Head - Internal Audit

Job Description

Title: Head - Internal Audit

Company Name: Homeland Life Insurance Co. Ltd.

Vacancy: 1

Age: 35 to 50 years

Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:
∎ 10 to 15 years
∎ The applicants should have experience in the following business area(s):Insurance

Published: 27 Jan 2025

Education:
∎ Master of Commerce (MCom)
∎ The applicants should have experience in the Life Insurance.
∎ The applicants should have experience in the Life Insurance.

Requirements:

Additional Requirements:
∎ Age 35 to 50 years

Responsibilities & Context:
∎ Be responsible for smooth functioning and leading of Internal Audit Department of the company.
∎ Determine internal audit scope and develop annual plans.
∎ Evaluating existing internal controls and procedures to ensure company has adequate controls and systems to safeguard its assets.
∎ Obtain, analyses and evaluate accounting documentation, data, flowcharts, etc.
∎ Identify gaps and recommend risk aversion measures and cost savings.
∎ Engage to continuous knowledge development regarding sector's rules, regulations, best practices, tools, techniques and performance standards.
∎ Conduct compliance audit to ensure all the departments are adhering to stipulated regulatory and reporting guidelines.
∎ Ensure day to day payments and financial & management activities of the company are as per rules and accurately supported by laws.
∎ Prepare and Audit Financial Statements as per requirements of regulators (BAS, IAS etc).
∎ Ensure that FS are prepared as per IFRS & BFRS.
∎ Ensure the related compliances including Taxes, VAT, IDRA requirements etc.
∎ Carry out other responsibilities assigned by the Board.
∎ An opportunity for an outstanding individual with a proven track record, exceptional communication and analytical skills to join the company as an Internal Auditor to:
∎ Be responsible for smooth functioning and leading of Internal Audit Department of the company.
∎ Determine internal audit scope and develop annual plans.
∎ Evaluating existing internal controls and procedures to ensure company has adequate controls and systems to safeguard its assets.
∎ Obtain, analyses and evaluate accounting documentation, data, flowcharts, etc.
∎ Identify gaps and recommend risk aversion measures and cost savings.
∎ Engage to continuous knowledge development regarding sector's rules, regulations, best practices, tools, techniques and performance standards.
∎ Conduct compliance audit to ensure all the departments are adhering to stipulated regulatory and reporting guidelines.
∎ Ensure day to day payments and financial & management activities of the company are as per rules and accurately supported by laws.
∎ Prepare and Audit Financial Statements as per requirements of regulators (BAS, IAS etc).
∎ Ensure that FS are prepared as per IFRS & BFRS.
∎ Ensure the related compliances including Taxes, VAT, IDRA requirements etc.
∎ Carry out other responsibilities assigned by the Board.

Skills & Expertise:

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Read Before Apply:

Apply: Interested applicants are requested to send the application along with a cover letter & 2 pp size recent photograph to the Head of Human Resources Department at the following address.

Human Resource Division

Homeland Life Insurance Company Ltd.Ellal Chamber (2nd Floor), 11 Motijheel C/A, Dhaka-1000. Or send CV to the E-mail: [email protected]