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Itz Navarro Vazquez

Internal Audit Executive

Can work in or around Amsterdam

  • 52.37243
  • 4.89973
  • Suggested rate £857 / day
  • Experience 7+ years
Propose a project The project will begin once you accept Itz's quote.

This freelancer will be available again on 21/02/2023

Until 21/02/2023

Propose a project The project will begin once you accept Itz's quote.

Location and workplace preferences

Location
Amsterdam, NH, Nederland
Can work onsite in your office in
  • around Amsterdam and 50km

Verifications

Verified email

Languages

  • Spanish

    Native or bilingual

  • English

    Fluent

Categories

Skills (8)

Itz in a few words

I am a finance executive with over 20 years of experience across industries, functions and geographies. I engage with executive management and company leaders to employ effective and sustainable controls to ensure a healthy internal control environment not only during stable periods, but more so during times of significant change (reorgs, acquisitions, cost cutting, new ERP systems). I communicate to executive management, and I engage with leaders on issues and weaknesses discovered during reviews/audits to, determine materiality, significance, impact and risk to enable actions to remediate issues.
I am familiar with globally accepted audit standards, industry frameworks (e.g. COSO, COBIT, ISO, SOX), and the use of data analytics. I am able to build and develop teams in a complex environment to assess an organization’s internal controls, risk management and governance processes, to determine whether they are functioning as intended. I have significant global working experience through long-term assignments in the Americas, Europe, Asia & the Middle East.

Experience

Saudi Basic Industries Corporation

Energy & Utilities

Internal Audit Manager

Amsterdam, NH, Nederland

November 2010 - Today (12 years)

JV Financial Controller – Corporate Finance Nov 2000 – Sep 2004 Saudi Basic Industries Corporation – Amsterdam, Netherlands Nov 2010 – Current Internal Audit Manager Aug 2013 - Current
•Maintains significant relationships and interactions with executive and senior management to understand and incorporate their input to the audit process (e.g. risks, initiatives, strategies and current operations).
•Actively work with SABIC global groups, Affiliates and Joint Ventures to evaluate and report on areas of risks to the business.
•Possess and maintain significant subject matter competencies in order to engage and facilitate internal control and risk based discussions within all layers of management.
•Incorporate globally accepted audit standards, industry frameworks (e.g. COSO, COBIT, ISO) and professional guidance materials into the audit reviews.
•Lead the Data and Visual Analytics group within the IA department; enabling efficiency, productivity and coverage gains, and the use of continuous controls auditing techniques.
•Assist the Head of Internal Audit in providing appropriate and relevant consultancy services to SABIC Management.
•Assist the Head of Internal Audit in managing the department in terms of audit methodology, quality assurance reviews, recruitment, KPIs, etc.
•Oversee strategic projects within the IA department; enabling efficiency, productivity and coverage gains.
•Provided independent, objective assurance and support designed to add value and improve the Company's operations and systems of internal controls.
•In conducting reviews, ensure compliance with corporate governance requirements within SABIC globally.
•Effectively lead, developed and maintained (recruits for) a diverse, global team of auditors to achieve the department's objectives.
•Managed co/out-sourced internal audit activities and external professional services providers on behalf of SABIC;
•Conducted global training programs for staff to ensure staff are able to perform their roles in line with management's expectations and adherence to professional standards.
•Managed internal and external (audit firms, consultants) resources for engagement on audits and initiatives to build sustainable capability.
•Participates in developing and overseeing annual audit plan;
•Reviews work performed by audit teams and provides performance feedback as part of the department's continuous improvement process.
•Review and issue audit reports containing audit findings along with improvement recommendations to SABIC business management, including a quarterly summary report to the BAC and to the VC/CEO and an annual summary report containing an internal audit opinion of the quality and effectiveness of SABIC's system of internal and operations controls.
•Conduct special investigations at the request of the BAC, the VC/CEO or senior executives and inspect accounting and IT systems with the purpose to assess the quality of internal accounting controls;
•Establish, own and maintain the assigned audit areas' Strategic Risk Assessment plans. Risk rank auditable units (tax, treasury, procurement, supply chain, order-to-cash/commercial, netback agreements, etc.) within the Audit Universe and provide input (prioritized list of dedicated business/workprocess audits and financial audits) to the Head of Internal Audit for incorporating into the Annual Audit Plan. Ensure coverage of all high risk significant components of the Business/WorkProcess Audit Universe within the prescribed audit cycle (e.g. annually, every three years). Repeat the preceding activity for each assigned audit area (HR, Legal, etc.).
•Actively work with SABIC global groups, Affiliates and Joint Ventures to evaluate and report on areas of risks to the business;

GRUMA, SA de CV)

