
Ramy Adel EL Faraskoury
Group Internal Audit Manager at RayLab Group ( Owner of technoscan and cairoscan )
Hadayek Alahram, Giza, EgyptWork Experience
Group Internal Audit ManagerFull Time
RayLab Group ( Owner of technoscan and cairoscan )
Feb 2024 - Present -1 yr, 5 months
Egypt , Cairo
- Job Details:• Co-develop and execute the Group’s annual risk-based internal audit plan, incorporating enterprise-wide risk assessments across operational, financial, and administrative domains. • Plan, scope, and manage internal audits, ensuring alignment with audit objectives, regulatory requirements, and strategic business risks. • Perform comprehensive internal audits to assess compliance, operational efficiency, and control effectiveness across departments and entities. • Evaluate internal controls and business processes, offering independent and objective assurance on governance, risk management, and process optimization. • Prepare detailed audit reports with clear findings and actionable recommendations to address identified risks and control gaps. • Present audit results to the Chief Internal Audit Director and the Audit Committee, facilitating informed decision-making and strategic improvements. • Track, assess, and follow up on management action plans to ensure timely and effective remediation of audit findings and enhancement of control environments. • Monitor and report on the implementation status of audit recommendations and validate the sustainability of corrective actions. • Provide ongoing advisory services to management, including ad hoc consultations and training on compliance, controls, and best practices. • Lead, train, and evaluate internal audit team members, ensuring continuous professional development and high-performance execution. • Conduct and manage complex fraud investigations across the Group’s operations in 3 countries, ensuring confidentiality, due process, and actionable outcomes. • Design and conduct whistleblowing introduction sessions, acting as the central point of contact for whistleblower reports and overseeing related investigative procedures.
Internal audit, fraud and risk management consultant at Courts house UAEFull Time
RAK Economical Courts house, UAE - based in Egypt
Dec 2018 - Jan 2024 -5 yrs, 1 month
Egypt , Giza
- Job Details:Main duties include the following: 1- Internal audit •Evaluating design & effectiveness of Compliance function •Conduct various investigations and internal audit missions on governmental entities and projects as directed by the governor office, courts, and public prosecution. •Leading experts’ team to write a detailed report regarding Audit findings and provide detailed recommendations. 2- Dispute Resolution, fraud, AML and forensic investigation •Managing financial and banking disputes for the courthouse department and public prosecution on matters relating to commercial, civilian fraud and criminal disputes. •Manage the inspection procedures and reporting the suspected cases and to ensure applying anti money laundry and counter terrorist financing regulations. •Conduct AML tests and assurance services on assigned governmental projects and entities 3- Risk management consultant •Conducts risk assessments, collecting and analyzing documentation, statistics, reports. •Establishes policies and procedures to identify and address risks in the organizations. •Reviews and assesses risk management policies and protocols, makes recommendations for policies improvements. •Recommend and implements risk management solutions such as insurance, safety and security policies, business continuity plans, or recovery measures.
Internal Audit SupervisorFull Time
Edita food industries
May 2018 - Dec 2018 -7 months
Egypt , Giza
- Job Details:• Evaluated design and operating effectiveness of audit areas, including efficiency, effectiveness, and mitigating controls • Identify management control weaknesses and provided value added suggestions for remediation • Identify control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement
Audit SupervisorFull Time
kpmg hazem hassan
Mar 2016 - May 2018 -2 yrs, 2 months
Egypt , Giza
- Job Details:• Auditing financial statements according to international and Egyptian accounting standards. • Special assignments ex. Limited review , physical count for cash and inventory • Review client accounting and operating procedures and systems control and perform tests of control. • Evaluation of Internal Control System & identifying strength and weakness points in it. • Provide recommendation for improved controls and enhanced business efficiency.
Education
College Diploma in Risk management
Oxford Business CollegeJan 2023 - Jan 2023 - 0 Month
College Diploma in Forensic accounting and fraud examination
West Virginia UniversityJan 2021 - Jan 2022 - 1 Year
BCs in faculty of commerce english section
Cairo University (CU)Jan 2007 - Jan 2011 - 4 yr
High School - Thanaweya Amma
mother of heroes language schoolJan 2007
Skills
- audting
- Accounting
- Microsoft Office
- External Auditing
- Reporting
- Financial Analysis
- Team management
- Microsoft Excel
- Project Management
- Internal Control
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Languages
English
FluentArabic
FluentFrench
Beginner
Training & Certifications
Understanding and managing risk
the open learn university·2021Accounting fundamentals
CFI·2020Anti-money laundry
bankers academy·2020Anti-money laundry corruption prevention
UNODC·2020Convention against corruption
UNODC·2020Understanding transnational organized crime
UNODC·2020Egyptian society for accounting and auditing intermediary part candidate
Egyptian society for accounting and auditing·2017IFRS
KPMG·2016Managerial skills
KPMG·2016Egyptian accounting and auditing standards
KPMG·2016E audit
KPMG·2016auditing
kpmg·2012presentation and meeting prepration
berlitz·2011english conversation
berlitz·2010