Assistant Manager Internal Audit

• Aug 2023 - Present

Senior Executive, Internal Audit

• Feb 2022 - Aug 2023

● Prepared and implemented monthly and quarterly risk based Branch audit plan on the basis of risk matrix, leading to an improved audit process and better risk identification. ● Led 30 Branch’s financial, operational (i.e. Patient service, Laboratory, Radiology, Pharmacy etc.) and compliance audit according to the annual approved audit plan.● Performed special investigation/assignment on more than 21 fraud cases on ad-hoc basis, while recommending effective control measures to mitigate risks and recovered the embezzled amount of nearly BDT 1.05 million in last one year. ● Proactively identified potential risky areas and developed 12 Standard Operating Procedures (SOP) to minimize/ mitigate risks and improve operational efficiency.● Performing as lead Data Analytics auditor and analyzing financial data (MIS & HIS) to uncover critical issues and formulate an efficient audit plan. ● Review monthly budget for reagents, consumables and budgetary variance analysis report, which helps to improve the budget accuracy by 10-20%, enabling cost optimization and effective financial planning.● Review supplier invoices and verify the accuracy of TDS and VDS calculations, exemptions, and input/output tax to ensure tax compliances are being adhered. ● Review capital expenditures (i.e. imported medical equipment, assets under construction/CWIP, Branch renovation) and operational expenditures (i.e. supplier payment, incentives) to ensure proper resource utilization.● Responds to inquiries from CEO and Senior Management regarding financial fraud, control weakness, risk management, cost savings on procurement, and special reporting as requested. Show less

Financial Analyst

• Nov 2017 - Jan 2022

-Manage a portfolio of corporate clients as a Team leader of the Insurance rating team and also played a vital role as a member of the Bank rating team by providing a significant number of bank and bond rating reports. -Assessing different operational risks of various blue-chip organizations (both manufacturing and service-oriented) including Public Limited Companies, Parent and subsidiary companies of renowned groups, Banks, Non-Banking Financial Institutes (NBFI), Corporate Bond, Sukuk, Insurance companies etc. -Evaluating project finance, feasibility and succession of the project yet to be invested or already has been invested by banks or NBFIs. -Prepare financial models for feasibility reports in order to forecast the future earnings, cash flows and performance of a project. -Variance analysis for budgetary control and proposing initiative to meet the target. -Developed rating methodology for SME rating which increases the operational efficiency by 20% in 2021. -Prepare financial statements for the distributor of Unilever Bangladesh Limited and Marico Bangladesh Limited. -Review and supervise the work of a group of analysts and attend the Internal Review Committee (IRC) meeting to ensure all the compliance issues set out by Bangladesh Bank and Bangladesh Securities Exchange Commission. -Establish strong client relationships while maintaining a balance between company and customer objectives. Show less

Audit Associate

• Jan 2018 - Oct 2018

Joint Audit assignment of Emerging Resources Limited and ARTISAN Chartered Accountants for the purpose of a forensic audit engagement of Padma Bank Limited. (Previously known as The Farmers Bank Limited). My Key responsibilities were: Scrutinizes the credit portfolio of BDT 50.00 billion and credit appraisal process of the bank to Identify material misrepresentations of financial assets. -Perform analytical and other required audit procedures instructed by the Team Coordinator. -Investigate the sources and destination of the diverted fund. -Formulate different financial models using Microsoft excel, used as a tool of fraud investigation to figure out potential loss incurred by the bank as a consequence of alleged fraud. -Review and examine documents to analyze the overall fact pattern of fraud allegation and synthesize data into a professional report with the recommendation as per Bangladesh Bank’s requirement. Show less