Internal Auditor- Oil and Gas Trading

2 months 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**
****

**Job location: Dubai, 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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