Sr. Executive/Assistant Manager-Internal Audit

Job Description

Title: Sr. Executive/Assistant Manager-Internal Audit

Company Name: Coast To Coast Group

Vacancy: 1

Age: Na

Job Location: Dhaka (Uttara)

Salary: Negotiable

Experience:

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

• Bachelor of Business Administration (BBA)

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

Bachelor’s degree in Accounting, Finance, Business Administration, or related fieldProfessional qualification (CA / ACCA / CMA / Part-qualified) preferred4–6 years of internal audit experience, preferably in garments/apparel factoriesHands-on exposure to factory operations, inventory control, payroll.

• Strong understanding of garment factory operations and compliance requirements • Knowledge of labor law, factory act, buyer compliance, and internal control systems • Strong analytical, investigation, and problem-solving skills • Excellent audit report writing and presentation skills • Good communication and coordination ability • High level of integrity, confidentiality, and professional judgment • Proficient in MS Excel, ERP systems, and audit tools

Job Context:

Sr. Executive/Asst. Manager, Internal Audit – Coast To Coast Group is a 100% export-oriented Woven Outer wear company searching for a motivated, self-confident, team-oriented, and hard-working professional who is capable of performing this role. The role supports management in risk assessment, strengthening internal controls, and improving systems and processes to ensure efficient and effective operations.

Key Responsibilities

• Conduct internal financial and operational audits of the Head Office, Corporate Office, and Factory Offices.

• Conduct audits of commercial operations, including import–export documentation, L/C procedures, and shipping processes.

• Verify export documentation, shipping documents, packing lists, commercial invoices, and compliance with buyer and regulatory requirements.

• Review L/C terms and conditions, amendments, and ensure transactions are processed according to approved procedures.

• Audit merchandising activities including order management, buyer communication, costing, and order tracking.

• Review order costing sheets, margin calculations, and ensure alignment with approved pricing and company policies.

• Verify coordination between Merchandising, Production, and Commercial departments to ensure smooth order execution.

• Verify and validate purchase invoices (PI) against relevant documents ensuring accuracy in supplier details, quantities, rates, and currency.

• Identify risks related to order delays, shipment discrepancies, and documentation errors.

• Evaluate compliance with buyer requirements, order specifications, and delivery commitments.

• Ensure proper maintenance of order files, buyer correspondences, and shipment records.

• Check and verify bills, vouchers, staff/worker payments (salary, overtime, allowances), and party payments.

• Conduct audits of financial transactions, accounting records, and financial statements to ensure accuracy and compliance with company policies.

• Review general ledger entries, journal vouchers, and supporting documents for correctness and authorization.

• Verify bank transactions, bank reconciliations, and cash balances to ensure proper financial control.

• Audit accounts payable and accounts receivable to confirm proper recording, aging, and timely settlement.

• Review budget utilization, expense controls, and financial variances against approved budgets.

• Assess the effectiveness of financial control systems to prevent fraud, misappropriation, or financial irregularities.

• Ensure compliance with accounting standards, tax regulations, and financial policies.

• Review financial reports prepared by different departments and ensure accuracy before submission to management.

• Assist in special inspections, investigations, and audits related to fraud, irregularities, or suspect cases as directed by management.

• Conduct physical monitoring of wastage sales (jute, leftover, and obsolete items) and prepare relevant reports

• Collect and analyze data to identify control deficiencies, duplicated efforts, fraud, or non-compliance with laws and policies.

• Perform surprise audits and prepare detailed audit reports.

• Conduct internal audits of factory production processes to assess efficiency, productivity, wastage, rework, and compliance with approved production plans.

• Review production reporting, line efficiency, capacity utilization, and adherence to SOPs.

• Identify production control gaps, process inefficiencies, and operational risks.

• Audit raw materials, finished goods, spare parts, accessories, and packing materials.

• Verify stock records, review inventory valuation, shrinkage and physical inventory and obsolete stock.

• Audit HR processes including recruitment, attendance, leave, overtime, payroll, and separation procedures.

• Verify wage payments, overtime calculations, attendance systems, and compliance with labor laws.

• Review factory administrative expenses, canteen, transport, security, and utility usage.

• Conduct audits to ensure compliance with labor laws, factory acts, fire safety, health & safety, and environmental regulations.

• Identify compliance gaps and recommend corrective and preventive actions (CAPA).

• Evaluate factory-level financial controls, cash handling, expense approvals, and cost controls.

• Review cost sheets, production costing, and variance analysis.

• Identify management control weaknesses and internal control deficiencies.

• Prepare factory audit plans, audit programs, checklists, and Terms of Reference (TOR).

• Conduct audits as per approved plans and management directives.

• Prepare clear, accurate audit reports with SMART recommendations.

• Monitor and follow up on implementation of corrective actions.

• Assist management in ensuring smooth, compliant, and efficient factory operations and internal controls.

• Mobile bill
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2

As per company Policy