Manager Financial and Operations Audit
Etisalat
Total years of experience :21 years, 9 Months
Contribute to Ufone’s internal audit strategy and road map. Lead financial and operating audits and other assignments in accordance with audit plan. Initiate preliminary survey to acquire basic knowledge and general understanding of the area to be audited. Coordinate with process owners to obtain and/or document business process(es) and carry out a walkthrough to confirm that the process is operating as documented. Prepare detailed terms of reference documenting the scope, objectives, rationale for the audit, approach, deliverables and tentative timelines. Prepare audit program to document the risks, related controls, procedures to test design and operating effectiveness and conclusion reached. Prepare detailed working papers to enable independent review by supervisor. Participate in exit meeting with auditee and record the response(s). Prepare high quality audit reports based on technical expertise, for corporate leadership and the Board Audit Committee. Coach process owners (including non-finance individuals) on the importance of Internal Controls, Risk Management & Governance, and the role of internal audit.
Key engagements:
1) Corporate strategy
2) Marketing strategy
3) Strategic initiative management
4) Enterprise Risk Management
5) Sales planning and reporting
6) Regulatory compliance
7) Fraud management
8) Procurement cycle
9) Financial audit
10) Consulting engagement for Employees' Final Settlement Process
Key Achievements:
a) Attained 'General Conformance' by the Institute of Internal Auditors (IIA) with overall score of 98% ranking Ufone in top 5% of the world internal audit functions - 2015
b) Saved more than PKR 1, 000 million (> US$ 10 million) through process improvements - 2014-16
c) Exceeded average client satisfaction score of more than 4 (KPI target: 3.85) - 2014-16
d) Achieved average quality assurance score of more than 95% (KPI target: > 85%) - 2014-16
Led internal control function, set its strategic direction in line with corporate/ departmental strategy and its implementation ensuring all financial reporting risks are mitigated. Collaborated with process owners and cross-functional teams for strategic projects and other new initiatives. Oversaw adequacy and completeness of internal control documentation for maximum efficiency. Revitalized cross-functional support from within department for strategic alignment. Organized internal control awareness sessions and training for corporate leadership and process owners. Lead team organization, hiring, capacity building, mentoring and conducting performance appraisals. Built and managed relationships with internal and external customers. Presented results to corporate leadership and suggested methods to improve internal operations and compliance.
Key Achievements:
a) Selected as ‘Employee of the Quarter’ (for upholding the value of 'Be Inspiring') - 2013
b) Achieved more than 95% internal controls with design and operating effectiveness - 2013-14
c) Attained on spot recognition for developing Self-Assessment Operational Manual - 2013
Established, maintained and strengthened relationships internally and externally. With guidance from engagement partner, lead in identifying and pursuing potential business opportunities by developing ideas and solutions. Established expectations of value/ services to be delivered. Identified and implemented operational efficiencies. Collaborated to plan engagement objectives. Developed and implemented an audit strategy that complies with professional standards and appropriately addresses risks. Developed people - conducted timely reviews and provided feedback to team members, lead engagement team sessions, participated in recruiting efforts. Focused on people/talent development by counseling, coaching and impacting others through identification of stretch and challenging goals. Oversaw engagement economics and managed appropriate resources for efficient engagement. Used technology to continually learn, share knowledge with assurance team members, and enhance service delivery.
Sectors served:
1) Oil and Gas (including Joint Venture audits and internal audits on behalf of JV partners)
2) Energy
3) Telecommunications
4) Construction
5) Financial services
6) Computer Software
7) Broadcast Media
8) Public-sector and
9) Civic and Social Organization
Key Achievements:
a) Successfully revamped reporting of oil and gas non-operator audits and make it compliant with International Standards on Auditing - 2008
b) Attained token of appreciation for excellent service delivery - 2008-12
c) Awarded on spot recognition for business development - 2008-12
Managed the audit process with appropriate consideration of audit risk issues and accounting technical matters. Lead and managed fieldwork on client’s site(s) including liaising with other departments to ensure the smooth delivery of the audit process. Identified areas requiring improvement in the client’s business processes and possible recommendations and prepared high quality deliverables. Provided performance feedback to staff during as well as at the end of engagement. Demonstrated business development skills and identified additional growth opportunities.
Key Achievements:
a) Attained ‘Best Performance Award’ - 2006
Studied Accounting and Financial Reporting, Business Mathematics and Statistics, Performance Measurement, Business Communication & Behavioral Studies, Business Laws & Taxation, Management Accounting and Auditing, Financial Management, Information Technology.