ثائر قنانبة

• Perform hot reviews for audit assignments’ planning and reporting phases to ensure the quality of deliverables related to notification letters, planning executive summaries, and final reports in compliance with the approved QSAB quality assurance framework and Audit Department methodologies.
• Perform cold reviews by selecting samples of audit assignments that have been reported and closed to ensure all audit assignments phases from planning, and fieldwork execution, and reporting till closing have been performed in compliance with the approved QSAB quality assurance framework and Audit Department methodologies.
• Report deficiencies which have been noted during hot and cold reviews and recommend any corrective actions accordingly.
• Prepare QSAB’s annual report which summarizes all audit assignments, observations and contributions that have been performed/made by QSAB during the year.
• Analyze, review and validate pre-populated risk registers (i.e., ORR-Operational Risk Registers) and entity level risk registers which have been received from subject entities.

• Prepare the assignment’s audit planning and allocation of resources and time based on the approved annual audit plan.
• Prepare and assist the audit team in preparing the new audit assignments by examining previous audit reports, policies, relevant data, surveying functions in the assigned areas to identify risks and to determine nature of operations and adequacy of control system.
• Document and guide the audit team in documenting the business process of the assigned area/function using narratives and flow charts.
• Ensure that all the risks of the function subject to audit are documented and updated using the Risk & Control Matrix with consideration of the group’s policies and procedures as well as the applicable laws, regulations and industry’s best practices.
• Prepare the audit procedures and programs of the assignment subject to audit, review it with the Internal Audit Manager and explain it to the audit team as per the assigned functions.
• Evaluate the effectiveness and adequacy of controls in place through analytical procedures, direct observation, document review, recalculations, etc.
• Draft and discuss audit findings with Internal Audit Manager and seek supporting evidential matter to back-up audit findings.
• Make preliminary recommendations to counter flaws in the control system.
• Evaluate adequacy of the corrective action to improve deficient conditions.
• Assist the audit team with technical requirements in compiling, drafting and completing audit procedures and audit reports.
• Review the work done by the audit team, ensure compliance with the audit assignment, planned scope and time and report any deviation to the audit management.
• Provide Internal Audit Manager with feedback about the audit team performance.
• Participate in special audit assignments.
• Prepare periodic and ad-hoc reports and presentations.

• Conduct risk assessment of assigned department or functional area in established/required timeline
• Review the suitability of internal control design
• Monitor the application of policy to ensure that all divisions adhere to the approved compliance policy and standards of operation and ensure that all observations/findings are reported with appropriate follow up corrective action taken.
• Inspect accounting books/ accounting systems to ensure adherence to the (GAAP, SCOPA), compliance with laws and regulations while recording transactions, audit the cash and financial transactions at operational stores
• Perform Operations Audit (i.e. Procurement to payment cycle, inventory management, Production, Sales and AR) and Compliance Audit.
• Perform special reviews at the request of management (i.e. fraud investigation - misappropriation sales’ collections, review insurance coverage).

• Managing accounting system and its procedures
• Control and direct finance department operation
• monthly analyses the financial results against budget
• Supervised all inventory transactions, reconciliations and Stock counts
• Follow up with banks
• Open and follow up letter of credits
• Preparing Monthly financial statements to top management