Manager - Internal Audit

Job Description

Title: Manager - Internal Audit

Company Name: Tahmid & Twalha Accessories and Printing ltd.

Vacancy: 2

Age: At least 35 years

Job Location: Dhaka (Ashulia, Uttara West)

Salary: Tk. 75000 (Monthly)

Experience:

• At least 10 years
• The applicants should have experience in the following business area(s): Garments

• At least 10 years
• The applicants should have experience in the following business area(s): Garments

• Age At least 35 years
• Only Male

Internal Audit Part-

• Prepare a detailed audit plan and evaluate the programs with findings.

• A regular visit to all unit and prepare reports on Audit Findings & maintain files systematically.

• Check New Employee Admission, Salary, OT, Maternity Benefit, Tiffin, Iftary & Other’s Bill.

• Conduct surprise audit, investigation, operational audit, process audit, physical WIP inventory counting.

• Style wise order close, cut to ship report, yarn to finish fabric report, department wise daily stock reconcile.

• Pre and post cost sheet analysis, Order wise cost sheet checking. Checking of inter-company transaction register/ledger.

• Check Requisition, MRR, stock ledger, gate pass, memos, bill, voucher, challan received and issued records of materials to prepare a report and submit to head of department.

• Develop and implement internal auditing policies, procedures, and established control protocols.

• Reconcile documentation with actual inventory, assets, and financial data to identify discrepancies.

• Participate in meetings with department heads and key personnel to communicate audit findings, mitigate risks, prevent fraud and provide recommendations.

• Present summarized audit results, key trends, and risk assessments to management and internal stakeholders.

• Navigate ERP dashboards to monitor compliance, analyze trends, and assess financial risks.

• Ensure data integrity within the ERP system by verifying entries and reconciling discrepancies.

• Work with production, supply chain, and finance teams to enhance cost efficiency.

• Review and test internal systems and processes to identify opportunities for cost savings or process improvements.

• Any other job assigned by the top management.

Cost Control Part-

• Fabric Cost Control- Analysis of GSM, shrinkage, and shade variation impact, verification of fabric consumption vs marker efficiency, monitoring cutting wastage, rejection, and leftover fabric.

• Production Cost Monitoring System-Pre-costing (before order confirmation), Cost sheet preparation (style-wise), Daily / weekly production cost reports, Variance analysis (standard vs actual), post-production cost analysis

• Reporting & KPI Structure- Fabric utilization %, Cost variance %, Overtime cost %, Rework & rejection cost, Cost per garment.

• Trims & Accessories Cost Control- Review of consumption standards (button, zipper, thread, labels), Control of excess issuance to production lines, Monitoring wastage and loss during sewing, Return & reconciliation of unused trims

• Labor & CMT Cost Control- Monitoring SMV vs actual production efficiency, Overtime control and justification review, Idle time analysis due to machine breakdown or planning issues, Line-wise and style-wise labor cost comparison

• Overhead Cost Control- Utility cost monitoring (electricity, gas, water), Maintenance cost tracking, Depreciation and indirect labor review, Per-unit overhead cost calculation.

• Mobile bill,Over time allowance,Insurance
• Salary Review: Yearly
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2