Head of Internal Audit & Compliance

Job Description

Title: Head of Internal Audit & Compliance

Company Name: Runner Group

Vacancy: 1

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Business Graduate/Post Graduate from reputed university
∎ CA / CMA / ACCA qualified will be preferable

Experience Requirements:
∎ At least 8 year(s)
∎ The applicants should have experience in the following area(s): Audit, Compliance Audit, Internal Audit, Statutory
∎ The applicants should have experience in the following business area(s): Audit Firms /Tax Consultant, Automobile, Electronic Equipment/Home Appliances, Group of Companies, Manufacturing (FMCG), Multinational Companies

Job Context:
∎ To complete the audit programs within annual budgeted costs.
∎ To perform audit of internal and external data to identify and manage fraud, error and/or waste.
∎ To ensure completion of audit work and production of quality reports for improvement.
∎ To satisfy customers by providing reports on timely basis.
∎ To ensure development activities for employee knowledge & skill improvement.
∎ To generate and implement ideas and learning exercise to contribute to the development of Runner.

Job Responsibilities:
∎ Develop yearly budget plan for Audit department and maintain the budget.
∎ Supervise to ensure that all audit programs are executed in an efficient and effective manner, within the given budget and timeline and in line with Group Internal Audit methodology.
∎ Execute all especial assignment or investigation recommended by the management and/or Audit committee.
∎ Ensure regular and surprise audit of the concern units.
∎ Review the process to ensure that company Tax or VAT is submitted and maintained properly by each company accounts.
∎ Review the process to ensure financial and regulatory compliances to assist the management in identifying the loopholes in the financial management and suggest the improvements.
∎ Review and monitor the development and implementation of internal control.
∎ Ensure the unrestricted access to documents/records/persons from whom the auditor determines it is necessary to obtain audit evidence.
∎ Ensure risks are appropriately identified, discussed and timely remediation plans are put in place.
∎ Update the relevant assigned risk assessments on a regular basis to ensure that changes in risk profiles are identified in a timely manner.
∎ Establish and maintain effective working relationships with the management of business units which fall under risk assessment responsibility.
∎ Establish good working relationships to help the businesses improve the control environment and keep updated with changes in the business impacting their risk profile.
∎ Raise issues and observations outside of formal audit work in respect of the business to expedite rectification of control weaknesses.
∎ Explain the risks and impact of issues identified during auditing to audit committee and business Management.
∎ Track the implementation/delivery of the agreed issues and action plans for the audits assigned, understanding the key risks arising, provide advice on resolution of issues to action plan owners and escalate audit findings that remain unresolved.
∎ Identify the training needs of the team in consultation with the line supervisor and ensure necessary job training to assist line supervisor for designing, developing promotional strategy in collaboration with HR Department.
∎ Ensure proper job training of the team and arrange substitute to perform the duties in absence of any team member.
∎ Evaluate the performance of the subordinates and forward to HR Department for necessary action with direction of the supervisor.
∎ Ensure proper maintenance of related necessary records and registers.
∎ Approve TA & DA and other recurring expenses of the employees of the department.

Additional Requirements:
∎ Age 30 to 45 years
∎ Both males and females are allowed to apply
∎ At least 8 year(s) working experience with 03 years in Leadership position.
∎ Smooth in TALLY Software operation, Proficiency in MS Office & ERP System.
∎ Well conversant with statutory audits,Compliance, Tax audits and Internal Audits
∎ Strong analytical abilities, leadership skill & passion to grow.
∎ Should be proactive, innovative, energetic, hard working, dedicated and target oriented

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill, Tour allowance, Provident fund, Insurance
∎ Lunch Facilities: Partially Subsidize
∎ Festival Bonus: 3
∎ Attractive and competitive compensation package will be offered for the right person.
∎ Excellent working environment.

Application Deadline: 26 Feb 2021

Company Information:
∎ 27 Jan 2021
∎ Runner Group

Category: Accounting/Finance

: Please mention the position applied for on the top left hand corner of the envelope. Smokers need not to apply. Interested self-driven candidates are requested to forward their CV along with a covering letter and 2 copies of recent passport size colour photograph to General Manager, Human Resources Division, Runner Group, 138/1, Tejgaon Industrial Area, Dhaka-1208.