Senior Internal Audit (SIA) Officer at Total Data Limited

Job Responsibilities

• Conduct audits and reviews of all transactions (financial and non-financial) to ensure strict compliance with the company’s internal policies and procedures, while providing effective control measures.
• Participate in the preparation of audit confirmations as requested by banks, financial institutions, companies, establishments, and individual clients.
• Exercise thorough control over vouchers and payments by reviewing reconciliations, identifying exceptions/variances, and verifying vouchers against system reports and source documents.
• Develop audit programs aligned with annual audit plans to outline processes for testing transactions and operational activities.
• Review and verify procurement, transactions, and payments, while monitoring cash and cheque movements and the receipt of procured materials (in accordance with SIAO authority limits).
• Conduct asset verification and classification.
• Execute the annual audit program, engaging with responsible officers to ensure their involvement in the audit process.
• Document and track audit issues, providing the HIARMC with monthly status reports on audit recommendations.
• Participate in the annual external audit review by providing relevant information to facilitate a smooth process.
• Perform special projects and reviews as assigned.
• Identify key control points and system weaknesses during audits, and develop innovative recommendations for addressing issues, improving operations, and reducing costs.
• Document audit work and findings in compliance with generally accepted auditing standards.
• Adhere to all Health, Safety, and Environmental policies and procedures of the organization.
• Perform any other responsibilities as assigned by the HIARMC.

Requirements

• Bachelor’s degree in Finance, Business Administration, or a related field
• Professional qualifications such as ICAN or CISA are an added advantage
• Minimum of 5 years of financial experience
• Experience and knowledge in the Oil & Gas industry are advantageous
• Proficiency in accounting software, particularly Sage ERP
• Competency in IFRS is mandatory
• Strong knowledge of audit procedures, techniques, and internal controls
• Proficiency in Microsoft Office applications (Word, Excel, and PowerPoint)

Key Result Areas

• Number of delivered audit reports and memos
• Number of recommendations issued regarding risks' prevention or detection
• Timeliness of alerts issued regarding important findings revealed in the audit
• % Reduction in frauds (both in number of frauds & value)
• % Reduction in error rates (both in number of frauds & value)
• Improved annual feedback from other departments