Internal Control Manager

We are seeking an experienced Internal Control Manager to join our dynamic team in the oil and gas industry. The ideal candidate will have a minimum of 5 years of relevant experience in internal control, audit, or risk management. The Internal Control Manager will play a pivotal role in safeguarding the integrity of our financial and operational processes, ensuring compliance with regulations, and identifying areas for improvement.

Responsibilities:

1.       Risk Assessment:

·       Conduct risk assessments to identify potential areas of financial or operational risk.

·       Develop and implement strategies to mitigate identified risks.

2.       Internal Audits:

·       Plan and execute internal audits to assess the effectiveness of internal controls.

·       Evaluate compliance with company policies, industry regulations, and statutory requirements.

3.       Process Improvement:

·       Identify weaknesses in existing processes and recommend improvements to enhance efficiency and effectiveness.

·       Collaborate with relevant departments to implement process changes.

4.       Documentation and Reporting:

·       Maintain comprehensive documentation of internal control procedures.

·       Prepare and present detailed reports on internal control findings, recommendations, and corrective actions to senior management.

5.       Compliance Management:

·       Stay abreast of changes in regulations affecting the oil and gas industry.

·       Ensure that the organization remains in compliance with all relevant laws and regulations.

6.       Training and Awareness:

·       Provide training to employees on internal control procedures and compliance requirements.

·       Foster a culture of compliance and awareness within the organization.

7.       Fraud Prevention:

·       Implement measures to detect and prevent fraud, including regular fraud risk assessments.

·       Investigate and report any suspected fraudulent activities.

8.       Cross-Functional Collaboration:

·       Collaborate with finance, operations, and other departments to ensure a coordinated approach to internal control and risk management.

·       Act as a liaison between external auditors and internal stakeholders.

Requirements

·       Bachelor’s degree in accounting, finance, economics, or a related field.

·       Advanced degree or professional certification is a plus.

·       Minimum of 5 years of experience in internal control, audit, or risk management, with a focus on the oil and gas industry.

·       In-depth knowledge of industry-specific regulations, accounting principles, and best practices.

·       Strong analytical and problem-solving skills.

·       Excellent communication and interpersonal skills.

·       Proficient in using relevant software and tools for internal control and audit purposes.

Last updated on Jan 25, 2024