About this role
Internal Auditor
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View Jobs at Northwest Petroleum & Gas Company Limited
Posted: Oct 27, 2026
Deadline: Not specified
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Every big achievement starts with a vision. The vision behind Northwest Petroleum & Gas Company Limited is about a team with passion and commitment, whose relentless efforts and dedicated service has led the Company to where it is today. Established as a small firm in 1998, the Company has earned a reputable name in the Oil and Gas industry of Nigeria...
Internal Auditor
- Job Type Full Time
- Qualification BA/BSc/HND , Professional Certificate
- Experience 3 - 5 years
- Location Lagos
- Job Field Risk Management and Compliance
Job Summary
- We seek hire an experienced, competent and collaborative individual to join our Audit team as an Internal Auditor.
Main Key Responsibilities
Audit Planning and Execution:
- Support in the developing and implementing annual audit plans based on risk assessments, industry standards, and regulatory requirements.
- Conduct financial, operational, and compliance audits to assess the effectiveness of internal controls and adherence to company policies and procedures.
- Ensure audits are conducted in accordance with audit methodology and in line with local and international standards (e.g., IIA, IPPF).
- Perform risk-based audits, ensuring a focus on key areas such as revenue leakages, inventory management, procurement, and regulatory compliance.
Risk Assessment and Internal Control Evaluation:
- Evaluate the adequacy and effectiveness of internal controls and processes, identifying weaknesses and potential risks.
- Provide recommendations to mitigate risks, improve operational efficiency, and ensure compliance with regulatory requirements (e.g., NPA, NUPRC, NMDPRA, NIMASA etc).
- Monitor key performance indicators (KPIs) related to risk management and internal controls.
Reporting and Communication:
- Prepare detailed audit reports highlighting findings, risks, and recommendations for management and stakeholders.
- Communicate audit findings and provide actionable recommendations to management in a clear and concise manner.
- Follow up on management’s corrective actions to ensure implementation of audit recommendations.
Compliance and Regulatory Audits:
- Ensure the company adheres to Nigerian laws and regulations specific to the downstream oil and gas sector.
- Conduct compliance audits related to the Petroleum Industry Act (PIA) and other industry-specific regulations.
- Coordinate with regulatory authorities during audits and ensure that all statutory requirements are met.
Fraud Detection and Prevention:
- Identify and investigate instances of fraud, corruption, and financial mismanagement.
- Develop internal controls to prevent fraud and ensure transparency in financial transactions and reporting.
- Provide guidance to management on fraud risk management and mitigation strategies.
Continuous Improvement and Best Practices:
- Stay updated with industry trends, audit best practices, and regulatory changes within the oil and gas sector.
- Recommend and implement process improvements to enhance the efficiency and effectiveness of internal audit activities.
- Assist in training and capacity building for internal audit staff and other stakeholders.
Collaboration and Stakeholder Management:
- Work closely with various departments, including Finance, Operations, Procurement, and Legal, to ensure alignment with audit objectives.
- Serve as a point of contact for external auditors, regulators, and other third parties during audits and investigations.
- Foster a culture of accountability, transparency, and continuous improvement within the company.
Qualifications
- Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.
- Professional certifications such as ACA, ACCA is mandatory, while CIA (Certified Internal Auditor), or CISA (Certified Information Systems Auditor) are highly preferred.
- 3 - 5 years of audit experience, preferably within the oil and gas industry.
- Strong understanding of the Nigerian oil and gas downstream sector, including regulatory frameworks and key business processes.
- Experience in financial reporting, risk management, and compliance audits.
Key Skills:
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Excellent analytical and problem-solving skills.
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Strong attention to detail and ability to identify key risk areas.
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Proficiency in audit tools and Microsoft Office Suite.
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Knowledge of Nigerian tax laws, IFRS, and oil and gas regulations.
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Strong communication and report-writing skills.
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High level of integrity and ethics in handling confidential and sensitive information
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