Farrukh Ejaz

Internal Audit ManagerFull Time

• Job Details:Senior audit professional with over 10 years of experience in managing internal & external audits across diverse organizations. Proficient in assessing & implementing policies & procedures and conduct due diligence of processes related to the investigation of significant suspected fraudulent activities; exploring challenging senior managerial assignments with a professionally managed organization

Internal Audit ManagerFull Time

• Job Details:Accomplishments: • Played key role in setting up & managing the internal audit department to provide independent feedback on audit, financial and operational controls as well as enterprise risk management • Functioned as member of anti-fraud and anti-money laundering committee of the company. Recommended solutions on internal controls to the audit committee & management based on business and statutory requirements Key Responsibilities: • Functioned as member of the Due Diligence team involved in maintaining regular interaction with the Audit Committee Chairman for scheduling & establishing agenda items for Audit Committee meetings • Evaluated existing processes & procedures for recommending implementation of various control initiatives based on identified deviations • Conducted risk based audit for identifying & eliminating risks & control weaknesses. Assisted external auditors in order to obtain maximum assurance • Developed & implemented comprehensive annual plan, including a risk assessment and scoping analysis to be used in internal control testing • Managed operational, financial, IT, strategic and special reviews of companywide and selected business operations • Focused on enhancing internal control, operating efficiencies and compliance with government and industry regulations as well as corporate policies • Guided team members in conducting special investigations, internal audit, compliance with policies and regulations and notifying results to the management and the Audit Committee • Enhanced operational efficiency by preparing & maintaining comprehensive risk register covering business process controls across all lines of business (LOB), general IS controls, regulatory compliance, and segregation of duties • Prepared & presented various status reports to the senior management and other stakeholders to enable effective decision making • Drafted & presented reports for SAMA Annual meeting including quarterly audit reports.