Job Description
Title: Head of Internal Audit
Company Name: X Index Companies
Vacancy: 01
Age: at least 40 years
Location: Dhaka
Minimum Salary: Negotiable
Experience:
∎ At least 10 years
∎ The applicants should have experience in the following business area(s):Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry), Agro based firms (incl. Agro Processing/Seed/GM), Tiles/Ceramic
Published: 28 Jul 2024
Education:
∎ BBA/MBA in Accounting, Finance, Business Administration, or a related field.
∎ Advanced degrees or professional certifications such as CA partly qualified (ACA/ FCA/ ACMA/FCMA Preferred) are highly desirable.
∎ BBA/MBA in Accounting, Finance, Business Administration, or a related field.
∎ Advanced degrees or professional certifications such as CA partly qualified (ACA/ FCA/ ACMA/FCMA Preferred) are highly desirable.
Requirements:
Additional Requirements:
∎ Age at least 40 years
∎ Strong leadership and team management skills.
∎ Excellent analytical and problem-solving abilities.
∎ In-depth knowledge of auditing standards, risk management, and internal control frameworks.
∎ Experienced in handling Income Tax and VAT.
Responsibilities & Context:
∎ Plan and execute pre audit and post audit of the entire group.
∎ Lead and manage the internal audit team, providing guidance, mentorship, and professional development opportunities.
∎ Develop and implement strategic audit plans aligned with organizational goals and objectives.
∎ Establish internal control system and procedure in the company.
∎ Ensure the internal audit team operates in accordance with professional auditing standards and best practices.
∎ Oversee the development of comprehensive audit plans and programs, focusing on financial, operational, compliance, and information system audits.
∎ Ensure audits are executed efficiently and effectively, adhering to timelines and budgets.
∎ Review and approve audit scopes, objectives, and methodologies.
∎ Identify key areas of risk within the organization and assess the effectiveness of existing controls.
∎ Provide recommendations for risk mitigation and control improvements.
∎ Monitor and report on the organization’s risk management processes and initiatives.
∎ Prepare and present detailed reports on audit findings to senior management, the audit committee, and other stakeholders.
∎ Communicate significant risk exposures and control issues, including fraud risks, governance issues, and other matters requiring attention.
∎ Ensure timely follow-up on the implementation of audit recommendations.
∎ Coordinate with external auditors and regulatory bodies as necessary.
∎ Promote a culture of continuous improvement within the internal audit function.
∎ Implement best practices and innovative audit techniques to improve audit effectiveness.
∎ Foster strong relationships with key stakeholders, including senior management, department heads, and external auditors.
∎ Serve as a trusted advisor to management on matters related to internal controls, risk management, and governance.
∎ Lead special projects and investigations, including fraud investigations and operational reviews.
∎ Evaluate the internal control system and recommend for improvements.
∎ Provide ad-hoc advice to management on control issues.
∎ Direct and control internal audit team.
∎ Any other assignment given by the management.
∎ Our rapidly expanding foundation is currently searching for a Head of Audit to join our team. To lead and manage the internal audit function, ensuring the adequacy and effectiveness of the organization’s internal controls, risk management, and governance processes. He provides strategic direction and oversight to the internal audit team, helping to safeguard the organization's assets and ensure compliance with policies, procedures, and regulations.
∎ Plan and execute pre audit and post audit of the entire group.
∎ Lead and manage the internal audit team, providing guidance, mentorship, and professional development opportunities.
∎ Develop and implement strategic audit plans aligned with organizational goals and objectives.
∎ Establish internal control system and procedure in the company.
∎ Ensure the internal audit team operates in accordance with professional auditing standards and best practices.
∎ Oversee the development of comprehensive audit plans and programs, focusing on financial, operational, compliance, and information system audits.
∎ Ensure audits are executed efficiently and effectively, adhering to timelines and budgets.
∎ Review and approve audit scopes, objectives, and methodologies.
∎ Identify key areas of risk within the organization and assess the effectiveness of existing controls.
∎ Provide recommendations for risk mitigation and control improvements.
∎ Monitor and report on the organization’s risk management processes and initiatives.
∎ Prepare and present detailed reports on audit findings to senior management, the audit committee, and other stakeholders.
∎ Communicate significant risk exposures and control issues, including fraud risks, governance issues, and other matters requiring attention.
∎ Ensure timely follow-up on the implementation of audit recommendations.
∎ Coordinate with external auditors and regulatory bodies as necessary.
∎ Promote a culture of continuous improvement within the internal audit function.
∎ Implement best practices and innovative audit techniques to improve audit effectiveness.
∎ Foster strong relationships with key stakeholders, including senior management, department heads, and external auditors.
∎ Serve as a trusted advisor to management on matters related to internal controls, risk management, and governance.
∎ Lead special projects and investigations, including fraud investigations and operational reviews.
∎ Evaluate the internal control system and recommend for improvements.
∎ Provide ad-hoc advice to management on control issues.
∎ Direct and control internal audit team.
∎ Any other assignment given by the management.
Employment Status: Full Time
Job Location: Dhaka
Apply Procedure:
Email your CV:
∎ Send your CV to the given email [email protected] or Email your CV from My Bdjobs account
Company Information:
∎ X Index Companies
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 9 Aug 2024
Category: Accounting/Finance
