Assistant Manager Internal Audit
Engro Foods Limited Pakistan
Total years of experience :22 years, 3 Months
• Review of internal control system & Risk Management
• Audit Programs development( Risk assessment/Tests plan /Sampling)
• Conduct pre audit for payments
• Operational & Financial audits
• Audit Reports Writing ( Audit findings, Exposures, Recommendations)
• Business Practices review
• SAP(ERP) Business Blue Prints review
• ISO Implantation’s SOPs review
• Fraud Related Investigations
• HR Recruitment & Selection Process review
• Material Management/ Warehouse Operations review
• Procurement Process review
• Admin Services & Plant gate Controls review
• Inbound & Outbound Logistics Operations review
• PKR 4 Billions’ annual procurement of Raw Materials, Packaging
Materials, Machines, Vehicles, Equipments & Spare Parts
• Zero down time due to unavailability of materials at processing plants
• Procurement for all divisions & all projects of the company
• Vendors Relationship Management
• VMI - ( Vendor Managed Inventory )
• Procurement Life Cycle
• Close liaison with Planning department for production planning
requirements and their timely availability
• Close liaison with Warehouse department for non productive items
• Implementation & training of ERP -SAP MM ( Material Management )
Module to purchase & warehouse team in ice cream business
• Key role player in SAP (MM) module scratch to go-live process
• Procurement for Engro - UNDP( United Nation Development Project)
( CELDAC )
• Procurement planning on Pareto principle ( 80/20 rule )
• Periodical reports to management
• To lead accounts & finance department, purchasing & administration
affairs
• Dealing with Banks and financial institutions.
• Advise and support the Chief Executive Director on financial and
administrative matters;
• Ensure compliance with financial policies, procedures, rules and
regulations.
• Ensure transparent and efficient utilization of financial resources;
• Provide regular and ad hoc financial information to Chief Executive
Director & Board to support informed financial decision making;
• Participate in preparing the budgets, budget implementation, monitoring
• Monitor and advise the Chief Executive Director on the financial status of
projects and programs (including pending and approved budgets; Grants
confirmed but not yet available for expenditure; funds available for
expenditure and funds already expended);
• Propose, develop and implement financial policies and procedures;
• Set up proper accounting procedures and systems, internal controls to
ensure that proper monitoring mechanisms are in place; Identify
weaknesses and address them immediately;
• Ensure that bank reconciliations for all accounts are regularly performed
and regularly reviewed by designated officials;
• Ensure that disbursements are made based on proper authorizations
and supported by legitimate and sufficient documentation;
• Ensure proper maintenance of vendor accounts and timely clearance of
outstanding advances and other receivables;
• Coordinate financial closure for entrusted projects & grants accounts;
Respond to audit queries and follow up on audit recommendations;
• Ensure efficient local banking arrangements and compliance with local
financial and banking regulations;
• Ensure integrity and consistency of data in financial and accounting
systems;