Head of Internal Audit Department
Panther Tyres Ltd (Formerly Mian Tyre & Rubber Company Ltd)
Total des années d'expérience :17 years, 8 Mois
I) Design, Structure and Implementation
Administrative reporting to CEO and functional reporting to Managing Director as per the Internal Audit Charter
Design and implementation of Audit SOPs on the basis of risk assessment, covering major organizational processes
Providing assurance on the adequacy and effectiveness of internal control systems
Incorporating modern audit approach in audit documentation including workflows, audit programs, checklists and standard formats
Initiation of of the Risk Assessment Plan and Internal Audit Manual
II) Audit Engagements
Conducting risk-based audits for Imported material, Export Sales, Warehousing, Sales and distribution setup, Human Resource, Accounting and Finance, Supply chain and Information Technology
Performing audits as per the audit plan to ensure coverage of all departments
III) Compliance and Review
Review of Management, Financial and Information technology systems
Verification of compliance with SOPs during factory and head office audits
Scrutinizing existing internal control system, identifying breaches and suggesting remedial actions
IV) Special Assignments
Performing special assignments/investigations given by the CEO and Managing Director
Incorporating Management feedback regarding high risk areas into Audit Plan
•To carry out regular risk assessment across the organization, conduct risk assessment meetings with concerned departments and prioritizing risk to plan accordingly.
•To analyse previous audit plan, identify new needs based on risk assessment and draft a new plan for audit committee review.
•To review internal control systems, identifying weaknesses therein and making recommendations to fill the gap.
•To recommend new procedure, to achieve operational efficiencies and where existing procedure is not ensuring sound controls.
•To plan and execute audit of a charity trust ’SMAT’, and compliance with budgetary plan of UNICEF project.
Preparation of running bills for work done on different sites
Assist management in accepting/rejecting a new project by providing tem detail evaluation of project. Evaluation includes discounted cash flows of projects.
Preparation of Bank reconciliation statement
Preparation of project wise Profit/Loss statement
Maintaining record for payment receipts against area sold in own projects
CIA is a specialized certification in Internal Auditing. The IIA (Institute of Internal Auditors -US
ACCA is UK based well known Chartered body of Accountants. I am a Member of ACCA since December, 201
