Internal Audit Analyst at Newcross Petroleum Limited (NPL)

Newcross Petroleum Limited (NPL) is an emerging indigenous company with investment and operating interests in the Nigerian oil and gas industry. The Company is governed by a board of directors with proven integrity and driven by a dynamic management team with broad knowledge and experience in the oil and gas industry. 

The Company has a deep understanding of its operating environment and is focused on profitability and high return on investment, whilst remaining socially and environmentally responsible. Newcross’ goal is to provide sustainable solutions to the energy challenges of Nigeria and use its operational success in the country as a springboard into the international arena, starting with the Sub-Saharan African markets.

We are recruiting to fill the position below:

Job Title: Internal Audit Analyst

Location: Lagos
Job Type: Full Time

Job Summary

• Assists Head Internal Audit in Internal Auditing for effective controls to safeguard the organization’s assets.
• Monitor and assess how risks are being managed and how internal processes are working
• Evaluate the effectiveness of risk management and operational effectiveness in the Newcross and Pan Ocean group.

Responsibilities

• Support the Internal Audit team to plan, perform, and report on risk-based audit assignments.
• Perform the follow-up on all audits performed to ensure all recommendations are implemented within the agreed timeframes to an appropriate standard.
• Contribute to the development of audit plans and perform initial and follow-up audits in accordance with professional standards.
• Evaluates audit findings; prepares and presents the draft results of audit work and recommendations to management in the form of oral and written communications.
• Ensure accurate and complete documentation of audit work steps, findings and recommendations
• Perform internal control activities to support risk management and advise on control improvements.

Accountabilities

• Deliver on various assigned tasks and ensure satisfactory outcomes.
• Draft audit reports in a clear, concise, and factual manner while considering practical solutions to improve business processes and achieve company objectives.
• Identify financial and operation processes that can be improved
• Determine ways to cut costs and improve profitability.

Key Performance Indicators (KPIs)

• Timely production of draft audit report.
• % recommendations confirmed fully implemented at time of formal follow up.
• Completion of the audit plan
• Documentation on Teammate Software.

Qualifications

• Bachelor’s Degree in Accounting or related disciplines
• ICAN or ACCA or CIA (maybe in-view) and other relevant professional membership / qualification will be an added advantage
• Minimum of 8 years’ post qualification experience in an Internal Control/Risk Management / Audit role
• Working knowledge of Oil and Gas Accounting.

Key Interface:

• Head, Audit
• Audit Trainee
• Department Leads
• Process Owners.

Skills and Experience:

• Knowledge of internal auditing and internal control standards, procedures, and general auditing policies.
• Ability to communicate effectively, both orally and in writing.
• Spreadsheet software skills to quantify and illustrate routine financial reports, comparisons, impacts, and/or projections.
• Ability to analyze and solve problems.
• Ability to effectively communicate accounting information, policies, and/or procedures in a manner easily understood by the customer.
• Knowledge in financial record keeping procedures, laws, and regulations.
• Exceptional ability to motivate, persuade, and influence others.
• Ability to analyze data and give correct interpretations.
• Good interpersonal skills.

Application Closing Date
27th May, 2025.