Internal Auditor at JEV Consulting

Location: Ogbaku, Imo

Description

• Our client one of the major players in the downstream oil and gas sector requires Internal Auditor for immediate employment. The preferred candidate should be based in Owerri, Imo state or willing to relocate (Accommodation may be provided).

Position Overview

• The Internal Audit Personnel will be responsible for establishing and leading the audit function of the company, providing independent assurance that the organization's risk management, governance, and internal control processes are operating effectively.
• The ideal candidate will develop and implement audit frameworks, policies, and systems tailored to the peculiarities of fuel retailing, product movement, and cash management.

Key Responsibilities
Department Setup & Policy Development:

• Establish the audit department’s structure, scope, and reporting procedures.
• Design and implement audit policies, internal control manuals, and reporting templates.
• Define audit processes for stations, depots, logistics, and finance.

Risk Assessment & Internal Control:

• Conduct risk assessments across business operations.
• Identify control gaps and implement corrective control systems.
• Review existing practices for fraud risks, product loss, and unauthorized transactions.

Operational Audits:

• Audit pump sales, meter readings, cash lodgements, and product losses.
• Investigate discrepancies in daily sales reports, tank dips, and depot loading records.
• Perform surprise station audits and cash spot-checks.

Financial & Compliance Audits:

• Verify accuracy of financial records and compliance with statutory regulations.
• Work with Finance on reconciliation of cash/bank transactions, payroll, and statutory deductions.
• Monitor adherence to tax, pension, NHF, NSITF, and other financial obligations.

Depot & Logistics Review:

• Audit product lifting and delivery processes (truck reconciliation, waybills, and depot receipts).
• Track product flow from purchase to final retail sale.

Reporting & Advisory:

• Prepare timely and objective audit reports with findings and recommendations.
• Report unresolved issues and control failures to top management.
• Propose and monitor implementation of corrective actions.

Team Development & Training:

• Recruit and train audit support staff as required.
• Build audit capacity within stations and departments through training and engagement.

Key Requirements

• Bachelor’s Degree in Accounting, Finance, or related field (ICAN/ACCA preferred).
• 5+ years audit experience, including 2+ years in oil & gas, logistics, or retail.
• Deep understanding of internal control frameworks and Nigerian statutory requirements.
• Proficiency in Microsoft Excel and auditing software.
• High personal integrity, objectivity, and attention to detail.
• Ability to handle sensitive matters with discretion and confidence.

Remuneration: Competitive commensurate with experience