Head, Internal Compliance and Audit at VURIN Group

​​​​​​​The Role: 

• We’re on the hunt for a talented and driven Head, Internal Compliance and Audit to join our dynamic team. He/she would be responsible for ensuring the organization's adherence to regulatory requirements, internal policies, and industry standards. You will play a crucial role in implementing and monitoring internal controls, conducting compliance audits, and mitigating risks.
• If you're driven to achieve significant impact and uphold the highest standards of compliance, we’d love to hear from you!

What you’ll do:

• Regularly review and assess internal policies, procedures, and processes to ensure compliance with relevant laws and regulations.
• Monitor changes in legislation and industry standards and update internal policies accordingly.
• Develop, implement, and maintain robust internal control procedures to safeguard company assets and data.
• Collaborate with cross-functional teams to design and enhance internal control mechanisms.
• Identify and evaluate potential risks associated with business operations.
• Develop risk assessment reports and recommend mitigation strategies.
• Plan and conduct regular compliance audits to assess the effectiveness of internal controls.
• Prepare audit reports with findings and recommendations for improvement.
• Foster a culture of compliance and ethical behavior within the organization.
•  Maintain accurate records of compliance activities and audit results.
• Prepare and submit required compliance reports to regulatory authorities.

Key Performance Indicators (KPIs):

• Compliance Rate: Measure the percentage of time the organization complies with relevant laws, regulations, and internal policies.
• Audit Effectiveness: Assess the success of compliance audits by tracking the number of identified issues and the speed of their resolution.
• Risk Mitigation: Monitor the implementation and impact of risk mitigation strategies, aiming for a reduction in identified risks.
• Documentation Accuracy: Ensure that all compliance-related documentation is accurate, complete, and up to date.
• Regulatory Reporting Timeliness: Track the punctuality and accuracy of regulatory reports submitted to relevant authorities.
• Culture of Compliance: Conduct employee surveys or assessments to gauge the organization's overall commitment to compliance and ethical behaviour.

What we are looking for:

Education:

• Bachelor's degree in Accounting, Mathematics, or Engineering (Master's degree an added advantage).
• Certification in Compliance (e.g., Certified Compliance and Ethics Professional - CCEP) is a plus.

Experience:

• Minimum of 8 years of cognate Internal Compliance and Audit experience, at least 6 of those in the Oil and Gas industry.
• Strong understanding of relevant laws and regulations.
• Excellent analytical, communication, and problem-solving skills.
• Clear Understanding of the Oil and Gas Operations Processes