Internal Auditor

Job Description

Title: Internal Auditor

Company Name: LAMB

Vacancy: 2

Age: At most 45 years

Job Location: Dinajpur

Salary: Tk. 30000 (Monthly)

Experience:

• 3 to 5 years
• The applicants should have experience in the following business area(s): NGO

• Bachelor of Commerce (BCom) in Finance
• Bachelor of Commerce (BCom) in Accounting

• Master’s degree in Finance or Accounting. CACC registered auditor will be given preference.

• 3 to 5 years
• The applicants should have experience in the following business area(s): NGO

• Age At most 45 years

• At least 3 to 5 years working experience in internal auditing or over 10 years’ experience with multiple donors or projects.

• Good understanding and training on various kinds of Government laws/ regulations such as VAT and Tax, income tax, etc.

• Ability to scrutinize large amounts of data and to compile detailed reports. High attention to detail and excellent analytical skills.

• Preference will be given with external auditing experience in a creditable audit firm in Bangladesh.

• A valid motorcycle driving license is required.

• Willingness to travel and stay overnight in field centres as required.

LAMB is a well-run major mission Hospital, Community Health Development, Training and Research organization. Services cover more than 6.3 million people in North West Bangladesh.

Job Summary: The Internal Auditor is responsible for planning, executing and reporting on operational, financial regulatory and compliance related audits of LAMB departments and projects including government compliance, under the direction of the Finance Director (or Executive Director in his/her absence). Review and examine data, looking for patterns and identifying shortages and loss. Report in English, findings, conclusions and/or recommendations for improvements of processes and procedures (based on policy and best practice) to management of department and projects. Improve LAMB operations through recommendations for bringing systematic and disciplined approaches to the effectiveness of risk management and control processes. Provide support whenever needed or as required by the Finance Director and the Executive Director.

Job Responsibilities:

• Develop a comprehensive internal audit program for LAMB.

• Plan and perform financial, regulatory, compliance and operational reviews/audits of LAMB departments and projects in accordance with the internal audit program.

• Assist the Finance Director to determine internal audit scope and develop annual plans including review and updating of annual plans and scheduling for the coming year

• Review and discuss all audit findings with the Finance Director periodically and other matter at other other such times as necessary.

• Create, perform and control the full audit cycle including risk assessment and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.

• Audit procedures to verify that controls are operating through testing and interviewing techniques.

• Reviews suitability of internal control processes in place and makes recommendations accordingly.

• Review LAMB practices and records for compliance with established internal policies and procedures.

• Conduct testing of the operations and tweaking the design of existing financial controls.

• Develop new audit programs to ensure adequate operations and financial controls.

• Determines compliance with policies and procedures of LAMB, donors and government.

• Prepares reports in English based on the audit which will be sent to the Director of the concerned department or the Project Manager of project audited

• Discuss the findings with the Director and/or Manager involved for verification, comments, and necessary action.

• Conduct follow up audits to monitor management’s interventions.

• Conduct investigations of irregularities discovered by or brought to the auditor’s attention.

• Investigate all fraud, embezzlement, and defalcations within LAMB as requested by senior management. Work in cooperation with law enforcement agencies in any such cases as deemed necessary.

• Prepare an annual (or as required) financial risk assessment and overall risk reduction plan for LAMB.

• Perform other duties as required, consistent with the goals, objectives and responsibilities of the internal audit department and with the approval of the Finance Director.

• Exhibit a good example of professional behavior and integrity, following LAMB values.

• Promotes unity, cooperation and peace among LAMB staff.

• Act as an objective source of independent advice to ensure validity, legality and goal achievement.

• Minimum Tk. 30,000 per month Gross or equivalent to approximately Tk. 4,18,484 per annum, inclusive of all benefits. The remuneration package includes a provident fund, festival allowance once per year, medical benefits, critical illness and death benefits, and recreation.