Internal Audit Manager
Egypt Bakery Stores & Egypt Modern Bakery
Total years of experience :28 years, 5 Months
Prepares Annual Work and Financial Plan/Budget (AWF&P/B) of the IA staff (GM is authorized by the Board of Directors to approve IA plan)
Reviews and approves individual commitment plans and the accomplishment of the audit staff directly being supervised
Monitors and evaluates job performance of the auditors
Leads internal audit team to conduct regular internal audit and follows up activities in an effective, professional and timely manner
Ensures that implementation of internal audits is accomplished according to established plan and is operated efficiently by the unit (IA Dept.)
Provides necessary trainings to branch staff related to established policies & procedures of the company
Assists in the hiring, selection and placement of the new staff, as requested
Strengthens the internal audit department with regard to the management, credit activities, and financial information
Develops audit program, guide/procedures and internal control function for internal auditor(s) to implement and reviews existing audit program and procedures/guides to meet new established system in the company
Participates to meeting of the Board of Directors as requested
Participates in development of the computerized management Information & accounting system
Review systems and operations to assess the extent to which organizational objectives are achieved and the adequacy of controls over activities leading to such achievement;
Review the policies and processes of the company’s risk management;
Provide assurance about the entire risk management process that risk policy, structure and practice is functioning as designed and intended;
Evaluate the relevance, reliability and integrity of management and financial information;
Appraise utilization of resources with regard to economy, efficiency and effectiveness;
Access the means of safeguarding assets and verify their existence;
Ascertain the extent of compliance with established policies, procedures and instructions;
Recommend improvement in procedures and system to prevent waste, extravagance and fraud;
Advise on appropriate systems of controls and other accounting and operational matters in a consulting capacity;
Check compliance with applicable laws and regulations;
Conduct follows up to ensure issues encountered have been fixed by concerned person.
Produces audit report and maintain report systems across management and report to the General Manager, and to Board of Directors
Report quarterly to General Manager and Board of Directors on the adequacy of the company’s system of internal controls.
Express and overall impression of the audit without fear or favor to the management
Draw attention to any failure to take remedial action
Ensure implementation of a budget process with periodical analyses of review of financial projections & participation in the financial planning
Keep relationship with External Auditors on Internal Control Report to work on finding issues and action taken
Liaise with external auditors to ensure that there is no duplication of audit efforts
Project manager for implementation of ERPS Microsoft AX2012.
Handled technical troubleshooting within an enterprise environment, including system crashes, slow-downs and data recoveries. Engaged and tracked Priority 1 issues, with responsibility for the timely documentation, escalation (if appropriate).
Scrutinize Accounts to ensure classifications are correctly posted for consolidation
Manage all the accountants and accounts controllers in all regions
Maintain Dolphin Data and ensure replication is done continuously in effective manner.
Make sure everything is posted as defined to ensure proper cut-off of accounts for reporting
Manage and monitor JMG fixed assets
Ensure that everything is invoiced on properly and correctly documented
Perform Internal Audits within Department including but not limited to Pact accounts, salaries, cost and budgeting, production and control banking processes
Ensure that Stock sampling is done as planned
Post and Reconcile Foreign suppliers accounts on a monthly basis
Make sure allocation is done on a daily basis
Reconcile bank statements as scheduled
Account for provisions on monthly basis
Prepare the pre-payment schedule
Make sure all Regions work according to plan and adhere to procedures
Audit the Branches work when needed
Prepare and monitor budgets when needed
Prepare commission schedules and authorize payment
Monitor aging schedule of suppliers and authorize payment
Manage all stores if properly counted and documented by store keepers and stock controllers
Handle the chart of account of JMG
Ensure Deadlines are met from all regions
Handle External auditors when needed
Reconcile the main local suppliers of JMG and PACT
Monitor and reconcile and manage various accounts such as VAT and Devaluation
Prepare fixed assets schedule
Monitor and reconcile transitory warehouse of materials
Reconcile Branches on monthly basis
Handle all maintenance contracts and accounts plus package
Handle credit control requests and amendments as and when required
Regular staff meeting and report to Managing Director
Preparation of financial statements for EBS
Perform audit preparation and interface with external accounts
Review and advise on accounting treatments and assist in the preparation of budgets and capital expenditure
Complete accounts payable and forecasting of cash flows
Perform the balance sheet reconciliation process between GL and other models
Preparation of monthly and quarterly financial analysis
Variance analysis and insurance claims
Collaborate with consultants and internal medical institutions
Report to chief accountant on the financial control
Responsible for reconciling and keying in accounts payable and receivable for this food-processing organization
Banks reconciliation and credit controls
Obtain customer’s feedback and complaints for and documentation and present action plan for rectification
Cash-flow management and monthly reporting
Salaries and balance sheets preparation
Perform year-ends accounting works and related audit
Liaise with industrial and commercial Egyptian trading companies on auditing issues
Preparation of final balance and general and specific accounting systems
Carry out the mid-year outlook and continuous forecasting requirements
Assist Chief Accountant and Managers in identifying key actions for budget controls
Improvement process to standard reporting
Audit our clients cost
Preparing taxes quarterly report
Managing Customer service order processing.
Responsible for checking and following up the accounts Receivable.
1- Send and receive faxes and respond to phone calls.
2 - reception and farewell visitors.
3 - Follow - up to everything published through various media and presentation to the superiors .
B.S. Degree in Commerce & Business Administration ;Focus in Accounting & Finance
Commercial technical education
Secondary commercial education
