MOHAMED ELGHONEIMY

Al Rehab City, New Cairo, Egypt

Mobile: +2-011-**-**-****

Email: adbtdn@r.postjobfree.com

OBJECTIVE

Senior Level Audit Proficient with 20+ years of experience seeks the position of Chief Audit Executive

/Group Director in an executive capacity where leadership and management skills can be exercised to improve the Group's expansion and long-term viability as a successful business while adding value to an organization’s growth and success.

PROFESSIONAL PROFILE – Summary of Achievements

Internal Audit professional with strong background in carrying out an independent appraisal of the effectiveness of the policies, procedures and standards by which organization's financial, physical and information resources are managed; acting as a facilitator in business risk management and carrying out value for money reviews, thereby assisting the top management and the board of directors (audit committee) of the organization in the effective discharge of their responsibilities. Professional, with broad-based expertise in new business establishment, Mergers & Acquisitions and in launching state of art internal audit function to provide significant advices both as advisory services and/or compliance assignments.

Laying down the most efficient and sufficient audit systems for organizations in start-up phases, and thus mitigate the major risks and threats that would encounter organization in such phases to help driving implementation of best practices while ensuring compliance with all regulatory requirements. Solid background in restructuring, process re-engineering and turnaround with multinational organizations by leading business consultancy, business development projects, in USA, KSA and Egypt. Acquired the fundamentals and genuine basis of audit knowledge and experience since graduation and for 5+ years in Pricewaterhouse & coopers (PwC) across the major diversified industries and sectors. PROFESSIONAL EXPERIENCE

Freelance Feb, 2014 – Present

Internal Audit, Risk Management

Governance & Forensic Services

Assignments list is available upon request.

( THE ABRAAJ GROUP ) March, 2012 – Feb, 2014

INTIGRATED DIAGNOSTICS

HOLDING

GROUP INTERNAL AUDIT DIRECTOR

“The Abraaj

Group” is the major shareholder of IDH, number one in the Middle East in Health care Field, holding one of the market leaders in diagnostics tests business in the Middle East & South Asia. Acquired both (Alborg laboratories group) and (Almokhtabar laboratories group) among other businesses in patient test scanning, Hospital management, covering over 250 labs all over Egypt and the Middle East.

Establish Internal Audit Department with designing a related audit charter and audit procedures manual.

Design, prepare risk universe in the organization as a base for (risk-based-audit approach)

Assigned by BOD to deliver advisory services in merger projects over all process phases based on the 5 Pillars approach (Governance-Finance-HR-IT & Procurement).

Expand the internal audit department structure to carry out audit activates in the newly acquired subsidiaries in the region (KSA, Qatar, Sudan, Jordon) and other businesses in Health care as well.

Plan, organize and carry out the internal audit function including the preparation of an audit plan which fulfill the responsibility of the department, including scheduling, work assigning and estimating resources needed.

Design Forensic Function under internal audit & risk management department, conducting all fraud investigations, setting Investigation Committee as per fraud management process.

Work with management to ensure internal control system/procedures are in place which ensures that all the company’s major weaknesses are identified, analyzed and reported on a quarterly basis.

Conduct any reviews or tasks requested by Audit Committee as special assignments, which is part of advisory services.

EVARA GROUP – INTEGRATED IT Jan, 2011 – Feb,2012

SOLUTIONS & BUSINESS

CONSULTANCY

New york-USA

Cairo -Egypt

Riyadh-KSA

BUSINESS CONSULTANCY- DIRECTOR

* Establish ‘In-House Consultation’ service in EVARA- KSA office. One of main client was ‘Zahran Group” restructuring project. This group is ranked as one of ten leading companies in Saudi Arabia market, executing several activities in GCC and based in KSA, activities includes diversity of industries as follows:

Contracting (Zahran construction is ranked as no.43 in largest Businesses in KSA Economy year 2006

Traveling (ALTayar)

Financial services, capital Investment

Governmental services management (Hospitals, universities, etc...)

*Engaged in Three consultation projects with Zahran group as follows:

Restructure project over Zahran group

Process Reengineering process for all major organizations as subsidiaries.

Implementation of Oracle based ERP System all over Holding and subsidiaries. May, 07 – Dec 2010

ETISALAT MISR

HEAD OF INTERNAL AUDIT

Joined at the launching date to establish internal Audit Department with designing a related audit charter and audit procedure manual.

Report to both the CEO and the Audit committee (B.O.D)

Support and maintain risk universe in the organization as a base for (Risk Based Audit Approach).

Expand the internal audit department structure to carry out audit activates in the newly acquired subsidiaries in the field of Internet services (Nile Online, Egy Net).

Plan, organize and carry out the internal audit function including the preparation of an audit plan which fulfill the responsibility of the department, including scheduling, work assigning and estimating resources needed.

Design Forensic Function under internal audit & risk management department, conducting all fraud investigations, setting Investigation Committee as per fraud management process.

Work with management to ensure internal control system/procedures are in place which ensures that all the company’s major weaknesses are identified, analyzed and reported on a quarterly basis.

Conduct any reviews or tasks requested by the Audit Committee or/Chief Executive Officer as special assignments which are part of the Advisory Services.

Make recommendations on the systems and procedures being reviewed, report on the findings and recommendations, monitor management's response and implementation (Action Plan). May,2000 – Feb., 2006

FRANCE TELECOM,

MENATEL FOR PUBLIC PAYPHONE -

EGYPT

INTERNAL AUDIT MANAGER

Established internal audit function directly reporting to the Global Internal Audit Department – FRANCE TELECOM, FRANCE.

