Mohamed Ibrahim, Head Of Internal Audit

Mohamed Ibrahim

Head Of Internal Audit

Elaraby Group

البلد
مصر - القاهرة
التعليم
بكالوريوس, Finance & Accounting
الخبرات
12 years, 5 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :12 years, 5 أشهر

Head Of Internal Audit في Elaraby Group
  • مصر - القاهرة
  • أشغل هذه الوظيفة منذ يونيو 2021

• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
• Determine internal audit scope and develop annual plans
• Obtain, analyze, and evaluate accounting documentation, previous reports, data, flowcharts.
• Prepare and present reports that reflect audit’s results and document process
• Act as an objective source of independent advice to ensure validity, legality, and goal achievement
• Identify loopholes and recommend risk aversion measures and cost savings
• Maintain open communication with management and audit committee
• Document process and prepare audit findings memorandum
• Conduct follow up audits to monitor management’s interventions
• Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques, and performance standards

Fund Services في Citco (Canada) Inc.
  • كندا - Halifax
  • يناير 2014 إلى مايو 2021

• Encompass direct contact and collaboration with our clients, external auditors and third-party stakeholders, and internal functions of our operations such as Reconciliations. The Reconciliations function is responsible for reconciling client transactions to third party data, to ensure the integrity and accuracy of the records.
• Identify and resolve issues described in the third-party reconciliations, to ensure that the portfolio is maintained (cash flows and security updates), and that any residual risk is captured and signed off prior to production of financial statements.
• Proactively resolve issues between client and broker/counter-party records by liaising with clients and third parties.
• Perform internal control procedures as part of the compilation of auditable monthly packages to support positions, trades, and cash prior to handing off to other operational groups.
• Understand financial instruments in order to verify correct security setups and ensure proper P&L (profit and loss) capture and risk management reporting.
• Collaborate with and share knowledge and best practices with peers.
• Support the launch or conversion of any new business.
• Maintain positive and professional relationships with clients.
• Contribute to the continuous improvement and enhancement of operational systems and associated controls and procedures.
• Prepare financial reports in an international and dynamic environment for our clients who consist of investment managers and institutional investors within those Hedge Funds.
• Determine "Net Asset Value" and prepare investor P&L allocations in accordance with Service Level Agreements
• Keep and maintain financial records including accrual reconciliations versus external sources, review reconciliations from other internal departments
• Monitor activity in Fund, covering corporate actions, income and expenses, fees, capital transfers and performance
• Prepare ad hoc reporting in line with client and internal requirements
• Play an important role in our P&L team servicing a number of hedge fund clients by processing daily deliverables in the areas of pricing and P&L.
• Be responsible for performance reporting, contributing to the monthly NAV process by performing Independent Price Verification (IPV) and preparing monthly packages.
• Perform valuation of hedge fund portfolio holdings and analysis of hedge fund performance
• Liaise and collaborate with various other departments such as Fund Accounting, Reconciliations, Client Integration, Market Data, Application Support, and other local/global management.

Operations Financial Analyst في RBC - Royal Bank of Canada
  • كندا - Sydney
  • يناير 2013 إلى ديسمبر 2013

• Provides input into the planning and implementation of financial production schedules, reconciliations, and reporting
• Supports the execution of financial systems operational programs; assesses and adapts as needed to ensure quality of execution.
• Builds effective relationships with internal/external stakeholders.
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
• Provides input into the planning and implementation of financial production schedules, reconciliations, and reporting requirements.
• Monitors Financial system technical infrastructure, applications and/or business transactions across the environment
• Provides first-line, end-user support to resolve issues with the Finance production systems and applications; works with Technology and other stakeholders to investigate, perform root cause analysis, and plan corrective actions
• Executes routine tasks such as maintenance, service requests, transactions, queries etc. within relevant service level agreements e.g., maintain changes to financial system tables and financial hierarchies
• Supports the data reconciliation processes between core finance systems
• Collaborates with internal and external stakeholders in order to deliver on business objectives.
Supports the development of tools and delivery of training for financial management system-related processes

Financial Analyst (Summer Internship) في BMO - Bank of Montreal
  • كندا - Sydney
  • يناير 2012 إلى ديسمبر 2012

• Develops governance and control related solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
• Provides advice and guidance to assigned business/group on implementation of the governance framework, including effective challenge.
• Coordinates and participates in the execution of oversight/governance activities including reporting, assessment of education & training needs, development/ delivery of training, development and execution of regulatory administration processes & procedures, management of review/updates to policies, etc.
• Assists with the maintenance, monitoring, measurement & reporting on the status of the governance program to various internal & external stakeholder audiences.
• Supports policy/standard/operating procedures lifecycle management, education and training assessment, development & delivery, coordination of attestation programs, reporting, etc.
• Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks and program requirements.
• Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
• Supports the group/program leader in communicating advice across the Bank on regulatory environment changes to ensure changes are understood.
• Supports the management of governance meetings (e.g., committee, management, board meetings, etc.) as required; facilitates development and approval of agendas, gathering and distribution of documentation related to agendas, and creation of meeting minutes/output.
• Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
• Leads or participates in change management activities of varying scope and type.
• Monitors and tracks performance and addresses any issues.
• Assists in the identification, classification and addressing of issues.
• Assists with the coordination and management of the review and sign-off of relevant regulatory reporting.
Completes complex & diverse tasks within given rules/limits and may include handling escalations from other employees.

الخلفية التعليمية

بكالوريوس, Finance & Accounting
  • في Cape Breton University
  • مارس 2013

I’m a big believer in continuing to strive for improvement, so I don’t think there’s any particular achievement that stands out as my most significant. However, if I had to choose one thing, it would be my ability to communicate effectively. I’ve always been good at communication, but it’s something that I’ve consciously worked on honing. As a result, it’s helped me immensely in my personal and professional life. In particular, it’s been instrumental in helping me built a great relationships with co-workers and clients. My bubbly personality and ability to make people feel comfortable quickly comes across when talking to potential clients.

Specialties & Skills

Internal Control
Internal Audit
Financial Analyst
Accounting
Finance

اللغات

العربية
اللغة الأم
الانجليزية
متمرّس