Senior Internal Audit Manager
Alshaya Group
مجموع سنوات الخبرة :21 years, 2 أشهر
Job responsibility includes the following:
• Implementation of efficient and effective measures including identifying opportunities for controlling costs through various audit examinations to safeguard against losses arising from waste, extravagance, inefficient administration and poor value for money, fraud or other causes and to ensure that the Company’s assets are adequately protected
• Identify major risks in the Business using Enterprise Risk Management (ERM) methodology and help the Senior Management in drafting the Annual Audit Plan and the Strategic Audit Plan.
• Identify needs to invest in manpower or technology, to enable the Internal Audit Department to provide effective risk coverage to the Business.
• Perform or lead complex / sensitive Audit reviews or special reviews / investigations.
• Finalization of Audit reports to with Audit observations, associated key risks, and recommendations & action plans agreed with the auditee.
• Manage and provide professional guidance / supervision to team members in Internal Audit division, on a continuous basis.
• Review of audit projects to ensure major risk areas are addressed therein and are completed within budgeted timeline and in accordance with departmental standards.
• Provide feedback to Senior Management on areas of improvement or introduction of processes that would helpful for the reviews in efficient manner (e.g. Risk Control Matrix for all process reviews).
• Preparation of presentation on conclusion of an Audit review or on a periodic basis, discussing key take-ways from the review including ways to improve and processes that were appreciated by the business.
• Perform different consulting activities and acts as a bridge between the Internal Audit Department and various Functions to enable them to achieve their respective Business objectives.
• Review of tendering process etc.
• Review of compliance to SOP & LOA through store audit checklist for more than 70 brands across Middle East & North Africa, Central & Eastern Europe etc.
• Review of SOP for Middle East & North Africa, Central & Eastern Europe;
• Review of Store Audit Checklist & finalization of the same for all operating markets in Middle East & North Africa, Central & Eastern Europe, Russia & Turkey;
• Providing training to store staff and Operations Management on Store Audit Checklist and different Company Policies and Standard Operating Procedures;
• Providing training to newly recruited staff within the Audit Department.
Job responsibility involved the following:
•Involved in risk-based audit plan in accordance with PWC Global practice;
•Identification, assessment, and mitigation of risk, preparation of risk control matrix, identification of route cause, identification of improvement opportunity and
•Follow-up on the implementation of recommendations with the support of management for internal audit assignments for various clients;
•Involved in preparation of snapshot of critical issues identified during the quarterly and monthly audits & present to the Audit Committee during quarterly and annual board meetings;
•Managed staffing resources for engagements, training senior staff to handle day-to-day operations and client issues;
•Developed new and established customer relationships for future business;
•Established a monthly mechanism that monitored staffed resources, the fee pipeline and future public communications which moved the business reactive to proactive;
•Designed and implemented second year Sarbanes-Oxley (SOX) program within 6 months period to move from a bottom up approach to a top down resulting in a reduction of internal controls and external expenses by 25%;
•Involvement in drafting communications to the audit committee (e.g. executive summary, budget etc.)
Business Sectors covered: Telecom, Metal & Mining, Manufacturing
Client handled:
Tata Steel Limited
Bharat Aluminum Co Ltd. (A group company of Vedanta Group)
ArcelorMittal
Alcatel-Lucent
Worked with working with Protiviti Consulting Private Limited as a
for preparation and review of financial statements of Hedge Funds for Fund
Work experience includes:
Limited Review Audit
Tax Audit
Internal Audit
- Clients attended include:
ITC Ltd.
Tata Steel Ltd.
Coca Cola (I) Ltd.
Titan Industries Ltd.
Experience includes:
•Statutory Audits
•Tax Audits
•Internal Audits
Price Waterhouse Coopers (PwC)
•Completed 3 years of articles training from Lovelock and Lewes (a member firm of PwC-Global
Audits
•Tax Audits
•Internal cum Management Audits
•Certification and Special jobs
•Major Clients handled includes:
•ONGC
•Oil India Limited
•Hindusthan Liver Ltd.
•Britannia Industries Ltd.
Participated in Team Asset implementation.
Chartered Accountancy from Institute of Chartered Accountants of India
Bachelor of Commerce