Project Auditor at Independent Project Monitoring Company Limited (IPMC)

Organization Summary

• IPMC is one of Nigeria oil field service companies providing innovative solutions, technology, and services to the oil and gas industry. The Company operates in Nigeria and has a network of service, research and development, and training facilities. It delivers innovative technologies and services designed to meet the world's current and future energy needs in a safe, ethical, and sustainable manner. Grounded by our core values and inspired by our world-class people, we are committed to being a trusted business partner to those we serve.

Responsibilities

• Review the procedures, polices, and document used in the project management and Prepare a final account report of client’s project contract.
• Evaluate, review and confirm the project contract work done and payment request and certifications align with the project contract terms and conditions.
• Perform and Carried out system and control test on the contract records and process to detect any material abnormalities and make appropriate recommendation for corrections
• Check any difference or dispute in contract payments whether overpayment or underpayment and offer resolution to all parties to the contract.
• Review the procedure of free issue materials management of the project
• Ensure project control and assurance
• Ensure successful completion of the project on the given deadline. The functions should be carried out within the given auditing budget. Formulates policies, procedures, and guidelines for the assigned audit project and evaluates the overall condition of the project.
• Plan and manage assigned audit projects according to established standards
• Evaluate project processes and internal controls to identify gaps and risks.
• Analyze root causes of control inefficiencies and recommend corrective actions.
• Develop risk models to access and mitigate potential control risks and procedures.
• Develop process improvements to improve the effectiveness and quality of deliverables.
• Develop positive working relationships with management, client and team members.
• Assist team in audit processes and issues as needed.
• Review audit findings and prepare formal audit reports with recommendations.
• Review audit recommendations with management and develop action plans.
• Prepares special audit and control reports by collecting, analyzing, and summarizing operating information and trends.
• Completes audit work papers by documenting audit tests and findings.
• To derive conclusions based on the audits conducted, maintain the documentation, records and papers related to the audit work of all projects

Requirements

• 10 years post professional qualification experience in the Oil and gas sector
• Must be a Chartered Accountant
• Forensic Audit experience
• External Audit experience
• Value for Money audit experience in oil and gas industry
• 5 years Audit Experience in a reputable Audit Firm
• Minimum of First Degree or equivalent
• Minimum 35 years of age
• Should be an audit Manager in current position
• Forensic and Value Experience is an added advantage
• Quality Control/Quality Assurance experience
• ACA, ICMA, CPA or a forensic qualification post BSc are the required minimum qualifications.