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.