Internal Audit Senior Manager
Al Futtaim Group
Total years of experience :15 years, 0 Months
• Development of annual audit plan after performing required risk assessment.
• Develop Audit programs for each assignment and supervise the audit team to ensure adequacy, effectiveness, and timely delivery of projects.
• Review audit reports and conduct the closing meeting with clients.
• Assist the IA GM in preparing quarterly summary report for presentation to the Vice Chairman/Divisional President after it has been reviewed by Group Director - Internal Audit.
• Follow-up on the implementation of audit recommendations.
• Perform special assignments based on management request in order to establish a fact or to evaluate a specific situation.
• Conduct fraud investigation to identify the loss/exposure, control weaknesses, personnel responsible and recommendation to prevent re-occurrence.
▪ Assist the Head of IA in executing the internal audit strategic plan that addresses the
significant business risks.
▪ Prepare audit presentations and analysis that are presented to Board, Audit
Committee, and Senior management
▪ Test the internal control structure of operations providing timely and value-added
reporting to management
▪ Plan and supervise audit projects. Review audit work performed by team members for
completion and accuracy.
▪ Ensure the timely and accurate delivery of audit plan.
▪ Maintain a comprehensive system for recording all audit plans, work papers, findings,
reports, and follow-up audits.
▪ Proactively identifying potential areas of assistance to auditees in the development
and or implementation of new processes, procedures and policies.
▪ Conduct audit exit meetings and interviews. Draft and issue audit reports.
▪ Conduct special audits as required by management.
▪ Respond to ad hoc requests to address control issues on new business processes,
policies and procedures, and provide consultative services to management.
▪ Establish and maintain appropriate professional contacts and relationships with the
company personnel and external auditors.
▪ Develop, coach, and mentor the audit team reporting to me.
▪ Facilitates investigations of significant suspected fraudulent activities within the
organization wherever necessary, and reporting on the results.
Assist the Head of IA in developing the Annual Audit Plan using appropriate risk-based methodology, while considering significant risks or controls that may have been identified by Management personnel.
Consider the scope of work of the external auditors and other assurance providers, as appropriate, for the purpose of providing reasonable audit coverage to the organization
Deliver the annual audit plan, as updated/approved by the Audit Committee(s), including, and as appropriate, any special tasks that had been requested by the Audit Committee(s) and Management personnel.
Ensure that audit standards are properly maintained and ensure timely completion of audit project as per the plan.
Preparing final audit reports to be issued to the top management for taking corrective action.
Report significant issues related to the processes for controlling the activities of the organization, including potential improvements to those processes.
Perform consulting services, beyond the IA’s assurance services, to assist Management in meeting its objectives.
Facilitates investigations of significant suspected fraudulent activities within the organization wherever necessary, and reporting on the results.
Provide information periodically to the Head of Audit on the status and results of the annual audit plan and the sufficiency of IA’s resources.
Preparing quarterly presentations to be submitted to the Audit Committee.
Perform follow-up on the reported audit observations, recommendations and agreed actions to monitor and ensure that either the Management actions have been effectively implemented or that Senior Management has accepted the risk of not taking the required action.
Develop, coach, and mentor the audit team reporting to me.
Maintain and enhances relationship with Client Management and increase their awareness of the Internal Audit role & responsibilities.
Assist in preparing annual audit plan and risk assessment of all areas (Finance, Sales,
Marketing, Compliance, HR and Service) for Samsung subsidiaries & branches in MENA
region.
▪ Conduct Audit Programmed/Checklist for the daily, weekly & monthly review to
determine whether all transactions under review follow the international standards &
company's internal policies.
▪ Examine and evaluate the adequacy and effectiveness of internal control systems,
management processes and procedures
▪ Identify risk management issues and internal controls deficiencies.
▪ Examine and evaluate the information systems across the organization; recommend
additional controls to ensure system reliability, data security and accuracy.
▪ Carry on regular audit visits to company branches and subsidiaries as per the annual
plan
Participate in the planning of financial audits through understanding organization
objectives, structure, policies, processes, internal controls, and external regulations;
identifying risk areas; preparing audit scope and objectives; preparing audit programs.
▪ Assessing risks and internal controls by identifying areas of non-compliance; evaluating
manual and automated financial processes; identifying process weaknesses and
inefficiencies and operational issues.
▪ Ensure compliance with financial regulations and controls by executing audit program
steps; testing general ledger, account balances, balance sheets, income statements,
and related financial statements; examining and analyzing records, reports, operating
practices, and documentation.
▪ Analyze financial information by collecting, analyzing, and summarizing data and
trends.
▪ Completing audit work papers and memorandums by documenting audit tests and
findings.
▪ Report audit progress and findings to audit manager, highlighting unresolved issues.
Graduated
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