Internal Audit Manager
AW Rostamani Group
Total years of experience :13 years, 6 Months
▪ Reports to the Chief Audit Executive (Internal Audit Head of Department) and ensure that assigned audits are performed within the defined timeframe and KPIs;
▪ Perform audits in compliance with the IIA standards and ADAA requirements;
▪ Execute and assists the Chief Audit Executive on special management requests, consultancy
and ad hoc assignments;
▪ Prepare/review initial draft and finalize the internal audit report ensuring accurate
documentation of the observation/findings, related risk/impact and suggests resolution/audit recommendations for the audit conducted.
▪ Assists in the preparation of the annual risk-based audit plan and develop an audit program for the area of audit;
▪ Provides guidance, assistance and transfer technical knowledge to the members of the Audit
team and ensuring assigned tasks are monitored and carried out as instructed; and
▪ Coordinating and interacting with various levels of the organization.
▪ Reports to the Senior Audit Manager and ensure that assigned audits are performed within the defined timeframe and KPIs.
▪ Review audit scope and identification of risks and controls applying risk assessment models.
▪ Testing the design and operating effectiveness of existing internal controls.
▪ Familiarization of the Standard Operating Procedures of the various entities within the
Group.
▪ Ensuring compliance with the Group's policies and procedures.
▪ Preparation of draft audit reports expressing objective opinions on the adequacy and effectiveness of the system of internal control within which audit activities are carried out.
▪ Performs cross-border Internal audits within the GCC.
Manages the internal audit functions of the company with focus on financial, operational audits, investigations and consulting services
Conducts and initiates meetings with business process owners for process walkthrough and understanding
Prepares risk based audit plan and develop audit program for the area of audit
Carry out substantive testing and control test procedures
Records observations / findings during the course of audit / review
Drafts audit report and accurately documents the findings, impact, resolution, audit recommendations etc.
Discuss the findings with the auditee; and finalize report
Develops company policies, procedures and processes for the business units
Amends process based on the risk identified and business requirement
Ensure that the company practices and complies with the rules and regulations
Develops and creates management and operational templates and formats i.e. Budget, MIS, Authority Matrices, Procurement and Inventory optimization templates etc.
Performs fraud and disciplinary investigation by carrying out interviews, control and substantive testing
Ensure that the company practices and complies with the rules and regulations set by CBUAE with regard to anti-money laundering and terrorist financing.
Directly assist the manager in all phases of audit to provide solutions and control implementation to manage business risks.
Assist the manager in developing company internal policies and further enhance those which already exist.
Preparation of audit reports and subsequently provides assistance to the stake holders to resolve noted control weaknesses and inexistent controls.
Performs branch audits for exchange houses across UAE
Consistently identifies loopholes and recommend risk preventive measures and cost savings
Conduct follow up audits to monitor implementation and management interventions.
Engage to continuous professional education regarding sector’s rules, regulations, best practices, tools, techniques and performance standards.
• Designing and preparation of audit plan and the audit program
• Evaluating the relevant risks factors and identifying the company controls
• Evaluating the design effectiveness of the controls and testing its operating effectiveness
• Evaluating controls and advising managers at all levels
• Reviewing compliance and ensures that the organization is adhering to rules, regulations, laws, codes of practice, guidelines and principles as they apply individually and collectively to all parts of their organization.
• Directly reports to the manager as to the results of the conducted process audits.
Company Isla Lipana & Co.
A member practice of world-wide PriceWaterhouseCoopers
29th Floor Philamlife Tower, Paseo de Roxas,
Makati City, Philippines
September 2011 to present
Position Associate auditor
Company Profile PricewaterhouseCoopers provides industry-focused assurance, tax, and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 161, 000 people in 154 countries across our network share their thinking, experience, and solutions to develop fresh perspectives and practical advice.
Work Description
● Applies accounting and auditing concepts to ensure efficient and effective examination of client's financial statements
● Executes audit fieldwork and the status of engagement from planning, risk assessment, execution of audit procedures, conclusion and reporting and wrap up of audit to engagement manager and engagement partner.
● Performs substantive procedures and analytical reviews to obtain competent evidential matter
● Reviews, tests, and evaluates client's internal controls over financial reporting (Sarbanes-Oxley)
● Delegates and supervises work of staff members assigned to the team and has acted as a counselor by establishing feedback sessions in accordance with the performance measures
● Assist clients on the consolidation procedures and preparation of figures, and supporting schedules on the audited financial statements and tax returns in accordance with local and International Accounting Standards and statutory requirements by the Philippine Securities and Exchange Commission and Bureau of Internal Revenue.
● Interacts with client at various levels from the start of engagement up to delivering the audit issues and findings noted during audit.
● Actively establishes, maintains and strengthens internal relationships
Company Navarro Amper & Co. (formerly Manabat Delgado Amper & Co.)
A member of Deloitte Southeast Asia Ltd
7th flr. Salamin Bldg, Salcedo St.
Makati City, Philippines
October 2010 - September 2011
Position Associate Tax Auditor II
Profile Deloitte is a brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients.
Comprising over 230 partners and 5, 300 professionals in 22 office locations, the subsidiaries and affiliates of Deloitte Southeast Asia Ltd combine their technical expertise and deep industry knowledge to deliver consistent high quality services to companies in the region.
Work Description
● Preparation of monthly, quarterly and annual tax returns for corporate and individual (global employer services)
● Specialized in expanded withholding taxes, VAT, Final withholding taxes, Income tax and Bureau of Internal Revenue assessment cases.
● Delegates and supervises work of staff members assigned to the team and has acted as a counselor by establishing feedback sessions in accordance with the performance measures
● Interacts with client at various levels during the tax audit and delivering the tax issues and findings noted.
● Preparation of protest letter in correspondence with the BIR assessment notice.
Polytechnic University of the Philippines Manila Philippines
Tertiary: Bachelor of Science in Accountancy Polytechnic University of the Philippines, Manila Academic Years 2005-2009