Enter Description

➢ Roles and Responsibilities: • Pre-Audit of Vendor Payments including Utilities, Rentals, Withholding Tax, and Sales Tax.• Defining, communicating, and ensuring implementation of internal controls, Policies, and Procedures.• Reviewing and proposing workflow structures in compliance with policies.• Restructuring of departments and preparing their organograms for better understanding.• Drafted walk-through of process for other departments to understand the process and follow the protocols.• Performed various analysis which includes:o Profit margin analysis before the launch of new business policies and present those to management for decision making.o Various gaps in inventory movement from warehouse to warehouse.o Monthly outlay to some specific vendors and finding the best alternatives to minimize cost.o Service provider analysis of duration of job completion and cost to the company.o Analyzing available fixed assets and the need to buy new ones.o Analysis of scrap available at warehouse and defining disposal policy for same to dispose of in higher and efficient manner.

Audit
➢ Supervised Market Audit Activity which includes:
• Selection of coverage area with management decision and requirement.
• Planning to perform audit activity as per management\'s expectations.
• Allocation of areas to Field Audit Team to visit nominated doctors and pharmacies to obtain feedback about company products and sales representatives.
• Reviewing feedback reports and communicating any complaints received from doctors and pharmacies about company sales representatives and products.
• Preparation of Field Audit Reports and summarizing the outcomes of the activity.
• Discussion and presentation of Field Audit Report to Head of Department and higher management.
➢ Job responsibilities Other than the supervision of Market Audit include:
• Verification of import bills as per the requirements of the Bank and Drug regulatory authorities.
• Pre-Audit of Vendor Payments, Utilities, Withholding Tax, Sales Tax, Advance Tax, and Payrolls.
• Carry out perpetual Stock counts of all warehouses including Raw Material, Promotional stock, Finished Goods & Packing Material.
• Wages and Monthly expense claim as per entitlement and company policy.
• Verification of bonus claims and expiry claims as per company policy.
• Sales Force Expense Adjustments as per company policy.
• Petty cash counting and verification of vouchers on monthly bases.
• Verification of expenses and reimbursements related to head office and sub-offices as per company policy. Compliance
• Surprise visits to the production area, raw material, packing material, and finished goods warehouses to ensure DRAP rules and regulations are being strictly followed.
• To ensure compliance with internal controls and effectiveness of these controls in all departments.
• Reporting of non-compliance to HOD.
• Daily visits the kitchen to ensure compliance with internal controls.

• Carry out comprehensive branch audits with various audit teams in the areas of General Banking, Human resources, IT, and credits. The deposit Portfolio of branches varies from (PKR. 400 million to PKR. 43 billion)
• Draft audit reports after conducting in-depth audits followed by detailed discussions and debates with higher management for timely resolution of any wrong practices/procedural lapses.
• Review General Banking areas like Cash Operations, Local and foreign Remittance, Account opening, Accounts and finance, KYC/AML, Reporting to SBP, fraud, forgeries Etc.
• Ensuring all the requirements of regulators are adhered to by the branch and identify significant violations of regulations.
• Review day-to-day operations of the branches and ensure adherence to SBP/bank’s operational policy. Assist team leaders in making executive summaries after the conclusion of audits for onward submission to Group Heads
• Performing audit of SBP CLI (Crop Loan Insurance) semi-annually to check compliance with SBP requirements and covering the risk of the Bank as well.
• Conducted Audit of Regional offices that includes giving an overall detailed picture of achievement of Regions and Area offices. Perform a comprehensive audit of CPC (Cash processing cell), to check the compliance with internal as well the policies of the regulator.
• Performing a detailed audit of Bank reconciliations i.e., reconciling Balances in NOSTRO account with accounts of SBP and NBP.
• Review of Agri-files and accounts maintained in a branch, checking different aspects i.e., window dressing, account clean-ups, and documentation of the various type of Agri-clients.