Specialist, Internal Audit and Risk Management
Samsung Electronics Canada
Total des années d'expérience :17 years, 11 Mois
Coordinated annual risk assessments and delivery of internal audit plan, including self-audit and marketing vendor due diligence. Organized development of audit procedures to be performed, including planning, executing, and completing audit fieldwork according to established schedule. Utilized audit objectives and procedures of internal controls: GPPM, EW, and various policies.
• Conducted value added tasks, such as preparation of various audit and risk management reports, reducing risks levels across organization.
• Supported audit assignments and ad-hoc projects with HQ/NAHQ audit teams as required, contributing in leveraging compliance culture among employees.
• Guided and trained processes, systems, and policies to employees in various departments, enhancing adherence to implement new policies and procedures.
• Executed due diligence process for onboarding marketing vendors and identified risk associated, mitigating all risks associated to vendors with low quality of work and weak financial status through evaluating vendors operational and financial position.
• Monitored vendor compliance, vendor existence, and investigated vendor score card, contributing significantly in reducing false claims submitted by vendors and delivering reliable evidences for executed events and activities.
• Provided process consulting services for newly proposed projects and suggested improvements during implementation stages by applying preventive control tools, minimizing risk exposure.
Created, coordinated, and evaluated financial programs and supporting information systems of company to include budgeting, real estate, and conservation of assets. Approved and coordinated changes and improvements in automated financial and management information systems for company.
• Coordinated preparation of financial statements, financial reports, special analysis, and information reports utilized to design useful dashboard report for management use.
• Approved and processed department budgets, revenue, expenditure, and position control documents, providing templates and ready formats that tracked variances and highlighted key accounts.
• Established and maintained appropriate internal control safeguards for company assets, supporting internal audit functions through monitoring implementation.
• Interacted with managers, delivering consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
• Maintained accounting records, complying with accepted auditing standards, supporting external auditor task, producing financial statements clear from materials misstatements.
• Analyzed cash flow, cost controls, and expenses, guiding business leaders. Analyzed financial statements, pinpointing potential weak areas, presenting suggestions for improvements.
• Built and implemented short and long-range departmental goals, objectives, policies, and operating procedures, following up with key performance indicators measurements to accounting staff.
• Served on planning and policy-making committees and drafted accounting policy.
Managed and executed audit assignments periodically on monthly basis. Conducted audit programmed / checklist for daily, weekly, and monthly audit review. Handled special assignments per management instructions.
• Reported on recommendations on systems, control, and procedures, increasing productivity and operational efficiency.
• Carried on regular audit visits to company branches and subsidiaries in countries under MENA HQ supervision, giving guidance and training for issues identified and weak processes.
• Performed audit assignments and investigations in finance, marketing, services, logistics, and sales processes and suggested improvements, enhancing implementation of company policies and procedures, ensuring compliance.
• Evaluated cost effectiveness and risks of operational processes, activities, policies, and systems by applying only added value audit tasks taking into consideration cost benefit extents.
• Established audit objectives and designed and implemented audit methodologies, processes, and audit report criteria, confirming full access to information granted to audit member, ensuring no scope limitation posed.
• Examined, verified, evaluated reports on financial, operational and managerial processes, systems and outcomes, warranting financial and operational integrity and compliance, and assisting in business process reviews and risk assessments.
Prepared audit and compliance monthly report to cover NFS activities. Carried on surprise basis visits to company's branches and check orders on spot in markets automated systems (Horizon) and other activities carried by branches. Reviewed exceptions and monitored compliance to Securities and Commodities Authority, Abu Dhabi, and Dubai securities markets laws, rules, and regulations and in accordance to internal policy.
• Implemented sampling and exception selection, reviewing accuracy of client’s orders and reporting compliance with authorities’ rules and regulations.
• Conducted audit exit meetings by providing transparency on work done and identified issues.
• Assessed audit control risk, utilizing audit objectives by yielding explanation on key issues and guiding on proper implementation.
• Oversaw full compliance to all audit recommendations as suggested by Securities and Commodities Authority by issuing follow up reports reflecting current status of audit findings.
• Assisted in enhancing job knowledge of trainee auditors by supporting additional budget for external courses