Job Summary / Principal Accountabilities:
To support the Audit & Compliance Department in providing independent assurance over governance, risk management, internal controls, and compliance across Oil & Gas and Power operations and projects. The role is responsible for conducting assurance reviews, monitoring compliance with corporate policies and contractual obligations, tracking audit and assurance findings, facilitating closure of corrective actions, and supporting management reporting to strengthen governance, operational effectiveness, and project execution.
Key Responsibilities:
1. Assurance Reviews & Assessments
- Participate in assurance reviews of Oil & Gas operations, projects, and corporate functions.
- Perform risk assessments, process walkthroughs, and control evaluations.
- Assess the adequacy and effectiveness of governance, risk management, and internal control processes.
- Identify control gaps and improvement opportunities and recommend practical solutions.
- Prepare assurance working papers, review documentation, and assurance reports.
2. Project Assurance & Governance
- Conduct assurance reviews covering project governance, project controls, procurement, contract management, cost management, and project execution activities.
- Review compliance with approved project procedures, authority limits, and governance requirements.
- Assess contractor and vendor management controls.
- Evaluate project risks, mitigation plans, and compliance with approved frameworks.
- Support project assurance initiatives throughout the project lifecycle.
3. Compliance Monitoring
- Monitor compliance with corporate policies, procedures, regulatory requirements, and contractual obligations.
- Review adherence to Delegation of Authority (DOA), procurement governance requirements, and internal control standards.
- Assess conflict-of-interest declarations, governance practices, and compliance controls.
- Support periodic compliance reviews and thematic assessments.
- Identify and report potential compliance breaches and control deficiencies.
4. Risk Management
- Support maintenance and monitoring of operational and project risk registers.
- Assist in identifying emerging risks and control weaknesses.
- Monitor implementation of risk mitigation actions and management responses.
- Provide input into risk assessments and governance reviews.
5. Follow-up & Continuous Improvement
- Track implementation of management action plans arising from assurance reviews, audits, and compliance assessments.
- Validate closure of agreed corrective actions and supporting evidence.
- Identify recurring issues, root causes, and systemic control weaknesses.
- Recommend process enhancements and continuous improvement initiatives to strengthen governance and control effectiveness.
6. Reporting, Monitoring & Analytics
- Prepare periodic assurance, compliance, and governance reports for Senior Management and functional leadership.
- Maintain and monitor the Audit Findings Register covering findings raised by Internal Audit, Host Authorities, Joint Venture Partners, Regulators, and other assurance providers.
- Coordinate and follow up with respective Process Owners and Persons-in-Charge (PICs) to ensure timely implementation and closure of agreed corrective actions.
- Track ageing, overdue actions, and remediation progress, and escalate unresolved matters to Management where necessary.
- Develop dashboards, scorecards, and tracking tools to monitor audit findings, compliance status, key risks, and governance indicators.
- Analyse trends, recurring findings, and systemic control weaknesses to identify areas requiring management attention and continuous improvement.
- Prepare management reports and presentations highlighting key risks, assurance outcomes, compliance matters, and status of outstanding findings.
- Support management reviews, governance meetings, and assurance-related reporting requirements.
7. Training & Awareness
- Assist in conducting awareness sessions on governance, internal controls, compliance requirements, and assurance expectations.
- Promote a strong governance, risk, and compliance culture across project and operational teams. Provide guidance on documentation, control requirements, and audit readiness expectations.
Requirements:
Experience
- Minimum 5–8 years of experience in Internal Audit, Assurance, Risk Management, Compliance, Governance, Finance, or Project Controls.
- Experience within Oil & Gas, LNG, Petrochemical, EPCIC, Energy, or Major Capital projects is preferred.
- Experience conducting assurance reviews, operational reviews, risk assessments, or compliance monitoring activities.
- Familiarity with project governance, contract management, procurement processes, and internal control frameworks.
Qualifications
- Bachelor's degree in accounting, Finance, Engineering, Business Administration, or a related discipline.
- Professional certification such as CIA, ACCA, CPA, CISA, CRMA, or equivalent is an advantage.
- Knowledge of COSO Internal Control Framework, risk management principles, and governance practices.
- Working knowledge of SAP, ERP systems, and data analytics tools is an advantage.
- Proficient in Microsoft Excel, PowerPoint, and reporting tools.
