Responsibilities

• Managing Audit Committee matters including preparing agenda items and finalizing them.
• Managing the MIS function through supervising the overall MIS system, coordinating with Audit staff for timely submission of MIS (other than the MIS reports available in E-Audit system), review of MIS for any exception and ensuring proper record maintenance pertaining to MIS function e.g. Audit Reports etc.
• Preparation of Annual Financial Budget of the Audit Group. Analysis of Monthly performance report to compare budgeted expense against actual expenses and report any exception to Division Head Operational Audit and CIA. Responsible for month end closing and approving all journal entries and monthly accrual for posting in OGL.
• Supervision of administrative and HR functions performed within the group including coordination with HRMG and other groups for matters relating to staff.
• Preparation of Audit & RAR annual plan on a risk based methodology for review and approval of the Audit Committee including reporting on progress against the annual plan of the Group.
• Incorporate risk assessment and updated approved annual plan in E-Audit system.
• Utilizing repository of audit observations/significant findings, in E-Audit system, highlighted in audit / review reports / management audits for development of meaningful MIS for further reporting to management / Board Audit Committee.
• Review information on activities of the Audit Group for Monthly Performance review meetings of the Group.
• Oversee monthly review of Fixed Assets Register (FAR) of Audit & RAR and address exceptions highlighted during the physical verification exercise in this respect
• Ensure proper maintenance of audit universe module i.e. defining auditee groups, regions, circles etc. and user management in E-Audit system.
• Any other task assigned by CIA.