Muath Abuhilal

Experience

• 

  PwC

  Dec 2012 - Aug 2013

  Cooperative training
• 

  Mayar Foods

  Mar 2014 - Jul 2017

  •Conducts assigned audit engagements successfully from beginning to end•Identifies and communicates issues raised, offering recommended solutions relevant to business and risk •Supervises junior auditors assigned to engagements providing guidance and overall review of deliverables •Ensures audit conclusions are based on a complete understanding of the process, circumstances, and risk •Organizes personal effort along with those of junior auditors to be risk-based, productive, and efficient at all times Show less

  • Senior Internal Auditor

    Jan 2017 - Jul 2017

  • Internal Auditor

    Mar 2014 - Dec 2016
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  Al Muhaidib Group

  Jul 2017 - Jul 2018

  Senior Internal Auditor

  • Assist IA Manager to develop and execute the IA plan and to take a lead role in the execution of audit fieldwork. Fieldwork and contributing to projects, investigations, incidents and fraud reviews required.• Conducts assigned audit engagements • Identifies and communicates issues raised, offering recommended solutions relevant to business and risk

• 

  Panda Retail Company – Savola Group

  Jul 2018 - Mar 2021

  •Plan and Assist in the preparation of risk-based audit plans to set out the priorities of the Audit engagements, consistent with the organisational objectives.•Developed high-level knowledge of client business goals, policies, and procedures to establish foundation for targeted problem solutions.•Conducted strategic and technical reviews to verify compliance with quality control standards, schedule constraints and budget parameters.•Analyzed complex client problems and generated targeted solutions that resolved outstanding issues while enhancing client business positions.•Conducts interviews, reviews document, develops and administers surveys, composes summary memos, prepares working papers, identifies, and defines issues, reviews and analyses evidence, documents processes and procedures, and documents issues and recommendations.•Maintains the Company’s standard for the Professional Practice of Internal Auditing and the Code of Ethics developed by The Institute of Internal Auditors and Company standards.•Administer the assessment of risks and internal controls within the audited area, identification of process weaknesses and inefficiencies and operational issues, evaluation of Risks and Controls and preparation of Risk and Control matrix•Stays abreast of general business/economic developments and new professional announcements & standards to gain an understanding of their links and impact on the organization.•Plan, manage and review individual performance and provide regular feedback, development, and coaching, taking prompt action where necessary.•Facilitated financial and operational audits, working with internal and external managers to communicate recommendations or issues surrounding audits.•Identified management control weaknesses and provided value added suggestions for remediation.•Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement. Show less •Execute risk based audit projects based on the annual audit plan and the risk assessment.•Assist the Audit Manager in the development of an audit approach and testing strategy for assigned audit projects to ensure all key business risks and controls are evaluated•Conducts interviews, reviews documents, develops and administers surveys, composes summary memos, prepares working papers, identifies and defines issues, reviews and analyzes evidence, documents processes and procedures, and documents issues and recommendations.•Maintains the Company’s standard for the Professional Practice of Internal Auditing and the Code of Ethics developed by The Institute of Internal Auditors•Manage the risk assessment process during the planning of each project to identify the high risk areas requiring testing•Coordinate with other Audit Division’s units and activities so that it effectively utilizes its resources, manages its •Provide a first level review and approval of working paper documentation to ensure the retained documentation supports the audit work performed by Internal Auditor•Participate in the overall risk assessment process and development of the annual audit plan•Demonstrates the ability to identify internal control weaknesses, non-compliance with organizational policies and/or laws and regulations, as well as opportunities to improve operational effectiveness.•Prepare audit reports, ensuring audit objectives are met, conclusions are documented and supported, and recommendations are clear, concise, and practical.•Perform follow-up procedures to determine whether recommendations have been implemented•Prepares initial background, scope, findings, recommendations, and any corrective actions necessary and practice the ability to demonstrate them to the audit audiences both orally and in writing..•Ensure that all agreed remediation plans are subsequently implemented. Show less

  • Internal Audit Manager

    Nov 2019 - Mar 2021

  • Senior Internal Auditor

    Jul 2018 - Jan 2020
• 

  LogiPoint - تمكين الخدمات اللوجستية

  Mar 2021 - Jan 2023

  Internal Audit Manager & Audit Committee Secretary

  Internal Audit Strategy:• Establishing the internal audit charter for Audit Committee’s approval.• Partnering with the Audit Committee & Senior Management to understand their focal areas, performing periodic risk assessment and formulating internal audit strategy and risk-based internal audit plan.• Perform periodic Audit Committee/ Board presentations briefing them on the internal audit plan status, action plans implementation status and other internal audit projects.• Support the internal audit function of the Holding Group (SISCO) and its subsidiaries in performing assurance and consultancy engagements.Consultation:• Act as a consultant of policies and procedures by providing guidance to those who develop new policies and procedures.• Lead the organization’s whistleblowing program by preparing whistleblowing materials, conducting regular awareness sessions to employees and performing whistleblowing investigation as per Audit Committee’s directions.Audit Engagements:• Supervising engagements assigned to the internal audit team, to ensure that; (a) major risks are identified, (b) work program is proper, complete and documented, (c) audit objectives are achieved, (d) audit procedures are properly documented, and (e) audit findings are well supported by evidence and agreed by the auditees.• Performing planned and unplanned assurance and consultancy engagements, by identifying and assessing risks facing the organization within the business process being audited and evaluating and reporting on the design and the operating effectiveness of the system of internal controls.Department Management:• Manage the performance of the assigned team through monitoring the KPIs achievement, coaching, mentoring, and following up any obstacles, provide performance feedback and conversations, coaching…etc. to ensure the achievement of the set objectives. Show less

• 

  Support Group

  Nov 2022 - now

  Director of Internal Audit

  Communicate and interact directly with the board / governing authority.Obtain competent advice and assistance to supply the knowledge, skills orother competencies needed to provide effective internal audit services.Develop and maintain a quality assurance and improvement program thatcovers all aspects of the internal audit activity.Communicate results of the quality assurance and improvement program tosenior management and the board / governing authority.Effectively manage the internal audit activity to ensure it adds value to theorganization.Establish a risk-based plan to determine the priorities of the internal auditactivity, consistent with organizational goals.Consider accepting proposed consulting (advisory) engagements based onthe engagement’s potential to improve management of risks, add value, andimprove organizational operations.Include accepted consulting (advisory) engagements in the internal auditplan.Communicate the internal audit activity’s plans and resource requirements,including significant interim changes, to senior management and the board /governing authority for review and approval.Ensure internal audit resources are appropriate, sufficient, and effectivelydeployed to achieve the approved internal audit plan.Establish policies and procedures to guide the internal audit function. ›Share information, co-ordinate activities, and consider relying upon the workof other organisation assurance / external assurance / consulting providersto ensure proper coverage and minimise duplication of assurance efforts.Report periodically to senior management and the board / governingauthority on the internal audit activity’s purpose, authority, responsibility, andperformance relative to its plan, and on its conformance with the IIA Code ofEthics and the Internal Audit Standards.Communicate internal audit engagement results to appropriate parties –parties who can ensure the results are given due consideration. Show less