Head of Audit
Job Description
Title: Head of Audit
Company Name: Anwar Group of Industries.
Vacancy: 01
Job Location: Dhaka (Motijheel)
Employment Status: Full-time
Educational Requirements:
∎ Bachelor's or Master's degree in Accounting/Finance.
∎ Professional Certification: Qualified Chartered Accountant (FCA)
Experience Requirements:
∎ At least 10 year(s)
∎ The applicants should have experience in the following area(s):
AUDIT AND INSPECTION, Company ACT 1994, Compliance Audit, IAS and IFRS, Internal Audit
Job Responsibilities:
∎ Internal Audit Strategy and Planning:
∎ Develop and implement a comprehensive internal audit strategy aligned with the company's goals and objectives.
∎ Establish annual audit plans and schedules, considering risk priorities and emerging areas of concern.
∎ Identify key audit areas, design audit programs, and ensure adequate coverage of critical processes and controls.
∎ Continuously assess and enhance the internal audit methodology, tools, and techniques to meet evolving business needs and industry best practices.
∎ Lead the operations of planning, organization, direction, and control of audits for the Company; develop risk-based audit objectives, design audit programs and schedules, including audit hours necessary for timely completion of audits.
∎ Perform audits on regular purchases, cash flow, inventory, tracking inventory, manufacturing settings etc. in a professional manner.
∎ Ensure audit programs achieve objectives to safeguard company assets and ensure compliance with and stay informed of all policies, procedures, laws/regulations applicable to the job
∎ Risk Assessment and Control Evaluation:
∎ Conduct risk assessments to identify and evaluate potential risks and control gaps across the organization.
∎ Determine the adequacy and effectiveness of internal controls, ensuring compliance with regulatory requirements and industry standards.
∎ Monitor emerging trends, regulations, and changes in the business environment to proactively identify potential risks and develop appropriate mitigation strategies.
∎ Collaborate with management to implement efficient and effective control processes and procedures.
∎ Audit Execution and Reporting:
∎ Lead and manage the execution of internal audit engagements, including scoping, planning, fieldwork, and reporting.
∎ Conduct detailed audits of financial statements, operational processes, compliance activities, and IT systems.
∎ Review and evaluate the effectiveness of controls, identify weaknesses, and make recommendations for improvement.
∎ Prepare comprehensive audit reports, highlighting findings, risks, and recommendations for remediation.
∎ Present audit findings and recommendations to senior management and the board of directors, facilitating discussions on control deficiencies and remediation plans.
∎ Make recommendations to management to mitigate risk in the areas of preventative actions, policies, procedures, documentation, or capitalizing upon other opportunities where the Company can improve upon its operations and internal control.
∎ Stakeholder Engagement and Relationship Management:
∎ Collaborate with management and other stakeholders to foster a culture of risk management and control consciousness throughout the organization.
∎ Build strong working relationships with business units, providing guidance and advice on internal control matters.
∎ Serve as a trusted advisor to senior management and the board of directors on internal audit matters.
∎ Initiate and maintain close contacts with regulatory agencies and/or industry/professional organizations to keep aware of trends and initiatives in quality assurance, ISA/IFRS/Tax/VAT/Company Act compliance, and inspections.
∎ Team Leadership and Development:
∎ Recruit, develop, and manage a high-performing team of internal auditors, providing guidance, coaching, and performance feedback.
∎ Foster a culture of continuous learning and professional development within the internal audit function.
∎ Establish clear objectives and performance metrics for the team, ensuring the timely completion of audit assignments.
∎ Promote ethical conduct, independence, and objectivity within the internal audit function.
∎ Others:
∎ Maintain advanced knowledge and awareness of financial industry audit control and trends.
∎ Oversee special projects and/or investigations as they arise management by objection.
∎ Seek ways to improve the Company's internal audit practice, audit program approaches, audit efficiencies, and ongoing effectiveness.
∎ Work closely with other teams to assure common understanding of developing interpretations of the various audit
∎ Ensure that the proper level of staff training including professional certifications is maintained in order to comply with audit standards.
Additional Requirements:
∎ Age at least 36 years
∎ Extensive experience in internal audit, including a track record of leading and managing audit engagements, auditing techniques, accounting, and management systems.
∎ Knowledge of relevant laws, rules and regulations, auditing standards and procedures and industry best practices.
∎ Great understanding of the concepts and practices of organizational activities.
∎ Strong knowledge of auditing standards, risk assessment methodologies, and internal control frameworks.
∎ Excellent analytical, problem-solving, and decision-making skills.
∎ Effective communication and interpersonal skills to interact with stakeholders at all levels of the organization.
∎ Ability to work independently and prioritize multiple tasks in a dynamic environment.
∎ Proficiency in using audit management software and data analytics tools.
Salary: Negotiable
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 31 Jul 2023
Company Information:
∎ 12 Jul 2023
∎ Anwar Group of Industries.
∎ Address : Baitul Hossain Building (14th Floor), 27, Dilkusha C/A, Dhaka-1000
∎ Web : www.anwargroup.com
Category: Accounting/Finance
:
Source: bdjobs.com
Deadline Expired on 31st Jul 2023
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