Assistant Manager, Internal Audit

Directly reports to: Internal Audit ManagerIndirectly reports to: Deputy Divisional Manager Internal AuditSupervises: Senior Internal Audit Officer, Internal Audit OfficersJob PurposeThe Assistant Manager, Internal Audit’s primary responsibility is to plan, organize and coordinate the implementation of complex audit projects within the approved plan across the Oando group as it relates to business processes, operations, and financial reporting.This job incumbent has responsibility for leading the execution of projects within the audit plan and other day-to-day activities of the unit as assigned by the Manager, Internal Audit to achieve objectives consistent with the group’s corporate strategy and business goals. This is achieved by performing and supervising the execution of procedures assessing the adequacy of Governance, Risk Management and Control processes within the organization; and conducting periodic independent assessments of business processes and financial reporting.Main Responsibility AreasStrategicLead the execution of multiple complex activities and supervises subordinates in performing procedures to provide reasonable assurance that risk management, control, and governance systems are functioning as intended and will enable the organization’s objectives and goals to be met.Provide inputs and participate in the development of annual audit plan, support the Internal Audit Manager in management and coordination of all internal audit work.Hold an overall awareness and knowledge of every function within the entities, in terms of service area, business strategic direction, key deliverables and resources comprising financial, people and systems.Execute audit programs to provide independent assurance on achievement of business objectives and adequacies of their systems and controls and advise on improvements for both compliance with policies and best practice to generate efficiency.Maintain a high standard of customer service and responsiveness in accordance with Oando’s core values (TRIPP). Maintain high standards of staff conduct and integrity and participate in the development and implementation of training needs for subordinatesStrategicSupport the Internal Audit Manager in preparing the annual risk assessment and internal audit planParticipate in the development of audit programs, coordinate the implementation of audit work programs and preparation of audit reports.Ensure efficient and effective execution of annual audit planAssist in tracking of audit recommendation implementation and perform follow-up procedures where neededDiscuss audit findings with process operators to ensure all relevant detailsSupervise and review the work of subordinates and other auditors, including loan staff retained from external professional services firmsMaintain required audit documentation for each audit in accordance with the Oando Internal Audit Methodology and IIA standardsCoordinate with other audit, risk management and/or compliance functions in the company, as well as the company’s external auditors, particularly with respect to audit planning and knowledge sharingAssist the Internal Audit Manager on internal investigationsPerform assigned tasks efficiently and ensure departmental metrics and performance indicators are achieved.Provide on-the-job training and development to subordinates and loaned staffPerforms other activities as may be assigned by the Internal Audit Manager from time to timeMonitor compliance with the laid down policies, processes, and proceduresReview the financial statements and the procedures underlying the preparation of the financial statementsPerson SpecificationsDegree in Accounting, Finance, Economics, or other related areaMembership of a recognized Accounting Professional Body (ACA / ACCA, or equivalent ) will be added advantageA minimum of 7 years of combined post-qualification experience in Audit and Risk Management, including at least 4 years of audit experience focused on the review of business processes, risk assessment, and financial controls.Core CompetenciesKnowledge of the oil and gas industryKnowledge of financial reporting and financial reporting standardsProject managementHigh level of self-motivation, determination, and confidence in own abilitiesAbility to juggle multiple tasks and divide your time between work and studyMeticulous attention to detailNumeracy and a strong aptitude for mathematicsExcellent problem-solving skills and clear logical thinkingA keen interest in the financial system combined with excellent commercial awarenessAbility to work to deadlines, under pressure, and the willingness to put in the extra hours when neededAbility to work on your own initiative and as part of a teamProficient in the use of Microsoft Office applications (Word, Excel. PowerPoint)Excellent interpersonal and communication skills, including good presentation and report writing skillsPassion for delivering an exceptional client serviceGood analytical and organizational abilitiesProven track record of establishing and maintaining strong relationships with clientsKey Performance IndicatorsThe percent of the approved audit plan completedCompliance with the Internal Audit methodology and IIA standardsThe percent of audits completed within 110% of budgetQuality and timeliness of reports and updatesQuality of audit documentation and work papers