Sr. Executive- Internal Audit

Job Description

Title: Sr. Executive- Internal Audit

Company Name: Vertex Group

Vacancy: 1

Age: 28 to 40 years

Job Location: Dhaka (Savar)

Salary: Negotiable

Experience:

• 4 to 8 years
• The applicants should have experience in the following business area(s): IT Enabled Service, Garments

• Master of Business Administration (MBA)

MBA/Master’s: Accounting/ Finance

BBA/Honour’s: Accounting/Finance

• 4 to 8 years
• The applicants should have experience in the following business area(s): IT Enabled Service, Garments

• Age 28 to 40 years
• Only Male

Responsibilities & Context

1. Internal Audit (Manufacturing & Operations)

Conduct internal audits of factories, warehouses, and head office as per approved audit plan.

Calculation and Checking of Inter Process Loss of Garments Division`s (cutting to shipment) and reporting monthly.

Follow up of Wastage management regularly and reporting monthly.

Audit WIP and finished goods valuation, production reporting, and cost variances.

Review machine utilization, maintenance cost controls, and shutdown records.

2. Inventory & Store Control Audit

Audit raw materials, packing materials, consumables, spares, and finished goods.

Perform physical stock verification and reconcile with ERP and stock registers.

Review controls over expired, damaged, obsolete, and slow-moving inventory.

Verify GRN, material issue, return, transfer, and adjustment processes.

3. Compliance & Regulatory Review

Review and verify bills, vouchers, invoices, payment documents, and supporting records.

Audit local and foreign purchases, LC documentation, procurement, and supply chain transactions.

Evaluate the effectiveness of internal controls and identify operational and financial risks.

Review VAT challans, returns, rebates, Mushak documents, and statutory registers.

Monitor compliance with company policies, SOPs, delegated authority matrix, and regulatory requirements.

4. Procurement & Contract Compliance

Audit purchase requisitions, CS, approvals, PO issuance, and vendor selection.

Review compliance with procurement policy, LC/local purchase rules, and contract terms.

Check price variances, emergency purchases, and related-party transactions.

5. Financial Control & Risk Management

Audit petty cash, factory imprest, IOU, advances, and inter-unit transactions.

Review expense controls, budget adherence, and cost allocation.

Assist in risk assessment and development of risk-based audit plans.

6. ERP & Process Control

Review ERP controls, user access rights, and segregation of duties (SoD).

Verify accuracy of system postings related to production, inventory, and costing.

7. Reporting & Follow-up

Prepare internal audit and compliance reports with risk grading and recommendations.

Conduct exit meetings with factory and department heads.

Track and report status of corrective and preventive actions (CAPA)

• Mobile bill
• Lunch Facilities: Partially Subsidize