Nader Naeim Naguib

Senior Internal control officer at Orascom Construction

Ain Shams, Cairo, Egypt

Orascom Construction

Jul 2020 - Present -5 yrs

Egypt , Cairo

Job Details:• Participate in opening meetings with the client to explain the scope and objectives of the engagement to client and provide an overview of all steps in the process. • Perform consulting service for the management through participation in assignments designed to introduce new and/or changing policies and procedures at the request of the management. • Perform a full understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives. • Performed walk-throughs to complete the understanding of the business cycles. • Identify and document inherent risks that can encounter the company. • Participate in performing risk assessment for more than 65 audit universes. • Prepare a consolidated risk register for the company where, all the identified and assessed risks were documented and the audit universe classified as per risk severity. • Prepare a proposed audit assignment to be included in one Plan based on the results of the risks assessments. • Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. • Evaluating internal controls systems, identifying control weaknesses, and making appropriate recommendations to the management. • Perform and initiate policies and procedures that are to be followed in performing functions.

Sep 2016 - Dec 2019 -3 yrs, 3 months

Egypt

Job Details: Understanding the business cycles of the organization.  Evaluating the operating effectiveness of internal control cycle's (Design&Implementation) and test of control.  Performed walk through to understand financial reporting cycles and to identify internal controls that reduce the risk of material misstatement of financial results.  Performing preliminary and concluding analytical procedures for statement of financial position and statement of profit or loss accounts to identify the fluctuations and understand the reason behind.  Performing procedures test on accounts like cash, property, plant and equipment, accounts receivable, intangible assets, prepaid expenses, accounts payable, deferred revenue, accrued liabilities, revenue, and expenses etc.  Researched accounting guidance to determine if financial statements are in accordance with GAAP or IFRS.  Review the consolidation worksheet for the companies that issue consolidated financial statements which including the recording of consolidating entries, reconciliation of inter-company and investment in subsidiary transactions.  Identify and communicates issues raised , offering recommended solutions relevant to business and risk.  Obtain and review evidence ensuring audit conclusions and well documented