Internal Auditor Oil And Gas Trading

1 month ago


Dubai, United Arab Emirates Reliance HR Consultancy Full time
About the job INTERNAL AUDITOR- Oil and Gas Trading Date Posted: 28-11-23 Position: Internal Auditor - Oil & Gas trading
\xef\xbb\xbf Job location: Dubai, UAE \xef\xbb\xbfCandidate 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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