Audit Manager
Jitendra Chartered Accountants
مجموع سنوات الخبرة :16 years, 5 أشهر
Head of the Audit & Tax Division. Leading a team of 5 audit associates and directly reporting to the Chairman.
Established the Tax Department with effect from 1st Jan 2018 with the rollout of VAT registration implementation, advisory and compliance services.
Planning, execution, review and finalisation of audits in accordance with IFRS.
Consolidation and review of financials as per IFRS
Handling accounting, and payroll services.
Conducting and executing internal audits of specific portfolio of clients.
Staff and client troubleshooting. Supervising and mentoring staff of audit assignments with adherence to the audit quality and deadlines.
Submission of MIS reports to the management.
Review of the annual budgets for the department.
Managing the monthly collection targets
Meeting with clients/attending and handling new business enquiries.
Conduct audit testing of specified area and identify reportable issues and dimension of risk.
Establish audit objectives and designing and implementing audit methodologies, processes and audit report criteria.
Guiding in preparing audit plan, scope and carrying out risk based audits based on controls assessment
Performing and overseeing field work of audit executives and checking the execution of field work and work paper reviews
Risk analysis (identifying, managing and reporting on financial risks)
Performing data analytics to analyse data.
Review balance sheet, profit & loss account, equity, cash flows and audit reports.
Prepare financial statements and reports for management and shareholders.
Internal audit planning (Adequately plan, control and record work)
Evaluate the cost effectiveness and risks of operational processes, activities, policies and systems.
Ensuring procedures, policies, legislation and regulations are correctly followed and complied with.
Special assignments related to internal audit and accounts.
Ensuring that assets are safeguarded.
Completing the audit to assess effectiveness of controls, accuracy of financial records and efficiency of operations
Accountable for planning audit reports on audit findings, including formulating recommendations for the establishment of accounting and related operational controls and checking it with appropriate levels of management
Proceeding the implementation of recommendation and accepting reports on implementation status
Major tasks: Highlights:
Successfully recognized fraudulent activities and internal control deficiencies and brought about innovative recommendations
Evaluate Project costs, estimations and key project risks in Construction and infrastructure.
Systems worked: SAP, Xpedeon, Infor EAM, FMMS
Industry Sectors: Real Estate, Construction, Mechanical, Electrical & Plumbing Works, Roads & Infrastructure, Cabling, Power projects, Commodities, Automobile Trading, Dealership, Auto spare parts and Workshop, CARS transport, Clearing & Forwarding, Corporate Procurement & Fleet Management Department, Facility Management, Waste Management
Verifying and evaluating compliance with the internal processes and procedures of the Company.
Conducting Risk Assessments and establishing Risk Based Internal Audit Plans for the subsidiaries of the Rawji Group of Companies.
Carried out the audit to assess the effectiveness of controls, accuracy of financial records and efficiency of operations
Contributed in planning, preparing audit programs and procedures, conducted the field work, prepared work papers, and arranged the financial statements.
Established key risks and offered support with documentation, designs effectiveness and evaluation of operational environment.
Preparing Internal Audit Reports for Management and the Audit Committee on the findings noted, following reviews performed on systems and processes within the Company.
Reporting to the governing body, Audit Committee, and Management on the results of the audits performed.
Performing follow up audit reviews to determine whether corrective action is being taken by management in response to audit observations.
Performing special investigations and special reviews following requests made by Management
Major tasks: Executing Audits as per the plans, programmes formulated by the Audit manager
Completed Financial and Operational internal audits for the Rawji Group of Companies.
Systems worked: Oracle, Tally
Industry Sectors: Trading & Manafacturing of FMCG, Bicycles, Heavy Equipment
as a team member of Corporate Internal Audit Group and managed internal audit operations for Middle East, India, Caspian and Asia Pacific regions
Assist the audit manager in various audit assignments including approval of the audit plan, developed time budgets, organized audit programs and procedures and handled the administrative matters relating to the audit assignments
Responsible for the timely execution of risk-based internal audits in accordance with the annual audit plan, as well as assisting with other audit matters.
Establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria.
Completing assigned tasks in a timely, thorough, accurate and well-documented manner as per IIA standards.
Carried out the audit to assess the effectiveness of controls, accuracy of financial records and efficiency of operations
Established key risks and offered support with documentation, designs effectiveness and evaluation of operational environment
Followed up the implementation of recommendation and submitted reports on implementation status
Guided in performance of special audits or investigation and compliance with SEC FCPA.
Coordinated with business heads and Internal Controls Department, generated reports of finding and present to the process owners and senior management
Establish budgetary cost control and other accounting systems such as computer-based systems
Assisting and advising management in implementation and monitoring of accounting and internal control systems of Group Companies.
Major tasks: Executing Audits as per the plans, programmes formulated by the Audit manager
Systems worked: GEAC, Sports, Olives, MTO, Audit Team Mate.
Industry Sectors: EPCI of Offshore Oil and Gas projects
Carrying out risk based audits based on controls assessment
Executing field work and preparing of work papers.
Raising audit observations and recommendations, discussing with process owners
Review of periodical MIS from