Rainoil Limited Vacancy for an Internal Auditor

Rainoil Limited is a leading downstream oil marketing company; primary products which include (PMS), Diesel (AGO) and Kerosene (DPK).

We are recruiting to fill the position of:

Job Title: Internal Auditor

Location: Lagos

Job Summary

  • To provide independent, objective assurance on Interswitch compliance with statutory requirements, policies and procedures thereby minimising exposure to potential risks and impact on business performance

Duties and Responsibilities

  • Assists in the implementation of internal control policies and procedures to ensure compliance and promote operational efficiency & transparency
  • Gathers data for internal audit through a variety of methods including interviews, financial research, downloads, etc.
  • Verifies the existence of documents vital to the operations of the various functions in Rainoil
  • Evaluates operations or programs to ascertain whether results are consistent with established processes, objectives and goals and whether the operations or programs are being carried out as planned.
  • Follows-up on the implementation of the audit recommendations and ensures that improvements are made to reduce the residual risks to appropriate levels
  • Generates periodic reports on internal audit activities for review by the Audit Team Lead
  • Conducts Internal Control evaluation and risk assessments to identify loopholes and areas  requiring management intervention to prevent frauds, embezzlements, misappropriations,  misuse and wastage
  • Conducts audit tests and investigations as designed by the Audit Team Lead
  • Prepares draft audit reports for review by the Team Leads
  • Evaluates information security and associated risk exposures
  • Coordinates and participates in periodic inventory count and fixed asset verification exercises.
  • Evaluates the means of safeguarding company assets and as appropriate, verifies the existence of such assets


  • Minimum of Four (4) years relevant experience working in the internal audit function of a similar organisation
  • Minimum of Bachelor’s Degree/HND in Accounting or any finance related course.
  • Relevant professional certifications e.g. Institute of Internal Auditors (IIA), Institute of Chartered Accountants of Nigeria (ICAN) or Association of Certified and Chartered Accountants (ACCA), Certified Information Systems Auditor (CISA).


  • MBA or Master’s degree in any related discipline

How to Apply

Interested and qualified candidates should:
Click here to apply online

Application Deadline  30th October, 2015.

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