Internal Auditor

360 Degree Corporation Pvt. Limited

Lahore , Pakistan

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Posted 2 days ago 7 views Report Job

Internal Auditor Industry: Oil Marketing Company (OMC)

Location: Lahore, Pakistan

Company: A well-established Oil Marketing Company

Job Summary We are seeking a qualified and analytical Internal Auditor to strengthen internal controls, enhance operational efficiency, and ensure compliance across a well-established Oil Marketing Company. The successful candidate will conduct risk-based audits across depots, terminals, retail outlets, and head office operations, providing actionable insights to management and supporting effective risk management and governance.

This role offers an opportunity to contribute directly to business integrity, operational performance, regulatory compliance, and organizational accountability within the downstream petroleum sector.

Key Responsibilities

Plan and execute risk-based internal audits across depots, terminals, retail outlets, and head office functions.
Review inventory controls, product stock reconciliations, stock gains and losses, and related operational processes.
Evaluate procurement, sales, dealer credit, and pricing practices to ensure adherence to company policies and applicable OGRA requirements.
Assess the effectiveness of internal controls, risk management processes, and governance frameworks.
Identify control weaknesses, operational risks, and compliance gaps, and recommend practical corrective actions.
Follow up on audit findings and monitor the timely implementation of management action plans.
Prepare clear, evidence-based audit reports highlighting findings, root causes, business risks, and recommendations.
Report significant audit observations and control issues to senior management and the Board Audit Committee, as appropriate.
Apply relevant IIA Standards, COSO principles, and risk-based auditing methodologies.
Use SAP/Oracle systems and data analytics tools to support audit testing, identify anomalies, and improve audit effectiveness.
Conduct field visits to depots and other operational locations as required.

Qualifications and Experience

ACA, ACCA, or CIA qualified or part-qualified.
5–8 years of relevant internal audit experience, preferably within an OMC or the downstream petroleum industry.
Sound understanding of IIA Standards, COSO frameworks, internal controls, and risk-based auditing.
Working knowledge of SAP/Oracle or similar ERP systems and data analytics tools.
Experience auditing inventory, procurement, sales, dealer credit, pricing, or multi-location operations will be an advantage.
Willingness to travel to depots and field locations as required.

Core Competencies

Integrity and Professional Independence
Analytical Thinking and Attention to Detail
Professional Skepticism and Risk Assessment
Audit Planning and Execution
Internal Controls and Compliance
Data Analysis and Problem-Solving
Clear Report Writing
Stakeholder Management and Communication

What Makes This Opportunity Valuable?

Exposure to critical operational and commercial processes within the downstream petroleum sector.
Opportunity to contribute to stronger governance, risk management, and internal control effectiveness.
Direct engagement with operational teams and senior management on business-critical audit matters.
A role suited to professionals who value analytical rigor, professional integrity, and measurable business impact.

Pay: Rs400,000.00 - Rs500,000.00 per month Work Location: In person