Role Summary
The Audit Officer will evaluate and enhance internal control systems, perform both scheduled and unannounced audits across various locations, validate financial and operational documentation, and enforce adherence to organizational policies and regulatory requirements.
The successful applicant must demonstrate strong self-discipline, a meticulous investigative mindset, and the ability to detect potential risks, inefficiencies, and operational gaps in a high-pressure retail setting.
Oversee a diverse range of critical tasks encompassing strategic planning, operational oversight, and team leadership to ensure organizational success and efficiency. Collaborate with cross-functional departments to align objectives, optimize workflows, and drive continuous improvement. Manage project timelines, allocate resources effectively, and monitor performance metrics to meet established targets. Foster a culture of accountability, innovation, and professional development while ensuring adherence to company policies and industry regulations. Serve as a primary point of contact for stakeholders, providing clear communication and resolving complex challenges with strategic solutions.
Internal Audit & Controls: Responsible for evaluating and enhancing the effectiveness of risk management, control, and governance processes across the organization. Conducts independent reviews of financial, operational, and compliance activities to identify deficiencies and recommend corrective actions. Ensures adherence to regulatory requirements and internal policies while maintaining high standards of integrity and accountability. Collaborates with management to implement robust control frameworks and mitigate potential risks. Requires a bachelor’s degree in accounting, finance, or a related field, along with relevant certifications such as CPA or CIA. Strong analytical, communication, and problem-solving skills are essential, along with proficiency in audit tools and methodologies.
Perform systematic internal audits to thoroughly evaluate all retail stations and head office operations on a consistent basis.
Examine internal control systems to verify their adequacy and effectiveness, ensuring they meet established standards and operational requirements.
Conduct a comprehensive assessment to pinpoint deficiencies in controls, operational shortcomings, and potential risk exposure points.
To bolster financial and operational controls, propose enhancements that refine and reinforce existing frameworks.
Conducting station audits represents a critical operational responsibility, ensuring compliance with established protocols and identifying areas for enhancement. This core function involves systematic evaluations of station performance, adherence to safety standards, and verification of operational efficiency. Audits are performed at regular intervals to maintain consistency and address any deviations promptly.
Conduct both scheduled and unannounced audits at fueling facilities to ensure compliance with established standards and procedures.
Confirm daily sales figures, cash receipts, point-of-sale transactions, and bank deposits to ensure accuracy and compliance with financial protocols.
Your responsibilities will include cross-verifying fuel sales data against pump readings, tank dips, and inventory records to ensure accuracy and consistency in reporting.
Maintain accurate and complete documentation of every station transaction along with all supporting records.
Examine and analyze discrepancies, shortages, and variances in sales or inventory data to identify root causes and ensure accuracy.
Conduct thorough and systematic verification of inventory and asset records to ensure accuracy and completeness. Compare physical counts of stock against documented data, identifying discrepancies and resolving inconsistencies through detailed audits. Maintain meticulous records of all verification activities, updates, and corrective actions taken. Collaborate with cross-functional teams to validate asset movements, locations, and conditions, ensuring compliance with organizational policies and regulatory standards. Utilize specialized tools and software to streamline the verification process, enhance efficiency, and support data-driven decision-making.
Oversee and review fuel inventory levels, including PMS, AGO, DPK, lubricants, and other related products, to ensure accuracy and compliance.
Perform comprehensive physical inventory counts and ensure alignment with documented records.
Ensure all station assets, such as pumps, generators, meters, and other equipment, are inspected and functioning properly.
Identify and document any instances of asset loss, theft, or improper handling to ensure accountability and asset integrity.
Enforces compliance with regulatory standards and internal policies to ensure organizational adherence to legal and ethical guidelines. Monitors adherence to established protocols, assesses potential risks, and implements corrective measures as necessary to mitigate violations. Develops and updates compliance frameworks, conducts audits, and provides training to promote a culture of accountability and regulatory awareness throughout the organization.
Verify adherence to organizational policies, procedures, and financial regulations with unwavering diligence.
Ensure compliance with established operational procedures at every station.
Maintain accurate documentation and organize filing systems to ensure efficiency and compliance.
Ensure adherence to Health, Safety, and Environmental (HSE) standards and operational protocols at all times.
Conduct a comprehensive analysis of financial performance and operational efficiency to ensure alignment with organizational objectives. Evaluate key metrics, identify trends, and assess variances to support data-driven decision-making and strategic planning. Collaborate with cross-functional teams to gather insights, streamline processes, and enhance overall productivity. Prepare detailed reports highlighting financial health, operational bottlenecks, and actionable recommendations for leadership review.
Prepare daily, weekly, and monthly station reports for thorough review, ensuring accuracy and timeliness in reporting.
Conduct a thorough examination of revenue trends, cost patterns, and operational variances to identify key insights and discrepancies.
Monitor cash flow activity and promptly detect any discrepancies or irregularities.
Prepare and review financial and operational data to ensure precision in reporting.
