Sr. Manager Internal Audit (Financial) for RMG
Full time
Accounting / Finance
Posted 1 day ago
· 10 views
Job Overview
Vacancies
1 position
Employment Type
Full time
Category
Accounting / Finance
Industry
Ready-Made Garments (RMG)
Gender
Not specified
Age
40 to 45 years
Job Location
Dhaka (Uttara West)
Salary
Negotiable
Experience
At least 10 years
Education
Master / Post-Graduation
Job Responsibilities
Job Purpose:To ensure effective internal audit, financial accuracy, operational efficiency and compliance with company policies and procedures. The role will identify risks, prevent irregularities and recommend improvements within the garments industry.Job Responsibilities:
- Develop, implement and execute an effective Internal Audit Plan covering all departments and factory operations.
- Verify attendance, overtime, salaries, wages, allowances, new employee joining records, employee master data, maternity benefits, final settlements, dining expenses, meal bills and other employee-related payments, and identify any discrepancies or irregularities.
- Conduct physical verification and reconciliation of fabric, accessories, raw materials, finished goods and other factory inventories.
- Review procurement processes, purchase orders, supplier bills, material receiving and payment procedures.
- Monitor production consumption, wastage, rejection, excess usage and material reconciliation.
- Review factory expenses, administrative costs, utility expenses, overtime costs and other operational expenditures.
- Review machinery purchases, maintenance expenses, spare parts consumption, and asset disposal.
- Identify financial irregularities, fraud risks, policy violations and operational weaknesses and recommend corrective actions.
- Evaluate compliance with company policies, SOPs, financial procedures and applicable laws and regulations.
- Identify financial irregularities, operational risks and control weaknesses.
- Conduct surprise audits and special investigations as directed by Top Management.
- Prepare detailed audit reports highlighting findings, risks, root causes and recommendations.
- Follow up on audit observations and ensure timely implementation of corrective and preventive actions by respective departments.
- Coordinate with Finance & Accounts, Commercial, Merchandising, SCM, Production, Store, HR & Admin and other departments.
- Report significant audit findings and recommendations to management.
Requirements
- Age 40 to 45 years
- Experience in the garments industry is a must.
- Excellent understanding of RMG manufacturing operations and factory management systems.
- Expertise in Inventory Audit, Raw Materials Audit, Fabric & Accessories Audit and Finished Goods Audit..
- Strong knowledge of Cost Control, Budgetary Control and Financial Risk Management.
- Excellent report writing, presentation and communication skills.
- Strong leadership, team management and decision-making abilities.
- Strong analytical, problem-solving, and report-writing skills.
- Proficiency in Tally software, MS Office and relevant accounting software.
- Ability to maintain confidentiality and work independently.
Educational Requirement
- Master of Business Administration (MBA) in Accounting
- Master of Commerce (MCom) in Accounting
- Professional qualifications such as CA (CC), CMA or equivalent will be an advantage.
Experience
- 10 to 12 years
- The applicants should have experience in the following business area(s): Garments, Textile
Required Skills
Audit reporting
Financial Audit
Fraud Detection
Risk Assessment
Benefits & Facilities
- Mobile bill
- Lunch Facilities: Partially Subsidize
- Salary Review: Yearly
- Festival Bonus: 2
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Skilled and experienced candidate may send their cv to the following address;Head Office: 46/1 Nayanagar Main Road, Chairmanbari Mor, Nayanagar, Turag, Dhaka-1230, Bangladesh.or you can e-mail your CV to hr@entrustgroupbd.com
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