The Internal Audit Director is responsible for leading the Internal Audit function and ensuring robust governance, risk management, controls and compliance in all sections of the organization. The Internal Audit Director will report directly to the Chief Financial Officer and the Audit Committee of the Board of Directors. This role requires a strategic thinker with strong leadership abilities, excellent communication skills and a deep understanding of audit methodologies and best practices.
DUTIES & RESPONSIBILITIES:
- Build and lead a multi-disciplinary internal audit team.
- Define, oversee and implement the internal audit function and framework.
- Conduct risk assessments and identify areas of potential risk or exposure, including operational, financial and compliance risks.
- Develop and implement a risk-based internal audit plan that aligns with our strategic objectives, regulatory requirements and industry standards.
- Evaluate the effectiveness of internal controls and processes and recommending solutions to mitigate risks.
- Oversee and ensure outsourced internal audit projects are completed in a timely and efficient manner and performed to our standards, industry best practices and the relevant risk and regulatory environment
- Coordinate with external auditors to facilitate the annual external audit process and ensure efficient utilization of resources.
- Communicate audit findings and recommendations to senior management, the Audit Committee and other stakeholders in a clear and concise manner.
- Drive continuous improvement in the control environment and underlying processes.
- Skilled expertise in global finance operations, audit best practices and corporate governance.
- Collaborate with executive leadership and ensures alignment with organizational goals.
- Stay abreast of emerging trends, regulations and best practices in internal auditing and recommend enhancements to the internal audit function as needed.
- Foster a culture of integrity, accountability and continuous improvement within the internal audit team and across the organization.
EDUCATION & EXPERIENCE:
- Bachelor’s or master’s degree in accounting, finance, business, or a related discipline.
- 10 years of experience in auditing, with at least 5 years in a leadership role.
- Upstream oil and gas experience required.
- Public company experience with SOX 404, including remediation of deficiencies required.
- International experience preferred.
QUALIFICATIONS & SKILLS:
- Strong knowledge of auditing standards, regulations, and industry best practices.
- Strong understanding of internal audit methodologies, risk assessment techniques, and regulatory requirements.
- Excellent organizational skills, analytical skills and attention to detail, with the ability to identify issues, analyze root causes, and develop practical solutions.
- Strong communication and interpersonal skills, with the ability to present audit observations clearly and concisely.
- Flexibility to travel domestically and internationally, as requested, to meet audit needs.
CERTIFICATES & LICENSES:
- CPA/CIA/CISA certification preferred.
PHYSICAL REQUIREMENTS:
- Employee must be able to sit for extended periods of time and have use of arms and hands in repetitive motion. A fair amount of standing and walking is also required for the position.
