JOB OPPORTUNITY

Name of the Position
Assistant Director (Internal Audit)
Job Location
Dhaka
Employment Type
Permanent
Department
Finance & Accounts
Reporting To
Director (Finance & Accounts)
Job Purpose
The Assistant Director (Internal Audit) is responsible for supporting the internal audit function within the university, ensuring that financial and operational activities comply with university policies, regulations, and best practices. The incumbent will assist in conducting audits, assessing internal controls, identifying risks, and providing recommendations for process improvements. Reporting to the Director (Finance & Accounts), the Assistant Director will contribute to maintaining the integrity and efficiency of the university's financial and operational systems.

Key Responsibilities

Internal Audit Planning & Execution

  • Assist in the development and execution of the annual internal audit plan based on risk assessments and management priorities.
  • Perform regular audits of financial operations, compliance with university policies, procurement processes, and other operational areas.
  • Evaluate the effectiveness of internal controls, identify weaknesses, and recommend corrective actions.
  • Conduct risk assessments to identify potential areas of concern or inefficiency in financial and operational practices.

Audit Documentation & Reporting

  • Document audit procedures, findings, and results, ensuring that all work is well-supported and clearly written.
  • Prepare audit reports that detail findings, risk areas, and suggested recommendations.
  • Present audit findings to senior management and assist in discussing recommendations for improvements.
  • Ensure audit reports are delivered on time and are aligned with institutional priorities and objectives.

Compliance Monitoring

  • Monitor adherence to university policies, financial regulations, and external regulatory requirements.
  • Ensure that financial transactions and departmental operations comply with legal and regulatory standards.
  • Assist in ensuring the university maintains compliance with accreditation standards, tax regulations, and other applicable laws.

Risk Management & Internal Controls

  • Assist in assessing risk management strategies and evaluating internal controls to prevent fraud, waste, and inefficiency.
  • Make recommendations for improving internal controls and implementing sound risk management practices across departments.
  • Follow up on the implementation of audit recommendations to ensure corrective actions are taken.

Process Improvement & Efficiency

  • Identify opportunities for process improvements to increase operational efficiency and minimize risk.
  • Work with departments to suggest improvements in financial, operational, and compliance-related processes.
  • Collaborate with departments to provide guidance and advice on best practices and procedural improvements.

Training & Awareness

  • Provide training and guidance to university staff on compliance, internal controls, and audit procedures.
  • Raise awareness about the importance of internal controls, risk management, and adherence to policies and procedures.

Coordination with External Auditors

  • Support the external audit process by providing necessary documentation and assisting in the coordination of audit activities.
  • Work with external auditors to address any questions or findings and implement their recommendations.

Continuous Improvement

  • Stay informed about emerging audit techniques, industry best practices, and changes in relevant regulations.
  • Contribute to the continuous improvement of the internal audit function by suggesting improvements to audit methodologies and tools.

Qualification & Experience

Educational Qualification:

  • Master’s degree in Accounting, Finance, or Business Administration, preferably with a specialization in Internal Audit or a closely related field.
  • Professional certification such as CIA, ACCA, CIMA, ICMA, or CA is preferred.

Experience:

  • Minimum of 5 years of experience in internal auditing, accounting, or a related field, preferably within the education sector or an organization with complex operations.
  • Strong understanding of auditing processes, financial regulations, and risk management practices.
  • Experience in preparing audit reports and presenting findings to senior management.

Core Competencies:

  • Audit Expertise: Strong knowledge of internal auditing practices, financial regulations, and risk assessment techniques.
  • Analytical Skills: Excellent ability to analyze complex data, identify issues, and make recommendations for improvement.
  • Communication Skills: Exceptional verbal and written communication skills, with the ability to present audit findings clearly and persuasively.
  • Attention to Detail: High level of attention to detail to ensure accuracy and compliance in audit documentation and processes.
  • Problem-Solving: Strong problem-solving skills, with the ability to identify risks and propose effective solutions.
  • Confidentiality & Integrity: Ability to handle sensitive information with discretion and maintain a high standard of integrity.
  • Collaboration & Teamwork: Ability to work collaboratively with other departments, external auditors, and senior management to achieve audit objectives.
  • Time Management: Excellent organizational and time-management skills, with the ability to manage multiple projects and deadlines effectively.

Salary & Allowances

As per University policy.

Apply Instruction

Interested candidates who meet the above requirements are encouraged to apply for the position. To apply, please submit the following:

  • Candidate Profile (using the UAP format)
  • A detailed CV (using the UAP CV format)
  • A recent passport-size photograph
  • Copies of relevant educational certificates, mark sheets/transcripts, experience certificates
  • NID (National ID card)
  • Other relevant documents (if any)

Submit your complete application as a single PDF file to jobs@uap-bd.edu.

Please ensure all information in your application is supported by the necessary documents.

Deadline

Applications must be received by Thursday 10 April 2025.

Note: Incomplete applications or those submitted after the deadline will not be considered.

Only shortlisted candidates will be contacted for an interview.

For details about the position, requirements, and to download the UAP format, please visit www.uap-bd.edu/vacancy.php.

Note for Internal Candidates:

  • Applications must be submitted through proper channel.
  • Candidates who are currently in their probation period or whose current position is more than one step below the advertised position are not eligible to apply.

Registrar