Responsibilities include maintaining accurate records and preparing comprehensive reports to ensure compliance with organizational standards. Duties encompass gathering, verifying, and documenting essential data, as well as producing detailed, timely documentation to support operational and regulatory requirements. Strong attention to detail and adherence to established procedures are necessary to uphold data integrity and facilitate efficient decision-making. Proficiency in data management systems and report generation tools is required to streamline workflows and meet documentation deadlines.
Compile comprehensive audit reports that delineate key findings, identify potential risks, and propose actionable recommendations.
Prepare and deliver audit reports to management in a timely manner.
Ensure accurate and comprehensive audit records and documentation are maintained for future reference and review.
Conduct follow-up activities to verify that all audit recommendations are effectively carried out and that corrective measures are appropriately implemented.
Fraud Detection and Risk Management: Identify, assess, and mitigate potential fraudulent activities and operational risks to safeguard organizational assets and ensure regulatory compliance. Develop and implement robust detection strategies, analyze transaction patterns, and monitor suspicious behaviors to prevent financial losses. Collaborate with cross-functional teams to enhance security protocols, conduct risk evaluations, and recommend corrective measures. Stay abreast of emerging fraud trends, regulatory changes, and industry best practices to maintain a proactive and adaptive risk management framework.
Analyze financial records to detect potential fraud, identify irregularities, and uncover financial misstatements.
Conduct thorough analyses of transactions and operations to identify and assess any suspicious activities or irregularities that may pose risks or breaches of protocol.
Collaborate with management to enhance fraud prevention efforts and strengthen risk mitigation strategies.
Requirements
Education:
A bachelor’s degree or Higher National Diploma in Accounting or Finance is required.
Seeking candidates with a proven track record in a relevant field, demonstrating expertise through prior roles or specialized training. The ideal applicant will possess the requisite qualifications and skills necessary to excel in the position, ensuring they can meet the demands of the job effectively. Prior experience, whether in a similar capacity or through hands-on application, is essential for success in this role. Additionally, familiarity with industry-specific tools, methodologies, or best practices is highly valued.
A minimum of ten to fifteen years of professional experience in auditing, internal control systems, or financial inspection functions is required.
Proficiency in oil and gas retail environments, such as filling stations, FMCG sectors, or multi-branch operations, is highly desirable.
Location Requirement: Candidates must possess the legal right to work in the country where the position is based, without requiring visa sponsorship. Proficiency in the local language and familiarity with local customs and business practices are advantageous. Travel may be necessary, and occasional relocation could be required based on project needs.
The ideal candidate should be currently based in IMO State or UGA, Anam bra, or must demonstrate a willingness to relocate to either of these locations.
Demonstrates proficiency in a range of technical and interpersonal skills, including strong analytical abilities, effective communication, and collaborative teamwork. Exhibits adaptability in dynamic work environments, with a commitment to continuous learning and professional growth. Maintains meticulous attention to detail while managing multiple priorities, ensuring accuracy and efficiency in all tasks. Possesses the capability to analyze complex data, identify trends, and derive actionable insights to support strategic decision-making. Shows leadership potential through initiative, problem-solving, and the ability to mentor or guide colleagues when required.
Proficiency in analytical methodologies and investigative techniques is essential.
Our ideal candidate must demonstrate a strong commitment to meticulous attention to detail and unwavering commitment to accuracy in all tasks.
Proficient in auditing principles and internal control frameworks is essential.
Proven expertise in cash management and inventory systems is essential. Candidates should demonstrate a strong grasp of financial controls and stock control mechanisms to ensure accuracy and efficiency in daily operations.
Proficient in analyzing financial and operational data to extract meaningful insights and support informed decision-making processes.
Proficiency in creating clear, comprehensive reports and meticulously maintaining detailed documentation is essential.
Demonstrates strong capabilities in utilizing Microsoft Excel and foundational accounting software with ease.
Integrity, confidentiality, and ethical discipline are fundamental prerequisites for this position. Candidates must demonstrate an unwavering commitment to maintaining the highest standards of honesty, discretion, and moral conduct in all professional interactions. The role demands strict adherence to ethical guidelines and the protection of sensitive information at all times.
Demonstrates strong self-motivation and adaptability while requiring regular travel to various station locations.
Exceptional verbal and written communication abilities, coupled with outstanding interpersonal talents, are essential.
We value candidates who exhibit the following desirable qualities:
Demonstrates a rigorous commitment to accountability and upholds the highest standards of professionalism in all responsibilities.
Proven aptitude for identifying fraudulent activities and operational bottlenecks to enhance overall efficiency.
Consistent yet equitable enforcement of compliance standards is required, ensuring adherence while maintaining a balanced perspective.
Demonstrated capacity to perform effectively under tight timelines and high-pressure situations while consistently delivering results in a timely manner.
Professionals must exhibit the ability to perform on-site evaluations and unannounced inspections with diligence and adaptability.
Candidates are requested to apply through the specified application method.
Qualified and enthusiastic candidates are encouraged to submit their CVs via email to recruitment@coiscostancosoil.com.ng or coiscorecruitment@gmail.com, with “Audit Officer Application” included in the subject line.
Qualifications
BA/BSc/HND
Experience Required
10 - 15 years
