Internal Audit Executive, Tanveer Group of Companies
Tanveer Group of Companies
Lahore, Pakistan
1d ago

We are hiring for an Internal Audit Executive

  • Identification of risk universe and developing internal audit plan / strategy as per audit techniques to gauge the impact of risks.
  • Continuously developing and updating the internal audit plan / strategy for areas of significance
  • Design and implementation of the audit techniques for area needs to be audited enough to identify the gaps and misappropriations.
  • Updating and compiling the TO DO LIST on the instruction of CEO to prepare a database of different activities and tasks to be conducted at mills site.
  • Ensuring compliance to company policies, procedures, standard operating procedures and to underlying controls at mills and HO.
  • Identification of control weaknesses in the internal control environment at mills and to make appropriate recommendations for betterment.
  • Monitoring and supervising the daily pre and post audit for all party payments and bank receipts and notifying the found issues / queries to relevant HOD.
  • Guiding and dictating the Internal Audit team to ensure that the tasks are performed in effective and efficient manner as per the underlying policies and procedures.
  • Verifying and approving yarn sales contract in yarn system.
  • Supervising the advance payment registers monitoring activity for both mills and notifying the Chairman / CEO for lags in updating the register.
  • Supervising the amount of cash reimbursement to cash imprest account for HO of both mills along with related expenses and attached invoices for accuracy.
  • Supervising the store party payments to ensure that the payments are made on time and the company policy is being followed.
  • Submitting monthly reconciliation reports (Stock to production and summary of operations) to chairman and CEO for yarn stock and operations.
  • Executing and supervising monthly visits to mills site for process count, cash count, stock count of store inventory, raw material count, weighment of raw material bales, rechecking moisture of cotton bales, stock count of fair price shop, to conduct walk in reviews, sub store stock count.
  • Sharing findings with DDC during the mill visit as per the instruction of Chairman particularly for cash impress management and regarding fair price shop.
  • Conducting special assignments like complete stock count for store inventory and submission of report, verification of calibration for scales, machines and lab instruments.
  • Supervising the duplication of inventory codes and to share that with store In charge on the instruction of CEO.
  • Liaising with departmental HOD at mills for data collection regarding record management, repair and maintenance schedules, duplication of inventory codes and for any other task assignment assigned by the CEO.
  • Tax reconciliations and payment verification into UT bank account on the instruction of Chairman.
  • Any other task / activity assigned by the Manager / Chairman / CEO

    Job Requirements :

  • Must be qualified CA Inter / ACCA qualified
  • 3 years Article ship from Audit firm e.g : PWC AF Ferguson, KPMG, EY Ford, Deloitte, Hussain ch or any other
  • Must have SAP or Oracle experience
  • Functional consultant from PWC would be preferred
  • Education : Certification

    Degree Title : CA Inter / ACCA Qualified

    Career Level : Entry Level

    Experience : Fresh

    Apply By Date : Mar 31, 2021

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