Assistant Manager (Internal Audit)

Job Description

Title: Assistant Manager (Internal Audit)

Company Name: Fortress Developments Ltd

Vacancy: 1

Age: 28 to 50 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 6 years
• The applicants should have experience in the following business area(s): Real Estate, Developer, Real Estate Startup

• Bachelor of Business Administration (BBA) in Accounting & Information System
• Bachelor of Science (BSc) in Civil Engineering
• Bachelor of Business Administration (BBA) in Finance & Banking
• Master of Business Administration (MBA) in Accounting & Information System
• Master of Science (MSc) in Civil Engineering

CA / ACCA / CMA / CIA (partly or fully qualified)

• At least 6 years
• The applicants should have experience in the following business area(s): Real Estate, Developer, Real Estate Startup

• Age 28 to 50 years
• Only Male

Technical Knowledge & Skills:

Strong knowledge of internal auditing standards (IIA) and risk-based audit approaches

Good understanding of real estate operations, including:

Lease agreements and rent collection

Property management expenses and service charges

Construction and capital expenditure (CAPEX) controls

Property acquisition and disposal processes

Knowledge of local real estate laws, tax regulations, VAT/GST, and property-related compliance

Proficiency in accounting software, ERP/PMS systems, and Microsoft Excel

Ability to perform data analysis and identify irregularities

Analytical & Professional Skills:

Strong analytical, problem-solving, and investigative skills

Ability to assess internal controls, identify risks, and recommend improvements

High level of attention to detail and professional skepticism

Strong report writing and documentation skills

Communication & Interpersonal Skills:

Effective written and verbal communication skills

Ability to present audit findings clearly to senior management and audit committees

Ability to work independently and collaboratively with cross-functional teams

Personal Attributes:

High level of integrity, objectivity, and confidentiality

Ability to work under pressure and meet deadlines

Proactive, disciplined, and well-organized

Willingness to visit project sites and properties as required

Regulatory & Compliance Awareness:

Understanding of corporate governance, risk management, and compliance frameworks

Familiarity with company policies, delegation of authority (DOA), and SOPs

Core Responsibilities:

• Plan and execute risk-based internal audits covering operations, finance, compliance, and IT systems.

• Evaluate the effectiveness of internal controls over property acquisitions, sales, leasing, construction, and property management.

• Review financial records and transactions to ensure accuracy, completeness, and compliance with accounting standards and company policies.

• Assess compliance with laws, regulations, and contracts, including real estate regulations, zoning laws, lease agreements, and financing covenants.

Operational & Real Estate–Specific Audits

• Audit lease management processes (rent billing, collections, escalations, CAM charges, renewals, and terminations).

• Review property revenue and expense controls, including service charges, utilities, maintenance, and property taxes.

• Audit capital projects and construction costs, including contractor payments, change orders, and budget controls.

• Evaluate controls over property acquisitions and disposals, including due diligence, valuations, approvals, and documentation.

• Assess vendor management and procurement, including tendering, contracts, and payment approvals.

Risk Management & Governance

• Identify and evaluate operational, financial, and fraud risks specific to real estate activities.

• Review the effectiveness of risk management and corporate governance frameworks.

• Investigate suspected fraud, waste, or misuse of assets, including rental revenue leakage.

• Recommend process improvements to enhance efficiency and cost control.

Compliance & Policy Review

• Ensure adherence to company policies, delegation of authority, and ethical standards.

• Monitor compliance with tax regulations, including property tax, VAT/GST, and withholding taxes where applicable.

• Review compliance with loan agreements and investor reporting requirements.

Reporting & Follow-up

• Prepare clear and concise audit reports with findings, risk ratings, and actionable recommendations.

• Present audit results to senior management and audit committees.

• Track and follow up on management action plans to ensure timely remediation.

Systems & Data

• Review effectiveness of property management systems (PMS) and data integrity.

• Use data analytics to identify anomalies in rent, expenses, and contracts.

Advisory Role

• Provide independent advice on new projects, systems implementations, and process changes.

• Support external auditors and regulators during reviews and inspections.

• T/A,Mobile bill,Provident fund,Gratuity
• Salary Review: Yearly
• Festival Bonus: 3

Healthy working environment

Work life balance

Career growth opportunities