1. Chief Internal Auditor (CIA)
Job Descriptions
Preparation of annual audit plan and getting it approved from the Audit
Committee.
Execution of audit plan and reporting findings of the audit to Audit
Committee.
Analysis the company function and formulation of the best approach/
policy for performing audit in consultation with CEO and Audit
Committee of the Board.
Preparation of an internal control questionnaire to evaluate the
adequacy and effectiveness of internal controls over the activities of
the company and preparation of Internal Audit reference manuals.
Supervision of the review of the company’s activities and to determine
compliance with applicable policies and procedures in a manner
consistent with the objectives and high standards of administrative
practice.
Setting the materiality level for the conduct of audit/ reviews.
Implementation of the policies and practices laid down in Internal Audit
reference manual for the conduct of Internal Audit.
Supervision of operational, compliance and financial audits.
Verification of audit evidence and also to record audit observations,
and make audit recommendations that are feasible, practical and cost
efficient for approval.
Communicating audit results to Audit Committee.
2. Ensuring compliance with the requirements of Code of Corporate
Governance and other applicable rules and regulations approved by
the BOD.
Stamping and verifying any document required to be verified by
Internal Audit.
Designing and arranging any special audit/ investigation exercise if so
required by the Chief Executive or the Audit Committee.
Finalizing and issuing the reports after completion of each assignment.
Responsible for the administration of the Department, time
management, prioritization of tasks and performance appraisal of
persons reporting to him.
