Part-time Director Of Finance & Audit
Dar Al Reyada Accounting & Tax Agency
مجموع سنوات الخبرة :20 years, 1 أشهر
Providing accounting, Tax & Internal Audit services to more than 100 clients from different sectors like clinics, car heavy equipment trading, general trading, advertising, real estate, engineering services, Oil & Gas, and others
1- Led a number of risk assessment and planning process to identify and assess both the likelihood & potential impact
of various risks along with the evaluation of the existing internal controls to determine their adequacy in reducing the
identified risks to manageable levels that results in the initiation of long-term & annual internal audit plan for different
clients in UAE & Qatar in different industries such as Government, Retail & real estate sectors.
2- Managed Internal Audits for clients in Qatar and UAE.
3- Evaluated the effectiveness of design & implementation of internal control structures and report material internal
deficiencies to Senior Management, Audit Committee & Board of Directors.
4- Led the development of risk management function and related framework in different sectors and established the
enterprise-wide risk registers which include the top 10 risks with the mitigation plans
5- Reviewed the process & operations of Finance function for a number of clients to improve the performance and
enhance its capabilities.
6- Reviewed the Process Annual budget and annual & interim financial statements preparations for a client in Saudi
Arabia to ensure the compliance with global standards & local regulations.
7- Conducted numerous awareness sessions in the field of Rik management, Internal Audit and corporate governance
8- Led the development and implementation of ISO 31000 requirements for several clients.
1- Assist in Developing Strategic and short term objectives for internal audit department.
2- Review the internal audit reports before the final approval from the internal audit director.
3- Supervise and oversee the projects of IA in MOHRE like whistle blowing, Fraud risk assessment, quality assurance governance.
4- Review the current Internal Audit policies and procedures in MOHRE and then improve them.
5- Review and enhance Internal Audit charter in MOHRE.
6- Review and improve Internal Audit KPIs
7- Submit a monthly report to the top management in MOHRE about status of high risk observations and the status of recommendations.
8- Enhance the awareness of MOHRE employees around the concepts & procedures of internal audit, Risk management, corporate governance & internal control.
9- Prepare the MOHRE files to participate in the global and local internal audit wards. MOHRE has won an award in the regional Internal Audit conference.
1- Approved Tax Agent from the Federal Tax Authority (FTA) in U.A.E which enables me to represent groups of companies
as their tax agent in front of the FTA.
2- Providing accounting and financial & Tax advisory services to more than 70 clients from different sectors like clinics, car
heavy equipment trading, general trading, advertising, real estate, engineering services, Oil & Gas, and others.
3- Enhancing our clients’ accounting and tax systems which enables them to provide their management with reliable & timely financial information and to comply with Tax regulations.
4- Boosting the annual revenue of Dar Al Reyada by 50% in 2018, this happened from attracting new clients & gaining
new contracts from existing clients.
5- Increasing the clients’ Loyalty & satisfaction rate from 75% in 2017 to 92% in 2018 by building strategic relationship
with clients.
6- Improving the awareness of our clients in Tax practices & legislations.
Achievements
1- Enhancing business processes:
• Establishing risk management department in Emirates Transport, with required policies and annual plans.
• Experiment in Working with senior management in developing organization’s strategies and five years plans
• Instrumental in establishing fraud examination function in ET and developing required policies and procedures
• Initiated measures to ARIS risk module to identify and mitigate operational risks in the daily operations.
• Developing the risk appetite statement, and integrating it to decision making process, strategic planning activities and daily operations.
• Managing the risks related to ERP adoption project and construction projects at every phase of the project lifecycle (Initiation, Design and Final Design, Tendering, Awarding, Construction and Delivery).
• Developing Key risk indicators as an early warning indictors for emerging risks.
• Assigning roles and responsibilities related to risk management to the board of directors, Audit committee, Executive risk management committee, heads of business units and other employees
• Assisting Emirates transport in obtaining an ISO 31000:2009 compliance certificate which was awarded from an international audit firm (Vincotte). This certificate enhances emirates transport’s operations and processes.
2- Enhancing financial position (Enhancing revenue, reducing costs & protecting assets):
• Under revenue enhancement, risk management has participated in the growth of Emirates transport revenue by Identifying, analyzing and managing the risks of new markets expansion and development of new business lines (new services)
• Under cost reduction, top risks that have great impact on organization’s expenses were identified and mitigated which led to reduce operational expenses than before (like risks related to fuel, spare parts, maintenance ..)
• Under protecting corporate assets, risk management identified and mitigated risks associated with assets loss or misuse (Like enhancing car and assets insurance policies, reducing stolen or lost spare parts, ..)
3- Learning and development:
• I created an annual distinguished awareness program called risk management awareness month. During this ongoing event, more than 10 awareness sessions are conducted to employees from different functional levels at different locations in two languages (Arabic and English). Also awareness leaflets, emails, and articles are published and distributed among all employees.
• I appointed risk champions in each business unit for the purpose of identifying emerging risks at their units and then report these risks to the Risk Management Department using predetermined forms. I educated the Risk champions for the sake of identifying, analyzing and reporting on top risks to Risk Management Department through face to face meetings, awareness workshops and educational emails
• I wrote many articles about risk management definitions, methodologies and mitigation techniques in our company’s magazine and in global professional magazines
1. Conducting assurance assignments, as per annual plan, to evaluate the adequacy of Internal controls, corporate governance, and risk management practices and framework, in RTA departments and projects, then provide valid and applicable recommendations to improve the controls.
2. Conducting Consulting assignments to RTA departments and projects to evaluate controls and suggest improvements.
3. Assessing the adequacy and completeness of Risk register and reporting process of high risks in RTA departments and projects to senior management and board.
4. Assisting management to initiate risk management plan at RTA.
I participated in the establishment of Risk management department in Islamic International Arab Bank. I performed the following achievements:
a. Participating in Building an Extension Plan to the IIAB outside Jordan.
b. Developing a comprehensive short-term and long-term strategies in risk management.
c. Establishing policies, procedures and framework for IT Security and operational risk at IIAB.
d. Developing in house training and awareness programs for staff about Information Security and risk management issues
e. Issuing regular Risk-related reports to board of directors and Senior management about status of key risks in IIAB
1. Handling all the customer relationship procedures
2. Handling all the transfer procedures and missions
3. Handling the accounting and auditing missions related to local branch.
4. Handling Reconciliation between budget and actual expenses of the branch in regular basis.
Master
Summer program
Accounting
Scientific stream