Manager (Internal Audit & Compliance)

Job Description

Title: Manager (Internal Audit & Compliance)

Company Name: MG Properties Limited

Vacancy: --

Age: Na

Job Location: Dhaka (Mohakhali)

Salary: Negotiable

Experience:

• 8 to 10 years
• The applicants should have experience in the following business area(s): Real Estate

• Master of Commerce (MCom)
• Master of Business Administration (MBA)
• Master of Commerce (MCom)
• Master of Business Administration (MBA)

• Master of Commerce (MCom) / (MBA) from any recognized University.
• CA-CC, ACA, ACCA, ACMA will be given preference.

• 8 to 10 years
• The applicants should have experience in the following business area(s): Real Estate

• Proven track record of leading and managing internal audit function in real estate company.
• Strong understanding of auditing standards and practices.
• Ability to work independently.
• Ability to handle confidential and sensitive information.
• Experience in data analytics and continuous auditing techniques.
• Should have excellent knowledge on computer MS office packages

Job Context

MG Properties Limited is seeking a highly skilled and detail-oriented Manager – Internal Audit & Compliance to join its growing team in the real estate industry, tasked with ensuring effective governance and risk management across its real estate operations. The role involves planning, executing, and overseeing internal audits, ensuring compliance with company policies, regulatory standards, and industry best practices. The ideal candidate will possess strong knowledge of internal auditing principles, tools, techniques, and monitoring procedures, with hands-on experience in developing and utilizing audit checklists. A proven track record in the real estate sector is essential. This position is critical in identifying process gaps, mitigating risks, and fostering a culture of accountability and compliance to maintain operational integrity across all functions of the organization.

Job Responsibilities

• Check and verify bills, vouchers, and accounting records to ensure accuracy and proper documentation.
• Verify pre and post comparative statement (CS) analysis.
• Verify projects inventory management through physical stock checks, raw material consumption, and finished items.
• To collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
• Conduct special investigations as needed.
• Audit procurement processes, including purchase rate analysis, quotation comparison, purchase verification and market survey.
• Prepare and submit detailed audit reports that highlight findings, risks, control gaps, and recommendations to management.
• Review the internal control system’s efficiency, identify weaknesses, and suggest corrective actions.
• Analyze project and engineering department budgets and monitor variances, and evaluate the budget to ensure cost efficiency.
• Perform market verification, local procurement price checks, and assess cost-saving opportunities.
• Verification of inventory transfers between different projects.
• Periodic review of advances and security deposits of parties.
• Assist in fraud prevention, and carry out any other tasks assigned by management