Sherif Soliman

Experience

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  Tahaer Al Raias Public Accountant

  Jul 1994 - Jul 1996

  External Auditor

  •Responsible for conducting financial and operational audits of various clients in compliance with the audit plan and professional auditing standards to determine the nature of operations and adequacy and effectives of the system of control to ensure compliance with Local Government Laws. Managed over __ clients from Banking/ Hotels / Publication/ Trading Industry.•Successfully managed all assignments on time and assisted the senior management of company in maintaining effective operational control.•Reviewed, analyzed and provided inputs to improve Standard Operating Procedures with regard to operations.•Reviewed data regarding material assets, net worth, liabilities, capital stock, surplus, income and expenditures.•Reviewed internal controls, business processes, and procedures for improvements, cost reductions. •Meet with Divisional / Departmental Heads, Managers and other company staff, as appropriate, to ensure the relevance and validity of audit findings and recommendations and gain management acceptance and commitment.•Managed, coaching, monitoring, and developing of auditing staff to achieve company objectives. Show less

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  S.S. Lootah Group of Companies

  Sept 1996 - Jul 2001

  Chief Accountant

  •Responsible for management of company Finances, Accounts, Strategic financial planning, business risk assessment, Audits, Systems & Procedures, Cash / Fund Flow Management, Internal Controls, MIS, Banking, Working Capital Management, Budgeting, Credit Control, Fixed Assets, Inventory, A/P & A/R function & Payroll Management for employees. •Responsible for Finalization of Annual Accounts and reporting as per Company Reporting Rules & International Accounting Standards. •Assisted the Finance Controller in directing all accounting and financial systems development through implementation of control and reporting systems to adequately monitor and provide financial insight into business operations.•Provided seasoned expertise to Business Units in the Annual Planning and Budgeting Process to ensure inclusion of appropriate resources in the Annual Budget to meet financial targets. •Analyze financial accounts and provide detailed reports of fiscal health of the company to the Senior Management including early warning signals to the Senior Management.•Accountable for the development and management of company’s annual estimates and budget including variance analysis and preparation of Performance Review Report.•Analyze operating costs to develop and implement cost reduction processes. Identify operational challenges resulting from MIS issues. Interpret operation reports and metrics used in assessing effectiveness and efficiencies of the business.•Liaise with the Auditors for the Annual Audits. Introduced effective MIS for periodical reports submission which substantially reduced operational cost. •Prepared monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease expenses Show less

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  Dubai Aviation City Corporation

  Jul 2001 - now

  • Goverance Audit and Risk Control Expert

    Jul 2001 - now

  • Goverance Audit and Risk Control Expert

    Jul 2001 - now
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  Dubai Airports Company

  Jul 2001 - Jun 2011

  Head of Internal Audit

  Develop and direct a broad, comprehensive program of internal audit within the Dubai Airports to determine if the Authority is managing its resources effectively, efficiently and economically.Develop and deliver an annual audit plan addressing identified risks, business developments and provide coverage of the corporation’s operations in consultation with senior management.Direct efforts to communicate audit and risk assessment initiatives, including written materials and training programs designed specifically to promote awareness and understanding of audit and Risk assessment issues, applicable laws and regulations and reporting requirements and consequences of noncompliance.Serve as an internal authority on relevant laws and regulations, keeping abreast of current changes that may affect internal control systems through personal initiative, seminars, training programs, and peer contact.Ensure training profiles are maintained for all levels to assess training requirements.Review complaints, concerns, or questions relative to audit and risk assessment issues and provide consultative leadership and support to all entities as appropriate.Obtain advice, counsel, and information and foster cooperative efforts with management and staff as appropriate.Assist the Vice President Internal Audit in administering the Unit’s and in his absence, I manage the Group’s independently.Lead annual audit plan in consultation with the Chairman and Vice President Internal Audit within the following corporation scope:Dubai Duty Free;Dubai Airports Company;Dubai World Central;Dubai International Hotel;Aviation Club.Engineering Projects;Dbai Aviation Navigation Service; Show less

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  Dubai Aviation City Corporation- Authority

  Jun 2011 - now

  Expert-Internal Audit & Risk Assessment

  •Promoting new ideas and business solutions that resulted in improving work proficiency and environment.•Provide expert oversight to audit activities to ensure appropriate and timely coverage of enterprise wide risks.•Recommend and develop plans and programs for special researches in relation to Internal Audit, Governance and Risk Assessment. Communicate them to Director.•Perform studies and research in accordance with best practices in governance to ensure proper implementation of entities under DACC.•Assist the Director in preparation and completion of the risk based audit plan.•Maintain the long range audit plan assuring audit and risk assignments are scheduled within current cycle parameters. Review and endorse all audit and risk programs before they executed. •Ensure that planning of audit and risk are adequately documented. Audit evidences are sufficient and all audit and risk reports are accurate for final approval. Conduct exit conference with client in order to evaluate audit and risk assignments along with staff evaluation performance. •Develop periodic reports on the status of the working plans, highlight any obstacles and give recommendations for areas of enhancements.•Support Corporate Governance development activities by analyzing available corporate governance data in accordance with best practices and the reality of the working environment. •Plan and conduct of studies for evaluating the performance of entities under DACC in all aspects of risk assessment and corporate governance to verify the effectiveness and efficiency of its performance and to make proposals and recommendations to facilitate and simplify procedures•Conduct analytical studies to assess risks and benchmarking and extract the results and recommendations with the concerned parties in GIARA in order to extract the KPIs of departments and raise the observations and recommendations in a report to the Director. Show less