Internal Audit Director
National Water Company
مجموع سنوات الخبرة :14 years, 6 أشهر
• Develop IA Charter, Audit Committee Charter and Internal Audit Manual.
• Present the Internal Audit Department Budget and KPI’s, Authority Matrix and the High-rated audit findings to the Board Audit Committee each quarter.
• Schedule audits, determining the resources that are necessary, and monitoring that the approved audit plan is accomplished by the optimal utilization of available resources and the assigned budgeted man-days.
• Lead initiatives, manage fraud prevention program, assess potential fraud risks;
• Lead audit engagements, define the scope, objectives, write report executive summary, ensure that recommendations are clearly presented and agreed by management and monitor implementation of corrective actions.
• Ensure fieldwork that was performed by staff is properly completed as per audit program and time budget;
• Review audit reports to facilitate recommendations and corrective actions;
• Evaluate auditor performance and counseling auditors to strengthen the staff’s knowledge/skills/development.
• Liaison with Managers on industry risks, best practices and fraud awareness.
• Continuously improve the audit approach and methods, including the use of new technology to increase efficiency & effectiveness of internal audit.
• Create a cooperative work environment between departments and audit function to promote awareness of internal controls throughout the company.
• Upon the request of Senior Management, provide consultancy services, conduct Control Self-Assessment workshops, awareness sessions on corporate governance, risk management and internal controls.
Aramco Joint Venture with TOTAL & Unipec in refining & Petrochemicals
• Define the audit universe, develop annual risk assessment methodology to prioritize
auditable entities, prepare the internal audit plan before beings presented to (BAC).
• Effectively plan the audit engagements, define the scope, objectives and timelines,
supervise and review the work of audit staff to ensure that deliverables are
completed on time, within budget and in accordance with departmental procedures.
• Identify deficiencies in controls, duplication of effort, lack of compliance with laws,
government regulations, and management policies and procedures.
• Review Risk & Control Matrix (RCM) along with testing sheets to ensure its comprehensiveness.
• Identify new high-risk audit findings which were not raised on previous audits.
• Take initiative and lead the implementation process of automation of the whole
audit work from planning, scheduling, fieldwork, reporting & follow-up.
• Lead special assignments, operational audits and investigations.
Group of (8) Subsidiaries Servicing the Oil & Gas Industry
• Collect information regarding business strategy and areas of potential riskand
uncertainty including risks and controls pertaining to each businessunit.
• Prepare a risk-based internal audit plan that is aligned with business objectives,
schedule and assign work to meet completion dates, and estimate resource needs.
• Present the Internal Audit Department Budget and KPI’s, Authority Matrix and the
Highly-rated audit findings to the Board Audit Committee each quarter.
• Lead audit engagements, identify deficiencies, write report executive summary,
ensure that recommendations are clearly presented and agreed by management and
monitor implementation of corrective actions.
• Testing effectiveness of controls (control self-assessment questionnaire, risk
ranking, follow-up exception, control deficiency evaluation and reporting).
• Complete all assigned internal audit engagements as planned and within the
budgeted timeline, present audit findings to the Board Audit Committee.
Be an active participant in preparing and implementing the long-term strategy for
the department with out-of-the-box thinking and willingness to push the boundaries
of traditional audit approach.
• Build departmental audit charter and manual from scratch, prepare risk-based audit
plan, assign and monitor work progress to ensure achieving objectives.
• Develop comprehensive risk based audit programs and establish the objective and
scope of the audit engagement.
• Lead operational audit for company major Projects (worth 2 Billion Dollars) and
brought to the attention of management many control deficiencies, raise red flags
that were later on resolved and prevent severe losses.
• I have started as Internal Auditor, then promoted to senior internal auditor on the
next year after showing excellent performance and at my last year with the company
I was supervising a team of four staff members, two seniors and two staff auditors
and reporting directly to the audit manager.
Internal Audi, Risk & Compliance Service
• Conduct financial, operational and compliance audits for various clients to assess
the adequacy, effectiveness and efficiency of the internal controls and procedures.
• Assist in the evaluation of internalcontrols design effectiveness.
• Prepare and complete working papers for the performed audits for reporting level.
• Assist Senior Auditors in translating audit findings into comprehensive written audit
reports and in obtaining actions plans.
• Support Senior Auditors in conducting follow up audits and assess the
implementation of action plans as agreed with the audited management.
• Maintain professional practice of internal auditing by complying with standards and
the code of ethics developed by the institute of the internal auditors (IIA).
• Receive an appreciation letter from one of the most prestigious governmental
client for the valuable audit recommendations highlighted in the audit.
• Deliver presentations to client’s management at opening and closing meetings.