Head of Internal Audit & GRC
Saudi Egyptian Developers
مجموع سنوات الخبرة :20 years, 10 أشهر
1. Lead Internal Audit’s change initiative by implementing action plans related to risk assessment and annual planning, audit execution, audit reporting, staff recruiting and development, audit technology, and Audit Committee reporting.
2. Lead Internal Audit’s annual risk assessment and enterprise risk assessment and planning process to develop the audit plan and ensure the plan is responsive to and aligned with the risk profile of the organization.
3. Oversee the execution of individual audits defined in the audit plan ensuring the highest level of service quality and client satisfaction.
4. Issue all Internal Audit reports ensuring the reports are clear, concise, identify root causes with practical solutions, and ultimately provide value to management.
5. Meet regularly with the Audit Committee to report the status of Internal Audit’s ongoing monitoring activities, educate/inform the committee of emerging risks and/or exposures (whether internal or external to the company) that should be considered, and serve as a “thought leader” with respect to risk management and internal control best practices.
6. Proactively inform senior management of significant risks or exposures related to internal controls, compliance, and/or governance requiring prompt attention.
7. Manage the process to track, follow-up, and ultimately close all open audit issues
8. Actively participate in executive management meetings and/or committees to ensure that Internal Audit is well-informed of key business developments that could have an impact on audit priorities and/or plans.
9. Attract, hire, and retain a team of high-performing audit professionals who possess outstanding knowledge, experience, ethics, and integrity.
10. Ensure that Internal Audit is performing its work in accordance with established professional standards and remain abreast of emerging trends and best practices that can be incorporated into the function.
11. Coordinate the activities of external auditors including how best to leverage the work performed and results produced from Internal Audit’s work.
1. Prepares a comprehensive, long - range program of engagements' coverage for the locations to which assigned. (risk based annual audit plan)
2. Identifies those activities subject to engagement coverage, evaluates their significance, and assesses the degree of risk inherent in the activity.
3. Obtain and maintains an audit staff capable of accomplishing the internal audit function.
4. Assigns engagement areas, staff, and budget to supervisors.
5. Provides executive management within the assigned location with reports on engagement coverage and engagement results, and interprets those results so as to improve the engagement program and the engagement coverage.
6. Issuing audit report for each assignment and other problems occurred, showing our recommendations and discuss these reports with the meaning departments management.
7. Preparing follow up sheet including all the outstanding issues resulted from audit department reports, in order to follow their achievement.
1. Prepares a comprehensive, long - range program of engagement coverage for the location to which assigned.
2. Identifies those activities subject to engagement coverage, evaluates their significance, and assesses the degree of risk inherent in the activity.
3. Obtain and maintains an audit staff capable of accomplishing the internal audit function.
4. Assigns engagement areas, staff, and budget to supervisors.
5. Provides executive management within the assigned location with reports on engagement coverage and engagement results, and interprets those results so as to improve the engagement program and the engagement coverage.
6. Issuing audit reports for each assignments and other problems occurred, showing our recommendations and discuss these reports with the meaning departments management.
7. Preparing follow up sheet including all the outstanding issues resulted from audit department reports, in order to follow their achievement.
1. Supervise the work of staff engaged in the reviews of organizational and functional activities.
2. Guide staff for system documentation in assigned areas to determine the nature of operations and the adequacy of the system of control to achieve established objectives.
3. Implementing the Risk Assessment process for all activities within the Group to identify points of strength and weaknesses in the internal control system.
4. Participate in performing operational and financial audits throughout the Group to provide Management with objective analysis of activities.
5. Follow up any problem or theft case and ensure from the application of actual and accurate steps according to company’s policies.
6. Sharing in planning and issue opinions for new policies and procedures.
7. Carrying out regular assignments over the different departments, in order to ensure complete control.
8. Identifies factors causing deficient conditions and recommends actions to improve the conditions, including special surveys and audits.
9. Preparing audit programs for each engagement based on how to mitigate the risk in each area.
10. Issuing audit reports for each assignments and other problems occurred, showing our recommendations and discuss these reports with the meaning departments management.
11. Preparing follow up sheet including all the outstanding issues resulted from audit department reports, in order to follow their achievement.
1. Carrying out system documentation in assigned areas to determine the nature of operations and the adequacy of the system of control to achieve established objectives.
2. Follow up any problem or theft case and ensure from the application of actual and accurate steps according to company’s policies.
3. Sharing in planning and issue opinions for new policies and procedures.
4. Carrying out regular assignments over the different departments, in order to ensure complete control.
5. Issuing audit reports for our assignments and other problems occurred.
6. Reporting to (country internal audit manager.)
7. Responsible for central region, and in charge over audit staff team.
Main Clients:
I have participated and been in charge of the audits of the following major clients:
• Med Gulf for insurance and reinsurance company -(insurance field)(due diligence job)
• Mawarid Marketing Limited - (trading company)
• Arab Pipes Company -(pipes manufacturing company)
Main Clients:
I have participated and been in charge of the audits of the following major clients:
• National bank of Egypt (N.B.E) - (Credit evaluation, Operations)
• DIB for cotton Spinning Company - L.L.C.
• Ferrometalco for steel building Company - S.A.E. (Manufacturing of steel building)
• Schindler Limited Company - L.L.C (Manufacturing& installing Escalators & Elevators)
• Zamil Steel Building Company - S.A.E (Manufacturing of Steel Building).
• Chloride Egypt - S.A.E (Manufacturing and distribution of automotive and industrial batteries).
• Misr for Clearing, Settlement and Central Depository (Providing Clearing, Settlement and Central Depository Services).
• Joint Arab Investment Corporation - S.A.E (deal with all types of investments).