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.
