Rami Al Sharawneh

Prominent Clients: Abu Dhabi Customs Authority, Ministry of Interior, Mohammed Bin Zayed University for Humanities, Department of Culture and Tourism, Al Dhafra Region Municipality & Sorbonne University Abu Dhabi.

Internal Audit Services:

• Plan and execute internal audit engagements in accordance with industry standards and regulatory requirements.
• Evaluate the effectiveness of internal controls and compliance with policies, procedures, and regulations.
• Prepare detailed audit workpapers, findings, and recommendations for management's review and action.
• Communicate audit results and findings to key stakeholders, including executive management and audit committees.

Risk Assessments:

• Conduct comprehensive risk assessments for clients across various industries to identify potential areas of vulnerability and exposure.
• Develop risk assessment frameworks (ISO 31000, COSO, ADAA) and methodologies tailored to the specific needs and objectives of each client.
• Analyze and evaluate existing internal controls and procedures to identify weaknesses and gaps in risk management practices.
• Collaborate with senior management to prioritize risks and develop mitigation strategies to minimize potential impact.

Fraud Risk Assessments:

• Perform thorough fraud risk assessments to identify potential fraudulent activities within client organizations.
• Utilize data analytics and forensic techniques to detect patterns of fraudulent behavior and transactions.
• Conduct scenario analysis to simulate potential fraud scenarios and assess the likelihood and impact of each scenario.
• Conduct interviews and investigations to gather evidence and uncover fraudulent schemes or misconduct.
• Develop fraud prevention and detection programs to mitigate risks and safeguard assets.

Internal Controls Over Financial Reporting:

• Apply the COSO framework for several local semi-governmental and Public entities to ensure compliance with Abu Dhabi Accountability Authority Decision No. 1 of 2017.
• Conducting analysis and evaluation of internal controls over financial reporting and provided relevant recommendations.

Prominent Clients: Fazaa Group, Emirate Palace Hotel, Department of Health & Al Cooperative Society.

Performed multiple Risk Assessments, Internal Audit Reviews and Follow-Ups, providing support in various areas, including:

• Attending client process understanding meetings, actively engaging in discussions to gain a comprehensive understanding of key operational processes and business functions
• Identifying control gaps in processes, procedures and systems through in-depth research and assessment and suggesting methods for improvement.
• Conducting comprehensive reviews of internal controls
• Preparing and Reviewing working papers, reports and supporting documentation for audit findings.
• Collaborating with audit teams to ensure compliance with regulatory requirements
• Participating in the development of internal audit reports and recommendations
• Conducting follow-up procedures to assess the implementation of audit recommendations

Assisted in the execution of internal audit reviews in departments such as operations, Health, Safety, and Environment (HSE), and procurement across industries including hospitality and tourism, and retail.

Drafted technical proposals upon receiving potential clients RFP's. Proposals were drafted to several engagements, for example: Internal Auditing, Risk Assessment, Corporate Governance, etc…