♦ Responsible for preparing the Internal Audit Charter, Internal Audit Manual, Internal Audit Plan and Internal Audit Policy Manual on behalf of the internal audit department and presenting it to audit committee for approval.
♦ Responsible for planning audit activities for more than 33 branches, countrywide in order to execute the internal audit activities at branches, considering the available work force, their skills and capabilities and where necessary amending / changing the audit approach and plan.

♦ supervising at national level the full audit cycle of branches including stock counts of various principles along with stock in transit and promotional stock products, and audit of cash collections of each branch to ensure that the cash collections are remitted to HO on daily basis.

♦ supervising the stock transfer in notes (STIN), stock transfer out notes (STON) to reconcile the received the quantity during audit at branch, also supervising the stock destruction activity at branch during audit after the quantity is being reconciled with the stock claims to ensure that the claim is being raised at branch level, head office level and also settled with principal. 

♦ ensuring that the stock maintained at every branch is updated as per their respective batch number by randomly verifying the batch numbers of stock (document to floor) and also to ensure that the expired stock is not stacked with fresh stock. And the stock which is near to expiry is being communicated back to the principle for claim till its expiry date.

♦ ensuring that the stock which is expired kept / maintained separately and being tagged, also the stock which is settled with principal is removed from our record to ensure that inventory and stock levels are not overstated.

♦ conducting special investigative assignment related to customers complaint / stock misappropriations / misuse of payments / cash collected from customer and also to ensure that the company policies are not being violated and adhered to under any circumstances.

♦ ensuring and find the cost minimization solution and overall expenses of internal audit department also responsible to communicate to the management whenever any policy related to internal audit department needs amendments / modification or changes.
 
♦ ensuring that the system based controls are being followed by the sales and operations department by verifying the transaction were special approvals were needed for execution. Also reporting to management that if there is any violation of policy regarding customer credit days.

♦ monitoring the team during audits to make sure that the time is being utilized effectively and efficiently and there are no lags / deviations in the execution of audits vs as per planned audit activities. Reporting any deviations to management (if any) with suggested solution.

♦ preparing audit reports / sharing reports with management and presenting reports to BOD containing audit observations and suggesting solutions for audit findings and observation in order to strengthen the controls of organization.
 
♦ preparing semi-annual and annual performance report of audit department along with the plausible reasons and justifications, and to make annual internal audit plan and time allocation for branches of different size and to share it management.

Developing internal audit strategy, amendments to the internal audit manual and preparation of internal audit plan for group, as per the operations of group along with highlighting the key risky areas and reviewing the SOPs of each department of Tanveer Spinning and Weaving Mills, Tanveer Cotton Mills, Tanveer Weaving Mills and to update.
conducting full accounting cycle review for group and analyzing the internal controls defined for the process to ensure compliance and where necessary to recommend and to change/update the related control(s), also monitoring the pre-audit and post audit activity.
supervising the monthly audit activities for group, reviewing the internal audit reports, where necessary recommend update/change the internal controls on group level. Analyzing efficiency and effectiveness of operational processes for group and recommending business process redesigning and reengineering.
Verification of all type of vouchers in ERP for each mill, verification of monthly bank reconciliation statements for group, verification of salary sheets, overtime and benefits for HO and Mills for group. Also reviewing the surprise cash count reports conducted by internal audit executive.
Conducting audit assignment for Tanveer Spinning and Weaving Mills, Tanveer Cotton Mills, Tanveer Weaving Mills assigned by Chairmen/CEO and planning monthly visits to each mill to analyze the efficiency and effectiveness of internal audit activities.
working on updating and reviewing of fixed assets register for group and analyzing the related controls to ensure that the assets of group are properly safeguarding and do exists in the records.
Reviewing the monthly accounts of group and conducting the ratio analysis, preparing the waste analysis reports in order to ensure that production process doesnt have abnormal waste tendency and the production machines are in good working condition.

• Leading and Development of Internal Audit Department on professional grounds, training the department’s workforce as per the nature and scope of different areas of internal audit given in Internal Audit charter of the organization.
• Development of comprehensive Risk Based Internal Audit Plan covering all the activities of the organization, prioritizing the audit assignments based on a risk assessment, in an effective and efficient manner. Planning of individual audit assignments to ensure that professional standards are maintained.
• Documenting the comprehensive Risk Based Internal Audit Plan on annual basis and audit time frame covering all activities of the organization.
• Conducting Internal Control evaluation and risk assessment to identify loopholes and areas requiring management intervention to prevent fraud, misappropriation, misuse of assets and production wastages to ensuring that objectives of the organization are achieved economically, efficiently and effectively.
• Assigning assignments of routine and of ad hoc nature to team members for different area of internal audit scope as per the internal audit plan and internal audit charter of the organization, reviewing all observations and finalizing report.
• Carrying out procedural audits of various departments such as Sales and Marketing, Procurement, Human Resource and Administration, Production and Store Department for operational efficiency and relevant control assessment.
• Review & evaluate the system based reporting structure of the organization and make the recommendations to develop the customized reports for effective reporting & decision making process.
• Monitoring the quarterly, semi-annual and annual financial analysis of the key financial indicators of income statement and different line items of the balance sheet and to discuss the findings with the management and to suggest for the betterment accordingly.

• Processing, recording and accounting of all accounting transaction, maintenance of petty cash, preparation of monthly salary sheets, submission of monthly reports for receivables, payables, bank reconciliation and for cash position.
• Product cost Planning for main products of company and its auxiliaries through ERP reports and customized ERP reports.
• I have also been assigned as an independent reviewer of each ERP developed by the company for final testing and approval.
• Remain active part of the ERP development team for several projects as leading the development staff according to the accounting transaction flow.
• Coordination with IT department regarding generation of various customized reports by customized ERP software.
• Performing the quality control review for ERP to report the bugs in the software during the testing phase.

• Assisting management for preparation of monthly and annual accounts.
• Assisting management for monthly payroll preparation and distribution.
• Coordination with the marketing department to update the record for each individual client on daily basis.
• Assisting assistant manager in preparation of aging analysis of the receivables and forecasting the recoverable amount and bad debts on continuous basis.
• Assisting assistant manager for the preparation of search reports on the behalf of the company for our clients containing the summery of different type of charges registered on the client’s assets.
• Assisting management in the preparation of income estimation assignments on the behalf of several different banks.
• Participated on the behalf of company in various assignments of receivable management, accounts compilation and product costing for different clients.