Internal Auditor at COISCO

Job Summary

• The Internal Auditor will be responsible for independently evaluating the effectiveness of internal controls, financial processes, operational procedures, and compliance systems across all company locations (stations, depots, and offices).
• The role focuses strongly on loss prevention, risk management, and process improvement within an oil & gas environment.

Key Responsibilities
Audit & Control:

• Conduct routine and surprise audits across retail stations, depots, and head office operations
• Review financial records, cash handling processes, fuel stock management, and reconciliation reports
• Ensure adherence to approved SOPs, internal control policies, and management directives
• Identify control gaps, revenue leakages, fraud risks, and operational inefficiencies

Risk & Compliance

• Assess operational, financial, and compliance risks and recommend mitigation measures
• Ensure compliance with statutory requirements, company policies, and regulatory standards
• Monitor implementation of audit recommendations and follow up on corrective actions

Loss Prevention & Fraud Management

• Detect, investigate, and report cases of financial irregularities, fraud, and operational abuse
• Support management in strengthening controls to reduce losses and prevent recurrence

Reporting & Advisory

• Prepare clear, timely audit reports with practical recommendations
• Present audit findings to the Head of Audit and CEO and support decision-making
• Provide advisory support on process improvement and control enhancement

Qualifications & Requirements

• Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field
• Professional certification (ICAN, ACCA, CIA or equivalent) is an added advantage
• Minimum of 3–5 years’ experience in internal audit, preferably within oil & gas, retail, or FMCG
• Strong understanding of internal control systems, risk management, and audit procedures
• Experience auditing fuel stations or multi-location operations is a strong plus
• Reside in Imo State or ready to relocate to Imo State- Ogbaku Environ

Skills & Competencies:

• High attention to detail and strong analytical skills
• Strong integrity, independence, and professional judgment
• Ability to identify patterns, risks, and operational loopholes
• Excellent reporting and documentation skills
• Good communication and interpersonal skills
• Willingness to travel frequently to company locations

Why Join Coisco Petroleum Ltd.?

• Opportunity to work in a dynamic oil & gas environment
• Strong management support for audit and governance functions
• Platform to make real impact by strengthening controls and reducing losses