Internal Auditor
Yazid Al Rajhi & Brothers
مجموع سنوات الخبرة :15 years, 8 أشهر
Perform periodically Branch visit for audit & Compliance all over Saudi Arabia.
Ensure the compliance of the organizational activities with set rules and regulations.
Planning, scheduling, and executing the operations audit procedures and principles.
Examining the efficiences of the sales and productions departments and providing suggestions.
Establishing the parameters for evaluating the performance on inter-functional departments.
Identifying and working on the areas in need of improvements and monitoring the effect.
Coordinating with managers and supervisors of departments and determining audit objectives.
Assisted in monitoring and analyzing the functioning of the organization's systems.
Analyzed the effectiveness of the policies and strategies.
Verifying the authorization of inter branches transfers as per company policies & procedures.
Verifying Sales, collection & deliveries and checked the recording in to the system.
Verify the approved goods receipts notes, confirm the physical receiving and recording in to the system.
Examining and improving the internal operational
functions for increasing productivity.
Evaluated the effectiveness of internal controls and identified potential process improvement opportunities.
Reconciliation internal between manufacturing and trading Account.
Customer & supplier’s reconciliation.
Physical verification of assets.
Sales; verified monthly sales made, assured deliveries and checked the recording in to the system.
Purchases; verify the approved purchased orders, goods receipts notes, confirm the physical receiving and recording in to the system.
Perform periodically Inventory Count/organizing for all warehouses all over gulf.
Checking inventory movement to ensure compliance of policies & procedure Closing/Adjusting Entries.
Ensure that internal controls are properly in place and working effectively
Ensure compliance of company Policies & Procedures
Physical verification of assets.
Reviewing payroll processing, HR paperwork, vacation/time off, workers compensation, recording keeping.
Checking & Approving suppliers’ invoices after cross verification with Purchase order.
Organizing inventory as per warehouse space as required.
I joined as an internal auditor in an electrical supplies company since January 2013. Company is dealing in Electrical supplies all over the Middle East and also manufacturing/assembling electrical panel boards and cable management system. I am working as a internal auditor for all
audit functions of the whole group having more than 50 branches, 4 manufacturing units and more than 1500 employees all over the Middle East.
JOB RESPONSIBILITIES:
Analytical reviews / substantive / credit review procedures.
Internal control weaknesses memorandums.
Presenting various business performance initiatives to the seniors
Carry out pre-audit of all claims prior to payment.
Ensure that internal controls are properly in place and working effectively
Ensure compliance of company Policies & Procedures
Physical verification of assets.
Perform periodically Inventory Count for all branches all over gulf.
Checking inventory movement of all branches to ensure compliance of policies & procedure. Closing/Adjusting Entries.
Checking & Approving suppliers invoices after cross verification with Purchase order, GRN & Supplier Invoice.
Reporting to Head of Internal Audit. Primary responsibilities include planning and reviewing statutory.
Sales; verified monthly sales made, assured deliveries and checked the recording in to the system.
Purchases; verify the approved purchased orders, goods receipts notes, confirm the physical receiving and recording in to the system.
Calculation of monthly discount on sales for sales persons as per company policies & procedure.
Reconciliation internal between manufacturing and trading Account.
Customer & suppliers reconciliation.
Worked as Chief Accountant
Bank reconciliation supervision for all company.
Facilitating in preparation of Income statement, Balance Sheet and Cash flow Statement.
Evaluation of financial position and performance.
Monthly stocktaking.
Fixed assets.
Accrual adjustments at the month end.
Inventory valuation.
End of Service benefits.
Recording Sale and debtors collections.
Pharmacies investment appraisals.
Review of Overtime, Commission & Bonus.
Analyse customer aging properly on timely basis.
Suppliers invoices or material reconciliation on quarterly basis.
Recording and controlling all types of sale including export, local commercial and waste scrape.
Booking and controlling of receipts from all types of debtors.
Preparing daily receivable status report to facilitate working capital management directly to CEO.
Recording all raw materials purchases and controlling their payments accordingly.
Reconciling sales with quantitative records (dispatches report) and reconciling sale module with Records as per ledger.
Booking Commission of all commission agents and controlling their payments accordingly.
Interact with Contractor regarding their working and booking their working and making their payments accordingly.
Preparing & Posting sale invoices and bank and cash receipts into the system.
Posting of all types of vouchers in software (J.v, Gpim Grn S, pi)
Monthly & weekly parties reconciliations (Customers & Suppliers).
Monthly banks reconciliations.
Preparation of the Calculation of banks Markup on long term & short term finances on monthly & quarterly basis, and posting into the system.
Managing & performing monthly stock taking of the company.
Posting of fixed assets/store purchased along with its capitalization and consumption.
Finalisation of financial proposal (borrowers’ basic fact sheet) which company submitted to each bank wit whom financial lines are in operation.
Assisting in Finalization of data for monthly/quarterly E filling withholding tax of the company.
Preparation of monthly, quarterly & annually accounts of the company.
Preparation & Finalization of advance tax compotation U/S 147 I.Tax Ordinance 2001.
Preparation of letters to banks for adjustments of Markup & Finances loans.
Assisting Tax Manager on finalization on appeals to commissioner appeal or appellate tribunal.
Assisting in finalization of annual income tax return of company U/S-114 of the Income Tax Ordinance 2001.
Preparation of financial proposal for banks with whom company operating its financial lines.
Filling of form 10, 16 and 17 for charge creation, modification and satisfaction for banks respectively.
Filling of form A and form 29 for annual returns and particulars of directors, auditors and legal advisor, respectively along with filling of annual accounts with securities & exchange commission of Pakistan.
Filling of form 7 and form 26 for increasing in authorised capital & special resolution.
Preparation of Salaries & wages of all staff on monthly basis.
Bachelor Degree (Accounts & Finance)