MUHAMMAD RIZWAN QAYYUM(MBA, CIA, CFE)
Internal Audit Head- RDB El-Seif Company, Saudi Arabia
DOB: May 9, 1983
Current location: Riyadh, Saudi Arabia
Snapshot: An experienced and certified professional with over 14 years of financial, compliance and operational audit expertise. My experience is complimented with strong project management, leadership and communication skills. I am an energetic self-starter with a positive attitude and proven record of success.
Professional Attributes: Result-driven ~ Keen Strategist ~ Methodical Approach ~ Team Dynamics ~ Time Management ~ Analytical & Problem Solving Skills ~ Excellent Communication Skills ~Expert MS Office Skills~ Oracle Fusion Implementation and Working Knowledge.
Objective: An experienced Audit Professional seeking to widen my horizon by joining a group of companies and share my expertise and experience in Assurance, Risk & Compliance Functions to meet the company’s objectives.
Annual Audit Plans
Designing Audit reports
Audit Planning & Management
ERP Implementation Review
Projects and Corporate Support Services Audits
Profile at a Glance
Highly committed and proficient Auditor in managing financial and operational audits with good working knowledge of ERPs such as Oracle Fusion and SAP.
Interested in a career path with heavy analytical duties and responsibilities, with strong work ethics to be able to fulfil numerous auditing roles.
Fast learner with high energy and a drive to exceed expectations. Extensive experience, with a significant level of success, in the management of various audits.
Blend motivation, organizational leadership and analytical skills to develop and implement strategic plans that accomplish bottom-line results.
Adept in launching new audit departments & stream lining audit reporting structures to achieve targets.
Possesses a strong auditing background combined with convincing communication, interpersonal skills and the ability to forge relationships and interact with other professionals.
Good with strategies and planning with ability to liaise and relate to people across all hierarchical levels.
PROFESSIONAL EXPERIENCE: (14.5 Years)
Internal Audit Head (January 2019 – Present)
RDB El-Seif Company, Riyadh - Saudi Arabia
Company Profile: RDB El-Seif Company is a fully owned subsidiary of El-Seif Group, established in 2008 with Joint Venture of EL-Seif Contracting and RDB Spa, a leading Precast Company in Italy. It has grown rapidly to become one of the leading precast manufacturers in Saudi Arabia. RDB El-Seif has its factories in Al-Kharj, Jazan and Najran with highly qualified manpower and factories equipped with latest pre-cast production technologies.
Key Responsibilities & Achievements
Establishment of Internal audit function at RDB
Reporting directly to Audit Committee and Group Chief Internal Auditor
Managing and leading the overall audit function of the Company
Conducted annual risk assessment for the Group
Preparation of risk-based audit plan
Performing of various special fraud investigations
Review and reconciliation of companywide Fixes Assets Register
Review of subordinate’s field work and execution
Preparation of audit & status reports and presentations to audit committee
Regular communication with top management including Board Chairman, CEO, CFO, Group CFO, other Directors, VPs and pertinent executives.
Preparation of standard audit programs and risk & control matrices for various functions
Establishment of Fraud, Risk and Control Unit for the Company
Active role in improvement Governance, risk management and control environment of the Company.
Group Senior Internal Auditor (May 2012 – December 2018)
Group Internal Auditor (May 2011 – April 2012)
El-Seif Commercial Investment Company, Riyadh - Saudi Arabia
Company Profile: El Seif Commercial Investment Company is one of the premier Companies in the fields of civil and building construction, medical supplies, insurance and production of ready mix concrete. It has a prominent role in the fields of operation and maintenance of engineering, technical and electronic systems and installations. General Contractor specialized in General Construction works of all types of buildings, heavy construction, civil works, and all related operation and maintenance. Established in 1975, and is now ranked among the top Saudi Companies and has executed a great number of projects in the fields of Construction, Operation and Maintenance.
Involved in conducting financial, operational, process and compliance reviews and special advisory projects as required; assisted in developing strategies to improve internal controls and minimize risk; define objectives and scope of each audit/review; assist Chief Internal Auditor in the preparation of annual audit plan and comprehensive audit programs; supervising audits of subsidiaries and projects; review working papers and related audit/review communications; identification of non-conformities and audit issues; discussion with process owners and propose recommendations for process improvements.
Executive - Risk & Assurance Services (July 2009 – April 2011)
Pak Telecom Mobile Limited (Ufone) – An Etisalat Co.
Company Profile: Pak Telecom Mobile Limited (PTML) is a wholly owned subsidiary of Pakistan Telecommunication Corporation Limited (PTCL) and Etisalat UAE. PTML started its operations in January 2001 under the brand name ‘Ufone’. PTML is one of the leading Telecom Operator in Pakistan having subscriber base of over 20 million.
I have been engaged as internal auditor on assignments such as system study and compliance testing of Non-network Procurement Process, Process Review of Advances to Employees, Process Review of Genset Repair and Maintenance & Re-fueling Activities, Process Review of Supply Chain Management, Compliance Testing of Procurement Process and Related Payments to Suppliers, Substantive Testing of Leased Circuit Rentals and Process Review of Franchise Management System.
Following was my job description at PTML (Ufone):
Assist Manager in preparing Annual Audit Plan.
Assist Manager in assessing risk areas on the basis of knowledge brought forward from various assignments conducted within the organization.
