Chief Internal Auditor at Oilserv Limited

Oilserv Limited is a leading provider of integrated engineering, procurement, construction, installation & commissioning (EPCIC) services and complementary solutions across the asset and program life cycle within the onshore, offshore and subsea market segments of the oil and gas sector. Oilserv Limited was incorporated in 1992 and commenced operations in 1995.

We are recruiting to fill the position below

Job Title: Chief Internal Auditor

Location: Port Harcourt, Rivers
Job Type: Full-time

Summary

• The Chief Internal Auditor (CIA) at Oilserv Limited is a senior executive responsible for leading a robust and independent internal audit function.
• This role provides objective assurance and consulting services to enhance and protect organizational value by evaluating the effectiveness of governance, risk management, and internal control processes.
• The CIA’s primary focus is on conducting comprehensive, risk-based audits of Oilserv’s operations, financial processes, strategic initiatives, and information systems, while distinctly assessing the efficacy of the separate Compliance function without directly performing compliance duties.
• This position ensures adherence to international internal audit standards and best practices, ultimately contributing to Oilserv's operational excellence, resilience, and sustainable growth in the dynamic Nigerian and African Oil & Gas EPCIC landscape.

Job Details
Strategic Audit Leadership & Governance Assurance:

• Develop, implement, and continuously refine a comprehensive, risk-based annual internal audit plan that aligns with Oilserv's strategic objectives, identified enterprise risks, and the specific needs of the Audit Committee.
• Provide independent and objective assurance to the Audit Committee and Board of Directors on the effectiveness of Oilserv’s corporate governance framework, risk management processes, and internal control systems across all business units and projects (EPCIC).
• Present audit results, significant findings, and recommendations to the Audit Committee and Executive Management, ensuring transparency and accountability.
• Maintain and periodically review the Internal Audit Charter, ensuring full compliance with the International Standards for the Professional Practice of Internal Auditing (ISPPIA) and other relevant professional guidance.
• Advise the Board and Executive Management on emerging risks, critical control deficiencies, and opportunities for strategic improvements.
• Provide professional orientation and awareness of the internal audit function to all staff. 

Audit Execution & Management:

• Lead and oversee the full audit cycle for technical and non-technical (financial, operational, strategic, IT, and performance) audits, including planning, program development, fieldwork, report writing, and rigorous follow-up on management action plans.
• Critically evaluate the design and operating effectiveness of internal controls across all key business processes, ensuring they adequately safeguard assets, ensure data integrity, and support accurate financial reporting.
• Conduct complex and sensitive audits, including special investigations (e.g., fraud, significant misconduct, operational failures) as directed by the Audit Committee or Executive Management, maintaining strict confidentiality and impartiality.
• Conduct ad-hoc investigations and reviews as requested by Executive Leadership or the Board
• Review departmental and functional controls within various units (e.g., Project Management, Engineering, Procurement, Construction, Logistics, HR) to ensure adherence to company policies and achievement of operational objectives.
• Specifically, assess the effectiveness of the separate Compliance function in identifying, monitoring, and mitigating regulatory and internal policy compliance risks. This includes auditing the compliance program's design, implementation, and overall effectiveness, but not performing the compliance function itself.

Risk Management Oversight & Advisory:

• Provide assurance on the effectiveness of Oilserv’s Enterprise Risk Management (ERM) framework, challenging risk assumptions and mitigation strategies as appropriate.
• Identify and evaluate new or evolving risks pertinent to the Oil & Gas EPCIC sector in Nigeria and other operating regions (e.g., geopolitical risks, project execution risks, technological risks, supply chain risks, environmental risks, cybersecurity threats).
• Offer proactive, insightful advice to management on risk mitigation strategies and internal control enhancements, functioning as a trusted advisor while preserving audit independence.

Requirements

• Education: Bachelor’s degree in accounting, Finance, Business Administration, Engineering, or a related field from a reputable university. A Master's degree (e.g., MBA, MSc in a relevant field) is highly desirable.
• Minimum of 18+ years of progressive experience in internal audit, with at least 8-10 years in a senior leadership or Chief Internal Auditor role.
• Professional Certification:
• Mandatory: Certified Internal Auditor (CIA) and/or a recognized accounting professional qualification (e.g., ACA, ACCA, CPA).
• Highly Desirable: CISA (Certified Information Systems Auditor), CFE (Certified Fraud Examiner), CRMA (Certification in Risk Management Assurance), or other relevant certifications that bolster audit expertise in an EPCIC/Oil & Gas context.
• Extensive and demonstrable experience within the Oil & Gas EPCIC sector is essential. Understanding of project lifecycle management (FEED, detailed design, procurement, construction, commissioning), contract management (e.g., FIDIC), and joint venture accounting in the Oil & Gas industry.
• Proven experience in managing audit functions where the Compliance function operates as a distinct and separate entity.
• Strong familiarity with Nigerian regulatory frameworks for the Oil & Gas industry (e.g., NUPRC, NNPC, Local Content Act, environmental laws, tax regulations).
• Demonstrable experience with complex ERP systems (e.g., SAP) and advanced audit management software/data analytics tools

Benefits

• Great work culture and multiple opportunities for growth and self-development. 
• 26 days of annual leave, excluding federal public holidays. 
• Health insurance coverage. 
• Monthly employer pension contribution.

Application Closing Date
4th August, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online