Jobs in an Oil and Gas (Downstream and Upstream) Industry

Job Description
Reporting to the Board, the candidate will be responsible for independently conducting group wide and project specific risk assessments, and conducting audits for the various business units while interacting with management at all levels and developing the annual risk management and internal audit plans including the team program and schedule.

Responsibilities shall include the following:

• Developing risk management framework and strategies, implementing and being responsible for group risk management including compliance to people, regulators, finance and economic risks for business continuity.
• Developing framework for the standardization of all processes to ensure appropriate monitoring and follow up on key initiatives.
• Undertaking reviews and risk assessment of key initiatives, projects and operation activities
• Auditing and check of controls including regular and on the spot audits of financial controls and management systems for corporate policy and legal compliance
• Performing special reviews and audits including risk-based audits/reviews on any aspects of operations.
• Conducting regular and on the spot audits of financial controls and management systems for corporate policy and legal compliance
• Performing special review and audits including risk-based audits/reviews on any aspects of operations.
• Ensuring any identified data error, unaccountable transactions, faulty or inefficient processes are duly communicated to management while proffering suitable solutions and control measures.
• Reviewing and recommending changes on internal processes periodically
• Ensuring strict adherence to budget by instituting controls
• Reviewing management accounts periodically to ensure proper classification.
• Reporting on investigation of transactions with specific customers and others
• Review Accounts of transactions with bankers paying particular attention to a) agreed loan condition. b) interest rates and exchange conversion rate
• Investigate any issue as may be required by the Board
• Ensuring tankfarm dipping of inventories on regular basis including unscheduled dippings.
• Pre-payment audits covering audit of all payments before cheques are issued and released.

Qualification, Experience and Attributes

• Bachelor's Degree from a reputable institution plus ICAN/ACA/ACCA/CISA
• Strong background in finance specifically sound knowledge of oil and gas financing operations essential. Possession of an MBA will be an added advantage
• Minimum of 10 years cognate experience in similar capacity within the risk management or internal audit function or an audit firm, of which at least 6 years must be post-qualification
• Good computer skills in accounting and auditing applications, and security
• Effective communication and presentation skills, cooperation across departments whilst maintaining discretion, confidentiality and focus.
• Conversant with all relevant financial laws and external regulations as well as audit standards and best practices.
• Demonstrate a pro-active ability to accurately identify problems and risks, to systematically and logically analyze information and propose solutions.
• Honest person with very high integrity and independence also observing professional ethics when executing his/her duties
• Ideal age should be between 35 - 42 years.