Asst Manager Internal Audit
EMPOWER Energy Solutions
Total des années d'expérience :14 years, 7 Mois
• Preparation of Scope for the Audit as per the Annual Audit Plan
• Preparation of Audit Programs of processes such as Warehouse Management, Accounts Payables, Accounts Receivables, VAT etc.
• Checking compliance with Information Security Regulations (ISR) for the company i.e. ISR Domain 7 Business Continuity Planning
• Execution of Audit Programs
• Testing efficiency and effectiveness of internal controls
• Reviewing the design of the internal controls
• Maintenance of Working Papers as per IIA standards
• Drafting of executive summary and Internal Audit Report
• Conducting closing meeting with the auditee to discuss the findings
• Finalization of Audit Report
• Maintenance of risk registers and prioritizing the risks
• Preparation of Audit Programs of processes such as revenue, inventory, purchasing and ordering, finance payables and receivables, Intercompany reconciliations.
• Execution of Audit Programs
• Performing Data Analytics using ACL/Arbutus/Tableaue
• Testing efficiency and effectiveness of internal controls
• Reviewing the design of the internal controls
• Maintenance of Working Papers as per IIA standards
• Drafting of executive summary and Internal Audit Report
• Conducting Inventory checks on random basis
• Conducting closing meeting with the auditee to discuss the findings
• Closing all review points by the HOD audit.
• Audit planning - developing risk based internal audit plans/programs.
• Review of entity and process level controls under the COSO framework of internal controls,
• Review of policies and procedures manuals, and compliance of applicable regulatory framework.
• Review of the reliability of financial information and comment on overall financial position.
• Review of governance and risk management processes.
• Drafting internal audit reports.
• Audit planning - developing risk based internal audit plans/programs.
• Review of entity and process level controls under the COSO framework of internal controls,
• Review of policies and procedures manuals, and compliance of applicable regulatory framework.
• Review of the reliability of financial information and comment on overall financial position.
• Review of governance and risk management processes.
• Drafting internal audit reports
• Preparation of policies and procedures for all business processes. i.e. Finance, Sales, Payroll, Procurement, Inventory Management etc
• Identification of internal control weaknesses and giving recommendation
• Suggesting improvements in business process to add value to the process.
• Re-engineering the process as to improve internal control and efficiency of the process
• Strategic audit planning - developing risk based internal audit plans/programs.
• Review of entity and process level controls under the COSO framework of internal controls,
• Review of policies and procedures manuals, and compliance of applicable regulatory framework.
• Review of the reliability of financial information and comment on overall financial position.
• Review of governance and risk management processes.
• Draft Audit programs and perform tests of control accordingly.
• Identify key risks in the processes.
• Identify the existing control over the process and suggested possible control in case of gap.
• Review policies and procedural manual and identify the gaps between current practice and policies and procedural manual.
• Use of Internal Audit pack of Audit System/2 for evaluation of client and risk assessment of project to internal audit report building.
• Drafting internal audit reports.
• Conducting physical stock counts on periodic basis
Key responsibilities as Internal Auditor:
Ensuring compliance to standard operating procedures.
Risk assessment of the division.
Safe guarding of assets.
Ensuring effective utilization of resources in the division.
Measuring performance of divisions.
Variance reporting on material and labor.
Verifying and rectifying errors in records.
Presenting performance measurement reports to CEO.
CIA Certified