Faiz Alagab

• Primary duties and responsibilities:
• Managing internal audits according to audit plans
• Planning and performing operational and financial audits
• Drafting recommendations on corrective measures
• Report to the audit committee and to organization’s management, audit results, and observations
• Supervises findings follow up tasks with management and audit staff
• Offer functional training and advice to Internal Audit staff
• Advising executives and offering consultancy services to senior management.

• Primary duties and responsibilities:
• Preparing and filing the Value Added Tax (VAT) returns of the company and its Joint Ventures (JVs)
• Preparing and filing the Withholding Tax (WHT) returns of the company and its Joint Ventures (JVs)
• Providing details of Zakat of the company and its Joint Ventures (JVs) to the external auditors
• Tax compliance for the company and its Joint Ventures (JVs)
• Report qualitative and quantitative information of the company and its Joint Ventures (JVs) to Saudi Aramco on “IKTVA” Program that falls into different categories: Revenue, Goods and Services, depreciation/amortisation, Saudi payroll related costs, Saudi training and development costs, Capital expenditures and other
• Prepare the Local Content (LC) Scorecard of the company and its Joint Ventures (JVs) to Local Content Authority
• General posting to the company General Ledgers (GLs).

Primary duties and responsibilities:

• Advisory and Consultancy Services:
• Assessing risks of material misstatements in the company
• Reviewing internal controls to ensure adequacy and effectiveness of control systems in preventing and deducting material misstatements
• Planning & performing substantive audit procedures in respond to assessed risks
• Carry out fieldwork and allocate work as appropriate to audit assistants, provide on-the-job training to junior staff, and review work done by them
• Draft audit reports
• Follow up with clients on outstanding audit matters
• Assist the clients/companies in evaluating the Saudi Aramco Oil Company In-Kingdom Total Value Add (IKTVA) Return
• Apply the IKTVA agreed upon procedures in accordance with International Standards on Auditing (ISA)
• Audit and Assurance Services:
• Scoping
• Identify and assess risks
• Design audit response
• Obtain audit evidence
• Form opinion
• Reporting and management letter.

• Primary duties and responsibilities:
• Based upon established audit objectives and scope, perform assigned audits in accordance with IIA and department standards
• Carry out appropriate audit tests based upon department and other recognized audit procedures and evaluate the results of those tests
• Supervise the audit team, allocate work as appropriate to audit assistants, provide on-the-job training to junior staff, and review work done by them
• Review, evaluate, and document audit evidence to support conclusions
• Prepare draft audit report
• Follow up with clients on outstanding audit issues
• Perform special audit assignments as directed by the Chief Audit Executive (CAE).

• Primary duties and responsibilities:
• Establish audit scope and objectives for audit projects
• Based upon established audit objectives and scope, perform assigned audits in accordance with IIA and department standards
• Carry out appropriate audit tests based upon department and other recognized audit procedures and evaluate the results of those tests
• Supervise the audit team, allocate audit work as appropriate to audit assistants, provide on job training to junior staffs, and review work done by them
• Review, evaluate, and document audit evidence to support conclusions
• Prepare draft audit report
• Follow up on internal audit reports to ensure that all suggested recommendations have been implemented
• Perform special audit assignments as directed by the Chief Audit Executive (CAE)
• Contribute to the preparation of the annual audit plan by providing inputs to the CAE and assessing and prioritising audit risks.

• Duties and responsibilities:
• Based upon established audit objectives and scope, perform assigned audits in accordance with IIA and department standards
• Carry out appropriate audit tests based upon department and other recognized audit procedures and evaluate the results of those tests
• Review, evaluate, and document audit evidence to support conclusions
• Draft and communicate audit findings and conclusions via written notes/reports to the supervisors
• Follow up on internal audit reports to ensure that all suggested recommendations have been implemented.

• Primary duties and responsibilities:
• Banking and cash management
• Preparing journal vouchers and
• Initiate the journal vouchers in the system.

Primary duties and responsibilities:

Value Added Tax (VAT)

• Plan audit assignments in accordance with the VAT laws and regulations
• Review, evaluate, and document audit evidence to support conclusions
• Draft audit reports.

• Duties and responsibilities:
• Banking and cash management
• Preparing journal vouchers
• Initiate the journal vouchers in the system
• Stocktaking and accounting for fixed assets.