Internal Audit
- Determining the internal audit scope and overall supervision of Quarterly/Half yearly/annual audit plans
- Ensuring the timely Internal audit completion and compliance with all applicable SOPs and Statutes
- Recommending the appointment of Pre/Internal auditors to the senior management
- Collaborate with Pre auditors, Internal Auditors, Functional and Unit teams to coordinate the audits and drive to resolution identified issues
- Review of monthly Preaudit & Quarterly internal audit reports and presenting the audit findings to Management
- Tracking and timely closure of open audit points in internal/pre audit reports
- Guidance/Training and support to Pre-Auditors team at Units
- Responsible for the development of internal controls framework
- ensure that internal controls are adequate / reliable & weaknesses identified, rectified and monitor the remediation efforts
- Regular assessment of the effectiveness of internal controls over financial reporting
- Training and awareness on internal controls for all appropriate roles and responsibilities on an ongoing basis
Risk Management
- Ensure all Risk management policies are defined, reviewed, and updated at defined time periods and placed to board members for approval and adoption
- Risk management operations, including managing, identifying, evaluating, reporting and overseeing the risks externally and internally to the organization and works diligently with senior management on risk mitigation plans.