Head of Internal Audit and Compliance

Job Description

Title: Head of Internal Audit and Compliance

Company Name: A Reputed Multinational Company

Vacancy: --

Location: Dhaka

Salary: Negotiable

Experience:
∎ At least 5 years
∎ The applicants should have experience in the following business area(s):Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry), Audit Firms /Tax Consultant, Cement Industry, Paint, Steel

Published: 28 Jan 2025

Education:
∎ Bachelor of Business Administration (BBA), Master of Business Administration (MBA)

Requirements:

Additional Requirements:
∎ High level of accuracy and attention to detail in financial reporting, analysis, internal audit, control, and compliance management.
∎ In-depth understanding of local and international financial regulations and compliance requirements.
∎ Proficiency in English.
∎ Master’s/Bachelor's in Finance, Accounting, or related field.
∎ CA (Partly Qualified) or Chartered Accountant.
∎ 5+ years in internal audit and compliance.
∎ Strong knowledge of company law, financial regulations, accounting standards, and regulatory compliance.
∎ Proven leadership, analytical, and communication skills.
∎ Strong attention to detail with a commitment to ethics and confidentiality.
∎ Proficient in financial management software.
∎ Advanced Microsoft Excel skills are essential.
∎ High level of accuracy and attention to detail in financial reporting, analysis, internal audit, control, and compliance management.
∎ In-depth understanding of local and international financial regulations and compliance requirements.
∎ Proficiency in English.
∎ Master’s/Bachelor's in Finance, Accounting, or related field.
∎ CA (Partly Qualified) or Chartered Accountant.
∎ 5+ years in internal audit and compliance.
∎ Strong knowledge of company law, financial regulations, accounting standards, and regulatory compliance.
∎ Proven leadership, analytical, and communication skills.
∎ Strong attention to detail with a commitment to ethics and confidentiality.
∎ Proficient in financial management software.
∎ Advanced Microsoft Excel skills are essential.

Responsibilities & Context:
∎ Develop and implement the annual Internal Audit plan to assess internal controls, financial & operational information, and recommend process improvements.
∎ Conduct audits, identify inefficiencies, and suggest cost-saving opportunities.
∎ Evaluate compliance with corporate policies, accounting principles, and relevant legislation.
∎ Collaborate with business process owners to implement audit recommendations.
∎ Attend Audit Committee meetings, present findings, and follow up on action plans.
∎ Investigate fraud, theft, and wastage, and recommend preventive controls.
∎ Review financial statements in compliance with IFRS, IAS and Bangladesh Securities Exchange Commission guidelines.
∎ Cooperate with external auditors and Group Internal Audit (GIA) on financial audits.
∎ Oversee asset safeguarding, inventory stock-taking, and special project audits.
∎ Facilitate risk management processes, maintain a risk register, and monitor progress.
∎ Conduct random checks on bank and petty cash vouchers to detect fraud.
∎ Ensure compliance with government regulations, company policies, and Health & Safety standards.
∎ Carry out additional tasks as assigned by management or the Board of Directors.
∎ Job Context:
∎ Direct and execute strategic audits for the company, ensuring regulatory compliance and operational integrity. Develop annual audit plans, evaluate controls, and provide actionable recommendations for process enhancement. Lead implementation of findings, conduct fraud investigations and drive compliance with policies and regulations. Safeguard assets, manage risk registers, and address emerging challenges aligning with company goals.
∎
∎ Key Responsibilities:

Skills & Expertise:

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ A Reputed Multinational Company

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 17 Feb 2025

Category: Accounting/Finance