Experience as Senior Executive Internal Auditor

• Employer

  TPL Insurance

• From

  01 December 2014

• To

  31 March 2017

• Detail

  I worked as Senior Executive Internal Auditor and have performed audits of TPL
  Tracker, TPL Properties, TPL Securities and TPL Life Insurance. I was directly
  reported to Manager Internal Auditor and also Head of Department. My
  responsibilities included:
  ? Prepared quality internal audit reports highlighting key risk areas and likely
  impact on business performance and made recommendations accordingly.
  ? Ensured compliance with Insurance Ordinance, Insurance Rules and Code of
  Corporate Governance along with any circular or notifications issued by the
  Security and Exchange Commission of Pakistan (SECP).
  ? Assisted in developing policies and procedures such that adequate control
  systems are implemented in areas having financial impact prominently Claims.
  This helps to secure a rise in claim ratio from 50.10% FY14 to 45.25% FY15.
  ? Reduce company’s commission expense ratio by highlighting management to
  revise company policy and revisit commission rates through commission audit.
  Resulting payout ratio reduced from 13.4% FY14 to 11.07% FY15.
  ? Successfully reduced substantial outstanding amount by carrying out receivable
  audit on a quarterly basis. Identified and highlighted long aged receivables
  which aggravated higher management to take necessary action against it.
  ? Assisted in drafting Standard Operating Procedure in order to streamline the
  company’s process of various departments with company’s mission/vision.
  ? Identify areas of cost reduction in expenses to the management and suggesting
  improvements and suitable alternatives.
  ? Audit of all direct, indirect, recurring and one time purchases for the group. This
  results in decrease in over purchasing and inferior quality purchases.
  ? Analyzing financial statements on each quarter, highlight/identifies areas
  whichrequires audit coverage and initiate audit activities accordingly

Experience as Internal Audit Supervisor

• Employer

  Pakistan Beverage Limited

• From

  31 October 2017

• To

  30 September 2019

• Detail

  I am currently working as Internal Audit Supervisor and reportable to Head of
  Internal Audit. Spearheading team of two during any audit assignments. My
  responsibilities during the course of my duration include/ have included:
  ? Reengineered company’s distribution network by presenting cost benefit
  analysis report with a plan which was successfully adopted by the higher
  management.
  ? Monitoring of sales on a daily basis by looking on every aspect of sales for
  instance discounts, targets and commission to ensure smooth process.
  ? Monitoring R.O efficiency and verifying its output with production along with its
  P/h level, TDS, CIP and backwash. Any deficiency identified is submitted in
  detailed report to senior management and PepsiCo International.
  ? Presenting variance analysis report on materials require in production such as
  preforms, caps, shrink, labels, sugar and concentrate by comparing standard vs
  actual usage along with adequate comments.
  ? Recommending best practices on a continual basis to improve company’s
  procedures such as procurement process which was successfully redesigned,
  accepted, approved and implemented.
  ? Visiting all production plants to monitor their routine operations in Karachi,
  Hyderabad and Quetta.
  ? Efficiently maintaining daily physical stock and review reports of all finished
  goods and raw material from all warehouses located in Karachi, Hyderabad and
  Quetta.
  ? Monitoring and verifying all plants yield reports by cross checking with SAP
  reports and review variances of all CSD and NON-CSD products.
  ? Effectively coordinating with external auditors for completion of statutory and
  special audits achieving reduction in lead time and observations.
  ? Leading special assignments including cost benefit analysis and process
  improvements.
  ? Research into new audit techniques and contribute towards continuing initiatives
  to enhance the effectiveness of internal controls in the company.