Manager Internal Audit
Abdulla Fouad Group
Total des années d'expérience :14 years, 1 Mois
As Assistant Manager Internal Audit, main responsibilities included in my job description is to ensure successful completion of assigned audit engagements, from start to finish, inclusive of preplanning and wrap up activities. Key accomplishments and experience gained is as follows;
❖ Develop risk-based annual audit plans by assessing overall risk of the organization & external market conditions affecting on organization’s business detailing the scope, nature and timing of audit activities and present this to top management;
❖ Reviewing internal audit procedures and work programs prepared by internal audit team at the beginning of every audit;
❖ Reviewing the progress of internal audits with internal audit team to assess the adequacy, effectiveness and efficiency of the established internal controls and audit procedures;
❖ Discuss audit findings and recommendations with line managers and report significant issues to senior management;
❖ Prepare audit reports in line with the approved audit plan and communicated & discussed the same with top management of the organization;
❖ Prepare presentations to summarize audit findings to present these before CEO and Board members for their corrective actions;
❖ Managing a team to conduct and complete the annual audit plan on time;
❖ Conduct ad-hoc investigations and reviews requested by senior management or the Audit Committee;
❖ Participated in VAT implementation project in company and subsequently monitored the compliance of VAT laws and Regulations through monthly audit;
❖ Participated in IFRS implementation project in Group as a member of IFRS committee to ensure compliance with IFRSs;
❖ Review individual companies’ as well as Group consolidated financial statements at every year end to see compliance of applicable laws and standards;
❖ Prepare financial budget for the department every year end and present this budget before CEO & Board members to get approvals;
❖ Participate in Zakat queries raised by GAZT to satisfy the Authority for their concern and involvement in day to day Zakat matters;
As Assistant Manager Accounts, main responsibilities included in my job description is to ensure the compliance & adherence of controls over the payments made to internal & external vendors well in time for smooth business operations of the company. Key accomplishments and experience gained;
Prepared monthly accounts of the company and analyzed financial and operational variance analysis for monthly accounts;
Ensured the accuracy, authenticity & completeness of all the payment documents relating to various departments;
Assisted in work flow relating to Oracle’s Payable Module, Receivable Module and Cash Management Module, monthly closing & reconciliations with GL in accordance with deadlines for monthly accounts;
Ensured recording of transactions in relevant head of accounts and compliance with International Accounting Standards, Local Laws and Company Policies;
Participated in internal, external, and regulatory audit processes and ensure compliance with SOPs;
Ensured the accuracy and completeness of accounting records related to scrap sales;
Carried out audit planning, risk assessments, development and execution of substantive and analytical audit procedures;
Obtained understanding of entity being audited, its environment and its internal control. Evaluated their operating effectiveness in order to determine overall reliance on entity’s internal control system
Reviewed the work done by team and getting it reviewed by Engagement Manager and Partner;
Administered and participated in the final audit meetings with the management for conclusion of the audit;
I did following major assignments in Deloitte;
Pan Gulf Welding Solutions (PGWS)
Abdulla Fouad Holding Co. (ISSD Division
Seyana operation & industrial services (GCC’s Branch)
My experience as Audit Senior at EY includes dealing constructively with technical and personal issues, ensuring timely completion of audit and reviewing the work of staff. Major responsibilities as audit senior include:
Carried out audit planning, risk assessments, development and execution of substantive and analytical audit procedures;
Obtained understanding of entity being audited, its environment and its internal control. Evaluated their operating effectiveness in order to determine overall reliance on entity’s internal control system;
Reviewed and finalized audit strategy responsive to risks assessed and evaluation of results of work performed;
Performed taxation working and reviewed the financial statements in accordance with applicable financial reporting framework (such as International Financial Reporting Standards & Saudi Organization for Certified Public Accountants’ standards) and ensured compliance therewith;
Applied Ernst & Young Global Audit Methodology (EY GAM) and Deloitte Audit Software (AS2);
Analyzed and reviewed financial and non-financial information for reasonableness of strategy / amounts and disclosures to be presented;
Trained, supervised and mentored individual team members on the audit process;
Coordinated the audit work with the team members during multi location audit engagements within the time, quality and budgeted targets;
Reviewed the work done by team and getting it reviewed by Engagement Manager and Partner;
Administered and participated in the final audit meetings with the management for conclusion of the audit;
Major assignments with EY KSA are as followings
Al Argan Group of companies (KSA-EY)
ABV Rock Saudi Company Limited (KSA-EY)
Knowledge Net Computer Company Limited (KSA-EY)
Al Waseela International for Advertising Company (KSA-EY)
Specialized Automotive Company (SAC) (KSA-EY)
Oil well 7 Company Limited (KSA-EY)
I am qualified Chartered Accountant from ICAP.