Oracle ERP systems
Wael Ragab Mohamed Saleh
Internal Auditor
Riyadh
Summary
Professional Summary
With 17+ years of experience in internal auditing, risk assessment, and compliance, vat regulations with International Financial Reporting Standards (IFRS)/ Generally Accepted Accounting Principles (GAAP) and ERP systems. Proven track record in identifying cost-saving opportunities (e.g., saving 700K SAR in tax penalties) and improving internal controls across procurement, HR, and project management. Strong analytical and organizational skills honed through work in contracting and financial consulting sectors.
Overview
18
18
years of professional experience
4
4
years of post-secondary education
5
5
Certifications
2
2
Languages
Work History
Internal Auditor
Alomaier Trading and Contracting Co.
09.2014 - Current
- Conducted internal audits across departments (procurement, project management, finance, HR) to ensure compliance with internal policies and external regulations
- Scrutinized 20+ project cost reports and financial records monthly, pinpointing unapproved expenses and over-budget allocations
- Achieved a 15% reduction in operational costs through strategic process optimization and rigorous budget analysis, directly enhancing fiscal efficiency and aligning expenditures with company goals
- Reviewed contract terms and payment schedules to verify alignment with actual project execution and billing
- Identified process gaps in procurement and inventory management for construction materials and recommended improvements
- Ensured adherence to regulatory standards, including VAT compliance, labor laws, and safety regulations
- Prepared detailed audit reports with actionable recommendations for process improvement and risk mitigation
- Followed up on audit findings to verify timely implementation of corrective actions
Chartered Accountant
Leaders Chartered Accountants & Consultants
05.2007 - 08.2014
- Conducted independent audits for a portfolio of clients across various industries, ensuring compliance with IFRS and local GAAP
- Planned, executed, and finalized audits in accordance with ISA (International Standards on Auditing)
- Assessed internal control systems, identified weaknesses, and recommended improvements
- Delivered tailored financial advisory and strategic consulting services to 20+ institutions, optimizing operational efficiency by 15%
- Streamlined accounting processes for improved efficiency and reduced errors, implementing new software systems
- Supervised junior audit staff and training procedures
Education
Bachelor of Accounting -
Cairo University
Cairo 09.1996 - 07.2000
Skills
Internal Auditing & Compliance
Organization & Attention to Detail
Effective Communication & Leadership
Problem Solving & Critical Thinking
Tax Preparation & Audit Procedures
Risk Assessment & Internal control
Financial Reporting & Analysis
Oral and written communications
Accomplishments
- Achieving tax savings for the company of more than 700 thousand riyals by directing the management to comply with the withholding tax system and pay the amounts withheld during the exemption period to avoid fines.
- Discovery of collected amounts in the form of other revenues amounting to more than 250 thousand riyals annually that are not recorded in the accounts of one of a joint venture.
Certification
Certified Internal Auditor (CIA)
Software
Timeline
Certified Internal Auditor (CIA)
03-2025
CME-1: Securities Operations
05-2022
CME-1: Securities Rules & Regulations
02-2022
SOCPA Fellowship Certificate
12-2020
Internal Auditor
Alomaier Trading and Contracting Co.
09.2014 - Current
Chartered Accountant
Leaders Chartered Accountants & Consultants
05.2007 - 08.2014
Computer Systems for Accountants Diploma, CTC
07-2004
Bachelor of Accounting -
Cairo University
09.1996 - 07.2000
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