Johnny Elias, CPA, DipIFR

Ensuring effective monitoring and response to external risks, associated with local government and authorities, compliance with policy and regulations, and legal and local political issues. Support in risk identification and assessment processes. Conduct fraud risk assessments/compliance reviews and fraud and safeguarding investigations. Provide training to staff and Partner staff on fraud and key control and compliance risk prevention measures. Develop an annual consolidated risk management plan and taking part in the partners and awards acceptance procedures.

Recording journal entries into Bisan accounting system, including payroll. Reconciling the revenue reservation system to the revenue ledgers and detect and investigate reconciling items and follow-up on them. Filing invoices and documents and communicating with the external auditors and responding to their requirements. Preparing regular bank reports and bank reconciliations. Preparing and scheduling the payments and writing checks\transfer letters to banks. Following up on receivables and communicating with customers. Preparing and reporting on the Convention’s statement of revenues and expenditures and preparing financial reports and holding meetings with management to discuss the financial status and progress, as well as preparing budget vs. actual reports. Analyzing the financial progress of the Convention and providing my financial advice.

External Audit: My responsibilities are to plan the audit, understand the company and its environment, develop the audit plan and identify key risks, carry out field work tasks represented in obtaining all necessary audit evidence and documents, substantive testing and examining controls, including the audit of various balance sheet and income statement items, including but not limited to property plant and equipment, intangible assets, investments of all kinds, accounts receivable, accounts payable, right of use, lease liability, loans, cash and cash equivalent, bank credits and facilities, equity items, projects in progress, internally generated assets, various streams of revenue, cost of services, expenses, finance cost\revenue, and taxes. I have also audited and consulted on merger and acquisition transactions. My tasks also include compiling standalone and consolidated financial statements and financial reports as well as reviewing final reports, ensuring that appropriate accounting standards and IFRSs are applied and adhered to, and ensuring that sector-specific laws and procedures are followed. As part of my responsibilities, I supervise, support, and provide coaching and feedback to junior members of the engagement team. As part of my work, I also maintain the economics of the engagement and lead the client-facing team, hold regular update meetings with top management and with the engagement team and update the engagement leader on the critical issues, as well as communicating with the experts and raising any issues for internal consultations. Moreover, I prepare and deliver technical and financial proposals as well as ensuring the collection from clients is according to the agreed payments schedule. In addition, I also prepare management letters to clients and provide adding-value recommendations. Internal Audit: I have worked on several internal audit and risk assessment projects. My long experience in internal audit includes holding and preparing for kick-off meetings and understanding walkthroughs, inquiry with management to understand the department’s work, procedures and flow of documents and information, observing the daily operations and tasks, preparing the understanding narrative, assessing\evaluating risks, preparing audit plans and the risk-control matrix (RCM), walkthrough controls, testing controls and examining their design, implementation and operational effectiveness, preparing internal audit reports with recommendations and value-adding measures to mitigate risks, discussing findings with management and audit committees, follow-up with management on the proper application of the recommendations to improve the internal controls and control environment and better comply with the laws, policies and procedures as well as carrying out appropriate training to employees to ensure their proper implementation.