Applications are invited from suitable and qualified candidates for the Position of Senior Internal Audit Officer at Oando Plc.
About Oando Plc
Oando Plc is a Nigerian multinational energy company engaged in the exploration, production, and trading of oil and gas. Founded in 1956, the company has expanded its operations internationally, positioning itself as a major player in the energy sector. In 2023, Oando reported significant financial growth with a revenue increase of 71% to N3.4 trillion and a profit after tax of N74.7 billion, a substantial turnaround from the previous year’s loss. Oando is also diversifying into clean energy, aiming to become a fully integrated energy company, with shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).
Summary
- Company: Oando Plc
- Job Title: Senior Internal Audit Officer
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Location: Lagos State, Nigeria
- Deadline: Not Specified
Job Title: Senior Internal Audit Officer
Purpose
- The Senior Internal Audit Officer’s primary responsibility is to facilitate the achievement of the Audit function’s objectives by participating in the execution of less complex audit activities and investigations.
- This job incumbent has responsibility for implementing the day-to-day functions of the Internal Audit department, to achieve objectives consistent with the group’s corporate strategy and business goals. This is achieved by conducting periodic and continuous independent assessments of the adequacy of business processes and controls as well as level of compliance with company policies and procedures.
- The Senior Internal Audit Officer supports in the execution of business process, operations, financial and Joint Venture audits, Production Sharing Contract audits, fraud detection and investigations as may be required from time to time.
Main Responsibility Areas
- Participate in the identification and evaluation of business risks associated with strategic and operational objectives of the organisation.
- Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives
- Execute developed test plans for each engagement to achieve set audit objectives and address risk exposures within the organisation.
- Ensure proper documentation of audit work papers, findings and recommendations in accordance with the methodology
- Assisting with engagement administration including preparation of project plans, budgets and minutes of meetings
- To participate and prepare reports in the periodic and annual stock count exercise and crude fiscalization exercise and ensure that the activities are carried out in line with the company’s procedures
- Provide on the job training to internal audit officers on assigned tasks
- Performs review of work done by internal audit officers
- Participate in the execution of audits and ensure efficient and effective execution of annual audit plan
- Ensure delivery of assigned audit tasks in a timely manner
- Ensure compliance with audit methodology and provide input to the development of audit work programs
- Perform procedures to assess compliance with the laid down policies, processes and procedures
- Review systems and procedures across all business areas and recommend improvements to existing processes and procedures, where appropriate
- Participate in investigations of control breaches, as may be necessary from time to time
- Perform other activities as assigned by Superiors
See Also:
Job Specification for the Position of Senior Internal Audit Officer at Oando Plc:
- Degree in Accounting, Finance, Economics, Computer Science or related area
- Membership of a recognized Accounting Professional Body (ACA / ACCA, or equivalent ) will be added advantage
- A minimum of 4 years cognate experience in a structured business environment with at least 3 years’ experience in review of business processess, risks, controls and financials.
Core Competencies
- Knowledge of the Oil & Gas Industry
- Knowledge of business process, risks and controls
- Knowledge of Risk Management and Internal Control Framework
- High level of self-motivation, determination and confidence in your abilities
- Proficient in the use of ACL and Microsoft Suites
- Meticulous attention to detail
- Excellent problem-solving skills and clear logical thinking
- A keen interest in the financial system combined with excellent commercial awareness
- Ability to work to deadlines, under pressure, and the willingness to put in the extra hours when needed.
- Ability to work on your own initiative and as part of a team
- Excellent interpersonal and communication skills, including good presentation and documentation skills
- Passion for delivering an exceptional client service
- Good analytical and organizational abilities
- Ability to establish and maintain strong relationships with clients
Key Performance Indicators
- Quality of audit documentation and work papaers
- Timeliness of audit deliverables
Deadline
Not Specified
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