Internal Audit Analyst at Newcross Petroleum Limited

Job Purpose:

• Assists Head Internal Audit in Internal Auditing for effective controls to safeguard the organization’s assets.
• Monitor and assess how risks are being managed and how internal processes are working
• Evaluate the effectiveness of risk management and operational effectiveness in the Newcross and Pan Ocean group.

RESPONSIBILITIES

• Support the Internal Audit team to plan, perform, and report on risk-based audit assignments.
• Perform the follow-up on all audits performed to ensure all recommendations are implemented within the agreed timeframes to an appropriate standard.
• Contribute to the development of audit plans and perform initial and follow-up audits in accordance with professional standards.
• Evaluates audit findings; prepares and presents the draft results of audit work and recommendations to management in the form of oral and written communications.
• Ensure accurate and complete documentation of audit work steps, findings and recommendations
• Perform internal control activities to support risk management and advise on control improvements

ACCOUNTABILITIES

• Deliver on various assigned tasks and ensure satisfactory outcomes.
• Draft audit reports in a clear, concise, and factual manner while considering practical solutions to improve business processes and achieve company objectives.
• Identify financial and operation processes that can be improved
• Determine ways to cut costs and improve profitability

KEY PERFORMANCE INDICATORS (KPI’S)

• Timely production of draft audit report.
• % recommendations confirmed fully implemented at time of formal follow up.
• Completion of the audit plan
• Documentation on Teammate Software

KEY INTERFACE

• Head, Audit
• Internal Audit Team
• Department Leads
• Process Owners

SKILLS AND EXPERIENCE

• Knowledge of internal auditing and internal control standards, procedures, and general auditing policies.
• Ability to communicate effectively, both orally and in writing.
• Spreadsheet software skills to quantify and illustrate routine financial reports, comparisons, impacts, and/or projections.
• Ability to analyze and solve problems.
• Ability to effectively communicate accounting information, policies, and/or procedures in a manner easily understood by the customer.
• Knowledge in financial record keeping procedures, laws, and regulations.
• Exceptional ability to motivate, persuade, and influence others.
• Ability to analyze data and give correct interpretations.
• Good interpersonal skills.

QUALIFICATION REQUIREMENTS

Qualifications include:

• Bachelor’s degree in accounting or related disciplines
• ICAN or ACCA or CIA (maybe in-view) and other relevant professional membership/qualification will be an added advantage
• Minimum of 5years post qualification experience in an Internal Control/Risk
• Management/Audit role
• Knowledge of Oil and Gas Accounting