Manager Assistant

M U H A M M A D R I Z W A N Q A Y Y U M ( M B A, C I A, C F E )

Internal Audit Unit Head- RDB El-Seif Company, Saudi Arabia Email: ******.******@*****.***

Mobile: +966*********

DOB: May 9, 1983

Current location: Riyadh, Saudi Arabia

Iqama Status: Transferable

Snapshot: An experienced and certified professional with over 15 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: Seeking to add value in organizational development by continuous monitoring & implementation of controls and share my expertise & experience in Assurance, Risk & Compliance Functions to meet the company’s objectives.

CORE COMPETENCIES

Annual Audit Plans

Risk Assessment

Financial Audits

Operational Audits

Process Audits

Compliance Audits

Fraud Investigations

Projects and Corporate Support

Services Audits

Strategic Planning

Designing & Preparing Audit

Reports and Presentations

Audit Planning & Management

ERP Implementation Review

Oracle Fusion

SAP ERP

Financial Analysis

Financial Planning & Management

Due Diligence

IFRS/ISAs

Costing & Budgeting

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.

Proven track record of leading successful forensic audits and fraud investigations resulting in material recoveries.

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 and consulting engagements.

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.

P ROFESSIONAL E X P E R I ENCE: ( 1 5 .5 Y e a r s ) Internal Audit Unit 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

Reporting to Audit Committee and Group Chief Internal Auditor

Managing and leading the overall audit function of the Company

Prepare and implement annual audit plan for the Company

Check compliance of company-wide policies and procedures and performing tests of operating effectiveness on periodic basis

Preparation of audit & status reports and presentations to audit committee

Liaison with external auditors to synergize and elimination of duplicate work areas

Regular communication with top management including Board Chairman, CEO, CFO, Group CFO, other Directors, VPs and pertinent executives.

Key Accomplishments

Establishment of Internal audit function at RDB

Conducted annual risk assessment for the Company and prepared of risk-based audit plan

Performed forensic audit of a sister company’s fast-track project resulting in potential recoveries/cost adjustments of SAR 45 million

Performed various fraud investigations resulting in substantial recoveries and apprehension/confession of the culprits, while protecting the whistle blowers

Physical verification and reconciliation of companywide Fixes Assets Register across Al-Kharj, Jazan and Najran

Investigated the root causes of non-operational gensets of SAR 6 million in Jazan Factory and recommended remedial action plan

Prepared standard audit programs and risk & control matrices for various functions

Established and managing whistle blowing function for the Company

Active role in improvement Governance, risk management and control environment of the Company. First Line Manager-Group SI Auditor (April 2015 – December 2018) Acting Internal Audit Manager (May 2012 – March 2015) Group Senior Internal Auditor (May 2011 – April 2012) El-Seif Commercial Investment Company, Riyadh - Saudi Arabia Company Profile: El Seif Commercial Investment Company is a holding company that acts as an investment arm for the El Seif Family. El Seif family is known as one of the largest construction contractors in Saudi Arabia. Other major interests are concentrated in healthcare, construction material, insurance, independent power generation and real estate sectors.

I joined El-Seif Group as Sr. Internal Auditor. For almost three (3) year I was heading the Group IA Function by directly reporting to the Audit Committee and the Board. Key Responsibilities

Involved in conducting financial, operational, process and compliance reviews and special advisory projects as required

Assist 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/assignments of subsidiaries and projects

Review working papers and related audit/review communications

Identification of non-conformities and audit issues

Liaison with external auditors to synergize and elimination of duplicate work areas

Discussion with process owners and propose recommendations for process improvements Key Accomplishments

Institutionalized the El-Seif Group Internal Audit Function by bringing a systematic and disciplined approach, development of the Internal Audit Charter and Internal Audit Policies & Procedures

Gradually built in-house IA capabilities and reducing dependence on third-party outsourcing/ co-sourcing costs

Formulated risk based multi-matrix Project-Process approach at the Group Level for risk-based annual audit plan

Performed a pivotal role in identifying the need and subsequent development & implementation to digitize Government Relation Processes (i.e. Iqama renewal, exit re-entry visas, block visas etc.), in sync with Oracle Fusion HCM Module.

