Audit Principal
Abu Dhabi Accountability Authority
Total years of experience :27 years, 6 Months
As a Principal at ADAA Audit Group, I have acted on fulfilment of the following responsibilities:
Lead the overall relationship management and ownership touchpoints for a portfolio of ADAA Subject Entities and act as the primary point of accountability for all related interactions of various types of audit, including but not limited to, financial, performance and compliance audits.
Act as a functional advisor on project engagements and ensure all audit outputs are technically and professionally sound and meet the quality standards and objectives of the audit assignments.
Conduct quality assurance on audit reports and monitoring consistency and adherence to ADAA’s quality, audit standards and methodologies.
Provide audit discipline and overall industry related expertise and knowledge.
Contribute to the technical and professional development of junior auditors and support in capability building initiatives and programs.
As a Head of Internal Audit at ADAA, I have acted on fulfillment of the following responsibilities:
Set strategy and leads ADAA internal audit function to provide an independent, objective assurance and consulting services.
Maintain a systematic, disciplined approach to evaluate and improve ADAA effectiveness of risk management, control, and governance process.
Maintain ADAA compliance officer role and primary responsible for receiving, investigating and reporting of violations.
Developing, updating, and implementing risk-based audit plan and providing on the advisory role of the Internal Audit.
Develop annual budget, job scheduling, job descriptions, training plans, key performance indicators and handling all administrative aspects of Internal Audit Department.
Planned and supervised a variety of audit and attestation assignments relating to major companies operating in Abu Dhabi, my responsibilities included-among other-:
Review performance and examining the efficiency, effectiveness and economy of the financial and operational activities of subject entities.
Assess Internal Audit Function for a portfolio of Companies with diversified activities including manufacturing, food and beverage, health care, oil and gas in addition to municipalities and government entities.
Analyzing and assessing management’s discussion and analysis (MD&A), program efficiency & effectiveness and assessing the reliability of performance measures and KPIs.
Developing the audit strategy and overseeing the overall planning and execution of tailored audit approach.
Develop specific “audit criteria” directly dependent on the presence of auditing standards developed and best practices internationally recognized.
Reviewed several mega projects in terms of capital investment and their relating strategic initiatives.
Major input in the establishment and managing the internal audit activity at the Municipality of Abu Dhabi City.
Major input in developing risk management framework and managing the co-sourcing process performing comprehensive risk assessment for a number of subject entities.
Planned and supervised a remarkably large number of audit engagements for a variety of multinational companies working in the field of pharmaceutical, mining, steel industries, hotel management, clearing, settlement, and central depositary (amongst other).
Performed a due diligence tasks for major companies working in the field of glass production, spinning and textile, food and beverage, gypsum, tourism and leisure (amongst other).
Planned and executed large number of consulting engagements including review of policies and procedures manuals for all processes (Human Resources, Finance, and Credit policies and procedures) and providing independent opinion on their adequacy prior to implementation.
Developed risk-based audit plans and further reporting on a regular basis to the Audit Committee and Board of Directors on audit plan progress for one of the major international banks in Egypt.
Provided on-job training and in-house training for Internal Audit Function for Cairo & Alexandria Stock Exchanges (CASE)
Prepared consolidated financial statements for a reputable group of companies operating in Egypt.
Joint under a progression plan in line with Starwood acquisition of ITT Sheraton and as part of accelerated program to promote “CFO” for planned opening of new hotels in Egypt.
Performed all tasks related to income audit, inter-company accounts, monitored profit center performance and sales program worthiness, key input in developing the annual budget.
Nominated to join a newly established internal audit unit in Cairo reporting to Regional Unit Head and covering Europe, Middle East and India.
Engaged and intensively involved in the field work of audit assignments conducted to a variety of manufacturing companies especially in textile industry, in addition:
I have participated in the credit review for one of the major financial institutions in Egypt
I was engaged in developing a job order coasting system for a leading industrial company.
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