Manager Internal Audit
Sharjah Investment and Development Authority
Total des années d'expérience :26 years, 9 Mois
• To plan, organize and carryout the internal audit function including the preparation of an audit plan which fulfils the responsibility of the department scheduling and assigning work and estimating resource needs.
• To make recommendations on the systems and procedures being reviewed, report on the findings, recommendations and monitor management's response and implementation
• Reports risk management issues and internal controls deficiencies identified directly to the General Manager and provide recommendations for improving the Company’s operations, in terms of both efficient and effective performance
Saudi Industrial Project Company (SIPCO) is the largest and one of the strongest Pepsi Cola franchise in the Middle East region commanding a remarkable 80% + market share with above 600 million Dollar revenue annually. I am working here as Senior Manager Internal Audit reporting to Director Audit and managing a team of 5 members. My accountabilities include:
• Evaluate the audit risk areas and provide key input to the development and continual monitoring of the annual internal audit plan (IAP);
• Manage Internal Auditors in conducting audit interviews, reviewing their documents, working papers, and audit issues and recommendations;
• Conduct top level meetings / interviews with management, administer staff surveys and review detailed reports;
• Understand the Business of Sales, M&W, Finance, OED, CPS & IT and other processes and add value in their processes by reducing weaknesses and evaluating controls;
• Provide on the job training, coaching, and guidance to internal audit staff in conducting audits and other audit-related work; and
• Manage the department’s organizational and professional ethical standards and ensure all internal audit activities carried out or supervised are in compliance with The IIA’s International Standards for the Professional Practice of Internal Auditing.
State Audit Institution (SAI) is an independent audit authority which is established as Institution under Federal Law (7) of 1976 and is attached to the Federal National Council of U.A.E. It audits all the companies in addition to the Government ministries, departments and authorities in which federal government have a stake of 25% or more. I am working here as “Auditor” reporting to Deputy Director-Audit.
Major responsibilities are:
• Provide audit services to Ministries and public entities, ensuring the work conforms to the appropriate methodology and quality requirements.
• Promote the role and services of the State Audit Institution.
• Engage with personnel of Ministries and public entities to conduct audit work.
• Provide ongoing input to improvement of the audit methodologies and work practices.
• Audit Work:
Pre-engagement - complete all working papers.
Planning - complete working papers for identification of the component groups, materiality, control environment assessment, performance information, control reliance, substantive testing design, sampling, overall audit strategy and raising exceptions. Supervise analytical procedures, system descriptions, testing of controls some supervision of the substantive test design of other team members.
Execution - complete and supervise all working papers related to audit testing.
Reporting - complete schedule of over/under, subsequent events & the draft of the management letter
Etisalat stands 140th among the Financial Times Top 500 Corporations in the world in terms of market capitalization and is ranked as the 6th largest company in the Middle East in terms of capitalization and revenues. The Corporation is the largest contributor outside the oil sector to development programmes of the UAE Federal Government. I was working here as “Projects & Contracts Auditor”. My functions here includes but not limited to:
Executes and carries out audits primarily in the areas of
• Projects Expenditure Controls
• Capitalization of Fixed Assets
• Projects Payments
• Post-Audit of Projects and Contracts and determine compliance with company’s' policies and system of internal controls, applicable laws, regulations, industry trends and best practices along with identifying areas for improvement.
• Also perform special investigations as and when requested by the higher management
The Dawood Group is a Distinguished and trusted name in Pakistan. It is the 14th Biggest Group of Pakistan containing the Giants like Dawood Hercules Chemicals and Dawood Lawrencepur Limited. I worked here as “Deputy Manager Internal Audit”, reporting Directly to Chief Internal Auditor who report to Board Audit Committee. My functions here include:
• Preparation Of monthly audit report on operations to management and supervise stores and different location audits.
• Ensuring compliance with the legal and control procedures in all operating cycles.
• Help Chief Internal Auditor in preparation of Audit Documents like Internal Audit Charter, Annual Audit plan, Quarterly Reports to Audit Committee and review of different operational manuals.
• Help management in the capacity of advisor for the legal statutory requirements necessary for the public listed companies to comply with Corporate Governance requirements (Equivalent for Sarbanes Oxley Act in Pakistan
The Group is one of the leading groups of the country in the Spinning and Weaving sector. It is also involved in leather business, Footwear (Hush Puppies) and Construction. I worked in the Group as “Group Internal Auditor”. My span of control there includes:
• Analysis of financial statements of the group along with complying Listing rules.
• Working and Co-ordination with the External Auditors of the group.
• Supervising & reviewing the visits to the Mills/Factories to check & verify that all matters relating to finance & operations are in accordance with laws & regulations.
• Making and reviewing of the different Agreements, M.O.U’s and Contracts.
• Checking and Verification of all Income & Expenditure of the Group
Company is a leading Marketing & Distribution Company of Pakistan. Company has Branches all over Pakistan. I worked with the company as a “Senior Audit Officer”. This position has added to my decision-making abilities. My portfolio of responsibilities includes:
Reviewing internal controls for the Branches and Head office.
Verifying payments from Head office before payments. (Pre-Audit of payments.)
Checking and verification of various accounting and operational matters of Head office and branches and help top management in achieving their objectives.
Coordinator of various working of Marketing, Admin., H.R and Event management
During my tenure in the firm I was involved in statutory audits and other assignments of various sectors especially of Financial Institutions (Banking and Non Banking) and manufacturing concerns. I worked in a team member/leader capacity to achieve firm’s goals. I participated at various levels of the team hierarchy and gained valuable knowledge and skills.
• As Senior In charge
Audit planning, supervision, review planning staff requirements & their training;
Review of Internal Control systems, identifying weaknesses and development of suggestions, methods and procedures for improvement; and
Provision for assistance to the client in accounting functions & the preparation of financial statements as per International Accounting Standards and current practices.