Hyder Ali Mirza

Result Areas:
● Controlling full audit cycle including risk management and control management over operations- effectiveness, financial reliability and compliance with all applicable directives & regulations
● Determining internal audit scope and developing annual plans
● Identifying enterprise-wide cost efficiencies, providing strategic insights to improve business performance, and providing key insights
to focus on the risks that matter
● Performing work on complex or high risk audit areas as assigned
● Identifying changes needed for Sarbanes Oxley (SOX) testing for the International division, despite challenges of differing processes
and computer systems
● Improving communication processes between client, advertising firm and their international offices by developing standardization for
communication and reporting
● Presenting the annual audit plan and quarterly audit results to the Audit Committee and the Board of Directors
● Establishing policies and procedures for the auditing activity through the creation of an Internal Audit Charter, Internal Audit Manual,
Internal Audit Plan
● Developing professional capability of audit staff & project management personnel by conducting on-the-job training, staff meetings and
seminars
● Designing a systematic process for annual and quarterly audit scheduling based on a company-wide risk assessment and interaction
with senior management with focus on ensuring accomplishment of the department's audit plan and complete audit coverage
● Developing the framework and documentation for the company’s Enterprise Risk Management (ERM) program that served as the
base for subsequent monitoring
● Successfully performing quality assessment of the Internal Audit function and reviewed files in accordance to the International
Standards for the Professional Practice of Internal Auditing

Value Proposition:
● Achieved improved organizational resilience in Change Management for strategic projects and adapted corporate governance culture
● Restructured financial statements for a fair reflection of company results and achievements.
● Instituted a process for reconciling credit notes from suppliers since inception, uncovering unapplied credit notes
● Played an integral role in cleansing the CRM database to attain 30% of lapsed points removed from the database.
● Trained and ensured compliance with GTA (General Tax Authority) resulted in the total saving of 100% on external partners' fees.
● Reduced stock losses and frauds by 15% after auditing and monitoring critical SOPs.

Audit & Internal Control:
Managing the complete planning and management activities for ensuring completion of various types of audits within the time and cost parameters.

Preparing audit programs, scope for audit and responsible for delegation of work to subordinates.

Conducting verification of books of accounts for detection & prevention of potential fraud. Ensuring that accounts prepared are both reliable & prepared in accordance with set guidelines.

Evaluating internal control systems / procedures, preparing audit reports with a view to highlight the shortcomings and implementing necessary recommendations.

Understanding audit requirements; observing & validating process for following quality procedures.

Preparing documentation for audit observations and the conclusions derived.

Risk Management
Devising and effectuating risk policies & managing wide risks and implementing effective mechanisms to mitigate the same.

Identifying, ranking and validating risk priorities.

Handling overall risk in operations involving risk assessment, internal / external rating, as well as monitoring risk.

Ensuring appropriate risk management limits, control mechanisms and mitigation strategies are in place.

Operational Audits for all retail stores across GCC

Preparing analytical & critical review of Budget/MIS

Devising a re-modeled comprehensive audit checklist to tackle Store Operations Audit

‘Cost Benefit Analysis’ as and when required by the CEO/Directors of the company

Analytical Review of Financial Statements, Variance Analysis of Profit and Loss Account and Balance Sheet

Brought up the discrepancy recovery percentage by 20 %; restricted escalation of damages & pilferage percentage to sales by 1.5%.