Uncovered cash embezzlement resulting in recovery of SAR 4 million and disciplinary action against fraudulent employees

Successful execution of various fraud investigation resulting in financial recoveries and disciplinary action against culprits

Supervision of third party outsourced/co-sourced engagements (Deloitte, EY etc.)

Acted as management consultant in strengthening internal controls and closing loop holes by performing pre-implementation reviews of Oracle Fusion and Function Processes

Performed a pivotal role in restructuring of group audit function to cope with changing business needs

Prepared standard audit programs and risk & control matrices for various functions

Active role in improvement Governance, risk management and overall control environment of the group as well as its subsidiary companies

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.

Key Responsibilities

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

Key Responsibilities

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:

Industry Client/Company Name Company’s

Status

Primary Role

Telecommunication

Ufone – Pakistan Telecom Mobile Limited Public Audit Incharge Telenor Pakistan Limited Private Audit Staff

ZONG – China Mobile Limited (formerly Paktel

Limited)

Public Audit Staff

Alcatel Lucent Pakistan Limited Private Audit Incharge Construction Mangla View Resort (Private) Limited - A subsidiary of Maxcorp Group, Malaysia

Private Audit Incharge

Maxcorp Hiap Hin Machinery & Construction

(Private) Limited

Private Audit Incharge

Oil and Gas Sector Attock Refinery Limited Listed Audit Staff Financial

Institution

First Microfinance Bank Limited Listed Audit Incharge Manufacturing &

FMCG

Nowshera Sheet Glass Industries (A Project of

National Police Foundation)

Public Audit Supervisor

Unilever Pakistan Limited Listed Audit Staff

Proctor & Gamble Pakistan Listed Audit Staff

Education Foundation University Islamabad Private Audit Incharge Foundation University Medical College Private Audit Incharge Comsats Institute of Information Technology Private Audit Incharge Government

Organization

National Police Foundation Security Services (Pvt.) Limited

Private Audit Incharge

Non-Government

Organizations

Caritas Switzerland NGO Audit Incharge

Strengthening Participatory Organization NGO Audit Incharge Concern Worldwide Pakistan-Statutory Audit NGO Audit Incharge Concern Worldwide Pakistan-European

Commission Fund Audit

NGO Audit Incharge

Pakistan Centre for Philanthropy NGO Audit Incharge Audit Assistant (October 2003 – January 2005)

Deloitte. Pakistan (Member of Deloitte Touché Tohmatsu) Key Responsibilities

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:

Industry Client/Company Name Company’s

Status

Primary Role

Government

Organizations

National Book Foundation Govt. Audit Staff

Federal Government Employees Housing Govt. Audit Staff Industry Client/Company Name Company’s

Status

Primary Role

Foundation

Construction National Highway Authority (NHA) Govt. Audit Staff Non-Government

Organizations

Foundation for Advancement of Science and

Advanced Technologies

NGO Audit Incharge

SOS Children Villages NGO Audit Incharge

P ROFESSIONAL QUALIFICATIONS AND E DUCATION:

Certified Internal Auditor (CIA) from Institute of Internal Auditors, USA Certified Fraud Examiner (CFE) from Association of Certified Fraud Examiners, USA CA - Inter from Institute of Chartered Accountants of Pakistan (ICAP) MBA (Finance) from Allama Iqbal Open University, Islamabad - Pakistan Bachelors of Commerce (B.Com) from Allama Iqbal Open University, Islamabad - Pakistan S K I L L S, TRAINING AND COURSES:

Computer Skills:

• 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. Trainings:

• “IFRS Master Class” by Deloitte., Riyadh, Saudi Arabia, 8 Hours

• “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 Courses:

• 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

References:

Can be furnished on demand.

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