Manager, Internal Controls

Directly reports to: Deputy Division Manager Internal ControlsSupervises: Assistant Manager, Internal Controls, Senior Internal Control Officers, Internal Control OfficersJob PurposeThe Manager, Internal Controls is responsible for reviewing and monitoring the organization’s internal controls framework in alignment with the company’s strategic objectives, regulatory requirements, and partner expectations. This role manages a team of internal controls professionals to:Ensure the effectiveness and efficiency of control activities that support sound risk management, operational performance, and compliance.Lead periodic assessments of internal control systems and recommend enhancements to policies, procedures, and systems that add value and strengthen governance.Support senior leadership by delivering high-level reports that identify control improvement opportunities, promote best practices, and enhance organizational efficiency.The incumbent plays a key role in coordinating partner and regulatory agencies audits as they arise and coordinating the day-to-day operations of the internal controls function, ensuring alignment with the company’s business goals. This includes maintaining an effective internal control environment that mitigates risk and supports compliance with relevant regulations and frameworks.The Manager, Internal Controls ensures that all control-related activities are conducted with professionalism, integrity, and consistency, incorporating best practices and recognized internal control standards such as COSO or equivalent frameworksMain Responsibility AreasStrategicEvaluate and provide reasonable assurance that governance, risk management, and internal control systems are designed and functioning effectively to support the achievement of the organization’s objectives.Assist the Deputy Divisional Manager, Internal Controls and other relevant stakeholders in aligning the internal control framework with enterprise risk and compliance requirements.Coordinate the scheduling, execution of partner and regulatory agencies audits and manage the remediation plan for any findings from those engagements.Possess a comprehensive understanding of key business processes, strategic priorities, operational deliverables, and the systems, people, and financial resources that support themSupport the Deputy Divisional Manager, Internal Controls by contributing to high-level reports and dashboards that provide insight into control effectiveness, improvement opportunities, and best practices for operational efficiency.Promote a strong internal control culture by embedding control responsibilities within business operations and fostering accountability at all levelsSupport the maintenance of a high standard of internal control awareness and staff conduct across the organization, consistent with Oando’s core values (TRIPP).Ensure the organization can maintain the integrity of data, systems, and business processes through the continuous improvement of its internal control framework.Align internal control activities with relevant standards such as COSO, and ensure integration with broader compliance, risk management, and governance frameworksOperationalSupport the development and implementation of an enterprise-wide internal control framework, including documentation, testing, and reporting.Evaluate inherent and emerging risks across operational and support functions and identify corresponding control requirements to mitigate such risks.Assess, and enhance controls embedded in key business processes to ensure effectiveness, efficiency, and regulatory compliance.Monitor and track the implementation of control remediation plans and action items raised during internal audits, risk assessments, and external reviews.Supervise and review the work of internal controls staff and coordinate efforts with other assurance functions (e.g., Internal Audit, Risk, Compliance, and External Audit).Ensure adequate documentation of controls, processes, and testing activities to support compliance and audit readiness.Coordinate control reviews across departments and promote cross-functional collaboration to embed controls into new projects, systems, and business initiatives.Support the Deputy Divisional Manager, Internal Controls with control-related inputs for presentations to the Audit Committee and Executive Management.Participate in special reviews, investigations, or advisory projects as directed, particularly those requiring evaluation or strengthening of internal controls.Assist in developing performance metrics and KPIs for the internal controls function and contribute to overall organizational risk awareness.Develop and deliver training programs to improve internal control awareness and capability across departments.Recommend improvements to policies, systems, and procedures to enhance process reliability and minimize operational and compliance risks.Perform other related duties as assigned by the Deputy Divisional Manager, Internal ControlsPerson 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 9 years of combined post qualification experience in audit and risk management, 3 years of which must have been at Management level.Core CompetenciesStrong knowledge of the Oil and Gas industryProven expertise in internal controls design, assessment, and monitoring, particularly within complex operational and financial environmentsSolid understanding of Information Systems control principlesIn-depth functional and technical knowledge of Oracle ERP and SAPSkilled in conducting enterprise-wide risk assessments and identifying key operational, financial, and technology-related risks that require control mitigations.Experience developing and implementing internal control frameworks, policies, and procedures to strengthen governance and reduce control deficiencies.Proficient in evaluating control effectiveness within ERP environments; experience with Oracle ERP and SAP is highly valuable.Experience in controls testing, process documentation, and remediation follow-up.Strong project management and organizational skills.Advanced analytical and problem-solving abilities, with a proactive mindset to identify control gaps and recommend practical, risk-based solutions.Ability to develop and write meaningful reports and presentations, excellent presentation skillsSelf-motivated and independent, while also effective in cross-functional team environments; able to collaborate with business process owners to implement and sustain controls.Proficiency in Microsoft Office tools (Excel, Word, PowerPoint) and control monitoring tools; familiarity with TeamMate or similar audit/control management systems is a plus.Strong interpersonal and stakeholder engagement skills, with the ability to influence and facilitate adoption of control improvements across the organization.Work well in a dynamic environment, work independently, handle multiple projects simultaneously, meet deadlines and have excellent organizational skillsKey Performance IndicatorsPercentage of key business processes with documented and tested internal controls in line with the internal control framework (e.g., COSO).Timeliness and effectiveness of control remediation, measured by the percentage of identified control deficiencies that are resolved within agreed timelines.Number and severity of control issues raised by internal or external auditors, or regulatory bodies, attributable to control weaknesses.Percentage of high-risk areas with implemented and functioning controls, as determined through risk assessments and control reviews.Percentage of control self-assessments or walkthroughs completed versus the annual plan.Quality and timeliness of internal control reports and dashboards, including actionable recommendations and follow-up tracking.Stakeholder satisfaction score from process/control owners, based on surveys or feedback following control assessments or support engagements.Reduction in repeat control deficiencies, indicating improvement in sustainability of control enhancements.Level of integration of internal controls into new systems or process changes, tracked by early involvement in project reviews or process redesigns.Compliance with internal controls methodology and applicable frameworks or standards (e.g., COSO, SOX if applicable).