Eslam Ali, Msc, CPA, CIA, CRMA, CFE

Experience

• 

  Dome Consulting

  Oct 2009 - Jan 2011

  Financial & Internal Controls Analyst

  • Ensuring financial policies are being adhered to as set out in Dome’s financial guidelines.• Using a financial control framework, including financial accountability and authorities to ensure full financial control.• Evaluation of profitability, costs, risks, opportunities and financial resources of the division• Ensuring accounting policies comply with the relevant accounting standards and that Dome’s policies are followed.• Protecting assets by establishing, monitoring, and enforcing internal controls.• Effectively managing the working capital of the group operations.• Ensuring timely payment of debtors and invoicing of creditors.• Leading on any recommendations that are suggested in the audit report or management letter.• Preparing the draft annual statutory accounts.• Monitoring the inventory, cash flow, general ledgers and treasury• Assisting in preparing budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.• Achieving budget objectives by scheduling expenditures; analyzing variances; initiating corrective actions.• Providing accurate cash-flow projections to the senior management.• Providing monthly budget reports to the senior management and to the budget holders, working closely with them to enable them to make accurate decisions.• Ensuring monthly books of account are closed within the established time frame.• Ensuring all finance records are kept accurately and securely and in line with legislative requirements• Ensuring monthly reconciliations are prepared and reviewed for all balance sheet accounts.• Providing all financial reports including budget, forecast, analyses and information in a timely manner and accurately• Identifying and evaluating areas for improvement of profit with particular regard to cost reductions and methodology.• Developing a customer focused approach to the internal client base. Show less

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  PwC

  Jan 2011 - Jun 2014

  Senior Internal Auditor

  • Conducting risk assessment of client business units and developing internal audit plans that are reflective of the client’s goals and strategic objectives.• Developing accurate and complete audit work papers that adequately support findings and documents work performed.• Monitoring compliance to accounting policies and procedures.• Working on alleviation of non-compliance areas.• Identifying key control issues and emerging risks arising from the audit review• Performing trend analysis on key problematic balance sheet, income statement lines, financial ratios and working analytically and prudently to ensure that variations are reasonable and understood.• Responsible in preparing internal audit reports detailing the findings of the assignment.• Performing follow up on audit letter commitments to ensure they are done in the timeline presented and agreed with management.• Preparing audit committee presentation packs reflecting a high level review of the audits performed as per the audit plan, the findings and current remediation statuses. Show less

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  Majid Al Futtaim

  Jun 2014 - Dec 2018

  Associate Manager Internal Audit

  - Review and evaluate the organization's internal controls, processes, policies and mechanisms to ensure that they are adequate, effective and in compliance with Group/Company Policies and Procedures.- Assist Audit Management in performing the risk assessment of the assigned project portfolio and in developing the annual audit plan- Perform financial, operational and compliance audits for projects assigned.- Manage the resources within the project and ensuring timely completion of assigned audit projects.- Assist in preparing the risk/control framework for the entity under review.- Responsible for supervising audit projects.- Review and prepare of system notes for businesses under review using either narratives or flow charts. - Develop Internal controls questionnaires, audit programs and detailed audit work papers incorporating test schedules, observations, audit conclusions and ensuring audit objectives are satisfactorily met.- Evaluate the adequacy and effectiveness of internal controls including the risk management process.- Ensure that all audit work papers prepared are consistent with the Departmental standards, contain sufficient supporting information / documentation and have been properly referenced.- Ensure all audit steps have been addressed appropriately and concluded bearing in mind that the internal controls being tested are suitable, efficient and effective and the audit objective has been met.- Completion of the relevant Teammate file (EWP) in compliance with established departmental quality standards.- Completion of project-specific performance appraisals for audit staffs- Perform / supervise ad-hoc assignments as required by the Senior Audit Management.- Provide on job training to team and assist Managers in identifying individual training needs where required. Show less

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  Mubadala

  Dec 2018 - now

  Mubadala is the eleventh largest sovereign investment fund in the world with over USD276 Billion in assets across 13 different industries and more than 30 countries. As an Engagement lead/ supervisor at Mubadala, I am responsible for the delivery of the following assignments across Mubadala's assets- Risk assessing the operational processes across assets.- Performing audits and writing reports to the Board and senior management.- Providing appropriate support to all entities to achieve the highest standards of risk managementAnnual Audit PlansSupport the development, preparation and submission of risk-based annual audit plans for the different assets in the portfolio to ensure that all areas of activity receive appropriate audit coverage as per audit assignment plans considering available resources.Manage the execution of internal audits- Manage a team of auditors to ensure all audit assignments are well planned, timely executed to the required quality standards and are focused on the key risks and real causes of control deficiencies, including:- Formal weekly updates to the management team,- Write internal audit reports and review the drafts of team members that are clear, concise, focused on the areas of greatest risk and structured to facilitate rapid understanding by senior management.- Collaborative development of practical, cost-effective management action plans.Track and report implementation progressBusiness partner with management to ensure that they continue to improve risk management standards and implement agreed action plans on time.Performance Management and Team DevelopmentParticipate in the achievement of Internal Audit department objectives by maintaining job descriptions, setting individual objectives, managing performance, developing and motivating staff, provision of training, formal feedback and appraisals - in order to maximize team members and the performance of the department. Show less

  • Vice President, Internal Audit

    Apr 2024 - now

  • Senior Audit Executive - Corporate

    Oct 2021 - Apr 2024

  • Internal Audit Executive- Corporate & Direct Investments

    Dec 2018 - Oct 2021