Lead Compliance Specialist
TELUS Health
Total years of experience :38 years, 10 Months
• Manage and liaise with external auditors SOC1 Reporting for various divisions and applications
• Manage and coordinate SOC1 deliverables to external clients
• Assist in developing and executing Regulatory Compliance Framework
• Assist in other ERM projects regarding Risk Management
• Assist in Internal Audit projects
• Manage all review assignments of the Members (companies selling obligated products such as paints, lights, hazardous materials, small electronics, major appliances etc) and other Associations independently and timely from planning, scheduling to executing
• Conduct scope-specific reviews and compliance assignments (for recycling/environmental levies) for the Members and identified missed revenue
• Finalize Reports and issue Results Letters and explaining conclusion to the Members (or Associations)
OGELP is a subsidiary of Great Canadian Gaming Corporation and manages various casinos in Ontario. Casinos provide various gaming options and also has high end restaurants.
• Manage all audits independently and timely from planning, scheduling to executing based on audit plan
• Test design and operative effectiveness of in-place controls; prepare work papers and supporting documentation summarizing the results of test procedures performed
• Draft internal audit reports, obtain management feedback/action plan
A firm engaged in providing services in the field of accounting, auditing, administrative services and internal controls. Services provided included:
• Prepared monthly accounts, reconciliations, trial balance, monthly and year-end financial statements
• Reviewed systems and procedures, identified weaknesses and flaws in internal controls and suggested improvements which improved efficiency and effectiveness at client’s businesses
• Successfully provided internal audit, internal controls and risk management services to client satisfaction
Your Assistant Inc is an accounting firm based in Alberta. It provides services in areas of reviews, accounting, consultancy, documentation of policies & procedures, database and computer software assistance, and accounting software packages assistance. Job responsibilities were as follows:
• Manage all the review assignments independently from planning, scheduling to executing
• Conducting scope-specific review and compliance assignments
• Reviewing systems/procedures, identifying weaknesses and flaws in internal controls, suggesting improvements
• Drafting Review Reports, discussing with management and clearing for final release
QLNG is an Oman based international energy company. It was established in 2003 with the purpose of processing, marketing and transporting liquefied natural gas (LNG) and condensate. Job responsibilities were as follows:
• Assisting Chief Internal Auditor (CIA) in the preparation of audit committee materials, responses of queries, various minutes of meetings, drafting company policies, internal audit planning and staff hiring
• Conducting and finalizing internal audits without any supervision to clear the accumulated back log
• Drafting internal audit reports and discussion with CIA and management to obtain feedback and action plan
• Working on the updates of company Risk Registers and follow up on agreed upon action plans
• Allocating, supervising and reviewing audit work conducted by staff including audit planning and programs
A Dammam based low-cost airline which commenced its domestic flights in May 2007. The airline is a short-haul carrier serving destinations across the Middle East with a fleet of 7 aircrafts. The position included:
• Preparation of Internal Audit Charter and Internal Audit Manuals
• Preparation of full year internal audit and staffing plan for financial audits, systems and internal controls audit
• Conducting and finalizing internal audits. Also conducted investigations (fraud, discrepancies, over-riding of company policies and procedures) on behalf of top management
• Drafting internal audit reports and discussion with management to obtain feedback and action plan
• Liaising with external auditors
Xstrata is a global diversified mining group, with operations and projects in 18 countries. It is listed on the London and Swiss Stock Exchanges, with its headquarters in Zug, Switzerland. Responsibilities included:
• Liaising with external accountants who were outsourced the internal audits to ensure audit objectives are met, co-ordinate and conduct field work, discuss and draft audit findings for audit manager review
• Effectively plan, design and execute audits with minimal supervision
• Conducting risk and control assessments, working with business process owners on identification and update of risks, and assessment of control to mitigate such risks. Follow up on agreed upon action plan
• Drafting internal audit reports and discussion with management to obtain feedback and action plan
Aramark is a leading provider of managed services. It provides food, beverage, cleaning and support services to a wide range of clients and business environments. Responsibilities included:
• Introduce and implement Risk Based Audit Approach, assist establish the internal audit department accordingly and liaise with SOX team.
