Internal Auditor

• Ensuring that QIMC’s operations are conducted in accordance with established and approved auditing and accounting standards and in accordance with approved processes and procedures;
• Leading or conducting performance, financial and compliance audit projects according to approved internal audit methodology for QIMC and subsidiaries;
• Providing key input into the development of QIMC’s annual audit plan;
• Reviewing operating efficiency and measures attainment of corporate objectives by various functions and business processes;
• Highlighting deviations from laid down standards to management for necessary corrective action and reviewing compliance with the same; and
• Maintaining all QIMC and professional ethical standards and working independently under general supervision with considerable latitude for initiative and independent judgment.

Operational:

• Assessing risks faced by the company and selecting areas for detailed audits annually;
• Preparing an Annual Audit Plan, as per selected functions to be audited, and presenting it to the Audit and Risk Committee for approval;
• Conducting Internal Audits as per approved Audit Plan and programs and identifying improvement opportunities;
• Leading the provision of compliance services in moderately complex/specialized areas of operations to ensure that adequate compliance and control exist in line with QIMC’s policies and procedures and regulatory requirements;
• Reviewing internal controls through audits and supporting the company to improve processes with the right controls in place;
• Preparing reports for the Audit and Risk Committee;
• Perform audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting auditee processes and procedures;
• Conduct interviews, review documents, develop and administer surveys, compose summary memos, and prepare working papers;
• Identify, develop, and document audit issues and recommendations using independent judgment concerning areas being reviewed;
• Communicate or assist in communicating the results of the audit and special projects via written reports and oral presentations to management;
• Pursue professional development opportunities, including training and professional association memberships;
• Recommend corrective actions, in case of discrepancies noted in order to ensure adherence to the internal audit strategy supporting QIMC’s business objectives;
• Perform investigations as and when required;
• Coordinate with External Auditors on all Audit assignments within QIMC; and
• Carry out all other duties in the area of Internal Audit services as and when requested by Board.