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Key Duties Performed:

Internal Controls & Policies - Design and ensure that sound and effective internal controls are in place to overcome the risk of errors and misstatement. Drafting and implementation of Policies within the company to streamline the internal process in an effective way.
Compliance with Internal & External Regulations - To ensure that internal Policies of company are being adhered and any applicable external laws are being followed.
Internal Audit Plan & Execution - Preparation of Internal Audit Plan based on risk assessment and ensure its execution to verify management’s assertions.
Financial Analysis - Financial analysis of Payroll expenses, Stock consumption, contractor’s bills, Local purchases, departmental expenses and Stock differences to ensure legitimacy of expenses and implement control over unnecessary expenses and adjustments.
Stock Consumption verification - Detailed verification of all Raw materials, Medicine and Utilities consumption to ensure that accurate consumption of stock is being posted in ERP and accurate financial impact is reflecting in Financial Statements.
Production Yield verification - Production Yield is verified on daily basis to ensure that Wastage occurred is within specified limits, and booked in ERP accordingly.
Pre payments Audit - Pre Audit of all purchase documents and Invoices including the verification of daily cash flow. Further, Pre Audit of all Plant expenses including Contractors Bills, local purchases, PESSI, EOBI, Monthly salaries, weekly overtime payments, Bonuses, Leave encashment and final settlements.
Inventory Adjustments & Transfers - Verification of all Inventory related adjustment and Inter Unit transfers posted in ERP on daily and monthly basis I.e. Short or excess in Inventory during stock count, reprocessed bags, recycled stock, Moisture gain or loss.
Surprise stock count - Surprise stock count activities are conducted to ensure that physical stock in place is in line with ERP stock.
Finished Goods & Scrap sales - Verification of Sales record of Finished Goods and Scrap stock to ensure that Actual sold out stock is entered in ERP and required sales criteria is met.
Observations Report - Monthly report preparation on the basis of observations during routine work along with management remarks.
Monthly Stock Count and Report writing - Monthly stock count is carried out of Raw material, Work in Process, Packing Material, Finished Goods, Technical Store and Utilities and its report is prepared and submitted to Audit Manager along with management remarks. Adjustments of stocks are recommended and these adjustments are verified later in ERP.

Brief descriptions of duties:

Timely execution and completion of audits as per approved audit plan.


Verify compliance of company control with policies.


Prepare and present reports that reflect audit’s results and recommendations.


Verifying and matching inventory (receipts and issuances) through sales and production records and supports with respect to inventory reconciliation.


Reviewing issuances and consumption of Packing Material used in production.


Ensure that Material Purchased is in accordance with purchase standards.


Review of lab/quality control testing of materials purchased at plant site.


Audit of machinery and spare parts consumption at plant site.


Conducting Surprise Audit of Cash and Material.


Checked and physical audit of wastage sales.


Verifying entry of fixed assets into system via Asset cards with respect to warranty, date of purchased, date of installation and Retirement.


Verification of all expenses (i.e entertainment, marketing staff etc).


Random selected store items & verifies through ERP so that physical stock & ERP quantity both are equal


Technical store aging Report (Slow moving & Dead Stock reports).


Monthly stock taking and preparation of Stock take report based on actual and ERP data.


Audit of payroll management.


Obtain, analyze and evaluate accounting documentation, previous report, data, flowchart etc.


Audit of Petty cash book.


Final settlements of employees/provident funds Pre-audits.

Jobs Description;

Check all vouchers on daily basis. (payments, receipts, sales & purchase)
Reconciliation of voucher entries with general ledger accounts and bank statements.
Verification of tax invoices & verify the withholding tax on payments.
Audit of gate procedures. (IGP, GRNs, inspection, receiving of material at mill site)
Detail audit of material purchased and consumed at plant site.
Verification of Daily Material issuance with respect to production.
Verification of Scrap Sales documents on regular basis.
Verification of Bills of Contractors e.g. Packing, Loading / Unloading and Bandana Repairing.
Prepare & check plant efficiency report with respect to production on daily basis.
Ensure adherence to all the policies and procedures for post audit activities.
Work with business owners regarding the schedule implementation of recommendations, with continuous follow ups.
Prepares aging report.(Account receivable report)
Fixed Asset Verification.
Stock take on monthly basis.
Check daily in and out raw material feed & other technical store items.
Verification of all payroll expenses I.e. Salaries, Overtime, leave encasements.

Jobs Description;
• Prepare Bank Reconciliation.• Maintain Record of Sales & Purchase.• Stock Take Of Mill.• Prepare Staff Salaries Sheets.• Prepare Over Time Sheets.• Prepare A Reports Of Receivables & Payables.• Petty Cash Preparation.