Plan and establish a risk based Internal Audit Program for Financial audit of accounting records, systems, operations, internal controls, financial and non-financial information throughout the Group including review of compliance with group’s policies & procedures.
Plan and carry out operational audits of all functions to identify control and process improvement areas.
To develop computer audit capability and competency within the corporate audit team and carry out appropriate computer auditing programmes.
- IFRS (International Financial Reporting Standards)/IAS (International Accounting Standards)/ compliance
Review Group’s accounting policies & procedures to ensure that these are in line with IFRS/IAS & recommend improvements.
- Audit Findings / Observations
Discuss audit findings/observations and issues with line and senior managers along with recommendations for their response, person responsible & date for implementation of agreed recommendations.
Report the audit findings, recommendations, Management response to the concerned GMs, CFO and Board of Directors for their information and/or follow up action.
To establish an audit and risk committee for Group.
- ERP (Enterprise Resource Planning) or Computer based System
Participate in the planning, design, development, implementation and operation of computer based systems to ensure adequate controls are incorporated in the system.
Lead the roll-out, training and adoption of best practice risk management across Group.
- Waste and efficiency reviews
To carry out waste and efficiency reviews to support the business units in their attempts to deliver operational savings.
Lead Internal investigation into areas of fraud, weakness or potential malpractices.
To audit significant projects to ensure that Group project management requirements have been complied with
Lead, Coach, motivate, develop, manage & guide internal audit team to achieve agreed targets within the budgeted time & enhancement of their career development.
To act as a full participating member of the Group Finance Board contributing to the development and implementation of the finance strategy and operating model..