Internal Audit & Control Officer (Downstream Oil and Gas)

Location: Lagos, Nigeria

Work Schedule: Full-time

About Company: Our client is a growing downstream oil and gas company with operations spanning petroleum products, retail service stations, transportation, haulage, logistics, and fuel distribution.

The company is seeking an Internal Audit & Control Officer to strengthen internal controls, improve compliance, and identify financial and operational risks across the business.

Job Objective: The client is looking to hire a detail-oriented Internal Audit & Control Officer to review financial transactions, operational processes, inventory, and business controls.

The successful candidate will identify control gaps, financial leakages, and process weaknesses while supporting management in improving accountability, compliance, and operational efficiency.

Key Responsibilities:

§  Conduct internal audit and control reviews across finance, operations, procurement, retail, inventory, and logistics.

§  Review financial transactions, invoices, expenses, payments, and supporting documentation for accuracy and proper authorization.

§  Perform bank, cash, inventory, receivables, and payables reconciliations and investigate discrepancies.

§  Conduct physical verification of inventory, assets, cash, and other company resources.

§  Review petroleum product movements, inventory, sales, and delivery records to identify variances and potential losses.

§  Conduct spot checks and periodic audits across service stations, depots, offices, and other operational locations.

§  Identify control weaknesses, policy violations, irregular transactions, and potential financial leakages.

§  Prepare audit reports, document findings, and recommend corrective actions.

§  Follow up on audit findings and monitor implementation of agreed recommendations.

§  Support the development and improvement of internal control policies and procedures.

Requirements

§  Bachelor's degree in Accounting, Finance, Economics, or a related discipline.

§  2–5 years of experience in internal audit, external audit, accounting, financial control, risk, or compliance.

§  ICAN, ACCA, ACA, or relevant professional qualification is an added advantage.

§  Strong accounting and audit background with practical experience in reconciliations, transaction reviews, and internal controls.

§  Experience in downstream oil and gas, logistics, retail, or another transaction-intensive business is preferred.

§  Strong Excel and analytical skills, with experience using ERP/accounting systems.

§  Excellent attention to detail, investigative ability, and report-writing skills.

§  High level of integrity, confidentiality, professional scepticism, and accountability.

§  Willingness to travel periodically to the company's operational locations.

Benefits

Compensation: N400,000 – N700,000 Monthly (slightly negotiable) + attractive benefits, commensurate with experience and industry expertise