Audit Associate

Lahore University of Management Sciences; Lahore; On-site; PKR 900,000 - 1,500,000; Full time

Benefits offered by this job

Provident Fund

Group Life Insurance

EOBI Pension Scheme

Outpatient medical coverage for self &

In-patient Health Insurance for self,

Job summary

Lahore University of Management Sciences (LUMS) is seeking an Auditor to execute comprehensive financial, operational, value-based, and special audits aligned with the annual Audit Plan. The role includes analyzing processes, data, and documentation to identify risks, documenting workflows, and proposing corrective actions to enhance efficiency and reduce costs.

The successful candidate will communicate with management and the audit team and perform follow-ups to ensure audit recommendations are

Qualifications

• ACCA or a Bachelor's (Hons) degree from an HEC-recognised institution.

Responsibilities

• Execute financial, operational, value-based, and special audits as per the Audit Plan.
• Analyse process documentation, reports, data and flowcharts to assess risk.
• Document workflows using narratives, flowcharts and manuals.
• Identify control weaknesses and recommend corrective actions to improve efficiency and reduce costs.
• Conduct follow-up assessments to ensure implementation of audit recommendations.

Skills

Analytical thinking

Problem-solving

Communication skills

Interpersonal skills

Attention to detail

Independence

Education

ACCA or Bachelors (Hons)

Job description

The role is responsible for executing comprehensive financial, operational, value-based, and special audits as outlined in the annual audit plan. This position involves in-depth analysis and evaluation of organisational processes, data, reports, and documentation to assess risk and identify areas for improvement. The incumbent will document workflows through narratives, flowcharts, and manuals, highlight control weaknesses, and recommend corrective actions to enhance efficiency, mitigate risk, and reduce costs. The role requires maintaining effective communication with both management and the audit team and includes conducting follow-up assessments to ensure the successful implementation of audit recommendations.

Key Responsibilities

• Execute Financial/Operational/Value and special Audits according to the Audit Plan.
• Obtain, analyse, and evaluate process documentation, reports, data, flowcharts, etc.
• Document the processes in the form of process narratives, flowcharts, and process manuals.
• Identify control weaknesses, recommend measures for risk aversion, and cost savings.
• Conduct follow-up assessments to monitor the implementation of Audit recommendations.

Knowledge & Skills

• Ability to visualise the response to unexpected & challenging situations.
• Analytical & Problem-Solving Skills.
• Emotionally composed and intelligent approach.
• Strong interpersonal and intrapersonal skills to manage relationships with internal and external stakeholders.
• Creative & innovative aptitude to bring out-of-the-box ideas for value addition.

Behaviours

• Integrity
• Attention to Detail
• Analytical Thinking
• Independence and Objectivity
• Communication Skills
• Problem-Solving Ability
• Confidentiality

Qualifications

• ACCA, or a Bachelor's (Hons) degree from an HEC-recognised institution.

Experience

• Candidates with one year of relevant experience will be preferred.

What We Offer:

LUMS offers a dynamic work culture that encourages learning and innovation, skills development, and contribution to areas beyond your job role. You will have the opportunity to learn and interact with the best academic minds in Pakistan, as well as to work with highly experienced professionals.

We believe in the pursuit of knowledge, provide the freedom to explore across different disciplines and value the diverse expression of all community members for mutual learning and advancement.

LUMS offers competitive benefits to its academic and professional colleagues, including Provident Fund, Group Life Insurance, EOBI for Pension Scheme, Outpatient medical coverage for self and family, and In-patient Health Insurance for self, spouse, and dependent children.

The LUMS campus offers all the facilities and amenities of a world-class university, including a Sports Complex offering international standard courts for badminton, squash, tennis, basketball and volleyball, a FINA certified 25M swimming pool, and separate gyms for women and men. In addition to the LUMS Dining Centre, there is a variety of eateries across campus offering popular cuisines, a breathtaking mosque, a medical centre, the LUMS Library, car parking as well as transport facilities for females, and a professionally run Day Care Centre for children of community members.

Discounts

LUMS also provides a wide range of corporate discounts and internal educational discounts to its community as a token of each member’s value to our community. Our internal educational discounts include waiver of undergraduate tuition fees for employees’ children studying at LUMS, scholarships for master’s programs in several schools, and executive development programs offered by the nationally recognised Rausing Executive Development Centre (REDC).

LUMS is an equal opportunity employer.

We celebrate diversity and are committed to building an inclusive workplace for all our employees.

We do not discriminate on the basis of gender, race, religion, caste, ethnicity, age, non-disqualifying physical or psychological disability or social status.