Head of Internal Audit

Job Description

Title: Head of Internal Audit

Company Name: Grameen Trust

Vacancy: 01

Age: At least 30 years

Job Location: Dhaka

Salary: Negotiable

Experience:

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

• Master’s degree in accounting, Finance, Business Administration, or a related field.
• Professional certifications such as CA, CPA are strongly preferred.

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

• Age At least 30 years

• Minimum of 5 years of experience in internal or external auditing, including at least 5 years in a leadership role. Experience in micro Finance field is preferred
• Proven track record of working within regulated industries in Bangladesh, such as banking and non-banking financial services.

Position Overview:

We are seeking an experienced and highly professional individual to lead our Internal Audit function. The Head of Internal Audit will be responsible for ensuring the effective implementation of risk-based audit strategies, evaluating the organization’s internal control systems, and promoting a culture of transparency, compliance, and operational excellence. This role requires a deep understanding of Bangladeshi regulatory requirements, global best practices, and the ability to communicate effectively with senior management and the Board of Directors.

Key Responsibilities

Audit Strategy and Planning

• Develop and implement a comprehensive risk-based internal audit plan in alignment with organizational goals and regulatory requirements.
• Ensure audits are conducted efficiently and in compliance with professional standards (e.g., IIA Standards). In Head office and field offices located in different districts of Bangladesh.

Internal Audit Execution

• Lead and oversee all internal audit engagements, including financial, operational, and compliance audits.
• Identify control weaknesses, potential risks, and areas for improvement and provide actionable recommendations.
• Conduct special investigations and reviews as required by the management or Audit Committee.

Compliance and Risk Management

• Ensure compliance with relevant Bangladeshi laws, regulations, and international standards.
• Monitor and assess the organization’s risk management framework and provide independent assurance to stakeholders.

Reporting and Communication

• Prepare and present detailed audit reports to the Board of Directors, Audit Committee, and senior management.
• Maintain clear and open communication channels with all stakeholders, ensuring transparency and prompt issue resolution.

Leadership and Team Management

• Lead, mentor, and develop the Internal Audit team to enhance their technical and professional skills.
• Foster a culture of integrity, objectivity, and continuous improvement within the organization.

Technology and Innovation

• Leverage audit tools and data analytics to enhance the effectiveness and efficiency of audit processes.
• Stay updated on emerging technologies, risks, and best practices in internal audit and governance.

Skills:

• Strong knowledge of Bangladeshi regulatory frameworks (e.g., VAT, Tax and Labor Law) and international standards.
• Excellent analytical, problem-solving, and decision-making abilities.
• Exceptional communication and report-writing skills in English and Bangla.
• Proficiency in audit management software and data analytics tools.

Key Competencies:

Leadership and Strategic Thinking

Integrity and Ethical Standards

Risk Awareness and Mitigation

Adaptability to Changing Regulatory Environments

Stakeholder Management

• Festival Bonus: 2

Compensations and Benefits:

As per company policy