Professional Experience: Internal Audit in Cement Plant Operations and Construction
Core Audit Responsibilities:

Lead comprehensive risk-based audits for cement plant operations and new construction projects.
Deliver detailed audit reports with actionable recommendations to enhance operational efficiency and compliance.

Key Competencies:
Strategic Audit Planning & Risk Management:

Develop and implement annual risk-based audit plans, focusing on operational, financial, and compliance risks.
Identify and assess high-risk areas within plant operations and construction activities.
Craft audit programs integrating control testing, process reviews, and compliance verification.

Operational & Compliance Audits:

Conduct in-depth field audits, process walkthroughs, and control assessments across plant operations.
Evaluate procurement, project management, and financial reporting controls.
Ensure compliance with contractual agreements, BOQs, and company policies.
Oversee physical verification of assets, inventories, and project materials.

Financial & Reporting Audits:

Review and verify payroll, staff reimbursements, tax filings, and procurement contracts.
Ensure accuracy in financial reporting, including sales tax compliance and general ledger reconciliation.
Conduct surprise cash counts and bank voucher audits

Procurement & Inventory Management:

Verify purchase orders, supplier quotations, and comparative statements.
Monitor high-value inventory balances, investigate variances, and manage stock adjustments.
Audit inventory processes, from material issuance to scrap disposal.

Project-Specific Audits:

Evaluate contractor performance against contracts, BOQs, and milestones.
Verify project-related billing, payment approvals, and gate pass records.
Assess procurement processes, vendor selection, and freight logistics.

Audit Reporting & Follow-up:

Prepare comprehensive audit work papers supporting findings and recommendations.
Issue data-backed audit reports, identifying root causes and corrective measures.
Conduct follow-up reviews to ensure implementation of corrective actions.

Governance & Advisory Services:

Support management reviews, governance assessments, and regulatory inspections.
Serve on key committees, including Scrap Lifting and Spot Purchase Committees.

Technological Tools Utilized:

Leverage ERP (Oracle Financial) for data management and financial tracking. Utilize Excel for in-depth data analysis and reporting throughout audit processes.

 

Managed all financial and accounting functions, utilizing Oracle Financial Software for efficient financial tracking and reporting. Prepared budgets for various projects, ensuring alignment with organizational goals and financial targets. Handled electronic payments for withholding taxes, ensuring timely and accurate monthly and annual e-filing.
Processed electronic sales tax payments and supervised all financial transactions, including those related to imports.
Oversaw the preparation of bank reconciliation statements, ensuring the accuracy of financial records.
Managed the payroll process, ensuring timely and accurate compensation for employees.

Managed all financial and accounting functions, utilizing Oracle Financial Software for efficient financial tracking and reporting.
Prepared budgets for various projects, ensuring alignment with organizational objectives and financial goals.
Handled the electronic payment of withholding taxes, ensuring accurate and timely processing.
Ensured timely and accurate monthly and annual e-filing of taxes, including sales tax and withholding taxes.
Processed electronic sales tax payments, overseeing all related payment transactions, including imports.
Supervised the preparation of bank reconciliation statements, ensuring accurate financial records.
Managed the payroll process, ensuring timely and accurate employee compensation.

Managed vendor payments and ensured accurate handling of withholding tax obligations for both vendors and employees.
Prepared and reconciled bank statements, addressing discrepancies promptly to maintain accurate financial records.
Oversaw the payroll process, ensuring timely and accurate compensation for employees.
Conducted internal audits through mill visits, assessing operational efficiency and ensuring compliance with company policies.
Managed the deduction and deposit of withholding tax at source, ensuring compliance for both vendors and employees.
Administered advance tax processes, optimizing financial operations through efficient tax management.
Leveraged ERP (Oracle Financial) to streamline and enhance the efficiency of financial operations.
Accurately filed monthly and annual withholding tax returns, ensuring full regulatory compliance.
Diligently monitored income tax compliance, ensuring adherence to all applicable tax regulations.

Conducted external audits for a diverse range of clients, ensuring compliance with financial regulations and identifying areas for improvement. Audited various organizations, including: Dawlance Group, International Packaging NGOs (Madrisa, Gulshan School, Citizen Foundation) Pakistan International Packages
Assisted in tax-related services, ensuring adherence to income tax and sales tax regulations for clients.