AZAM ALI MOHAMMED
Group Senior Internal Auditor & PECB Certified ISO 31000 Risk Manager
Targeting senior-level assignments in Internal Auditing & Risk Management with an organization of repute of repute in Retail, Manufacturing, Consulting, Airline, and Oil
& Gas industry, preferably in Middle East / UK / USA / Malaysia / Singapore
Toyota Jalawiya King Saud Street, Dammam Saudi Arabia adba44@r.postjobfree.com +966-*********
Core Competencies Finance & Accounts Internal Auditing
Compliance
Management
Reporting & Documentation
Team Management
Risk Analysis & Mitigation
Internal Controls & Audit
Liaison & Coordination Profile Summary
An analytical & goal-oriented professional offering nearly 10 years of resourceful experience with expertise in Internal Auditing & Risk Management.
Independently completed complex internal audit assignments requiring in-depth understanding of company procedures, as well as internal audit and accounting
standards. Proficient in assessing risk and applying results to the prioritization of audit projects and objectives. Experience in developing and completing various risk-based financial, operational and compliance audit programs under supervision of the Director of Internal Audit.
Skilled at reviewing the work of audit team members and furnishing recommendations as appropriate; ensuring completeness, accuracy, and compliance with set standards. Successfully achieved an overall audit cost savings of SR
560,000 with M.H. Alshaya Co. played a key role in grasping the credit of recovering $75,000 in Airfare Refund Review during the financial year 2009.
Possess sound knowledge of performing risk assessment activities such as Assessing of consequences and incidents likelihood, determining the level of risk, Defining risk evaluation criteria, and so on. A keen communicator with honed
interpersonal, problem solving and analytical skills.
Education
Pursuing CIA from the IIA Florida, USA
PECB Certified ISO 31000 Risk Manager
PGDIBF from Institute of Islamic Banking & Finance, Hyderabad in 2016
MBA (Finance) from Symbiosis Institute of Business Management in 2005
PGDBM from Osmania University, Hyderabad in 2005
B.Com from Osmania University, Hyderabad in 2000
Career Timeline
2003-2007
State Audit Department Hyderabad
2010-2011
United Constructions Pvt. Ltd., Hyderabad
Since 2015
Heba Fire & Safety Equipment Co. Ltd., Saudi
Arabia
Deloitte US India Offices, Hyderabad
2007-2010
M.H. Alshaya Co., Riyadh, Saudi Arabia
2011-2014
IT Skills
MS Office, Internet Applications & ERP
Work Experience
Since Jun’15 with Heba Fire & Safety Equipment Co. Ltd. (Subsidiary of Battoyor Holding Co.), Dammam, Saudi Arabia as Group Senior Internal Auditor
Key Result Areas:
Presenting audit findings to Management; working with Management in building recommendations and action plans based on findings
Coordinating multiple audit projects, including issue identification and execution of corrective action plans in accordance with regulatory and departmental guidelines
Supervising the development of the annual audit plan, work schedules, and performance measures; direct the analyzing & mitigating HEBA risk areas
Streamlining the overall performance of audit procedures including performance, financial, compliance, operational and information systems audit activities by identifying and defining issues, developing criteria, reviewing and analyzing evidence, and so on
Assisting & supporting the audit staff in conducting interviews, reviewing documents, developing and administering surveys, preparing working papers, and identifying & resolving audit issues
Managing & maintaining the department quality assurance program; delivering/presenting the results of audit and
consulting projects through written reports and oral presentations to management and the HEBA Audit Committee
Liaising & coordinating with management and the HEBA Audit Committee to review audit plans, audit results, and suggesting recommendations to resolve audit findings
Furnishing consulting services to department management which includes serving on committees in an advisory
capacity and the HEBA Audit Committee
Conducting complex analysis on implementation of new systems, procedures, and internal controls
Collaborating with co-workers, staff, and external contacts and maintaining relations with them
Regulating damaging or sensitive information discovered during of an audit
Keeping a track record of changing needs of the tribe and how departmental changes affect the scope of audit plans and audit priorities
Risk Assessment Activities:
Assessing of consequences and incidents likelihood
Determining the level of risk
Evaluating risk scenarios
Evaluating risk treatment options
Significant Accomplishments:
Analyzed data within audit areas using Excel to understand trends and risk patterns
Identified audit issues that enabled Heba Fire-fighting Equipment Manufacturing Co. to remove US$ 5.2Million of gross property, plant, and equipment from accounting records
Planned and supervised sensitive fraud interviews at the request of the Chief Financial Officer which led to a US$
0.5Million disclosure
Jul’11 – Oct’14 with M.H. Alshaya Co., Riyadh, Saudi Arabia as Senior Internal Auditor
Key Result Areas:
Adhered to compliance with organizational policies & procedures for performing the audits for various brands
Assisted internal auditors in internal audit investigations, and managed special audit assignments across all the brands
Held periodic performance reviews and organized modular training/ promotions
Performed other day-to-day activities such as:
o Directing the audit working papers for identifying areas of improvement and providing recommendations to improve establishment's management practices.
