Senior Internal Auditor
Sharjah Electricity & Water Authority
Total years of experience :9 years, 4 Months
Execution of internal audit plan, performing internal audit field-work following the planned audit programme and approach, in line with standard, issued by Institute of Internal Audit (IIA) and Audit Manual of the company.
Preparation of data analysis which will assist in driving the plan for the audit and assist in identifying the various sampling methodologies to be used & identification of key risks of the audited unit
Plan the objective of audit, determine the audit procedures & scope of the audit and prepare the audit program
Supervise subordinate auditors & assistants assigned to the team (co-sourced IT Auditors, Technical analyst etc.)
Obtain information directly or indirectly through examination of records or by interviewing employees
Assess the adequacy & effectiveness of internal controls, accounting & risk management systems
Review implementation of accounting /front end systems to determine reliability in respect of producing accurate accounts & records of transactions.
Review for compliance with rules & directives & for effectiveness of procedures.
Assess efficiency & effectiveness in execution of objectives of units audited.
Conduct discussions of audit recommendations & findings at close of audits with the Head of Audited Unit
• Prepare Audit reports recommending improvements & overall audit opinion
• Obtaining management action plans and reviewing implementation of action plan, in applicable cases.
• Follow-up on implementation status on a periodic basis as directed by top management
• Maintaining documentation in support of audit testing and audit issues.
• Review of audit execution documentation of internal audit department
Spearheading Audit planning and execution in compliance with Auditing standards (IFAC) & Morison audit methodology
Ensuring that the financial statements are as per IFRS and in compliance with the applicable laws and regulations
Preparing financial statements, internal audit reports, management reports
Accomplishing audit with an opinion on the financial statements
Instrumental in handling statutory audit of medium sized to large sized entities in UAE
Responsible for writing management letter for control weaknesses or major issues identified during audit