Internal Audit Director

Strategy

• Provide independent assurance on implementation of the strategy in line with CHG vision, mission and Business Focus Areas.

Business Continuity

• Take responsibility for ensuring the resilience of the businesses in the event of a crisis/disaster with an ‘adequate, comprehensive, current and valid’ Business Continuity Management system.

Budgets & Plans

• Direct the preparation and consolidation of Internal Audit budget and monitor financial performance versus the budget so that the Group is aware of anticipated costs /revenues, areas of unsatisfactory performance are identified, and potential performance improvement opportunities are capitalized upon.

Internal Audit Management and Reporting

• In agreement with the Audit Committee, develop and execute long-term audit plans with a detailed breakdown of Business Cycles / Processes by identifying audit areas, reviewing the risk register to provide an independent review and assessment of degree of compliance and adequacy of company policies and procedures.

• Evaluate any plans or actions taken to correct reported conditions for satisfactory improvement of the business process. If the improvement is considered unsatisfactory, see that further discussions are held to achieve satisfactory disposition. Validate the improvement action once management asserts that the matter has been completed.

• Participate as an advisor in the planning, design, development, and implementation of major new business processes to determine whether:

     o Adequate controls are incorporated in the processes;

     o Ensure audit findings and recommendations were incorporated in the process design; and systems        documentation is complete and accurate.

• Conduct periodic audits of IT operations and make post installation evaluations of major IT systems to determine whether these systems accomplish their intended purposes and objectives and have been implemented on time and within budget.

Develop ICQs (Internal Control Questionnaires) to obtain a good understanding of Business Cycles / Processes and use it to develop sound internal control programs.

• Ensure compliance for procurement processes for goods and services in place and followed and that process is in-line with best practices and governance standards

• Ensure Company’s Assets are properly recorded and protected. For this purpose, oversee periodic physical counts

• Responsible for arranging and supervising Inventory counts of Products and Variance analysis

• Oversee the development of audit findings reports, ensuring accuracy, completeness and validity of issues identified in a timely manner.

• Promptly report the results of examinations made by the internal auditors and their resulting opinions and recommendations to management to ensure that appropriate action is taken with respect to any deficiency noted.

Master Files

• Review set up of Product, Vendor and Customer Master Files for authorization and completeness

• Review changes to the above through Weekly System Exception / Control Reports and sign off

Access Rights

• Review user access set up and recommend changes if required

• Automate to receive Weekly System Exception / Control Reports and sign off

External Audit

• Coordinate and interact with external auditors, shareholders auditors, state auditors and professional bodies as needed, to maintain efficient relationships and protect CHG’s interests.

Ad-hoc Audits

• Oversee the implementation of crucial or ad-hoc audits whenever necessary, e.g. investigations of alleged financial mismanagement, conflict of interest, loss of assets or other irregularities, to provide high-level of vigilance to the Audit Committee and insight to CHG senior management.