Syed Saim Ali ACCA CIA CFE

Lead risk-based audits and advisory engagements across operations, finance, supply chain, maintenance, and capital projects, focusing on governance, risk management, and internal control effectiveness.

Conducted joint audits with global partners (SABIC, ALCOA, MOSAIC, and Big 4 firms) to align methodologies and strengthen audit quality.

Updated the Internal Audit Charter and Manual, embedding GRC integration and data-driven methodologies across audit processes.

Delivered assurance over financial, operational, and compliance areas, improving transparency and governance maturity.

Identified SAR 25 million in excess accruals, directly improving profitability and cash flow visibility.

Led the External Quality Assessment (EQA) and achieved full conformance with IIA Standards.

Developed enterprise risk registers across business units, enhancing governance oversight and risk-based decision-making.

Mentor junior auditors, ensuring quality delivery, skill development, and adherence to audit procedures.

Performed audits across retail operations, finance, procurement, and commercial, supporting one of the largest retail chains in the Middle East.

Developed an automated dashboard for continuous auditing of stock losses, saving significant audit hours and improving control visibility.

Executed corporate audit engagements under the annual plan, providing insights that informed leadership decisions.

Designed audit testing strategies that focused on key risks and improved audit efficiency.

Prepared audit reports and led follow-up reviews to ensure timely implementation of recommendations.

Nesma Trading consists of 14 divisions and is one of the largest groups in Kingdom. Nesma Trading aspires to be the leading provider of innovative technical products and support services in the Kingdom of Saudi Arabia.

Exposure as a Senior Internal Auditor

Supported the company’s internal audit and risk management functions across construction and facilities management operations.

Led audits across construction, catering, facilities management, and landscaping divisions, providing assurance on key operational and financial processes.
Conducted risk-based audits of procurement, inventory, and project management activities.

Identified key control gaps and recommended improvements that strengthened operational efficiency and accountability.

Reviewed warehouse and asset management processes to ensure compliance with company procedures

Managed and finalized provident and gratuity fund operations, including payments, settlements, and contributions.

Ensured accurate fund accounting and financial reporting in compliance with IFRS.

Monitored treasury and investment activities, maintaining adequate liquidity and returns.

Coordinated with external auditors, banks, and investment consultants to facilitate fund reviews and audits.

Soorty Enterprises (Pvt.) Ltd is one of the leading Textile Companies in Pakistan with 11 units of Garments, Denim, Spinning and Washing in all over Pakistan and Bangladesh.

Conducted surprise stock takes and cash counts across manufacturing units.

Designed and executed audit test plans to assess process-level risks and identify control weaknesses.

Reviewed raw material consumption vs. BOQs, highlighting variances to management.

Verified payment vouchers for compliance with internal SOPs and approval hierarchies.

My experience in the Audit and Assurance of the firm has enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries and the accounting and internal control systems implemented at various organizations. The most significant corporate clients that have contributed to my professional growth include:
 ASA Pakistan International ( Micro Financing Institution)
 Global Securities ( Brokerage House)
 PF Of James Finlay ( Shipping Company)