Company Overview
Bank of Ceylon (BOC) is Sri
Lanka’s largest state-owned commercial bank, established in 1939. It provides a
comprehensive range of financial services, including retail banking, corporate
banking, trade finance, and treasury operations. With a vast branch network
across Sri Lanka and international offices in key global markets, BOC plays a
pivotal role in the nation’s economic growth. The bank actively supports
industries, SMEs, and international trade while maintaining a strong market
share in deposits and loans. Renowned for its digital banking innovations, BOC
enhances customer experience with modern financial solutions. Operating under
the Central Bank of Sri Lanka’s regulations, it upholds international banking
standards, ensuring stability and trust.
Reviews Of the Company
As of January 7, 2025, Review Sri
Lanka reports that the Bank of Ceylon holds a customer service rating of 27 out of
100, with an overall user average score of 28 out of 100, based on seven
visitor reviews.
On Glassdoor, Bank of Ceylon has
an overall rating of 3.9 out of 5, based on over 150 reviews left anonymously
by employees. 74% of employees would recommend working at the Bank of Ceylon to
a friend, and 92% have a positive outlook for the business.
On Indeed, a former employee described the Bank of Ceylon as the best place to work in Sri Lanka, highlighting its position as the number one bank in the country with the largest customer base.
These mixed reviews suggest that while the Bank of Ceylon is a prominent financial institution in Sri Lanka, customer experiences vary. Potential customers should consider these reviews and conduct further research before making banking decisions.
Position insights
An Audit Trainee is an entry-level
role in the auditing field, primarily for fresh graduates or students pursuing
accounting qualifications. The role involves assisting in financial audits,
reviewing records, and ensuring compliance with regulations. Audit trainees
work under senior auditors to analyze financial data and identify
discrepancies. They may also participate in stock counts, risk assessments, and
internal control evaluations. Strong analytical skills, attention to detail,
and proficiency in accounting software are essential. The position provides hands-on
experience in auditing, taxation, and financial reporting. It serves as a
foundation for career growth into roles such as Audit Associate, Senior
Auditor, or Finance Manager. This role is common in audit firms, corporate
finance departments, and government agencies.
Not
mentioned in the job advertisement, this is only industry standard for your
reference.
Normally Benefits of This Job
The Audit Trainee position offers
several benefits, including:
- Hands-on Experience; Provides practical exposure to auditing, accounting, and financial analysis.
- Career Growth; Serves as a stepping stone to higher positions like Senior Auditor or Finance Manager.
- Professional Development; Helps in obtaining certifications such as CA
- Networking Opportunities; Allows trainees to build connections with finance professionals.
- Industry Knowledge; Enhances understanding of financial regulations, compliance, and risk management.
- Skill Enhancement; Develop analytical, problem-solving, and communication skills.
- Job Security; Auditing is an essential function in businesses, ensuring consistent job demand.
- Diverse Career Paths; Opens opportunities in finance, taxation, and consultancy.
- Competitive Salary Growth; Earnings increase with experience and qualifications.
- Global Opportunities; Auditing skills are transferable across industries and countries.
Not
mentioned in the job advertisement, this is only industry standard for your
reference.
Job description
The Bank of Ceylon provides training
opportunities for aspiring audit professionals to gain hands-on experience in
the financial sector. This program is designed to support CA Sri Lanka students
in completing their CA Articles by offering practical exposure to auditing and
financial reporting. It serves as a valuable platform for developing industry-relevant
skills and understanding professional auditing standards. While this is not a
permanent employment opportunity, it provides trainees with essential
experience to advance their careers in auditing and finance.
Job Requirements
- Completed Chartered Accountancy Business Level II
- Below 27 years of age
- Excellent communication and report-writing skills
- Proficiency in MS Office applications
- Up-to-date knowledge of Sri Lanka Accounting & Auditing Standards
- Strong teamwork skills
Salary Range Insights
In Sri Lanka, the monthly salary
for an Audit Trainee typically ranges from LKR 10,000 to LKR 12,000. For
instance, at KPMG, Audit Trainees earn an average base salary of LKR 10,000 per
month, while at EY, the average base salary is approximately LKR 12,000 per
month In Colombo, the estimated total monthly pay for an Audit Trainee is
around LKR 12,321, with a base salary of LKR 11,000 (Source: GLASSDOOR.COM)
Not
mentioned in the job advertisement, this is only industry standard for your
reference.
How to Apply
- To apply for the Audit Trainee position at the Bank of Ceylon, follow these steps:
- Prepare Your Resume – Ensure it highlights your educational qualifications, skills, and any relevant experience.
- Email Your Application – Send your resume to ciaoffice@boc.lk with the subject line indicating the job position (e.g., "Application for Audit Trainee").
- Include a Cover Letter – Briefly introduce yourself, explain why you’re interested in the role, and highlight your relevant skills.
- Submit Before Deadline – Although the exact deadline isn't mentioned, apply as soon as possible to increase your chances.
Tips to Create the Best CV For this Job
- Tips to Create the Best CV for an Audit Trainee Position at Bank of Ceylon
- Keep It Concise – Limit your CV to one or two pages, ensuring it’s clear and well: structured.
- Professional Format – Use a clean, simple design with headings like Personal Details, Education, Skills, and Experience for easy readability.
- Strong Personal Statement – Start with a summary (2 to 3 sentences) highlighting your career goals and why you’re a great fit for an Audit Trainee role.
- Highlight Education & Certifications – Emphasize your CA Sri Lanka progress (mention Business Level II completion) and any relevant coursework in accounting and auditing.
- Showcase Key Skills – Include:
- Financial Reporting & Auditing Standards
- MS Office (Excel, Word, PowerPoint)
- Communication & Report Writing
- Analytical & Problem: Solving Abilities
- Teamwork & Attention to Detail
- Include Internships or Projects – If you have prior internship experience in auditing, accounting, or finance, mention your role, responsibilities, and achievements.
- Use Action Words – When describing experiences, use words like "analyzed," "assisted," "prepared," "reviewed," and "reported" to make your contributions stand out.
- Avoid Unnecessary Information – Do not include irrelevant personal details like religion, marital status, or political affiliations.
- Proofread for Errors – Ensure there are no spelling or grammatical mistakes as accuracy is crucial in an audit role.
- Attach a Professional Cover Letter – Write a short, personalized cover letter explaining your interest in the role, key skills, and why you want to join the Bank of Ceylon.
- By following these tips, you can create a strong and professional CV that increases your chances of being shortlisted.