Applied Risk Assessment Methodology.

Developed the scope for Operational, Financial and IT Audit projects, designing appropriate audit steps necessary to promote effective audit coverage for the CEO's approval.

Assisted in the design of the IT Audit Program routine using Oracle software to analyze computer systems databases and performed data mining & analysis to assess the effectiveness and efficiency of automated controls.

Analyzed operational and management processes and system controls' effectiveness and efficiency in view to improve them and propose value-added recommendations.

Ensured the compliance with Menatel policies and procedures.

Prepared recommendations for all levels of management, considering materiality, pertinence and documentary evidence.

Presented to area management the results, recommendations and conclusions of audit reviews.

Maintained respectful and effective communications and relationships with management and staff of areas under audit. Prepared draft audit reports in both official languages.

Performed external audits (exercising the Corporation's Right of audit) in the areas of revenue and costs that were beyond the direct control of the company employees such as certain construction contracts.

BUSINESS DEVELOPMENT FUNCTION

Business advisory is one of the main responsibilities of the internal audit department since starting. This has encouraged MENATEL’S top management to assign me as the internal audit manager to handle the business development, strategic planning and change management responsibilities starting from march2003.

Subscribed as a member of the strategic team assigned to evaluate and study all strategic issues.

Key player in a team to review the strategic plan including the preparation of full review to SWOT Analysis, interviews with all key positions in the company and discuss the detailed business matters with them.

Recommend the suggested issues to be considered by the BOD and the CEO while decide the approved directions.

Supervise all projects teams in regards to business potentials and report the results to the CEO.

Participate in the restructuring project with the directors and the CEO.

Assigned by France Telecom to conduct Business Consultancy Project (for Morocco Telecom/The market leader for telecom in Morocco).

1998 – 2000

PYRAMIDS FOR DEVELOPMENT &

TOURISM INVESTMENTS CO.

INTERNAL AUDITOR

Establishment of the internal audit role with designing the related charter and policy.

Design an Internal Control Structure & procedures, providing all required reports to the owners.

Carried out the responsibilities of fraudulent investigations. 1996 – 1998

ADVANCED COMPUTER &

TECHNOLOGY.

California USA

INTERNAL AUDITOR

Establishment of the internal audit role with designing the related charter and policy.

Design an Internal Control Structure & procedures, providing all required reports to the owners.

Apply financial audits over franchisees operations.

Prepare federal and state corporate tax reports on quarterly and annual basis. SENIOR IN-CHARGE AUDITOR

Adopted a professional skeptical mindset, raising issues to more senior team members as appropriate.

Showed thorough knowledge of PwC’s risk management policies and procedures in documentation and oral communications.

Strong background in understanding of international GAAP and updated domestic laws and regulations.

Showed the ability to take into account the risks and factors associated with changes impacting client's business model and performance.

Consulted with PwC’s technical specialists on a timely basis, analyzed issues and clearly communicated the outcome of the consultation to client.

Minimized PwC’s risk exposure by challenging client’s thinking, convincing them of reasons to change and resolving issues in the best interest of PwC and the client.

Developed a work plan or approach for either a simple engagement or parts of a complex engagement, including: scope; engagement flow; staffing and other resource requirements; deliverables (tailored to exceed client expectations); and engagement budget.

Analyzed information found during the fact-finding phase to develop frameworks and draw conclusions from fieldwork.

Made decisions on priority of issues and associated risks identified during fieldwork, and articulated and supported position on key findings and recommendations within client work or other outputs/ deliverables.

Performed auditing and review procedures to express an opinion on financial statements in accordance with an identified financial reporting framework and/or statutory requirements.

Evaluation of clients internal control systems and reporting weaknesses for the firms under 1991 – 1996

PRICEWATERHOUSECOOPERS (PwC)

Cairo, Egypt

audit.

Verified the accuracy of the presentation of documents and transactions. Major clients include:-

Telecommunication: AT&T

Banking: Egypt America Bank, Delta International Bank

Manufacturing: Jack (Citroen), Mac (Ferodo), Mifco, Emesal, Arab Aluminum Co. and all ALkharafi investments in Egypt

Construction: Castagnitti (Italian construction company By Fiat, Chemical for Modern Building (C.M.B.)

Trading: U.T.I., MASCO

Hotel & Tourism: Pizza Inn, Delta for Hotels & Tourism Co. (Ramada Hotel – Alex.)

Money Exchange: M.C.M.E.

EDUCATION

Bachelor's Degree in Accounting, University of Ain Shams, 1990 PROFESSIONAL TRAINING

Specialized conferences and training in internal audit management and techniques including:

Audit Directors' & Managers' Symposium”, Arizona-USA, Dec., 2009

Developing Executive Leadership, TTM, Egypt, Nov., 2009

Business Decisions, April, 08

France Telecom, Heads of Internal Audit department in Subsidiaries, Paris, France, Nov., 2002,2003,2004and 2005

SKILLS AND ACCOMPLISHMENTS

Strong and decisive leader with excellent analytical, organizational, team building, and planning skills.

Maintain upcoming focus on high quality standards and bottom-line profit improvement with highly effective technical and communication abilities.

Characterized as a visionary, strategist and tactician. PERSONAL DATA

Date of birth: August 12/1968

Place of birth: Egypt

Nationality: Egyptian

Marital Status: Married with Kids

REFERENCES

WILL BE FURNISHED UPON REQUEST

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