Interwood is looking for an Internal Audit Officer for Islamabad / RWP office (DHA).
The Internal Audit Officer is responsible for evaluating and improving the effectiveness of risk management, internal control, and governance processes within the organization. This role involves auditing financial and operational processes, ensuring compliance with internal policies, statutory regulations, and identifying areas for process improvement and cost efficiency in a manufacturing environment.
Key Responsibilities:
1. Audit Planning and Execution
- Assist in developing annual audit plans based on risk assessments and business priorities.
- Conduct internal audits across departments (production, procurement, inventory, finance, HR, etc.) in line with audit schedules.
- Perform detailed audit fieldwork including walkthroughs, testing controls, data analysis, and transaction reviews.
- Identify control weaknesses, inefficiencies, and recommend improvements.
2. Process & Compliance Audits
- Evaluate compliance with statutory requirements, company policies, standard operating procedures (SOPs), and industry best practices.
- Audit production operations for adherence to quality control standards, safety regulations, and lean manufacturing principles.
- Ensure accuracy and completeness of production and inventory records.
3. Reporting and Documentation
- Prepare comprehensive audit reports with findings, root cause analysis, risk implications, and actionable recommendations.
- Present findings to department heads and management in a clear and constructive manner.
- Maintain proper documentation of audit workpapers as per internal audit standards.
4. Follow-Up & Risk Monitoring
- Track and monitor the implementation of agreed audit recommendations.
- Conduct follow-up audits to assess the effectiveness of corrective actions taken.
- Monitor key risk indicators (KRIs) and participate in periodic risk reviews.
5. Collaboration and Advisory
- Collaborate with cross-functional teams to support the development of strong internal controls.
- Provide advice and guidance on internal control improvements and risk mitigation.
- Participate in fraud investigations and special assignments when required.
Requirements
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or equivalent is preferred.
- Minimum 3–5 years of relevant internal audit experience, preferably in a manufacturing or industrial environment.
- Strong knowledge of internal auditing standards (e.g., IIA standards), internal control frameworks (e.g., COSO), and risk management practices.
- Familiarity with ERP systems (e.g., SAP, Oracle) and data analytics tools is an added advantage.
Benefits
- Paid Leaves
- EOBI
- Provident Fund
- Medical Insurance
