Senior Auditor
Accountability State Authority ASA
مجموع سنوات الخبرة :16 years, 1 أشهر
• Planed, organized and conducted performance evaluation assignments for national projects for land reclamation and cultivation as per the annual approved audit plan.
• Met with management and stakeholders to discuss findings and audit outcomes.
• implemented audit by performing necessary checks, interviews, and procedures as specified by the engagement’s work programs.
• Prepared audit report including performance weaknesses observed as well as value added points, and make recommendations.
• Provided recommendations the helped in recovering hundreds of acres of land from investors who violated the terms of the allocation.
• Eescalated of observations related to investors’ overdue debit balances to the higher authorities that took the necessary legal measures against those in late payment, which contributed to the collection of hundreds of millions of pounds or the recovery of lands and re-offering them according to the new market values.
• Identified financial, operational, compliance, and reputational risks through assurance, consulting, and solutions management activity management, and internal control activities.
• Reviewed Company’s financial statements, plans and VAT tax returns, the costing system and pricing and credit policies, recommend any necessary procedures to enhance the internal control environment.
• Conducted financial and costing analysis (trends, capital expenditures analysis, variances reporting in terms of actual versus targets reports, deviation reports, etc.....
• Analyzed the organization’s revenues, liabilities, credit condition and other financial indicators for evaluating its short, medium, and long-term cash flow position.
• Evaluated whether computer systems and applications are reliable, efficient, secure and effective plus examined controls on client-connected servers and networks. Verified that systems that are being developed are suited for the organization and meet development standards.
• Ensured complete, accurate and timely audit information is reported to Management and/or Risk Committees.
• Recommended several improvements that have greatly contributed to enforcement the operations and results of the company, and the most prominent of these recommendations were as follows:
1. Necessary developments to the company's computer systems to comply with the requirements of applying VAT in KSA.
2. Electronic linking of warehouse systems for the regions at the level of the Kingdom, which led to the provision of the company's needs from its warehouses before seeking external suppliers for essential supplies, reducing stagnant stock levels by 5% and saving liquidity to the company.
3. Ending the random rental of small cars that were continuous through the project departments of the different regions of the company and to prepare a new policy to deal with the company's needs of small cars through the purchase of installments, which led to the elimination of car expenses of + 3 million riyals and the strengthening of the financial position of the company with the purchased assets.
4. Separation of the company’s special service division to form an independent company resulted in expansion of its activities and achieving high profits (profit + 8 Million SR in 2020) instead of past losses (loss of 900 Thousand in 2016).
5. Changing debit procedures that resulted in a decreased (70%) reduction in company bad-debt ratio.
• Planed, organized and applied performance and financial audit assignments for public sector companies working in
• Followed-up for the management's response to the findings /recommendations, and clarification.
• Attended +40 general annual meetings for companies in the presence of the Ministers of Petroleum, Electricity and Energy and senior management at the end of fieldwork, providing clear explanations for identified issues.
• Conducts special audit assignments as directed by the ASA’s Management, Parliament, and Presidency.
• Participate in the preparation of sectorial reports for public sector companies which communicated annually to the Parliament, Presidency and other related authorities.
• Supervised the external audit process for 13 clients and issued the auditor's report containing the opinion on whether a company's financial statements comply with IFRS and are free from material misstatement.
• Prepared of income and monthly sales tax returns for +10 clients.
• Performed income, sales, salaries taxes examination for +6 companies.
Very Good With Honor Degree
