Mohammad Shadab Hussain / CA / CIA / CFE / Internal Audit /

Experience

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  ETA ASCON

  May 2011 - Feb 2018

  Senior Internal Auditor

  ETA is having a diversified business enterprise in Middle east with its presence in UAE, Kingdom of Saudi Arabia, Qatar, Kuwait etc.ETA is in the business of Construction, MEP, Cabling, Real Estate, Power Projects, Facility Management, Manufacturing, Trading, and Installation & Maintenance of Elevators.  Performed risk based Internal audit in the projects of Construction, MEP, Cabling, Real Estate, Power Projects, Engineering, Maintenance, Installation and Maintenance of Elevators, Facility Management units. • Performed risk based Internal audit in the projects of Construction, MEP, Cabling, Health care, Real Estate, Power Projects, Engineering, Maintenance, Installation and Maintenance of Elevators, Facility Management units.• Reviewed and analyzed the process control weakness in the various processes of Operations, Finance, and Payroll and provided recommendation for mitigating the control weakness in the process. • As an audit In-charge, responsible for the entire assignment right from preparation of audit planning memorandum, managing the progress/ escalations during field work, review of work papers, reporting drafting & manage the team in performing their audit effectively & efficiently within the budget.• Recommending cost effective internal control system & providing effective suggestions to improve controls in key areas of business, through risk-based audit approach.• Follow-up audit to ensure the timely implementation of the Audit recommendation in coordination with business consultants and risk vetting prior to implementation of the recommendations.• Performed Frauds Investigation based on the leads obtained during regular audits or leads provided by business units. Show less

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  Al Ghurair

  Feb 2018 - Aug 2019

  Assistant Manager Internal Audit

  Al Ghurair is a diversified business enterprise in the Middle East with its presence in UAE, Kingdom of Saudi Arabia, Qatar, Kuwait, Sri Lanka and Ukraine.Al Ghurair is in the business of Leasing of residential and commercial properties, Construction – Ready-mix & Aluminum, Workshop – light vehicles, Taxi Services, Facilities Management, Trading of Commodities, Trading of CARS, Manufacturing of Oil, Wheat Flour, etc. Internal Audit Department in Al Ghurair is an 18-member team headed by Head of Internal Audit who reports to Audit & Risk Committee.• Conducted risk assessments and assisted in developing the annual audit plans.• As an audit In-charge, Managed Internal audit team and performing end to end internal audits assignments.• Executed operational, financial, and compliance audits in accordance with industry standards.• Performed audit of processes such as Operations, procurement, Inventory Control, Payable, Sales, Finance, Receivable, HR Administration and Payroll, Logistics, & Contracts and Execution.• Analyzed and documented business processes, identifying areas for improvement.• Trained and mentored junior auditors, fostering a culture of continuous learning.• Performing follow up reviews to verify the status of implementation.• Undertaking Investigations based on the leads obtained during regular audits or leads provided by business units. Show less

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  Green Coast Enterprises LLC

  Aug 2019 - now

  Internal Audit Manager

  Green Coast Enterprises LLC was founded in 1977 and having a diversified business enterprise in Middle East with its Presence in UAE, Qatar and Oman. Green Coast Enterprises LLC is in the business Manufacturing, Construction, Real Estate, Investments, and Trading. Internal Audit Department is a 3-member team headed by Group Manager Business Excellence who reports to MD.Responsibilities:• Developed the audit universe for the group. Conducted risk assessments and developed annual audit plans.• Led a team of internal auditors in planning and executing risk-based audit engagements.• Developed and implemented audit programs to assess the effectiveness of internal controls.• Identified risks pertaining to the processes covered and suggesting ways to mitigate.• Identified and communicated areas for improvement in internal processes.• Conducted fraud investigations and implemented measures to enhance fraud prevention.• Collaborated with cross-functional teams to ensure compliance with industry regulations and internal policies.• Presented audit findings and recommendations to senior management and provided guidance on remediation efforts.• Developing standard operating procedure (SOP) and delegation of authority matrix (DOA) for business units.• Performing follow up reviews to verify the status of implementation. Coordination with business consultants and risk vetting prior to implementation of the recommendations. Show less