Umar Nawaz

Experience

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  Stylo Shoes

  Aug 2012 - Dec 2013

  Internal Auditor
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  Matco Foods

  Feb 2014 - Dec 2014

  Senior Internal Auditor

  Identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting processes and procedures. Performing test of controls in place to identify weaknesses / areas of improvement in the internal controls.Facilitated program of recurrent audit compliance checks including cash counts, stock counts, assessment of Work-in-progress.Developed and ensured the systematic follow up of recommendations arising from audit reports.Preparing test sheets to draw conclusion and participation in finalization of audit reports. Show less

• 

  Mannai Corporation QPSC

  Jan 2015 - now

  ✔ Risk & Compliance Management• Developed and implemented a comprehensive risk management framework, including risk assessments, risk registers, and mitigation strategies.• Ensured adherence to industry regulations and internal policies, leading to reduced compliance risks and zero major regulatory non-conformances.• Conducted fraud risk assessments and forensic investigations to detect and prevent financial fraud.• Worked closely with external consultants on projects related to operational optimization, process improvement, and strengthening of internal controls.✔ Internal Audit & Governance• Led the execution of internal audit projects, including planning, risk assessment, and testing, ensuring timely delivery of high-quality audit reports.• Established a system of follow-ups to ensure accountability and sustained improvement in internal controls.• Presented audit findings and risk insights to senior management and the board, facilitating informed decision-making.✔ Process Improvement & Cross-Functional Collaboration• Partnered with business units, consultants, and stakeholders to develop and implement process improvements and control enhancements.• Provided guidance and training on risk management, compliance, and internal control best practices.• Stayed updated on industry trends, regulatory changes, and emerging risks to proactively address compliance and governance challenges. Show less • Facilitated Enterprise Risk Management (ERM) workshops with the leadership team.• Supported internal audit activities, including testing, analysis, and audit report preparation.• Assisted in executing compliance audits, identifying control weaknesses, and recommending corrective actions.• Contributed to the development and maintenance of policies, procedures, and controls to ensure regulatory compliance.• Led process improvement initiatives in operational areas and worked on ad-hoc projects at management’s request.• Ensured audit working papers adequately supported findings, conclusions, and reports.• Monitored the implementation of corrective actions and tracked their effectiveness. Show less • Played a key role in completing the company’s first ICOFR assessment, working closely with management and external auditors.• Contributed to the design and implementation of effective internal controls to improve operational efficiency and align with business objectives.• Successfully coordinated forensic activities related to investigations.• Led and supervised audit assignments from initiation to completion.• Assisted the Chief Audit Executive (CAE) in preparing the annual audit plan and periodic Audit Committee reports.• Served as a key liaison with external auditors to facilitate smooth audit engagements. Show less

  • Manager - Risk, Compliance and Internal Audit

    Jan 2023 - now

  • Deputy Manager Risk, Compliance & Internal Audit

    Jul 2020 - Dec 2022

  • Assistant Manager Internal Audit

    Jan 2017 - Jul 2020

  • (Senior) Internal Auditor

    Jan 2015 - Dec 2016