Senior Internal Auditor
Alturki Holding
Total des années d'expérience :9 years, 9 Mois
My role as senior member of the internal audit team provided me the opportunity to gain a greater understanding of businesses’ internal processes and each function’s workflow. It has also granted me the knowledge to evaluate a certain business function, find weaknesses, what could go wrong and recommend improvements based on best practices. My scope of work includes:
- Evaluate and test the adequacy of internal controls. - Recommend improvements in controls and workflow cycles.
- Assess compliance with policies and procedures and sound business practices.
- Assess compliance with Local laws and contractual obligations.
- Investigate reported occurrences of fraud, embezzlement, theft, waste.
- Review changes in delegation of authority matrix and advise executive management on validity of changes.
My time at KPMG gave me the ability to examine the financial statements of an organisation to
ensure the validity of the financial reporting process. Collaborated with others to meet deadlines and
deliver quality work. In-charged various engagements with client of different sectors, which includes
industrial factories, wholesale and retail and my scope of work was;
- Planning: comprehensive understanding of the business, identifying risk areas, nature of
transactions and testing the control environment of the entity.
- Audit: testing all caption within the financial statements, ensuring the entity is applying the
accepted accounting standards and labour law of Saudi Arabia such as SOCPA and
International financial reporting standards and proposing adjusting entries where needed to
correct the presentation of the financial statements. I would also prepare a letter to
management that include all control weakness areas found throughout panning and audit. I am
also responsible for the preparation of the financial statement.
- Completion: an opinion on the fairness of the presentation of the financial statements of the
company is communicated and discussed directly with the engagement manager.
I was also part of teams that audited complex clients that include Sadaf petrochemical company,
Jubail Chemical Storage Services Company, General Electric, Jubail Water Electricity Company and
publicly traded companies such as Sahara Petrochemical Company and Eastern Cement. My tasks
included:
- Understanding of business cycles such as sales, purchases and inventory and internal controls
to identifying risk areas
- Testing of various financial statements’ captions
- Following up with junior auditors in the team and reporting to engagement supervisor.
