Manager – Assurance, Internal Audit, Risk Advisory
MAZARS Chartered Accountants
مجموع سنوات الخبرة :13 years, 5 أشهر
Current Position: Manager - Assurance, Internal Audit, Risk Advisory Reporting to: Head of Department Duration: May 2018 to Present (5 Year+) Brief Job Description:
• Proposal formation, agreeing the scope of work with clients and resource planning for the assignments.
• Develop Internal audit function at the clients by creating and improving the Internal Audit Charter, Manual, Policies and Procedures, risk assessments and developing the audit universe.
• Ensure all activities within the audit function are performed in alignment with IPPF standards and / or industry best practices.
• Audit Reports writing and presentation to the Board/ Audit Committee for the internal audit performance and work done.
• Develop and apply firm methodology for risk classification by establishing Risk Heat Map for each client.
• Conduct the risk assessment, internal audit, and compliance review as per internal and external regularity requirements.
• Improve internal control efficiency and risk reduction by presenting valuable audit findings.
• Develop and review standard operating policies and procedures.
• Develop, review, and execute risk-based annual audit plan in accordance with the standards for the Professional Practice of Internal Auditing, guidelines, and best practices.
• Prepare and execute the audit planning memorandum, audit programs and working papers.
• Manage and coordinate meetings with the process owners for conducting the field work (i.e., Process understanding, walk through, test of controls and working papers).
• Perform test of control, fact-gathering, and data analysis, in a thorough, accurate and organized manner
• Communicate emerging issues, potential risks, and audit results to key stakeholders.
• Draft, discuss and issue the findings and reports with recommendations after thorough root cause analysis to management.
• Prepare and present the audit reports and annual audit status to the audit committee.
• Follow-up on previously agreed audit recommendations and track the implementation of these recommendations.
• Conduct fraud investigation review and review of management information system reports.
• Review the compliance arrangement for Anti Money Laundering (AML) of Dubai Financial Service Authority (DFSA) and other regularity requirements (i.e., DFSA Rule books, General, Conduct of Business and Corporate Governance).
• Guide and motivate subordinates to enhance performance and produce quality work and ensure that they are continuously developing for higher level roles.
• Prepare reports on the overall performance of Business Continuity and Risk Management departments after assessing clients’ risk control matrices and business continuity management plans.
• Prepare risk-based audit work programs after assessing the risk associated to the process in accordance with the scope of work.
• Meeting with appropriate staff to obtain an understanding of the business processes and participate in kick-off, status and exit meetings.
• Prepare process flow charts and working papers.
• Identify, evaluate, and rate the risks for each process under review (RCM).
• Complete testing of audit steps of audit programs on timely basis.
• Evaluate internal controls, compliance processes.
• Prepare internal audit reports, standard operating policies, and procedures (SOPs)
• Conduct follow-up audits to assess the status of the implementation of the internal audit recommendations.
• Perform other special tasks (such as projects pertaining to Ad-Hoc, standard operating procedures (SOP) development, external audit, financial statements preparations, consultancy, specific compliance, etc.) as instructed by head of internal audit.
• Assist in proposal preparation and submission for internal audit, by preparing the scope of assignments.
• Assess and evaluate the plans and risk associated with business continuity to the group.
• Perform Compliance Audits on Internal Policies, Standard Operating Procedures and Manuals.
• Assist in development of internal audit plan after assessing the risk involved in each process.
• Assess and evaluate internal controls and accounting systems.
• Ensure compliance with company policies and procedures and other legal requirements by conducting pre and post transaction audits.
• Conduct special assignments as required by management, and reporting on the findings outcomes and recommendations on internal audit activity.
• Liaise with external auditors to ensure annual monitoring is carried out timely.
• Conduct and supervise audits in accordance with international standards of Auditing (ISA).
• Preparing financial statements in accordance with international accounting standards (IAS) for regulatory authorities and bank borrowing purposes.
• Prepare management letter, identifying the internal control weakness in accounting records during the audit and give suggestion to management.
• Financial Reporting: Financial closings and incorporation of period-ending accounting entries for preparation of periodical Financial Statements.
• Perform a detailed review of the operations and internal control systems in a computerized environment to identify weaknesses in the system and to give recommendations for improvement.
• Assist clients in preparation of financial statements in accordance with the applicable financial reporting framework including compliance with International Financial Reporting Standards (IFRS), local corporate laws and directives of regulatory authorities.
• Compute and Fille of income tax and sales tax returns and wealth statements of the directors.
A member of Association of Certified Chartered Accountant
Master In Commerce