Jobs

Internal Audit Supervisor (Systems) at Oando Plc

Sep 29, 2023, 8:40 PM
Accounting & Auditing
Oando Plc

Oando Plc is one of Africa’s largest integrated energy solutions provider with a proud heritage. It has a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP).

We are recruiting to fill the position below:

Job Title: Internal Audit Supervisor (Systems)

Location: Lagos, Nigeria (On-site)
Job type: Full-time
Unit / Department: Internal Audit
Reports To: Internal Audit Manager

Purpose

The Internal Audit Supervisor’s primary responsibility is to plan, organize and coordinate the implementation of audit plans across the Oando group as it relates to Information Technology (IT), business processes and operations.
This job incumbent has responsibility for executing projects within the audit plan and other day-to-day activities of the unit to achieve objectives consistent with the group’s corporate strategy and business goals. This is achieved by assessing the adequacy of Information Technology, Governance, Risk Management and Control processes within the organization; and conducting periodic and continuous independent assessments of the IT systems and business processes.
The Internal Audit Supervisor (System) also participates in Joint Venture audits, Production Sharing Contract audits, fraud detection and investigations as may be required from time to time.

Job Specification

Evaluate and provide reasonable assurance that risk management, control, and governance systems over the organization’s information technology environment 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 the execution 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 subordinates.
Support the Internal Audit Manager in preparing the annual risk assessment and internal audit plan for information technology, operational and financial reviews.
Participate in the evaluation of information technology and business risks associated with strategic and operational objectives of the company.
Participate in the development of audit programs, implementation of audit work programs and preparation of audit reports.
Ensure efficient and effective execution of annual audit plan.
Assist in tracking of audit recommendation implementation and perform follow-up procedures where needed.
Supervise and review the work of Internal Audit Officers, guest auditors, including loan staff retained from external professional services firms.
Maintain required audit documentation for each audit in accordance with the Oando Internal Audit Methodology and IIA standards.
Coordinate 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 sharing.
Assist the Internal Audit Manager on internal investigations.
Perform assigned tasks efficiently and ensure departmental metrics and performance indicators are achieved.
Provide on-the-job training and development to subordinates and loaned staff
Perform other activities as may be assigned by the Internal Audit Manager from time to time.
Monitor compliance with the laid down policies, processes and procedures.
Perform detailed systems review and complex analysis using CAATs tools.
Review systems and procedures across all business areas and recommend improvements to existing processes and procedures, where appropriate

Key Performance Indicators

Percentage coverage of identified risk and controls
Level of execution of the annual audit plan
Timeliness of audit review and investigations
Quality and timeliness of audit reports and updates
Number of queries from the regulatory authorities and external audit reports
Compliance with the Internal Audit Methodology

Qualifications & Experience

First Degree in Accounting, Finance, Economics or other related area.
5 - 7 years combined post qualification experience in audit and risk management with at least four years audit experience in review of business processes, risks, controls and Information systems.
Certified Information Systems Auditor
ACA/ACCA qualification (or equivalent) will be added advantage

Knowledge & Skills Required:

Knowledge of the Oil & Gas Industry
Knowledge of business process, risks and Controls
Functional and technical knowledge of Oracle ERP applications
Ability to work on own initiative and as part of a team.
Proficient in the use of Microsoft Office applications (Word, Excel. PowerPoint).
Excellent interpersonal and communication skills, including good presentation and report writing skills.
Passion for delivering an exceptional client service
Good analytical and organizational abilities
Proven track record of establishing and maintaining strong relationships with clients.
Knowledge of Risk Management and Internal Control Framework
Experience in performing technical assessments and audits of network, operating systems, application security, as well as auditing IT processes
Proficient in the use of ACL, Microsoft Excel, Access and Word
Good project management skills
High level of self-motivation, determination and confidence in your abilities.
Ability to juggle multiple tasks and divide your time between work and study.
Meticulous attention to detail.
Numeracy and a strong aptitude for mathematics.
Excellent problem-solving skills and clear logical thinking.
A keen interest in the financial system combined with excellent commercial awareness.
Ability to work to deadlines, under pressure, and the willingness to put in the extra hours when needed.