Consultant - Risk Management & Compliance
Nama Dhofar Services Co
مجموع سنوات الخبرة :16 years, 0 أشهر
Company Industry: Utilities
Responsible for conducting risk based internal audits for the entire group of companies.
Leading Retail Franchise Group
Job Role: Auditing/Finance/Operations -
Construction/Civil Engineering
Job Role: Audit/Administration - Jun’10 - Jun’11
Key Responsibilities:
•Developed, implemented and reviewed procurement strategies and associated policies and procedures, taking account of current and emerging national and regional procurement best practices.
•Established and developed stable/ reliable business connections with suppliers on a regular basis to determine progress of procurement activities and developed future procurement plans for the company.
•Corresponded, maintained contacts with suppliers regarding current status of purchase orders identified major invoice discrepancies and effected corrective action.
•Provided strategic guidance on procurement decisions, negotiated with suppliers to source products from economically viable sources.
•Administered maintenance of complete/ comprehensible purchase records, adherence to company policies/procedures to accomplish execution of orders within targeted time
Consulting/Advisory Services/Taxation/AERS.
Job Role: Auditing/Finance - May’07 - May’10
Key Assignments Handled:
Airfare Refund Review & Corporate Credit Card Personal usage monitoring & grasped the credit recovery of $ 75, 000 rewarded designation as auditor of the year.
Highlights:
•Instrumental in identifying the efforts and rewarded with accolades for proposing the development of a specific policy on personal gifts.
•Played a key role in grasping the credit of recovering $75, 000 in Airfare Refund Review during the financial year 2009.
•Efficiently contributed an overall saving from audits in first 3 months for the financial year 2010 with a turnover of INR.5.6 million.
•Played a fundamental role in leading the Ageing Report process for open / pending items in audit which helped the Auditor to resolve the open items.
•Bestowed with an award for initiating the Ageing Report Process.
•Played a pivotal role in implementing internal audit process for entire firm consisting of 10, 000 employees in various service lines.
•Played a critical role in managing a team of 4 members.
•Planned audit objectives and strategy to address risk in compliance with professional standards. Prepared detailed reports on audit findings and made recommendations to improve organizational accounting/management practices and internal control systems
•Spearheaded the team members and handled the verification of purchase invoices, coordinated and prescribed for evaluation of risk, assessment of internal controls and determination of audit approach.
•Prepared procedures/policies for internal audit, assigned staff and budgeting hours for audits, tracked the progress of audits and provide technical assistance to auditors for smooth execution of internal audits.
•Established risk based audit plans, determined the direction and objective of proposed audit methods and developed audit procedures in alignment with organizational goals/ standards.
•Examined/analyzed internal control systems and financial statements, to ensure financial recording accuracy, compliance with established accounting standards, procedures/internal controls and applicable regulations.
•Monitored audit progress and providing guidance/inputs to ensure the whole depth/breadth of the process is covered with specific focus on key risks/concerns.
•Reviewed audit report, performed quality checks, ensured findings are clear and concise. Collated audit results and significant developments for presentation to senior management/statutory auditor/audit committee.
Accounting/ Banking/ Finance) achieved promotion within two year of appointment for notable work.
Audits for Key Clients:
•Municipal Corporation of Hyderabad
•Andhra Pradesh Medical Council
•State Universities
•Andhra Pradesh Civil Supplies Corporation
•Andhra Pradesh Dental Council
•Agriculture Marketing Committee
Post Graduate Diploma in Islamic Banking & Finance.
Masters Diploma in Business Administration
Bachelor of Commerce