Manager Internal Audit - Distribution Write Off

Our employees are our company's greatest asset - they are our real competitive advantage. We possesse immense power of innovation, immagination and a desire to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company's mission.

Purpose:

The position has the responsibility to lead, manage and supervise the activities of Trade Receivable write-off claim verification based on the Company’s policies and procedures being adopted related to active / inactive and schemes consumers. The position is also responsible for preparing summary reports / presentations and for reporting the numbers to the IA Leadership and liaise with the Internal Audit Field Force, Central Receivable Management Cell (CRMC), Business Finance (BF) and External Auditors (EAs).

Responsibilities:

Supervising Write off exercise –

• Supervise of Internal Audit activities related to write-off case verification pertaining to Active / Inactive / Schemes and Mega-Cases.
• Ensure that uniform verification procedures are being applied across teams
• Communicate of the directives of the IA management to teams and monitoring the compliance of the same
• Communicate of deficiencies / shortcoming in cases to the CRMC / IBCs for corrections thereof.
• Incorporate experience and knowledge base from other assignments as well as field visits to include in the verification procedures
• Progress report of IA activities related to write-off including the performance evaluation of each team with respect to Key Performance Indicators (KPIs).
• Preparation of summary reports and ensuring adequate documentation is retained in accordance with the guidelines.

Supervising Tariff Differential Claim and Subsidies exercise –

• Supervise of Internal Audit activities related to TDC and other subsidy exercises as notified by Government of Pakistan (GoP)
• Ensure that verification process applied thoroughly reviews the requirements as set by the Power Division and that the same is carried out as per the timelines given to IA department.
• Communicate of deficiencies / shortcoming to Business Finance and providing go-ahead to Regulatory department.
• Prepare of Summary reports for review and sign-off by IA Leadership.
• Establish a clear communication channel with the other departments and ensuring adequate documentation is retained in accordance with the guidelines

Quality Management System (QMS) –

• Ensure that all engagements and special assignments performed are carried out as per the QMS standards and all prior assignments / audits are complete in all QA respects including compliance in accordance with the internal Quality Assurance Improvement Program (QAIP). This is essential to obtain assurance on Internal Audit activities as required by the Institute of Internal Audits (IIA) standards.
• Internal Audit Manual is one of the core documents laying out the foundations and the standards of the department which communicates the processes and the procedures in line with the best practices and IIA guidelines and the same comes within the domain of the role to ensure that the said document is maintained properly and updated at regular intervals.
• Moreover, checklist(s) and documented methodology related to QAIP to be prepared and to ensure that the quality is maintained through tools designed and inculcate the quality in all the engagements performed by IA

People Development –

• Work actively to build staff’s capabilities and ensuring development of high performing teams. This entails rotation of team members for diversified exposure and providing opportunities to excel in the tasks being assigned. Coaching and counselling of team members and giving challenging tasks to develop skills necessary for improving efficiency and effectiveness of the tasks.

Requirements:

• Professional Accountant (Member of Professional Accounting body registered with IFAC) with experience of 2-3 years or part qualified with 4-5 years or equivalent experience

KE provides equal employment opportunity (EEO) to all persons regardless of age, color, origin, physical or mental disability, race, religion, creed, gender, marital status, status with regard to public assistance or any other characteristic protected by federal, state or local laws.