Group Internal Auditor
FAZAH Industrial Company
مجموع سنوات الخبرة :20 years, 2 أشهر
• Prepare and administer an annual audit plan.
• Plan and oversee audits of gaming operations to assess controls, operational efficiencies and compliance with all policies, procedures and regulations.
• Maintain a comprehensive system for recording all audit plans, work papers, findings, reports, and follow-up audits.
• Insure the timely and accurate completion of the audit plan.
• Review audit work performed by staff for completion and accuracy.
• Prepare and complete detailed audit work for certain audits
• Conduct audit exit conferences. Draft and issue audit reports.
• Conduct special audits as required by management and issue results.
• Recommend revisions and/or additions to policies and procedures in order to improve operations as well as internal controls.
• Perform analysis or conduct projects as requested by the Chief Executive Officer.
• Respond to ad hoc requests to address control issues on new business processes, policies and procedures, and provide consultative services to management.
• Conduct training of new employees.
Al-Othman Holding Company Aug 2017 to date
Senior Internal Auditor
Duties and Responsibilities: -
• Lead planned audits into the company, including organizing teams, inspecting accounts, checking compliance with applicable laws, detecting ineffective or inefficient practices and verifying financial records
• Organize and present meaningfully detailed reports to communicate the results of an audit to company management
• Supplement written reports with suggestions for changes in policy
• Communicate with other departments to verify records and confirm company policies
• Evaluate company inventory, records, worker statements, assets, payrolls, cash on hand, insurance, tax statements and annuities, and use the information to guide financial policy
• Decide whether the company’s financial actions and policies reflect its intentions, and make judgment calls to improve the company’s trajectory if need be
• Research federal and state financial laws and examine the company’s books to ensure compliance, and inform management immediately if there is a discrepancy
• Review past data, stay informed about new developments and be prepared to integrate changing books into a current policy
- Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
- Determine internal audit scope and develop annual plans
- Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc.
- Prepare and present reports that reflect audit’s results and document process
- Act as an objective source of independent advice to ensure validity, legality and goal achievement
- Identify loopholes and recommend risk aversion measures and cost savings
- Maintain open communication with management and audit committee
- Document process and prepare audit findings memorandum
- Conduct follow up audits to monitor management’s interventions
- Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
• Oversee risk-based audits covering operational and financial processes.
• Plan optimum audit policies in the organization by adhering to established local and international standards.
• Apply relevant business solutions by analyzing the audit documents in depth.
• Analyze risk-oriented auditing processes that cover crucial parameters like financial transactions and operations
• All work performed is moderately supervised; generally, provides guidance to staff on assignments of low to medium complexity as assigned by the in-charge
• Work with Internal Audit and client management and staff to identify feasible resolutions to control weaknesses and opportunities for improvement
• Provide audit assistance to external auditors in their performance of other annual financial statement audits
• Identify new risks and provide assistance in developing controls
• Perform other duties as assigned by Audit Manager
• Preform reviews to evaluate and improve the effectiveness of Control Systems, SOX monitoring, Financial Risk Management and Fraud Recognition.
• Work with management on key initiatives and projects.
To award Master degree in accounting and finance , this requires 2 years continuous study in between the affiliates has to set for exam , after passing the exam successfully,afterwards a written complementary research in a relevant subject is required.
