Internal Audit Officer
Almoiz Industries Limited
مجموع سنوات الخبرة :10 years, 1 أشهر
• Participation in system designing, internal controls & audit checks; reporting to head of internal audit on identified weaknesses along with suggested improvements in systems / internal controls.
• Routine audit of Cash Payments, Bank Payments & Journal Vouchers, Bank Reconciliation Statement, Monthly Salary, Bonus Audit & other assigned areas to ensure operating effectiveness of designed internal controls.
• Conduct analysis of Financial Statements at the end of each quarter & year.
• Undertake Purchase Order \[PO\] Audit; identified/observed risk areas and recommend robust internal control system to minimize risk, fraud & abuse. Moreover, design overall control system to prevent, detect & correct error and fraud.
• Executive annual 100% stock taking of all sites; observed physical differences in floor to book records.
• Undertake overall accounts activities like Sales Module, Receivable, Payable, Salary, Petty Cash and Tax.
• Prepare monthly budget to undertake Mystery Shopping Activities and other areas of expenses
• Control all expenses according to approved budget
• Prepare the variance analysis report every month and find out the loopholes in varied areas
• I performed micro assessment for UNICEF.I delivered these performance objectives in order to complete assessment, such as:
Conducted enquiries from management regarding multiple areas e.g. HR, Procurement, Accounts and Finance etc.
Verified and tested the systems with policy manual, and report the gap between selected and applicable system.
Assisted the seniors in multiple tasks such as coordinating with client, maintaining files of corroborative evidences.
• I also worked for PESRP (Punjab Education Sector Reforms Programme). My contribution was to:
Provided number of presentations on NSB programme, its purposes, how to utilise the fund and handling the queries from audience.
Organised the seating and meal arrangement.
• I did “Business and Financial Analysis” and “Market assessment”. I independently prepared many feasibility studies. My contribution toward the preparation of feasibility studies was to:
Conduct desktop research and business analysis such as “PESTLE, Portal Five Forces, SWOT and Value Chain Analysis” for the concerned businesses.
Prepare projected accounts and financial analysis such as Ratio Analysis, Investment screening (NPV, Payback, IRR, MIRR and Foreign NPV), Sensitivity Analysis and Breakeven Analysis.
• I also performed “Pledge Inspections”, “Stock Inspections” and “Operation Continuation visits” of different client such as “Nishat Power Ltd.”, “Kamalia Sugar Mills”, “Saif Power Ltd.”etc. on the behalf of Dubai Islamic Bank. I also handled the accounts of Chemical House (Pvt.) Ltd. on QuickBooks.