Head of Audit
Alshaya GroupAlshaya Group
Total years of experience :17 years, 4 Months
A rational, resilient and result driven Internal Audit and Risk management
professional, with 15 years of proven work track record in the Retail, Consumer
Durable & Automobile industries. Committed to achieving business objectives
through collaboration with stakeholders and improving business control
environment. Specialized in developing and delivering risk-based audit plan,
testing the adequacy of operational and financial controls, recommending risk
mitigation strategy and review of compliance with business policies.
Alshaya Group is a retail franchise operator headquartered in Kuwait and
operates more than 75 consumer retail & Hospitality brands in 4000+ stores,
50, 000 employees spread across the Middle East and North Africa, UK, Turkey,
and Central Eastern Europe.
• Leading Internal Audit strategy change initiative by developing risk-based
audit plan to evaluate the effectiveness of management's risk and control
framework.
• Delivering annual audit plan by adding value to the business, with the
highest service quality and customer satisfaction.
• Facilitating workshops with key executives to identify appropriate
solutions for recurring or thematic audit issues.
• Relationship building with key stakeholders to stay at the forefront of
changes to the business and to promote the value of internal audit.
• Identified opportunities for profit improvement and cost reduction
through audit examinations.
• Presented a well-drafted audit report (having risk, impact,
recommendations for corrective action plan) to senior management teams
& providing support in the implementation of recommendations.
• Supporting business in achieving their objectives by providing consulting
services as subject-matter expertise which include risks assessment of
business processes and feedback on improving the operational processes,
technology initiatives or projects.
• Identified opportunities for work simplification and promote the adoption
of the best practice by establishing department standards for the guidance
of the Audit Team.
• Developed team through regular guidance, coaching and mentoring.
• Overseeing Audit team participation in critical business and technology
initiatives.
• Managing and providing professional guidance to the team continuously.
Annual Internal Audit planning in consensus with Audit Committee
• Scope of Audit covers 2 Manufacturing Plant, 14 warehouses & support
functions.
• Plan & work along with 3rd party Auditors as approved by Audit Committee
• Review compliance of company policies and procedures
• Reporting findings to the Audit Committee and ensuring implementation of
recommendations with process owners.
• Supervising audit staff, coaching and supporting auditors, and ensuring
that audits are completed on time.
Internal Audit of 2 Manufacturing Plants (Noida, Pune) & other support
functions.
• Supporting Process Improvements through:
• Manufacturing & Procurement Audits
• Sales & Marketing Process Audits
• Support Function Audits, e.g., SCM, Service, HR, etc.
• Propagate Ethical Management practices within Organization
• Periodic Reporting of Compliance Risk Management to Korea, Head
Quarters
• Review compliance with company policies and procedures
• Investigation of Business Frauds
Assisting Manager finance in Monthly MIS report
• Preparation of Monthly Bank Reconciliation
• Income tax and service tax compliance on bills of Service Centers
• Payment processing of service centers
• Alshaya Leadership program
2022
• Coaching Teams
• Crucial conversations
Chartered accountant degree
courses: Senior Secondary (Commerce) K.V.