Internal Audit Manager

Job Description

Title: Internal Audit Manager

Company Name: Sagar Jute Spinning Mills Limited (SJSML)

Vacancy: --

Age: Na

Job Location: Faridpur

Salary: Tk. 50000 (Monthly)

Experience:

• At least 5 years
• The applicants should have experience in the following business area(s): Manufacturing (Light Engineering and Heavy Industry), Jute Goods/ Jute Yarn

• CA (CC) / ACCA (Partially or Fully Qualified).

• At least 5 years
• The applicants should have experience in the following business area(s): Manufacturing (Light Engineering and Heavy Industry), Jute Goods/ Jute Yarn

• Experience: Minimum 5 years of core experience in Internal Audit or Pre-Audit within a Manufacturing/Industrial environment.

• Gender: Male (Required due to factory site requirements and late-hour operational oversight).

• Technical Skills: Deep understanding of the VAT & SD Act 2012 and Income Tax laws of Bangladesh. Proficiency in Tally ERP or similar accounting software.

• Attributes: Exceptional investigative skills, the courage to maintain professional independence, and the ability to work in a remote factory environment.

Location: Faridpur, Bangladesh (On-site)

Department: Internal Audit / Finance & Accounts

Reports to: Director / Head of Finance / Managing Director

Role Objective

We are seeking a high-integrity, detail-oriented Pre-Audit Manager to oversee and verify all financial transactions before they are finalized. Based at our manufacturing facility in Faridpur, you will be the primary shield against financial leakage, ensuring 100% compliance with company policy, the VAT Act 2012, and Income Tax regulations.

Key Responsibilities

• Transaction Oversight: Conduct a thorough pre-audit of all bills, vouchers, and claims (General, Purchase, Payroll, and Projects) before payment authorization.

• Compliance Management: Ensure all procurement and expenditure files comply with the National Board of Revenue (NBR) requirements, including Mushak 6.3, VDS certificates, and TDS.

• Cost Control: Monitor raw material procurement (Jute, Batching Oil, etc.) and factory overheads to identify and prevent unnecessary or inflated expenditures.

• Inventory & Physical Audit: Perform surprise physical stock counts and reconcile system data (Tally/ERP) with physical warehouse reality to prevent misappropriation.

• Payroll Audit: Verify monthly factory worker payroll, overtime sheets, and incentive bonuses to ensure accuracy and eliminate "ghost worker" risks.

• Process Improvement: Design and implement robust internal control formats and SOPs to strengthen the financial discipline of the factory.

• Reporting: Prepare weekly and monthly Pre-Audit Exception Reports for Senior Management, highlighting any irregularities or policy violations.