Carry out compliance/substantive testing assignments as per the approved Work Plan involving collection of field data, analysis of data and documentation of system under review through internal control checklists/flowcharts.
Assist Manager in carrying out process review and other special assignments, as assigned from time to time.
Prepare Internal Audit Reports based on work performed, for review to the Manager.
Perform follow-up of agreed responses as stated in Management Response section of the Audit Report.
Maintain confidentiality and objectivity in performing over all audit execution.
Ensure proper record keeping.
Senior Auditor, Semi Senior Auditor & Audit Assistant (May 2005 – November 2008)
Ernst & Young Pakistan (Member of Ernst & Young Global Limited)
Senior - January 01, 2008 to November 11, 2008
Semi Senior - July 01, 2006 to December 31, 2007
Assistant - May 12, 2005 to June 30, 2006
Responsible for leading various engagements, which include planning executing, directing, and completing financial audits. Supervise, train and mentor associates and interns on audit process. Research and analyze financial statement and audit related issues. Proactively interact with key client’s management to gather information, resolve problems, and make recommendations for business and process improvements.
Below is the list of audits performed:
Ufone – Pakistan Telecom Mobile Limited
Telenor Pakistan Limited
ZONG – China Mobile Limited (formerly Paktel Limited)
Alcatel Lucent Pakistan Limited
Mangla View Resort (Private) Limited - A subsidiary of Maxcorp Group, Malaysia
Maxcorp Hiap Hin Machinery & Construction (Private) Limited
Oil and Gas Sector
Attock Refinery Limited
First Microfinance Bank Limited
Manufacturing & FMCG
Nowshera Sheet Glass Industries (A Project of National Police Foundation)
Unilever Pakistan Limited
Proctor & Gamble Pakistan
Foundation University Islamabad
Foundation University Medical College
Comsats Institute of Information Technology
National Police Foundation Security Services (Pvt.) Limited
Strengthening Participatory Organization
Concern Worldwide Pakistan-Statutory Audit
Concern Worldwide Pakistan-European Commission Fund Audit
Pakistan Centre for Philanthropy
Audit Assistant (October 2003 – January 2005)
Deloitte. Pakistan (Member of Deloitte Touché Tohmatsu)
I assisted in providing assurance services, with the primary focus on the objective of assurance on the reliability and relevance of financial information. I was involved in assessment of efficiency and effectiveness of clients’ internal controls, introducing best practices, giving suggestions to improve their quality and value-added services. I also assisted clients’ management with identifying resolutions to issues that arise due to design and/or operating failure of key controls. I was also involved in providing accounting services to clients which ranged from preparation of general ledgers to preparation of financial statements in accordance with the International Accounting Standards/International Financial Reporting Standards and local laws & regulations.
Below is the list of audits performed:
National Book Foundation
Federal Government Employees Housing Foundation
National Highway Authority (NHA)
Foundation for Advancement of Science and Advanced Technologies
SOS Children Villages
Certified Internal Auditor (CIA) from Institute of Internal Auditors, USA
CA - Inter from Institute of Chartered Accountants of Pakistan (ICAP)
Certified Fraud Examiner (CFE) from Association of Certified Fraud Examiners, USA
MBA (Finance) from Allama Iqbal Open University, Islamabad - Pakistan
Bachelors of Commerce (B.Com) from Allama Iqbal Open University, Islamabad - Pakistan
SKILLS, TRAINING AND COURSES:
I have excellent work experience and knowledge of Microsoft Office 365 and I am quite adept at Microsoft Excel, Word, Power Point and Planner.
Working knowledge of accounting software such as Oracle Fusion, SAP, Buildsmart, Oracle Financials, SHMA Financials, Peachtree and Quick books.
Working experience of Telecom softwares such as CARES (Customer Services & Management System), FMS (Franchise Management System), RMS and RAMIS (Retail Management Systems).
good Knowledge of ERNST & YOUNG's auditing softwares GAMX, CaseWare and AWS.
I am fully conversant with the use of outlook 365 and used it as office tool.
“Construction Audit” by Institute of Internal Auditors, Singapore, 24 Hours
“Quality Assurance Review of Internal Audit Function” by Institute of Internal Auditors, Riyadh, Saudi Arabia, 24 Hours
“Buildsmart” and “Candy” ERP software at El-Seif Head Office, Riyadh, Saudi Arabia, 24 Hours
“Internal Audit” at Institute of Chartered Accountants of Pakistan, Karachi, Pakistan, 20 Hours
“EY Global Audit Methodology” organized by E&Y Global Limited at Institute of Chartered Accountants of Pakistan, Islamabad, Pakistan, 24 Hours
“GAMX – An audit tool” held in E&Y Global Limited Office, Islamabad, Pakistan, 20 Hours
“Anti-Corruption: What Every Internal Auditor Needs to Know” webinar by Institute of Internal Auditors-USA, 1 Hour
“IIA Standards Exposure: Proposed Changes to International Standards” webinar by Institute of Internal Auditors-USA, 1 Hour
“Enterprise Risk Management” webinar by Institute of Internal Auditors-USA, 1 Hour
Course of Computer Practical Training (CCPT), National College of Business and Management Sciences, Islamabad, 90 Hours
Presentation Skills Training Course (PSTC), National College of Business & Management Sciences, Islamabad, 100 Hours
Can be furnished on demand.