Group Corporate Assurance ( Group Internal Auditor)
Al Rostamani Group of Companies
Total des années d'expérience :15 years, 0 Mois
• Carries out audit and assurance work as per the designed annual plan
• Performs operational and financial audits in accordance with the annual audit plan to evaluate:
The existence, adequacy and effectiveness of internal controls
Compliance with company policies and operating procedures
Compliance with statutory provisions as applicable
Controls on safeguarding of assets
• Handles procurement audit (contract management, vendor/sub contractor management, payments pre audit, CAPEX); receivable audit (customer management, credit and collection management, provisions; revenue (invoice documentation, recognition); expense analysis
• Does branch and location visit and on the spot audit for services, trading companies and other financial services companies (Exchange House)
• Conducts ad-hoc investigations and reviews as and when required and any other additional tasks the Line Managers may assign
• Performed internal audit (operations, financial and for other support department including Health, Safety & Environment, Hygiene & Quality, Technical & Maintenance Department) as per approved audit plan. Perform pre audit on payments, payable audit, receivable and revenue audit,
• Prepared high level risk-control matrices and perform other planning procedures
• Drafted audit reports and recommendations
• Assist departments in preparation of their Dashboard, SLAs and KPIs
• Performed RCA(Root Cause Analysis)
• Did statutory audit according to International Standards on Auditing
• Drafted and finalize financial statements
• Prepared management letter and recommendation
• Did internal audit engagements
• Did feasibility studies and business development studies
• Did bookkeeping and compilation engagements
• Oversaw the operation of Internal Audit Section/Unit.
• Devised the audit program template (from planning, execution up to completion phase), report templates, quality assurance templates
• Improved the operational systems, processes and policies in support of organizations mission -- specifically, support better management reporting, information flow and management, business process and organizational planning.
• Managed and increased the effectiveness and efficiency of Head Office (HO) Support Services(HR Department, General Services Department, Accounting and Treasury Department, IT Department), through improvements to each function as well as coordination and communication between support and business functions.
• Provided resolution and recommendations that protect company's assets from possible losses including but not limited to assets among others department.
• Prepared the departmental plans, budget and manpower requirement every fiscal period. Consolidates and submits fiscal reports of the department.
• Evaluates the effectiveness and efficiency of each audit engagement.
• Visited branches to ensure that credit documentation and procedures are being followed
External audit:
• Did statutory audit according to International Standards on Auditing
• Drafted and finalize financial statements
• Prepared Annual Income Tax
• Prepared management letter and recommendation
• Supervised staff on meeting the audit scope and timeline; handles 5 audit staff
• Prepared the FS template for Company use under IFRS for SMEs Financial Statements and some related auditor’s report
• Reviewed FS for FS disclosure appropriateness and completeness
Internal Audit:
• Did audit to scan Company’s internal control deficiency and weakness
• Ensured that the company policies are being followed and if procedures are being performed in line with the Company’s operations, reporting and compliance objective
• Recommended internal control policies on treasury (collection and disbursement), revenue and receivable, purchasing and payable, payroll, production
• Companies handled include: F&B, Financial Services, Lending institutions