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Manager Internal Audit

Riyadh, Saudi Arabia
QR 20000
January 15, 2020

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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 +966-*********

Core Competencies Finance & Accounts Internal Auditing



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.


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


State Audit Department Hyderabad


United Constructions Pvt. Ltd., Hyderabad

Since 2015

Heba Fire & Safety Equipment Co. Ltd., Saudi


Deloitte US India Offices, Hyderabad


M.H. Alshaya Co., Riyadh, Saudi Arabia


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


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

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