Senior internal auditor
Abdul Mohsen Abdul Aziz Al Babtain Co.
Total years of experience :17 years, 6 Months
Senior internal auditor reporting directly to Audit Manager.
Responsibility includes overseeing all events, preparing checklists prior to event, assigning roles and responsibilities to other team members, preparing audit report post event and dissiminating to stake holders to ensure quality control.
Completed audits covering real estate rental revenues that had a financial saving opportunity in excess of KD 600, 000.
Took part in forensic audit at construction co. that uncovered financial fraud.
Took part in a regular audit that uncovered fraudulent operations in other sectors.
Completed audits covering operations such as warehouse, sales, accounts receivable, procurement, reconciliation, retail, insurance and industrial overseas assignment in India (small team, huge responsibility- delivered audit report to management).
Crafting policies and procedures documents for department.
Conducted opening meetings, audit framework on system, list of requirements and audit controls to be tested. Prepare final audit report and executive summary.
Devised method to create higher level analysis through review of system generated reports and creation of specified excel sheets using vlookup, pivot tables and filtering.
Trained several individuals (higher designation than myself) on rotation in department.
Completed overseas audits of major locations
Received double promotion (from staff to semi-senior) after 6 months of joining the department as a result of my hard work and quick understanding of a new environment.
Key task included setting up the zakat section which was newly introduced in Kuwait, establishing a client list and following up.
Prepared tax return for international companies operating in Kuwait (income tax), upon researching/ reviewing relevant treaties with country of origin to establish deductible items.
Translation of ministry circulars and directives from Arabic to English.
Tasks & Responsibilities:
Attended tax inspections of foreign companies, overview of revenues and expenditures, verifications of contracts etc.
Charged with informing new and existing clients of the requirements for new zakat tax; reviewing their annual financials; preparing the tax declaration; submission and payment to the ministry. Reviewing the assessment; preparing objection if unacceptable by client, following through with the dates and proper procedures.
Started up the division into a separate profit generating division, including calculating billable hours, billing clients and following up with the collections.
Accountant with Al-Khalid Group of Companies, handling the daily accounts for 6 different divisions,
Accountant with Al-Khalid Group of Companies, handling the daily accounts for 6 different divisions,
Various levels of office correspondence, general administrative and accounts skills, Bookkeeping, generation of ledgers, P&L Account, Balance sheet, Cash flow management, monthly reconciliations of bank and revenue, salary, overtime and deductions etc.
Costing of Local & foreign purchases, Reconciliation of various accounts etc.
courses: Certified Management Accountant (CMA) as of December 2011 Currently preparing CIA
courses: Certified Management Accountant (CMA) as of December 2011 Currently preparing CIA