Financial Controller – Corporate Finance

Roermond, Netherlands

August 2008 - October 2010 (2 years and 2 months)

Manage Finance department with 3 FTE's
•Responsible for general ledger, cost accounting, treasury management, internal auditing, and budgetary and expense controls. Manage all processes for AP, AR, journal entries, accruals, reconciliations, month end close.
•Responsible for the company's financial plans and policies, its accounting practices, the conduct of its relationships with financial institutions, and the preparation of financial reports.
•Maintain the company's system of accounts and keep books and records on all company transactions and assets.
•Interpretation of financial performance and prepare the financial reporting package for the Corporate Controller and Chief Financial Officer.
•Assist in the quarterly board reporting, including balance sheet and cash flow.
•Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures (including the cost accounting system) , and analyzes / reports variances.

GRUMA, SA de CV

Senior Internal Auditor – Corporate Control

Monterrey, Nuevo Leon, Mexico

January 2008 - July 2008 (6 months)

Audit, exam and inform to the CFO and involved areas of the different companies of GRUMA about the obtained results of the handballing of the business operation ; according company's policies and procedures, observing opportunity areas or if applicable making the necessary recommendations to avoid, correct and stop them to happening in the future.

Ernst & Young - Ernst & Young Nederland

Senior Auditor – Risk Advisory Services

Monterrey, Nuevo Leon, Mexico

November 2006 - December 2007 (1 year and 1 month)

being proactive, analytical and business process oriented. Also as a senior auditor I supervise and work closely with other colleague from the same region or from different countries. Parts of my main responsibilities are listed next:
•Evaluate the effectiveness of the risk management, control and governance processes as well as the reliability of reporting information and ensuring that policies and standards are respected within our group.
•Identify issues after a business risk assessment and propose constructive and practical solutions to management.
•Apply a proactive risk focused audit approach utilizing our paperless audit automation software.
•Execution of primarily regional missions throughout the different manufacturing sites of the client, with potential for involvement in global assignments.

Affiliated Computer Services (ACS)

Global AP Service Manager – Business Process Operations

Monterrey, Nuevo Leon, Mexico

June 2004 - September 2006 (2 years and 3 months)

Manage AP department with 150 FTE's
•Develop and maintenance of local budget (actual/projected) records. Tracking ACS costs and performance.
•Preparation and initiation of contract billing; and providing supporting documentation.
•Administration of personnel records, and administrative processing of contract employees including, new hire orientation, benefit administration, security administration, training arrangements, travel/expense authorizations, salary and performance evaluations, terminations, etc.
•Basic facility administration, including space planning and allocation/moves.
•Purchasing equipment and supplies
•Conducting/compiling/making special analyses, reports and presentations of budgets, performance, forecasts, etc., as required.
•Introduction/implementation of administrative or financial control procedures.
•Participation in the introduction and implementation of overall ACS operating standards, practices, and procedures.
•Establishes internal controls and monitors activities of staff to ensure operating quality.
•Coordination of the SLAs reports, presentation and discussion with the clients; as well as analyze the workflow to ensure an efficient operation.
•Plans goals and objectives for support staff and organizes personnel accordingly, including the scheduling/assignment of staff.
•Coordination with project management to interviews selects and supervises training of new employees.

Corporativo Grupo IMSA, SA de CV

JV Financial Controller – Corporate Finance

Monterrey, Nuevo Leon, Mexico

November 2000 - September 2004 (3 years and 10 months)

Manage Finance department with 4 FTE's
•Coordination of the Board Meetings.
•Direct the financial and accounting affairs of the organization and prepare financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management.
•Responsible for general ledger, fixed assets, cost accounting, treasury management, internal auditing, and budgetary and expense controls. Manage all processes for AP, AR, journal entries, accruals, reconciliations, month end close.
•Responsible for the company's financial plans and policies, its accounting practices, the conduct of its relationships with financial institutions, the maintenance of its fiscal records, and the preparation of financial reports.
•Maintain the company's system of accounts and keep books and records on all company transactions and assets.
•Prepare reports that outline the company's financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
•Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures (including the cost accounting system) , and analyzes / reports variances.
•Responsible for tax planning and compliance with all federal, state, and local corporate, payrolls, and other applicable taxes in Mexico.

Corporativo Grupo IMSA, SA de CV

Internal Auditor – Corporate Control

Monterrey, Nuevo Leon, Mexico

July 1997 - October 2000 (3 years and 3 months)

Financial Audits.
•Operational Audits.
•Purchasing and Selling Audits.
•Participation in Joint Ventures with international companies as Emerson Electric, Valmont Industries y Johnson Controls.
•Department Certification on ISO 9000.

Education