Chief Internal Auditor - Drilling background

Our client is seeking an experienced Chief Internal Auditor to establish and lead an independent, risk-based Internal Audit function in line with international best practices.

The Candidate must come from a Drilling Company background, Oil and Gas experience is essential

Key Responsibilities

Internal Audit Function Setup

• Establish and implement a comprehensive Internal Audit framework, including risk-rating mechanisms for audit observations and reports.

• Develop and implement an Internal Audit Charter aligned with IIA (Institute of Internal Auditors) standards.

• Design and implement Audit Committee guidelines and terms of reference in line with regulatory and governance best practices.

Audit Governance & Risk Management

• Lead an independent, objective, risk-based audit function that adds value and improves organisational operations.

• Evaluate internal controls, risk management systems, documentation, and compliance frameworks.

• Design audit test plans, conduct audits, and assess evidence using professional auditing standards.

Accounting & Financial Controls

• Analyse financial control systems and assess fraud risks, including preventive and detective controls.

Audit Programs & Quality Assurance

• Supervise internal audits conducted by audit staff, ensuring compliance with ISO 9001 standards where applicable.

• Review audit programs to ensure adequate coverage of audit objectives.

Audit Reporting & Stakeholder Engagement

• Review and finalise audit reports and working papers before submission to management and governance bodies.

• Present audit findings and recommendations and agree on corrective action plans with management.

Research, Standards & Continuous Improvement

• Monitor developments in auditing and accounting standards and introduce new audit techniques where appropriate.

• Share insights and best practices through internal forums and professional discussions.

External Audit Coordination

• Coordinate with external auditors by sharing key internal audit findings and assessing the effectiveness of external audit activities.

Ad-hoc Audits & Special Assignments

• Conduct special audits, investigations, and process reviews as required by management or the Board.

Policies & Compliance

• Ensure internal audit activities comply with all applicable policies, procedures, and regulatory requirements.

Candidate Profile

• Proven senior-level experience in Internal Audit leadership.

• Strong knowledge of international auditing standards, governance frameworks, and risk management.

• Excellent analytical, communication, and stakeholder management skills.

• Professional audit or accounting qualifications preferred.