Senior Internal Auditor

Senior Internal Auditor

Job Id: ARAJOB-85

Start Date: Mar 18, 2025

End Date: Mar 27, 2025

Company Name: ARA Petroleum

Discipline: Internal Audit

No of Position: 1

Position Type: Permanent

Job Type: Office

Nationality Required: Omani

Education: Bachelor
Experience: 5 years

1. Position within the organisational structure.

   Identify and evaluate the effectiveness of the processes and key controls operated by BUs to achieve the business performance indicators, deliver value creation, and drive operational excellence across the ARA group.

   Key Responsibilities:

   • Assist in developing the audit universe and the risk-based annual internal audit plan for the group, ensuring completeness and alignment with organizational goals.
   • Perform risk assessments, identify key risks, and evaluate their impact and likelihood, contributing to the overall audit strategy.
   • Assist in creating audit plans, setting objectives, identifying key risks, and allocating resources for internal audit engagements.
   • Lead the planning, execution, and reporting phases of audits, ensuring alignment with internal audit methodologies and international auditing standards.
   • Evaluate business unit operations, financial performance, and risk alignment with strategy, KPIs, and organizational goals.
   • Conduct audits, including financial reporting, internal controls, and operational processes, providing assurance on the control environment's effectiveness.
   • Analyze audit findings and prepare reports with clear, objective, and actionable recommendations, ensuring full documentation and evidence.
   • Facilitate meetings with management to discuss audit findings and help develop action plans.
   • Contribute to advisory activities on internal controls, risk management, and governance, and assist in fraud investigations.
   • Participate in Quality Assurance Improvement Program (QAIP) self-assessments and ensure transparency and motivation within the audit team.

Qualifications and Experience:

• Bachelors degree in petroleum engineering, mechanical engineering, chemical engineering, accounting, auditing, or a related field.
• Relevant certifications such as CIA, CPA, CA, or ACCA (with engineering or audit-related certifications a plus).
• Minimum of 5 years of experience as an internal auditor, with exposure to Big 4 firms or recognized petroleum companies.
• Experience in upstream petroleum operations, particularly in exploration, production, or drilling.
• Experience within family-owned businesses in the GCC or multinational corporations is an advantage.

Skills:

• Strong application of audit and accounting standards, particularly in the petroleum industry.
• Proficiency in managing complex audit processes, including planning, execution, and reporting.
• Solid understanding of both technical and operational aspects of the petroleum industry.
• Strong communication, financial analysis, and analytical skills.
• Experience in conducting technical, operational, environmental, or safety audits in the petroleum sector.
• Ability to prepare concise, accurate, and solution-oriented audit reports.
• Proficiency in Excel for complex analysis and audit work.

This position focuses on evaluating business processes, key controls, and operational performance, ensuring that risks are managed effectively and providing value-added recommendations for improvement.