Internal Auditor
Abu Dhabi Marine Operating Company (ADMA-OPCO)
Total years of experience :21 years, 11 Months
Currently working as an Internal Auditor, I conduct the planning, execution and conclusion stages of internal audits and other varied special nature engagements. My responsibilities include:
- Overall engagement planning
- Determination of areas of risk and appraisal of their significance in relation to operational factors of cost, schedule, and quality.
- Preparation of Audit Program for specific area of assignment.
- Preparation of Audit tools for Internal Control Evaluation and Financial Audit.
- Execution of Audit Program & Preparation of related working papers and communications.
- Preparation of Audit Report for area of assignment.
- Audit follow up- procedures & liaise with auditees to ensure agreed recommendations have been implemented and are proving to be effective.
- Coordination with various divisions and other group companies including other Joint & Associated Ventures.
- Evaluating internal control systems, identifying control weaknesses and making appropriate recommendations to the management
- Development of manuals and other training aids.
- Provision of on-job training and professional development of staff.
- Assistance to Internal Audit Manager in day to day management of the Internal Audit Function
Besides regular Internal Audit responsibilities, Compiled & Benchmarked the Internal Audit Organisation Policies & Procedures Manual for the Internal Audit Division of the organisation.
The assignments that have contributed to my professional growth, so far, include:
1. Review of the Accounts Payables Process;
2. Review of the Materials Accounting Process;
3. Close-out of System Based Integrity Management Project & Utilization of data gathered during the project;
4. Review of the Tendering Process;
5. Review of Efficiency & Effectiveness of Preventive Maintenance program; and
6. Review of the Compliance with Accounting Guide.
I lead teams through the planning, execution and conclusion stages of internal audits and other varied special nature engagements. My responsibilities include:
- Overall engagement planning
- Supervision of the work of staff engaged in the reviews of organizational and functional activities.
- Provision of a comprehensive, practical schedule of annual engagement coverage.
- Determination of areas of risk and appraisal of their significance in relation to operational factors of cost, schedule, and quality.
- Classification of engagement projects as to degree of risk and significance and as to frequency of coverage
- Direction to the engagement projects to see that professional standards are maintained in the planning and execution and in the accumulation of information.
- Counseling and guidance to the staff to see that the approved engagement objectives are met and that adequate, practical coverage is achieved.
- Evaluating internal control systems, identifying control weaknesses and making appropriate recommendations to the management
- Provision of formal plans for the recruiting, selecting, training, evaluating, and supervising of staff personnel.
- Development of manuals and other training aids.
- Provision of on-job training and professional development of staff.
The most significant assignments that have contributed to my professional growth include:
- SOX Review and Management Testing at Cansult Maunsell Limited | AECOM
- Risk Assessment Reviews at Ali & Sons LLC & Bhatia Brothers LLC
- Internal Audit Outsourcing & Co-sourcing Engagements at Abu Dhabi National Exhibition Centre (ADNEC)
- Special Internal audit & US Sanctions / OFAC Compliance Engagement at an SEC listed Safety Equipments Company
- Review of the Non-Current Assets & related policies and procedures at Injazat Data Systems LLC
- Forensic Review at a local business group involved in various trading and service activities
I lead large teams through the planning, execution and conclusion stages of statutory audits and other varied special nature engagements. My responsibilities include:
- engagement planning and supervision
- managing client relationship
- coordinating with professionals of various fields like legal, actuarial and IT experts and decision-making for resolution of critical reportable matters
- assisting clients in preparation of Financial Statements in accordance with the financial reporting framework applicable in Pakistan which includes compliance with International Financial Reporting Standards, local corporate laws and directives of regulatory authorities
- evaluating internal control systems, identifying control weaknesses and making appropriate recommendations to the management
- on-job training and professional development of staff
The most significant assignments that have contributed to my professional growth include Statutory and Interim audits of:
- State Bank of Pakistan
- Habib bank Ltd
- American Express Bank Ltd
- Mutual funds managed by Arif Habib Investment Management Ltd
Other assignments of advisory nature include:
- SOX 404 implementation at Habib Bank Ltd
- Risk Management Consultancy and policy formulation at Bank Alfalah Ltd & SaudiPak Comm. Bank Ltd.
- Internal Audit services at American Express Bank Ltd and Oman International Bank
- Consultancy on policy formulation for general banking, credit (consumer loans), treasury in compliance with the regulatins of the State Bank of Pakistan
- Minimum Capital Requirement certification of MCB Bank Ltd.
- Certification of PLS Account remuneration rate of Crescent Comm. Bank Ltd.
- Forced Sale Valuation Certificate of Non-Performing Portfolio of Habib Bank Ltd.
Was selected on merit for Internship at Faisalabad Serena Hotel, Faisalabad, Pakistan during 1999 summer from the Aga Khan Higher Secondary School, Karachi. Performed administrative functions in the
- Personnel Department,
- Purchase Department,
- Front Office and
- Finance Department
for three weeks.
Completed summer job at Al-Hussaiki Garments Factory and Al-Hussaiki Trading Est., Dammam, Saudi Arabia during 1997 summer. Learned and performed
- administrative,
- secretarial and
- record keeping functions in the following departments:
- Accounts Department,
- Purchase Department,
- Reception Desk,
- Filing and Archiving Department and
- Stores
for two months.
Passed the Certified Internal Auditor Examinations in first attempt.
Passed all papers till managerial level in first attempt
Secured merit positions and scholarship in all foundation and intermediate level send up examinations held by the School of Business Studies, Karachi (A Registered Accounting Education Tutor of ICAP)
Secured 2nd position all over in Karachi in final examinations held by the University of Karachi by attaining 58.20% marks
Secured 1st position allover in Karachi in final examinations held by the University of Karachi by attaining 73.93% marks
Secured 2nd position all over in Karachi in final examinations held by the Board of Intermediate Education, Karachi by attaining 77.54% marks, and was awarded merit scholarships from various institutions including the Board iteself, Aga Khan Education Services Pakistan and FANOS (a local NGO)