Assistant Manager/ Manager - Internal Control & Audit

Job Description

Title: Assistant Manager/ Manager - Internal Control & Audit

Company Name: Santic (Bangladesh) Co., LTD

Vacancy: 01

Age: At least 28 years

Job Location: Dhaka (Ashulia)

Salary: Negotiable

Experience:

• At least 7 years
• The applicants should have experience in the following business area(s): Garments, Dyeing Factory

• Bachelor of Business Administration (BBA) in Accounting
• Master of Business Administration (MBA) in Finance

CA CC from a reputed CA firm.

• At least 7 years
• The applicants should have experience in the following business area(s): Garments, Dyeing Factory

• Age At least 28 years
• Only Male

Internal Financial Audit:

• Audit financial statements, general ledgers, and subsidiary ledgers.

• Reconcile bank statements and verify cash handling across departments.

Payroll Audit:

• Check and verify monthly payroll, overtime, leave encashment, bonuses, benefits, and deductions.

• Ensure accuracy in final settlements, gratuity, maternity benefits, and statutory payments.

Procurement & Supplier Audit:

• Audit purchase requisitions, LPOs, comparative statements (CS), supplier invoices, and GRNs.

• Verify pricing, quantity, delivery, and payment terms in line with company policy.

• Conduct supplier background verification and site visits for authenticity checks.

• Visit local markets to conduct physical price verifications and benchmark supplier quotations against prevailing rates.

• Interview/testify suppliers (if required) to assess reliability, delivery capacity, and compliance with contract terms.

Inventory & Asset Audit:

• Conduct factory stock audits (central & sub-stores) – raw material, WIP, FG.

• Verify fixed asset registers, tagging, depreciation calculation, and disposal process.

Production Audit:

• Verify process-wise flow from Fabric Receipt → Cutting → Sewing → Finishing → Shipment.

• Audit sample consumption, fabric usage variance, and rejection/wastage trends.

• Review line balancing reports, target vs. achieved reports, and air shipment root causes.

Incentive & Performance Audit:

• Audit attendance-based and performance-based incentive schemes.

• Verify cash incentive records, festival bonus calculations, and disbursements.

BTB & Commercial Document Review:

• Check Proforma Invoices before BTB L/C opening.

• Review bill of exchange, import documentation, and reconcile BTB liabilities.

Compliance & Risk Management:

• Ensure internal controls comply with accounting standards, tax/VAT laws, labor laws.

• Identify operational risks, document findings, and recommend control improvements.

MIS Reporting:

• Prepare monthly audit observation reports and risk registers.

• Submit variance analysis and exception reports to the head of finance and MD.

Policy & SOP Review:

• Review existing internal control systems and develop standard operating procedures (SOPs).

• Conduct training for departments on internal control measures and audit preparedness.

Support External Audit & Due Diligence:

• Coordinate with statutory auditors and ensure timely submission of schedules and documentation.

• Salary Review: Yearly
• Festival Bonus: 2

• Earn Leave Encashment.

• As per company policy.