Group Internal Audit Manager
Universal Group
Total years of experience :27 years, 1 Months
Jan 2013 - Now Universal Group Group Internal Audit Manager
• Set effective plans and strategies that achieve the company strategy in minimizing exposure to risk, loss prevention and asset protection and ensure its efficiency due to audit universe
• Supervise the day-to-day work of staff in the performance of multiple financial & operational Audits and special assignments by leading the planning, execution and review of Audits and special assignments to ensure appropriate scope, level of testing, risk identification, findings, and recommendations,
• Experienced with both Risk management and Risk base audit approaches
• Follow up the agreed action plans to make sure the risks has been managed to acceptable level
• Make and update group procedures according to the controls reached in the Risk management process
• Provide technical support to risk management team and monitor their performance,
• Improve the performance and productivity of the organization's financial, operational and managerial processes and systems.
Jun 2010 - Jan 2013 Volkswagen, Audi & General electric Egypt Group Internal Audit Director
• Supporting Financial & Operational Audits.
• Member of group steering committee
• Responsible for group financial analysis, budget control & division analysis (Informal)
• Test & improve the company internal controls.
• Supporting the development of company Policies & procedures
• Follow-up on agreed corrective & preventive actions to ensure implementation.
Aug 2007 - May 2010 Bahgat Group Financial Controller
• Supervising Financial & Operational Audits
• Control, monitor, and maintain the company financial policies and procedures.
• Work as Financial Manager for Bahgat Stores Co
• Responsible for financial analysis and companies performance evaluation
• Overseeing budgetary control & Monitoring cash flow
• Work scope include Service, Manufacturing & Commercial Companies
• Group Steering Board Member on behalf of Group vice chairman
• Conduct Business analysis such as ( Business plan, SWOT, , KPIs & CPM)
• Oracle application owner (project manager)
Jan 2004 - Jul 2007 Olympic Group Internal Audit Manager
• Supporting Financial & Operational Audits.
• Set audit plans & scope for each period
• Conducting budget control and division analysis.
• Contribution in preparing and settling the budget
• Contribution in products development teams as financial member
• Financial analysis for balance sheet and income statement (informal)
• Supporting the development of company Policies & procedures
• Have very good knowledge about Oracle applications ( ERP, MRP)
Oct 1999 - Dec 2003 Suez Canal Insurance Audit Section Head
• Responsible for auditing car & fire claims
• Conduct expense and production cost analysis
• Perform audits to evaluate the design and effectiveness of internal controls, accuracy of financial records and efficiency of operations
• Assist in developing audit plans
• Check and verify other staff accountant's work and general ledger entries
May 1997 - Oct 1999 MATco, Nashuatec, Rosengrens & NCR Accountant & Auditor
• Responsible for receivables, payables, payroll and bank statement reconciliation
• Prepare analysis to the wrong payables and receivables accounts to solve major differences between the company's books and its suppliers / customers
• Book keeping for all diaries and ledgers manually and on readymade package program for the head office and 2 branches
• Responsible for reconciliation of all transactions between head office and branches
• Supporting Financial audit in-turn
• Master of Public Administration ( M P A), 2005, Excellent.
• Diploma in the field of Financial Analysis & Stock Market, 2003, Very Good.
• Diploma in the field of Feasibility Study & Project Evaluation, 2001, Very Good. • C M A - Certified Management Accountant, part 1, old system.
• B.Sc. Commerce, 1997, Accounting.