Manage and direct the activities of the internal audit department. Prepare an annual audit plan and budget. Ensure that the current practices and procedures of the company are in accordance with the countrys laws and regulations. Develop and update audit programs and checklists; develop and recommend implementation of forms, system and procedures to carry out responsibilities and accomplish goals of Internal Audit Department. Coordinate coverage of audit activities with the regulators and other independent outside auditors and participate in the annual and semi- annual auditors exit interview to find out concerns and deficiencies