Majed AlAteek GRCP GRCA

Communicate high potential risks and issues with audit committee in order to fulfillment IA standers, Board of director's requirements, and all issues need to escalate
Providing assurance on the effectiveness and efficiency of operation performance, the reliability of financial reporting, and compliance with applicable laws and regulations in terms

Carry out enhancing of internal controls, audit activities, risk assessment and compliance management as an advisory service.
Ensure effective organization and documentation of AC meetings (meeting agenda, meeting minutes).
Effective record keeping and management.

Establish internal audit department including develop, organization structure, audit charter, policies and procedure.
Providing reassurance on the effectiveness and efficiency of operation performance, the reliability of financial reporting, and compliance with governmental systems and regulations in terms of manage audit projects, and analyze direct financial, operational, and IT findings to communicate with business owners.
Reporting audit points to His Excellency the Minister directly in order to promote recommendations

Assessing the financial, operational governance in risk perspective by conducting audit assignments.
Leading audit team that promoting work quality and leadership management.

Communicate high potential risks and issues with audit committee in order to fulfillment IA standers, Board of Director's requirements, and all issues need escalated.
Lead and supervise audit team in conducted audit projects in order to communicate audit points with line mangers of division, in terms of manage audit projects, and analyze direct financial, operational, and IT findings to communicate with business owners.
Providing reassurance on the effectiveness and efficiency of operation performance, the reliability of financial reporting environment, compliance with applicable laws and regulations .
Communicate quarterly executive audit report to audit committee including the highest risky observations, projects progress, and IA staff performance.
Improve business organization and control environment in terms of enterprise risk management ERM COSO framework by providing to management with an in-depth and unbiased understanding of the risks that the organization may be facing, allowing for preventive action plan.
Communicate with company officers and directors forewarning of ethical and legal issues that the organization may be facing in business environment and hospitality industry.
Coaching and developing subordinates during managing audit team through job training in audit processes.

Develop audit plan of Internal Audit Division (Including identify auditable areas, risk assessment, ranking entities)
Director acting of Investment& special assignment audit Department.
Mange and perform financial, operation, IT, and compliance audit assignments team to come up with audit findings, observations, risk impact, and recommendations that present to audit committee through executive summary report.

-Develop audit engagement objectives.
Lead audit team members in all phases of engagement from planning till final report

• Prepared the Operations and Manpower budgets of the BUs and FUs in STC. Prepared the capital budgets of the BUs and FUs in STC. Performed budgeting control. Determined and analyzed variances between the Approved budget and the actual performance quarterly by issuing the report.
• Prepared audit program for the Budget Department, Assessed the Procedures and processes in detail.

Prepared the balance sheet cash flow and income statement of a SR18 billion Organization. Developed Accounts policies in the Financial Control Activities. Designed and Developed forms of Operation Projects Appraisal