Principal Auditor

16 hours ago


Chennai, Tamil Nadu, India McDermott International, Ltd Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Job Description
Job Overview:
The Principal Auditor is primarily responsible for guiding the financial, operational, business process or compliance audit towards successful completion at McDermott across the globe. The Principal Auditor effectively interfaces with various levels of management and develops relationships that further the organizational goals. The Principal Auditor should demonstrate high energy, be flexible and innovative and motivated to work in a fast paced and challenging environment that continues to evolve. The position in an individual contributor and reports to Senior Manager, Audit. The Principal Auditor position does not have formal supervisory responsibility for the staff auditors but supervision of staff on engagement is a major component of this position.

Responsibilities
Key Tasks and Responsibilities:

  • Participate in the annual risk assessment exercise to identify audit plans for the year
  • Plan and execute Finance and Operational process audits and project audits. Project manage SOX/ICFR controls allocated to completion. Ability to handle multiple assignments simultaneously is required
  • Identify opportunities for the use of data analytics within the testing (audits and control testing) assigned
  • Determine, or assist in determining, the objective, scope, and general plan of the assigned audit. Prepare customizable audit programs that identify risks, controls, and audit procedures for each application utilized by the company. Express ideas for ways to improve audit testing, and to help develop automated tests and/or programs that will enhance internal controls
  • Interact effectively with various levels of Management, including Corporate managers, Department managers, and Line managers
  • Prepare formal audit reports of critical findings to be distributed to executive management
  • Demonstrate the ability to document information and findings to support the audit testing and as per IIA and MDR documentation standards
  • Actively contributes to the continuous improvement process of the department's own internal practices
  • Evaluate the corrective actions performed by the management for its adequacy and effectiveness
  • Be able to provide consulting services to various stakeholders within the company, including guidance around the development, or revision, of Company policies and procedures
  • Perform other responsibilities assigned by Audit Management
  • Keep abreast of current developments in auditing, accounting, IT, fraud, other emerging issues and the oil and gas services industry which may impact the audit process
  • Ability to travel domestically and international (30% to 40%)

Qualifications
Essential Qualifications and Education:

  • Requires an undergraduate degree from an accredited college or university, either in Accounting and Finance or Engineering
  • If from Finance background, CA, ACCA, CPA or CIA is a must. Other relevant audit qualification such as CISA or CFE would be good to have. Post qualification experience of 8+ years in Finance and operational auditing in multinational companies and/or big 4 accounting firms is a must
  • If from Engineering background, BE is a must. Post graduation in Engineering/Construction Management or PMP would be good to have. Post qualification experience of 8+ years in Project Controls, Operations, Engineering or Consulting in multinational companies and/or big 4 accounting firms is a must
  • Experience in working for Oil & Gas EPC or a contracting company is preferred. International experience is a plus
  • Must work independently with minimal supervision. Demonstrated skills in leading complex audits and in supervising auditors on audit engagements
  • Excellent report writing and verbal communication/presentation skills is a must. Advanced knowledge of excel. Experience with data analytics/visualization tools is required
  • Prior experience with audit software such as AuditBoard

About Us
Our ingenuity fuels daily life. Together, we've forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.



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