Senior Internal Auditor
Bukhatir Group
مجموع سنوات الخبرة :7 years, 9 أشهر
Bukhatir Group is a large and diversified business house in the U.A.E. Its main interests straddle construction, manufacturing, information technology, shopping malls, education, engineering services, real estate development & sports.
The geographical domain of the Bukhatir Group spans over half the world, from North America to North Africa, West and South Asia. The group has an employee base of 4, 000+ and its current aggregate annual turnover stands at approx. AED 3 billion
Currently Working with Bukhatir Group as Senior Internal Auditor from August 2013, I am part of various projects, engagements and assignments. My work responsibilities are following:
Internal Auditing and other assignment responsibilities include:
o Conduct Financial and Operational Audits based on the annual plan in a highly professional manner and in accordance with the Internal Auditing Standards.
o Identify measure and prioritize the risk in the audit process to address the auditable areas of greatest significance and determine the scope of the audit.
o Conduct interviews and collect the required information through familiarization; identification of potential problem areas and walkthrough.
o Identify all auditable activities and relevant risk factors, evaluate, assess significance, and assign risk rating and priority levels for the risk factors
o Prepares formal written reports and action plans on the adequacy and effectiveness of the system of controls and the efficiency with which activities are carried out.
o Take ownership of reviewing all business, financial systems and processes whilst ensuring compliance and best practice across their complex and growing operation
o Ensure the execution and undertaking of all financial and operational audit processes.
o Prepare review procedures to standardise policies and test schedules.
o Align to international accounting standards.
o Alleviate the exposures across the business entities as risk is an important component.
o Develop any required procedures to mitigate risk.
o
Team Member of Business Process Restructuring (BPR) Project group wide level responsibilities include but not limited to:
o Analysis of historical Audited Financial Statements.
o Analysis of budgets, variation to actual results.
o Analysis of forecasting information and basis of preparation of information
o Inquiry with management regarding future prospects of business going concerns
o Business strategic information Analysis by applying various models Like PESTEL, SWOT, value chain and organizational Behavioral aspects
•Development of Annual Audit Plan, performance of audit procedures, supervision and finalization of engagement.
•Understand the entity and its environment including identification of risk of material misstatement.
•Perform preliminary audits to develop a clear understanding of the events and practices which may have a significant impact on the operation of the organization and identify areas which may require special attention or consideration.
•Participates in identifying those activities subject to audit coverage, evaluating their significance and assessing the degree of risk involved in the activity in terms of cost, schedule and quality.
•Prepares formal written reports and action plans on the adequacy and effectiveness of the system of controls and the effiiency with which activities are carried out
•Plans, coordinates and supervises the work of assigned personnel to ensure that approved audit objectives are met and that sufficient audit coverage is achieved.
•Conducts special assignments and other internal audit related activities as assigned by Manager Internal Audit
•Prepare a Draft Final Audit Report, and submit other reports and documents as deemed necessary.
•Hold Closing Conference.
•Comply with and respect the procedures, rules and regulations of the Corporation.
•Any other tasks and duties from similar nature, level, or assigned by the BOD.
Preparation of presentation for audit committee meetings and written communications with those charged with Governance including Internal Control Memorandum.
•Supervised professional staff assigned to respective audit engagement; monitored staff’s progress with respect to time budgets frequently to ensure that the assignment is on schedule.
•Work on the Detail Fixed Assets Register in ERP (oracle System).
•To plan, conduct, review and finalize the audits of clients in various industries.
•Preparation of financial statements in line with International Financial Reporting Standards.
•Assisting and advising management in implementation and monitoring of accounting
•Internal control systems of various organizations.
•To perform accountancy work.
•Supervising and guiding the junior staff of the team.•
Preparation of Management Letter for audit clients
•Designated team leader for audit exercises in all assignments.
•Random checking of account books and vouchers.
•Maintain a high standard of ethics, discipline and professionalism.
• Ensure that accepted accounting and audit principles are followed.
•Evaluate the adequacy and effusiveness of internal audit procedures and operating system controls.
worked as Associate Auditor- Rahman Sarfraz Rahim Iqbal- chartered Accountants- Pakistan, is one of the largest professional services firm in the Pakistan providing services in the area of accounting, auditing, management and human resource consultancy to a range of multinational and local organizations.
My key responsibilities included:
Carry out statutory audits of clients which mainly include reviewing financial statements, systematic analysis of client’s business framework, system understanding, analytical procedures, substantive testing to ascertain effectiveness of systems, risk analysis & assessment and substantiate conclusions reached through the audit work.
Pursuing
ACCA – Member (UK)
B.COM ( GRADUATION)
