Adil Nariman ACA, CPA, CISA
Managing Director
Adil is an Internal Audit and Risk Management professional with significant experience at senior levels in Internal Audit, Risk Management and Anti-money Laundering compliance.
With audit, accounting and IT qualifications and experience, Adil’s particular strengths are in leading and managing internal audit and operational control functions. Core skills that Adil possesses are in the areas of Risk Management, Internal Audit (financial, operational, regulatory and IT), Management Consulting, Corporate Governance, Controls Assurance and Process and Product reviews. These skills, capabilities and strengths have been developed over an extensive career spanning more than 40 years. Over 30 of these has been in internal audit and risk management roles at multinational organisations in the financial services (9 years), mining and manufacturing (9 years) and service and government sectors (15 years).
Since 2007, Adil has been significantly involved in risk management and internal audit services for various NSW Government State Owned Corporations, Agencies and Departments and 7 NSW Local Government Areas. These include Ports, Planning, Environment, Parks, Insurance, Transport (Buses, Trains, Maritime) and Health.
His exposure to financial services has included the insurance, corporate superannuation, corporate/retail banking, financial market operations, margin/retail/corporate lending, private investment and funds management areas at a major Australian financial services institution.
Some of Narcons' and Adil's key projects and achievements have included:
Managing Director
Adil is an Internal Audit and Risk Management professional with significant experience at senior levels in Internal Audit, Risk Management and Anti-money Laundering compliance.
With audit, accounting and IT qualifications and experience, Adil’s particular strengths are in leading and managing internal audit and operational control functions. Core skills that Adil possesses are in the areas of Risk Management, Internal Audit (financial, operational, regulatory and IT), Management Consulting, Corporate Governance, Controls Assurance and Process and Product reviews. These skills, capabilities and strengths have been developed over an extensive career spanning more than 40 years. Over 30 of these has been in internal audit and risk management roles at multinational organisations in the financial services (9 years), mining and manufacturing (9 years) and service and government sectors (15 years).
Since 2007, Adil has been significantly involved in risk management and internal audit services for various NSW Government State Owned Corporations, Agencies and Departments and 7 NSW Local Government Areas. These include Ports, Planning, Environment, Parks, Insurance, Transport (Buses, Trains, Maritime) and Health.
His exposure to financial services has included the insurance, corporate superannuation, corporate/retail banking, financial market operations, margin/retail/corporate lending, private investment and funds management areas at a major Australian financial services institution.
Some of Narcons' and Adil's key projects and achievements have included:
- Planning and implementing compliance processes for a key financial services related legislation.
- Implementing operational and compliance risk management processes and programs at a financial services organisation and a services organisation
- Implementing a Quality Assurance process.
- Enhancing and streamlining a significant process that reduced completion time by 40%.
- Fraud risk assessments at a State Owned Corporation and a large local government organisation.
- Completing an investigation that resulted in a significant recoupment of revenue
- Developing an innovative risk and control map for an overseas financial services operation. This resulted in management obtaining an improved understanding of operational and compliance risks within their product processes.
- Completing risk assessments to define key areas of focus and delivering risk based audit plans resulting in a focused value added audit approach.
- Successfully completing innumerable internal audit and risk management projects resulting in improvements to business processes, treatment of control exposures and minimisation of business risks.
- Internal audit and risk management projects specific to LGAs include Risk Management Framework Reviews, Enterprise Risk Assessments, Fraud Risk Reviews, Fleet and Plant Management, Inventory Management, Waste Services, Development and Planning including VPAs, Contract Management, Cash Handling, Complaints, Grants, Work Cover Claims Management and Drives Compliance audits.
- Specific NSW Government Agency and Department projects include the ongoing Levy Collection and Refund Review for the NSW CTP Scheme at all licensees, Compliance Management, Contract Management, Procurement, Tendering and Accounts Payable, Asset Management, Treasury Management, Financial Audits of Grants, Fraud Risk Management, Enterprise Risk Assessment and Management and Payroll,