Shadi Alzghoul

• developing and implementing action plans for detecting fraudulent activities
in an organization.
• recruit and train investigation personnel to ensure an effective fraud unit.
• Establishing whistleblower policy for the group
• ensuring compliance with all laid down policies and procedures for work
operations.
• designing and implementing fraud prevention strategies and processes
necessary for minimizing risk of illegal financial contrivances within an
organization
• Collaborating with lawyers and law enforcement agents to develop and
execute plans for the resolution of a fraud case
• Utilizing various accounting and data analysis tools in examining financial
records and processes

• Led Risk Assessment and Controls Evaluation engagements, starting from
business understanding, throughout identifying and prioritizing risks, testing
of mitigating controls, recommending corrective actions, ending with
reporting.
• Successfully led many forensic assignments in many industries. This
includes managing a multi jurisdiction investigation in GCC involving
complex legal structures, etc.
• Provided multi jurisdiction investigation that included money laundering,
falsification of expenditure and other misuse of funds of a major GCC
regional business
• Completed a number of fraud risk assessment engagements and
developing fraud prevention and detection strategies
• Successfully led complex internal audit and risk consulting engagements.
• Increased the portfolio from US$ 1.25 million to US$ 2 million by retaining
current clients for more than one year besides leading business
development strategy to obtain new clients.

• Establishing and leading a regional risk-based Internal Audit Activity.
• Planning financial, regulatory, compliance or operational reviews/audits.
• Coordinating work with Risk, Legal & Compliance and other control-related
activities and with others within Internal Audit.
• Conducting risk assessments and identifies controls in place to mitigate
identified risks.
• Performing audit procedures to verify that controls are operating through
testing and interviewing techniques.

• Establishing and leading a regional risk-based Internal Audit Activity.
• Planning financial, regulatory, compliance or operational reviews/audits.
• Coordinating work with Risk, Legal & Compliance and other control-related
activities and with others within Internal Audit.
• Conducting risk assessments and identifies controls in place to mitigate
identified risks.
• Performing audit procedures to verify that controls are operating through
testing and interviewing techniques.
• Analyzing and concludes on effectiveness and efficiency of control
environment.
• Identifying control gaps and opportunities for improvement.
• Documenting the results of audit work in accordance with audit department
and the Institute of Internal Auditors (IIA) standards.
• Preparing timely audit reports for executive management, the Audit
Committee and the Board of Directors.

• Established and led regional a risk-based Internal Audit Activity.
Recruited and managed entirely new staff of 8 professional
auditors.
• Collaborated with senior leadership and Audit Committee to
define stakeholder expectations and mission for Internal Audit.
Developed strategic plan and processes for department.
• Established Subject Matter Expert role for each staff person,
resulting in greater coverage of the audit universe and more
timely identification of emerging business risks.
• Implemented technology training and tools for audit staff,
enabling more effective and efficient audits and leading to
significant audit findings.
• Led Enterprise Risk Management initiative, culminating in
assessment by senior leadership team and Board of key business
risks and development of appropriate risk responses.
• Successfully implemented a risk and controls awareness program
for the group companies management and staff.
• Ensured meeting the requirements of the Capital Market
Authority throughout a successful IPO process.
• Conducted audit of Inventories, resulting in savings of US$ 3
Million.
• Identified deficiencies in group receivables processes, resulting in
collecting previously written off receivables of US$ 1 Million.

• Established and led regional a risk-based Internal Audit Activity. Recruited
and managed entirely new staff of 8 professional auditors.
• Collaborated with senior leadership and Audit Committee to define
stakeholder expectations and mission for Internal Audit. Developed
strategic plan and processes for department.
• Established Subject Matter Expert role for each staff person, resulting in
greater coverage of the audit universe and more timely identification of
emerging business risks.
• Implemented technology training and tools for audit staff, enabling more
effective and efficient audits and leading to significant audit findings.
• Led Enterprise Risk Management initiative, culminating in assessment by
senior leadership team and Board of key business risks and development
of appropriate risk responses.
• Successfully implemented a risk and controls awareness program for the
group companies management and staff.
• Ensured meeting the requirements of the Capital Market Authority
throughout a successful IPO process.
• Conducted audit of Inventories, resulting in savings of US$ 3 Million.
• Identified deficiencies in group receivables processes, resulting in
collecting previously written off receivables of US$ 1 Million.

• Established and led regional a risk-based Internal Audit Activity.
Recruited and managed entirely new staff of 4 professional
auditors.
• Developed risk database for the company by identifying, assessing
and prioritizing risks for each department
• Identified significant deficiencies in IT security, resulting in
establishment of tightened Information Security policies and
procedures.
• Improved the efficiency of operations for various departments by
recommending abandonment of unnecessary controls
• Contributed to the development of both corporate governance and
operational procedures as a consultant
• Reviewed quarterly financial statements and provide the Board
Audit Committee with the comments to be addressed to the Board
of Directors upon approval.
• Developing a 3-year consolidated strategic internal audit plan for
the group.
• Identified deficiencies in revenue processes resulting in saving an
annual revenue leakage of US$ 1 Million.

• Established and led regional a risk-based Internal Audit Activity. Recruited
and managed entirely new staff of 4 professional auditors.
• Developed risk database for the company by identifying, assessing and
prioritizing risks for each department
• Identified significant deficiencies in IT security, resulting in establishment of
tightened Information Security policies and procedures.
• Improved the efficiency of operations for various departments by
recommending abandonment of unnecessary controls
• Contributed to the development of both corporate governance and
operational procedures as a consultant
• Reviewed quarterly financial statements and provide the Board Audit
Committee with the comments to be addressed to the Board of Directors
upon approval.
• Developing a 3-year consolidated strategic internal audit plan for the group.
• Identified deficiencies in revenue processes resulting in saving an annual
revenue leakage of US$ 1 Million.

• Facilitated workshops for selected functions and the internal audit activity
within a company to assess risks and evaluate controls
• Installed personalized Risk Profiling software and providing training on a
unique methodology to meet internal control requirements
• Developed compliance tests to help management ensure controls are
working as intended
• Assisted in the development of various internal audit scopes for key
management objectives and risks

• Implemented Sarbanes Oxley Act requirements by managing the evaluation
and redesign of the internal control systems
• Conducted successful risk mapping projects by identifying and prioritizing
main risks related to revenue cycle, purchasing cycle, etc
• Enhanced the control environment for various departments by taking full
control of the risk assurance and consulting engagements
• Produced internal audit reports.

• Handled the audit for medium-to-large companies operate within
manufacturing, trading, healthcare and hospitality industries.
• Prepared financial statements for more than thirty different size companies
according to IFRS
• Handled the preparation and keeping of accounting records for
manufacturing, commercial, and services companies
• Evaluated internal control systems for the various types of business cycles,
and prepared management letters regarding internal control weaknesses
and recommendations