Lead Operational Auditor

2 weeks ago

Dhahran Compound, Saudi Arabia oilandgas Full time
Overview:

We are currently seeking a Lead Operational Auditor with substantial auditing or operational experience in Upstream or Downstream to join our Internal Auditing Organization. This role does not have permanent direct reports, however the Lead Auditor on any audit will have a team working for them.

Lead Auditor will be responsible for the audit team and will be the main point of contact for the client. In terms of career progression, it is important to note that Internal Auditing at the company is a significantly large organization, and therefore there are significant opportunities for advancement.

There are opportunities to be promoted to (i) Group Head positions, which oversee audits and perform planning and administrative work, or perform specific non-audit functions within Internal Auditing such as Audit Committee Reporting, Advisory Services, Quality Assurance, Affiliate Coordination & Oversight, (ii) Audit Manager positions, which involves leading an audit division that would be responsible for all audits related to a Business Line, (iii) Chief Audit Executive of one of our Affiliates.

There are significant number of positions to achieve growth to the point that most auditors never leave the organization and climb the hierarchy ladder numerous times over their careers. You will be based in our corporate headquarters in Dhahran, Saudi Arabia.

The Internal Auditing organization within the company is an independent and objective assurance and consulting activity designed to add value and improve the operations of the company. The Internal Auditing organization helps the organization to accomplish its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization's risk management, control, and governance processes.

The Internal Auditing organization provides members of management and the Board of Directors with analyses, recommendations, and information concerning the activities reviewed. The Internal Auditing organization consists of four (4) departments: Operational Audits, Functional Audits, Affiliates Audits, and Special Audits with three (3) audit divisions under each department.

Minimum Requirements:
  • As a successful candidate, you will hold a bachelor's degree in accounting, finance, engineering, or another related field; an advanced degree is a plus.
  • You will have a minimum of seven (7) years of experience in auditing, engineering, or plant operations within the oil and gas industry or from one of the Big Four (4) Auditing firms.
  • You should hold at least one (1) professional certification, such as the Certified Internal Auditor, Certified Public Accountant, Chartered Accountant, or a similar professional credentials.
  • You must demonstrate excellent oral and written communication skills in the English language and excellent presentation and interpersonal skills.
  • You should be flexible to travel within the Kingdom and/or outside the Kingdom to conduct audit and consulting engagements.
Duties & Responsibilities:
  • Establish the objective and scope of the audit engagement.
  • Identify key risks and controls within the business and operational processes under review.
  • Develop comprehensive risk-based audit programs.
  • Responsible for the audit team and will be overseeing assistant auditors.
  • Discuss concerns and issues with the audit client, draft field memorandums, and update client and Internal Auditing Management on progress of the audit.
  • Execute risk-based audit procedures in alignment with company policies and international standards.
  • Prepare audit reports.
  • Deliver presentations to client management at the audit opening and closing meetings.
  • Provide on-the-job training and mentoring to less experienced staff.
  • Evaluate the performance and capabilities of the assisting staff auditors.
  • Provide assurance and consulting activities on internal controls as requested.
Benefits:
  • Compelling remuneration package.
  • Permanent Employment on an Indefinite Term Employment Agreement.
  • The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
  • Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
  • Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
  • Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
  • Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.
  • Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.
  • Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
  • Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
  • Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
  • Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
  • Short-term Disability: In the event you are unable to work due to illness or injury, short-term disability income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
  • Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
  • Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.
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