identify internal control weaknesses and recommending cost effective efficient internal controls
✔ Reviewing compliance with applicable financial reporting framework
✔ Performs related work as assigned.

Senior Consultant - Internal Audit à Asjad Amin & Co (Chartered Accountants)
  • Pakistan - Lahore
  • juillet 2010 à janvier 2012

■ Providing risk management, internal audit and internal control services to clients in a variety of industries.
■ Assisting in planning and managing staff on engagements, including reviewing staff work papers and providing feedback and guidance to staff
■ Conducting fieldwork, preparing work papers to support conclusions, discussing findings and observations with management, and preparing written reports of various types and formats.
■ Involved in providing clients with advice to improve and optimize internal controls, enhance and transform internal audit approach and methodologies and performing risk assessments.
■ Providing other value-added recommendations both to our clients and to help improve the firm.

Éducation

Baccalauréat, Applied Accounting
  • à Oxford Brooks University
  • septembre 2014

This Bachelors Honours Degree is an exclusive degree offered to ACCA students through a unique and innovative collaboration between ACCA and Oxford Brookes University Business School. The BSc (Hons) in Applied Accounting is equivalent to a three-year undergraduate degree undertaken at a UK university and is recognised by the Quality Assurance Agency for Higher Education (QAA).

Baccalauréat, Commerce
  • à University Of The Punjab
  • juin 2008

Established in 1882 at Lahore, the University of the Punjab is the largest and the oldest seat of higher learning in Pakistan. It was the first to be established in the sub-continent in Muslim majority area. The fact that two Nobel laureates are from this University speaks volumes for its academic and research excellence. Located in the historical and culturally alive city of Lahore, this University has played a leading role in higher education in the country. The University strives to provide a conducive environment for the pursuit of the academic activities. On account of its quality degrees, pleasant environment and low tuition fees the University remains the institution of first choice for admission seeking students.

Specialties & Skills

Compliance Review
Corporate Governance
Enterprise Risk Management
Internal Controls
Internal Audit
Financial & operational assurance
Governance, risk & compliance assurance
Fraud investigation
Internal Audit Manual, Charter, Audit Programs, Audit Strategic Plan
Risk Based Auditing and Planning
Financial & management accounting
Process improvement
International financial reporting standards (IFRS)
Financial statements review
Financial statements position & performance interpretation
Risk & control assessment
Internal audit Quality assurance improvement program (QAIP)
Teammate Champion (Implementation, Champion User, Administrator)

Profils Sociaux

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Langues

Anglais
Expert
Urdu
Langue Maternelle

Adhésions

(ACCA) Association of Chartered Certified Accountants
  • Fellow Member
  • September 2017
IIA (Institute of Internal Auditors)
  • Qualified Member
  • February 2019
(SOCPA) Saudi Organisation for Certified Public Accountants
  • Associate Member
  • January 2016
ISACA
  • Professional Membership
  • January 2021

Formation et Diplômes

ACA - ICAEW (Certificat)
Date de la formation:
November 2020
Investment Foundation - CFA (Certificat)
Date de la formation:
August 2020
ACCA (Certificat)
Date de la formation:
September 2012
FCCA (Certificat)
Date de la formation:
September 2017
CRMA - IIA (Certificat)
Date de la formation:
June 2020
CIA - IIA (Certificat)
Date de la formation:
February 2019
COSO - Internal Control - Integrated Framework (Certificat)
Date de la formation:
April 2020
IMA Data Analytics and Visualization (Certificat)
Date de la formation:
April 2020
IFRS Specialist (Certificat)
Date de la formation:
March 2018
GCC - VAT (Value Added Tax) Implementation (Formation)
Institut de formation:
Leoron Professional Development Institute
Date de la formation:
January 2018
Durée:
14 heures
TeamMate + (Formation)
Institut de formation:
Wolters Kluwer (UK)
Date de la formation:
January 2020
Durée:
36 heures

Loisirs

  • Struggle to strong self faith, religion and ethical ideology of islam
  • Politics debates & criticism, Socializing with friends, Travel and Reading Business News