Job Title:  Assistant Director Internal Audit

Location

National Headquarters Islamabad

Reporting to

Chairman

Department

Chairman’s Office

Position Objectives:

• To independently establish, develop and evaluate PRCS’s internal controls over financial reporting, compliance and business operations.
• To serve as pre-auditor and will endorse financial/procurement decision before approvals by competent authorities of PRCS.

Specific Duties, Responsibilities, and Accountabilities

Undertake internal audits to ensure the company meets its financial, operational and compliance objectives.

 Develop, implement and maintain Internal Audit policies and procedures in accordance with local and international best practices

Identify and reduce all business and financial risks through effective implementation and monitoring of controls.

Conduct ad-hoc investigations into identified or reported risks and oversee risk-based audits covering operational and financial processes.

Act as an objective source of independent advice to ensure validity, legality and goal achievement

Present complete, accurate and timely audit information reports to PRCS Chairman, Management and/or Risk Committees.

Reporting on control deficiencies to Chairman and make recommendations to mitigate risk and cost savings

Performing the full internal audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations

Obtain, analyze and evaluate accounting documentation, previous audit reports, data etc

Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards

Any other Internal Audit related tasks assigned by the PRCS Chairman

Reliability and integrity of Financial and Operational Information.

Compliance with laws, regulations and contracts.

Safeguarding of assets by performing periodic physical stock take of inventory and fixed assets

Any other task assigned by Chairman

Education

Master’s Degree in Accounting & Finance or equivalent

Experience

• Minimum Five (5) to Eight years (8) of Accounting, Finance and Internal Audit Experience.
• Members of Recognized Body of Professional Accountants and Member of Institute of Internal Auditors will be given preference.

Skills/Knowledge

• Strong Analytical Skills with attention to detail
• Ability to work independently and think objectively
• Effective Communications and Interpersonal Skills
• Hands-on experience and thorough knowledge of Internal Audit practices and policies
• Should possess strong technical proficiency in the financial software tools and platforms.
• Excellent Report Writing and Accounting Skills
• Ability to work under pressure and flexibly with diverse teams
• Strong Work Ethics and ability to maintain confidentiality at all times
• Good Knowledge of local laws, rules and regulations
• Advanced computer skills on MS Office, accounting software and databases