Description:
- Defining the annual, monthly and weekly/ audit plan for the group companies, assign audit duty to staff.
- Supervise, direct, counsel, assistant auditors in executing the audit plan and review their work accuracy.
- Identify areas of risk within each business of group and prepare risk register.
- Develop standard operating procedures of the audit function and bring in the world call practices.
- Identify key risk and control indicators
- Carry on investigative audits as directed by Management.
- Evaluate and revise internal controls / operational practices / management policies/procedures from time to time.
- Ensure all the supporting documents (other records as required by management) are maintained at branch level.
- Reviewing / Taking confirmation of Debtors and identifying the potential risk/Bad Debts and alert the management well in advance.
- Periodical stock taking / perpetual stock taking at all branches.
- Analyses the operation and financial data and identify the risk, investigating fraud via a fraud risk assessment that uses fraud deterrence principles.
- To present audit reports / MIS periodically and as per requirement of management
- Ensure the operations are carried out as per the operating guideline set by management, identify operational risks and make recommendations to manage risks.