Essam Al nasayn

Roles and responsibility pertaining to Secretary of Audit Committee.

• Attending and coordinating all audit committee meeting .
• Writing all audit committee minutes of meeting .
• Preparing audit committee agenda in coordination with chairman of audit committee .
• Supporting audit committee in any issues.

Roles and responsibility pertaining to Audit Director

Creating internal audit function, which includes the following :

• Structure and budgets
• Policy and procedures .
• Annual Audit Plan .
• Internal audit charter.
• Risk Assessments.
• Audit Execution .

Working as consultant with the Institute of Internal Auditors–Australia (IIA–Australia) to perform independent quality Assessment of the Internal Audit Department, including the following :

• Assess conformance of Internal Audit services with mandatory requirements of the ‘International Professional Practice Framework’ (IPPF) issued by the Institute of Internal Auditors (IIA).
• Ascertain expectations of Internal Audit Department services expressed by Audit Committee and Executive Management, and whether these are being met.
• Assess effectiveness of Internal Audit Department as 3rd line of assurance activity integrated into the strategic management and governance framework.
• Review whether Internal Audit Department operations represent contemporary good practice.
• Evaluate skills, knowledge and experience capability within Internal Audit Department.

Managements Achievements:

• Management of projects budget and monitoring the implementations as per agreed KPI .
  
• involvement and supervision of financial audit related to operation unites and materials managements.
• Structure and implementation of P2P " procure to pay " and HR ' human recourse" continues audit.
  
• Independent Assessment by IIA Australia , Conclude that STC Group internal audit conforms with mandatory requirements of IPPF " international of professional practices framework" and is operating effectively and can be considered to be indicative of good practices internal audit profession.
• Leading IA team supervising procurement transformations from traditional method to 7-steps procurement, Working with procurement senior manager and A.T.Kearney and audit committee .
• Providing consultation to strategic human recourse initiatives and program. Involvement in HR activities along with Mercer, Aon Hewitt & KornFerry Hay Group HR projects & special exit program.
• Ensuring That STC departments are meeting their strategic & operational goals through working hand to hand with corporate leaders & other stakeholders, acting as internal guide & advisor.
  

Strategic Roles:

• Audit committee member in STC specialized subsidiary.
• Strategic and annual audit plan .
• Management of consulting vendors .
• Management of audit projects and issue reports in timely manner .
• Management of audit staff and training needs.
• Recruitment and training of internal audit staff .

Program & Project Management experience :

New Procurement trend " 7 steps " / HR Strategic & Operational Audits / ERM- enterprise risk management / Corporate communication / Material management audit project / Management Investigation cases / Subsidiary investment | Quality Management / Corporate Performance Management / Security and safety / Building and fleet management / Governance department / Sales incentive scheme

• Preparation of comprehensive financial forecast, and other analysis reports on global exposure, liquidity, income and expenses.
  
• Liasing between banking institutions, external financial analysts and saudi research and marketing group management, greatly improving work efficiency .
  
• Designing extensive loans repayment scheme leading to measurable improvement in processes.
  
• Supervising development of a variety of financial simulation models, effectively leading to successful usage of hedging tolls.
• Perform Periodic financial reports for senior managements .
  
• Planning, organizing and directing operations of Treasury Department, ensuring effective overall management.
• Developing subsidiary finance related policies and procedures, advancing level of accuracy of control.
• Coordinating financial planning and budgeting processes, measurably reducing discrepancies..
• Establishing profitability standards for investment activities through efficiently executing borrowing agreements with banking institutions.
• Recruiting Competent personnel and organizing training to develop their skills further according to strict departmental strategies.
• Reporting to senior management any violation of financial transactions critical to organization's financial performance.
• Firmly controlling subsidiary finance activities, leading to improved level of routine.
• Reviewing Security levels required for financial transactions and piloting improvements for secure practices.

• Operated and developed a highly effective SAMA Electronic Management System, efficiently saving time spent on processes.
• Prepared and analyzed comprehensive financial and forecasting reports from the local database by means of using SQL-, DML-, and ACCESS- Software operating systems.
• Thoroughly prepared, analyzed and monitored SAMA financial reports, identifying and eliminating possible disparities.
• Played a pivoting role in executing administration function and held accountability for professional service delivered between SAMA and Al Bank Al Saudi Al Fransi.
• Identified and controlled risks and exposure to financial matters- internally and with customers, ensuring a high level of customer satisfaction.
• Meticulously maintained a high accuracy of customer standing data enforcing a no-error policy in business processes.
• Responded to complexities concerning customer transactions through sound reasoning of product and pricing policy, legislation, and thorough principles and financing options.
• Initiated suggestions and sound advice to clients that assisted in problem prevention and protection of business assets.
• Ensured the collection of income in terms of product and pricing policy or agreed relationship discounting, strictly according to accounting and control department policies.
• Carefully checked selected transactions related to international trade and payment transactions and efficiently identified errors.

Bachelor degree