To ensure achievement of the internal audit objectives laid down by ABFSG for establishing and implementing a solid internal control framework across branches / franchisees.
Job Context & Major Challenges
Job Context: Internal audit is a vital control element in any business and an independent assurance function that suggests improvements, adds value and gives a sense of comfort to the management that risks are being managed properly at the branches.
Job Challenges
Ensuring adequate internal controls are in place and followed across ABFSG branches
Ensuring compliance with regulatory requirements
Ensuring adherence to internal policies and procedures
Compilation of standardized audit checklists in consultation with Audit Manager ¿ getting final sign off on the checklists from head of Internal audit ABFSG.
To actually conduct audit of branches / franchisees including surprise random audits across ABFS BUsKRA2Audit assessment1) To ensure that discrepancies observed during course of audit are rectified on the spot
Where discrepancies cannot be rectified on the spot list down such issues and obtain responses and timelines for closure.KRA3Audit Management1 Preparation of audit reports
2 Follow-up for closureKRA4Management reporting & MISReporting of progress, update, escalation to management as per defined guidelines / intervals