Head of Internal Audit

Job Description

Title: Head of Internal Audit

Company Name: Al-Manar Hospital Limited

Vacancy: --

Age: 30 to 45 years

Job Location: Dhaka (Mohammadpur)

Salary: Negotiable

Experience:

• At least 5 years
• The applicants should have experience in the following business area(s): Hospital

• Masters

• At least 5 years
• The applicants should have experience in the following business area(s): Hospital

• Age 30 to 45 years

Key Competencies

• Strong understanding of internal controls and risk management
• Problem-solving and analytical thinking
• Excellent written and verbal communication
• Ability to work independently and objectively
• Leadership and team development
• Sound judgment and decision-making
• Integrity, confidentiality, and professionalism

Additional Requirement

• Strong expertise in auditing practices and compliance with relevant legal and regulatory frameworks.
• Candidate must have to be smart, energetic and dynamic
• Strong analytical capability supported by meticulous attention to detail.
• Must have comprehensive knowledge of accounting software and be proficient in office application tools.

Position Overview

The Head of Internal Audit will lead the internal audit function of Al-Manar Hospital Ltd. and its affiliated institutions, ensuring integrity, transparency, and accountability across all financial and operational activities. The position requires strategic oversight, risk assessment, and strong leadership to uphold institutional governance and compliance standards.

Key Responsibilities

Audit Planning & Strategy

• Develop and implement the Annual Internal Audit Plan based on risk assessment and organizational priorities.

• Determine audit scope, objectives, methodologies, and resource requirements.

• Ensure alignment of audit strategies with hospital goals and regulatory requirements.

Financial & Operational Audit

• Conduct financial audits covering accounts, billing, procurement, inventory, payroll, and asset management.

• Review compliance with hospital policies, SOPs, financial standards, and applicable laws.

• Verify the accuracy and integrity of financial records, transactions, and reporting.

Compliance & Regulatory Assurance

• Ensure the hospital adheres to statutory laws, tax regulations, licensing requirements, insurance guidelines, HR rules, and hospital regulatory standards.

• Conduct compliance checks on clinical, administrative, and financial processes.

• Report deviations and recommend corrective actions.

Procurement & Supply Chain Audit

• Examine procurement processes, vendor selection, quotation management, purchase orders, and contract compliance.

• Audit stock levels, inventory management, material issuance, and wastage control.

• Identify cost-leakages and opportunities for process improvement.

Billing & Revenue Cycle Audit

• Audit patient billing accuracy, insurance claims, discount approval processes, refunds, and receivables management.

• Detect billing discrepancies, revenue leakage, and non-compliance in documentation.

• Review the performance and integrity of revenue cycle operations.

Risk Management & Internal Control

• Identify strategic, financial, operational, clinical, and compliance risks across the organization.

• Evaluate internal control effectiveness and recommend improvements.

• Develop risk prevention strategies and ensure implementation of corrective measures.

Frand Detection & Investigation

• Conduct special investigations into suspected fraud, misappropriation, or policy violations. Coordinate with the MD and HR on disciplinary matters arising from audit findings.

• Maintain strict confidentiality and independence in investigative work.

Reporting & Documentation

• Prepare comprehensive audit reports with findings, risks, and practical recommendations.

• Present audit results to the Managing Director and/or Board Audit Committee.

• Track implementation of audit recommendations and conduct follow-up audits.

Team Leadership & Coordination

• Lead and guide internal audit team members, assigning tasks and monitoring performance.

• Develop auditing procedures and ensure ongoing training of audit staff.

• Coordinate audits with external auditors and regulatory inspectors when required.

Continuous Improvement

• Review and upgrade audit tools, checklists, and methodologies.

• Promote a culture of accountability, transparency, and ethical behavior across the hospital.

• Recommend system enhancements, process automation, and policy amendments to strengthen controls.