Head of Internal Audit

Opportunity Information

The Role

AWT Investments Limited is hiring a Head of Internal Audit in Rawalpindi (onsite). The Head of Internal Audit is responsible for executing an organization-wide approach for internal audits which mitigates risk, improves the organization's financial productivity, processes and systems, and provides assurance regarding compliance with statutory and regulatory requirements to the Board.

•Supervise the internal audit function of the Company and Funds and other areas of operation •Conduct in-depth and independent examination of internal controls to ensure the efficacy of operations, reliability of financial reporting, safeguarding assets, assessing risks and monitoring compliance with laws and regulations •Carry out and supervise audits of each function and fund according to the Annual Audit Plan approved by the Audit Committee, besides special audits/ assignments carried out from time to time •Immediately inform the management and the audit committee of any material risk that has surfaced as a result of the internal audit •Ensure approved policies and procedures are available for every activity of the Company •Review the arrangements in place to ensure that the organization fulfils its overall purpose and achieves its intended outcomes so that the AMC operates in an economical, effective, efficient and ethical manner •Suggest and recommend to Higher Management improvements in internal controls and risk management systems •Carry out and ensure the implementation of the 'Internal Control System and Audit Policy' and 'Annual Audit Plan' and keep the Audit Committee of the Board updated through review reports, follow-up reports, updates, etc. •Review significant processes (including the financial statement closing process) and evaluate the effectiveness of Internal Controls over Financial Reporting (ICFR), and review compliance with the relevant regulatory requirements w.r.t. financial reporting and other relevant processes performed by AWTIL and its managed funds •Determine the necessary resources required to undertake audit assignments and coordinate with management for their acquisition •Supervise, review and participate in the training of internal audit department personnel

Applicants General Eligibility & Requirements

Education, Experience and Skills Requirements