Assistant Manager - Internal Audit

• At least 8 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Plastic/ Polymer Industry, Paper

• Chartered Accountancy Course Complete (CA-CC) with Master's Degree in Accounting, Management, Finance or relevant discipline.

• At least 8 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Plastic/ Polymer Industry, Paper

• Minimum 8 years of relevant professional experience in Internal Audit, Internal Control and Risk Management.

• Experience in manufacturing, industrial or publicly listed companies will be highly preferred.

• Proven experience in developing organizational policies, SOPs and internal control systems.

• Strong knowledge of internal control frameworks, risk management and corporate governance.

• Ability to develop policies and implement control systems across multiple departments and Strong analytical, investigative and problem-solving skills.

• Ability to communicate audit findings effectively to senior management and the Audit Committee.

Context:

Hakkani Pulp & Paper Mills PLC. A Publicly Listed Company

Department: Internal Audit, Internal Control & Compliance

Job Location: Corporate Office, Chattogram, with regular visits to Factory and where necessary.

Reporting To: Managing Director, Chairman, Board of Directors and Audit Committee (as applicable)

Job Purpose

The Assistant Manager of Internal Audit, Internal Control & Compliance will be responsible for developing, establishing, implementing and monitoring comprehensive policies, procedures, systems and internal control mechanisms across all departments and operational units of the Company.

The incumbent will act as a key strategic assurance and control professional, safeguarding company assets, preventing fraud and irregularities, identifying operational and financial risks, and ensuring accountability and transparency throughout the organization.

Key Responsibilities

• Develop comprehensive policies, procedures, rules and operational guidelines for all departments of the Company.

• Review existing departmental policies and identify gaps, weaknesses and areas requiring improvement.

• Establish clear roles, responsibilities, approval hierarchies and accountability mechanisms for each department.

• Ensure that all departmental policies are properly documented, approved by competent authority and effectively communicated.

• Design, implement and continuously monitor an effective internal control system throughout the organization.

• Ensure proper controls over procurement, inventory, production, sales, distribution, accounts, finance, human resources, administration, stores and other functional areas. Monitor compliance with approved budgets, financial procedures and management decisions.

• Develop and maintain a comprehensive Enterprise Risk Management (ERM) framework and Identify, assess, evaluate and monitor financial, operational, strategic, compliance and fraud-related risks.

• Recommend appropriate risk mitigation strategies to management and the Audit Committee.

• Prepare annual risk-based internal audit plans covering all departments and operational activities.

• Conduct regular and surprise audits, inspections and compliance reviews as well as examine financial transactions, accounting records, supporting documents and operational activities. Conduct audits of procurement, inventory, production, sales, receivables, payables, payroll, fixed assets and cash management.

• Review financial management systems and accounting procedures to ensure accuracy and reliability.

• Monitor inventory management, raw material consumption, production wastage and finished goods movement. Review procurement procedures, supplier selection, purchase orders and payment authorization.

• Examine sales transactions, credit policies, customer balances and receivable collection procedures. Review cost control measures and identify opportunities to reduce operational inefficiencies and financial losses.

• Prepare and submit periodic internal audit and internal control reports to the Managing Director, Board of Directors and Audit Committee.