Internal Audit Manager
Western Desert Operating Petroleum Company (WEPCO)
Total years of experience :25 years, 6 Months
Planning, organizing, directing, monitoring and reporting of Internal Audit operations and managing the Internal Audit staff
Assist MD’s in the identification and evaluation of the company's risk areas and development of the Annual Audit Plan
Manage the development and execution of Audit charter, procedures, including documenting processes and procedures, establishing testing criteria, reviewing and analyzing evidence, and identifying and documenting process and control issues.
Manage Performing special studies allocated by the Managing Director
Examine and evaluate the adequacy and effectiveness of internal control system.
Lead or facilitate meetings to discuss audit findings with Divisions heads.
Reports audit findings to the MD’s, ensuring that they provide an accurate picture of findings.
Co-ordinate with External auditors for interim and annual audit and follow up the execution of their recommendations .
Enhancing internal audit functions to further align to company strategy
Achievements:
Audit Charter and Internal audit code of ethics.
I.A.D Procedures.
Manage hundreds of Audit Programs covering All (WEPCO) activities .
Executing The Audit Activities (Planning using Risk Assessment Approach- Audit programs covering all activities ) For Borg El -Arab & Al- Alamein Petroleum Companies from( 2003-2007)
Executing The Audit Activities (Planning using Risk Assessment Approach- Audit programs covering all activities ) For Petrofayoum (2012-2013)
Development of up to date scientific system according to the IIA standards for many of oil & Gas companies
(SEDPIC - Elhamra Oil - WEPCO - AQP - petrofayoum - Borg El -Arab & Al- Alamein )
A Member of Special Mission Committee to overcome the AQP ERP system bottleneck problems (2011/2012)
Planning, organizing, directing, monitoring and reporting of Internal Audit operations and managing the Internal Audit staff
Assist MD’s in the identification and evaluation of the company's risk areas and development of the Annual Audit Plan
Manage the development and execution of Audit charter, procedures, including documenting processes and procedures, establishing testing criteria, reviewing and analyzing evidence, and identifying and documenting process and control issues.
Train Internal Audit staff in conducting interviews, reviewing documents, developing and administering surveys, composing summary memos, and preparing working papers
Supervise performing the long, short run plans for the internal audit division using the risk assessment approach.
Manage execution of the internal audit approved plan of regulatory, financial, and operational audits.
Manage Performing special studies allocated by the Managing Director
Examine and evaluate the adequacy and effectiveness of internal control system.
Lead or facilitate meetings to discuss audit findings with relevant department representative assigned for the audit and with Divisions heads.
Reports audit findings to the MD’s prepares written reports for areas audited, ensuring that they provide an accurate picture of findings.
Supervise the Revisions of the reliability and integrity of financial information and ensuring control over its publication for projecting a sound financial profile.
Co-ordinate with External auditors for interim and annual audit with providing required internal audit reports, communicate, assist and help them to perform their duties and follow up the execution of their recommendations .
Enhancing internal audit functions to further align to company strategy
Manage and follow up the updating risk register and reporting them to the MD’s.
Train Internal Audit staff in conducting interviews, reviewing documents, developing and administering surveys, composing summary memos, and preparing working papers
Supervise performing the long, short run plans for the internal audit division using the risk assessment approach.
Supervise execution of the internal audit approved plan of regulatory, financial, and especially operational audits.
Examine and evaluate the adequacy and effectiveness of internal control system.
Identify and document business processes and controls in order to evaluate risks and compensating controls
Attend meetings to discuss audit findings with relevant department representative assigned for the audit and with Divisions heads.
Reviews the reliability and integrity of financial information and ensuring control over its publication for projecting a sound financial profile.
Preparing comprehensive long range program of audit coverage for the assigned location taking into consideration the three categories of audit ( Financial - operational - compliance ).
Review Procedures and records for adequacy in accomplishing intended objectives and appraises policies and plans of the activity and functions under audit review.
Executing special audit examinations at the request of the Management.
Examine the effectiveness of various departments in managing the company resources and their compliance with established policies and procedures.
Prepare audit scopes and reports of audit findings and follow-up on recommendations
Review and check the financial reports for clients and collating, checking and analysing spreadsheet data
examining company accounts and financial control systems
STRATEGIC FUTURE LEADERS
financial reporting external auditing taxation managerial Accounting
