The candidate must be:
a) Member of a reorganized body of professional accountants; of
b) Certified internal auditor; or
c) Certified fraud examiner; or
d) Certified internal control auditor; or
e) Person holding a master degree in finance from a university recognized by the Higher Education Commission.
Minimum 7 years relevant experience of internal auditing in a reputed organization. Knowledge about audit related best practices. Judgment and Decision Making, Considering the relative costs and benefits of potential actions to choose the most appropriate one. Time Management, executing tasks on time. Writing and communicating effectively in appropriate for the needs of the audience. Public sector company exposure/experience would be preferred.
Board of Director/Audit Committee
Lead and supervise the internal audit functions of the Company.
Responsible to establish the Internal Audit functions including development of audit policies, procedures, and internal controls guidelines for smooth working of company’s operations.
Develop and implement the procedure for internal auditing the business process, application systems, and general controls for departments being audited.
Develop and conduct financial compliance and functional audits to determine the reliability and effectiveness of process and control systems.
Ensure that pre audit and post audit is performed as per work plans and SOPs.
Conducting special assignments/forensic audits as per direction of Board of Directors /Audit Committee.
Preparing the reports of audit engagements being performed including the observation regarding lack/week controls, non-compliance and recommendations for corrective and preventive measures.
Prepare details work sheets and carry out periodic physical inspections of workshops, store, inventory and fixed assets of the company.
Identify loopholes and recommend risk aversion measures and cost savings.
Suggest and recommend Board of Directors /Audit Committee to take necessary actions on audit and finding and observation.
Inspect and analyze books, records, ledgers, journals, invoices, approvals, income tax reports, and other pertinent information during course of audit review.
Monthly post audit of all administrative and accounting matters including system of budgeting, authorization, bank payments, cash payments. Receipts, operations, expenses and bills payments etc.
Developing recommendations and reports based on audits and presenting these ideas to Board of Directors /Audit Committee to improve the efficiency of company’s functional operations.
Developing knowledge if junior team member and helping them in resolving issues and guiding them during the audit phase.
Timely review of all the departmental annul business plans and budgets.
Ensure and strictly compliance that all the working departmental policies, Sop’s, guidelines, formats and revisions are stamp by audited controlled documents.
Develop audit department annual budget and ensure that actual expenditure is within the allocated budgets.
Review key performance indicators of all departmental employees and suggests recommendation and improvements.
Review and submissions of periodic audit reports as demanded/concerned.
Perform any other duty assigned by Board of Directors /Audit Committee.