Senior Manager, Internal Audit
Al-Sayer Group
Total years of experience :33 years, 11 Months
Strategic:
Prepare the overall internal audit strategic plan based on inputs from the Manager, Internal Audit and the guidelines of the SGM, Internal Audit.
Participate with SGM, Internal Audit to identify the strategic trends in the business and Internal Audit field.
Operational:
Review the risk assessment of operational activities conducted by the Manager, Internal Audit.
Lead the implementation of Internal Audit policies, standards and practices in order to ensure audit trail for all records and systems.
Implement the audit programs to ensure the system of authorization and recording procedures are adequate to provide reasonable accounting control over assets, liabilities, income and expenses and review cash control procedures and monitor safeguarding of assets.
Advise on anticipated business problems through the Audit process.
Participate in discussions on audit findings with audited unit's managers and address concerns about ambiguities related to audit observations.
Advice on solutions to counter operational control weaknesses based on risk assessment and professional standards.
Implement Audit programs and ensure control procedures and segregation of authorities and compliance of Group operations with the applicable laws and regulations.
Participate in special audit assignments at the request of Senior Management and report audit findings in a timely fashion.
Prepare regular audit reports supported by analyses, appraisals, and make practicable recommendations and suggestions to overcome audit findings.
Participate in audit review meetings related to regular audits to discuss audit findings with senior management and all concerned parties and prepare review reports and action plans.
People Management:
Prepare the manpower budget pertaining to required staffing levels, training and development, internal mobility and succession.
Identify objectives and KPIs, review the performance and potential of staff and make/approve decisions relating to appointment and termination, promotions and salary adjustments, disciplinary action, succession planning and development plans.
Ensure increasing levels of employee satisfaction and improve the efficiency of manpower.
Make requisite attempts to handle all grievances raised by subordinates in a prompt and effective manner.
Others:
Prepare periodic and ad hoc reports and presentations.
Document and maintain records of activities and process workflows on E-Synergy.
Adhere to Al-Sayer Group policies and health and safety regulations.
Perform other duties as requested by management.
1) Prepars policies for the audit activity and executes its technical and administrative functions.
2) Develops internal audit budget and resource requirements.
3) Conducts risk assessment and identifies risks and controls for key business processes.
4) Develops and executes a comprehensive audit plan and audit program for the evaluation of the controls over all group activities to ensure compliance with prescribed policies and procedures, official laws and regulations.
5) Lead, direct and supervise the audit staff members in accomplishing their audit work in accordance with acceptable standards, plans, budgets and schedules.
6) Provides executive management within the assigned location (or activity) with report on audit coverage and the results of the audit activity, discussing deficiencies and recommending corrective actions to improve operations, and interprets these results so as to improve the audit program and the audit coverage.
7) Appraises the adequacy of action taken by operating management to correct reported deficient conditions.
8) Summarizes significant issues for reporting to the Executive and
the Board of Directors.
9) Conducts special examinations at the request of Management, including the review of representations made by persons outside the Group.
Establishing a risk-based audit plan, developing and executing a comprehensive audit program for the evaluation of management controls provided over group activities, evaluating the accuracy and integrity of financial information, examining the effectiveness of all levels of management in their stewardship of group resources, and their compliance with established policies and procedures, recommending improvement of management controls designed to safeguard group resources, promote group growth and insure compliance with government laws and regulations, preventing and detecting fraud, directing, counseling and instructing staff assistants assigned to the audit and reviewing their work for sufficiency of scope and accuracy, conducting special audits as requested by management, communicating engagement results and monitoring the disposition of those results.
Al- Othman Group is a manufacturing & trading group of companies amongst which is Al Othman Agricultural Production and Processing Co. that produces NADA Brands of Dairies and Juices.
Compiling, reviewing and auditing corporate and partnership F/Ss, conducting engagements of agreed-upon procedures, providing consulting and advisory services, preparing annual reports and business plans and assessment of internal control systems of clients’ companies and providing tax services and tax consultancies.
Professional Accounting & Business Services Inc. is a CPA Firm.
Assessing income tax liability of individual taxpayers and partnerships by scrutinizing their accounting records, (examining amounts, balances and transactions along with its supporting documents) and investigating any differences therein according to the income tax rules and laws.
Preparing day to day journal entries, costing merchandise units, preparing F/Ss, Handling bank accounts & bank reconciliations tax reporting and closings.