1. Planning & Supervision:

• Develop the annual financial audit plan covering all departments and projects.
• Supervise the execution of audit programs according to the approved plan.
• Assign tasks to the audit team and monitor their performance.

2. Audit & Review:

• Review daily financial operations (payments, collections, progress billings, contracts, petty cash).
• Verify compliance with financial policies, procedures, and internal regulations.
• Assess internal control systems, identify weaknesses, and recommend improvements.
• Audit financial documents to ensure their accuracy and validity.

3. Reporting:

• Prepare periodic reports on audit findings and submit them to senior management or the audit committee.
• Highlight financial risks and violations with corrective action recommendations.
• Follow up with concerned departments to ensure corrective actions are implemented.

4. Risk & Compliance:

• Analyze potential financial risks and propose mitigation strategies.
• Ensure compliance with accounting standards (IFRS/GAAP), tax regulations, and local laws.
• Review adherence to company policies and governance standards.

5. Development & Improvement:

• Develop audit policies and procedures in line with best practices.
• Train and build the capabilities of the financial audit team.
• Recommend technological tools and systems to enhance audit efficiency (Audit Software/ERP).