Senior Executive/Executive, Audit

Position Purpose

To conduct timely, effective and comprehensive internal audit activities across Jamuna Group’s diverse business operations. The role is responsible for reviewing financial and operational transactions, evaluating internal controls, identifying risks and irregularities, ensuring compliance with company policies and applicable regulations and providing practical recommendations to improve operational efficiency, financial discipline and risk management.

Duties & Responsibilities

• Conduct internal audits of different business units, factories, offices, projects and commercial operations of Jamuna Group as per the approved audit plan.
• Review financial, operational and administrative transactions to ensure accuracy, completeness, proper authorization and compliance with company policies.
• Examine vouchers, invoices, bills, purchase documents, contracts, bank transactions, ledgers, inventory records and other supporting documents.
• Conduct audits of procurement activities, including vendor selection, quotations, purchase orders, goods receipt, payments and compliance with procurement policies.
• Review inventory management processes and conduct physical verification of raw materials, work-in-process, finished goods, spare parts, consumables and other assets.
• Audit manufacturing and garments-related operations, including raw material consumption, production records, wastage, stock reconciliation, costing and finished goods management, where applicable.
• Review sales, revenue collection, receivables, discounts, returns, expenses and other commercial transactions to identify discrepancies and ensure proper accounting.
• Conduct cash and bank audits, including physical cash verification, bank reconciliation review and examination of cash handling procedures.
• Verify fixed assets, equipment, machinery and other company properties and reconcile physical balances with accounting and asset records.
• Prepare audit working papers, audit observations and detailed audit reports with supporting evidence, risk implications and practical recommendations.
• Discuss audit findings with relevant department heads and obtain management responses and corrective action plans.
• Follow up on previous audit observations and monitor the implementation status of agreed corrective actions.
• Maintain proper documentation of audit procedures, evidence, findings and working papers in accordance with departmental requirements.
• Support in strengthening internal controls, improving business processes and reducing operational and financial risks.
• Perform any other assignment as directed by management.