Internal Auditor
Rubaiyat Company for Industry & Trade
مجموع سنوات الخبرة :14 years, 0 أشهر
Ensure that organizational objectives are achieved efficiently & effectively.
- Perform risk assessment of group companies & maintain updated risk register.
- Execute the internal audit plan as per instruction of Head of Internal Audit Department.
- Create a reporting framework for departments to gather information for audit intelligence purpose.
- Conducting internal control evaluations & risk assessment to identify weakness in the system, prevent fraud,
embezzlement, misappropriation & abuse of company assets.
- Issue advice relating to mitigation of risk & ensure that the recommendations are applied on timely basis.
- Regularly monitor the internal control system.
- Ensure that the financial information that is presented is accurate, reliable & relevant.
- Ensure that the organization is complying with all relevant regulations
• Compile and analyze financial information to prepare monthly financial statements.
• Ensure financial records are maintained in compliance with accepted policies and procedures.
• Ensure all financial reporting deadlines are met.
• Prepare financial management reports.
• Establish and monitor the implementation and maintenance of accounting control procedures.
• Resolve accounting discrepancies and irregularities.
• Continuous management and support of budget and forecast activities.
• Ensure accurate and appropriate recording and analysis of revenues and expenses.
• Analyze and advise on business operations including revenue and expenditure trends, financial commitments and future revenues.
• Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems.
•Developed complete distribution system and order cycle along with sales and accounting software from Scratch.
•Establishment of Chart of accounts
•Developed the Procurement process and its effective accounting controls.
•Established the Sales cycle and controls thereon i.e. overseeing the complete customer invoicing process and managing the credit limits, credit period and in time recovery from customers.
•Implementation of Oracle based ERP system across the company and customization of the system as required.
•Review and preparation of monthly balance sheet, profit & loss, cash flow statement, statement of changes in equity and supporting documents thereon
•Review and preparation of Bank Reconciliation Statements and resolution of differences, if any
•Filling of monthly sales tax returns to the Federal Board of Revenue.
•Preparations of cash flow position, projections and working capital requirements for the management
•Review the petty cash imprest to ensure the appropriate classification of expenses.
•Routine dealings with banks.
we are involved in internal as well as External Audit of Private & Public Companies:
Supervising the execution of audits, monitoring and reviewing performance of audit teams
Developing comprehensive understanding of business as well as accounting and internal control system
Assessment of the financial statements in order to ensure their compliance with the requirements of the local laws, regulations and International Financial Reporting Standards (IFRS)
Preparation of reporting documentation and discussion with the client on highlighted matters
Providing assistance to companies in the preparation of financial statements according to the financial reporting framework
Review of accounting and internal control systems of different organization
Execution of Pre and Post Audit.
Risk assessment
Oversight of accounts, finance, procurement, export, marketing and other key functions of the organizations.
Preparation of monthly internal audit report & submission to CEO
Evaluation of the internal control system
Giving recommendations to the management about the control weaknesses
Budgeting and control
•Analyze financial reports and records relative to the accounting of reserves, assets expenditures
•Prepare monthly cash flow statement
•Maintain petty cash imprest.
•Prepare monthly accounts
•Prepare monthly bank reconciliation statements
•Analyze trends, costs obligations related to financial statements
•Responsible for reviewing and verifying the accuracy of journal entries accounting classifications assigned to various records
•Responsible for Goods Receipts process and payments to be made to suppliers
•Comply with internal controls
provide technical assistance to the students who are unable to understand the topic in the class.
Studied Advance Financial Management, Advance Audit and Advance Accounting.
Masters in Commerce
Studied a list of Commerce subjects: Economics, Commerce, Banking, Accounting, Audit, Reporting and others.