Date Posted: 28-11-23

Position: Internal Auditor - Oil & Gas trading

Job location: Dubai, UAE

Candidate location: UAE

Responsibilities:

• Evaluate the effectiveness of internal controls and risk management systems to identify areas for improvement.
• Assess compliance with industry regulations, company policies, and relevant legal requirements.
• Review financial transactions related to trading activities, ensuring accuracy and compliance with accounting principles
• Collaborate with cross-functional teams to develop and implement corrective action plans based on audit findings.
• Provide recommendations for process improvements and contribute to the development of policies and procedures.
• Stay abreast of industry developments, changes in regulations, and emerging risks affecting the oil and gas trading sector.
• Evaluate the effectiveness of internal controls in place to safeguard assets, ensure data integrity, and prevent fraud.
• Collaborate with other departments to understand their processes and ensure alignment with overall company objectives.
• Conduct training sessions for employees to enhance their understanding of internal controls and compliance requirements.
• Promote a culture of compliance and ethical behavior within the organization.
• Work with external auditors as needed
• Monitor the implementation of recommended improvements and track progress.
• Conduct follow-up audits to ensure that corrective actions have been effectively implemented.
• Leverage technology and data analytics tools to enhance the efficiency and effectiveness of auditing processes.
• Stay abreast of technological advancements in auditing and recommend relevant tools
• Effectively communicate audit findings, recommendations, and potential risks to both technical and non-technical stakeholders.
• Recommend improvements to internal control systems.

Qualifications:

• Master\'s degree in any stream, with certification in Internal auditing.
• Minimum of 5 years of internal auditing experience within the oil and gas industry, with a proven track record of delivering high-quality audit services.
• Thorough understanding of oil and gas trading operations, including knowledge of industry-specific risks, regulations, and financial practices.
• Strong analytical skills with the ability to interpret complex financial data and identify key audit issues.
• Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of the organization.
• Proficiency in using auditing software and Microsoft Office Suite.

Additional Requirements:

• Willingness to travel domestically and internationally as needed.
• Ability to maintain the highest level of confidentiality and integrity.

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