Internal Auditor

• At least 3 years
• The applicants should have experience in the following business area(s): Banks, Financial Technology (Fintech) Startup, Group of Companies, Telecommunication

• Bachelor/Honors

• At least 3 years
• The applicants should have experience in the following business area(s): Banks, Financial Technology (Fintech) Startup, Group of Companies, Telecommunication

• Age At least 28 years
• Only Male

Bachelor's or Master's degree in Accounting, Finance, Business Administration or a relevant discipline.

Professional qualifications such as CA (CC), ACCA, CMA, CIA, or relevant part-qualification will be an added advantage.

A. Finance & Accounts Audit

1. Review financial transactions, payment vouchers, journal vouchers, receipts, invoices and supporting documents.

2. Verify the accuracy and authenticity of financial records and accounting entries.

3. Examine cash and bank transactions, bank reconciliations, petty cash, and cash balances.

4. Review accounts payable, accounts receivable, advances and outstanding balances.

5. Verify proper authorization and approval of all financial transactions.

6. Examine expense claims, employee reimbursements and other operational expenditures.

7. Review monthly, quarterly, and annual financial statements and identify unusual variations.

8. Check the accuracy of fixed asset records, depreciation and asset disposal transactions.

9. Identify unauthorized payments, duplicate payments, fictitious expenses and financial irregularities.

10. Ensure compliance with approved budgets and financial policies.

B. Procurement & Purchase Audit

1. Review purchase requisitions, purchase orders, quotations, comparative statements and supplier selection procedures.

2. Verify compliance with the company's procurement policy and approval matrix.

3. Examine vendor selection, price competitiveness and procurement transparency.

4. Verify supporting documents for purchases and ensure proper authorization.

5. Review supplier agreements, contracts, and payment terms.

6. Check whether goods and services received match purchase orders and invoices.

7. Identify potential conflicts of interest, overpricing, duplicate purchases and unauthorized procurement.

8. Review vendor payments and outstanding supplier balances.

9. Ensure proper documentation and maintenance of procurement records.

C. Inventory & Store Audit

1. Conduct periodic physical verification of raw materials, finished goods, spare parts, and other inventory.

2. Reconcile physical stock with inventory records and ERP/software balances.

3. Review inventory receiving, issuing, transfer, and dispatch procedures.

4. Examine Material Receive Notes (MRR), Material Issue Notes (MIN), Delivery Challans, and Stock Transfer Notes.

5. Identify excess, obsolete, damaged, expired, and slow-moving inventory.

6. Review stock valuation methods and inventory adjustments.

7. Verify proper authorization for stock adjustments, write-offs, and disposal.

8. Investigate stock shortages, wastage, pilferage, and unexplained variances.

9. Evaluate warehouse security and inventory control systems.

D. HR & Administration Audit

1. Review employee recruitment, appointment, confirmation, promotion, transfer, and separation documentation.

2. Verify employee attendance, leave records, overtime, and payroll information.

3. Check salary structures, allowances, deductions, bonuses, and employee benefits.

4. Verify compliance with approved manpower budgets and organizational structures.

5. Examine employee files and ensure proper documentation.

6. Review final settlements, gratuity, provident fund, and other applicable employee benefits.

7. Verify compliance with the Bangladesh Labor Act, 2006, and Bangladesh Labor Rules, 2015, as amended and applicable.

8. Review administrative expenses, vehicle expenses, utility bills, security expenses, and office maintenance costs.

9. Identify ghost employees, duplicate payroll entries, unauthorized overtime, and payroll irregularities.

E. VAT & Tax Audit

1. Review VAT and tax-related records, returns, challans, invoices, and supporting documents.

2. Examine compliance with the Value Added Tax and Supplementary Duty Act, 2012, and applicable rules.

3. Verify VAT registration, BIN information, and applicable VAT documentation.

4. Review Mushak forms, including applicable VAT invoices, purchase records, sales records, and returns.

5. Verify proper deduction and deposit of Tax Deducted at Source (TDS) and VAT Deducted at Source (VDS), where applicable.

6. Review withholding tax calculations, payments, and supporting certificates.

7. Verify timely submission of VAT returns and income tax returns.

8. Review tax assessments, notices, audit objections, and correspondence with the National Board of Revenue (NBR).

9. Identify potential tax exposures, incorrect VAT treatments, and non-compliance.

10. Coordinate with the Finance & Accounts Department and external tax consultants regarding audit observations.

F. Regulatory & Statutory Compliance Audit

1. Monitor compliance with applicable laws, regulations, and statutory requirements in Bangladesh.

2. Review compliance with company policies, SOPs, delegated authorities, and management instructions.

3. Check applicable trade licences, environmental clearances, fire licences, factory licences, and other statutory approvals.

4. Verify timely renewal of licences, permits, registrations, and certificates.

5. Review compliance with applicable labour, tax, VAT, environmental, and company-related regulatory requirements.

6. Monitor compliance with Bangladesh Labor Act and other applicable employment regulations.

7. Identify regulatory risks and report non-compliance to management.

8. Maintain a compliance checklist and monitor statutory deadlines.

G. Operational & Management Audit

1. Conduct operational audits of different departments, factories, branches, and business units.

2. Evaluate the effectiveness of existing internal control systems.

3. Review departmental SOPs and identify process inefficiencies.

4. Examine production costs, wastage, consumption, and operational performance, where applicable.

5. Evaluate resource utilization and cost-control measures.

6. Identify opportunities to improve productivity and operational efficiency.

7. Assess risks associated with business processes and recommend improvements.

H. Fraud Detection & Investigation

1. Identify suspicious transactions, financial irregularities, and possible fraudulent activities.

2. Conduct preliminary investigations as assigned by management or the Audit Committee.

3. Examine suspected misuse of company funds, assets, and resources.

4. Collect and preserve relevant audit evidence.

5. Report significant irregularities through the appropriate reporting channel.

6. Maintain confidentiality and professional independence throughout investigations.

I. Audit Reporting & Follow-up

1. Prepare audit plans, audit programmes, working papers, and audit checklists.

2. Conduct audits according to approved audit schedules.

3. Prepare audit findings with supporting evidence and risk assessments.

4. Discuss audit observations with concerned department heads.

5. Submit audit reports with practical recommendations to management.

6. Follow up on implementation of audit recommendations.

7. Maintain an Audit Observation Register and track unresolved issues.

8. Highlight repeated irregularities and significant control weaknesses.

9. Submit periodic audit progress reports to the Head of Internal Audit and management.

• Salary Review: Yearly
• Festival Bonus: 3