Head Of Internal Audit

Job Description

Title: Head Of Internal Audit

Company Name: Homeland Life Insurance Co. Ltd.

Vacancy: 1

Age: at least 40 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: 29 May 2024

Education:
∎ Masters
∎ CA-CC (CL) Preferred.

Requirements:

Additional Requirements:
∎ Age at least 40 years
∎ The applicants should have experience in the Life Insurance.

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.

Compensation & Other Benefits:

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

Job Location: Anywhere in Bangladesh

Read Before 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 two weeks from publication date.

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