Experience
- 12 to 15 years
- The applicants should have experience in the following business area(s): Garments, Agro based firms (incl. Agro Processing/Seed/GM), Group of Companies
Education
BBA / MBA in Finance / Accounting.
Candidates with FCA, CACC, or ICMA qualifications will be given preference.
Requirements
- 12 to 15 years
- The applicants should have experience in the following business area(s): Garments, Agro based firms (incl. Agro Processing/Seed/GM), Group of Companies
Skills Required
Additional Requirements
- Age At most 45 years
- Only Male
Self-motivated & result oriented·
Leadership & Organizing skills·
Used to in MS office Suits with Microsoft Power BI·
The candidate needs to Lead Audit Team and perform audit related job activities of the Large Group under the supervision of the department head.
Responsibilities & Context
Position Overview
We are seeking an experienced and highly professional individual to lead our Internal Audit function. The Head of Internal Audit will be responsible for ensuring the effective implementation of risk-based audit strategies, evaluating the organization’s internal control systems, and promoting a culture of transparency, compliance, and operational excellence. This role requires a deep understanding of Bangladeshi regulatory requirements, global best practices, and the ability to communicate effectively with senior management and the Board of Directors.
1.Audit Strategy and Planning
Yearly Audit Planning & Budgeting for MGI
Develop and implement a comprehensive risk-based internal audit plan in alignment with organizational goals and regulatory requirements.
Ensure audits are conducted efficiently and in compliance with professional standards (e.g., IIA Standards). In Head office and others units of this group are located different districts of Bangladesh.
Yearly audit strategy signs off
2.Internal Audit Execution
Lead and oversee all internal audit engagements, including financial, operational, and compliance audits.
Identify control weaknesses, potential risks, and areas for improvement and provide actionable recommendations.
Conduct special investigations and reviews as required by the management.
3.Budget and Budgetary Control
Preparation of Monthly and Yearly budget so that the company can control expenses.
Monitoring and controlling the budget as if company spends does not exceed the amount make by budget.
Budget variance with actual expenses at the month and year end.
Analysis the budget variance to find out the reason for variance.
4.Compliance and Risk Management
Ensure timely completion of pre- audits in accordance with the approved SOPs.
Ensure compliance with the latest applicable regulatory requirements and standards in Bangladesh.
Monitor and assess the organization’s risk management framework and provide independent assurance to stakeholders.
5.Reporting and Communication
Prepare and present detailed audit reports to the Board of Directors, Audit Committee, and Senior Management.
Maintain clear and open communication channels with all stakeholders, ensuring transparency and prompt issue resolution.
Ensure Weekly and Monthly MIS Report Submission.
Monthly MIS on audit report.
Monthly Accounts Review.
6.Leadership and Team Management
Lead, mentor, and develop the Internal Audit team to enhance their technical and professional skills.
Foster a culture of integrity, objectivity, and continuous improvement within the organization.
7.Technology and Innovation
Leverage audit tools and data analytics to enhance the effectiveness and efficiency of audit process.
Stay updated on emerging technologies, risks, and best practices in internal audit and governance.
8.Development
Identifying the improving control parameters and implementing the internal control system.
Ensure new process development in the operations activities
Process Loss verification in the production unit
Grooming & Developing Second in line Leadership at Audit Department
Retaining and developing team members within the department
Job Other Benifits
- Mobile bill,Insurance
- Lunch Facilities: Full Subsidize
- Salary Review: Yearly
- Festival Bonus: 2
Others as per company policy