• Reviewing systems and procedures, identifying weaknesses and flaws in internal controls, suggesting improvements and trouble shooting accounting issues of consultancy clients
• Effectively plan, design and execute audits with minimal supervision
• Drafting internal audit reports and discussion with management to obtain feedback and action plan
Inco is one of the world’s premier mining and metals company, a key producer of nickel and an important producer of copper, cobalt and precious metals. Currently Inco is in the process of acquiring another Canadian mining giant, Falconbridge. After acquisition, New Inco would employ over 25, 000 people (currently over 12, 000) around the world at their mining operations, production facilities, research centre, and through their extensive marketing and sales network. Inco is publicly traded and its common shares are listed on seven major stock exchanges around the world. Report to Regional Audit Manager, North America and UK. Key Accountabilities are as follows:
• Effectively plan, design and execute audits with minimal supervision
• Leading the audits, providing advice, guidance and assistance to audit team members, reviewing audit work and recommending solutions to problems encountered
• Contributing to efforts to meet Inco’s ongoing compliance with sections 302 and 404 of Sarbanes-Oxley Act of 2002 (USA) relating to the periodic evaluation of internal control over financial reporting
• Conducting risk and control assessments, working with business process owners on identification of risks, and documentation and assessment of control to mitigate such risks
• Assisting with control self-assessment process
• Evaluating the effectiveness of control design, working with process owners to develop remedial action plans/recommendations to address control design weaknesses, and following up to ensure remediation has been implemented
• Testing operative effectiveness of in-place controls, preparing work papers and supporting documentation summarizing the results of test procedures performed
• Participating in the continuous development of Internal Audit processes and methodologies
• Participation in the continuous development of Inco’s risk management and control maturity by educating and transferring risk and control knowledge to business process owners
Biolab Equipment Ltd., Oakville (A subsidiary of Cantel, USA) Canada
A company engaged in distribution of water purification systems. The position required overseeing financial matters of this company acquired by Cantel in July 2003 and my achievements include:
· Implementing and ensuring proper month-end/quarter-end/year-end financial close procedures
· Implementing adequate internal controls over inventory/work-in-progress, sales & cut-off procedures
· Documenting system narratives for sales/accounts receivable, purchases/accounts payable, inventory and receipts/payment (for COSO and SOX compliance)
· Improvement and review/follow up on monthly financial statements
· Liaising with external evaluators for the calculation of goodwill and other intangible
· Liaising with external auditors for the audit of the opening balances at the acquisition date and Y/E
· Preparation of monthly and yearly post-acquisition budgets
· Assisting controller in preparation of monthly/quarterly US reporting package/s
A firm engaged in providing services in the field of accounting, auditing, administrative services and internal controls. Assignments and achievements included:
• Preparing monthly accounts, reconciliations, trial balance, monthly and year end financial statements of accounting clients
• Reviewing systems and procedures, identifying weaknesses and flaws in internal controls, suggesting improvements and trouble shooting accounting issues of consultancy clients
Naghi Group - Dealerships (BMW, Hyundai, LG and Phillips) and Transportation, Jeddah, Saudi Arabia
Major achievements included review and update of company manuals, preparation of internal audit manuals and critical review of policies, procedures and operations in various departments with objectives of identifying redundancies and suggesting improvements to achieve effectiveness/efficiency and cost/time savings. Reported to Executive Vice President. This involved:
· Preparation of full year internal audit plan for financial audits, systems and internal controls audit and departmental/divisional audits, including staff planning
· Reviewing and finalizing internal audits. Also conducted investigations (fraud, discrepancies, over-riding of company policies and procedures) on behalf of top management
· Drafting internal audit reports and discussion with management to obtain feedback and action plan
· On-the-job and classroom training of staff
· Conducted short in-house seminars for credit, non-financial and financial staff
· Extensively assisted Accounts and Finance Department for year-end closing and preparation of financial statements and schedules for external auditors
· Liaising with external auditors
Ernst & Young International, Jeddah, Saudi Arabia
Performed and supervised statutory and special audits of a number of major clients of Saudi Arabian practice. Audits included industries such as trading, oil, construction and financial services. Responsibilities included:
· Planning, supervising and finalizing audits ensuring proper coverage and appreciation of auditing principles and practices
· Reviewing audit work papers, identifying and resolving accounting and auditing issues
· Reviewing the financial statements for compliance with the US GAAP and International Accounting and Saudi Standards
· Communicating internal control weaknesses and suggestions for improvements
· Attending professional development courses arranged by the firm
· Providing consultancy services regarding due diligence and feasibility studies; designed financial accounting procedures incorporating internal controls
· Maintaining client relationship and conducted presentations to management and audit committees
· Participating in proposals to prospective clients
· Marketing other business community training courses offered by the firm to the clients assigned
· Providing internal training on Ernst & Young audit approach, IAS and CPA courses
Ernst & Young International, Karachi, Pakistan
As assistant manager was responsible for handling of approximately ten clients which included some of the major clients of Pakistani practice. Reporting to group audit manager. Responsibilities and assignments included the following:
· Preparation of full year audit plan including staff planning.
· Planned, supervised and finalized the audits.
· Reviewed audit work papers and identified and resolved accounting and auditing issues.
· Helped clients prepare the financial statements in accordance with the related applicable statute and International Accounting Standards.
· Drafted financial statements for manager and/or partner review.
· Communicated internal control weaknesses and advised clients on accounting procedures, principles and practices, regulatory requirements etc.
· Provided training to audit staff on audit approach of the firm and on International Accounting Standards and International Auditing Guidelines.
Have completed 2 levels out of 5
Fifth position on overall Karachi basis; awarded Merit Certificate by the College for high academic achievements.