Sally Salama, Cpa, Cia
About Sally Salama, Cpa, Cia
Sally Salama is a Manager of Internal Controls at Genesis Land Development Corp., where she has implemented significant automated and manual controls. With a background in auditing and compliance, she has achieved notable cost savings and efficiency improvements throughout her career.
Work at Genesis Land Development Corp
Sally Salama has served as the Manager of Internal Controls at Genesis Land Development Corp since 2010. In this role, she has played a pivotal part in the implementation of a new ERP system, establishing both automated and manual controls. She has also introduced a quarterly sub-certification process to assist the CEO and CFO with their quarterly certifications. Salama has implemented segregation of duties to enhance transparency and strengthen anti-fraud controls. Additionally, she was appointed as Compliance Officer, where she developed a Compliance Program to ensure adherence to FINTRAC regulations.
Education and Expertise
Sally Salama holds a Bachelor Degree in Accounting from Copperbelt University in Kitwe, Zambia, which she completed from 1992 to 1995. She furthered her education by achieving the Certified Public Accountant (CPA) designation from the State of Illinois, studying from 1997 to 2000. Additionally, she earned the Certified Internal Auditor (CIA) designation from the Institute of Internal Auditors in 2003. Her educational background provides her with a strong foundation in accounting and finance, which she has applied throughout her career.
Background
Sally Salama began her career in Cairo, Egypt, where she worked as a Senior Accountant at BDO from 2000 to 2003, followed by a position at KPMG as a Senior Accountant from 2005 to 2006. She then transitioned to a role as a Senior Auditor at Deloitte from 2004 to 2005. After moving to Canada, she worked as a Senior Internal Auditor at ATCO Group from 2006 to 2010 before joining Genesis Land Development Corp. Her diverse experience across various firms has equipped her with extensive knowledge in internal controls and auditing.
Achievements
During her tenure at Genesis, Sally Salama has achieved significant cost savings by implementing a controls-based audit approach, which reduced audit fees by $1.4 million over five years. She has also coordinated SOX compliance for over 50 processes at KPMG, managing a team of 10 auditors. At ATCO, she planned and executed 35 operational and financial audits using a Risk-Based Approach, which improved business unit efficiency. Her contributions have had a measurable impact on the organizations she has worked with.