Assistant Manager – Internal Control & Audit

Santic (Bangladesh) Co., LTD

Santic (Bangladesh) Co., LTD

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Summary

• Vacancy: 02
• Age: at least 28 years
• Location: Dhaka (Ashulia)
• Salary: Negotiable
• Experience: At least 5 years
• Published: 19 May 2025

Requirements

Education

• Bachelor of Business Administration (BBA) in Accounting, Master of Business Administration (MBA) in Finance

• CA CC from a reputed CA firm.

Experience

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

Additional Requirements

• Age at least 28 years

Responsibilities & Context

Internal Financial Audit:

• Audit financial statements, general ledgers, and subsidiary ledgers.
• Reconcile bank statements and verify cash handling across departments.

Payroll Audit:

• Check and verify monthly payroll, overtime, leave encashment, bonuses, benefits, and deductions.
• Ensure accuracy in final settlements, gratuity, maternity benefits, and statutory payments.

Procurement & Supplier Audit:

• Audit purchase requisitions, LPOs, comparative statements (CS), supplier invoices, and GRNs.
• Verify pricing, quantity, delivery, and payment terms in line with company policy.
• Conduct supplier background verification and site visits for authenticity checks.
• Visit local markets to conduct physical price verifications and benchmark supplier quotations against prevailing rates.
• Interview/testify suppliers (if required) to assess reliability, delivery capacity, and compliance with contract terms.

Inventory & Asset Audit:

• Conduct factory stock audits (central & sub-stores) – raw material, WIP, FG.
• Verify fixed asset registers, tagging, depreciation calculation, and disposal process.

Production Audit:

• Verify process-wise flow from Fabric Receipt → Cutting → Sewing → Finishing → Shipment.
• Audit sample consumption, fabric usage variance, and rejection/wastage trends.
• Review line balancing reports, target vs. achieved reports, and air shipment root causes.

Incentive & Performance Audit:

• Audit attendance-based and performance-based incentive schemes.
• Verify cash incentive records, festival bonus calculations, and disbursements.

BTB & Commercial Document Review:

• Check Proforma Invoices before BTB L/C opening.
• Review bill of exchange, import documentation, and reconcile BTB liabilities.

Compliance & Risk Management:

• Ensure internal controls comply with accounting standards, tax/VAT laws, labor laws.
• Identify operational risks, document findings, and recommend control improvements.

MIS Reporting:

• Prepare monthly audit observation reports and risk registers.
• Submit variance analysis and exception reports to the head of finance and MD.

Policy & SOP Review:

• Review existing internal control systems and develop standard operating procedures (SOPs).
• Conduct training for departments on internal control measures and audit preparedness.

Support External Audit & Due Diligence:

• Coordinate with statutory auditors and ensure timely submission of schedules and documentation.

Skills & Expertise

ERP Softwear

Excellent communication skill

MS Word/ Excel/ PowerPoint/ OneNote

Problem Solving Ability

Compensation & Other Benefits

• Salary Review: Yearly
• Festival Bonus: 2

Earn Leave Encashment.

Workplace

Work at office

Employment Status

Full Time

Gender

Only Male

Job Location

Dhaka (Ashulia)

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