Liaqat Khan Internal Audit Manager

Experience

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  DevCon Development Consultants Pvt. Ltd

  Jan 2007 - Dec 2007

  Internal Auditor

  Key Accomplishments:• Assessed, build and strengthened local and international clients’ accounting and internal control systems and compliances capacities in finance, human resource, procurement and administrative management etc.• Provided internal audit services to help clients’ in effective resources management (HR, Finance, SCM).• Prepared operational manuals and controls policies and procedures (P&P) for the clients covering all processes (Finance, HR, procurement and admin. etc.). Show less

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  PricewaterhouseCoopers

  Jan 2008 - Jun 2008

  Internee - Audit & Assurance

  Key Accomplishments:Engaged on secondment basis and Prepared fixed assets register through physical inspection & verification for Abu Dhabi Government (Department of Municipalities and Agriculture) and covered Abu Dhabi, Al Ain, and Western Region.

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  HES Chartered Accountants

  Apr 2009 - Mar 2011

  Audit & Risk Manager

  Key Accomplishments:• Managed clients’ external and internal audit and advisory assignments (due-diligence, feasibility studies). • Finalized audit and advisory reports based on risk-based audit methodology and secured firm’s audit risk.• Assured compliance with International Financial Reporting Standards (IFRSs) for finalized audit reports.• Assured compliance with International Standards on Auditing (ISAs) in all finalized reports of clients.

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  Galadari Brothers Group

  May 2011 - Jan 2014

  Group Internal Auditor

  Sectors Covered are Hospitality, automobiles, manufacturing, general trading, media, and advertising.Key Accomplishments:• Prepared Quarterly and Annual Audit Progress Reports.• Prepared Audit Committee review meeting presentations.• Performed special assignments as directed by Head of Internal Audit.• Prepared audit plans and programs.• Conducted risk based internal audits fieldwork, identify and draft audit findings.• Provided recommendations to BUs based on audit findings.• Prepared audit reports and follow-up reports. Show less

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  Al Ghurair Investment

  Feb 2014 - Oct 2016

  Group Senior Internal Auditor

  Sectors Covered are Food, Resources, Construction Engineering & Contracting, Energy, Ventures, Real Estate and automotive. Processes Audited including Properties (Residential & Commercial Properties Leasing Management), SCM (Customer Services, Warehouse, Logistics, Contract & Procurement Management), Finance (Payables and Payments Management), Trade Operations (Sales, Receivables and Contracts Management), Production Management (Feed Mills, Macaroni & Noodles Plant, Edible Oil Plant, Flour Mill), Construction (Blocks Manufacturing, Procurement, Contracts, Receivables and Payables, Tendering & Estimation, Free Cash-flows Management etc.).Key Accomplishments:• Assisted in audit universe & annual audit plan finalization and execution.• Planning - Prepared internal audit plans (APM) and programs - risks & controls evaluations (RCE). • Field Work - Conducted internal audits by executing audit program.• Reporting - Provided audit recommendations based on audit findings to mitigate the risks. • Follow-ups - Monthly Follow-ups for open action plan items status through Auto-Audit. Show less

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  The Zubair Corporation

  Nov 2016 - Oct 2023

  Sector Covered including Upstream Oil and Gas, Automotive, Manufacturing, Construction, Real-Estate, Trading, Hospitality and Media Advertising. Business Processes Audited including sales, receivables, collection purchases, payables, supply chain, manufacturing, finance, HR, Vehicle leasing & rental, marketing, properties development & rental, project management, contracts, drilling, production, engineering, cost recovery etc.Key Accomplishments:• Managed team of 17 ISO auditors and executed ISO integrated management system (IMS 9001, 14001, 45001) implementation audit across group companies and streamlined function-wise complex business processes in form of policies, manuals, work instructions/SOPs and supportive document management systems for effective governance, risk and compliance (GRC).• Prepared internal audit charter, policy & procedure and audit methodology as per IIA USA Standards. • Transformed internal audit function’s traditional resident audit approach to risk based internal auditing.• Developed audit universe of all businesses processes with associated key inherent risks based on internal control over financial reporting (ICOFR) framework and validated it with management. • Finalized an annual audit plan and technical audit areas for group companies from audit universe.• Managed execution of all audits as per audit committee approved annual audit plan from planning, fieldwork, reporting, follow-ups and closing of agreed actions plans items.• Finalized detailed audit program of assignments based on risk & controls evaluations (RCE).• Led exit meetings to update senior managements about control issues, revenue leakages, operational inefficiencies, cost savings opportunities and emerging threats to businesses and provide proactive control advices with agreed action plans to achieve set objectives. • Reviewed auditors work programs, risk & control matrix (RCM), working papers and assured quality.• Conducted various special assignments. Show less

  • Group Internal Audit Manager

    Jan 2022 - Oct 2023

  • Group Assistant Internal Audit Manager

    Nov 2016 - Dec 2021