Audit Coordinator at Oilserv Limited

Job Summary

The Audit Coordinator is responsible for conducting risk-based internal audits, evaluating the effectiveness of internal control systems, and performing fraud investigations and whistle-blowing reviews within the organisation. The role ensures compliance with policies, laws, and regulations while safeguarding company assets and enhancing governance. The position also supports continuous improvement, fraud prevention initiatives, and overall control awareness across business units.

Job Details

Internal Audit & Assurance

• Contribute to the development and execution of the annual audit plan using a risk-based approach.
• Conduct operational, financial, IT, and compliance audits to assess control effectiveness.
• Prepare and maintain complete audit working papers, testing schedules, and evidence documentation.
• Evaluate business processes to identify control weaknesses, inefficiencies, and improvement opportunities.

Fraud Investigation & Whistle-blowing Reviews

• Conduct fraud and misconduct investigations, including planning, evidence gathering, interviews, data analysis, and reporting.
• Perform forensic reviews of transactions, documents, and digital records to identify irregularities.
• Manage whistle-blowing cases, ensuring confidentiality and proper escalation procedures.
• Liaise with Legal, HR, and Compliance where required to support investigation outcomes.
• Prepare fraud investigation reports detailing findings, responsible parties, losses, and recommended corrective actions.
• Monitor and follow up on implementation of investigation recommendations and recovery efforts.

Risk Management & Controls Assessment

• Perform risk assessments to identify areas of potential fraud and emerging business risks.
• Recommend process and control improvements to strengthen internal control environment.
• Support development and implementation of fraud prevention programs, red-flag indicators, and staff sensitisation activities.

Compliance & Governance

• Ensure organisational practices comply with internal policies, regulatory provisions, and professional standards.
• Support external audits, regulatory reviews, and management assurance initiatives.
• Promote ethical culture and control awareness through training and engagement sessions.

Reporting & Stakeholder Engagement

• Prepare timely internal audit and special reports (e.g. investigation reports) with high-quality insights and recommendations.
• Maintain strong working relationships with key stakeholders within the organisation.

Requirements

• A minimum of a bachelor’s degree from a recognized university. 
• Recognized professional in Accounting, Risk Management, and Internal Audit with ACA, ACCA, or CIA certification. 
• Relevant management qualification or training.
• A minimum of 10 years’ experience in the Enterprise Risk Management field in similar organisations.