Ian Dmello Email and Phone Number
“Champions keep playing until they get it right” ~ Billy Jeane KingFollowing this philosophy I keep on thriving to achieve the success. Introducing myself I am a results-driven Internal Audit Professional with over 16 years of extensive experience in conducting risk-based audits, auditing financial statements, and ensuring compliance with regulatory guidelines. Adept at summarizing reports for senior stakeholders, overseeing remediation plans, and conducting policy and compliance audits.In the realm of Business Strategy Planning, I excel in overcoming complex challenges, making high-stakes decisions, and establishing corporate goals. My expertise lies in developing short-term and long-term budgets, formulating business plans, and managing business restructuring and turnarounds. I have a proven track record of implementing internal controls, driving process improvements, and streamlining business operations.With a focus on Financial and Commercial Operations, I specialize in identifying and developing new revenue streams, cultivating customer relationships for repeat business, and effectively managing administrative budgets. I am skilled in monitoring budgetary spend to optimize fund utilization.Stakeholder Management is a core strength, where I maximize customer satisfaction through on-time delivery and efficient services. I lead, train, and monitor team performance to ensure efficiency in sales operations, meeting individual and group targets.In the realm of Risk Management and Compliances, I review and escalate significant issues, update Compliance Management Teams, and ensure the identification and resolution of compliance gaps. I facilitate the design, implementation, and control of system testing projects by promoting disciplined project methodologies.As an experienced Internal Audit Professional, I bring a proven track record of optimizing costs, enhancing revenue, and implementing critical controls for large corporate clients. I am skilled in developing frameworks for Boards and Committees,enhancing corporate governance, and providing leadership in forensic consultancy, including investigations against high-level management.I have a history of effective strategy implementation and providing high-quality guidance for efficient risk operations. My diverse skill set makes me a valuable asset in navigating the intricate landscape of internal auditing, strategy formulation, and operational excellence.
Ecovis Saudi Arabia (Ecovis Al Sabti)
View- Website:
- ecovisalsabti.com
- Employees:
- 43
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Business Strategy SpecialistEcovis Saudi Arabia (Ecovis Al Sabti) Jul 2024 - PresentRiyadh, Saudi ArabiaSubject Matter Expert (Business Strategy) at Saudi Telecom Company -
Postgraduate StudentNorthwestern University Nov 2022 - Mar 2024Mumbai, Maharashtra, IndiaOn a sabbatical due to family reasons from May 2023. Presently pursuing Masters in Data Science course -
Group Internal Audit ManagerTeyseer Group Of Companies Nov 2019 - Apr 2023Doha, QatarJoined organization as Manager Internal Audit Conducted a total of 46 audits annually, distributing responsibilities among a team of three members Ensured comprehensive audit coverage for 17 subsidiaries, individual companies led by a General Manager within Teyseer Group, conducting 46 audits annually with a team of three Provided training on Internal Controls and Risk identification to the General Manager, Finance Manager, and other top 15-20 executives of each of the 17 subsidiary companies at Teyseer Group Spearheaded investigations into suspected fraud committed by Senior Management, ensuring a thorough examination of potential irregularities Generated monthly Management Information System (MIS) reports, incorporating Audit alerts and summaries of audit report observations. Ensured the timely and accurate dissemination of crucial information Took the lead in training employees of subsidiary companies on topics determined by management and the Group Internal Auditor. Prepared essential documentation, including audit programs, risk registers, internal control rating documents, business strategy, and business model change documentation. Facilitated the seamless transfer of knowledge after the submission of resignations Developed presentations for the implementation of Enterprise Risk Management (ERM) and the introduction of Environmental, Social, and Governance (ESG) initiatives, demonstrating a proactive approach towards strategic initiatives Successfully spearheaded investigations against Senior Management for suspected fraud within Teyseer Group -
Director - Risk AdvisoryMorison Menon Oct 2018 - May 2019Doha, QatarPlayed a pivotal role in driving business development by generating over 70 proposals spanning various business functions Formulated a comprehensive proposal within a single day, securing a substantial project with Qatar Petroleum, now Qatar Energy. The project involved a three-year secondment of Internal Audit resources, valued at millions of dollars Received accolades from the client's CEO for developing a strategic plan aimed at increasing revenue and optimizing expenditure Demonstrated commitment to industry standards by actively ensuring the firm takes the necessary steps to register as an assessor for the "Made in Qatar" initiative Demonstrated effective sales management by achieving a QAR 2 million sales target for the year 2019 within the first three months Documented future business strategy for a family-owned conglomerate in Qatar, emphasizing areas for revenue increase and cost optimization Successfully prepared a five-year business plan for a school and a feasibility report for a greenhouse in Qatar
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Head Of FinanceOrbit Electronic And Telecommunications Mar 2016 - Apr 2017Doha, QatarReviewed draft financial statements and significantly reduced tax liabilities for the CEO along with ensuring the restructuring of the Finance departmentImplemented internal controls, uncovered excessive expenditure and identified fraudulent activities Conducted an ITGC audit for Al Salaam International, a group with 47 subsidiariesAssisted the IT subsidiary Aaroh to sell IT products
