Audit Manager & CIA, GRC Consultant
Panther Associates
مجموع سنوات الخبرة :21 years, 8 أشهر
strategic financial advisory services and co-investments opportunities to a diversified client base, guided numerous companies in navigating the micro and macro challenges facing businesses today (, Full Time Jan 2024 - Present :
o Lead and oversee consulting projects for clients such as Internal Audit Services, Risk Management Services, Corporate Governance Services, Compliance Services, Developing Policies and Procedures Manuals, Internal Controls Review. o Manage a team of audit, risk consultants and providing guidance on GRC principles, methodologies to ensure effective execution of audit activities. o Analyses and evaluate risks and controls by reviewing documentation, conducting interviews, and performing data analysis to identify control weaknesses and areas for improvement. o Collaborate with clients to understand their risk appetite, risk tolerance, and business objectives to customize risk management solutions that align with their needs. o Conduct risk assessments to identify and evaluate risks across various business areas, including operational, financial, strategic, and compliance risks. o Prepare and present comprehensive reports to clients, highlighting key findings, recommendations, and action plans to mitigate risks and enhance controls. o Stay updated with industry regulations, emerging risks, and best practices in risk management, and provide guidance to clients on related matters.
Audit planning activities including consulting with the business to collect background
information and documentation to conduct field work as well as support the assessment of risk,
determine the scope of the audit and develop a comprehensive testing plan.
o Determine business objectives, main functions, and the nature of activities, potential risks and
controls to be reviewed.
o Developed audit schedule for team members and prepared annual Audit plan risk-based.
o Conduct Enterprise Risk Management projects including working on ERM frameworks, ERM
policies and procedures.
o Work on handling and managing tasks assigned by audit director relating to Enterprise Risk
Management and internal audit plan.
o Develop a detailed audit program, Risk & Control Matrix (RCM) for the assigned audit
including the objectives, potential risk, key controls, audit procedures and use of audit
techniques and tools to evaluate governance, risks and controls processes.
o Performs testing of key controls and protocols to determine whether control are adequate,
operating effectively and identify significant control weaknesses.
o Appraise the adequacy of the corrective actions taken by management on audit recommendations
through follow up and periodically review and update the status of management action plans.
o Liaises with internal and external stakeholders including Internal Audit staff, auditors of
subsidiaries companies to maintain effective communication and support the ongoing mitigation
of any audit risks and areas of exposure.
o Promote a culture of innovation and continuous improvement through adapting to changes in
international standards, changes in the business environment.
of subsidiaries huge companies in multiple fields of commercial, industrial, tourism and services (, Full Time Jan 2020 - Jan 2024 :
o Audit planning activities including consulting with the business to collect background information and documentation to conduct field work as well as support the assessment of risk, determine the scope of the audit and develop a comprehensive testing plan. o Determine business objectives, main functions, and the nature of activities, potential risks and controls to be reviewed. o Developed audit schedule for team members and prepared annual Audit plan risk based. o Conduct Enterprise Risk Management projects including working on ERM frameworks, ERM policies and procedures. o Work on handling and managing tasks assigned by audit director relating to Enterprise Risk Management and internal audit plan. o Develop a detailed audit program, Risk & Control Matrix (RCM) for the assigned audit including the objectives, potential risk, key controls, audit procedures and use of audit techniques and tools to evaluate governance, risks and controls processes. o Performs testing of key controls and protocols to determine whether control are adequate, operating effectively and identify significant control weaknesses. o Appraise the adequacy of the corrective actions taken by management on audit recommendations through follow up and periodically review and update the status of management action plans. o Liaises with internal and external stakeholders including Internal Audit staff, auditors of subsidiaries companies to maintain effective communication and support the ongoing mitigation of any audit risks and areas of exposure.
o Promote a culture of innovation and continuous improvement through adapting to changes in international standards, changes in the business environment.
policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives; preparing audit programs. o Evaluate and assess risk exposure and internal control system by identifying areas of non compliance; evaluating manual and automated financial processes; identifying process weaknesses and inefficiencies and operational issues. o Collect and analyze data to detect deficient internal control, duplicated efforts, fraud, or non compliance with laws, regulations, and organization policies. o Planning and performing financial and operational audit as well as advisory functions in accordance with internal audit global standards and applicable laws, regulations. o Communicate audit progress and findings by providing information in status meetings highlighting unresolved issues; review working papers, issuing final audit report.
Audit Manager, North Africa for Shipping and Tourism Company (Nasco Tours), Full Time Dec 2015- Dec 2017:
o Prepare internal audit program to all company departments (financial - sales operations - Purchases- HR) and reporting critical results immediately to board. o Provide assurance and consulting services to improvement an organizations operations. o Examine, evaluating an adequacy and effectiveness of organizations governance, risk management and internal control process to achieve organizations stated goals. o Evaluating the established system to ensure compliance with internal policies, plans, procedures, external applicable laws, and regulations which could have a significant impact on the entity. o Evaluating the means on safeguard of assets and verifying the existence of assets.
o Conduct audit engagements as per annual audit plan. o Review work results to providing reasonable assurance that work had performed efficiently. o Measuring performance against the standards and Examine, analyzing the deviation. o Ensure of segregation of duties by separate each of custody, record, authority and reconciliation. o Recommend practical improvements options corresponding to the observations with an objective to contribute to the improvement of governance, risks and control processes to assist in the achievement of the company business objectives. o Follow up audit engagements to measure extent of implementations.
o Assist senior auditors in examination and analysis of records through executing audit program for the assigned audit to company branches (more than 80 branch at Saudi Arabia Kingdom). o Assist in evaluate of adequacy and effectiveness internal control process. o Helps in analyzing and revises administrative, financial and operational procedures and policies, and makes recommendations to improve control. o Ensure that all financial transactions are prepared and recorded with the standard of accounting principles. o Review treasurys custody, sampling of sales invoices, journal entry. o Prepares preliminary draft audit report, highlighting discrepancies and non-compliance issues and recommending new additional controls to mitigate such deficiencies. o Provide technical support and advice to branch manager and stuff.
o Prepare business activity reports, financial forecasts, and annual budgets. o Assistance in preparation of budget - balance sheet, financial statements and wages & salaries. o Preparation of supplemental data, P&L Analyses & plan Vs actual analyses. o Manage all accounting transactions with monthly, quarterly, and annual closings. o Responsible for zakat and tax planning throughout the fiscal year; files monthly VAT and annual zakat return. o Review projects financial modules including assumptions, valuation, cash flows and outputs. Follow-up real estate, delayed rents and sending warning letters to collection with dues amounts. o Ensure all internal controls and guidelines for accounting transactions and budget are being implemented and followed.
o Analyses financial information and summaries financial status. o Ensure that financial transactions conducted and recorded properly and correctly. o Review and recommend modifications to accounting systems and procedures. o Review the payable and receivable checks, matching them with bank statement and preparing bank reconciliation. o Participate in financial standards setting and in forecast process. o Prepare financial statements and produce budget according to schedule. o Secures financial information by completing database backups. o Protects organizations value by keeping information confidential. o Proficiency to working at (Alpha Egypt) accounting system program.
o Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information. o Prepare monthly report of sales taxes. o Post and process journal entries to ensure all business transactions are recorded. o Recommending ways to reduce costs and increase profits. o Update accounts receivable and issue invoices. o Update accounts payable and perform reconciliations. o Assist senior accountants in the preparation of monthly/yearly closings.