wael Madbouly Madbouly . CIA.CMA

Internal Audit ManagerFull Time

• Job Details: Prepare Concise reports to Audit committee who are my line Manager  Approves annual audit plans and requirements of resources and tools.  Identifies gaps of knowledge in audit processes, documentation and impact on audit cycle, and designs a development plan to bridge those gaps  Develops a strategy that assesses regular update of audit processes and documentation knowledge.  Supports senior management in developing processes to prevent possible fraud activities.  Develops recommendations for possible solutions to address identified threats and/or ineffective practices;  Develops a process map for conducting audit interviews, documentation, and a roadmap that organizes  Manage a team of audit professionals responsible for providing end to end audit coverage  frequency and order of audit interviews, based on sensitivity and responsibilities.  Assesses effectiveness of audit interviews in extracting sought information; identifies gaps, and develops actions for improvement.  plan, based on risk assessment, international auditing standards and best practices.  Ensures full compliance with testing methodologies and completing a bias-free selection of data.  Ensures establishment of adequate policies and procedures of data gathering and analysis.  Provides guidance to the organization using best practices in data gathering, analysis, and interpretation.  Follows-up on audit findings and audit reports with concerned division/department manager to ensure implementation of agreed corrective action plans.

Group Supervisor Internal AuditorFull Time

• Job Details:Group Supervisor Internal Auditor – Alkifah Holding (Al-Khobar, Saudi Arabia) 1-11-2014 to Present Participate in establishing a new Internal Audit Department for the group including preparing Internal Audit Manual and Charter. Identifies and evaluates the organization’s risk areas and provides key input to the development of the Annual Audit Plan. Participated in formulating and implementing risk based audit plan. Performs audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures. Conducts interviews, reviews documents, develops and administers surveys, compose summary memos, and prepares working papers. Identifies develops, and documents audit issues and recommendations using independent judgment concerning areas being reviewed. Communicates or assists in communicating the results of audit and consulting projects via written reports and oral presentations to management and the Board of Directors. Provides and assists in providing training, coaching and guidance to Internal Audit staff in conducting audits and other audit-related issues. Performs related work as assigned by Internal Audit Director. Key achievements:  Participated in formulating and implementing risk based audit plan.  Participated in restructuring Internal Audit Function including preparing Internal Audit Manual, Charter, Independence and Ethics Policies, and Audit Committee Charter.  Participated in documenting an understanding of the group's companies operations.  Participated and supervised several fraud investigations. Portfolio Of Alkifah Contracting Sector  AlKifah Contracting Construction Solution Sector  Al Kifah Readymix and Blocks  Al Kifah Precast  Al Kifah Crushers  Al Kifah Transportation  KiCE For Construction Equipment Property Development Sector  Al Kifah Engineering Office  ALMOTAWEROON For Development and sales of Housing  Al Kifah Real Estate  Al Kifah Agriculture Community Enrichment Sector  Al Kifah Private Schools  Al Kifah Publishing House Business Solutions Sector  Al Kifah Travel And Tourism  Al Kifah Security Services  KAF Advertising Agency Retail Sector  Al Kifah Home Appliances  Al Kifah Automotive Financial Sector  Dar Tamweel for Leasing

AuditorFull Time

• Job Details:• Prepared, analyzed, and verified annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning. • Design test of controls, substantive and general audit procedures. • Prepare analytics of financial statements. • Perform Walk-throughs and execute test of controls. • Perform substantive & general audit procedures based on an audit plan. • Documentation of audit procedures and its results. • Executed daily operations of most detailed audit work. • Conferred with company officials about financial and regulatory matters. • Supervised auditing of establishments and determined scope of investigation required. • Supervised and reviewed the procedures and work flow of contractual projects. • Prepared detailed reports on audit findings. • Collected and analyzed data to detect deficient controls, duplicated effort, extravagance, fraud, and non-compliance with laws, regulations, and management policies. • Reported to management about asset utilization and audit results, and recommended changes in operations and financial activities.