Head of Internal Audit (21 views)

Responsibilities & Context

Control Audit: 

  • Preparation of audit plan and Design audit program for every assignment based on plan.
  • Review effectiveness and efficiency of internal control system and implement corrective action.
  • Manage a team of auditors and review their works and providing guideline. 
  • Department-wise process review and gap analysis
  • Any other task assigned by the top management

Budget & Budgetary Control: 

  • Preparation of Monthly & Yearly budget so that the company can control expenses. 
  • Monitoring & controlling the budget as if company spends does not exceed the amount make by budget. 
  • Budget variance with actual expenses at the month & year end. 
  • Analysis the budget variance to find out the reason for variance. 

Compliance of Book Keeping System with Standards: 

  • Managing and overseeing the daily operations of the Accounts & Finance department. 
  • Monitoring and analyzing accounting data and produce financial reports or statements. 
  • Establishing and enforcing pr
  • oper accounting methods, policies and principles. 
  • Ensure of compliance of book keeping system with standard to enforce transparency in organizations. 
  • Provide accurate/ reliable information about its accounts to shareholders/ management or to regulatory authorities.
  • Keeping records, verifying, and reporting the value of a company’s assets, liabilities, debts, revenue and expenses.
  • Fund Management activities.
  • Bank-related activities.

Education

  • Master’s degree/MBA in Accounting, Finance, or a related field.

  • Partly qualified Chartered Accountant (CA Certificate Level Passed).

Experience

  • At least 10 years
  • The applicants should have experience in the following business area(s):
    Insurance

Additional Requirements

  • Minimum of 10 years of professional experience in life insurance company auditing, with at least 5 years in a senior role.

  • Extensive experience in the life insurance industry is mandatory.

Compensation & Other Benefits

  • Mobile bill, Provident fund, Weekly 2 holidays, Insurance, Gratuity
  • Salary Review: Yearly
  • Festival Bonus: 2

Deadline to apply: 14 December 2024