Head of Internal Audit

Habib Sugar Mills Limited is looking for an experienced and results-oriented Head of Internal Audit to lead and strengthen the company’s internal audit function. The successful candidate will play a critical role in enhancing internal controls, risk management, compliance, and corporate governance frameworks. This position involves overseeing audit planning and execution, evaluating operational and financial controls, identifying business risks, and providing actionable recommendations to improve processes while ensuring compliance with company policies and regulatory requirements.

Key Responsibilities
- Lead the internal audit function by designing and implementing risk-based annual audit plans.
- Assess the effectiveness of internal controls, risk management systems, policies, procedures, and standard operating procedures (SOPs).
- Conduct and supervise audits covering operational, financial, compliance, and process areas across various departments.
- Identify control weaknesses, operational inefficiencies, financial risks, and compliance gaps, and recommend corrective actions.
- Review internal controls related to financial reporting, procurement, inventory management, production, sales, and other critical business operations.
- Prepare detailed audit reports outlining findings, risk exposures, recommendations, and management action plans.
- Monitor and follow up with departments to ensure timely implementation of audit recommendations.
- Provide guidance to senior management on improving governance, accountability, risk mitigation, and internal control frameworks.
- Lead, mentor, and manage the internal audit team while maintaining professional standards, independence, and objectivity.
- Ensure all audit activities comply with relevant laws, regulatory requirements, professional standards, and company policies.

Required Qualifications
- Qualified Chartered Accountant (CA), ACCA, ACMA, or an equivalent recognized professional certification.
- Strong expertise in internal auditing, risk assessment, internal controls, corporate governance, SOPs, and audit methodologies.
- Excellent analytical skills, report writing abilities, effective communication, and leadership qualities.

Preferred Qualifications and Experience
- 8 to 12 years or more of relevant experience in Internal Audit, Risk Management, Assurance, or related fields.
- Experience in a manufacturing environment is highly desirable.
- Prior experience working in a listed company will be considered an advantage.
- Proven ability to lead audit engagements, assess business risks, communicate findings to senior management, and drive corrective actions.

Compensation and Work Location
- Monthly salary starting from Rs. 200,000.00
- Work location: On-site (in person)

This role offers a valuable opportunity to contribute significantly to the governance and operational excellence of a leading manufacturing company by ensuring strong internal controls and effective risk management practices.