General Manager, Audit

Job Description

Title: General Manager, Audit

Company Name: Jamuna Group

Vacancy: --

Age: At least 40 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 17 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry), Garments, Textile, Group of Companies, Spinning, Shopping mall

• Master of Business Studies (MBS) in Accounting
• Master of Business Administration (MBA) in Accounting

• At least 17 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry), Garments, Textile, Group of Companies, Spinning, Shopping mall

• Age At least 40 years
• Only Male

• Strong knowledge of internal auditing standards and financial regulations.
• Expertise in risk management, compliance and internal controls.
• Leadership and team management capability.
• High level of integrity and professional ethics.

Job Summary

The General Manager – Audit is responsible for leading the internal audit function across all business units of Jamuna Group.

The incumbent will be responsible for providing independent assurance on the effectiveness of internal controls, risk management, financial and operational processes, compliance, governance and overall business efficiency.

The position will work closely with senior management and business heads and will conduct audits across Jamuna Group as well as individual concerns.

Key Responsibilities –

• Lead and oversee the Internal Audit function for Jamuna Group and its business concerns.

• Develop and implement a comprehensive annual and risk-based internal audit plan covering financial, operational, commercial, sales, distribution, inventory, procurement, HR, IT and other relevant functions.

• Conduct regular audits of manufacturing plants, warehouses, depots, distribution channels, showrooms/plazas, corporate offices and other business locations.

• Review the adequacy and effectiveness of internal controls, policies, procedures and approval processes.

• Identify operational, financial, compliance and process-related risks and recommend appropriate corrective measures.

• Review financial transactions, accounting records, expenses, revenue, receivables, inventory, procurement and other key business processes.

• Conduct audits of sales and distribution operations, including dealer/distributor management, collection, credit control, stock movement, sales incentives and related processes.

• Review inventory management, stock reconciliation, physical verification and inventory loss/shrinkage.

• Audit showroom/plaza operations, including sales, cash collection, stock, expenses, documentation and compliance.

• Review procurement and vendor-related processes to identify control weaknesses, irregularities and potential financial risks.

• Conduct special investigations and management-directed audits whenever required.

• Identify process gaps, control weaknesses, irregularities, fraud risks and instances of non-compliance.

• Prepare detailed audit reports highlighting findings, root causes, risk implications and practical recommendations.

• Follow up on audit observations and ensure implementation of agreed corrective actions.

• Present significant audit findings and recommendations to Top Management / Management Committee / relevant authority.

• Develop and maintain appropriate audit methodologies, checklists, working papers and reporting standards.

• Ensure audit activities are conducted objectively, professionally and in accordance with applicable laws, policies and organizational standards.

• Lead, guide and develop the Internal Audit team and ensure effective utilization of audit resources.

• Coordinate with Finance, Accounts, Sales, Commercial, Supply Chain, HR, IT, Manufacturing and other departments during audit assignments.

• Monitor recurring audit findings and recommend systemic solutions to prevent recurrence.

• Ensure confidentiality and integrity of all audit-related information and records.

• Competitive remuneration package as per company policy.

• Other facilities as per company policy.