Internal Auditor

Job Description

Title: Internal Auditor

Company Name: HEED Bangladesh

Vacancy: 3

Age: At most 40 years

Job Location: Dhaka (Mirpur Section 11)

Salary: Tk. 40000 (Monthly)

Experience:

• At least 2 years
• The applicants should have experience in the following business area(s): NGO, Micro-Credit

Educational Requirements:

• Honors /Masters in accounting

• Candidates need to have knowledge on Micro-finance software (knowledge on microfin 360 software will be an advantage)

• At least 2 years
• The applicants should have experience in the following business area(s): NGO, Micro-Credit

• Age At most 40 years

• Excellent oral and written (English and Bangla) communications skills.

• Good skills in common word processing (MS Word), spreadsheet (MS Excel).

• Team player and self-starter.

• Flexible and able to embrace change positively.

• Frequent field visit (80%)

Job Context

HEED Bangladesh is a Non-Government and non-political National Organization working in the field of Health, Education, and Economic Development for more than 52(fifty-two) years. The Organization invites applications from suitable candidates for the position ofInternal Auditor.

• Start Date- As soon as possible .

Job Responsibilities

• Conduct the Full Audit Cycle: Plan, execute, and manage the full audit cycle, including risk assessment, internal control evaluation, operational effectiveness, financial reliability, and compliance with applicable policies, directives, laws, and regulations.

• Develop Internal Audit Plans: Determine the scope of internal audits and prepare annual audit plans based on organizational priorities, operational risks, and internal control requirements.

• Review and Analyze Financial Records: Obtain, examine, analyze, and evaluate accounting records, financial statements, supporting documentation, previous audit reports, and other relevant records.

• Prepare Audit Reports: Prepare and present comprehensive audit reports outlining audit findings, identified risks, irregularities, recommendations, and required corrective actions, while maintaining proper audit documentation.

• Provide Independent Assurance and Advice: Act as an objective and independent source of assurance and advice to promote the validity, legality, efficiency, and effectiveness of organizational operations and the achievement of institutional objectives.

• Coordinate with Management and Audit Teams: Maintain effective communication and coordination with management, the audit team, and relevant departments to ensure the timely completion of audit activities and resolution of audit issues.

• Document Audit Findings: Prepare audit working papers, findings memoranda, and other relevant documentation to ensure transparency, accountability, and proper recordkeeping.

• Conduct Follow-Up Audits: Perform follow-up audits to assess the implementation of management's corrective actions and verify whether previously identified audit issues have been adequately resolved.

• Maintain Professional Competence: Continuously update professional knowledge of applicable laws, regulations, microfinance policies, industry best practices, auditing tools, techniques, and performance standards.

• Support the Accounts Department: Provide necessary support and guidance to the Accounts Department on accounting procedures, financial documentation, internal controls, and compliance-related matters, while maintaining the independence of the internal audit function.

• Review Branch-Level Financial Operations: Conduct monthly reviews of branch-level internal control systems, financial transactions, books of accounts, and supporting documents to identify discrepancies, control weaknesses, and potential financial irregularities.

• Verify Microfinance Records and Compliance: Verify whether borrower, loan, savings, installment repayment, and member-related information is accurately entered, updated, and maintained in accordance with PKSF microfinance policies and applicable organizational guidelines.

• Verify Microfin 360 Data Accuracy: Examine the Microfin 360 software to ensure that all relevant microfinance information is accurately entered, regularly updated, and properly maintained.

• Reconcile Field Records with System Data: Cross-check field-level documents, registers, loan files, savings records, repayment receipts, and other supporting documents against the information recorded in Microfin 360 to ensure consistency, accuracy, and completeness.

• Ensure Regulatory and Policy Compliance: Perform assigned duties and responsibilities in accordance with the applicable policies, guidelines, rules, and regulations of the Microcredit Regulatory Authority (MRA), Palli Karma-Sahayak Foundation (PKSF), NGO Affairs Bureau (NGOAB), National Board of Revenue (NBR), and Registrar of Joint Stock Companies and Firms (RJSC), as well as HEED Bangladesh's internal policies and procedures.

• Perform Other Assigned Duties: Carry out any other relevant duties and responsibilities assigned by the supervisor or management in accordance with organizational requirements.

The probationary period will be six (6) months (subject to performance evaluation). Upon confirmation of employment, the employee will be entitled to benefits including Provident Fund (PF), gratuity, two festival bonuses annually, Boishaki Allowance (Bengali New year allowance) ,healthcare benefits, accidental insurance coverage, major medical benefits, casual and earned leave, mobile allowance, and other applicable benefits in accordance with the organization's policies and procedures.