Responsibilities & Context

1. Internal Audit (Manufacturing & Operations)

• Conduct internal audits of factories, warehouses, and head office as per approved audit plan.

• Calculation and Checking of Inter Process Loss of Garments Division`s (cutting to shipment) and reporting monthly.

• Follow up of Wastage management regularly and reporting monthly.

• Audit WIP and finished goods valuation, production reporting, and cost variances.

• Review machine utilization, maintenance cost controls, and shutdown records.

2. Inventory & Store Control Audit

• Audit raw materials, packing materials, consumables, spares, and finished goods.

• Perform physical stock verification and reconcile with ERP and stock registers.

• Review controls over expired, damaged, obsolete, and slow-moving inventory.

• Verify GRN, material issue, return, transfer, and adjustment processes.

3. Compliance & Regulatory Review

• Review and verify bills, vouchers, invoices, payment documents, and supporting records.

• Audit local and foreign purchases, LC documentation, procurement, and supply chain transactions.

• Evaluate the effectiveness of internal controls and identify operational and financial risks.

• Review VAT challans, returns, rebates, Mushak documents, and statutory registers.

• Monitor compliance with company policies, SOPs, delegated authority matrix, and regulatory requirements.

4. Procurement & Contract Compliance

• Audit purchase requisitions, CS, approvals, PO issuance, and vendor selection.

• Review compliance with procurement policy, LC/local purchase rules, and contract terms.

• Check price variances, emergency purchases, and related-party transactions.

5. Financial Control & Risk Management

• Audit petty cash, factory impress, IOU, advances, and inter-unit transactions.

• Review expense controls, budget adherence, and cost allocation.

• Assist in risk assessment and development of risk-based audit plans.

6. ERP & Process Control

• Review ERP controls, user access rights, and segregation of duties (SOD).

• Verify accuracy of system postings related to production, inventory, and costing.

7. Reporting & Follow-up

• Prepare internal audit and compliance reports with risk grading and recommendations.

• Conduct exit meetings with factory and department heads.

• Track and report status of corrective and preventive actions (CAPA)