Internal Audit Manager

The Company:

Aramco Trading was established as Saudi Aramco’s trading arm in 2011 under the approval of Saudi Aramco’s Board of Directors. It established its headquarters in Al-Midra Tower in Dhahran, Saudi Arabia and have 4 other global offices in London, Singapore, Dubai and America. With five offices currently operating worldwide, Aramco Trading has broader access to markets, a wider client base, a more talented and diversified workforce, and a more sophisticated and integrated global business model.

Today, the company is recognized globally as a critical trading partner for refiners, shipping companies, financial institutions, end-users, and other product-trading companies. The company trades across the barrel including Crude, Middle distillates, Light distillates, bulk petrochemicals, polyolefin and recently clean energy like LNG, Emission and Biofuels.

Aramco Trading Singapore (ATS) is the largest subsidiary out of the kingdom and is actively trading within the region and globally across all products since 2018.

The Function:

To provide full support to the Chief Internal Audit Officer in developing and managing a comprehensive program of internal auditing in accordance with the Institute of Internal Auditors standards in addition to Audit Committee guidance. To assist the Chief Internal Audit Officer in ensuring conformance with the internal audit standards, plans, budgets, and schedules, as well as, assisting the company in accomplishing its strategic and operational objectives. To maintain effective working relations with the operating management.

Key Accountabilities:

• Lead internal auditing activities in the company, specifically in Operations, IT and Information Security activities of the company.

• Plan and execute audits in accordance with internal audit standards.

• Assign staff to audit tasks within the assigned area(s) and develop audit schedules.

• Arrange with the operational management of areas of review for the performance of the audits.

• Review and approve the purpose, scope, and audit program of each audit area.

• Counsel and guide auditors to see that the approved audit objectives are met and that adequate, practical coverage is achieved.

• Review audit work papers developed by the auditor in charge and carry out general review of other working papers and wrap up audit files for the review of Chief Internal Audit Officer.

• Review and edit audit reports and, in arrangement with the auditor in charge, discuss the reports with the appropriate operational management.

• Develop proposals, to the Chief Internal Auditor, for recruiting, selecting, training, evaluating, and supervising of staff auditors.

• Identify factors causing deficient conditions and recommends courses of action to improve the conditions, including special surveys and audits, as appropriate.

• Follow up corrective action plans taken by operational management in response to the audit reports findings and recommendations.

• Enable for a flow of communication from operating management to the Chief Internal Audit Officer.

• Participate in fraud investigations, if required or requested.

• Coordinates audit efforts with the External Auditors, as appropriate.

• Build constructive relationships with operating management and ensure a partnering relationship with the respective functions/ departments.

• Proactively provide inputs in the development of company’s audit plan and improvements in methods enhancements.

• Assist in non-audit assignments/ tasks, as requested and provide deliverables within the agreed timeline and with highest level of quality standards.

• Provide effective leadership and constructive feedback, where relevant to team members based on objective assessments and reviews.

• Proactively assist in enhancing Internal Audit’s governance, infrastructure and processes, as appropriate.

• Actively contribute/ assist in in enhancing the reputation of internal audit, its infrastructure, methodologies and processes.

• Contribute to the identification of opportunities for continuous improvement of processes and practices, work processes, cost effectiveness, and productivity enhancement.

• Actively promote within the organization, the proper implementation and adherence to policies, procedures, processes, and instructions.

• Provide support to the department in enhancing awareness within the organization, on new trends in business and technology, emerging risks, new compliance requirements and legislative trends, and other audit related issues.
  

Requirements:

• Bachelor's Degree in Accounting, Finance, Computer Science, Engineering, or other business related fields.

• Professional certification such as the CIA, CPA, CFA, or other certificates of equal caliber.

• More than 10 years of work experience in accounting, auditing, compliance, or related fields (experience with energy trading is preferred)

• Ability to execute concurrent projects in a fast paced environment.

• Ability to establish strong working relationships at all levels of the organization.

• Excellent critical and analytical thinking, written and oral communication, and organizational skills.
  

Application:

Do you have what it takes? If you are keen to grow your career with a leading energy company, this is the role for you.

Interested applicants please submit full resume with email and contact details to

ATS-HR@aramcotrading.sg

We regret to inform you that only selected candidates will be notified.