Head, Internal Auditor/ Control at Reliable Steel & Plastic Ind. Ltd.

Key Activity Areas

Internal Audits

• Design and prepare annual “Audit Plan” by applying risk-based approach to ensure the organisation complies with internal regulations / policies and established protocols.
• Develop and maintain the internal audit procedures to ensure that best practice is taken account of and that the audits address specific areas of risk management.
• Undertake the approved internal audit plan in line with agreed procedures liaising with all parties.
• Conducting audits of policy and compliance to standards.
• Examines documentation, including reports, statements, records, and memos to gather information.
• Completes standard paperwork and questionnaires to confirm internal controls.
• Presents summarized findings concerning audit results and trends for internal groups.
• Analyses audit results for proper “corrective actions” for management to improve.
• Makes recommendations for the best ways for a company to avoid fraud and reduce waste.
• Assesses best practices for an organisation and makes relevant, informed suggestions.
• Update auditees on findings and the audit process, and properly follow-up with auditees on the corrective actions and management response.
• Prepares reports and preserves documentation pertaining to audits for internal record and to relevant parties (i.e., ET / ACF).
• Identify common features across audits and organisation-wide issues, proposing appropriate systematic improvements.
• Providing education and training to staff to build audit / risk awareness within the organization.
• Provide feedback to relevant internal party to update the Medair “Risk Register” in the areas of risk evaluation, which involves comparing estimated risks with criteria established by the organization (such as costs, legal requirements and environmental factors).

Internal Controls

• Design internal control framework within the organization (Medair).
• Identify and document the key controls within each key processes of major functions / stream (e.g., program, finance, logistics, engagement, etc.,) to ensure the risk / negative exposures can be properly controlled.
• Evaluate on a periodic basis the effectiveness of the key controls via testing or other methods.
• Provide observation and recommendation to various control owners for improving the control, and follow up within reasonable timeframe.
• Provide informative report to ELT on areas where key controls should be implemented or updated with significant impact (positive or negative) to the organization.
• Co-ordinate with functional teams for necessary training to the staff for the purpose of improving control adherence.

Auditor skills and qualifications

Candidates with accounting, business, taxation law certifications and other relevant courses may be stronger candidates. Other skills may include:

• Interest and ability for math and financial systems
• Ability to make independent decisions, staying objective at all times
• Good knowledge of spreadsheets and excellent presentation skills
• Thorough understanding of business requirements and problem-solving skills
• Practical and excellent communication skill.