Saad Kapadia FCA - CIA - CFE - CISA - CRMA-FMVA

Cenomi Centers (joint stock company) is the largest owner, developer and operator shopping malls in Saudi Arabia having assets of $7.4 billion.

Developing risk-based internal audit plans and monitoring its performance. Preparing quarterly reports for the Audit Committee to discuss major issues / risks identified during audit engagements. Monitoring implementation status of internal audit recommendations by management.
• Designed Internal Audit Risk Assessment template.
• Prepared 3 years risk based internal audit plans through conducting risk analysis and obtaining Senior Management’s self-assessment through Risk Surveys.
• Identified revenue leakages in billing rental and service charges to tenants.
• Developed a uniform system of electronic work-papers and documentation.
• Initiated a process of continuous monitoring (follow-up) of audit recommendations.
• Implemented Audit Management (TeamMate+) and Analytics (TeamMate Analytics) software.
• Served as a member of strategic transformation of Cenomi Centers as part of IPO readiness.

BDO is 5th largest global accounting firm and provides accounting, tax and management advisory services.

Effective planning and coordination of assignments to ensure completion of assignments within deadlines. Assessed clients' risks through research and analysis of Financial Statements. Developed good working relationships with clients to meet and exceed engagement expectations.
• Obtained satisfactory Quality Assurance Review rating from BDO International.
• Implemented APT (Audit Process Tool) BDO Audit Software in Jeddah Office to streamline ‘Risk based Audit Approach’.
• Conducted in-house training for BDO Audit Methodology and APT.

Defence Housing Authority is a leading developer and operator of the housing society, 8 recreational clubs, and 7 educational institutions working under the direct supervision of armed forces.

• Developed quarterly reporting forms for multiple business units to aid in consolidation.
• Reduced financial reporting closing cycle from 6 months to 3 months.
• Supervised reconciliation of installments received from customers with the Company’s records.
• Engaged 3rd party contractor to conduct count & tagging of Fixed Assets.
• Spearheaded implementation of Oracle Financials (GL, AR, AP, Assets, Cash Management).

Deloitte is one of the Big Four accounting organizations and the largest professional services network in the world by revenue and number of professionals, with headquarters in London, United Kingdom.

Conducted external audits, compliance reviews with Due Diligence assignments of clients across multiple industries (manufacturing, construction, services, telecom, trading and financial institutions).
• Ensured compliance with the requirements of International Standards on Auditing (ISAs), International Financial Reporting Standards (IFRSs) and other statutory requirements.
• Conducted in-house training on Deloitte Audit Approach & AS2 (Audit Software).