Executive / Sr. Executive – Internal Audit

Job Description

Title: Executive / Sr. Executive – Internal Audit

Company Name: Israq Spinning Mills Ltd.

Vacancy: 4

Age: 28 to 40 years

Job Location: Dhaka (GULSHAN 2), Gazipur (Sreepur)

Salary: Negotiable

Experience:

• 2 to 4 years
• The applicants should have experience in the following business area(s): Spinning, Textile

• Bachelor of Business Administration (BBA) in Accounting, Finance, Management, or a relevant discipline.
• Master of Business Administration (MBA) in Accounting, Finance, Management, or a relevant discipline.

• 2 to 4 years
• The applicants should have experience in the following business area(s): Spinning, Textile

• Age 28 to 40 years

• Good understanding of spinning mill operations and manufacturing processes will be an advantage.

• Strong analytical, reporting and problem-solving skills.

• Good command of MS Excel, MS Word and other MS Office applications.

• Ability to analyze large volumes of data and identify discrepancies.

• Strong communication and interpersonal skills.

• Ability to work independently and conduct factory visits/audits as required.

• Willingness to work at both Head Office and Factory locations. 

Ahmed Group, a reputed leading figure in the textile industry of Bangladesh is looking for experienced professional for the position of Executive / Sr. Executive (Internal Audit) for Head Office / Factory.

Job Responsibilities:

• Conduct regular internal audits of Head Office and factory operations to ensure compliance with company policies, procedures, and internal controls.

• Conduct operational and process audits across different departments, including Production, Store, Maintenance, Sales & Marketing, Utility, Quality, HR & Admin, Accounts & Finance, Commercial, Procurement and Security.

• Review production records, raw material consumption, wastage, stock movement, inventory records and related supporting documents.

• Verify physical stock of cotton, yarn, packing materials, spare parts, consumables and other inventory against system records and documents.

• Review material receiving, issuing, transfer, return and adjustment procedures and identify discrepancies.

• Monitor production-related records and analyze variances in raw material consumption, production output, waste, efficiency and loss.

• Audit stores and inventory management systems to identify excess, shortage, slow-moving, obsolete or unauthorized stock.

• Review purchase requisitions, purchase orders, quotations, bills, invoices and supporting documents to ensure proper authorization and compliance with company procedures.

• Conduct surprise checks and physical verification of cash, inventory, fixed assets, machinery, tools and other company resources where required.

• Review departmental processes to identify financial, operational, compliance and control risks.

• Identify control weaknesses, irregularities, process gaps and potential fraud risks and recommend corrective measures.

• Prepare detailed audit reports highlighting findings, root causes, risks and recommendations.

• Follow up on previous audit observations and monitor implementation of corrective and preventive actions.

• Coordinate with concerned department/unit heads regarding audit observations and obtain necessary explanations and supporting documents.

• Ensure proper documentation and maintenance of audit working papers, checklists and supporting evidence.

• Assist in developing and updating internal audit checklists, SOPs, control procedures and risk-based audit programs.

• Analyze operational data and prepare management reports highlighting significant deviations and risk areas.

• Conduct compliance audits to ensure adherence to company policies, applicable laws, rules and regulatory requirements.

• Perform any other audit-related responsibilities assigned by management.

• Mobile bill
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2

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