Director Of Internal Audit
Jinnah Sindh Medical University
مجموع سنوات الخبرة :21 years, 3 أشهر
Key role is to ensure that the Organization’s strategies and operations are align with their established plans and policies.
• Leading, supervising and monitoring the entire activities related to the audit department.
• Managing a team of more than ten (10) professionals that include MBAs, ACCAs, CMAs and commerce graduates.
- Member Anomaly Committee
- Member Financial Aid Committee
- Member Medical Expense Committee
- Member Employees Award Committee
- Member Senate Body
- Member Dynamics 365 ERP Implementation Committee
Heading Internal Audit function & Secretary Internal Audit Committee. Direct reporting to the CEO, Audit Committee and sponsors.
Responsibilities:
• Plan and carry out and on occasions lead risk driven audit assignments on a functional or area basis as per approved Annual Audit Plan.
• Discuss audit findings with responsible senior management focusing particularly on areas of business risk, control weakness and operational efficiency enhancements.
• The preparation and agreement of summary reports of audit findings and recommendations.
• To undertake follow up audits of significant recommendations to ascertain whether improvement actions have been implemented.
• Provide leadership, insight and proactive control advice to management and stakeholders on existing weaknesses in controls and emerging threats to the business by participating in the planning and execution of internal audits.
• Provide adhoc investigation and advisory risk and control services to operational management as required.
• Keep up to date with business developments (including acquisitions, new systems, new products and services etc.) with emphasis on your key ‘Area’ and any ‘Functional’ responsibilities.
Key Achievements:
- Establishment & formalization of internal audit department by preparing company's first Internal Audit Charter, Annual Risk Assessment & Risk Categorization, Audit Universe and Internal Audit SOPs.
- Delegation of Financial & Administrative Authority Document:
A document was prepared to cover the Financial and Administrative Power Matrix covering all the areas of the company as well as procedures for ensuring financial and control discipline.
- Due Diligence:
Played a key role during the Due Diligence exercise for successful JV agreement.
Perform internal audits covering financial and operational aspects of processes and departments throughout the Company (Head Office, Plants, other operational areas and International Projects).
Responsibilities:
• Planning and performing operational and financial audits.
• Assist Manager and HoD in determining internal audit scope and developing annual plans.
• Developing testing methodologies to evaluate the adequacy of controls.
• Documenting the results of the evaluations.
• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
• Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc.
• Prepare and present reports that reflect audit’s results and document process.
• Act as an objective source of independent advice to ensure validity, legality and goal achievement.
• Identify business process risks.
• Identify loopholes and recommend risk aversion measures and cost savings.
• Maintain open communication with management.
• Document process and prepare audit findings memorandum.
• Conduct follow up audits to monitor management’s interventions.
• Maintain continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards.
Seconded to Moçambique (Africa) for three (3) months by Lucky Cement Limited for Financial Audit of Cimento Nacional, Lda and its two other subsidiaries:
* Trading Nacional Lda
* Logistics Nacional Lda
Key skills acquired during Secondment:
- Enhanced cultural awareness and sensitivity to customs.
- Increased confidence, initiative, and independence.
- Tolerance, sensitivity, listening and observing skills.
- Awareness of global economic and political issues and realities.
- General travel skills.
- Foreign language proficiency (Portuguese - Pre Beginner level)
Competed four (4) years of Article ship as required by the by laws of Institute of Chartered Accountants of Pakistan.
Perform and supervise External & Internal Audits of different clients (listed and non listed). Lead a team of more than 6 professional that included CAs, ACCAs and CIAs.
Actively engaged with the Memon Welfare Society. Provided valuable Services relating to the Management and Administration of The Memon Welfare Library & Study centers.
CPA - Member
Associate Certified Public Accountant