Executive / Sr. Executive- Internal Audit

About Bio-Xin Cosmeceuticals:

Bio-Xin Cosmeceuticals is a leading provider of advanced skincare & wellness solutions, blending cutting-edge science with the finest natural ingredients. As a trailblazer in aesthetic enhancement in Bangladesh, Bio-Xin is recognized as a world-class skincare hub committed to delivering personalized care and globally acclaimed dermo-cosmetics.

Bio-Xin Skin Care Clinic has built a strong leadership position in comprehensive skin and hair care solutions—ensuring excellence from initial diagnosis to treatment execution. We don’t just claim uniqueness—we demonstrate it through our work, quality, and results.

Job Summary:

We are looking for a Senior Executive/ Executive – Internal Audit to conduct branch and operational audits across the country. The role will be responsible for assessing internal controls, verifying inventory and financial transactions, identifying risks and irregularities, and ensuring compliance with company policies and SOPs.

Key Responsibilities:

A. Branch Audit Execution (Field Work – 12–15 Days/Month)

• Conduct comprehensive branch audits and physical visits across the country.

• Plan and execute branch audit engagements, including evaluating compliance with company policies, standard operating procedures (SOPs), and internal control mechanisms.

• Identify control weaknesses, financial risks, errors, and potential fraud.

• Perform regular and surprise inventory audits of work-in-progress (WIP), finished goods, and spare parts.

• Verify physical stock against ERP/system records and investigate stock variances.

• Audit cash, bank, purchase, sales, payment, receipt, and journal vouchers, ensuring proper supporting documents are in place.

• Reconcile physical stock, ERP inventory records, and accounting ledgers.

• Monitor slow-moving, non-moving, damaged, and obsolete inventory.

B. Office Work, Reporting and Documentation (Office Work – Remaining Days)

• Review invoices, bills, purchase orders (POs), goods receipt notes (GRNs), challans, requisitions, approvals, payment vouchers (PVs), journal vouchers (JVs), and other relevant documents.

• Verify purchase quantities, rates, vendor invoices, and approved purchase orders.

• Examine material receiving, issuing, transferring, returning, and consumption transactions.

• Validate production inputs, outputs, material consumption, and factory wastage.

• Analyze actual consumption against standard consumption and highlight unusual variances.

• Check ERP entries, ledger postings, journal entries, and account heads for accuracy.

• Identify duplicate, unsupported, unauthorized, or irregular transactions.

• Prepare Audit Observation Reports detailing findings, associated risks, and actionable recommendations.

• Follow up on previous audit observations to ensure that corrective actions are implemented.

• Prepare regular audit reports and present findings to the Head of Department (HOD).

• Maintain comprehensive audit documentation and organized working papers.

• Analyze audit data to identify trends, patterns, and areas of concern.

C. Coordination and Communication

• Coordinate with Accounts, Finance, Operations, Procurement, Store, and other departments throughout the audit process.

• Communicate audit findings clearly to branch management and relevant stakeholders.

• Provide regular updates to the Senior Manager, Internal Audit, on audit progress and key findings.