Oando Plc is one of Africa’s largest integrated energy solutions provider with a proud heritage. It has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).
The Senior Internal Audit Officer’s primary responsibility is to facilitate the achievement of the Audit function’s objectives by participating in the execution of less complex audit activities and investigations.
This job incumbent has responsibility for implementing the day-to-day functions of the Internal Audit department, to achieve objectives consistent with the group’s corporate strategy and business goals.
This is achieved by conducting periodic and continuous independent assessments of the adequacy of business processes and controls as well as level of compliance with company policies and procedures.
The Senior Internal Audit Officer supports in the execution of business process, operations, financial and Joint Venture audits, Production Sharing Contract audits, fraud detection and investigations as may be required from time to time.
Main Responsibility Areas
Participate in the identification and evaluation of business risks associated with strategic and operational objectives of the organisation.
Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives
Execute developed test plans for each engagement to achieve set audit objectives and address risk exposures within the organisation.
Ensure proper documentation of audit work papers, findings and recommendations in accordance with the methodology
Assisting with engagement administration including preparation of project plans, budgets and minutes of meetings
To participate and prepare reports in the periodic and annual stock count exercise and crude fiscalization exercise and ensure that the activities are carried out in line with the company's procedures
Provide on the job training to internal audit officers on assigned tasks
Performs review of work done by internal audit officers
Participate in the execution of audits and ensure efficient and effective execution of annual audit plan
Ensure delivery of assigned audit tasks in a timely manner
Ensure compliance with audit methodology and provide input to the development of audit work programs
Perform procedures to assess compliance with the laid down policies, processes and procedures
Review systems and procedures across all business areas and recommend improvements to existing processes and procedures, where appropriate
Participate in investigations of control breaches, as may be necessary from time to time
Perform other activities as assigned by Superiors
Key Performance Indicators
Quality of audit documentation and work papaers
Timeliness of audit deliverables
Job Specification
Degree in Accounting, Finance, Economics, Computer Science or related area
Membership of a recognized Accounting Professional Body (ACA / ACCA, or equivalent ) will be added advantage
A minimum of 4 years cognate experience in a structured business environment with at least 3 years' experience in review of business processess, risks, controls and financials.
Core Competencies:
Knowledge of the Oil & Gas Industry
Knowledge of business process, risks and controls
Knowledge of Risk Management and Internal Control Framework
High level of self-motivation, determination and confidence in your abilities
Proficient in the use of ACL and Microsoft Suites
Meticulous attention to detail
Excellent problem-solving skills and clear logical thinking
A keen interest in the financial system combined with excellent commercial awareness
Ability to work to deadlines, under pressure, and the willingness to put in the extra hours when needed.
Ability to work on your own initiative and as part of a team
Excellent interpersonal and communication skills, including good presentation and documentation skills
Passion for delivering an exceptional client service
Good analytical and organizational abilities
Ability to establish and maintain strong relationships with clients