Head of Internal Audit

Job Description

Title: Head of Internal Audit

Company Name: Large Multinational Manufacturing Organization

Vacancy: 1

Age: At least 35 years

Job Location: Dhaka

Salary: --

Experience:

• At least 12 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry)

• At least 12 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry)

• Age At least 35 years

Head of Internal Audit (GM - Grade)

Location: Dhaka, Bangladesh
Industry: Large Multinational Manufacturing Organization
Reports To: Board of Directors & CEO
Employment Type: Full-time

About the Role

We are seeking a highly experienced, commercially astute and independent Head of Internal Audit to lead the Internal Audit function of a leading multinational manufacturing organization.

The successful candidate will provide independent and objective assurance, risk-based insights and strategic recommendations to the Board of Directors, Audit Committee and CEO, helping strengthen governance, risk management, internal controls and operational effectiveness across the organization.

This is a senior leadership position requiring a strong understanding of large-scale manufacturing operations, multinational business environments, finance, commercial processes, supply chain, procurement, inventory, production and operational controls.

Key Responsibilities

• Lead the overall Internal Audit function and develop a robust, risk-based annual audit plan.

• Provide independent assurance to the Board, Audit Committee and CEO on the effectiveness of governance, risk management and internal control systems.

• Lead audits covering manufacturing operations, production, procurement, supply chain, inventory, logistics, sales, finance, treasury, capex, fixed assets, HR, IT and commercial functions.

• Identify business, financial, operational, compliance and fraud risks and recommend practical mitigation measures.

• Evaluate the effectiveness of internal controls and identify opportunities for process improvement, cost optimization and operational efficiency.

• Conduct investigations into suspected fraud, irregularities, control breaches and significant financial or operational issues when required.

• Monitor implementation of audit recommendations and report significant overdue issues to senior management and the Board/Audit Committee.

• Strengthen the Internal Audit methodology, policies, procedures, systems and use of data analytics.

• Develop, coach and lead a high-performing Internal Audit team.

• Collaborate with Finance, Operations, Supply Chain, Procurement, Commercial, HR, IT and other functions while maintaining audit independence.

• Coordinate, where appropriate, with external auditors, group/internal audit teams and other assurance functions.

• Present key audit findings, risk observations and management recommendations to the Board/Audit Committee and senior management.

• Ensure Internal Audit activities are aligned with applicable professional standards, corporate policies and regulatory requirements.

Candidate Profile

We are looking for a senior audit professional who brings strong manufacturing and multinational corporate experience, rather than a purely audit-firm background.

Mandatory Requirements:

• Chartered Accountant (CA) qualified from a recognized professional body.

• Bachelor degree in business administration/accounting/finance preferably from a reputed university. 

• Minimum 12 years of post-qualification / relevant professional experience.

• Significant experience in Internal Audit, Risk, Governance, Controls, Finance or Assurance.

• Strong professional exposure in a multinational company (MNC), preferably within a large manufacturing organization.

• Proven experience in a leadership/head-of-function role, managing and developing an Internal Audit team.

• Strong understanding of manufacturing processes including production, inventory, procurement, supply chain, costing, capex, fixed assets, logistics and commercial operations.

• Experience dealing with Board/Audit Committee/CEO, senior management and matrix reporting structure.

• Strong knowledge of internal control frameworks, risk management, financial controls and audit methodologies.

• Excellent analytical, communication, presentation and stakeholder-management skills.

• High level of professional integrity, independence, objectivity and confidentiality.

Preferred Qualifications & Experience

• Experience in a large-scale manufacturing sector such as FMCG, building materials, cement, steel, pharmaceuticals, chemicals, automotive or other process manufacturing industries.

• Experience in a regional/global MNC environment.

• Exposure to ERP systems such as SAP/Oracle and audit/data analytics tools.

• Experience in fraud risk management, forensic investigation or business process transformation will be an advantage.

What We Offer

• A strategic leadership role with direct exposure to the Board and CEO.

• Opportunity to lead and transform the Internal Audit function of a leading multinational manufacturing organization.

• Exposure to a complex, large-scale and highly professional business environment.

• Competitive compensation and benefits commensurate with experience and qualifications.

Interested candidates are invited to submit their updated CV highlighting relevant manufacturing, MNC and Internal Audit leadership experience.