Internal Audit 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.

We are recruiting to fill the position below:

Job Title: Internal Audit

Location: Garki, Enugu or Owerri - Imo 
Employment Type: Full-time

Job Summary

• The Audit Officer will be responsible for evaluating the effectiveness of internal controls, conducting operational and financial audits, ensuring compliance with company policies, identifying operational risks, and recommending practical improvements to enhance efficiency, safeguard company assets, and minimize losses across our retail operations.
• The ideal candidate must possess strong analytical, investigative, and reporting skills, with proven experience in internal auditing.

Key Responsibilities
Internal Audit & Compliance:

• Plan and execute routine, periodic, and surprise audits across company stations.
• Evaluate the adequacy and effectiveness of internal control systems.
• Ensure compliance with company policies, procedures, and operational standards.
• Monitor implementation of audit recommendations and corrective actions.

Inventory & Stock Management:

• Audit and reconcile petroleum product inventory across all stations.
• Reconcile daily sales with pump meter readings, tank dips, and stock records.
• Conduct routine and surprise stock verification to identify variances and losses.
• Monitor product movements and ensure accurate inventory records and reporting.

Financial Audit:

• Review cash management processes, daily sales, deposits, and bank reconciliations.
• Verify the accuracy of financial records, accounting entries, and supporting documentation.
• Review revenue assurance processes and investigate discrepancies.
• Assess compliance with financial policies and reporting requirements.

Operational Audit:

• Conduct audits of station operations, inventory management, fuel discharge, product movement, and stock reconciliation.
• Verify pump readings, tank measurements, fuel receipts, and physical inventory.
• Evaluate operational efficiency and identify areas of wastage, leakages, or process improvement.
• Review asset management practices and safeguard company resources.

Risk Management & Investigation:

• Identify operational, financial, and compliance risks.
• Investigate suspected fraud, theft, revenue leakages, and policy violations.
• Prepare detailed investigation reports with findings and recommendations.
• Support management in strengthening fraud prevention and risk mitigation initiatives.

Reporting:

• Prepare comprehensive audit reports highlighting findings, observations, risk exposure, and recommendations.
• Present audit findings to Management and follow up on implementation of agreed actions.
• Maintain proper audit documentation and working papers.

Requirements
Education:

• Bachelor's Degree or HND in Accounting, Finance, Economics, Business Administration, or a related discipline.
• Related professional Certification is an added advantage.

Experience:

• Minimum of 3 years' experience in Internal Audit, External Audit, Internal Control, Compliance, or Risk Management.
• Experience in oil & gas, retail, FMCG, manufacturing, or other multi-location operations will be a strong advantage.

Location;

• Candidate MUST reside either in ENUGU State or IMO State.

Required Competencies:

• Strong understanding of internal audit principles and internal control frameworks.
• Excellent knowledge of financial reporting and accounting processes.
• Strong analytical, investigative, and problem-solving skills.
• High level of integrity, objectivity, and professional ethics.
• Excellent report writing and documentation skills.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Good communication and interpersonal skills.
• Ability to work independently with minimal supervision.
• Willingness to travel frequently to company locations.

Application Closing Date
14th August, 2026. 

How to Apply
Interested and qualified candidates should send their CV to: recruitment@coiscostancosoil.com.ng using "Audit Officer (Your Location)" as the subject of the mail.

Note

• Your location either Enugu or Imo.
• Only shortlisted candidates will be contacted.