Audit & Compliance Specialist at Matrix Energy Group

Description

Education Requirement:

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• ICAN, ACCA, or equivalent professional qualification is mandatory.
• Minimum of 8–10 years’ experience in the oil and gas industry.
• Knowledge of the Upstream Oil & Gas business will be a strong advantage.
• Strong working knowledge of internal controls, audit methodologies, and risk management practices.
• Proficiency in Microsoft Office tools, particularly Excel.
• Excellent analytical, investigative, and problem-solving skills.
• Strong communication, reporting, and technical writing skills.

Responsibilities

• Conduct detailed reviews of payment vouchers to ensure accuracy, authorization, and compliance with approved policies.
• Review monthly bank reconciliation statements and investigate reconciling items or anomalies.
• Review monthly stock reconciliation reports to ensure completeness and accuracy.
• Perform periodic reviews of general ledger (GL) accounts to ensure the integrity and accuracy of management accounts.
• Review prepayments and depreciation schedules to ensure timely and accurate updates in line with company policy.
• Review ERP processes, identify control gaps, and recommend process and system improvements.
• Support credit review and risk management activities by assessing exposure, controls, and compliance.
• Ensure timely and accurate rendition of taxes and other statutory obligations, in collaboration with relevant stakeholders.
• Monitor compliance with internal policies, regulatory requirements, and industry best practices.
• Prepare clear, concise audit reports highlighting findings, risks, and recommendations.
• Track and follow up on audit findings to ensure timely and adequate resolution of identified issues.
• Escalate unresolved issues and significant control weaknesses to the Group Head, IACD.