Ribhi Bashiti, CIA, MBA
AMMAN, JORDAN (962-7) 90842811, rbashiti@hotmail.com
BACKGROUND
Internal audit professional with over 12-years of experience, nine of which revolved
around leadership roles in internal auditing and risk management across an array of
multinational and regional corporations operating in automotive, manufacturing,
healthcare and trade.
Currently managing the Corporate Internal Audit & Compliance function at a 30-company
conglomerate with over 4,700 employees, serving over 20 markets worldwide.
Professional knowledge and practice of international standards for internal audit conducts
and governance practices, with a record of accomplishment in strategic development and
reengineering of audit operations and corporate compliance.
Technical and business acumen in finance and information systems, operational and
regulatory auditing, business process evaluation and design, ERP system implementation,
and fraud investigations.
FOOTPRINTS
Designed, endorsed and implemented a “continuous audit” model of practice via bespoke
technology platforms, which helped shift workflows from limited cyclical reviews to
continuous, broader, efficient and more proactive practices, adopted across automotive,
manufacturing and trade.
Utilized ACL (Audit Command Language) to offer guidance to audit teams to develop
continuous monitoring and audit programs powered by automated scripts, which resulted
in considerable savings and optimized audit operations.
Participated in developing corporate ethics programs and code of conduct manuals on par
with international standards and best practices.
Served on the Executive Ethics Committee responsible for fraud and ethical investigations.
Promoted corporate governance, internal controls and ethical practices and provided
training and awareness on ethics programs and code of conduct manuals.
Developed and managed compliance functions that provided continuous assurance on
compliance and adherence to Group policies and procedures across all business units.
Provided assessments and evaluations to senior management regarding newly
implemented ERP systems such as Oracle Financials and iScala. Evaluations consisted of
providing an opinion on data completeness, validity and accuracy, correctness of system
outputs, and adequacy of system controls.
Played a major role in acquisitions; performing financial due diligence, confirming all
material facts presented. Provided assurance on the financial numbers presented to
management and flagged material facts that could have an impact on management
decisions
Established comprehensive policies and procedures for the internal audit function to serve
as a guide and standard for audit staff when carrying out their duties.
Provided regular assessments to the Group risk management function.
Managed fraud investigations across MENA.
Developed synergies and confidence across senior management and the Board of
Directors by demonstrating audit and internal controls ROIs.
Ribhi Bashiti, CIA, MBA
AMMAN, JORDAN (962-7) 90842811, rbashiti@hotmail.com
Developed Risk Assessment models that channelled audit resources towards high-risk
areas, shifting internal audit planning to a risk-based approach.
Designed metrics to evaluate and test internal controls and provide grading scales for
evaluating audit reports.
SKILLS
EXPERIENCE
Self-learner. Trend spotter. Broad knowledge and usage of technology in auditing and risk
management. Managing multiple projects to completion. Flexible, resilient. Copes with fast
changing & challenging environments. Excellent communicator. Ability to lead multicultural
teams. Strategist. Governance evangelist. Knowledge using Oracle financials
Nuqul Group
Group Internal Audit Manager, 2007 – Current
A Jordan based conglomerate of 30 companies and a market leader in manufacturing a wide
range of products including hygienic tissue paper, non-woven fabrics, processed meats,
aluminium profiles, ready-mix concrete, plastic pipes, stationary, and printed packaging
materials. In addition to manufacturing, Nuqul Group is the sole distributor of luxury cars
Audi, Porsche, Volkswagen, Lamborghini and Skoda, MAN heavy trucks and buses and
Hitachi Construction Machines
Main Duties:
 Prepare long-term audit vision & strategy, and a comprehensive audit plan covering
all company activities and business units, prioritizing the audit assignments based on a
risk assessment
 Ensure proper allocation of audit resources to achieve timely execution of the audit
plan
 Day to day management of the internal audit and compliance function and
supervision of an eight man team
 Manage the compliance function to ensure that the Group is in compliance with all
procedures and standards in order to maintain its certifications
 Deliver technical advice to all levels of management and provide opinion on new
procedures and systems to ensure adequacy of internal controls
 Promote high levels of ethical awareness and conduct within the company. Respond
to, and investigate allegations of fraud and other financial wrongdoing including those
received through the corporate whistle-blower program. Notify senior management
and the audit committee of the findings
 Coordinate audit activities with external auditors to ensure proper audit coverage and
eliminate duplication of effort
 Manage, recruit and develop a professional audit staff with sufficient knowledge,
skills, and experience to meet the Group’s audit requirements and proper execution
of the audit plan
 Endorse engagement audit programs and budgeted hours
Nuqul Group
Ribhi Bashiti, CIA, MBA
AMMAN, JORDAN (962-7) 90842811, rbashiti@hotmail.com
Audit Section Head, 2006-2007
Aqaba Development Corporation
Senior Internal Auditor, 2005 – 2006
A private sector corporation aimed to develop and manage strategic assets in the city of
Aqaba such as the port of Aqaba, King Hussein international airport and strategic parcels of
land.
Genesis Healthcare Corp
Pennsylvania, USA, Internal Auditor, 2003- 2005
The second biggest healthcare provider for the elderly in the United States, providing
inpatient services through 211 nursing and assisted living centres and other complementary
service capabilities.
Genesis Healthcare Corp
Pennsylvania, USA, Accountant, 2000- 2003
TRAINING
Successfully Investigation and Fraud Prevention 2008
Coaching on Leadership 2012
DISC profiling 2012
Change Management 2012
105 ACL Training 2012 (version 9.2)
101 ACL Training 2015 (version 11)
MEMBERSHIPS
Member of the Institute of Internal Auditors 2008
Member of the Association of Certified Fraud Examiners 2015
EDUCATION
Bachelor’s Degree in Economics and Business Administration (1999), University of Jordan
MBA, with concentration on Financial Management, Goldey-Beacom College-Delaware, USA
(2000)
Certified Internal Auditor (CIA) - The Institute of Internal Auditors (2015)