Mohammed Mazharuddin, Internal Auditor

Mohammed Mazharuddin

Internal Auditor

Dubai Aviation Corporation (Flydubai Airways)

Location
United Arab Emirates - Dubai
Education
Master's degree, Risk Management
Experience
12 years, 2 Months

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Work Experience

Total years of experience :12 years, 2 Months

Internal Auditor at Dubai Aviation Corporation (Flydubai Airways)
  • United Arab Emirates - Dubai
  • My current job since August 2016

Major responsibilities
• Undertake internal audit assignments, evaluated and contributed to the improvement of risk management, internal controls, governance framework, policies & procedures and compliance.
• Accountable for end-to-end delivery of the Audit (Scoping, Planning, Execution, Reporting and Closure) and implementing Enterprise Risk Management framework.
• Understanding and deploying the risk based approach to maintaining the audit universe and actively contributed to the development of annual plan, risk register and IA methodology.
• Performed special/unplanned audits and participated in investigations / major fraud reviews.
• Developed process understanding of assigned business processes and determines business objectives, main functions, and the nature of activities, potential risks and controls to be reviewed.
• Developed a detailed audit program for the assigned audit including the objectives, potential risks, key controls, audit procedures and the use of audit techniques & tools.
• Identify business process improvement and control gaps. Identified opportunities of cost reduction, operational inefficiencies and management policies and facilitated best practices implementation.
• Performed detailed test work and summarizing results in work papers arranged as per best practice.
• Prepared internal audit reports including the objectives, scope, observations, impact and professional opinion along with practical recommendations contributing to the improvement of governance, risks and controls processes to assist in the achievement of the company's business objectives.
• Appraised the adequacy of the corrective actions taken by management on audit recommendations through follow up audits and periodically reviews and updated the status of management action plans.
• Prepare quarterly reporting to the Audit Committee. Provide reliable information to Senior Management to assist them in making strategic decisions.
• Developed good relationships with client personnel and continually improve client satisfaction.

Senior Associate - Internal Audit at Al Mulla Group of Companies (Kuwait)
  • Kuwait - Al Kuwait
  • October 2014 to July 2015

Major responsibilities
• Executed independent and objective assurance and consulting assignments designed to add value and improve the effectiveness of risk management, control and governance processes.
• Undertake risk assessments to identify high risk areas to prepare annual audit plan. Implemented appropriate audit methodology thereby improving internal controls.
• Reviewing and appraising the adequacy and effectiveness of the system of internal controls, processes, policies and procedures to ensure that they are adequate, effective and in line with leading practices.
• Performed consulting assignments and prepared sales, marketing, customer service, finance and accounting and other policies and procedures.
• Supervise junior audit staff and ensure deliverables meet work plan specifications and deadlines.
• Trained new staff in my team and also trained client audit staff members on internal audit fieldwork.
• Discussions of business process improvement measures and control gaps with clients and agreeing the action plans and timelines to resolve audit queries.
• Provides audit deliverables inclusive of, but not limited to, creating process flow documents, performing detailed control testing and summarizing results in work papers.
• Support quarterly reporting to Management and the Audit Committee. This includes updating data, writing sections of reports and supporting development of insights.
• Prepare a comprehensive audit report to communicate audit results and presenting cost effective practical recommendations on identified business risks and process improvement areas to management.

Internal Auditor at Deloitte & Touche (Muscat, Oman)
  • Oman - Muscat
  • August 2012 to February 2014

Major responsibilities
• Accountable for end-to-end delivery of the Audit (Scoping, Planning, Execution, Reporting and Closure).
• Responsible for delivering the assigned audit work in line audit methodology with limited supervision.
• Understanding and deploying the risk based approach to maintaining the audit universe and actively contributed to the development of annual plan, audit & assurance charter and IA methodology.
• Performed special/unplanned audits and participated in investigations / fraud assignment.
• Performed detailed test work and summarizing results in work papers arranged as per best practice.
• Prepared internal audit reports including the objectives, scope, observations, impact and professional opinion along with practical recommendations contributing to the improvement of governance, risks and controls processes to assist in the achievement of the company's business objectives.

I have worked with following Deloitte firms
Deloitte LLP UK, Deloitte South Sudan and Deloitte LLC Oman

Few of the countries where I have performed internal audit and consultancy assignments are as follows
Kuwait, India, South Sudan and Oman

Senior Internal Auditor at Golden Group of Companies (Muscat, Oman)
  • Oman - Muscat
  • July 2009 to June 2011

Major responsibilities
• Executed independent and objective assurance and consulting assignments designed to add value and improve the effectiveness of risk management, control and governance processes.
• Undertake risk assessments to identify high risk areas to prepare annual audit plan. Implemented appropriate audit methodology thereby improving internal controls.
• Reviewing and appraising the adequacy and effectiveness of the system of internal controls, processes, policies and procedures to ensure that they are adequate, effective and in line with leading practices.
• Performed consulting assignments and prepared sales, marketing, customer service, finance and accounting and other policies and procedures.
• Trained new staff in my team and also trained client audit staff members on executing internal audit fieldwork.
• Discussions of business process improvement measures and control gaps with clients and agreeing the action plans and timelines to resolve audit queries.
• Provides audit deliverables inclusive of, but not limited to, creating process flow documents, performing detailed control testing and summarizing results in work papers.
• Prepare a comprehensive audit report to communicate audit results and presenting cost effective practical recommendations on identified business risks and process improvement areas to management.

Education

Master's degree, Risk Management
  • at Institute of Internal Auditors (IIA)
  • September 2016

Certification in Risk Management Assurance (CRMA)

Master's degree, Fraud Investigation
  • at Association of Certified Fraud Examiners (ACFE)
  • May 2016

Certified Fraud Examiner (CFE)

Master's degree, Information Systems Audit
  • at Information Systems Audit and Control Association (ISACA)
  • January 2016

Certified Information Systems Auditor (CISA)

Master's degree, Internal Audit
  • at Institute of Internal Auditors (IIA)
  • May 2015

Certified Internal Auditor (CIA)

Master's degree, Finance
  • at Osmania University
  • August 2009

Master of Business Administration (MBA - Finance)

Bachelor's degree, Commerce
  • at Osmania University
  • May 2005

Bachelors in Commerce (Honors)

Specialties & Skills

Compliance
Auditing
Risk Management
Internal Audit
Communication
MS-Office (Word, Excel & PowerPoint)
Reporting
Fraud Investigation
IPPF Standards
Internal Audit
Internal Control
Team Building
TeamMate
Business Process Improvement
Presentation
Risk Management
COSO Framework
Compliance
Analysis
Team Member
Leadership
Supervisory
Quick Learner
Risk Assessment
Time Management

Languages

English
Native Speaker
Arabic
Intermediate
Hindi
Expert

Memberships

Association of Certified Fraud Examiners
  • Member
  • August 2015
Institute of Internal Auditors (IIA)
  • Member
  • January 2010
Information Systems Audit and Control Association (ISACA)
  • Member
  • May 2012

Training and Certifications

Internal Audit & Risk Management (Training)
Training Institute:
Deloitte
Date Attended:
May 2016
Duration:
48 hours