Audit Officer at Coisco Integrated Resources & Petroleum Limited

COISCO Integrated Resources and Petroleum Limited is a proudly indigenous Oil & Gas company operating in Nigeria’s downstream sector. Incorporated as a Limited Liability Company in 2006, the company commenced full operations in December 2007 and has since grown into a trusted name within the industry.

At COISCO, integrity, excellence, service, and respect form the core values that drive everything we do. We are committed to delivering quality products and services with excellence, ensuring that our operations consistently meet industry standards and customer expectations.

Our business activities cut across haulage and retail sales, with product lines that include Petrol (PMS), Diesel (AGO), Kerosene (DPK), Liquefied Petroleum Gas (LPG), and Lubricants.

Our head office is strategically located at KM 10, Onitsha–Owerri Road, Ogbaku, Imo State, serving as the operational hub for our expanding network.

We are recruiting to fill the position below:

Job Title: Audit Officer

Location: Ogbaku, Mbaitoli - Imo State or Uga - Anambra
Employment Type: Full-time

Role Summary

• The Audit Officer will be responsible for evaluating and strengthening internal control systems, conducting routine and surprise audits across stations, verifying financial and operational records, and ensuring strict compliance with company policies and regulatory standards.
• The ideal candidate must be highly disciplined, investigative in approach, and capable of identifying risks, leakages, and operational inefficiencies within a fast-paced retail environment.

Key Responsibilities
Internal Audit & Controls:

• Conduct regular internal audits across all retail stations and head office operations.
• Review and assess internal control systems to ensure adequacy and effectiveness.
• Identify control weaknesses, operational gaps, and risk exposure areas.
• Recommend improvements to strengthen financial and operational controls.

Station Audits (Core Function):

• Perform routine and surprise audits at filling stations.
• Verify daily sales, cash collections, POS transactions, and bank lodgements.
• Reconcile fuel sales with pump readings, tank dips, and stock records.
• Ensure proper documentation of all station transactions and supporting records.
• Investigate discrepancies, shortages, and variances in sales or stock.

Inventory & Asset Verification:

• Monitor and audit fuel inventory (PMS, AGO, DPK, lubricants, etc.).
• Conduct physical stock counts and reconcile with records.
• Verify station assets including pumps, generators, meters, and equipment.
• Detect and report losses, theft, or mismanagement of assets.

Compliance & Policy Enforcement:

• Ensure strict compliance with company policies, procedures, and financial controls.
• Monitor adherence to operational guidelines across all stations.
• Ensure proper documentation and filing systems are maintained.
• Check compliance with HSE standards and operational protocols.

Financial & Operational Review:

• Review daily, weekly, and monthly station reports.
• Analyze revenue trends, cost patterns, and operational variances.
• Track cash flow movements and identify irregularities.
• Ensure accurate reporting of financial and operational data.

Reporting & Documentation:

• Prepare detailed audit reports highlighting findings, risks, and recommendations.
• Submit timely audit reports to management.
• Maintain proper audit records and documentation for reference and review.
• Follow up on audit recommendations to ensure corrective actions are implemented.

Fraud Detection & Risk Management:

• Identify potential fraud, leakages, and financial misstatements.
• Investigate suspicious transactions and operational irregularities.
• Support management in fraud prevention initiatives and risk mitigation strategies.

Requirements
Education:

• Minimum of HND or Bachelor’s Degree in Accounting or Finance

Experience:

• 10 - 15 years’ experience in auditing, internal control, or financial inspection roles.
• Experience in oil & gas retail (filling station), FMCG, or multi-branch operations is a strong advantage.

Location Requirement:

• Candidate must reside in Imo State OR Uga (Anambra)or willing to relocate to either of these locations

Skills & Competencies:

• Strong analytical and investigative skills
• High attention to detail and accuracy
• Strong knowledge of auditing principles and internal controls
• Good understanding of cash management and inventory systems
• Ability to interpret financial and operational data
• Strong reporting and documentation skills
• Proficiency in Microsoft Excel and basic accounting tools
• Integrity, confidentiality, and ethical discipline
• Ability to work independently and travel frequently to stations
• Strong communication and interpersonal skills.

Preferred Attributes:

• Strong sense of accountability and professionalism
• Ability to detect fraud and operational inefficiencies
• Firm but fair approach to compliance enforcement
• Ability to work under pressure and meet deadlines
• Willingness to conduct field audits and surprise checks.

Application Closing Date
19th June, 2026.

How to Apply
Interested and qualified candidates should send their CV to: recruitment@coiscostancosoil.com.ng OR coiscorecruitment@gmail.com using "Audit Officer Application" as the subject of the mail.