o Evaluating & reporting control weaknesses, thereby formulating short/long term plans, interacting with audit committees/senior management for smooth functioning of audit tasks.
o Formulating audit report to keep the senior management updated of the audit progress, as well as coordinating with other process owner to ensure smooth closure of the audit process within stipulated timeline. Analyzed & highlighted the high risk involved in day-to-day businesslike Cash Handling, Banking and Inventory
Management; reviewed Standard Operating Procedures, and incorporated changes as per business requirement
Conducted follow-up audits for all the non-compliances noted during the store audits, and surprise visit to the high revenue stores on request of the management to monitor the compliance with the SOP
Risk Assessment Activities:
Defining a risk management approach
Selecting of risk analysis methodologies
Defining risk evaluation criteria
Identification of assets, threats, existing controls, vulnerabilities and consequences impacts
Assessing of consequences and incidents likelihood
Determining the level of risk
Evaluating risk treatment options
Selecting and implementing controls
Performing a risk management review
Significant Accomplishments:
Successfully achieved an overall audit cost savings of SR 560,000
Played a pivotal role in the preparation of annual audit plans for conducting audits, evaluating the business and audit risks in alignment with the IIA standards & company policy
Identified & resolved all the non-compliances noted during the audit by using key system audit tools for maintaining a close tabs on due diligence
Jun’10 – Jun’11 with United Constructions Pvt. Ltd., Hyderabad as Managing Partner
Key Result Areas:
Prepared & implemented procurement strategies and associated policies & procedures considering the current and emerging national and regional procurement best practices
Built & maintained reliable business connections with suppliers on a regular basis to determine progress of
procurement activities; streamlined future procurement plans for the company
Collaborated with suppliers regarding current status of purchase orders, analyzed & corrected major invoice discrepancies, provided strategic guidance on procurement decisions, and so on
Conducted negotiations with suppliers to source products from economically viable sources, as well as ensured
maintenance of complete/ comprehensible purchase records in adherence to company policies/procedures
May’07 – May’10 with Deloitte US India Offices, Hyderabad as Audit Analyst
Significant Accomplishments:
Rewarded with accolades for proposing the development of a specific policy on personal gifts
Merit of grasping the credit of recovering $75,000 in Airfare Refund Review during the financial year 2009
Recognized for contributing an overall saving from audits in first 3 months for the financial year 2010 with a turnover of INR 5.6 million
Led & managed the Ageing Report process for open / pending items in audit which helped the Auditor to resolve
pending work
Acknowledged for initiating the Ageing Report Process
Developed & deployed internal audit process for entire firm consisting of 10,000 employees in various service lines
Spearheaded detailed reports on audit findings and suggested recommendations to improve organizational accounting/management practices and internal control systems
Appreciated for formulating procedures/policies for internal audit, assigned staff and budgeting hours for audits, tracked the progress of audits as well as provided technical assistance to auditors for smooth execution of internal audits
Successfully established risk based audit plans, determined the direction & objective of proposed audit methods and developed audit procedures in alignment with organizational goals/ standards
In-house Training
~ Interpersonal Skills, 3 Days ~ Ethics and Action, 2 Days
~ Independence & Action, 2 Days ~ Presentation Skills, 2 Days
~Team Working Skills, 2 Days ~ Leadership Skills, 2 Days
Previous Experience
Apr’03 – Apr’07 with State Audit Department, Hyderabad as Senior Auditor
Highlight:
Got promoted from Junior Auditor to Senior Auditor within two year of appointment for notable work
Personal Details
Date of Birth: 26thAugust
Languages Known: English, Hindi, Urdu, Arabic, and Telugu
Present Address: Ali Al Ansari Street Al Rakah Al Shamaliyah, Dammam 34225-3345 Saudi Arabia
Permanent Address: Excellency Apartments Flat 605 Malakpet Hyderabad India - 500036
LinkedIn: Azam Ali Mohammed, Group Senior Internal Auditor
Driving License: Indian & Saudi Arabian