Group Internal Audit Manager
Kooheji Contractors
Total des années d'expérience :14 years, 10 Mois
• In charge of internal audit & risk management at the group level. The scope covers the following companies; Kooheji Contractors, Developers for Sale of Real Estate, Royal Ambassador Property, The Canadian School Bahrain S.P.C., Paschal Concrete Forms, Insulated Building Systems Factory, Global International for General Trading, Ershad Real Estate, Logistics Village Management, Al - Candri for Sweet Water, Al Rabya, Medad Real Estate Company, Marina Park Real Estate, Fontana Infinity Real estate and Mabarrah Abd Al - Raheem Al - Kooheji Foundation (Private Foundation).
• Provide an independent, objective assurance, as well as consulting services designed to add value and improve the company's operations and accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
• Establish integrated enterprise risk management framework.
• Develop a comprehensive process for assessing, identifying, monitoring and reducing pertinent risks.
• Conduct risk assessment throughout all the companies and projects.
• Plan and direct risk-based process & risk management strategies and programs to identify control weaknesses, identify key business implications and recommend remedial actions.
• Establish and maintain a comprehensive risk register.
• Promulgating risk management culture by coordinating the risk management process to ensure that risk is evaluated & taken into account in business decisions.
• Assessment and reporting of the identified risks and develop the required to manage and mitigate the identified risks.
• Link risk appetite with capital and profitability measures.
• Ensure that the operating framework meets internal and statutory requirements.
• Set up Tax framework and review the compliance for related Tax transactions
• Conduct feasibility studies for all potential investment opportunities
• Ensure the compliance of company policies, procedures and the integrated management system ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018
• Lead the internal audit activities for Quality Management System ISO 9001: 2015, Environmental Management System ISO 14001:2015 and Occupational Health and Safety Assessment ISO 45001:2018
• Set up & monitor corporate, departmental objectives and action plan.
• Steer ERP implementation and design the required functional areas.
• Develop data visualization reports and dashboards for senior management.
• Analyze the feasibility for the potential and current investment portfolio
• Continuous coaching, training and mentoring for all staff.
Main Projects:
National Security Agency, IKEA, Fontana Suites, Fontana Gardens, Ariva, Spring Field Amwaj, Spring Field Juffair, Fontana Infinity, Seef Avenue, Catamaran, Canal View, Juffair Square, One Bahrain Bay, Marassi Boulevard, Seef Residence, First Energy Bank, Canadian School - Bahrain, Power School and EPMS Implementation.
• Develop & implement financial & administration systems to diverse sectors including construction, services, trading, sport, food & beverage, nonprofit, education, real estate and government.
• Prepare feasibility studies, pre-feasibility studies and business plans through perform extensive analysis to the current & potential market, identify technical requirement and draft the financial assessment.
• Perform audit & assurance services, the services include; statutory audit, internal audit, accounting advisory, risk assessment and regulatory compliance.
• Search for new business opportunities to the company through market the company services to the existing & potential clients.
• Draw up commercial & technical proposals and deliver the required awareness sessions to convince the client to accept the offer.
• Build up the project plan in order to define the appropriate approach to be used by the project team, taken into consideration the scope of work & available resources.
• Create and maintain conducive working environment to the project resources.
• Ensure the effective communication and implementation to the projects.
• Monitor the projects progress to ensure adherence to the deadlines parallel to quality assurance review to all project deliverables prior the submission.
• Provide ongoing coaching, guidance and assistance to the projects resources.
• Evaluate the closed projects performance & report the findings to the management.
• Develop enterprise resource planning (ERP) business process flow through understanding business environment and analyze current operational procedures.
• Perform ERP Functional testing
• Develop the organizational structure & job descriptions.
• Form cost benefit analysis studies.
• Business process re-engineering
• Strategic plans
• Business modelling
• Merger & acquisition
• Due diligence
• Financial diagnostic studies
• Valuation services
• Assist in ISO 9000 system creation & implementation.
Main Projects:
Bahrain Main Projects
• Bahrain Defense Force/Military Consumers Association: External audit for the ended year 2013.
• Bahrain Football Association: ERP analysis, financial policies & procedure, setting up the organizational structure and job descriptions creation.
• Talal Abu-Ghazaleh University: Develop the organizational structure and business process re-engineering to the financial regulations & the university bylaws.
• Ministry of industry and commerce: Patent & utility models services price restructuring.
• Ministry of Culture: Financial & administration policies and procedures
• Alireza & Sons Group: Financial policies & procedures
• Mesk Holdings: Financial standards operating procedure
• Kooheji Contractors: Financial standards operating procedure
• KMC Holding, KMC Contracting, KMC Real State and KMC Building Materials: Business process re-engineering/financial & administration.
• Dar Al Nabaa’: Feasibility study for establish Aquaponic systems in Bahrain
• Al-Noor Charity: Financial polices & procedures
• Seef Dental Hospital: ERP Analysis
Qatar Main Projects
• Qatar Development Bank Pre-feasibility study to:
- Establish livestock medical center in Qatar.
- Establish dry cement factory in Qatar.
- Establish fishing company in Qatar.
- Establish nail spa in Qatar.
- Establish sword-manufacturing facility in Qatar.
- set up tourism office in Qatar.
- Set up kid’s zone in Qatar.
- Establish labor-training center in Qatar.
- Business plan for establishing a manufacturing plant for aluminum composite panel in Qatar.
- Feasibility study with business plan to set up adhesive factory in Qatar.
• Al-Kobaese International Group: Feasibility study for setting up porta cabin factory in Qatar.
• Al-Shareef Holding: Market analysis to establish a large-scale labor accommodation setup in Qatar
Saudi Arabia Main Project
• Jheir Trade Services: Feasibility study for manufacturing unit for producing plastic pallet from plastic waste in Saudi Arabia.
• Oversee the finance and bookkeeping activity.
• Responsible for reviewing and verifying records to ensure its compliance with policies and standard of the organization and with international related standards, laws and financial regulations in Jordan.
• Develop and implement policies & procedures with emphasis on internal controls.
• Plan, coordinate and execute annual financial audit.
• Manage projects funds and expenditures.
• Prepare & file the tax return.
• Responsible for developing internal audit procedures.
• Establish risk-based audit programs.
• Evaluates and provides reasonable assurance that risk management, control, and governance systems are functioning as intended and will enable the organization's objectives and goals to be meet.
• Reports risk management issues and internal controls deficiencies identified and provide recommendations for improving the organization's operations, in terms of both efficient and effective performance.
• Lead internal audit for all branches, which include planning, executing, directing, and completing the internal audit.
• Maintains open communication with management and the audit committee.
• Cost Benefit Analysis
• Accounting Consultation
• Financial Diagnostic Studies
• Financial Due Diligence
• Valuation Services
• Lead client audit engagements, which include planning executing, directing, and completing financial audits.
• Prepare statutory financial statements
• Review audit work papers prepared by the audit staff to ensure sound audit theory and compliance with the department's methodology.
• Present findings and recommendations to all levels of management.