Head of Internal auditor
Abdulrrahman Al-Otaishan & Sons Group Co. LLC (ASCO)
Total years of experience :21 years, 10 Months
• Prepare a financial audit and internal control plan at least one month before the beginning of the year and be approved by the administration.
• Preparing periodic reports on the results of the internal audit department and making any suggestions thereon, for executive management, the Audit Committee and the Board of.
• Documents the results of audit work in accordance with audit department and the Institute of Internal Auditors (IIA) standards.
• Review of the financial statements and the final accounts of the company and confirming the correctness of the calculation of reserves, provisions and Zakat.
• checking the estimated budgets of the company and the related sectors and to identify deviations in periodic reports.
• The old journal entry containing the errors and the proposed amendment and approved by the said officials shall be attached.
• Review the contracts concluded between the company and the other parties in terms of financial and make sure that there are no items that carry the company financial obligations errors.
• Audit commercial sector sales such as iron sales department scrutiny
• Taking copies of periodic reports for departments to follow-up and correct deviations, if any.
• To review the departments and departments managers and to verify the validity of the procedures that have been implemented and that they are in line with the regulations governing the company.
•1 Produced and reviewed audit reports for submission to Managing Director and advised on audit recommendations and internal controls monthly, quarterly.
• 2 Prepare the annual financial audit and internal control plan for approval by the director managing at least one month before the beginning of the year.
•3 Supervising and ensuring the proper implementation of the procedures of financial audit and internal control, and emphasizing the integrity of these procedures to preserve the property of the company. •4 Performing comprehensive audits on Financial & Operational sectors. •5 Preparing periodic reports on the results of the internal audit department and making any suggestions thereon, for executive management, the Audit Committee and the Board of. 6• Documents the results of audit in accordance with audit department and the Institute of Internal Auditors (IIA) standards. •7 Ensure after the review of the absence of errors in the processes that been introduced and deported, and raising the administration errors, if any.
•8 Review of the financial statements and the final accounts of the company and confirming the correctness of the calculation of reserves, provisions and Zakat.
• Checking the estimated budgets of the company and the related sectors and to identify deviations in periodic reports. • Audit commercial sector sales such as iron sales department scrutiny Taking copies of periodic reports for departments to follow-up and correct deviations, if any.
• Achievements: Discovered errors and recommendations as a tool to improve the company's business in 7 %.
And I have a recommendation from the managing director of the company.
• Planned and designed external auditing process for 34 companies in 100% of the time as a Senior External Auditor, supervising and mentoring a team of 3 auditors and ensuring quality standards and accuracy maintained in audits and other financial reports.
•2 Met with management and stakeholders to discuss findings and audit outcomes and oversaw staff and acted as a middle-man for the team.
•3 Submitted audits and reports in a timely manner for further analysis by management, reported auditing issues, and assisted in resolving them.
• Remained up to date with developments in relevant legislation and the field in general.
Trainee Auditor
Bachelor of Accounting
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