Mission

Head of Audit provides independent assurance that BINL’s Risk management, governance, and internal control processes are effective. The role covers financial, operational, technical, and compliance audits with emphasis on the following business activities such as Crewing, Human Resources, Information Technology, Security, Regulatory, Financial, Safety, Procurement, Logistics, Commercial and Contract Management.

To carry out audit assignments and make adequate recommendations based on findings that would positively impact the business processes.

To ensure timely and proper implementation of approved audit plan for the business, coordinate and follow up on implementation of all audit recommendations.

Description & Outcome/Performance Indicators

 Audit Planning & Execution

Ø  Develop and implement annual risk-based audit plans and update them as risks evolve.

Ø  Conduct audits across all the functions, processes and procedures of Bourbon Inter-oil Nigeria Limited

Ø  Ensure effective internal controls across both onshore and offshore operations

Risk Management and Internal Control

Ø  Identify and evaluate operational, technical, environmental, and financial risks

Ø  Recommend enhancements to strengthen internal controls and reduce risk exposure

Compliance Oversight

Ø  Ensure adherence to company policies, processes and procedures

Ø  Monitor vendor/contractor compliance with Service Level Agreements (SLAs) and contracts

Reporting and Advisory

Ø  Prepare clear and concise audit reports with actionable recommendations

Ø  Present findings to the Auditee Management, Senior Management team and Managing Director

Ø  Provide advisory input on risk management and process improvements.

Leadership and Team Management

Ø  Supervise and develop internal audit staff.

Ø  Coordinate with external auditors.

Ø  Promote a culture of accountability, compliance, and continuous improvement

Implementation of Audit Recommendations

Ø  Conduct follow up audits to monitor implementation of corrective actions

Ø  Supervise implementation of High Priority Audit Recommendations within the acceptable timeline.

• Deliverables
  Annual Audit Plan and updates.
• Internal audit reports (financial, operational, compliance, technical).
• Quarterly updates to the Managing Director.
• Recommendation tracking reports for corrective actions.
• Advisory Reports on risk, compliance, and efficiency improvements.

Qualifications

• Bachelor’s degree in Accounting/ Business Administration/ or related discipline.
• Master’s Degree in Auditing/Compliance or a related discipline will be an asset
• Possession of ACA / ACCA is required
• Professional Certification: CIA/CISA or a recognized professional certification in Internal Audit will be an asset
• Fluency in English. Excellent oral and written communication skills.

Skills & Competencies

• Strong analytical and investigative skills.
• Excellent understanding of risk management and internal controls.
• Ability to engage with diverse functions including operations, technical, procurement, finance, commercial, contracts etc.
• High ethical standards and professional skepticism.
• Strong communication and reporting skills.
• Proficiency in audit tools, ERP systems, and Microsoft Office Suite.

Experiences

• At least 7 - 10 audit experience with at least 2 years in a managerial role.
• Experience working within a multinational organization preferably in Marine / Oil and Gas/ FCMG with knowledge of Business Ethics and Compliance rules and regulation.