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Project ManagerProtiviti Middle East Member Firm Aug 2014 - Jan 2016DohaSupervised the audits for Barwa Real Estate Company (BREC) for the years 2014 and 2015, successfully securing a contract in 2015 that doubled the man-days from the previous year as the Project Manager Appointed as the Internal Audit Head at Al Fardan, a substantial family-owned conglomerate Ensured strict adherence to QFMA regulations for Corporate Governance during my tenure at Milaha Managed resources for the Qatalum project on a call-off basis, facilitating the execution of the audit plan Led a comprehensive project audit for the construction of a QR 300 million greenhouse for ASTAD Finalized approximately 12 business proposals, with the firm securing around 35% of them, showcasing a strong track record in proposal development and business acquisition Identified frauds, such as ghost employees, missing vehicles, and non-collection of rent for leased flats, during an audit of a real estate company in Qatar.Due to the efforts of the team the Managing Director won the Business Man of the year Award for the year in 2017.https://www.protiviti.com/qa-en/protiviti-member-firm-managing-director-andrew-north-named-business-man-year-qatar-british-business#:~:text=Protiviti%20Qatar%20managing%20director%20Andrew,contributions%20in%20the%20British%20community.Sadly, I was not there to celebrate this achievement as I resigned in January 2016. The award was my lasting legacy in the firm, being part of the team that took it to the top of the pyramid of businesses in Qatar as evidenced by the award. -
Audit Team LeadDubai Investments - A Private Equity Firm Aug 2012 - Jul 2014Green Community West, Dubai, United Arab EmiratesLed and executed pivotal processes, diligently assessed the work of teammatesFinalized and presented each audit report to the Internal Audit Manager, while also providing constructive feedback to team members post each audit Accomplished the successful completion of approximately 22 assignments within a two-year tenure, collaborated with a team of 47 members to achieve comprehensive audit objectives• Key achievements include – highlighting payment by vendor of AED 0.5 million via stake checks, where the manager joined the vendor employment; highlighting credit note fraud of AED 1 million, where the manager joined the vendor employment; Material difference in the measurement of milk by 2 flow meters on the same pipeline not resolved by calibration. Some of these observations were not highlighted by the previous audit team.Later on, while working in another firm, received a complaint from a Sr. Manager of a vendor firm providing services to the group that he had visited a dance bar with a manager of Dubai Investments, however he had to pay all the bills for the services received at the dance bar. Highlighted this conflict of Interest to the Head of Department via WhatsApp. Lack of information on action taken. Turning whistleblower in the interest of the group which may not have been the best decision for my career.
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Assistant ManagerProtiviti Middle East Member Firm Jul 2010 - Jul 2012Abu Dhabi, Abu Dhabi, United Arab EmiratesFormulated an extensive three-year audit plan and carried out audits for the Department of Transport and TransAD in Abu Dhabi In the course of audits, brought attention to contracts signed with relatives of the Director, highlighting significant payments (in AED millions) made despite the absence of services. Also, identified instances of payments to a road contractor despite complaints from engineers regarding road quality Led a team at Emirates Aluminium (EMAL) and conducted audits for Saudi American Glass, a subsidiary of Dubai Investments Played a pivotal role in the process reengineering and development of policies and procedures for NDC, a subsidiary of ADNOC Highlighted contracts signed with relatives of the Director, and payments in the millions made despite a lack of service, and payments made to a road contractor despite complaints from Engineers about road quality during an audit of a government department in the UAE Exposed ghost employees and revealed the salaries being paid to the HR manager in a glass company during an audit in Abu Dhabi -
Senior ConsultantKpmg Mar 2007 - Jun 2010Mumbai, Maharashtra, IndiaHeaded teams overseeing the implementation of SOX compliance in Balco, SiiL, HZL, VAL, and Sterlite Power, ensuring robust internal controls and regulatory adherence Conducted audits at ACCL, ACCCL, and CABOT, specifically focusing on fraud detection and prevention, contributing to enhanced risk management practices Earned client commendation for the comprehensive review reports delivered during the audit at ACC Cements, showcasing a commitment to delivering high-quality and impactful assessments Successfully implemented Corporate Governance frameworks at SiiL and its subsidiaries, fostering transparency, accountability, and ethical business practices across the organization Ensured SOX compliance for an aluminum company with a turnover of Rs 6,000 crore in its first year and led a team of local outsourced resources to achieve compliance -
ExecutiveAneja Associates Apr 2006 - Mar 2007Mumbai, Maharashtra, IndiaUncovered and documented land fraud in a large power company in India, where land owned or purchased by the company was not recorded in the government records, valued at nearly INR 2,000 crore.
Ian Dmello Skills
Ian Dmello Education Details
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Chartered Accountant, India -
The Chartered Institute Of Management AccountantsAccounting And Business/Management -
General Management -
Accounting And Finance -
IsacaCertified Information Systems Auditor, Usa -
Accounting And Finance -
Certified Internal Auditor
Frequently Asked Questions about Ian Dmello
What company does Ian Dmello work for?
Ian Dmello works for Ecovis Saudi Arabia (Ecovis Al Sabti)
What is Ian Dmello's role at the current company?
Ian Dmello's current role is Senior Advisor (Ecovis) - Finance Expert iot2 / Strategy Expert stc.
What schools did Ian Dmello attend?
Ian Dmello attended The Institute Of Chartered Accountants Of India, The Chartered Institute Of Management Accountants, Indian Institute Of Management Ahmedabad, Certified Public Accountant (Cpa), Isaca, Narsee Monjee College Of Commerce And Economics, Iia-The Institute Of Internal Auditors.
What skills is Ian Dmello known for?
Ian Dmello has skills like Business Analysis, Financial Modeling, Management, Team Management, Risk Management, Corporate Finance.
Who are Ian Dmello's colleagues?
Ian Dmello's colleagues are Abdul Wahab, Zia Ullah, Shahmir Haider, Sohaib Iqbal, Acpa, Ata, Caf, Socpa, Ibrahim Al-Shaifani, Sadaqat Hussain, Muhammad Ali Khan.
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