Internal Auditor- Oil and Gas

We are looking for an Internal Auditor with experience in the Oil and Gas industry. Qualified candidates are invited to submit their applications by sending a detailed CV and covering letter, as a single PDF document, via email: [email protected].

The deadline for receiving applications is Monday 20th May 2024, 5.00 p.m. Hargeisa time.

Below are the details of the position:

Position- Internal Auditor- Oil and Gas

Reporting to: Chief Internal Auditor, Dahabshiil Group.

Location: Hargeisa, Somaliland with travel to other locations in the region.

Role summary:

The Internal Auditor, Oil & Gas, is responsible for identifying and evaluating risks associated with the Oil & Gas Business of the Group. The position holder will be involved in the preparation of audit plans and the execution of the plans.

Key responsibilities:

1.      Conduct comprehensive risk assessments to identify key areas of focus for internal audits within the oil and gas sector, considering industry-specific risks, regulations, and emerging trends.

2.      Assist the Chief Internal Auditor in developing and maintaining a risk-based internal audit plan that aligns with the business objectives, regulatory requirements, and best practices in the oil and gas industry.

3.      Collaborate with management to establish clear objectives, scope, and deliverables for each audit engagement, ensuring alignment with strategic priorities and business goals.

4.      Lead and execute complex audit engagements, including planning, fieldwork, testing, and reporting, while adhering to established timelines and quality standards.

5.      Utilize data analytics techniques and tools to enhance audit efficiency, identify patterns, anomalies, and trends, and extract meaningful insights from large volumes of data.

6.      Evaluate the design and operating effectiveness of internal controls related to financial reporting, operational processes, and regulatory compliance within the oil and gas industry.

7.      Assess the adequacy of risk management practices and provide recommendations for enhancing the organization's ability to identify, assess, and mitigate risks effectively.

8.      Stay current on relevant industry regulations, standards, and emerging risks impacting the oil and gas sector, and ensure audit processes remain aligned with evolving requirements.

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9.      Communicate audit findings, observations, and recommendations to management and key stakeholders through clear and concise written reports and presentations.

10.  Partner with process owners and stakeholders to facilitate the implementation of audit recommendations, track progress, and monitor remediation efforts to closure.

11.  Foster strong relationships with internal stakeholders to promote collaboration, transparency, and continuous improvement in audit practices.

12.  Assist the Group Chief Internal Auditor in providing guidance, mentorship, and training to junior audit team members to support their professional development and enhance the overall effectiveness of the internal audit function.

13.  Conduct special investigations or ad-hoc projects as requested by management to address specific concerns, allegations, or emerging risks within the oil and gas industry.

Required qualifications, experience and competencies.

Qualifications

•      Bachelor’s degree in business management, Finance, Accounting, Engineering, or a related field

•      Professional qualifications such as CPA, ACCA

•      Certified Internal Auditor certification (CIA)

•      Knowledge of Information Systems audit an added advantage.

Experience

•      At least 5 years’ professional audit experience in Internal Audit in the Oil and Gas industry.

Skills

•      Knowledge of International Professional Practices Framework (IPPF) comprising definition of Internal Auditing, Code of Ethics, core principles and International Standards for the Professional Practice of Internal Auditing

•      Best practices in governance, risk and controls

•      An understanding of Enterprise risk management framework

•      Knowledge of key business processes in the oil and gas industry

•      A comprehensive working knowledge of organizational planning, budgeting, and financial statements.

•      Excellent communication skills, both written and verbal

•      Ability to exercise good judgment and tact.

•      Excellent collaboration skills

•      Proficient in use of Microsoft Office tools

We are looking for an Internal Auditor with experience in the Oil and Gas industry. Qualified candidates are invited to submit their applications by sending a detailed CV and covering letter, as a single PDF document, via email: [email protected].

The deadline for receiving applications is Monday 20th May 2024, 5.00 p.m. Hargeisa time.