Muhammad Noman
Internal Auditor
Riyadh
Summary
With over 5 years of experience in the Risk Advisory Services (RAS) group at Ecovis Alsabti and BDO Pakistan, a member firm of BDO Global, extensive expertise has been developed in internal audit, compliance audits, internal control assessments, process improvements, and process automation within the Capital Market Institutions, E-commerce and Manufacturing sectors. A strong foundation in CIA principles provides comprehensive knowledge and skills to address complex risk management challenges and ensure regulatory compliance. Proven ability to deliver high-quality outcomes in dynamic environments adds significant value to organizational objectives and team success.
Overview
5
5
years of professional experience
5
5
years of post-secondary education
3
3
Certifications
3
3
Languages
Work History
Senior Consultant - Risk Advisory & Internal Audit
ECOVIS ALSABTI
Riyadh, Riyadh Region
01.2024 - Current
- Company Overview: Secondment
- Currently supervising three Capital Market Institutions (CMI), overseeing audit plan execution from the initial phase to the submission of the final report
- Conducted a comprehensive Private Equity audit at Asset Management Company which oversees investment portfolios for esteemed clients in KSA and the US, identifying major areas for improvement
- Performed a detailed audits of the Real Estate, Brokerage, Compliance & AML, Asset Management and Operations Departments in multiple CMIs recommending areas for improvement
- Discuss project status reports with clients on a weekly basis
- Manage project timelines to ensure completion within the deadlines defined by clients
- Review deliverables for clients, including the Risk Control Matrix (RCM), Risk Assessment, and Audit Planning Memorandum
- Provide guidance & mentoring to junior teammates
- Secondment
- Special Assignment - Post Implementation Review - SAP ARIBA
- Developed Risk Control Matrix (RCM) for the Post Implementation Review (PIR) of SAP ARIBA, documenting key risks and mitigating controls for system processes
- Conducted a comprehensive review of the Supplier Lifecycle and Performance (SLP) Module and Procurement Module in SAP ARIBA, assessing system functionality and control effectiveness
- Provided recommendations regarding the segregation of duties in the approval process within the supplier onboarding process
- Identified gaps in the 'Pay to Procure' process within SAP S/4HANA
Consultant - Risk Advisory & Internal Audit
ECOVIS ALSABTI
Riyadh, Riyadh Region
03.2023 - 12.2023
- Developed risk and control matrices, test plans, and working papers in compliance with Ecovis International methodologies
- Conducted walk-through of procedures and detailed testing for compliance with IAS/IFRS, local laws, and entity-specific SOPs and policies to evaluate process efficiency and effectiveness
- Interviewed management to understand and document As-Is business processes and identified process and control gaps through benchmarking against industry practices
- Discussed audit observations with client management, agreeing on action plans and timelines for implementing recommendations
- Finalized engagement deliverables and prepared presentations for Board Audit Committee (BAC) meetings
Supervisor - Risk Advisory Services
BDO Pakistan
Karachi
07.2019 - 02.2023
- Company Overview: Article-ship
- Led internal audits for Sales & Marketing, Procurement to Payment, Health & Safety, Corporate Compliance, Production, and Inventory Management in a Steel manufacturing & Textile company
- Performed end-to-end internal audits of multiple operation departments within the Manufacturing and E-commerce industries
- Performed GAP Analysis Exercise for a leading E-commerce food delivery company in Pakistan and identified significant control gaps and weaknesses in various business processes including Sales and QA, B2B Partnerships, Home-chef, Marketing, Procurement, Dark stores (Finance), Logistics, Corporate Sales, Kitchen and Concepts
- Documented To-Be Policies and Procedures Manual with recommended mitigating controls
- Collaborated with management to implement corrective actions for identified deficiencies.
Education
Master in Business Administration - Business Analytics
Edinburgh Business School
09.2023 - 03.2026
Bachelors of Commerce -
University of Karachi
01.2017 - 12.2019
Skills
Internal Audit
Internal Controls Advisory
Documentation of policies and SOPs
Process Automation
Financial Reporting
Risk Assessment
Data Analytics
SAP Ariba
Oracle
Shopify
Salesforce
ARARA
ROOSTER
Tableau
MS Office
Emotional Intelligence (EQ)
Critical Thinker
Problem-solver
Teamwork
Time Management
Effective communicator
Project management
Misskills
- SAP Ariba
- Oracle
- Shopify
- Salesforce
- ARARA
- ROOSTER
- Tableau
- MS Office
Dateofavailability
One-month notice period
Clientportfolio
H. Nizam & Sons Pvt. Limited (Nizam Group), People Steel Mills (PSM), Amreli Steels Limited, JS Investment Limited (JSIL), GAP Analysis Exercise - Delivery Hero Pakistan (Food-panda), AlRajhi Capital, ALBILAD Capital, DERAYAH Financials, WISAYAH Global Investment Company (A subsidiary of Aramco, overseeing investment portfolios), Water Transmission Company (WTCO) - Post Implementation Review (PIR) - SAP Ariba
Personal Information
- Date of Birth: 03/11/93
- Gender: Male
- Nationality: Pakistani
Professional Highlights
- Cost Reduction: Identified and quantified an opportunity cost of 6 million SAR within the REIT fund due to vacant properties, proposing strategies for improved occupancy rates.
- Process Improvement: Conducted thorough audits to identify and rectify gaps in property management practices. Implemented recommendations for enhanced assessment criteria for property managers to optimize performance.
- Financial Efficiency: Detected and corrected multiple duplicate payments to the government, totaling 90 thousand SAR. Implemented a consolidated database sheet to prevent future occurrences.
Accomplishments
- Identified a SAR 6M cost-saving opportunity in Real Estate Funds by improving occupancy strategies.
- Conducted a comprehensive review of SAP Ariba implementation, resolving segregation of duties issues in supplier onboarding processes.
- Detected duplicate government payments totaling SAR 90K and implemented a consolidated tracking database to prevent recurrence.
Certification
Certified Internal Auditor (CIA) – Part 1 Passed (In Progress)
Timeline
Certified GRC Auditor (GRCA) | Open Compliance and Ethics Group
12-2024
Certified GRC Professional (GRCP) | Open Compliance and Ethics Group
12-2024
Certified Internal Auditor (CIA) – Part 1 Passed (In Progress)
08-2024
Senior Consultant - Risk Advisory & Internal Audit
ECOVIS ALSABTI
01.2024 - Current
Master in Business Administration - Business Analytics
Edinburgh Business School
09.2023 - 03.2026
Consultant - Risk Advisory & Internal Audit
ECOVIS ALSABTI
03.2023 - 12.2023
Supervisor - Risk Advisory Services
BDO Pakistan
07.2019 - 02.2023
Bachelors of Commerce -
University of Karachi
01.2017 - 12.2019
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