Internal Audit Manager

Role Purpose

The Internal Audit Manager is responsible for leading and managing the internal audit function to provide independent and objective assurance on the effectiveness of governance, risk management, and internal control processes. The role plays a critical part in safeguarding assets, ensuring regulatory compliance, and improving operational efficiency across upstream, midstream, and downstream Oil & Gas activities.

Key Responsibilities

1. Internal Audit Strategy & Planning

• Develop and execute a risk-based Internal Audit Plan aligned with the company’s strategic objectives and Oil & Gas risk profile.

• Periodically review and update the internal audit strategy in line with changes in business operations, regulations, and industry risks.

• Present audit plans, key findings, and recommendations to the Board, Audit Committee, and senior management.

2. Audit Execution & Assurance

• Lead and oversee end-to-end internal audit engagements, including planning, fieldwork, reporting, and follow-up actions.

• Evaluate the effectiveness of internal controls, governance frameworks, and risk management practices across operations, finance, procurement, projects, HSSE, and IT systems.

• Ensure audits are conducted in accordance with IIA Standards, best practices, and company policies.

3. Risk Management & Internal Control

• Identify key enterprise and operational risks specific to the Oil & Gas industry and assess the adequacy of mitigation controls.

• Provide practical recommendations to strengthen internal controls, business processes, and compliance frameworks.

• Support management in enhancing overall control environment and operational discipline.

4. Fraud Investigation & Special Reviews

• Lead or support investigations related to suspected fraud, misconduct, or control breaches, in coordination with Compliance and Legal functions.

• Conduct ad-hoc audits and special assignments as requested by the Board or Audit Committee.

5. External Audit & Stakeholder Coordination

• Act as the primary liaison with external auditors, regulators, and other assurance providers.

• Coordinate audit activities to minimize duplication and ensure efficient coverage of risk areas.

• Monitor management’s implementation of agreed audit recommendations and corrective actions.

6. Leadership & Team Development

• Lead, coach, and develop internal audit team members to build strong technical and industry capabilities.

• Ensure high professional standards, ethical behavior, and continuous improvement within the audit function.

• Drive knowledge transfer from Big 4 methodologies and best practices into internal audit processes.

7. Governance, Compliance & Ethics

• Promote compliance with company policies, Code of Conduct, and applicable Oil & Gas regulations.

• Support governance initiatives and reinforce a strong culture of integrity, transparency, and accountability.

• Ensure audit activities consider HSSE and regulatory compliance risks.

General Requirements & Qualifications

1. Education

• Bachelor’s degree in accounting, Finance, Economics, or a related discipline.

• Master’s degree or MBA is an advantage.

2. Professional Certifications

• CPA, CIA, CISA, CFE, or equivalent professional certification is highly preferred.

3. Experience

• Minimum 12–15 years of professional experience in internal audit, external audit, or risk advisory.

• Strong background from Big 4 accounting firms (Audit, Risk Advisory, or Energy & Natural Resources practice).

• Demonstrated experience auditing Oil & Gas companies, including upstream, midstream, or downstream operations.

• At least 5 years in a managerial or leadership role, managing audit teams and engaging with senior stakeholders.

4. Technical & Professional Competencies

• Strong understanding of Oil & Gas business processes, industry risks, and regulatory requirements.

• Deep knowledge of internal control frameworks, risk management, and corporate governance.

• Excellent analytical, problem-solving, and report-writing skills.

• Ability to deliver clear, practical, and value-added audit recommendations.

• High level of integrity, independence, and professional judgment.

5. Personal Attributes

• Strong leadership presence with the ability to engage confidently with Board and senior management.

• Proactive, detail-oriented, and resilient in a complex and regulated environment.

• Excellent communication skills in English (Bahasa Indonesia is required).

• Willingness to travel to operational sites when required.