Tariq Latif Chaudhry - ACA, SOCPA

Experience

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  Mitsubishi Electric Saudi Ltd.

  Nov 2021 - now

  Senior Manager Internal Audit & Compliance

  •Define Audit Universe identifying auditable units and Perform Organizational-Level and Department-Level Risk Assessment; •Prepare & Implement Risk Based Internal Audit Plan (IAP) and obtain Audit Committee approval, and conducting adhoc engagements (including Investigation, Management Requests and Advisory services etc.); •Review Installation Contracts for identifying internal risks and advise Sales & Commercial Teams to mitigate those risks; •Review O&M Contracting Process, Vendors’ Evaluation, Compliance with Contract Terms, sub-contracting process; •Ascertain accounting records to ensure Compliance with Accounting Standards; •Ensure adequate and appropriate audit documentation (including process narratives / flow charts, Risk & Control Matrices, documents supporting the audit conclusions); •Conduct Project Audits to ensure compliance with the Contract’s Financial & Commercial Terms, ensure matching with BoQ, check Variation Orders (VOs) & EOT and impact on Project completion, ascertain Stage-of-Completion and ensure Invoice matching; •Managed multicultural team of 6 resources. Mentoring, coaching & on the job training. Job allocation, performance management (KPI setting & appraisals). •Quarterly presentation to the Audit Committee in Internal Audit (Audit Reports, Audit Follow-up status and status of IAP) and Risk Management (Risk Statements, Top risks, Heat Map, Mitigation Strategies) Show less