Process Development Scope

• Conduct process documentation & review existing manuals, policies and procedures in terms of process work flows and internal controls.
• Conduct meetings with process owners to gain a detailed understanding of the current practices to identify deviations, process scope, details & SLAs.
• Document  &  analyze the policies, procedures and processes practices to identify any major control weaknesses or gaps in the control environment and process flows against the relevant accounting standards .
• Perform gap analysis of existing processes against industry frameworks.
•  Identify issues and areas for improvement that include process flow, duplication of work, controls, and segregation of duties, people and technology.
• Responsible for developing& designing the “TO BE” processes taken into consideration the results of understanding of current business processes, existing control processes and the amendments agreed upon with the process owners.
• Perform process improvement using methodologies grounded in Lean Six Sigma principles to achieve efficient, highly productive workflow processes.
• Conduct project work to identify key issues and problems, designs performance metrics, generates solutions and implements process changes in collaboration with process owners.
• Design project plans intended to improve function and performance of existing or new processes
• Conduct risk assessments by evaluating the effectiveness of the organization’s existing framework to establish key risk indicators.
• Ensure that high priority risks are forcefully cost-effectively managed throughout the project.

Auditing Scope

• Coordinate internal audit programs of the company's accounting and financial operations to include the review of accounting procedures, confirmation of accounts, inspection of physical operations, and investigations of irregularities and errors.
• Supervise examination and analysis of records to insure the effectiveness of accounting and managerial controls at reasonable cost, accuracy of transactions, and compliance with applicable laws and established company's policies and procedures. 
• Direct and coordinate analysis of operating departments and functions and make recommendations to promote maximum managerial effectiveness and operational efficiency when appropriate. 
• Identify those activities subject to audit coverage, evaluating their significance and assessing the degree of risk inherent in the activity in terms of cost, schedule, and quality (Risk Assessment). 
• Monitor work performance for accuracy and completeness to ensure compliance with established departmental objectives. 
• Supervise review of procedures and records for their adequacy to accomplish intended objectives, appraising policies, and plans relating to the activity of function. 
• Review and ascertain the reliability of management data developed within the company. 
• Recommend and develop internal auditing policies, standards of performance, procedures, and programs.
• Authorize the publication of reports on the results of audit examinations, including recommendations for improvements. 
• Serve in an advisory capacity for the company's officials. Make recommendations for improved fiscal management systems. 
• Appraise the adequacy of corrective action taken by operating management and prepare a variety of related reports and analysis.
• Serve as liaison with many departments and offices to assist with problems and determine need for audits. 
• Provide executive management with annual reports on the results of audit activities.
• Determine fiscal requirements of internal auditing operations and prepare budgetary operations. Monitor, verify, and reconcile expenditure of budgeted funds. 
• Review company's policy and structural changes that might alter audits and coverage. 
• Test and document financial and computer system records for access control, information integrity. Transaction Accuracy Reports will ensure: 

 -  Information is independent and objective on risks

- Operational effectiveness, and control discrepancies are reported 
- Audit issues are well-defined and root causes are identified 
- Corrective actions include input from operations and management 

• Prepares reports to Management on a periodical (monthly/quarterly basis), organizes audit committee meetings